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Stock Market & Financial Investment News

News Breaks
October 29, 2012
16:53 EDTURBN, HD, LTD, C, AEOHurricane Sandy may cut November SSS by up to 3%, Bloomberg says
Hurricane Sandy, while benefitting some supermarkets and home-improvement retailers like Home Depot (HD), may cut same-store-sales for November by up to 3%, according to a Bloomberg report that cites Citigroup (C) analyst Oliver Chen. Chen said that American Eagle (AEO), Limited Brands (LTD), and Urban Outfirres (URBN), are among companies that have the highest percentage of stores in the area directly affected by Sandy. Reference Link
News For HD;AEO;LTD;URBN;C From The Last 14 Days
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May 23, 2013
16:00 EDTCOptions Update; May 23, 2013
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13:06 EDTLTDL Brands management to meet with Sterne Agee
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May 22, 2013
19:29 EDTAEOGap shares may be overheated, WSJ says
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16:32 EDTLTDL Brands sees FY13 EPS $2.95-$3.15, consensus $3.14
16:32 EDTLTDL Brands sees Q2 EPS 50c-55c, consensus 53c
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16:32 EDTLTDL Brands reports Q1 EPS 48c, consensus 46c
ReportsQ1 revenue $2.27B, consensus $2.26B. Reports Q1 SSS up 3%.
16:00 EDTCOptions Update; May 22, 2013
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15:28 EDTLTDNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus 81c; Limited Brands (LTD), consensus 46c; Workday (WDAY), consensus (18c); PetSmart (PETM), consensus 96c; Synopsys (SNPS), consensus 63c; HEICO (HEI), consensus 40c.
09:02 EDTCFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
08:09 EDTAEOAmerican Eagle sees FY13 EPS $1.42-$1.45, consensus $1.49
Sees second half comparable sales growth in the low-single digits.
08:08 EDTAEOAmerican Eagle sees Q2 EPS 19c-21c, consensus 24c
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08:07 EDTAEOAmerican Eagle reports Q1 adjusted EPS 18c, consensus 17c
Reports Q1 revenue $679.5M, consensus $678.41M. Reports consolidated comparable sales, including AEO Direct, decreased 5%.
07:45 EDTCCitigroup price target raised to $60 from $53 at Credit Suisse
Credit Suisse said Citigroup's International markets have had faster growth and provide a source of additional revenue opportunity. The firm expects 2013 ROE of 13.2% vs. 11.9% in 2012 and sees positive operating leverage driving improved profitability. Shares are Outperform rated.
07:36 EDTHDHome Depot shares still attractive, says RBC Capital
After Home Depot reported stronger than expected Q1 results and raised its guidance, RBC Capital thinks the stock will generally appreciate in-line with the firm's outlook for EPS growth in the upper teen percentage levels. The firm raised its price target on the stock to $88 from $82 and keeps an Outperform rating on the shares.
07:15 EDTLTDL Brands June volatility elevated into Q1 and revenue outlook
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06:12 EDTCRussia becomes a tougher market for foreign banks, Reuters reports
Foreign banks that once treated Russia as new territory where easy money could be made are now finding it a cut-throat market tougher than some bargained for, reports Reuters. While players such as Citi and Austria's Raiffeisen thrive, many have found post-Soviet Russia too hard to penetrate: rife with credit, legal and corruption risks, and dominated by state giants Sberbank and VTB.Reference Link
May 21, 2013
16:26 EDTHDOn The Fly: Closing Wrap
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16:04 EDTHDOptions Update; May 21, 2013
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15:18 EDTAEONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Lowe's (LOW), consensus 51c; Target (TGT), consensus 87c; Staples (SPLS), consensus 27c; Toll Brothers (TOL), consensus 7c; Eaton Vance (EV), consensus 52c; American Eagle Outfitters (AEO), consensus 17c; Booz Allen (BAH), consensus 37c;
12:36 EDTHDOn The Fly: Midday Wrap
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