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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:56 EDTVFC, PVH, LULU, OXMOxford Industries tumbles after results miss expectations
Apparel maker Oxford Industries (OXM) is plunging after the company last night reported earnings per share and revenue for the third quarter of its fiscal 2012 that were below analysts' consensus estimates. Moreover, the company's fourth quarter earnings per share and revenue guidance were well below the consensus estimate. Oxford cited a disappointing performance by its Ben Sherman sportswear brand, delays of store openings in Hong Kong and Chicago, and Hurricane Sandy as factors that dragged down its guidance. In a note to investors earlier today, however, Brean Capital analyst Eric Beder recommended buying the stock on weakness. Oxford remains poised to beat expectations, as the company's Tommy Bahama and Lilly Pulitzer brands are well-positioned to generate double digit revenue growth during the company's fiscal 2014, Beder believes. Moreover, Oxford has a good opportunity to stabilize Ben Sherman during fiscal 2014 added the analyst, who reiterated his $60 price target on the stock. In mid-morning trading, Oxford dropped $6.71, or 12.71%, to $46.07. Other apparel makers also retreated significantly, with PVH Corp (PVH) losing 2.38% to $11.02, V.F. Corporation (VFC) giving back 1.56% to $153.75, and Lululemon (LULU) sliding 3.19% to $68.39.
News For OXM;PVH;VFC;LULU From The Last 14 Days
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May 29, 2015
12:18 EDTVFCVF Corp. unit, Liverpool FC announce apparel partnership
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06:11 EDTLULUStocks with implied volatility above IV index mean; LULU NAV
Stocks with implied volatility above IV index mean; lululemon (LULU) 45, Navistar (NAV) 45 according to iVolatility.
May 28, 2015
13:48 EDTPVHPVH Corp. volatility elevated into Q1 and outlook
PVH Corp. June call option implied volatility is at 37, July is at 30; compared to its 52-week range of 18 to 39, suggesting large near term price movement into the expected release of Q1 results on June 2.
07:29 EDTOXMCitigroup to hold a conference
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07:25 EDTVFCVF Corp. has reached compelling entry point, says Stifel
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06:03 EDTLULUStocks with implied volatility above IV index mean; LULU NAV
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May 27, 2015
09:00 EDTPVHPVH Corp. announces license agreement with Accutime Watch Corp
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May 26, 2015
20:51 EDTOXMCitigroup to hold a conference
Global Consumer Conference is being held in New York on May 27-28.
07:41 EDTLULULululemon Athletica June weekly volatility elevated into Q1
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06:03 EDTLULUStocks with implied volatility above IV index mean; ALTR LULU
Stocks with implied volatility above IV index mean; Altera (ALTR) 67, Marvell (LULU) 43 according to iVolatility.
May 21, 2015
10:43 EDTLULUOptions with increasing implied volatility
Options with increasing implied volatility: FTR LL XLNX LULU
May 15, 2015
12:47 EDTLULUAppeals court dismisses lululemon yoga pants lawsuit, Reuters reports
A lawsuit accusing lululemon of defrauding shareholders by failing to reveal the sheerness of its black Luon yoga pants has been properly dismissed by a U.S. appeals court, Reuters reports. The court ruled that "Insofar as the defendants are alleged to have omitted information from Lululemon's corporate website, filings with the SEC, press releases, or investor calls, the has failed adequately to plead with particularity that these omissions rendered the defendants' statements inaccurate, incomplete, or misleading or that the defendants were otherwise under a duty to disclose such information." Reference Link

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