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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:50 EDTGPS, KSSStocks with implied volatility below IV index mean; GPS KSS
Stocks with implied volatility movement; Gap (GPS), Kohl's (KSS) according to iVolatility.
News For GPS;KSS From The Last 14 Days
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May 17, 2013
07:45 EDTKSSKohl's risk/reward remains attractive, says RW Baird
Baird views the risk/reward for Kohl's as attractive following Q1 results. The firm cited effective inventory management despite disappointing sales, easier comps, and ongoing initiatives to improve operations. Shares are Outperform rated with a $57 price target.
May 16, 2013
14:44 EDTKSSKohl's can beat Q2 guidance, says RW Baird
RW Baird believes that easier comps and pent-up demand for spring/summer merchandise could enable Kohl's to beat its in-line Q1 EPs guidance. The firm thinks the company has several upcoming positive catalysts and keeps an Outperform rating on the stock.
09:32 EDTKSSKohl's spikes sharply after earnings beat, levels to watch
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09:19 EDTKSSOn The Fly: Pre-market Movers
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07:04 EDTKSSKohl's sees Q2 EPS $1.00-$1.08, consensus $1.05
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07:03 EDTKSSKohl's reports Q1 SSS down 1.9%
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07:02 EDTKSSKohl's reports Q1 EPS 66c, consensus 58c
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May 15, 2013
15:11 EDTKSSNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.15; Kohl's (KSS), consensus 58c; Flowers Foods (FLO), consensus 42c; Brady Corp. (BRC), consensus 60c; Prestige Brands (PBH), consensus 35c.
15:05 EDTKSSKohl's May 50 straddle priced for 5.1% move into Q1
10:13 EDTGPSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel.
07:45 EDTGPSGap expectations are now too high, says Lazard Capital
Lazard Capital estimates the calendar shift in Q1 added to Gap $150M in revenue and 8c-10c, which it believes is not understood by most investors and analysts. The firm still likes the stock longer term and keeps a Buy rating on Gap, but says expectations are now too high since Q4 consensus estimates did not come down to reflect the calendar shift. Note shares of Gap were upgraded this morning at Citigroup.
05:44 EDTGPSGap upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Gap citing improved merchandise, inventory control and expectations for continued comp store sales consistency. Citi raised its price target for shares to $48 from $40.
May 13, 2013
10:24 EDTKSSKohl’s May volatility increases into Q1 and guidance
Kohl's May call option implied volatility is at 59, June is at 27; compared to its 26-week average of 28 according to Track Data, suggesting larger near term price movement in the expected release of Q1 results before the market open on May 16.
May 12, 2013
15:50 EDTGPSS&P raises Gap ratings to 'BBB-' from 'BB+'
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May 10, 2013
10:01 EDTGPSGap spikes higher after guidance, True Religion buyout
The company guided higher last night after the close, putting Q1 results at 68 cents to 69 cents per share versus expectations of 56 cents. At the current price of $41.07, next resistance is at $42.79. Support is at $40.13. The True Religion (TRLG) take-private deal from TowerBrook at $32 is lending a bid to other clothing retailers.
09:21 EDTGPSOn The Fly: Pre-market Movers
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08:46 EDTGPSDavid’s Bridal names Gap executive Pamela Wallack as CEO
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May 9, 2013
16:03 EDTGPSGap shares rally 6% to $41.50 after Q1 outlook tops estimates
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16:02 EDTGPSGap sees Q1 EPS 68c-69c, consensus 56c
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16:02 EDTGPSGap reports Q1 revenue $3.73B, consensus $3.67B
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