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Stock Market & Financial Investment News

News Breaks
January 2, 2013
05:42 EDTROSTRoss Stores downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Ross Stores citing valuation and a lack of catalysts. The firm lowered its price target for shares to $60 from $70.
News For ROST From The Last 14 Days
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November 20, 2014
18:21 EDTROSTOn The Fly: After Hours Movers
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16:03 EDTROSTRoss Stores up 2.8% after reporting Q3 results
16:03 EDTROSTRoss Stores sees FY14 EPS $4.28-$4.32, consensus $4.27
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16:02 EDTROSTRoss Stores sees Q4 EPS $1.05-$1.09, consensus $1.10
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16:01 EDTROSTRoss Stores reports Q3 EPS 93c, consensus 87c
Reports Q3 revenue $2.6B, consensus $2.55B. Reports Q3 SSS up 4%.
15:36 EDTROSTRoss Stores technical comments before earnings
The shares touched a new life high today at $83.54 ahead of earnings news. Traders should note that the new high is a marginal new high compared to the price peak of November of last year. For the stock to be on a new bullish leg up, price needs to move well-past that prior peak. At current price it would not be a stretch for the shares to trade in the $85 to $90 area on solid news with good guidance. On worse than expected news or outlook a first test down to the $80 area would be probable. Depending on the nature of the news, an additional set of support levels to watch as potential downside objectives would be at $78.11, $75.53, and $74.67.
15:28 EDTROSTNotable companies reporting after market close
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November 14, 2014
10:00 EDTROSTOn The Fly: Analyst Downgrade Summary
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08:15 EDTROSTRoss Stores downgraded to Sell at Canaccord
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06:36 EDTROSTRoss Stores downgraded to Sell from Hold at Canaccord
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