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Stock Market & Financial Investment News

News Breaks
January 18, 2013
11:31 EDTJCP, PVHPVH CEO: Izod sales at J.C. Penney on or ahead of plan, Bloomberg reports
PVH Corp. (PVH) CEO Manny Chirico said sales of its Izod brand at specialty "shop within a shop" stores within redesigned J.C. Penney (JCP) locations are "running on or ahead of plan," which Chirico called a "grand slam home run," according to Bloomberg, citing his comments at an investor conference. Chirico noted a measure of revenue per product at the J.C. Penney shops is 20% higher compared with other department stores through Jan. 12, the report said. Reference Link
News For JCP;PVH From The Last 14 Days
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June 18, 2013
11:43 EDTPVHOptions with decreasing implied volatility: PVH VRTX EWG
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June 17, 2013
12:00 EDTPVHOptions with decreasing implied volatility: NAV SUPN PVH IVR DOLE
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June 14, 2013
12:45 EDTJCPStocks with call strike movement; JCP MU
J.C. Penney (JCP) January call option implied volatility increased 2% to 50, Micron (MU) January 16 call option implied volatility increased 2% to 48 according to IVolatility.
11:18 EDTPVHOptions with decreasing implied volatility: DMND DOLE HRB PVH
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09:13 EDTPVHPVH Corp. 2013 guidance looks conservative, says Wells Fargo
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June 13, 2013
09:44 EDTPVHPVH Corp. rallies after earnings and guidance, levels to watch
The stock is up after a stronger than expected earnings report last night with in which the company reaffirmed its guidance for fiscal year 2013. At the current price of $121.98, next resistance is at $123.13, the session high, and then at the 52-week high at $125.50. Support is at $120.38.
09:05 EDTPVHOn The Fly: Pre-market Movers
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07:39 EDTPVHPVH Corp. guidance very conservative, says Brean Capital
Brean Capital noted PVH Corp posted solid Q1 results but believes its guidance was very conservative. The firm expects the company to remap up its international opportunities in Tommy Hilfiger and Calvin Klein which will drive a material top and bottom line upside. Shares are Buy rated with a price target of $129, raised from $127.
June 12, 2013
19:09 EDTPVHOn The Fly: After Hours Movers
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16:09 EDTPVHPVH Corp. sees Q2 adjusted EPS about $1.35, consensus $1.35
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16:07 EDTPVHPVH Corp. reaffirms FY13 revenue view approximately $8.2B, consensus $8.18B
16:06 EDTPVHPVH Corp. reaffirms FY13 adjusted EPS view $7.00, consensus $7.04
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16:05 EDTPVHPVH Corp. reports Q1 adjusted EPS $1.91, consensus $1.35
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15:24 EDTPVHNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include PVH Corp. (PVH), consensus $1.35; H&R Block (HRB), consensus $2.61; Men's Wearhouse (MW), consensus 55c; Luby's (LUB), one estimate 13c; Sigma Designs (SIGM), consensus 2c.
08:20 EDTJCPWells 'surprised' by amount of J.C. Penney TV spending
Wells Fargo said it has been surprised at the amount of TV advertising J.C. Penney has done, but it notes the spending will drive some incremental traffic and sales. Wells points out that J.C. Penney issued higher 2013 capex guidance last night in its regulatory filing. The firm raised its FY13 earnings estimate to ($4.80) from ($5.17) to reflect higher comp sales estimates but keeps an Underperform rating on the stock.
08:16 EDTJCPJ.C. Penney sees 2013 capital expenditures around $1B
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June 11, 2013
14:17 EDTPVHPVH June volatility elevated at 48 into Q1 and outlook
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June 7, 2013
12:06 EDTJCPStocks with call strike movement; CLF JCP
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June 6, 2013
10:01 EDTJCPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Cadence (CADX) initiated with a Neutral at Piper Jaffray... Costco (COST) initiated with a Buy at Sterne Agee... Dollar General (DG) initiated with a Neutral at Sterne Agee... Dollar Tree (DLTR) initiated with a Buy at Sterne Agee... Emeritus (ESC) initiated with a Neutral at Goldman... Enbridge (ENB) initiated with an Outperform at Macquarie... ExOne (XONE) initiated with a Buy at Canaccord... Family Dollar (FDO) initiated with a Neutral at Sterne Agee... Five Below (FIVE) initiated with a Neutral at Sterne Agee... Haemonetics (HAE) initiated with an Outperform at JMP Securities... ING Group (ING) initiated with a Buy at Jefferies... J.C. Penney (JCP) initiated with a Buy at Sterne Agee... Kohl's (KSS) initiated with a Neutral at Sterne Agee... Macy's (M) initiated with a Buy at Sterne Agee... Nordstrom (JWN) initiated with a Buy at Sterne Agee... Saks (SKS) initiated with a Neutral at Sterne Agee... Signature Bank (SBNY) initiated with an Overweight at Morgan Stanley... The Fresh Market (TFM) initiated with a Buy at Sterne Agee... The Medicines Co. (MDCO) initiated with an Overweight at Piper Jaffray... Vitamin Shoppe (VSI) initiated with a Buy at Sterne Agee... Whole Foods (WFM) initiated with a Buy at Sterne Agee... SkyWest (SKYW) initiated with an In-Line at Imperial Capital... W&T Offshore (WTI) initiated with a Buy at SunTrust... Canadian Natural (CNQ) initiated with an Accumulate at Global Hunter... Cenovus Energy (CVE) initiated with a Buy at Global Hunter... Suncor (SU) initiated with a Buy at Global Hunter... Freeport McMoRan (FCX) coverage resumed with a Buy at Jefferies.
June 5, 2013
16:16 EDTJCPJ.C. Penney initiated with a Buy at Sterne Agee
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