New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:56 EDTPVH, LULU, OXM, VFCOxford 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
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
10:10 EDTVFCJanney to hold a field trip
Janney Montgomery Holiday Mall Tour is being held at Tysons Corner, Virginia on November 25.
05:58 EDTLULUStocks with implied volatility above IV index mean; DG LULU
Subscribe for More Information
November 24, 2014
15:19 EDTLULULululemon Athletica volatility elevated into Q3
Lululemon Athletica December call option implied volatility is at 51, January is at 46, March is at 38; compared to its 26-week average of 39 according to Track Data, suggesting large near term price movement into the expected release of Q3 results in early December.
November 20, 2014
12:47 EDTLULUNike opens first women only store in CA, Bloomberg reports
Subscribe for More Information
November 18, 2014
08:55 EDTVFCVF Corp. initiated with a Buy at BB&T
Target $82.
05:55 EDTLULUStocks with implied volatility above IV index mean; GME LULU
Subscribe for More Information
November 17, 2014
06:05 EDTLULUStocks with implied volatility above IV index mean; GME LULU
Subscribe for More Information
November 14, 2014
10:00 EDTLULUOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:16 EDTLULUOn The Fly: Pre-market Movers
Subscribe for More Information
09:03 EDTLULUlululemon downgraded at Sterne Agee
As noted earlier, Sterne Agee downgraded lululemon to Neutral from Buy. The firm believes that the company's brand has been damaged, causing many customers to leave, while its competition has become stronger. Target $39.
08:54 EDTLULUlululemon down 2% to $44.14 in pre-market following Sterne Agee downgrade
Subscribe for More Information
06:30 EDTLULUlululemon downgraded to Underperform from Neutral at Sterne Agee
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use