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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (5426)8/13/2019 6:39:15 PM
From: richardred  Read Replies (1) | Respond to of 7242
 
RE-NG Before the recent drop on my recent NG buys. I sold my ECA & CHK on swing trades, both for profits. I hold no energy stocks again. I'll look for possible opportunities again. IMO both stocks good for trading in the Common & Options, high volume and liquidity.



To: E_K_S who wrote (5426)8/14/2019 8:56:27 AM
From: E_K_S  Read Replies (3) | Respond to of 7242
 
Macy's EPS misses by $0.17, shares tumble
Aug. 14, 2019 8:01 AM ET|About: Macy's, Inc. (M)|By: Niloofer Shaikh, SA News Editor

Macy's (NYSE: M): Q2 Non-GAAP EPS of $0.28 misses by $0.17; GAAP EPS of $0.28 misses by $0.15.

Revenue of $5.55B (-0.4% Y/Y) in-line.

Shares -7.28% PM.

Press Release

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The company guides for FY20 EPS of $2.85 to $3.05 vs. $3.05 to $3.25 prior and $3.07 consensus. Macy's says the EPS guidance doesn't reflect the fourth tranche of tariffs on goods from China. The company is evaluating the details of the tariffs and is actively working with its vendor partners and suppliers in China to help mitigate potential impact.

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Going to watch 1st hour for small Buy. Like to get some shares at $15.85/share or lower. Company did reduce their guidance -7% lower from previous estimates.

Pre-market now at $16.33/share -14.5%