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Stock Market & Financial Investment News

News Breaks
January 7, 2013
09:06 EDTFINLFinish Line likely to be dead money for some time, says Sterne Agee
Sterne Agee believes that Finish Line's attempt to revitalize its stores and online platform has been disastrous. The firm thinks the company's alliance with Macy's (M) faces major challenges, and it maintains a Neutral rating on Finish Line.
News For FINL From The Last 14 Days
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May 24, 2013
12:01 EDTFINLFootwear shares slip after Foot Locker says sales flat this month
A number of footwear stocks are retreating after footwear retailer Foot Locker (FL) said its comparative sales were unchanged so far this month. WHAT'S NEW: Foot Locker reported slightly stronger than expected first quarter results earlier today, but stated that its sales at comparative stores were approximately flat so far this month, versus the same period in 2012. However, the retailer added that its comparative sales growth should accelerate in coming weeks. Moreover, Foot Locker stated that it continues to expect its sales to increase by mid single digit percentage levels this year. TODAY'S PRICE ACTION: In late morning trading, other footwear retailers dropped, with Finish Line (FINL) declining 2.3% to $21.10 and DSW (DSW) giving back 1.6% to $68.80. Nike (NKE) dropped 1.5% to $62.35, and Foot Locker slid 7% to $33.25.
May 14, 2013
08:06 EDTFINLBofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am.

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