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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:56 EDTLULU, OXM, VFC, PVHOxford 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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April 17, 2014
07:31 EDTLULU, VFCLululemon faces increased competition in yogawear industry, Reuters says
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April 15, 2014
09:39 EDTLULUlululemon to host analyst day
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07:01 EDTLULUlululemon can ease competition concerns at analyst day, says Canaccord
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April 14, 2014
10:55 EDTPVHPVH Corp. management to meet with Piper Jaffray
Meetings to be held in California April 21-22 hosted by Piper Jaffray.
April 8, 2014
16:32 EDTPVHPVH Corp. announces minority investment in Karl Lagerfeld, terms not disclosed
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April 7, 2014
13:10 EDTLULUlululemon weekly volatility elevated into Analyst Day
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07:38 EDTLULUlululemon reiterated as a Buy ahead of Analyst Day at Topeka
Topeka expects lululemon's April 17 Analyst Day to be a "very positive" event and reiterates its Buy rating and $70 price target ahead of the event. The analyst said the new CEO is on a marketing offensive as the store base expands worldwide and new heads of merchandising and sourcing are working to maintain a high quality, innovative product.

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