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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:56 EDTOXM, PVH, VFC, LULUOxford 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
Check below for free stories on OXM;PVH;VFC;LULU the last two weeks.
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August 18, 2014
15:18 EDTLULUAdvent International reports 14.82% stake in lululemon
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August 12, 2014
07:48 EDTLULUlululemon outright sale unlikley imminent, says Oppenheimer
Oppenheimer says it doubts an outright sale of lululemon is imminent after founder Chip Wilson sold half his stake. However, the firm believes Advent's involvement should help provide support to the shares. Opco expects Q2 comps to be down 4%, the low end of guidance, due to continued lack of product innovation. It keeps an Outperform rating on lululemon with a $53 price target.
05:51 EDTLULUKinder Morgan Energy lululemon
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August 8, 2014
10:32 EDTLULUlululemon advances after founder sells shares to PE investor
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09:15 EDTLULUOn The Fly: Pre-market Movers
HIGHER: NVIDIA (NVDA), up 4.2%, upgraded at Needham following its better than expected Q2 results... Arista Networks (ANET), up 8%, upgraded at Citigroup following better than expected Q2 results, announcing an expanded strategic relationship with VMware (VMW)... Tekmira Pharmaceuticals (TKMR), up 17.5% after announcing that the FDA verbally confirmed they have modified the full clinical hold placed on its TKM-Ebola treatment to a partial clinical hold... Gap (GPS), up 4.7% after July same-store sales rose 2%, company issues Q2 EPS outlook above the consensus estimate... lululemon (LULU), up 2.4% after founder agrees to sell half his stake to Advent for $845M. UP AFTER EARNINGS: SolarCity (SCTY), up 1%... Assured Guaranty (AGO), up 9%... MercadoLibre (MELI), up 13.6%. LOWER: Zynga (ZNGA), down 6% after lowering fiscal 2014 guidance... McDonald's (MCD), down 0.4% after Chinese supplier issue contributes to July comparable sales drop of 2.5%.
08:21 EDTLULUOptions expected to be active
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07:40 EDTLULUlululemon fundamental risk remains after founder sale, says Jefferies
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06:53 EDTLULULululemon volatility expected to move, founder will sell half his stake
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05:59 EDTLULUStocks with implied volatility movement; MNKD LULU
Stocks with implied volatility movement; MannKind (MNKD) 116, lululemon (LULU) 39 according to iVolatility.
August 7, 2014
18:41 EDTLULUOn The Fly: After Hours Movers
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16:56 EDTLULUlululemon founder to sell half his stake to Advent for $845M
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16:25 EDTLULUlululemon jumps 9% after Dow says founder to sell half his stake
16:25 EDTLULUlululemon founder to sell half his stake to Advent, Dow reports
lululemon founder Chip Wilson will sell half his stake to private equity firm Advent for $845M and Advent will receive two board seats and review the company's governance, Dow Jones reports, citing sources. The deal takes a proxy fight and potential hostile buyout off the table for now, Dow adds.

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