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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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July 31, 2014
10:03 EDTLULUOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Enphase Energy (ENPH) initiated with an Outperform at Imperial Capital... Fission Uranium (FCUUF) initiated with a Buy at H.C. Wainwright... Fox Factory (FOXF) initiated with a Buy at BofA/Merrill... Michael Kors (KORS) initiated with a Buy at BofA/Merrill... Xunlei (XNET) initiated with an Overweight at JPMorgan... lululemon (LULU) initiated with a Positive at Susquehanna.
06:46 EDTLULUlululemon initiated with a Positive at Susquehanna
Target $49.
July 25, 2014
12:09 EDTLULUStocks with call strike movement; TWTR LULU
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July 24, 2014
07:08 EDTLULULululemon Athletica August volatility low as shares near 40-month low
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July 23, 2014
07:48 EDTVFCVF Corp. management to meet with Deutsche Bank
Meeting to be held in New York on July 23 hosted by Deutsche Bank.
July 21, 2014
06:45 EDTLULUlululemon files lawsuit against 'knockoff artists', The Globe and Mail says
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July 18, 2014
09:14 EDTVFCVF Corp. expects Europe jeans business to go back to growth again
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09:04 EDTVFCVF Corp. 'squarely on track' to meet FY14 gross margin goal of 49%
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07:03 EDTVFCVF Corp. sees Q3 revenues up at a rate similar to Q2
Consensus is $3.6B. The company says "Third quarter revenues are expected to increase at a rate similar to that of the second quarter driven primarily by strength within the Outdoor & Action Sports coalition, our international operations and continued strength in our direct-to-consumer businesses. The strongest growth and profit comparisons of the year are expected in the fourth quarter, when direct-to-consumer represents the most significant contribution of the year."
07:02 EDTVFCVF Corp. sees FY14 EPS $3.06, consensus $3.09
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07:01 EDTVFCVF Corp. reports Q2 EPS 36c, consensus 35c
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06:06 EDTLULUStocks with implied volatility below IV index mean; LULU INTC
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