New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2014
10:56 EDTWTW, AFSI, ANGI, FOSL, AVPOptions with decreasing implied volatility: AVP ANGI WTW FOSL AFSI
News For AVP;ANGI;WTW;FOSL;AFSI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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 25, 2015
07:59 EDTAFSIAmTrust management to meet with William Blair
Subscribe for More Information
August 24, 2015
17:10 EDTANGITCS Capital Management raises stake in Angie's List to 9.0% from 6.5%
Subscribe for More Information
09:49 EDTFOSLFitbit being sold at Macy's seen as near-term catalyst
Subscribe for More Information
August 20, 2015
12:57 EDTWTWWeight Watchers management to meet with Craig-Hallum
Meeting to be held in Chicago on August 25 hosted by Craig-Hallum.
10:00 EDTFOSLOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:55 EDTFOSLFossil upgraded to Sector Weight from Underweight at KeyBanc
Subscribe for More Information
August 19, 2015
10:00 EDTWTWOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:48 EDTWTWWeight Watchers upgraded to Equal Weight on valuation at Morgan Stanley
Subscribe for More Information
06:11 EDTWTWWeight Watchers upgraded to Equal Weight from Underweight at Morgan Stanley
August 18, 2015
10:13 EDTFOSLOptions with decreasing implied volatility
Subscribe for More Information
August 17, 2015
13:11 EDTANGIAlibaba unlikely to make competing offer for zulily, say Baird
zulily (ZU) shareholder Alibaba (BABA) is unlikely to make a competing takeover bid for the online retailer, Baird analyst Colin Sebastian tells investors in a research note. Alibaba, which upped its stake in zulily to 9% in May, likely views the company as an investment rather than a vehicle to enter the U.S. market, Sebastian argues. This morning, Liberty Interactive (QVCA) announced it had reached an agreement to acquire zulily for $18.75 per share or $2.4B. The analyst sees strategic benefits from the deal. Increased takeover activity in the small-cap internet space could support the valuations of the remaining independents, including ChannelAdvisor (ECOM), Yelp (YELP), Groupon (GRPN), Angie's List (ANGI) and RetailMeNot (SALE), Sebastian writes. Shares of zulily are soaring 47% to $18.50 following the takeover agreement.
10:21 EDTFOSLOptions with decreasing implied volatility
Subscribe for More Information
August 14, 2015
10:24 EDTFOSLOptions with decreasing implied volatility
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use