Federated Department Stores Inc.

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federated department stores inc. and litigation - All News and Analysis

• Federated Raises 2Q and 2006 Earnings Guidance to Include Tax Settlement

  - 2006-05-16

  CINCINNATI -- Federated Department Stores, Inc.(NYSE:FD)(NYSE Arca:FD) today announced it is increasing its earnings guidance for the second quarter of 2006 by 33 cents per diluted share because of a settlement with the Internal Revenue Service that will result in a cash refund of $158 million of prior year taxes...

  Tags: Federated Department Stores Inc., FINANCE, Litigation, settlement, Taxes

• MD Legal Briefs: August 31, 2005

  - 2005-08-31

  Agreement in store Federated Department Stores Inc., of Cincinnati, Ohio, agreed to keep several department stores in Maryland operating when it acquires St. Louis-based May Co., Attorney General J. Joseph Curran Jr. announced yesterday. Federated owns Macy's and Bloomingdale's, while May owns the Hecht's and Lord & Taylor...

  Tags: agreement, Federated Department Stores Inc., Litigation

• ZIMMERMAN FACES NYS PERJURY CHARGE.(James Zimmerman)(New York State)

  - 2005-01-10

  Byline: VICKI M. YOUNG, Contributions by MEREDITH DERBY NEW YORK -- James Zimmerman, former chairman and chief executive officer of Federated Department Stores, is due back in court March 3 following an indictment on perjury charges last Tuesday that astonished many in...

  Tags: antitrust, Federated Department Stores Inc., Litigation, SECURITY

• J.C. Penney names a new chief

  - 2004-10-28

  PLANO, Texas -- J.C. Penney Co. Inc. named a former chairman and chief executive of Macy's to lead the department store company, replacing Allen Questrom. Myron E. Ullman III, currently an executive with luxury retailer LVMH Moet Hennessy Louis Vuitton, will take Questrom's place on Dec. 1, Penney...

  Tags: Federated Department Stores Inc., Litigation, Macy, Penney, SALES

• Wells Fargo profit up 12 percent

  - 2004-07-21

  Wells Fargo & Co.'s second-quarter earnings rose more than 12 percent due to broad-based growth in revenue and improving credit quality. The nation's fifth-largest bank by assets Tuesday reported second-quarter net income of $1.71 billion, or $1 a share, up from $1.53 billion, or 90 cents a share, in the...

  Tags: Citigroup Inc., Federated Department Stores Inc., FINANCE, handset, INTERNET, investor, IPO, Litigation, Macy, Motorola Inc., Wells Fargo & Co., WorldCom Inc.

• FEDERATED SEEN EYEING BARNEYS; UPSCALE RETAILER EXPLORING STRATEGIC ALTERNATIVES, SALE AS AN AVENUE TO GROWTH.(Federated Department Stores Inc.)(Barney's Inc.)

  - 2004-07-05

  Byline: VICKI M. YOUNG NEW YORK -- Now that it has lost out in its bid to buy Marshall Field's, Federated Department Stores may look to Barneys New York as a consolation prize. Industry sources speculated last week...

  Tags: Federated Department Stores Inc., FINANCE, Investment, Litigation, SALES

• Times Union, Albany, N.Y., Business Briefs Column.

  - 2004-05-20

  Times Union, Albany, N.Y. Knight Ridder/Tribune Business News May 20--PLUG POWER SETTLES LAWSUIT BROUGHT BY SHAREHOLDERS: Plug Power Inc. has settled for an undisclosed amount a class-action lawsuit brought in 2000 by a group of disgruntled shareholders. The complaint accused...

  Tags: Albany, Federated Department Stores Inc., FINANCE, Litigation, Macys.com, MARKETING, Retail, settlement, shareholder, supplier

• Federated Implements HNC Falcon Fraud Manager to Mitigate Fraud On Its Visa Portfolio

  - 2002-02-04

  Business Editors & High-Tech Writers SAN DIEGO--BUSINESS WIRE--Feb. 4, 2002 HNC Software Inc. (Nasdaq:HNCS), a leading provider of high-end analytics and decision management software, and Federated Department Stores Inc. (NYSE:FD)(PCX:FD) today announced the implementation of HNC Falcon Fraud Manager for Credit Card Issuers to mitigate fraud on Federated's...

  Tags: Federated Department Stores Inc., FINANCE, fraud, Litigation, payment, Retail, Visa Inc.

• Federated Department Stores Settles CPSC Allegations, Announces Children's Sleepwear Education Initiative

  - 2001-04-12

  Business Editors CINCINNATI--BUSINESS WIRE--April 12, 2001 Federated Department Stores, Inc. today announced settlement of allegations made by the Consumer Product Safety Commission CPSC that the company had violated the Flammable Fabrics Act. In signing a consent agreement with the CPSC, Federated strongly denied the Commission's allegations that the...

  Tags: Federated Department Stores Inc., Litigation, Retail, SALES, U.S. Consumer Product Safety Commission

• FEDERATED, HERBERT MINES SETTLE SUIT.

  - 2001-03-23

  NEW YORK -- Federated Department Stores Inc. and Herbert Mines Associates Inc. said Thursday that they've settled their litigation over an executive recruitment matter in connection with Federated's Stern's division. While the parties declined to provide details of the settlement, they noted that "no...

  Tags: Federated Department Stores Inc., FINANCE, Litigation, settlement