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Stock Market & Financial Investment News

News Breaks
May 19, 2014
10:48 EDTFOSL, SA, RAX, TCS, ARNAOptions with decreasing implied volatility: ARNA RAX FOSL TCS SA
News For ARNA;RAX;FOSL;TCS;SA From The Last 14 Days
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August 27, 2015
15:18 EDTFOSLMovado spikes after reporting Q2 results, backing FY16 guidance
Movado Group (MOV), which designs, sources, markets and distributes watches, is trading sharply higher after reporting better than expected second quarter earnings and revenue, as well as backing its fiscal 2016 guidance. WHAT'S NEW: Movado reported Q2 earnings per share of 50c against a consensus of 42c, and Q2 revenue of $145.6M against a consensus of $142.25M. The company also backed its FY16 EPS view of $2.00-$2.10 against a consensus of $2.05, and backed its FY16 revenue view of $590M-$600M against a consensus of $593.13M. Movado said it anticipates recording the remainder of the previously announced $3M-$4M pre-tax charge related to operating efficiency initiatives by the end of FY16, which is excluded from its guidance. ANALYST RESEARCH: On August 25, Barrington Research released an earnings preview that advised staying "on the sidelines" with Movado, forecasting the company's EPS at 40c and its revenue at $144.3M. The firm, which had rated Movado at Market Perform, correctly predicted the company would maintain its guidance. PRICE ACTION: In late afternoon trading, Movado is higher by $3.93, or 17.6%, to $26.25. PEERS: Competitor Fossil Group (FOSL) is trading higher by 2.6%.
August 26, 2015
08:05 EDTSASeabridge Gold confirms major deposit extension at KSM in British Columbia
Seabridge Gold announced that this year's first drill results from the Deep Kerr deposit at its 100% owned KSM Project in northwestern British Columbia have confirmed a substantial expansion of the deposit in an area being evaluated for low cost, underground block cave mining. Hole K-15-49 intercepted 483 meters averaging 0.43 g/T gold and 0.56% copper including a 250 meter interval grading 0.49 g/T gold and 0.70% copper. A follow-up daughter hole, K-15-49A, is now in progress to test the mineralized zone between these two intersections. The results are expected to increase resources.
August 24, 2015
09:49 EDTFOSLFitbit being sold at Macy's seen as near-term catalyst
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08:23 EDTTCSContainer Store top initiatives gaining momentum, says JPMorgan
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August 20, 2015
10:00 EDTFOSL, TCSOn The Fly: Analyst Upgrade Summary
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07:32 EDTTCSContainer Store upgraded to Hold from Underweight at BB&T
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06:55 EDTFOSLFossil upgraded to Sector Weight from Underweight at KeyBanc
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August 18, 2015
10:13 EDTFOSLOptions with decreasing implied volatility
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August 17, 2015
10:21 EDTRAX, FOSLOptions with decreasing implied volatility
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