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Stock Market & Financial Investment News

News Breaks
December 27, 2012
14:14 EDTDECKDeckers rises 8% amid speculation of better UGG sales, possible short covering
Shares of Deckers Outdoor (DECK), which are down about 50% year-to-date, are up about 8% to $37.70 in afternoon trading, with the move higher possibly related to investors covering their short positions. Some market participants have also speculated that recent cold weather and promotional activity may have helped sales of UGG boots.
News For DECK From The Last 14 Days
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January 21, 2015
07:50 EDTDECKDeckers Outdoor weakness a buying opportunity, says Canaccord
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06:13 EDTDECKDeckers Outdoor recent pullback overdone, says Citigroup
Citigroup views the 18% pullback in shares of Deckers Outdoor since mid-December as overdone. Citi continues to believe UGG is better positioned versus fashion footwear peers. It lowered its price target for shares to $95 from $105 to reflect reduced multiples in the space as well as currency headwinds. Citi keeps a Buy rating on Deckers.
05:05 EDTDECKDeckers Outdoor appoints David Lafitte as COO
Deckers Brands announced the appointment of David Lafitte to COO, effective February 2. Lafitte previously served as the company's general counsel. He replaces Zohar Ziv, who retired from the company on January 16.
January 20, 2015
11:23 EDTDECKFollow-up: Deckers Outdoor downgraded at Buckingham
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11:16 EDTDECKDeckers Outdoor downgraded to Neutral from Buy at Buckingham
10:47 EDTDECKDeckers Outdoor down 5.3% to $81.88
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