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Stock Market & Financial Investment News

News For RIMM;BLOX;KR;GES;DIS;ARO;TIF;LQDT;GPS;TGT;M;TKR From The Last 14 Days
Check below for free stories on RIMM;BLOX;KR;GES;DIS;ARO;TIF;LQDT;GPS;TGT;M;TKR the last two weeks.
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May 9, 2013
07:00 EDTGESGuess downgraded to Neutral from Outperform at Wedbush
Wedbush downgraded Guess following checks that indicate a lackluster turnaround, increased promotional activity, and earnings risk. Price target remains $27.
May 8, 2013
17:01 EDTDISOn The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69.
16:00 EDTDISOptions Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data.
12:20 EDTDISOn The Fly: Midday Wrap
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09:37 EDTDISActive equity option families trading on open
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09:29 EDTDISDisney price target raised to $76 from $63 at Citigroup
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07:44 EDTTGT, M, GPS, KRBofA/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.
07:14 EDTDISDisney price target raised to $71 from $63 at RBC Capital
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07:11 EDTTGTTarget uses Facebook to see if deals attract shoppers to stores, Reuters reports
Target (TGT) is rolling out a service that combines social networking and discounts to attract shoppers into its physical stores. The company’s program relies on shoppers using their Facebook (FB) accounts, and they can only redeem the offers they choose in Target's U.S. stores, not online, reports Reuters.Reference Link
06:59 EDTDISDisney price target raised to $75 from $67 at JPMorgan
JPMorgan raised its price target for Disney following the company's Q2 results and keeps an Overweight rating on the stock.
06:55 EDTDISDisney price target raised to $73 from $66 at Credit Suisse
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06:05 EDTTGTOn the Fly: Periodicals Wrap-Up
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May 7, 2013
19:26 EDTDISYahoo! CEO has met with Hulu executives, AllThingsD says
Yahoo! (YHOO) CEO Marissa Mayer has met with executives at Hulu, a joint venture between Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), according to an AllThingsD report that cites sources that say Yahoo! is "in the process" but has not yet made a formal bid. Reference Link
16:54 EDTDISOn The Fly: Closing Wrap
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16:20 EDTDISDisney Q2 operating income at Cable Networks grew $224M to $1.7B
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16:19 EDTDISDisney reports Q2 Media Networks revenue $4.96B vs. $4.69B a year ago
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16:15 EDTDISDisney reports Q2 EPS ex-items 79c, consensus 76c
Reports Q1 revenue $10.55B, consensus $10.48B.
16:01 EDTDISOptions Update; May 7, 2013
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15:34 EDTDISNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include The Walt Disney Company (DIS), consensus 76c; Mondelez International (MDLZ), consensus 34c; Williams Companies (WMB), consensus 24c; McKesson (MCK), consensus $2.30; Marathon Oil (MRO), consensus 72c; Williams Partners (WPZ), consensus 50c; Symantec (SYMC), consensus 38c; Whole Foods Market(WFM), consensus 73c; CA Technologies (CA), consensus 55c; TripAdvisor (TRIP), consensus 46c; Electronic Arts (EA), consensus 58c.
14:19 EDTDISWalt Disney May weekly 65 straddle priced for 3.9% movement into Q2
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