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Stock Market & Financial Investment News

News Breaks
August 21, 2014
07:36 EDTLZBLa-Z-Boy results may not be as bad as they look, says Stifel
After La-Z-Boy reported lower than expected EPS but higher than expected revenue, Stifel notes that the company's upholstery and retail margins rose, and the firm sees this as a sign that the company's core business model hasn't changed. The firm thinks the major change in the results was a significant increase in spending. It believes that some of the negative effects of the increased spending should subside later this fiscal year, and it thinks the company should benefit from these investments in fiscal 2016. It keeps a Buy rating on the shares.
News For LZB From The Last 14 Days
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November 18, 2014
18:23 EDTLZBOn The Fly: After Hours Movers
UP AFTER EARNINGS: La-Z-Boy (LZB), up 4.7% after reporting second quarter results and dividend increase... Jack in the Box (JACK), up 2.7%... PetSmart (PETM), up 1.9%. ALSO HIGHER: Popeyes Louisiana Kitchen (PLKI), up 1.6% after Red Mountain Capital Partners reported a 5.1% stake in the company. DOWN AFTER EARNINGS: Vipshop Holdings (VIPS), down 4.6%. ALSO LOWER: Cloud Peak (CLD), down 1.7% after filing to sell $100M of mandatory convertible preferred stock.
16:35 EDTLZBLa-Z-Boy moves higher after hours, levels to watch
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16:16 EDTLZBLa-Z-Boy up 6% following Q2 results
16:14 EDTLZBLa-Z-Boy CEO comments on second half of FY15
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16:13 EDTLZBLa-Z-Boy reports Q2 SSS for furniture galleries stores up 3.4%
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16:12 EDTLZBLa-Z-Boy raises quarterly dividend 33% to 8c per share
The dividend will be paid on December 10 to shareholders of record as of November 28.
16:11 EDTLZBLa-Z-Boy reports Q2 EPS 36c, consensus 34c
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15:21 EDTLZBNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Vipshop Holdings (VIPS), consensus 7c; M/A-Com Technology (MTSI), consensus 33c; La-Z-Boy (LZB), consensus 34c; PetSmart (PETM), consensus 94c; Jack in the Box (JACK), consensus 53c.

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