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Stock Market & Financial Investment News

News Breaks
November 15, 2012
09:57 EDTPLCEChildren's Place gaps down sharply after guidance cut, levels to watch
The company earlier announced inline Q3 earnings of $1.60 per share, but cut its fiscal year 2012 outlook and Q4 results to well below consensus. For 2012, it sees EPS in a range of $3.10 to $3.15, versus prior guidance of $3.20 to $3.30. For Q4, it cut its outlook to $1.01 to $1.06, versus consensus of $1.24. At the current price of $49.14, next support is at $47.99. Resistance is at $50.89.
News For PLCE From The Last 14 Days
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February 19, 2015
09:59 EDTPLCEOn The Fly: Analyst Downgrade Summary
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08:00 EDTPLCEChildren's Place downgraded to Hold from Buy at Maxim
As previously reported, Maxim downgraded Children's Place to Hold from Buy. The firm has lowered estimates and tempered gross margin expectations given FX impact, unfavorable weather, and likely apparel deflation. Price target lowered to $51 from $60.
07:36 EDTPLCEChildren's Place downgraded to Hold from Buy at Maxim
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