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Stock Market & Financial Investment News

News Breaks
February 27, 2014
06:07 EDTGPS, PVH, LVMUYJ. Crew considering possible IPO this year, NY Post reports
J. Crew, which is owned by Leonard Green & Partners and TPG Capital, is in talks with banks for an IPO, the New York Post reports. he retailer could fetch a valuation of up to $5B, a source says. An IPO could occur this year. Reference Link
News For PVH;GPS;LVMUY From The Last 14 Days
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September 3, 2015
09:06 EDTPVHCalvin Klein to reacquire Calvin Klein Platinum Label Accessories License
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September 1, 2015
08:45 EDTLVMUYLVMH appoints Ian Rogers as Chief Digital Officer, effective in October
LVMH (LVMUY) announces the appointment of Ian Rogers as Chief Digital Officer of the LVMH Group, effective October 2015. Ian contributed to the recent launch of Apple Music (AAPL) including Beats1, their digital streaming channel.
August 27, 2015
11:42 EDTPVHPVH Corp. rises after Q2 results top estimates, FY15 outlook raised
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08:17 EDTPVHPVH Corp. should begin to see multiple expansion, says UBS
UBS noted PVH delivered another beat and raise quarter and now expects the company's multiple to expand. The firm cited improving revenues and organic earnings power. UBS reiterated its Buy rating and $132 price target on PVH Corp. shares.
08:13 EDTPVHPVH Corp. starting to see turn for CK brand, says Piper Jaffray
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August 26, 2015
20:03 EDTGPSGap to stop on-call shifts by late September
In a company blog post published Wednesday, Gap announced a commitment to eliminate the use of on-call shifts across the organization. The work began earlier in the summer, said the company, and all five brands have aligned on a complete phase-out of this practice by the end of September. Additionally, each of Gap's brands has committed to improving scheduling policies to provide store employees with at least 10-14 days notice. The majority of brands will be rolling out these new policies in September, and all Gap brands are committed to phasing in advanced schedules by early 2016. Reference Link
20:03 EDTPVHOn The Fly: After Hours Movers
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16:12 EDTPVHPVH Corp. up 3.3% to $115.11 after Q2 results, guidance
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16:08 EDTPVHPVH Corp. sees Q3 adjusted EPS $2.45-$2.50, consensus $2.46
Revenue in the third quarter of 2015 is currently projected to increase approximately 3% on a constant currency basis (decrease approximately 3% on a GAAP basis) compared to the prior year's third quarter. It is currently projected that revenue for the Calvin Klein business in the third quarter will increase approximately 7% on a constant currency basis (increase 1% on a GAAP basis). Revenue for the Tommy Hilfiger business in the third quarter is currently expected to increase approximately 4% on a constant currency basis (decrease approximately 4% on a GAAP basis). Revenue for the Heritage Brands business in the third quarter is currently projected to decrease approximately 5% due in part to the closure of the Izod retail business. Q3 revenue consensus $2.19B.
16:06 EDTPVHPVH Corp. expects to generate about $450M of free cash flow in 2015
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16:06 EDTPVHPVH Corp. sees FY15 revenue up approximately 4% on constant currency basis
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16:05 EDTPVHPVH Corp. reports Q2 revenue by segment
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16:04 EDTPVHPVH Corp. raises FY15 adjusted EPS view to $6.90-$7.00 from $6.85-$6.95
FY15 consensus $6.92. Full Year 2015 EPS on a Non-GAAP and Constant Currency Basis is Currently Expected to Grow 12% to 14% Compared to Prior Year, Exceeding Previous Guidance of 11% to 12%.
16:02 EDTPVHPVH Corp. reports Q2 adjusted EPS $1.37, consensus $1.29
Reports Q2 revenue $1.864B, consensus $1.82B.
15:00 EDTPVHNotable companies reporting after market close
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13:30 EDTPVHPVH Corp. technical comments ahead of results
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10:00 EDTLVMUYOn The Fly: Analyst Upgrade Summary
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07:49 EDTLVMUYLVMH upgraded to Buy from Hold at Societe Generale
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07:17 EDTPVHPVH Corp. volatility elevated into Q2 and outlook
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August 24, 2015
07:47 EDTPVHPVH Corp. shares still poised to rise, says Deutsche Bank
Detusche Bank continues to believe that PVH's set-up into Q2 is positive. The firm thinks the company will benefit from several factors, including a CK jeans turnaround, an improvement in its EPS quality, and stable/improving comps. The firm keeps a $130 price target and Buy rating on the shares.
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