New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2014
06:03 EDTCMG, UAStocks with implied volatility below IV index mean; CMG UA
Stocks with implied volatility below IV index mean; Chipotle (CMG) 24, Under Armour (UA) 33 according to iVolatility.
News For CMG;UA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 >>
November 20, 2015
14:54 EDTCMGChipotle shares plunge, levels to watch
Subscribe for More Information
14:37 EDTCMGChipotle says working closely with officials on E. coli issue, Bloomberg reports
Subscribe for More Information
14:34 EDTCMGChipotle options active after CDC says three states added to E. coli outbreak
Subscribe for More Information
14:27 EDTCMGChipotle drops after CDC says three states added to E.coli outbreak
Three additional states have reported people infected with the outbreak strain of Shiga toxin-producing Escherichia coli O26 infections linked to Chipotle Mexican Grill restaurants, the Center for Disease Control announced. 45 people infected with the outbreak strain of STEC O26 have now been reported from a total of 6 states: two in California, two in Minnesota, one in New York, one in Ohio, thirteen in Oregon, and twenty-six in Washington, the CDC said. Shares of Chipotle are down over 6% to $572.19 in afternoon trading following the CDC's update.
14:23 EDTCMGChipotle falls over 5% following CDC report on E. Coli outbreak
Subscribe for More Information
09:36 EDTUANike, not Under Armour, should buy lululemon, dealReporter says
Lululemon (LULU) gained 3.6% yesterday, which dealReporter credits to "unsubstantiated rumors" that Under Armour (UA) was planning to make a $62 per share takeover bid. Given the differences in their branding, marketing, and culture, dealReporter said it is not sure such a deal would be a good fit, but added that it believes Nike (NKE) is in the "right position at the right time" to make such an acquisition of lululemon work, contacts tell The Fly.
November 18, 2015
07:28 EDTUAUnder Armour sell-off on Dick's Sporting worries overdone, says SunTrust
November 17, 2015
10:01 EDTUAUnder Armour, Nike slide after Dick's outlook misses expectations
Shares of Under Armour (UA) and Nike (NKE) slipped after Dick's Sporting Goods (DKS) provided guidance for the fourth quarter and fiscal 2015 that both missed consensus estimates. WHAT'S NEW: Dick's Sporting Goods reported Q3 adjusted earnings per share of 45c on revenue of $1.64B, mostly in-line with analyst estimates of 47c on revenues of $1.64B. The company guided for Q4 EPS of $1.10-$1.25, short of the consensus estimate of $1.43. Dick's also said it anticipates FY15 adjusted EPS of $2.85-$3.00, lower than current analyst expectations of $3.19. STREET RESEARCH: Following the report, Baird analyst Justin Kleber said that Dick's Sporting Goods is the "strongest player" in its segment, which should enable the company to grow its sector-leading 10% market share at the expense of smaller competitors. The analyst added that profitability for the company should improve as volumes increase and as the company leverages its store base to fulfill further orders. Kleber said that Dick's Sporting Goods' e-commerce business will be more profitable than its brick-and-mortar business by 2017. The analyst maintained a Neutral rating and $48 price target on Dick's Sporting Goods' stock. PRICE ACTION: In morning trading, Dick's Sporting Goods dropped 17.5% to $33.67, while supplier Under Armour fell 5.6% to $84.95 and Nike was down 2% to $121.08. Dick's peers fell as well, with Finish Line (FINL) dropping 1%, Foot Locker (FL) slid 1.3% and Cabela's (CAB) dipping marginally in morning trading.
November 16, 2015
08:28 EDTCMGChipotle comps likely to fall in Q4, 1Q16, says Bernstein
Subscribe for More Information
November 13, 2015
11:45 EDTCMGEl Pollo LoCo sinks to 52-week low after cutting FY15 same store sales guidance
Shares of quick-service restaurant operator El Pollo LoCo (LOCO) are plunging after the company cut its fiscal 2015 same-store sales outlook and narrowed its fiscal 2015 profit view. WHAT'S NEW: Thursday night after the close, El Pollo LoCo reported third quarter adjusted earnings per share of 18c, beating analysts' consensus estimates of 15c, and revenue of $88.9M, missing the consensus of $90.4M. For the quarter, system wide SSS increased 0.6%, company owned SSS were flat, franchise SSS rose 1.1%, and adjusted EBITDA increased 9.9% to $16.6M. Chief Executive Officer Steve Sather noted that Q3 results represented the company's 17th consecutive quarter of system-wide comparable restaurant sales growth as well as pro forma net income growth of over 40%. He added that the company's new restaurant pipeline was, "strong and growing stronger." GUIDANCE: Looking ahead, El Pollo LoCo cut its FY15 system-wide comparable restaurant sales growth view to approximately 1.7% from 3%. It also lowered its outlook for openings of new company-owned restaurants to 13-15 from 16, and openings of new franchised restaurants to 5 from 8. FY15 adjusted EBTIDA guidance was cut to $64M-$66M from $65M-$67M. Due to the revised assumptions, the company narrowed its FY15 pro forma diluted EPS view to 67c-69c from 67c-71c, compared to the consensus of 68c. ANALYST REACTION: Research firm Baird downgraded El Pollo Loco to Neutral from Outperform to reflect reduced visibility, uncertain comps outlook and possible downward bias to earnings if top-line trends do not improve. Baird lowered its price target to $12 from $18 on El Pollo Loco shares. PRICE ACTION: In late morning trading, El Pollo Loco fell $1.30, or about 11.25%, to $10.22 on nearly four times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $9.58. Over the past 12 months, the stock is down approximately 70%. OTHERS TO WATCH: Other quick-service restaurants include Fiesta Restaurant (FRGI), down 2.5%, Chipotle Mexican Grill (CMG), down 2.7%, Del Taco (TACO), down 2.15%, Popeyes Louisiana Kitchen (PLKI), down 1.3%, and Bojangles (BOJA), down fractionally.
11:33 EDTCMGStocks with call strike movement; CBS CMG
Subscribe for More Information
10:49 EDTCMGChipotle breaks back below $600 on lower consumer brand perception
Subscribe for More Information
06:36 EDTCMGChipotle hits lowest consumer perception since 2007, CNBC reports
Subscribe for More Information
November 12, 2015
18:48 EDTCMGMcDonald's CEO: Pace of change had slowed within company, NYT reports
Subscribe for More Information
November 11, 2015
17:07 EDTUAUnder Armour CEO upbeat on state of consumer
Subscribe for More Information
November 10, 2015
09:32 EDTUAUnder Armour names Kip Fulks as acting Chief Marketing Officer
Subscribe for More Information
09:03 EDTCMGChipotle: Health officials conclude there is no ongoing risk from incident
Subscribe for More Information
09:03 EDTCMGChipotle to reopen all 43 resturants in the Seattle, Portland markets
Chipotle Mexican Grill will reopen all 43 restaurants in the Seattle and Portland, Ore. markets that the company voluntarily closed. The restaurants are opening in the coming days with a fresh supply of all new ingredients. Health officials have concluded that there is no ongoing risk from this incident. Chipotle has taken important steps to make certain that their food is as safe as it can be, including: Conducting additional deep cleaning and sanitization in all its restaurants nationwide. Replacing all ingredients in the closed restaurants. Confirming that none of its employees in these restaurants had E. coli. Note: No Chipotle employees have had E. coli stemming from this incident. Working with health officials to improve food handling procedures. Testing fresh produce, raw meat, and dairy items prior to restocking restaurants. Going above and beyond required testing, and enhancing nationwide testing of produce and fresh meat. Testing food, restaurant surfaces, and equipment in its restaurants -- to date, Chipotle has received nearly 900 test results, all of which showed no E. coli. Implementing additional safety procedures, and audits, in all of its 2,000 restaurants to ensure that robust food safety standards are in place. Details surrounding the investigation include: The most recent reported date that a meal was served that may be linked with this incident is October 24. Incubation period for E. coli is typically three to four days after exposure, but may be as short as one day or as long as 10 days, according to the Centers for Disease Control and Prevention. Eleven Chipotle restaurants, including six restaurants in Oregon and five in Washington have been linked to this incident by the health departments. Out of an abundance of caution, Chipotle voluntarily closed 43 restaurants in Oregon and Washington. No Chipotle locations outside of Oregon and Washington have been connected to this issue in any way.
09:02 EDTCMGChipotle to reopen all 43 resturants in the Seattle, Portland markets
06:12 EDTCMGChipotle could reopen locations in Washington, Oregon Wednesday, Reuters says
Subscribe for More Information
1 | 2 | 3 >>

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