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Stock Market & Financial Investment News

News Breaks
November 27, 2012
05:55 EDTAEO, AEO, ANN, ANN, CWTR, CWTR, TFM, TFM, MOV, MOVCompanies reporting Before the Market Open on Wednesday, November 28
Notable companies reporting before the opening bell include Eagle Outfitters (AEO), Ann (ANN), Coldwater Creek (CWTR), Fresh Market (TFM) and Movado Group (MOV).
News For AEO;ANN;CWTR;TFM;MOV From The Last 14 Days
Check below for free stories on AEO;ANN;CWTR;TFM;MOV the last two weeks.
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September 10, 2014
11:37 EDTMOVGarmin bounces back, Fossil continues slide after Apple Watch unveiled
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September 9, 2014
14:09 EDTMOVFossil down 3% after Apple confirms launch of Apple Watch
Shares of watchmaker Movado (MOV) are also down 1.6% as Apple's (AAPL) launch event continues.
09:04 EDTANNMorgan Stanley views a potential IPO of Ann Inc. as unattractive
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September 5, 2014
12:19 EDTAEOGap falls after reporting August same-store sales decline
Shares of apparel retailer Gap (GPS) are falling after the company reported disappointing August same-store sales results and Buckingham analysts downgraded the company's stock. WHAT'S NEW: Gap reported last night that its August comparable sales declined 2%, compared to a 2% increase a year ago in the same month. Gap Global SSS fell 9%, Banana Republic Global SSS fell 2% and Old Navy Global SSS rose 2%. Gap also reported its August net sales were flat compared to last year's $1.23B. WHAT'S NOTABLE: Looking ahead, the company said Gap's August sales performance will likely put pressure on the brand's gross margins in September. ANALYST REACTION: Gap was downgraded to Neutral from Buy at Buckingham this morning following the August comparable sales numbers. Buckingham analysts say they question the previously anticipated 2H14 comp recovery at the core brand and do not see upside to the stock if the flagship brand does not turn positive in the second half. Buckingham expects the stock's multiple to contract back to its historical average until sales improve. The firm still expects full-year 2014 guidance to be achievable as Gap manages expenses and it continues to like operational improvements the company is making in its supply chain and omni-channel initiatives. Until sales improve, Buckingham expects shares to remain range bound near $44 to $46. UBS analysts, on the other hand, say Gap's share weakness presents a buying opportunity. The firm said the miss does not derail the company's ability to show improvement over the second half and does not impact their long-term thesis tied to margin improvement opportunities. PRICE ACTION: Near noon, Gap fell $2.20, or about 5%, to $44.39. OTHERS TO WATCH: Competitors to Gap include American Apparel (APP), American Eagle (AEO), Urban Outfitters (URBN), Express (EXPR), and Abercrombie and Fitch (ANF).
11:43 EDTAEOZumiez sinks as company provides 'disappointing' Q3 outlook
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