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Stock Market & Financial Investment News

News Breaks
March 5, 2012
08:49 EDTLIZ, HBI, PVH, RL, COLM, GIL, KORS, GPS, WRC, UA, VFCIndian cotton export ban likely to decrease supply, increase prices, WSJ says
India, the world's second-largest cotton exporter after the U.S., suddenly and without explanation banned cotton exports until further notice, which will likely tighten global supply and drive higher international prices, reported The Wall Street Journal. Reference Link
News For RL;VFC;KORS;PVH;UA;GIL;HBI;WRC;COLM;LIZ;GPS From The Last 14 Days
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April 21, 2015
07:04 EDTUAUnder Armour raises FY15 revenue view to $3.78B, consensus $3.82B
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07:03 EDTUAUnder Armour reports Q1 EPS 5c, consensus 5c
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April 20, 2015
16:22 EDTGPSGap initiated with a Hold at Cantor
Target $47.
15:37 EDTUANotable companies reporting before tomorrow's open
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14:52 EDTUAUnder Armour April weekly volatility elevated into Q1 and outlook
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10:00 EDTKORSOn The Fly: Analyst Downgrade Summary
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08:21 EDTUAUnder Armour expected to report Q1 revenue upside, says BofA/Merrill
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08:18 EDTKORSMichael Kors downgraded to Neutral with $70 target at Mizuho
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08:08 EDTHBIHanesbrands remains a top pick, says UBS
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06:11 EDTKORSMichael Kors downgraded to Neutral from Buy at Mizuho
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06:10 EDTKORSMichael Kors implied volatility of 24 at lower end of index mean range
April 17, 2015
09:48 EDTUAUnder Armour April weekly volatility elevated into Q1 and outlook
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08:06 EDTUAUnder Armour price target raised to $91 from $85 at Cowen
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07:34 EDTUAUnder Armour golf business accelerating after Spieth win, says Piper Jaffray
Piper Jaffray analyst Erinn Murphy says shore checks show Under Armour's golf business is seeing accelerating momentum since Jordan Spieth's Masters win last weekend. Murphy believes golf sales for Under Armour can double and reach more than $400M in the next few years. She raised her price target for shares to $93 from $90 and keeps an Overweight rating on the name ahead of the company's Q1 results on Tuesday. Deutsche Bank this morning also raised its price target for Under Armour shares to $93. The stock closed yesterday up $1.50 to $85.71.
07:20 EDTUAUnder Armour price target raised to $93 from $85 at Deutsche Bank
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April 16, 2015
09:55 EDTKORSMichael Kors view changed to Mixed from Positive at OTR Global (pre-open)
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05:55 EDTKORSCoach upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Joan Payson upgraded Coach to Overweight citing greater confidence in the designer's ability to grow domestic store comps with its turnaround "well underway." She expects Coach's competitive pressures to ease and raised her price target for shares to $50 from $38. The maker of handbags closed yesterday down 28c to $41.76. Payson also lowered her price target for shares of Michael Kors (KORS) to $60 from $70 and keeps an Equal Weight rating on the name. She believes Kors may soon be in need of transformation. The analyst keeps an Equal Weight rating on Tiffany (TIF), calling the company a "work in progress."
April 14, 2015
08:21 EDTUAUnder Armour one of best growth stories in retail, says Canaccord
Canaccord called Under Armour one of the best growth stories in retail and said it expects solid Q1 results from the company on April 21. The firm sees a robust sales growth trajectory, led by footwear, international, and women's products. Canaccord reiterated its Buy rating and $97 price target on Under Armour shares.
April 13, 2015
08:32 EDTUAUnder Armour rises after Spieth brings attention to golf gear
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06:22 EDTGPSGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
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