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Stocks Hitting 52-Week Lows
Monday, June 13, 2016 - 9:23am | 184Mirati Therapeutics, Inc. (NASDAQ: MRTX) shares fell 2.22 percent to touch a new 52-week low of $7.91. Mirati Therapeutics shares have dropped 73.94 percent over the past 52 weeks, while the S&P 500 index has increased 0.09 percent in the same period. Marinus Pharmaceuticals Inc (NASDAQ: MRNS...
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6 Largest Price Target Changes Of Thursday
Thursday, June 9, 2016 - 8:31am | 187Citi raised the price target for Qorvo Inc (NASDAQ: QRVO) from $40 to $57. Qorvo shares gained 0.04 percent to $56.06 in pre-market trading. Deutsche Bank lowered the price target on Restoration Hardware Holdings Inc (NYSE: RH) from $50 to $35. Restoration Hardware shares fell 19.44 percent to $...
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Mid-Afternoon Market Update: Oil Rises Above $51; Fibrocell Science Shares Tumble
Wednesday, June 8, 2016 - 2:30pm | 730Toward the end of trading Wednesday, the Dow traded up 0.33 percent to 17,997.14 while the NASDAQ climbed 0.26 percent to 4,974.58. The S&P also rose, gaining 0.30 percent to 2,118.57. Leading and Lagging Sectors Wednesday afternoon, the basic materials sector proved to be a source of...
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lululemon Q1'16 Earnings Conference Call: Full Transcript
Wednesday, June 8, 2016 - 1:13pm | 5396Operator: Good day, ladies and gentlemen, and welcome to the Lululemon Athletica (NASDAQ: LULU) First Quarter 2016 Results Conference Call. At this time, all participants are in a listen- only mode. Later, we will conduct a question-and- answer session and instructions will follow at...
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Mid-Day Market Update: VeriFone Drops Following Earnings Miss; Ashford Hospitality Prime Shares Surge
Wednesday, June 8, 2016 - 11:09am | 726Midway through trading Wednesday, the Dow traded up 0.19 percent to 17,972.86 while the NASDAQ climbed 0.06 percent to 4,964.79. The S&P also rose, gaining 0.12 percent to 2,114.69. Leading and Lagging Sectors Wednesday morning, the basic materials sector proved to be a source of strength for...
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Benzinga's Volume Movers
Wednesday, June 8, 2016 - 9:46am | 221Helios and Matheson Analytics Inc (NASDAQ: HMNY) surged 45.24 percent to $16.34. The volume of Helios and Matheson Analytics shares traded was 2027 percent higher than normal. Helios and Matheson Analytics shares have jumped 387.01 percent over the past 52 weeks, while the S&P 500 index has...
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Mid-Morning Market Update: Markets Open Higher; Lululemon Reports Mixed Q1 Results
Wednesday, June 8, 2016 - 9:14am | 699Following the market opening Wednesday, the Dow traded up 0.41 percent to 18,011.24 while the NASDAQ climbed 0.28 percent to 4,975.64. The S&P also rose, gaining 0.33 percent to 2,119.07. Leading and Lagging Sectors Wednesday morning, the basic materials sector proved to be a source of...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher; Lululemon Profit Misses Views
Wednesday, June 8, 2016 - 6:47am | 482Pre-open movers US stock futures traded higher in early pre-market trade. The job openings report for April will be released at 10:00 a.m. ET, while EIA's report on petroleum inventories will be released at 10:30 a.m. ET. Futures for the Dow Jones Industrial Average jumped 22 points to 17,956,...
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Earnings Scheduled For June 8, 2016
Wednesday, June 8, 2016 - 3:54am | 522Lululemon Athletica inc. (NASDAQ: LULU) is estimated to report its quarterly earnings at $0.31 per share on revenue of $487.67 million. Restoration Hardware Holdings Inc (NYSE: RH) is expected to post its quarterly earnings at $0.05 per share on revenue of $452.14 million. Greif, Inc. (NYSE: GEF...
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3 Luxury Retail Trends to Watch This Week
Wednesday, June 1, 2016 - 9:21am | 444While saying that 2Q is likely to remain challenging for the luxury retail sector, Morgan Stanley’s Elena Mariani cited three trends to monitor - high inventory levels, persistent watch weakness, and Mainland China signs of growth. The luxury sector witnessed an increasingly volatile...
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Weakness In Retail Could Provide Buying Opportunity In Specialty
Monday, May 16, 2016 - 5:45pm | 203FBR Capital's Susan Anderson issued a first-quarter earnings preview for the Specialty Retail & Apparel group Monday morning. The analyst highlighted lower expectations, but pointed to opportunity in a handful of companies. "Our specialty retail coverage is off –13% over the...
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Near-Term Execution On Inventory, Price Increases Carrying Lululemon, To Goldman's Surprise
Thursday, March 31, 2016 - 9:15am | 293Lululemon Athletica inc. (NASDAQ: LULU) reported upbeat 4Q results on March 30. Goldman Sachs’ Lindsay Drucker Mann maintained a Sell rating for the company, while raising the price target from $43 to $48. What The Results Say Lululemon reported its 4Q EPS ahead of the GS and consensus...
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Mid-Afternoon Market Update: FormFactor Drops On Weak Forecast; ConforMIS Shares Gain
Wednesday, March 30, 2016 - 1:31pm | 588Toward the end of trading Wednesday, the Dow traded up 0.50 percent to 17,721.63 while the NASDAQ gained 0.51 percent to 4,871.23. The S&P also rose, gaining 0.47 percent to 2,064.71. Leading and Lagging Sectors On Wednesday, energy shares jumped by 1.06 percent. Meanwhile, top gainers in the...
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Mid-Day Market Update: ACADIA Pharmaceuticals Rises Following FDA Panel Vote; Verint Systems Shares Slide
Wednesday, March 30, 2016 - 11:05am | 577Midway through trading Wednesday, the Dow traded up 0.55 percent to 17,729.78 while the NASDAQ gained 0.54 percent to 4,872.85. The S&P also rose, gaining 0.52 percent to 2,065.63. Leading and Lagging Sectors On Wednesday, energy shares jumped by 1.08 percent. Meanwhile, top gainers in the...
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Benzinga's Volume Movers
Wednesday, March 30, 2016 - 9:08am | 192ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) shares rose 12.37 percent to $26.75. The volume of ACADIA Pharmaceuticals shares traded was 634 percent higher than normal. A U.S. Food and Drug Administration panel voted 12-2 on Tuesday that Acadia's drug pimavanserin, a treatment for psychosis...