New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:51 EDTCLF, KORSStocks with call strike movement; CLF KORS
Cliffs Natural (CLF) February 21.5 call option implied volatility decreased 3% to 79, Michael Kors (KORS) February weekly 90 call option implied volatility increased 5% to 80 according to IVolatility.
News For CLF;KORS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 28, 2014
11:02 EDTCLFCliffs Natural jumps 13.9% as earnings conference call continues
Subscribe for More Information
October 27, 2014
16:37 EDTCLFCliffs Natural expects FY15 U.S. iron ore sales 22M tons
Subscribe for More Information
16:36 EDTCLFCliffs Natural reaffirms FY14 U.S. iron ore sales of 22M tons
Subscribe for More Information
16:33 EDTCLFCliffs Natural reports Q3 adjusted EPS 21c, may not compare to consensus (3c)
Subscribe for More Information
16:00 EDTCLFOptions Update; October 27, 2014
iPath S&P 500 VIX Short-Term Futures down 52c to 32.66. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX GILD CLF PBR according to Track Data.
15:34 EDTCLFNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Amgen (AMGN), consensus $2.11; General Growth Properties (GGP), consensus 31c; Avalonbay (AVB), consensus $2.00; Hartford Financial (HIG), consensus 83c; Universal Health Services (UHS), consensus $1.36; XL Group (XL), consensus 63c; Masco (MAS), consensus 32c; Plum Creek Timber (PCL), consensus 30c; T-Mobile US (TMUS), consensus 2c; Cliffs Natural (CLF), consensus (3c); Twitter (TWTR), consensus 1c; American Capital Agency (AGNC), consensus 73c; DDR Corp. (DDR), consensus 30c; PartnerRe (PRE), consensus $3.66; Owens & Minor (OMI), consensus 47c; Manitowoc (MTW), consensus 42c; Compass Minerals (CMP), consensus 78c; Allison Transmission (ALSN), consensus 30c; Regal Entertainment (RGC), consensus 17c.
13:06 EDTCLFCliffs Natural volatility elevated into Q3 and outlook
Subscribe for More Information
11:30 EDTCLFCliffs Natural turnaround hampered by low iron ore prices, Bloomberg says
Lower iron ore prices are derailing Cliffs Natural's turnaround plans, says Bloomberg. Activist investor Casablanca Capital has been urging Cliffs Natural Resources to spin off or sell foreign mines and return more cash to investors but with iron ore prices at such a low level it may be difficult to sell mines at a satisfactory price or even maintain its current payout, added Bloomberg. Reference Link
07:13 EDTKORSMichael Kors Q2 earnings could beat by 5c-7c, says Piper Jaffray
Subscribe for More Information
October 24, 2014
06:15 EDTCLFCliffs Natural implied volatility of 106 at upper end of index mean range
Subscribe for More Information
October 22, 2014
16:00 EDTCLFOptions Update; October 23, 2014
Subscribe for More Information
14:30 EDTCLFCliffs Natural volatility elevated on wide price movement into Q3 and outlook
Subscribe for More Information
08:04 EDTCLFCliffs Natural short side risks have increased, says Credit Suisse
Credit Suisse said risks to the short trade in Cliffs Natural have increased. The analyst rates shares an Underperform with a $10 price target but is bullish into next weeks earnings report given the size of cost cutting efforts, that could be worth $300M in EBITDA, and likely to surprise investors. Longer-term, the Credit Suisse remains cautious on shares.
October 20, 2014
13:10 EDTKORSSteve Madden tumbles after providing preliminary Q3 results, FY14 outlook
Shares of shoe and accessory company Steve Madden (SHOO) are tumbling after the company announced preliminary third quarter results that were below analysts' consensus along with a reduction to its fiscal year 2014 outlook. WHAT'S NEW: Steve Madden announced that it is anticipating Q3 earnings per share to be approximately 61c-62c and net sales of $392M, below analysts' consensus estimates of 67c and $415.72M, respectively. The company noted that retail comparable store sales for the quarter are anticipated to be down 7.4%. Steve Madden also reduced its FY14 EPS outlook to $1.81-$1.86 from $2.00-$2.10, well below analysts' $2.02 consensus. The company lowered its net sales projection for the year, and now sees net sales up 1%-2% over fiscal year 2013 versus its previous net sales guidance for up 2%-4% over FY13. The new guidance factors in the recent acquisition of Dolce Vita and current expectations for remainder of the year. On August 14, Steve madden acquired Dolce Vita for $60.3M in cash and previously said the deal would be accretive to earnings in FY14 by 2c-3c and be "modestly accretive" in FY15. WHAT'S NOTABLE: Steve Madden's Chief Executive Officer Edward Rosenfeld said that the company's Q3 earnings were "disappointing" and were the result of weaker than expected retail segment performance. He believes that retail trends in the footwear space will continue to be difficult through the fourth quarter due to a lack of noteworthy fashion trends in the industry. The CEO said that the company's full-year guidance results from this pattern, along with a lowered reorder outlook in its wholesale segment. Rosenfeld is still confident, however, in the company's business model and believes that its acquisitions of Dolce Vita and its Mexican licensee will fuel the business forward over the long term. OTHERS TO WATCH: Competitors of Steve Madden include Michael Kors (KORS), Coach (COH), Kate Spade (KATE), and Vera Bradley. PRICE ACTION: During afternoon trading, shares of Steve Madden fell $2.62 or 8.2%, to $29.32. Over the last twelve months, the stock has fallen over 15%.
09:22 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
06:15 EDTCLFCliffs Natural downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Cliffs Natural to Sell saying the covenant breach and asset writedowns could force the company to cut or eliminate its dividend and stock buyback program. Citi also believes iron ore prices are unlikely to average well above $80/tonne over the next couple of years. The firm lowered its price target for Cliffs shares to $5 from $16.
October 17, 2014
16:01 EDTCLFOptions Update; October 17, 2014
iPath S&P 500 VIX Short-Term Futures down 1.75 to 38.58 Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX GILD CLF PBR according to Track Data.
09:17 EDTCLFOn The Fly: Pre-market Movers
Subscribe for More Information
08:48 EDTCLFBofA/Merrill global steel analysts hold analyst/industry conference call
Subscribe for More Information
06:09 EDTCLFCliffs Natural expects to record non-cash impairment of about $6B in Q3
Subscribe for More Information
1 | 2 | all recent news | >>

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