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US Stock Futures Edge Higher Ahead Of Jobs Data
Thursday, July 3, 2014 - 6:39am | 474Pre-open movers US stock futures traded higher in early pre-market trade, ahead of economic data. Data on nonfarm payroll employment, international trade and jobless claims will be released at 8:30 a.m. ET. The Markit PMI Services index for June will be released at 9:45 a.m. ET, while the ISM non-...
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Morning Market Movers
Monday, June 23, 2014 - 8:38am | 247Corinthian Colleges (NASDAQ: COCO) shares climbed 37.68% to $0.46 as the company and the US Department of Education announced a deal on transition plan. Nanosphere (NASDAQ: NSPH) gained 22.63% to $1.68 after the company reported a supply deal for molecular diagnostic with HealthTrust. Integrys...
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Benzinga's Top #PreMarket Gainers
Monday, June 23, 2014 - 7:07am | 209Corinthian Colleges (NASDAQ: COCO) shares jumped 51.36% to $0.51 in pre-market trading as the company and the US Department of Education announced a deal on transition plan. Integrys Energy Group (NYSE: TEG) shares gained 16.32% to $70.90 in pre-market trading after Wisconsin Energy (NYSE: WEC)...
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Benzinga's Weekend M&A Chatter
Sunday, June 22, 2014 - 4:58pm | 457The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 20 through Sunday June 22, 2014: Shire Rejects AbbVie Proposal The Rejection:Shire (NASDAQ: SHPG) confimred Friday, that on May 30, 2014, it received an unsolicited, conditional proposal from AbbVie (...
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Lululemon Athletica Founder Dennis Wilson Considers Options
Sunday, June 22, 2014 - 2:03pm | 86Lululemon Athletica (NASDAQ: LULU) founder Dennis Wilson has enlisted the services of Goldman Sachs to consider his options, which include selling his stake in the company or being part of a private-equity firm buyout, according to sources reported by Dow Jones. In response, Lululemon's board has...
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Benzinga's Volume Movers
Friday, June 20, 2014 - 9:28am | 165Shire plc (NASDAQ: SHPG) shares moved up 18.91% to $227.96. The volume of Shire shares traded was 972% higher than normal. Shire confirmed the rejection of Abbvie (NYSE: ABBV) bid. CarMax (NYSE: KMX) shares rose 14.51% to $51.85. The volume of CarMax shares traded was 858% higher than normal....
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Stocks Hitting 52-Week Lows
Friday, June 13, 2014 - 9:16am | 136Lululemon Athletica (NASDAQ: LULU) shares reached a new 52-week low of $36.30. JP Morgan downgraded lululemon athletica from Overweight to Neutral and lowered the price target from $56.00 to $42.00. Bed Bath & Beyond (NASDAQ: BBBY) shares tumbled 0.48% to touch a new 52-week low of $60.18. Bed...
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Benzinga's Top Downgrades
Friday, June 13, 2014 - 6:51am | 135Analysts at JP Morgan downgraded lululemon athletica (NASDAQ: LULU) from “overweight” to “neutral.” The target price for lululemon athletica has been lowered from $56 to $42. lululemon's shares closed at $37.25 yesterday. FBR Capital downgraded Cash America International (NYSE: CSH) from “...
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US Stock Futures Fall Ahead Of Consumer Sentiment Report
Friday, June 13, 2014 - 6:14am | 478Pre-open movers US stock futures traded lower in early pre-market trade, ahead of economic data. The producer price index for final demand will be released at 8:30 a.m. ET and the Reuter's/University of Michigan's consumer sentiment index for June will be released at 9:55 a.m. ET. Futures for the...
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Stocks Hitting 52-Week Lows
Thursday, June 12, 2014 - 9:11am | 146Cliffs Natural Resources (NYSE: CLF) shares fell 2.47% to reach a new 52-week low of $14.02. Cliffs Natural shares have dropped 17.21% over the past 52 weeks, while the S&P 500 index has gained 20.55% in the same period. Lululemon Athletica (NASDAQ: LULU) shares tumbled 14.92% to touch a new 52...
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Morning Market Losers
Thursday, June 12, 2014 - 8:43am | 205Lululemon Athletica (NASDAQ: LULU) shares tumbled 14.79% to $37.75 after the company issued a weak forecast. Lululemon also announced the retirement of its CFO John Currie. The company reported better-than-expected first-quarter results and also announced a $450 million share buyback program. Wave...
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Benzinga's Top #PreMarket Losers
Thursday, June 12, 2014 - 7:08am | 127Lululemon Athletica (NASDAQ: LULU) dipped 12.63% to $5.95 in pre-market trading after the company issued a weak forecast. Lululemon also announced the retirement of its CFO John Currie. The company reported better-than-expected first-quarter results and also announced a $450 million share buyback...
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US Stock Futures Edge Higher Ahead Of Jobless Claims, Retail Sales Data
Thursday, June 12, 2014 - 6:28am | 433Pre-open movers US stock futures traded slightly higher in early pre-market trade, ahead of economic data. Data on weekly jobless claims, retail sales for May and import price index for May will be released at 8:30 a.m. ET. Data on business inventories for April will be released at 10:00 a.m. ET....
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UPDATE: Lululemon Issues Weak Outlook, Shares Tumble
Thursday, June 12, 2014 - 5:33am | 239Lululemon Athletica (NASDAQ: LULU) reported better-than-expected first-quarter results and issued a weak second-quarter forecast. The company also announced a $450 million share buyback program. Lululemon's quarterly profit fell to $19 million, or $0.13 per share, versus a year-ago profit of $47.3...
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Earnings Scheduled For June 12, 2014
Thursday, June 12, 2014 - 4:03am | 89Lululemon Athletica (NASDAQ: LULU) is expected to report its Q1 earnings at $0.32 per share on revenue of $381.24 million. RF Industries (NASDAQ: RFIL) is estimated to report its Q2 earnings. Finisar (NASDAQ: FNSR) is projected to post its Q4 earnings at $0.38 per share on revenue of $303.20...