News Breaks |
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| March 10, 2013 |
| 18:39 EDT |  | YUM, COH, WMT, GPS, NKE | China's economic data show weakest beginning since 2009, Bloomberg says
China’s industrial output had the slowest start to a year since 2009 and lending and retail sales growth slowed, says Bloomberg. Reference Link |
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News For YUM;COH;WMT;GPS;NKE From The Last 14 Days Check below for free stories on YUM;COH;WMT;GPS;NKE the last two weeks. |
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| May 24, 2013 |
| 12:01 EDT |  | NKE | Footwear shares slip after Foot Locker says sales flat this month
A number of footwear stocks are retreating after footwear retailer Foot Locker (FL) said its comparative sales were unchanged so far this month. WHAT'S NEW: Foot Locker reported slightly stronger than expected first quarter results earlier today, but stated that its sales at comparative stores were approximately flat so far this month, versus the same period in 2012. However, the retailer added that its comparative sales growth should accelerate in coming weeks. Moreover, Foot Locker stated that it continues to expect its sales to increase by mid single digit percentage levels this year. TODAY'S PRICE ACTION: In late morning trading, other footwear retailers dropped, with Finish Line (FINL) declining 2.3% to $21.10 and DSW (DSW) giving back 1.6% to $68.80. Nike (NKE) dropped 1.5% to $62.35, and Foot Locker slid 7% to $33.25. |
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| 10:06 EDT |  | GPS | Gap trades lower after results, levels to watch
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| 07:49 EDT |  | GPS | Gap remains a top pick following Q1 results at Jefferies
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| May 23, 2013 |
| 18:54 EDT | | GPS | On The Fly: After Hours Movers
UP AFTER EARNINGS: Pandora (P), up 9%... Infoblox (BLOX) up 16.8%... Marvell (MRVL), up 7.3%. DOWN AFTER EARNINGS: Sears Holding (SHLD), down 11.6%... salesforce.com (CRM), down 6.2%... Gap (GPS), down 3.2%... Aeropostale (ARO), down 3.1%. ALSO LOWER: AVEO Pharmaceuticals (AVEO), down 12.9% after disclosing that its partner Astellas will not submit an EMA marketing application for tivozanib... Titan Machinery (TITN), down 12.4% after saying it sees first quarter earnings below consensus and the company cut its full-year earnings view. |
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| 17:30 EDT | | GPS | Gap sees Q4 results negatively impacted from foreign currency headwinds
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| 16:07 EDT | | GPS | Gap expects to open about 160 company owned stores in FY13
In FY13, the company expects to open about 160 company-operated stores, focused on Athleta, Gap China, Old Navy Japan, and global outlet stores. The company expects that it will close about 80 company-operated stores. The closures are weighted towards Gap North America, consistent with the company's previously stated strategy. Given its focus on growing through new channels and geographies, the company continues to expect square footage to increase about 1% in FY13. For FY13, the company continues to expect capital spending to be approximately $675M in support of its outlined strategies. The company continues to expect that operating margin for FY13 will be about 13%. |
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| 16:03 EDT | | GPS | Gap reports Q1 Gap Global SSS up 3% vs. up 2% last year
Reports Q1 Old Navy Global SSS up 3% versus up 4% last year; Banana Republic Global SSS flat versus up 5% last year. |
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| 16:02 EDT |  | GPS | Gap reaffirms FY13 EPS view $2.52-$2.60, consensus $2.73
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| 16:00 EDT | | GPS | Gap reports Q1 EPS 71c, consensus 69c
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| 15:52 EDT |  | GPS | Gap May 41 weekly straddle priced for 3.1% movement into Q1
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| 15:24 EDT | | GPS | Notable companies reporting after market close
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| May 22, 2013 |
| 19:29 EDT | | GPS | Gap shares may be overheated, WSJ says
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| May 21, 2013 |
| 14:50 EDT | | WMT, GPS, NKE | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link |
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| 14:09 EDT | | WMT | Waste Management volatility low as shares rally to record high
Waste Management overall option implied volatility of 15 is below its 26-week average of 17 according to Track Data, suggesting decreasing price risk. |
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| 10:00 EDT |  | COH | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna. |
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| 07:32 EDT |  | WMT | CTIA–The Wireless Association to host a conference
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| 07:29 EDT | | GPS | Gap May volatility elevated, shares at 13-year high into Q1 and outlook
Gap May weekly call option implied volatility is at 56, June is at 31, July and September is at 28; compared to it 26-week average of 33 according to Track Data, suggesting larger near price movement into the expected release of Q1 results on May 23. |
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| 06:12 EDT | | COH | Coach downgraded to Equal Weight from Overweight at Morgan Stanley
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| May 20, 2013 |
| 07:31 EDT | | WMT | Retailers can open warehouses in India areas against FDI, Economic Times says
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| May 17, 2013 |
| 07:48 EDT | | WMT | Wal-Mart valuation profile seems sustainable, says RW Baird
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