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Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:16 EDTNILEBlue Nile sees FY13 EPS 75c-85c, consensus 95c
Sees FY13 revenue $440M-$470M, consensus $458.92M.
News For NILE From The Last 14 Days
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June 17, 2013
13:59 EDTNILEBlue Nile advances after analyst hikes rating to Outperform
Shares of online jewelry retailer Blue Nile (NILE) are climbing after research firm William Blair upgraded the stock in a note to investors earlier today. WHAT'S NEW: William Blair analyst Mark Miller upgraded Blue Nile to Outperform from Market Perform, as he believes that external conditions are becoming more favorable to the company, while its initiatives appear to be working. Specifically, the retailer should benefit from rising consumer confidence, increased access to consumer credit and stable diamond prices, Miller wrote. Blue Nile should also be boosted by new strategic marketing campaigns and its decision to offer more types of wedding bands, the analyst contended. Moreover, Miller believes that the company has been doing well this quarter, while its customer satisfaction levels have been improving, PRICE ACTION: In mid-afternoon trading, Blue Nile rose $1.70, or 4.6%, to $49.
10:10 EDTNILEOn The Fly: Analyst Upgrade Summary
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09:33 EDTNILEFollow-up: Blue Nile upgraded to Outperform at William Blair
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09:13 EDTNILEBlue Nile upgraded to Outperform from Market Perform at William Blair
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