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Stock Market & Financial Investment News

News Breaks
June 10, 2014
14:19 EDTLULU, VFC, ADDYYAnalyst suggests lululemon could be takeover target, Globe and Mail says
According to industry speculation, lululemon (LULU) may become a takeover target, says the Globe and Mail. Camilo Lyon, managing director of equity research at Canaccord Genuity said in a report that possible suitors of lululemon include VF Corp. (VFC) and Adidas (ADDYY), adds the Globe and Mail. Shares of Lululemonare up 1.6% to $45.73 in afternoon trading. Reference Link
News For LULU;VFC;ADDYY From The Last 14 Days
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October 24, 2014
06:15 EDTVFCVF Corp. executive could become next Aldo Group CEO, WSJ reports
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October 22, 2014
15:27 EDTLULUlululemon management to meet with William Blair
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04:57 EDTLULUlululemon partners with Dalai Lama Center
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October 20, 2014
10:44 EDTVFCVF Corp dips lower after Q3 earnings miss consensus expectations
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09:17 EDTVFCVF Corp. says 'on track' to add 150 new stores this year
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09:09 EDTVFCVF Corp. says 'on track' to achieve FY14 growth expectations
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07:03 EDTVFCVF Corp. raises FY14 EPS view to $3.08 from $3.06
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07:01 EDTVFCVF Corp. increases quarterly dividend 22% to 32c per share
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07:01 EDTVFCVF Corp. reports Q3 EPS $1.08, consensus $1.09
Reports Q3 revenue $3.5B, consensus $3.57B.
October 19, 2014
20:07 EDTADDYYInvestor group planning $2.2B offer for Adidas' Reebok business, WSJ says
A group of investors from Hong Kong and Abu Dhab are putting together a deal to buy Reebok from Adidas, says the Wall Street Journal. The investors plan to offer Adidas $2.2B for its Reebok business, added the Wall Street Journal. Reference Link
October 17, 2014
08:39 EDTVFCVF Corp. management to meet with JPMorgan
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October 16, 2014
10:01 EDTLULUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Akamai (AKAM) downgraded to Market Perform from Outperform at Wells Fargo... CGG SA (CGG) downgraded to Reduce from Neutral at Nomura... Central Valley Community (CVCY) downgraded to Hold from Buy at Sandler O'Neill... DSM (RDSMY) downgraded to Neutral from Buy at Nomura... Disney (DIS) downgraded at Guggenheim... Francesca's (FRAN) downgraded to Underperform from Outperform at Macquarie... Netflix (NFLX) downgraded to Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to Reduce from Neutral at Nomura... Ternium (TX) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Neutral from Outperform at Macquarie... Viacom (VIAB) downgraded at BofA/Merrill... eBay (EBAY) downgraded to Underperform from Buy at CLSA... lululemon (LULU) downgraded to Underperform from Neutral at Macquarie.
05:39 EDTLULUlululemon downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded lululemon to Underperform after assuming coverage of the stock saying the company's expansion into Asia and Europe will drive a meaningful increase in spending. The firm lowered its price target for shares to $34 from $40.
October 13, 2014
14:02 EDTLULUlululemon's Q3 sales tracking below consensus, says ITG Research
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October 12, 2014
17:10 EDTVFCVF Corp. shares could rise 25%, Barron's says
VF Corp. shares could rise 25%, according to UBS analyst Michael Binetti, driven by a 15% earnings increase in FY15, Barron's contends in a feature article, citing Michael Binetti. Reference Link

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