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Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 15.81% |
| A M R CP | AAMRQ | 8.48% |
| JAZZ PHARMAC | JAZZ | 7.12% |
| SANTARUS INC | SNTS | 5.87% |
| DIXIE GROUP | DXYN | 4.93% |
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The quarterly earnings of $0.43 per share beat the Zacks Consensus Estimate of $0.40, and rose 43.3% from the prior-year quarter. Macy's continues to expect fiscal 2012 earnings between $3.25 and $3.30 per share.
The company hinted that it is seeking to expand both the Macy's and Bloomingdale's brands, which present enormous opportunities to enhance market share. Macy's, which saw a 1.2% increase in April comparable-store sales, now expects comps growth of approximately 3.7% for fiscal 2012.
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