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Stock Market & Financial Investment News

News Breaks
November 30, 2012
10:25 EDTBDE, BDE, BDE, ZQK, ZQK, ZQK, VFC, VFC, VFC, SKUL, SKUL, SKUL, PSUN, PSUN, PSUN, LULU, LULU, LULU, JAH, JAH, JAH, HBI, HBI, HBI, GIL, GIL, GIL, ELY, ELY, ELY, ZUMZ, ZUMZ, ZUMZDA Davidson's active lifestyle analyst holds a conference call
Active Lifestyle Analyst Burns provides an industry update and outlook on an Analyst/Industry conference call. Relevant covered companies BDE, ELY, GIL, HBI, JAH, LULU, PSUN, SKUL, VFC, ZQK and ZUMZ may be included on the Analyst/Industry conference call to be held on December 3 at 11 am.
News For BDE;ELY;GIL;HBI;JAH;LULU;PSUN;SKUL;VFC;ZQK;ZUMZ From The Last 14 Days
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April 16, 2015
10:00 EDTBDEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Underweight from Neutral at JPMorgan... Alcatel-Lucent (ALU) downgraded to Buy from Conviction Buy at Goldman... Anglo American (AAUKY) downgraded to Sell from Neutral at Goldman... BAE Systems (BAESY) downgraded to Neutral from Buy at UBS... BHP Billiton (BHP) downgraded to Neutral from Conviction Buy at Goldman... Black Diamond (BDE) downgraded on valuation at Stifel... Boston Private Financial (BPFH) downgraded to Hold from Buy at Sandler O'Neill... Columbus McKinnon (CMCO) downgraded to Neutral from Buy at CL King... CoreSite Realty (COR) downgraded to Hold from Buy at Evercore ISI... Meggitt (MEGGF) downgraded to Sell from Neutral at UBS... Methanex (MEOH) downgraded to Sector Perform from Outperform at Scotia Capital... Nokia (NOK) downgraded to Neutral from Buy at Citigroup... SanDisk (SNDK) downgraded to Sell from Neutral at BTIG... Thomson Reuters (TRI) downgraded to Sector Perform from Outperform at RBC Capital... Turquoise Hill (TRQ) downgraded to Hold from Speculative Buy at TD Securities... Washington Federal (WAFD) downgraded to Neutral from Buy at DA Davidson.
07:35 EDTBDEBlack Diamond downgraded on valuation at Stifel
As noted earlier, Stifel downgraded Black Diamond to Hold from Buy. The firm downgraded the stock on valuation, as it believes that the shares fully reflect an optimistic takeover price for the company after it said it would explore strategic alternatives.
07:06 EDTELYCallaway Golf price target raised to $16 from $14 at KeyBanc
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06:54 EDTBDEBlack Diamond downgraded to Hold from Buy at Stifel
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April 15, 2015
16:18 EDTELYCallaway Golf appoints Robert Julian As CFO
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April 13, 2015
08:32 EDTELYUnder Armour rises after Spieth brings attention to golf gear
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April 10, 2015
08:26 EDTHBIHanesbrands price target raised to $38 from $32.50 at Credit Suisse
Credit Suisse raised Outperform rated Hanesbrands price target to $38 to reflect the Knights Apparel acquisition and shifting market multiples.
April 9, 2015
10:00 EDTZUMZOn The Fly: Analyst Downgrade Summary
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07:50 EDTZUMZZumiez downgraded to Hold from Buy at BB&T
BB&T downgraded Zumiez to Hold based on decelerating sales trends following yesterday's release of March comps that increased 5.5%, below the firm's estimate of 6.9%.
April 8, 2015
16:01 EDTZUMZZumiez reports March SSS up 5.5%
Zumiez announced that total net sales for the five-week period ended April 4 increased 11.1% to $70.7M, compared to $63.6M for the five-week period ended April 5, 2014. The company's comparable sales increased 5.5% for the five-week period compared to a comparable sales decrease of 2.9% in the year ago period.
10:01 EDTLULUOn The Fly: Analyst Upgrade Summary
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09:27 EDTLULUlululemon rises moderately after upgrade, levels to watch
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09:20 EDTLULUOn The Fly: Pre-market Movers
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09:06 EDTLULUlululemon CFO, products leave favorable impression, says BB&T
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08:31 EDTHBIHanesbrands completes acquisition of Knights Apparel
HanesBrands has completed the acquisition of Knights Apparel, a seller of licensed collegiate logo apparel in the mass retail channel. The acquisition from Merit Capital Partners closed as expected on April 6 with the all-cash transaction valuing Knights at approximately $200M on an enterprise basis. Hanes will discuss the expected acquisition-related expenses and sales and profit contributions for 2015 on its first-quarter 2015 investor conference call anticipated to be held in late April. With the addition of Knights, Hanes expects annualized sales of licensed and graphic apparel of more than $450M with significant growth potential for college licensed brands. Hanes funded the acquisition with cash on hand and short-term borrowings on its revolving credit facility.
07:44 EDTLULUlululemon upgraded at Sterne Agee
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06:29 EDTLULUlululemon upgraded to Buy from Neutral at Sterne Agee
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April 7, 2015
14:27 EDTLULUlululemon CFO impressive in meeting, says KeyBanc
KeyBanc said it was impressed by new lululemon CFO Stuart Haselden in a recent meeting and the firm believes his operational and financial experience should help the company keep improving its operations. The firm repeated that it views lululemon as one of the best product turnaround opportunities within its coverage and it maintains an Overweight rating on the stock.
10:05 EDTELYOn The Fly: Analyst Initiation Summary
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06:10 EDTELYCallaway Golf initiated with a Neutral at SunTrust
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