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Highlights

A collection of news and information related to Saks Inc. published by this site and its partners.

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    May 24, 2013 |Story| Reuters

  1. Wall Street posts first weekly loss since mid-April on Fed angst

    NEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the economy.
    Reuters
    NEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...

    Tags: Sony Corp., Fuel-efficient Vehicles, Real Estate Sales, Dean Foods Company, Websense Incorporated

    2. May 24, 2013 |Story| Reuters

  2. Insight: Luxury brands position for U.S. boom

    Reuters
    PARIS/NEW YORK (Reuters) - Most men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace. Ephraim is the kind of man who gives luxury...

    Tags: Francois-Henri Pinault, Government, Stella McCartney, China, U.S. Department of State

    3. May 24, 2013 |Story| Reuters

  3. INSIGHT-Luxury brands position for U.S. boom

    Reuters
    * Affluent U.S. consumers feel it's safe to spend again * China second to U.S. in 2012 luxury retail growth * Influx of tourists will help as Obama reworks visa wait * Top brands expanding across the United States By Astrid Wendlandt and Phil Wahba...

    Tags: Francois-Henri Pinault, Government, China, U.S. Department of State, New York City

    4. May 22, 2013 |Story| Reuters

  4. US STOCKS-Futures tick higher ahead of Bernanke testimony

    Reuters
    * Saks rallies on report it is mulling sale * Bernanke seen hitting dovish note in testimony * Futures up: Dow 17 pts, S&P 2 pts, Nasdaq 5 pts NEW YORK, May 22 (Reuters) - U.S. stock index futures edged up in thin trading Wednesday, ahead of highly...

    Tags: Lowe's Companies Inc., Toll Brothers Inc, Federal Reserve, Stock Market, Goldman Sachs Group, Inc.

    5. May 22, 2013 |Story| Reuters

  5. Futuros de acciones de EEUU suben a la espera de testimonio de Bernanke

    Reuters
    NUEVA YORK, mayo 22 (Reuters) - Los futuros de las acciones estadounidenses subían el miércoles en medio de pocas operaciones antes de un esperado testimonio frente al Congreso del presidente de la Reserva Federal, Ben Bernanke, respecto a la economí...

    Tags: Stock Market, Goldman Sachs Group, Inc., S&P 500, Ben Bernanke

    6. May 22, 2013 |Story| Reuters

  6. U.S. RESEARCH ROUNDUP: Bristol-Myers, BlackBerry, NetApp, Home Depot

    Reuters
    May 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Carnival Corp and Bristol-Myers, on Wednesday. HIGHLIGHTS * Bristol-Myers Squibb : Citigroup raises to buy from neutral *...

    Tags: Analog Devices Incorporated, Central Pacific Financial Corporation, SunTrust Banks Incorporated, Keycorp, Occidental Petroleum Corp.

    7. May 21, 2013 |Story| Reuters

  7. BRIEF-Saks jumps 19 percent in extended trading

    Reuters
    NEW YORK, May 21 (Reuters) - Saks Inc : * Jumps 19 percent in extended trading
    8. May 21, 2013 |Story| Reuters

  8. Saks shares rise on report it hired Goldman for strategic options

    Reuters
    NEW YORK, May 21 (Reuters) - Shares of Saks Inc climbed higher Tuesday after the New York Post reported that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, citing a source briefed on...

    Tags: Goldman Sachs Group, Inc.

    9. May 21, 2013 |Story| Reuters

  9. Saks hires Goldman to explore options, possible sale

    Saks Inc. reportedly has hired Goldman Sachs to explore strategic alternatives, including a possible sale.
    Reuters
    Saks Inc. reportedly has hired Goldman Sachs to explore strategic alternatives, including a possible sale. The New York Post, citing a source briefed on the matter, said Tuesday that the luxury department store chain, is looking at options including a...

    Tags: Goldman Sachs Group, Inc.

    10. May 21, 2013 |Story| Chicago Tribune

  10. The day ahead in business May 21

    Earnings: Autozone Inc., Best Buy Co., Burberry Group Plc, Dick's Sporting Goods Inc., Home Depot Inc., Intuit Inc., Medtronic Inc., Red Robin Gourmet Burgers Inc., Saks Inc., TJX Cos.
    Earnings: Autozone Inc., Best Buy Co., Burberry Group Plc, Dick's Sporting Goods Inc., Home Depot Inc., Intuit Inc., Medtronic Inc., Red Robin Gourmet Burgers Inc., Saks Inc., TJX Cos. Annual meetings: Allstate Corp., Mondelez International Inc., Old...

    Tags: Red Robin Gourmet Burgers Incorporated, Best Buy Co., Inc., Medtronic Incorporated, Intuit Incorporated, Stericycle Incorporated

    11. May 21, 2013 |Story| Reuters

  11. BRIEF-Saks shares up 2.2 percent in premarket trade after results

    Reuters
    NEW YORK, May 21 (Reuters) - Saks Inc : * Shares up 2.2 percent in premarket trade after results
    12. May 21, 2013 |Story| Reuters

  12. Saks first-quarter same-store sales beat estimates

    Reuters
    May 21 (Reuters) - Saks Inc on Tuesday reported higher than expected first-quarter sales, but it warned that investments to launch an e-commerce site for its outlet chain would weigh more on profits than expected. Saks reported a profit of $20 million,...
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