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Stock Market & Financial Investment News

News Breaks
November 20, 2012
16:04 EDTLULU, GIII, PVHlululemon unit, Calvin Klein, G-III Apparel reach patent suit settlement
lululemon athletica canada, a subsidiary of lululemon athletica (LULU), Calvin Klein, a wholly owned subsidiary of PVH Corp. (PVH), and G-III Apparel Group (GIII), a Calvin Klein licensee, have entered into a settlement agreement that will resolve the pending design patent litigation related to certain yoga pant designs. The terms of the parties’ settlement agreement are confidential. Pursuant to the agreement, the pending litigation will be dismissed, the parties announced.
News For LULU;PVH;GIII From The Last 14 Days
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June 26, 2015
10:23 EDTLULUAnalyst warns lululemon seeing increased competition in Canada
lululemon's (LULU) Canadian stores will probably be under pressure as new competitors have entered the company's core yoga apparel market there, research firm Macquarie warned in a note to investors earlier today. The firm highlighted one such competitor, Lole's Learning. WHAT'S NEW: Canada based Lole’s Learning and lululemon have similar products, similar prices, similar marketing events and similar store locations, Macquarie analyst Laurent Vasilescu reported. However, Lole's prices are "a tad more competitive," the analyst stated. Lole's started out as a wholesaler, but now has about 2,000 retail locations, many of which are within walking distance of lululemon stores, the analyst stated. Lole's has grown at a compound annual growth rate of 29% over the last five years, according to Vasilescu, who kept a $42 price target and Underperform rating on lululemon. WHAT'S NOTABLE: On June 9, lululemon reported slightly stronger than expected first quarter results and said that its U.S. stores were posting strong same-store sales trends in the initial weeks of Q2, while its Canadian stores were seeing positive Q2 comp trends. PRICE ACTION: In early trading, lululemon rose 1% to $68.29.
June 25, 2015
10:19 EDTLULUlululemon recalling women's tops with elastic draw cords due to injury hazard
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07:27 EDTPVHPVH Corp. remains top softlines pick, says UBS
UBS said PVH Corp. remains its top softlines pick, citing improving Q2 trends, confidence that the company will report a beat and raise quarter and multiple sources of earnings upside and multiple expansion that will drive stock performance. UBS reiterated its Buy rating and $132 price target on PVH Corp.
June 23, 2015
07:03 EDTGIIIG-III Apparel price target raised to $86 from $74 at Piper Jaffray
Piper Jaffray calls G-III Apparel its favorite small cap growth idea for 2015 and raised its price target for shares to $86. Piper sees catalysts for the second of 2015, including continued growth in dresses, and reiterates an Overweight rating on the name.
June 22, 2015
06:02 EDTLULUStocks with implied volatility below IV index mean; QIHU LULU
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June 18, 2015
12:45 EDTPVHPVH Corp. management to meet with Piper Jaffray
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