New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
10:56 EDTYNDX, GSVC, JBL, GES, XONEOptions with decreasing implied volatility: YNDX GSVC JBL GES XONE
News For YNDX;GSVC;JBL;GES;XONE From The Last 14 Days
Check below for free stories on YNDX;GSVC;JBL;GES;XONE the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 28, 2014
07:15 EDTGESGuess price target lowered to $21 from $25 at Piper Jaffray
Piper Jaffray cut its price target on Guess after the company reported weaker than expected Q2 results and lowered its guidance. The firm keeps a Neutral rating on the shares.
06:04 EDTYNDXYandex volatility expected to move on Russian military invasion
Subscribe for More Information
August 27, 2014
18:38 EDTGESOn The Fly: After Hours Movers
Subscribe for More Information
16:10 EDTGESGuess drops 8% after Q2 miss, lower than expected guidance
Subscribe for More Information
16:10 EDTGESGuess now sees FY15 EPS $1.05-$1.20, consensus $1.46
Subscribe for More Information
16:08 EDTGESGuess sees Q3 EPS 15c-20c, consensus 37c
Sees Q3 revenue $590M-$600M, consensus $612.98M. Sees Q3 operating margin between 3.5% and 4.5%.
16:07 EDTGESGuess reports Q2 EPS 26c, consensus 29c
Subscribe for More Information
15:27 EDTGESNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Workday (WDAY), consensus (14c); Williams-Sonoma (WSM), consensus 53c; Bally Technologies (BYI), consensus $1.22; Guess (GES), consensus 29c; Lannett (LCI), consensus 58c; Greif (GEF), consensus 84c.
15:08 EDTGESGuess technical comments ahead of results
In the past three months the stock has underperformed most indexes, trading down by over 4%. The trend since early July has been bearish. Sentiment in the name is strongly bearish, with over 12% of the float short according to the most recent report. On good news that exceeds even bullish expectations, this large short-base could lead to a short-covering squeeze. In that event, resistance levels to watch as potential upside objectives are at $27.30, $28.45, and $31.55. It would take a move above $35 to turn the longer-term trend bullish again. On bad news that is worse than the most pessimistic estimates, support would be at $24.60 which is the 52-week low. On a breakdown below that low, next supports would be at $22.66 and $19.56 on an extreme move.
13:02 EDTGESGuess September volatility elevated into Q2 and outlook
Subscribe for More Information
August 25, 2014
05:36 EDTYNDXYandex appoints CFO Shulgin as COO, Greg Abovsky promoted to CFO
Yandex announced changes in its senior management team. Alexander Shulgin, currently the group's CFO, has been appointed COO of Yandex's Russian business, effective September 1. In his new role, Shulgin will be the principal executive in charge of operations of Yandex's Russian business. Greg Abovsky will be promoted to CFO to replace Shulgin, also effective September 1. Abovsky joined Yandex as its vice president of Investor Relations in January 2013 and took on the additional role of VP of Corporate Development in October 2013.
August 22, 2014
12:08 EDTGESGap hits 52-week high following beat and raise quarter
Shares of specialty apparel retailer The Gap (GPS) are advancing after the company posted better than expected second quarter results, and raised its fiscal 2014 profit outlook. WHAT'S NEW: Last night, Gap reported Q2 earnings per share of 75c and revenue of $3.98B, topping analysts’ consensus estimates of 69c and $3.96B, respectively. Q2 same store sales were flat versus the prior year period. WHAT’S NOTABLE: For FY14, Gap raised its EPS view to $2.95-$3.00 from $2.90-$2.95, versus consensus of $2.95. The company updated its guidance for FY14 diluted EPS to reflect the 5c related to the gain on asset sale. For FY14, the company continues to expect capital spending to be approximately $750M in support of its outlined strategies. Gap also announced it will enter India through franchise-operated Gap brand stores in 2015. Gap is partnering with Arvind Lifestyle Brand Limited, a subsidiary of Arvind Limited, which is one of India’s largest textile companies. The first stores are expected to open in India’s two largest cities – Mumbai and Delhi – starting with Gap’s Summer 2015 collection for adults, kids and babies. The brand plans to open about 40 franchise-operated Gap stores in India. ANALYST REACTION: This morning, analyst commentary was decidedly positive. Research firm Janney Capital upgraded Gap to Buy from Neutral. The firm upgraded shares based on the overall improving Softlines sector due to an inventory correction, Old Navy strength, global opportunities, potential improved gross margin returns on inventory investment, and best-in-class management. Their price target on the shares is $51. Another firm, UBS, said Gap is well positioned for second half upside citing its Omni-channel advantage, shift to higher margin businesses, increased square footage, and modestly positive comps driven by ecommerce. UBS has a Buy rating and a $50 price target on the stock. Sterne Agee says Gap’s valuation is very attractive. The firm believes that Gap's fundamentals are improving, while the setup for the stock over the next 12-18 months is favorable. It adds that the company's gross margins should be boosted by several factors going forward, and it kept a Buy rating on the shares. PRICE ACTION: In late morning trading, Gap rose $2.04, or 4.7%, to $45.22 on heavy trading volume. Earlier in the session, it reached a new 52-week high of $45.47. Including today’s advance, the stock has gained over 7.5% over the past twelve months. OTHERS TO WATCH: Other specialty apparel companies include Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), Guess (GES), and The Buckle (BKE).
10:06 EDTGESGuess upgraded to Buy from Hold at Standpoint Research
Subscribe for More Information
August 21, 2014
10:07 EDTGESGuess falls after Chief Design Officer latest to leave
Subscribe for More Information
09:33 EDTYNDXYandex downgraded to Neutral from Buy at Goldman
Subscribe for More Information
09:07 EDTGESOn The Fly: Pre-market Movers
Subscribe for More Information
06:43 EDTGESGuess management turnover concerning, says Piper Jaffray
Piper Jaffray says it remains concerned with the continued pattern of management turnover at Guess after the company disclosed the departure of its Chief Design Officer. Piper believes it will take longer to turn around the Guess brand and keeps a Neutral rating on the stock.
06:40 EDTGESGuess discloses resignation of Chief Design Officer
Subscribe for More Information
August 19, 2014
10:13 EDTGESOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CNOOC (CEO) downgraded to Hold from Buy at Jefferies... Guess (GES) downgraded to Neutral from Overweight at Piper Jaffray... Ingersoll-Rand (IR) downgraded at RW Baird... Lehigh Gas (LGP) downgraded to Neutral from Buy at Ladenburg... Lexicon (LXRX) downgraded to Hold from Buy at Gabelli... Monster Beverage (MNST) downgraded to Neutral from Buy at SunTrust... Nobel Biocare (NBHGY) downgraded to Hold from Buy at Berenberg... Saint Joe Co. (JOE) downgraded to Market Perform from Outperform at Raymond James... SolarCity (SCTY) downgraded at RW Baird.
06:12 EDTGESGuess downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded Guess to Neutral saying the company's turnaround could take more time to play out.
1 | 2 | all recent news | >>

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