New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 10, 2014
08:26 EDTSKXSkechers should be bought ahead of Q4 results, says Susquehanna
Susquehanna recommends buying Skechers ahead of the company's Q4 results, based on what the firm sees as the company's continued growth momentum and significant margin opportunity. The firm's checks indicate that the company's performance has strengthened. and it thinks the company's results could beat expectations. The firm keeps a Positive rating on the stock.
News For SKX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 16, 2014
12:52 EDTSKXSkechers nears session lows, levels to watch
Subscribe for More Information
12:40 EDTSKXSkechers decline on December sales concerns unwarranted, analyst says
Shares of footwear maker Skechers (SKX) are falling, but research firm Sterne Agee suggested that the decline is based on inaccurate information. WHAT'S NEW: The volatility in Skechers' stock today was likely due to commentary suggesting that the company's December sales have been disappointing, Sterne Agee analyst Sam Poser wrote in a note to investors today. Most of Skechers' customers say that sales of the company's footwear continue to rise by at least 10% annually, Poser reported after speaking with a number of customers. Moreover, large retailers expect sales of Skechers' products to rise by at least 10% next year, the analyst stated. Skechers' momentum is continuing, according to Poser, who identified the stock as a top pick and kept a $70 price target and Buy rating on the shares. PRICE ACTION: In early afternoon trading, Skechers fell 4.5% to $54.85.
10:51 EDTSKXSkechers weakness based on inaccurate information, says Sterne Agee
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use