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Stock Market & Financial Investment News

News Breaks
February 22, 2013
08:27 EDTANFAbercrombie & Fitch sees Q1 'slight EPS loss', consensus 16c
The company sees a "slight EPS loss" in Q1, compared to a restated loss of (25c) under the cost method in the prior year quarter. Abercrombie sees a high single digit decrease in Q1 comparable sales. Sees strong gross margin rate improvement in Q1, largely offset by expense deleveraging on negative comp. store sales. Comments from slides for Q4 earnings conference call.
News For ANF From The Last 14 Days
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October 24, 2014
09:18 EDTANFOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Microsoft (MSFT), up 4.3%... KLA-Tencor (KLAC), up 8.8%... Rubicon Project (RUBI), up 17.8%... Gigamon (GIMO), up 16%. ALSO HIGHER: Procter & Gamble (PG), up 2.7% after earning report, announcing plans to exit Duracell business by creating a stand-alone Duracell company... Vitae Pharmaceuticals (VTAE), up 40% following its report of top-line results from two Phase 1 clinical trials... Digital River (DRIV), up 47% after agreeing to be acquired by investor group for $26.00 per share. LOWER: Amazon (AMZN), down 9.3%, downgraded at Cowen and Janney Capital following the company's Q3 report... DryShips (DRYS), down 26% after filing an automatic common stock shelf... NPS Pharmaceuticals (NPSP), down 4.4% following PDUFA date for Natpara extended three months to January 24... Abercrombie & Fitch (ANF), down 4% after downgraded at Goldman and BMO Capital. DOWN AFTER EARNINGS: Pandora (P), down 7%... Synaptics (SYNA), down 9.9%... Flowserve (FLS), down 5%... New Oriental Education (EDU), down 4%.
09:13 EDTANFAbercrombie & Fitch downgraded to Market Perform at BMO Capital
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06:45 EDTANFAbercrombie & Fitch downgraded to Market Perform from Outperform at BMO Capital
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06:38 EDTANFAbercrombie & Fitch downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded Abercrombie & Fitch to Sell saying the company could miss consensus expectations due to weakness in Europe, negative same store sales growth in the U.S. and unfavorable currency movements. Goldman lowered its price target for shares to $27 from $34.
October 17, 2014
10:43 EDTANFUrban Outfitters slumps after warning on continued retail sales weakness
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October 16, 2014
17:10 EDTANFAbercrombie & Fitch, American Eagle lower after Urban Outfitters warns on sales
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