New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2014
10:44 EDTTIF, ROST, VRA, SIG, AEO, FOSL, TJXAnalyst sees storm to reduce Q4 retail sales by about 1%
The winter storm hitting the Northeast is likely to reduce retailers' sales by about 1% in their fourth quarter, Citigroup estimated. WHAT'S NEW: The storm will likely cause many shoppers to stay home between Thursday and Saturday in the Northeast and Midwest, Citigroup analyst Oliver Chen wrote in a note to investors. The snowfall yesterday and today, followed by very low temperatures on Saturday, will keep many customers in the affected regions to stay out of stores, the analyst explained. Last year, store traffic during the first Thursday to Saturday in January made up 3%-4% of retailers' total fourth quarter traffic, Chen estimated. Retailers with the most stores in the areas affected by the storm include Vera Bradley (VRA), TJX (TJX), and American Eagle (AEO), the analyst wrote. Retailers with the lowest number of stores in the affected areas include Ross Stores (ROST) and Fossil (FOSL), according to Chen. Also likely to be less affected by the storm than many retailers are companies that specialize in selling jewelry, including Tiffany (TIF) and Signet Jewelers (SIG), he added. The storm is not likely to impact sales of Valentine Day's gifts, Chen explained. PRICE ACTION: In midday trading, Vera Bradley rose 1% to $24.25, TJX added 0.8% to $64, American Eagle advanced 0.5% to $14.80, Ross Stores gained 0.5% to $74.65, Fossil was up 0.8% to $119, Tiffany lost 0.2% to $92.35, and Signet Jewelers was 1% higher to $79.50.
News For VRA;TJX;AEO;ROST;FOSL;SIG;TIF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 >>
November 13, 2015
06:46 EDTFOSLFossil price target lowered to $25 from $46 at Piper Jaffray
Subscribe for More Information
05:45 EDTFOSLFossil price target lowered to $40 from $56 at Nomura
Subscribe for More Information
05:30 EDTFOSLFossil implied volatility of 62 at upper end of index mean range
November 12, 2015
19:00 EDTTJX, FOSLOn The Fly: After Hours Movers
UP AFTER EARNINGS: USA Technologies (USAT), up 15.9%... Blue Buffalo (BUFF), up 7.3%... Planet Fitness (PLNT), up 12.3%... Darling Ingredients (DAR), up 8.1%... Applied Materials (AMAT), up 3.8%... Lipocine (LPCN), up 19.9% after reporting quarterly results and that the FDA has assigned a Prescription Drug User Fee Act goal date of June 28, 2016. ALSO HIGHER: Syngenta (SYT), up 14.5% after Bloomberg reported that the company rejected an initial $42B bid from ChemChina... Yum! Brands (YUM), up 4.1% after reporting that October China Same-Store Sales are up 5%. DOWN AFTER EARNINGS: bebe stores (BEBE), down 10.5%... Nordstrom (JWN), down 20.3%... Fossil (FOSL), down 14.7%... Cisco (CSCO), down 4.8%... El Pollo LoCo (LOCO), down 8.7%... Tahoe Resources (TAHO), down 7.2%. ALSO LOWER: Paycom Software (PAYC), down 5.2%... Netflix (NFLX) down 1% after Dow Jones reported that Hulu, a joint venture of Disney (DIS), Comcast (CMCSA, CMCSK), and Fox (FOX, FOXA), is in discussions to sell a stake in the company to Time Warner (TWX)... TJX Companies (TJX), down 4%, Burlington Stores (BURL), down 5.3%, Macy's (M), down 1.6%, Target (TGT), down 1.9%, J.C. Penney (JCP), down 1.4%, and Kohl's (KSS), down 1.3%, after Nordstrom reported quarterly results and cut its fiscal 2015 guidance.
18:38 EDTTJXDepartment store stocks drop after Nordstrom reports Q3 earnings, cuts guidance
Shares of Nordstrom (JWN) slipped in after-hours trading after the department store reported its third quarter results and cut its guidance for fiscal year 2015. WHAT'S NEW: Nordstrom reported Q3 earnings per share of 42c, against analyst estimates of 72c, Q3 revenue of $3.24B below consensus estimates of $3.37B, and Q3 same-store sales of 0.9%. The company lowered its FY15 adjusted EPS view to $3.40-$3.50 from $3.70-$3.80, against analyst expectations of $3.75, lowered its FY15 revenue guidance to up 7.5%-8% from 8.5%-9.5%, and lowered its FY15 SSS view to 2.5%-3% from 3.5%-4.5%. WHAT'S NOTABLE: Nordstrom reported that Q3 EPS included a reduction of 15c, which primarily represented transaction costs associated with the closing of its credit card portfolio sale. In its Q3 earnings release, Nordstrom said that its performance was below company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories. The company noted that its top-performing merchandise category was Cosmetics. In addition, coats, younger customer-focused departments and dresses continued to reflect strength in Women's Apparel. PRICE ACTION: Shares of Nordstrom are trading lower by 20.55% to $50.45 in the after-hours. OTHERS TO WATCH: Retailers that followed Nordstrom downward included TJX Companies (TJX), down 4%, Burlington Stores (BURL), down 5.3%, Macy's (M), down 1.6%, Target (TGT), down 1.9%, J.C. Penney (JCP), down 1.4%, and Kohl's (KSS), down 1.3%.
16:11 EDTFOSLFossil drops sharply after results, Misfit acquisition, outlook
Subscribe for More Information
16:10 EDTFOSLFossil down 12.3% to $44.91 in after-hours trading following Q3 results
Subscribe for More Information
16:09 EDTFOSLFossil says Q3 was negatively impacted by strength of U.S. dollar
Subscribe for More Information
16:09 EDTFOSLFossil continues to see FY15 'significantly' negatively impacted by FX changes
For FY15, the company continues to expect that its results will be significantly negatively impacted by foreign currency changes as well as restructuring charges, which were largely recorded in the first half of the fiscal year.
16:06 EDTFOSLFossil to acquire Misfit for $260M
Subscribe for More Information
16:04 EDTFOSLFossil sees FY15 adjusted EPS $5.60-$6.20, consensus $5.08
Subscribe for More Information
16:03 EDTFOSLFossil sees Q4 adjusted EPS $1.40-$2.00, consensus $2.12
Sees Q4 revenue to decrease in the range of 16.0% to 7.0%.
16:02 EDTFOSLFossil reports Q3 EPS $1.19, consensus $1.13
Reports Q3 revenue $771.3M, consensus $794.36M.
14:30 EDTFOSLNotable companies reporting after market close
Subscribe for More Information
14:24 EDTFOSLFossil remains in downtrend ahead of earnings
The stock has been in a strong downtrend since November of 2013, with price last at $51.56 ahead of earnings. Shares are near an important support area at $50. If the news is a strong negative surprise and the $50 is broken on the downside, next support would be at $47.96 and then at $46.25. If the news is instead a bullish surprise, the first level of important resistance on the upside would be at the 10-week moving average at $54.82. A breakout above the 10-week would break the current downtrend leg. Next resistance levels to watch in that event would be at $55.38 and then at $58.65.
13:58 EDTFOSLFossil November weekly 52 straddle priced for 11.5% movement into Q3
08:09 EDTFOSLFossil volatility increases into Q3 and outlook
Fossil November weekly call option implied volatility is at 195, November is at 100, December is at 55; compared to its 52-week range of 20 to 61, suggesting large near term price movement into the expected release of Q3 results today.
November 11, 2015
13:45 EDTFOSLOptions with increasing put volume: CG NBG BV JWN ASNA SYF FOSL
Subscribe for More Information
12:56 EDTROSTOptions with increasing call volume
Subscribe for More Information
12:37 EDTTJXTJX volatility elevated into Q3 and outlook
Subscribe for More Information
1 | 2 | 3 | 4 | 5 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use