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Stock Market & Financial Investment News

News Breaks
January 13, 2014
04:55 EDTCBK, CBK, BBRG, BBRG, AFCE, AFCE, SONC, SONC, LB, LB, ASNA, ASNA, DFRG, DFRG, FOXF, FOXF, GES, GESPiper Jaffray to hold meeting at ICR XChange 2014
Company Meetings at ICR XChange 2014 are being held in Orlando on January 12-14.
News For CBK;BBRG;AFCE;SONC;LB;ASNA;DFRG;FOXF;GES From The Last 14 Days
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February 4, 2016
14:53 EDTLBL Brands pullback a buying opportunity, says Morgan Stanley
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09:18 EDTLBOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Glu Mobile (GLUU), up 21.9%... Solaredge Technologies (SEDG), up 11.2%... Cadence Design (CDNS), up 6.6%. ALSO HIGHER: VirnetX Holding (VHC), up 91.7% after the company won a $625.6M verdict in favor of in a patent infringement lawsuit against Apple (AAPL)... Viacom (VIAB), up 5.1% after CNBC's David Faber reported that sources said CEO Philippe Dauman is likely to be named Chairman despite objections from Shari Redstone. DOWN AFTER EARNINGS: GoPro (GPRO), down 16.4%... ConocoPhillips (COP), down 2.9%... Dunkin Brands (DNKN), down 2.1%... Philip Morris (PM), down 3.2%. ALSO LOWER: L Brands (LB), down 3.3% after providing Q4 guidance, reporting January Same-Store Sales were down 2%... MannKind (MNKD), down 8.1% after Piper Jaffray analyst Joshua Schimmer calls the company a penny stock with a mid-cap valuation.
07:56 EDTSONCSONIC, Keurig Green Mountain announce coffee partnership
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07:21 EDTLBL Brands reports January SSS down 2%
L Brands said net sales for the four-week period ended Jan. 30 were $811.3M, an increase of 4% from last year. Comparable store sales for the four weeks ended Jan. 30 decreased 2%. January sales results were negatively impacted by a timing shift in the Victoria's Secret semi-annual sale into December, the company said. Absent the estimated impact of this timing shift, total company comps would have increased 1% in January.
07:19 EDTLBL Brands boosts share repurchase program to $500M
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07:19 EDTLBL Brands raises annual dividend by 20%, declares special dividend of $2.00
L Brands is increasing its annual ordinary dividend by 20%, to $2.40 per share from $2.00 per share. In addition, the company announced a special dividend of $2.00 per share. The quarterly ordinary dividend of 60c per share and the $2.00 special dividend will be paid on March 4, to shareholders of record on Feb. 19. The company said, "We achieved our best year ever in 2015. I am very appreciative of the focus on our customers, the excellent execution and teamwork across the enterprise that drove this result. The dividend and share repurchase actions announced today reflect confidence in our growth opportunities and commitment to delivering shareholder value.:
07:17 EDTLBL Brands sees Q4 EPS about $2.05, consensus $2.00
Reports Q4 revenue $4.395B, consensus $4.37B. Comparable store sales for the Q4 ended Jan. 30, 2016, increased 6%.
January 29, 2016
17:02 EDTLBL Brands files automatic mixed securities shelf
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11:54 EDTGESGuess to implement program to eliminate angora fiber
The company noted, "During 2015, while developing our sustainability practices and publishing our first sustainability report, GUESS evaluated our practices related to the use of angora fibers. As a result of this process, GUESS is implementing a program to eliminate angora fiber from our future collections available in retail stores worldwide." GUESS CEO, Victor Herrero stated, "While in the past, GUESS has worked to ensure the minimal amount of angora used was ethically sourced, we feel the decision to eliminate angora moving forward is just the right thing to do."
10:05 EDTGESGuess says angora fiber 'should not be used' in production of any product
Guess?, Inc. announces that during 2015, while developing our sustainability practices and publishing its first sustainability report, it evaluated our policy related to the use of angora fiber. The company comments: "Effective immediately, angora fiber should not be used in the production of any product going forward or contained in any private label products. This pertains to promotional items as well."
January 25, 2016
16:11 EDTCBKMacellum Retail Opportunity Fund reports 7.3% stake in Christopher & Banks
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