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January 30, 2013
06:01 EDTFIVEFive Below 11.315M share Secondary priced at $35.65
The deal size was increased to 11.315M shares from 10.315M shares. Goldman, Barclays and Jefferies acted as joint book running managers for the offering.
News For FIVE From The Last 14 Days
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September 3, 2015
16:27 EDTFIVEOn The Fly: Top stock stories for Thursday
Stocks on Wall Street began the session in positive territory thanks in part to dovish comments from the ECB. The averages were helped as well by the fact that the Chinese stock market, the source of so much volatility recently, was closed. The lack of distraction allowed buyers to be empowered and to extend the market's gains from yesterday. By noon, the averages had pared their gains, with the Nasdaq eventually crossing into negative territory. The average drifted near the flatline from there, as investors positioned ahead of tomorrow's jobs report. ECONOMIC EVENTS: In the U.S., initial jobless claims rose to 282,000 in the week ended August 29, versus expectations for 275,000 first-time claims. The trade balance report showed a deficit of $41.86B for July, versus expectations for a deficit of $42.2B. Markit's services PMI rose to 56.1 for the final August print, versus July's 55.7 and the 55.2 preliminary August reading. ISM's non-manufacturing index dipped to 59.0 in August, but that topped expectations for a reading of 58.2. In Europe, the European Central Bank left its benchmark interest rate unchanged, as expected, and economists at the bank trimmed their eurozone growth projections for this year and through 2017. ECB president Mario Draghi said the bank needs to determine if the recent global volatility is transitory before it decides "whether to do more or not," but also emphasized the bank's "willingness to act, its readiness to act and its ability to act." In Asia, Chinese markets were closed today and will be closed tomorrow for a holiday. COMPANY NEWS: Shares of Joy Global (JOY) plummeted $3.24, or 14.64%, to $18.89 following the company's report of lower than expected quarterly earnings and revenue. Joy's warnings about "one of the most challenging [end market environments] seen in decades" come as mining equipment makers like Caterpillar (CAT), Terex (TEX), and Joy grapple with low commodity prices leading to significantly reduced capital expenditures at mining firms. Shares of Dow member Caterpillar were the worst performer on the blue chip index, slipping 2.17% to $74.45 after Joy said ongoing challenges in commodity markets, along with slowing global economic growth, have "weighed on [its] customers' financial position and [its] incoming order rates." MAJOR MOVERS: Among the notable gainers was B&G Foods (BGS), which advanced $3.55, or 11.66%, to $34.00 after agreeing to purchase the Green Giant and Le Sueur vegetables brands from General Mills (GIS) for roughly $765M. Also higher was Pericom Semiconductor (PSEM), which gained $4.58, or 37.6%, to $16.76 after Diodes (DIOD) agreed to acquire the company for $17 per share. Shares of Diodes were also driven higher after the news, rising 11.8% to $21.89. Additionally, Methode Electronics (MEI) surged $5.43, or 19.82%, to $32.82 after releasing first quarter results and announcing a $100M share repurchase program. Among the noteworthy losers was World Acceptance (WRLD), which declined $2.21, or 5.95%, to $34.92 after Kase Capital's Whitney Tilson reiterated his belief that the stock is going to zero, as reported by ValueWalk. Also lower were Catalent (CTLT) and Five Below (FIVE), which dropped a respective 9.6% and 9.3% following their earnings reports. INDEXES: The Dow added 23.38, or 0.14%, to 16,374.76, the Nasdaq slid 16.48, or 0.35%, to 4,733.50, and the S&P 500 advanced 2.27, or 0.12%, to 1,951.13.
12:23 EDTFIVEOn The Fly: Top stock stories at midday
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11:43 EDTFIVEFive Below sinks after comparable sales growth misses expectations
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09:46 EDTFIVEFive Below drops after results
The shares are down over 10% to $34.14 following a weaker than expected earnings report after the bell yesterday. At current price next support is at $33.25. Resistance is at $34.92.
09:22 EDTFIVEOn The Fly: Pre-market Movers
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08:43 EDTFIVEFive Below recommended on recent weakness at MKM Partners
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08:05 EDTFIVEFive Below likely to be weak on Q2 comp miss, says Jefferies
Jefferies analyst Daniel Binder believes shares of Five Below are likely to be weak today after the company's same-store sales missed expectations in Q2. "Growing pains can be frustrating," Binder tells investors in post-earnings research note titled "Left Some Sales on the Table in Q2." The analyst, however, is "encouraged by a solid sales rebound in July." He keeps a Buy rating on Five Below with a $48 price target.
08:03 EDTFIVEFive Below bull thesis remain intact, says Susquehanna
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September 2, 2015
18:39 EDTFIVEOn The Fly: After Hours Movers
UP AFTER EARNINGS: SeaChange (SEAC), up 4.5%... Planet Fitness (PLNT), up 7.1%. ALSO HIGHER: Geron (GERN), up 19.7% after publishing two papers in The New England Journal of Medicine... Lannett (LCI), up 16.6% after announcing that it will acquire Kremers Urban. DOWN AFTER EARNINGS: Five Below (FIVE), down 9.3%... Verint Systems (VRNT), down 6.1%... Catalent (CTLT), down 4.9%.
16:12 EDTFIVEFive Below drops $3.53 to $34.28 after Q2 earnings report
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16:07 EDTFIVEFive Below sees FY15 EPS $1.03-$1.06, consensus $1.05
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16:06 EDTFIVEFive Below sees Q3 EPS 6c-7c, consensus 8c
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16:05 EDTFIVEFive Below reports Q2 EPS 13c, consensus 13c
Reports Q2 revenue $182.2M, consensus $184.69M. Comparable store sales increased by 3.0%.
14:50 EDTFIVENotable companies reporting after market close
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12:06 EDTFIVEFive Below volatility increases into Q2 and outlook
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August 31, 2015
11:46 EDTFIVEFive Below volatility elevated into Q2 and outlook
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August 28, 2015
10:13 EDTFIVEHigh option volume stocks
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