Federated Department Stores Inc.

News & Analysis

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

• Federated Reports Third Quarter Earnings of 3 Cents Per Diluted Share from Continuing Operations

  - 2006-11-08

  Diluted EPS from Continuing Operations, Excluding Merger Integration Costs and Inventory Valuation Adjustments, is 20 Cents, the High End of the Company's Guidance CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today reported earnings of 3 cents per diluted share from continuing operations for the third quarter of 2006,...

  Tags: Company, Federated Department Stores Inc., merger, receivables, SALES

• M&A ACTIVITY CONTINUES TO HEAT UP.(mergers and acquisitons)

  - 2006-06-05

  Byline: VICKI M. YOUNG NEW YORK - This summer is likely to be a busy time on the M&A front. As private equity and real estate players continue to eye the retail and apparel sectors, several major deals are entering...

  Tags: Federated Department Stores Inc., FINANCE, Investment, Jones, Lord & Taylor, merger

• Robinsons HQ changes due in fall

  - 2006-06-05

  Robinsons-may/Garcia/8'Although slated to close as a result of the merger between Federated Department Stores Inc. and May Department Stores Co., the Robinsons-May headquarters offices will continue to operate in North Holly-wood, at least for the time being. Milinda Martin, a spokesman for Macy's West, the Federated unit that has...

  Tags: Federated Department Stores Inc., FINANCE, Investment, Macy, merger

• Federated Reports First Quarter Loss of 27 Cents Per Diluted Share From Continuing Operations; Diluted EPS is 2 Cents, Excluding Merger Integration Costs and Inventory Valuation Adjustments

  - 2006-05-10

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today reported a loss of 27 cents per diluted share from continuing operations for the first quarter of 2006, ended April 29, 2006. This compares with diluted earnings per share from continuing operations of 71 cents for the same 13-week period last...

  Tags: Company, Federated Department Stores Inc., FINANCE, income, integration, Macy, merger, SALES, valuation

• Federated Reports Fourth Quarter Earnings of $2.45 Per Diluted Share from Continuing Operations; Diluted EPS is $2.74, Excluding Merger Integration Costs and Inventory Valuation Adjustments

  - 2006-02-21

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported diluted earnings per share from continuing operations of $2.45 for the fourth quarter of 2005, ended Jan. 28, 2006. This compares with diluted earnings per share from continuing operations of $2.55 for the same 13-week period last year. Excluding May...

  Tags: adjustment, Company, Federated Department Stores Inc., FINANCE, income, Macy, merger, SALES

• Racing to please Macy's; Vendors hustle to give chain upmarket brands.(Federated Department Stores Inc. company forecasts after merger with May Department Stores Co.)

  - 2005-11-21

  Byline: STEPHANIE THOMPSON Crain News Service More than 100 apparel marketers, facing banishment of their brands from the nation's largest department stores, are scrambling to create and market higher-end lines to meet the demands of almighty Macy Byline: STEPHANIE THOMPSON Crain News Service...

  Tags: brand, Federated Department Stores Inc., Macy, merger

• Federated Completes Merger with May Company

  - 2005-08-30

  CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today announced it has completed its merger with The May Department Stores Company. The merger became effective prior to the opening of trading this morning on the New York Stock Exchange. Under terms of the merger agreement, May Company shareholders as of...

  Tags: Company, Federated Department Stores Inc., FINANCE, Investment, Macy, merger

• Fitch Announces Rating Actions for Federated & May after Merger

  - 2005-08-30

  CHICAGO -- Upon completion of Federated Department Stores, Inc.'s Federated acquisition of The May Department Stores Company May, Fitch Ratings has updated its ratings for both companies as outlined below. Federated's debt and May's senior notes and debentures will now be located at Federated's operating subsidiary, Federated Retail Holdings, Inc....

  Tags: Federated Department Stores Inc., Fitch, merger

• BALANCE SHEET; WINNERS AND LOSERS ON THE FISCAL BATTLEFIELD.

  - 2005-08-15

  Byline: Arthur Zaczkiewicz From a financial perspective, Federated Department Stores Inc.'s transition into a "new era" was shiny as the retailer delivered robust second-quarter earnings last week. The Cincinnati-based company posted net income that rose 89.7 percent to $148 million, or 84 cents...

  Tags: Federated Department Stores Inc., FINANCE, Investment, merger, Retail, SALES

• Merger costs, weak sales hurt May's quarterly earnings

  - 2005-08-10

  ST. LOUIS -- May Department Stores Co.'s earnings fell by nearly half in the second quarter, hurt by expenses from a pending merger with rival Federated Department Stores Inc. and disappointing same- store sales, the company said Tuesday. Quarterly income dropped to $52 million, or 16 cents per...

  Tags: earnings, Federated Department Stores Inc., FINANCE, Investment, Lord & Taylor, May Department Stores Co., merger, SALES