New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 6, 2014
10:49 EDTZQK, VFC, LULUQuiksilver rallies after UBS says takeover still possible
Shares of apparel maker Quiksilver (ZQK) are jumping after research firm UBS wrote that the company is still an attractive takeover target for VF Corp. (VFC), despite the weaker than expected results that Quiksilver reported on June 2. WHAT'S NEW: Although Quiksilver reported significantly weaker than expected Q2 results and the stock plunged, there are still strategic rationales for VF Corp. to buy the company, UBS contended. Among Quiksilver's features that make it attractive for VF Corp. are its emphasis on action and sports apparel, its strong brand, and its sustainable long-term growth, UBS believes. Additionally, Quiksilver could help VF Corp. reduce its dependence on winter apparel, the firm wrote. UBS kept Quiksilver on its top M&A target list. WHAT'S NOTABLE: VF Corp. operates like a private equity firm and should make one or two "significant" acquisitions every other year or so, ISI analyst Omar Saad wrote in his own note to investors on May 13. VF Corp. lacks a foothold in the strong and growing performance athletic apparel segment and a merger between it and lululemon (LULU) would be mutually beneficial, Saad contended at that time. PRICE ACTION: In mid-morning trading, Quiksilver climbed 8% to $3.62.
News For ZQK;VFC;LULU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 20, 2014
10:44 EDTVFCVF Corp dips lower after Q3 earnings miss consensus expectations
Subscribe for More Information
09:17 EDTVFCVF Corp. says 'on track' to add 150 new stores this year
Subscribe for More Information
09:09 EDTVFCVF Corp. says 'on track' to achieve FY14 growth expectations
Subscribe for More Information
07:03 EDTVFCVF Corp. raises FY14 EPS view to $3.08 from $3.06
Subscribe for More Information
07:01 EDTVFCVF Corp. increases quarterly dividend 22% to 32c per share
Subscribe for More Information
07:01 EDTVFCVF Corp. reports Q3 EPS $1.08, consensus $1.09
Reports Q3 revenue $3.5B, consensus $3.57B.
October 17, 2014
08:39 EDTVFCVF Corp. management to meet with JPMorgan
Subscribe for More Information
October 16, 2014
10:01 EDTLULUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Akamai (AKAM) downgraded to Market Perform from Outperform at Wells Fargo... CGG SA (CGG) downgraded to Reduce from Neutral at Nomura... Central Valley Community (CVCY) downgraded to Hold from Buy at Sandler O'Neill... DSM (RDSMY) downgraded to Neutral from Buy at Nomura... Disney (DIS) downgraded at Guggenheim... Francesca's (FRAN) downgraded to Underperform from Outperform at Macquarie... Netflix (NFLX) downgraded to Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to Reduce from Neutral at Nomura... Ternium (TX) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Neutral from Outperform at Macquarie... Viacom (VIAB) downgraded at BofA/Merrill... eBay (EBAY) downgraded to Underperform from Buy at CLSA... lululemon (LULU) downgraded to Underperform from Neutral at Macquarie.
05:39 EDTLULUlululemon downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded lululemon to Underperform after assuming coverage of the stock saying the company's expansion into Asia and Europe will drive a meaningful increase in spending. The firm lowered its price target for shares to $34 from $40.
October 13, 2014
14:02 EDTLULUlululemon's Q3 sales tracking below consensus, says ITG Research
Subscribe for More Information
October 12, 2014
17:10 EDTVFCVF Corp. shares could rise 25%, Barron's says
VF Corp. shares could rise 25%, according to UBS analyst Michael Binetti, driven by a 15% earnings increase in FY15, Barron's contends in a feature article, citing Michael Binetti. Reference Link
October 9, 2014
06:10 EDTLULUStocks with implied volatility below IV index mean; NKE LULU
Subscribe for More Information
October 8, 2014
18:33 EDTZQKQuiksilver holder Consac calls turnaround a failure, urges sale
Subscribe for More Information
06:00 EDTLULUStocks with implied volatility below IV index mean; ADHD LULU
Stocks with implied volatility below IV index mean; Alcobra (ADHD) 123, lululemon (LULU) 35 according to iVolatility.

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