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News Breaks | | | | November 21, 2012 | | 14:36 EDT |  | SKX | Skechers volatility low as shares rally on Susquehanna boosting price target
Skechers December call option implied volatility is at 33, January is at 35, April is at 40; compared to its 26-week average of 45 according to Track Data, suggesting decreasing price movement as shares rally on Susquehanna boosting its price target for the fifth time this year, to $22 from $19. | |
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News For SKX From The Last 14 Days Check below for free stories on SKX the last two weeks. |
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| May 15, 2013 | | 16:13 EDT |  | SKX | Skechers trades higher after results, first look
Shares initially traded lower after earnings were released, but are now trading up over 5% to $22.25. At that price, next resistance is at $22.80 and then at $23.79. Support is at $22.11. | | | 16:04 EDT |  | SKX | Skechers sees Q3 growth significantly stronger than Q2
 Subscribe for More Information | | | 16:03 EDT |  | SKX | Skechers reports Q1 EPS 13c with items, consensus 19c
Subscribe for More Information | | | 15:11 EDT | | SKX | Notable companies reporting after market close
Subscribe for More Information | | | May 14, 2013 | | 08:54 EDT | | SKX | Skechers May volatility elevated at 81 into Q1 and outlook
Subscribe for More Information | | | 07:15 EDT |  | SKX | Judge approves $40M settlement in Skechers suit, AP reports
The $40M class-action settlement between Skechers and purchasers of the company's toning shoes has been approved by a federal judge, Associated Press reports.Reference Link | | | May 10, 2013 | | 13:27 EDT | | SKX | Skechers to delay filing Form 10-Q
Skechers is unable, without unreasonable effort or expense, to file a Quarterly Report on Form 10-Q for the fiscal quarter ended March 31 with the SEC, by the prescribed due date of May 10 because of previously disclosed events. As a result of the alleged insider trading activity by its now former partner and KPMG’s resulting resignation on April 8, KPMG notified the company its independence has been impaired and had no option but to withdraw its audit reports on the company’s financial statements for the fiscal years ended December 31, 2011 and 2012 and the effectiveness of internal control over financial reporting as of December 31, 2011 and 2012 and that such reports should no longer be relied upon as a result of KPMG’s lack of independence created by the circumstances described above. On April 24, the Company’s Audit Committee approved the appointment of BDO as the company’s new independent registered public accounting firm for the fiscal year ending December 31, 2013 and to re-audit the company’s financial statements for the fiscal years ended December 31, 2011 and 2012. Due to the limited amount of time since BDO’s appointment, BDO has not been able to complete its review of the company’s financial statements for the quarter ended March 31, and as a result, the company has not been able to file the First Quarter 10-Q by the prescribed due date of May 10 with reviewed quarterly financial statements in accordance with PCAOB Statement on Auditing Standards AU 722, Interim Financial Information, as required by SEC rules. The company expects to file the first quarter 10-Q no later than May 15, which is the fifth calendar day following the prescribed due date. | | | 13:22 EDT | | SKX | Skechers to delay filing Form 10-Q
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