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Stock Market & Financial Investment News

News Breaks
May 20, 2014
14:17 EDTHIBB, FL, DKSBuy Hibbett Sports, Foot Locker on Dick's Sporting weakness, says Sterne Agee
Sterne Agee recommends buying Hibbett Sports (HIBB) and Foot Locker (FL) on weakness related to Dick's Sporting Goods (DKS) results. The analyst notes Dicks's Sporting Goods Q1 saw strength in Women's and youth athletic apparel, footwear and team sports and weakness in golf and hunting businesses, both of which are not a focus of Hibbett or Foot Locker.
News For HIBB;FL;DKS From The Last 14 Days
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September 18, 2014
09:22 EDTFLBack to school season healthy for footwear, says Sterne Agee
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07:36 EDTFLFoot Locker management to meet with UBS
Meeting to be held in Dublin, Ireland on September 18 hosted by UBS.
September 17, 2014
14:43 EDTHIBBHibbett Sports management to meet with Sterne Agee
Meetings to be held in Milwaukee on September 23 and in Chicago on September 24 hosted by Sterne Agee.
10:00 EDTHIBBOn The Fly: Analyst Downgrade Summary
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07:32 EDTFLFoot Locker management to meet with UBS
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06:51 EDTHIBBHibbett Sports assumed with a Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded Hibbett Sports to Neutral after assuming coverage of the stock. Piper believes the company's focus on lower income consumers could be causing a lack of comp store sales growth. It lowered its price target for shares to $43 from $53.
September 16, 2014
18:31 EDTHIBBHibbett Sports assumed with a Neutral at Piper Jaffray
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16:31 EDTFLFoot Locker assumed with a Neutral at Piper Jaffray
Target $57.
07:24 EDTDKSDick's Sporting announces retirement of president and COO Joseph Schmidt
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September 15, 2014
07:23 EDTFLFoot Locker management to meet with UBS
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September 9, 2014
10:10 EDTDKSOn the Fly: Analyst Downgrade Summary
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05:55 EDTDKSDick's Sporting downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Dick's Sporting Goods to Market Perform citing the recent rebound in shares and its data for August which indicates golf equipment sales continue to be weak. Wells also believes Disk's is near peak sales productivity and that the shift to ecommerce will lead to lower margins. The firm dropped its price target range for shares to $43-$46 from $47-$50.
September 4, 2014
10:29 EDTFLOn The Fly: Analyst Initiation Summary
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05:52 EDTFLFoot Locker initiated with a Buy at Jefferies
Target $66.

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