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Stock Market & Financial Investment News

News Breaks
February 25, 2013
11:15 EDTPLCEChildren's Place falls sharply for a second session, levels to watch
Shares are currently down nearly 4% at time of writing, bouncing slightly off of session lows at $46.01. At the current price of $46.10, resistance is at $47.05. Support is at $46,01, and then at $45.45. Janney Capital earlier downgraded the shares to Neutral, with a price target of $49. Pressures being placed on low-end consumers, increased discounting from competitors and promotions, and delayed Spring season purchases were cited as reasons for the recommendation change.
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May 8, 2013
10:00 EDTPLCEOn The Fly: Analyst Initiation Summary
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07:44 EDTPLCEBofA/Merrill's retail analysts hold an analyst/industry conference call
Specialty Retail Analyst Hutchinson provides an update on April monthly sales, earnings and industry trends on an Analyst/Industry conference call. Relevant covered companies BBBY, BBY, BJ, CHS, COH, COST, DG, DLTR, FDO, FL, GPS, KR, KSS, LOW, M, NDN, PLCE, SKS, SWY, TGT, TJX, WMT and ZLC may be included on the Analyst/Industry conference call to be held on May 9 at 1 pm.
05:39 EDTPLCEChildren's Place initiated with a Neutral at Piper Jaffray
Target $49.

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