|February 13, 2013|
|12:05 EDT||RVBD, FOSL, YELP, AKAM, SPWR||Options with deceasing implied volatility: RVBD FOSL YELP AKAM SPWR|
News For RVBD;FOSL;YELP;AKAM;SPWR From The Last 14 Days
Check below for free stories on RVBD;FOSL;YELP;AKAM;SPWR the last two weeks.
|August 31, 2014|
|14:05 EDT||AKAM||Drexel Hamilton to hold a conference|
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|13:20 EDT||RVBD||Citigroup to hold a conference|
Global Technology Conference to be held in New York on September 2-4.
|August 27, 2014|
|09:53 EDT||AKAM||On The Fly: Analyst Initiation Summary|
Bristol-Myers (BMY) initiated with a Hold at Deutsche Bank... ASML (ASML) initiated with a Hold at Stifel... Akamai (AKAM) initiated with an Outperform at RW Baird... Concur (CNQR) initiated with a Neutral at DA Davidson... CyrusOne (CONE) initiated with a Neutral at Citigroup... Eli Lilly (LLY) initiated with a Buy at Deutsche Bank... Garmin (GRMN) initiated with a Neutral at RW Baird... Merck (MRK) initiated with a Hold at Deutsche Bank... NetSuite (N) initiated with a Buy at DA Davidson... Oracle (ORCL) initiated with a Neutral at DA Davidson... Oxford Industries (OXM) initiated with a Buy at Wunderlich... Pfizer (PFE) initiated with a Buy at Deutsche Bank... ServiceNow (NOW) initiated with a Buy at DA Davidson... Workday (WDAY) initiated with a Neutral at DA Davidson... MannKind (MNKD) initiated with a Buy at Jefferies... STMicroelectronics (STM) initiated with an Underperform at Credit Suisse... Kirkland's (KIRK) initiated with an Outperform at Barrington.
|August 26, 2014|
|16:22 EDT||AKAM||Akamaiinitiated with an Outperform at RW Baird|
|11:31 EDT||FOSL||Movado tumbles after second quarter results, outlook miss estimates|
Shares of luxury watch maker Movado (MOV) are falling after the company's second quarter results and fiscal 2015 outlook missed analysts' consensus estimates. WHAT'S NEW: This morning, Movado reported Q2 adjusted earnings per share of 44c and revenue of $143.6M, missing analysts' consensus estimates of 54c and $152.99M, respectively. Q2 gross profit was 54% of sales, compared to 54.1% of sales, in the prior year period. Gross margin percentage remained relatively flat as a result of the unfavorable impact of changes in foreign currency exchange rates, offset by the leverage gained on certain fixed costs due to increased sales. WHAT'S NOTABLE: Movado forecast FY15 EPS of $2.44, slightly short of the consensus of $2.46. FY15 revenue was seen at $640M, compared to consensus of $640.17M, while FY15 gross margin is expected to be approximately flat, year over year. Efraim Grinberg, Chairman and CEO, stated , "We anticipate our sales growth to accelerate during the second half of the year, as strong sell-through rates at retail are expected to drive new shipments and replenishment growth and we continue to benefit from the expansion of our Movado and licensed brands around the world. We will also continue to invest in our infrastructure and growth initiatives, including investments in Asia and Latin America. We continue to believe that our strategies have us positioned to achieve our goal of delivering sustainable profitable growth." PRICE ACTION: In late morning trading, Movado fell $3.08, or about 7%, to $40.96 on heavy trading volume. Despite today's pull back, the stock is up almost 8% over the past 12 months. OTHERS TO WATCH: Movado's peer, Fossil Group (FOSL), is up 0.2% on the session.
|August 25, 2014|
|10:30 EDT||YELP||Yelp at high of day, up 2% after GrubHub halted for pending news|
|August 24, 2014|
|21:56 EDT||YELP, AKAM||B. Riley to hold a tour|
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.