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Mid-Day Market Update: Baxalta Shares Surge Amid Report Of Shire Interest; Canadian Solar Shares Slide
Monday, January 4, 2016 - 12:15pm | 576Read More...Midway through trading Monday, the Dow traded down 2.42 percent to 17,003.06 while the NASDAQ dipped 2.86 percent to 4,864.31. The S&P also fell, dropping 2.31 percent to 1,996.79. Leading and Lagging Sectors On Monday, utilities shares slipped by just 1.1 percent. Top gainers in the sector...
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4 Reasons Lululemon Has 25% Upside
Monday, January 4, 2016 - 11:17am | 236Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares are up almost 5 percent after analysts at Wells Fargo upgraded the stock to Outperform from Market Perform. The firm said "several key negative catalysts are now behind" the company: A tough third quarter, conservative views on the holidays...
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Benzinga's Volume Movers
Monday, January 4, 2016 - 10:36am | 199Read More...Baxalta Inc (NYSE: BXLT) shares rose 2.49 percent to $40.00. The volume of Baxalta shares traded was 165 percent higher than normal. Baxalta shares rose following Bloomberg report of a potential Shire PLC (ADR) (NASDAQ: SHPG) offer of as much as $48 per share. Lululemon Athletica inc. (NASDAQ...
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Jefferies Upgrades Lululemon, Calls Tiffany & Co Best Idea For 2016
Monday, January 4, 2016 - 10:34am | 488Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares are down 15 percent since July 4, while shares of Tiffany & Co. (NYSE: TIF) have lost 21 percent. Jefferies’ Randal J. Konik upgraded the rating for Lululemon to Buy, while raising the price target to $70. He maintained a Buy rating...
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Benzinga's Top Upgrades
Monday, January 4, 2016 - 8:51am | 299Read More...Wells Fargo upgraded Lululemon Athletica inc. (NASDAQ: LULU) from Market Perform to Outperform. Lululemon Athletica shares closed at $52.47 on Thursday. Analysts at Griffin Securities upgraded Unilife Corp (NASDAQ: UNIS) from undefined to Buy. Unilife shares closed at $0.495 on Thursday. Analysts...
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Benzinga's Top #PreMarket Gainers
Monday, January 4, 2016 - 8:13am | 179Read More...Unilife Corp (NASDAQ: UNIS) shares rose 112.08 percent to $1.050 in pre-market trading as the company announced a exclusivity agreement with Amgen, Inc. (NASDAQ: AMGN). Baxalta Inc (NYSE: BXLT) shares rose 4.66 percent to $40.89 in pre-market trading following Bloomberg report of a potential...
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Christmas Channel Checks Paint Lululemon A Loser, American Eagle A Winner, Analyst Says
Monday, December 28, 2015 - 9:08am | 495Read More...Shares of Lululemon Athletica inc. (NASDAQ: LULU) are up 1 percent in the last three months, while American Eagle Outfitters (NYSE: AEO) shares have lost 3 percent. FBR’s Susan Anderson maintained an Outperform rating on American Eagle and an Underperform rating on lululemon. A...
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Benzinga's Top Downgrades
Thursday, December 10, 2015 - 8:53am | 340Read More...Analysts at Morgan Stanley downgraded Huntington Bancshares Incorporated (NASDAQ: HBAN) from Overweight to Equal-weight. The price target for Huntington Bancshares is set to $12.50. Huntington Bancshares shares closed at $11.06 on Wednesday. Deutsche Bank downgraded Tesoro Corporation (NYSE: TSO)...
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Wedbush Cuts Target On lululemon To $56 Amid 'Inventory Overhang'
Thursday, December 10, 2015 - 8:36am | 280Read More...Shares of Lululemon Athletica inc. (NASDAQ: LULU) are down 29 percent in the last three months and trading close to their 52-week low of $43.14. Wedbush’s Morry Brown maintained an Outperform rating on the company, while reducing the price target from $78 to $56. Although inventory...
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Mid-Day Market Update: Crude Oil Rises 1.5%; AeroVironment Shares Jump Following Strong Results
Wednesday, December 9, 2015 - 12:16pm | 593Read More...Midway through trading Wednesday, the Dow traded down 0.01 percent to 17,566.53 while the NASDAQ declined 0.96 percent to 5,049.23. The S&P also fell, dropping 0.35 percent to 2,056.43. Leading and Lagging Sectors In trading on Wednesday, basic materials shares rose by 2.73 percent. Meanwhile,...
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Third Down Day for Stocks? Oil Complicating Picture for Fed, Markets
Wednesday, December 9, 2015 - 11:14am | 547Read More...Much of the broader stock market was on track to log a third straight down day in Wednesday’s session, reflecting ongoing sensitivity to weaker oil and a broader commodities tug. However, deal buzz helped the Dow Jones Industrial Average ($DJI) find traction. Crude actually drew mild...
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Mid-Morning Market Update: Markets Mixed; Vera Bradley Tops Q3 Views
Wednesday, December 9, 2015 - 10:06am | 549Read More...Following the market opening Wednesday, the Dow traded up 0.28 percent to 17,617.94 while the NASDAQ declined 0.35 percent to 5,080.55. The S&P also rose, gaining 0.11 percent to 2,065.88. Leading and Lagging Sectors In trading on Wednesday, basic materials shares rose by 1.46 percent....
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Benzinga's Top #PreMarket Losers
Wednesday, December 9, 2015 - 8:28am | 219Read More...AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) shares dipped 25.35 percent to $5.30 after the company reported the pricing of public offering of common shares and warrants. Oncothyreon Inc (USA) (NASDAQ: ONTY) fell 23.96 percent to $2.38 in pre-market trading after the company after the release of...
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Keep an Eye on These 7 Stocks for December 9, 2015
Wednesday, December 9, 2015 - 4:24am | 282Read More...Some of the stocks that may grab investor focus today are: Wall Street expects Lululemon Athletica inc. (NASDAQ: LULU) to report its quarterly earnings at $0.37 per share on revenue of $482.13 million. Lululemon shares fell 1.51 percent to $51.37 in after-hours trading. Smith & Wesson Holding...
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Earnings Scheduled For December 9, 2015
Wednesday, December 9, 2015 - 4:02am | 265Read More...Lululemon Athletica inc. (NASDAQ: LULU) is estimated to report its quarterly earnings at $0.37 per share on revenue of $482.13 million. Vera Bradley, Inc. (NASDAQ: VRA) is expected to report its quarterly earnings at $0.20 per share on revenue of $121.14 million. Men's Wearhouse Inc (NYSE: MW)...
