New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 25, 2014
12:56 EDTCHS, CWTR, NWY, CACH, ANNCache slips after reporting Q4 losses exceed expectations
Shares of women's sportswear and dress retailer Cache (CACH) are slipping after the company reported a fourth quarter losses that were steeper than expected. WHAT'S NEW: Cache reported a fourth quarter adjusted loss per share of 17c, compared to analysts consensus forecast for 8c loss per share. The company reported fourth quarter revenue of $55.8M, also missing expectations, and said same-store sales declined 5.9% in the quarter. WHAT'S NOTABLE: During the company's fourth quarter earnings conference call, Cache said it remains confident in its strategies and expects to show progress towards improving sales productivity and profitability during FY14. Cache said that while a turnaround was not as quick as it had hoped, the company said that it is still making progress. Still, Cache said the first quarter has been soft. The company said it sees a shift in sales favoring the upcoming second quarter due to the timing of Easter and later school proms. The company said its store closing due to snow storms caused it to operate with 1,800 less shopping hours in February versus last year. PRICE ACTION: During afternoon trading, shares of Cache were down 25c or 6.5% to $3.59. OTHERS TO WATCH: Other mall-based women's apparel retailers include Ann Inc. (ANN), Chico's FAS (CHS), Coldwater Creek (CWTR) and New York & Company (NWY).
News For CACH;ANN;CHS;CWTR;NWY From The Last 14 Days
Check below for free stories on CACH;ANN;CHS;CWTR;NWY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 15, 2014
10:01 EDTNWYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apollo Global (APO) downgraded to Market Perform from Outperform at Wells Fargo... Calavo Growers (CVGW) downgraded to Neutral from Outperform at Wedbush... DaVita (DVA) downgraded to Hold from Buy at Deutsche Bank... Dangdang (DANG) downgraded to Neutral from Outperform at Credit Suisse... Ducommun (DCO) downgraded to Neutral from Buy at DA Davidson... Energy XXI (EXXI) downgraded to Sector Perform from Outperform at Howard Weil... Fifth Street Finance (FSC) downgraded to Neutral from Buy at Gilford Securities... Genetic Technologies (GENE) downgraded to Neutral from Buy at Ladenburg... Harmony Gold (HMY) downgraded to Underweight from Neutral at HSBC... Ignite Restaurant (IRG) downgraded to Neutral from Overweight at Piper Jaffray... JDSU (JDSU) downgraded to Hold from Buy at Argus... K12 (LRN) downgraded to Market Perform from Outperform at Wells Fargo... KKR (KKR) downgraded to Market Perform from Outperform at Wells Fargo... Lexington Realty (LXP) downgraded to Neutral from Buy at Ladenburg... Lithia Motors (LAD) downgraded to Underweight from Equal Weight at Morgan Stanley... New York & Co. (NWY) downgraded to Neutral from Buy at Janney Capital... OCI Partners (OCIP) downgraded to Underweight from Equal Weight at Barclays... OmniVision (OVTI) downgraded to Neutral from Outperform at RW Baird... Smith & Nephew (SNN) downgraded to Equal Weight from Overweight at Morgan Stanley... Subsea 7 (SUBCY) downgraded to Neutral from Buy at Goldman... Tencent (TCEHY) downgraded to Neutral from Overweight at JPMorgan... ViaSat (VSAT) downgraded to Equal Weight from Overweight at Stephens... bebe stores (BEBE) downgraded to Neutral from Buy at Janney Capital.
05:59 EDTNWYNew York & Co. downgraded to Neutral from Buy at Janney Capital
Subscribe for More Information
August 13, 2014
11:15 EDTANNAnn Inc. September volatility elevated into Q2 and outlook
Ann Inc. September call option implied volatility is at 34, December is at 31; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on August 22.
August 11, 2014
16:06 EDTCACHCache reports Q2 EPS (33c), consensus (26c)
Subscribe for More Information
August 8, 2014
10:00 EDTANNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:53 EDTANNAnn Inc. price target lowered to $41 from $46 at Janney Capital
Janney Capital cut its estimates for Ann Inc. after the company issued a revenue warning for Q2 and lowered its fair value estimate on the stock to $41 from $46. The firm maintains its Buy rating on the stock.
06:43 EDTANNAnn Inc. downgraded to Neutral from Buy at UBS
Subscribe for More Information
August 7, 2014
07:49 EDTANNAnn Inc. lowers Q2 rrevenue view to $648M from $670M, consensus $672.43M
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