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Stock Market & Financial Investment News

News Breaks
January 6, 2014
08:09 EDTSCSSSelect Comfort now sees Q4 EPS below the low end of 18c-26c view
Consensus is 22c. Reports Q4 preliminary total net sales up 5% y/y to $231M, consensus is $241.67M. Reports preliminary Q4 flat company-controlled comparable sales growth. The mid-point of the company’s Q4 EPS guidance range of 18c-26c assumed low-double-digit growth in total net sales and mid-single-digit growth in company-controlled comparable sales. Through November, company performance was trending consistent with the EPS guidance range, with solid sales results and expense controls. From Cyber Monday through the end of December, however, sales trends fell below internal goals. As a result, the company now expects Q4 EPS to be below the low end of its guidance range.
News For SCSS From The Last 14 Days
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January 27, 2015
10:00 EDTSCSSOn the Fly: Analyst Upgrade Summary
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09:17 EDTSCSSOn The Fly: Pre-market Movers
HIGHER: Silicon Image (SIMG), up 23% after signing agreement to be acquired by Lattice Semiconductor (LSCC)... USA Technologies (USAT), up 5% following nationwide roll-out of new Apple Pay points... TE Connectivity (TEL), up 3.9% following a Wall Street Journal report that the company is close to a deal with Commscope (COMM)... Select Comfort (SCSS), up 1% after being upgraded to Buy from Hold at Stifel. DOWN AFTER EARNINGS: Microsoft (MSFT), down 8.2%... Caterpillar (CAT), down 7.8%... Packaging Corp (PKG), down 8.3%... Peabody Energy (BTU), down 5.3%... Freeport-McMoRan (FCX), down 5.7%... Polaris Industries (PII), down 2.1%... United Technologies (UTX), down 2.3%... Procter & Gamble (PG), down 2.6%.
08:06 EDTSCSSStifel upgrades Select Comfort on product, marketing strength
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05:34 EDTSCSSSelect Comfort upgraded to Buy from Hold at Stifel
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