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Stock Market & Financial Investment News

News Breaks
June 18, 2014
08:15 EDTLULU, ADDYY, VFClululemon more attractive takeover target after recent slide, Bloomberg says
Shares of lululemon (LULU) are trading near their lowest earnings multiple since 2009 after the company's recent pullback following its guidance cut, noted Bloomberg's "Real M&A" column, which added that analysts at Canaccord and Wedbush have said that VF Corp. (VFC) and Adidas (ADDYY) would make sense as potential suitors. Reference Link
News For LULU;VFC;ADDYY From The Last 14 Days
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July 1, 2015
10:00 EDTADDYYOn The Fly: Analyst Upgrade Summary
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07:15 EDTADDYYadidas upgraded to Buy at UBS
As reported previously, UBS upgraded adidas to Buy from Neutral. The firm said the upgrade was driven by greater conviction on the outlook for Western Europe and an improving view on the rest of its business.
05:32 EDTADDYYadidas upgraded to Buy from Neutral at UBS
June 26, 2015
11:40 EDTADDYYNike hits 52-week high after strong Q4 results, positive analyst commentary
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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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June 24, 2015
16:18 EDTVFCVF Corp. appoints Steven E. Rendle as COO
VF Corporation has appointed Steven E. Rendle as President & COO and elected him to VF’s board.
June 22, 2015
06:02 EDTLULUStocks with implied volatility below IV index mean; QIHU LULU
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