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Benzinga's Top #PreMarket Losers
Monday, January 13, 2014 - 8:30am | 135Intercept Pharmaceuticals (NASDAQ: ICPT) shares fell 21.49% to $350.00 in the pre-market trading after the company announced an additional detail about FLINT Trial provided by NIDDIK. SodaStream International (NASDAQ: SODA) dipped 17% to $41.40 in the pre-market session after the company lowered...
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Topeka Starts lululemon at Buy, $70 Target, Says 'Remains Bright Spot' in Specialty Retail
Thursday, December 19, 2013 - 5:50pm | 118Topeka Capital's Dorothy Lakner initiated coverage on shares of lululemon athletica (NASDAQ: LULU) with a Buy rating and $70 price target Thursday afternoon. Lakner noted recent "product problems and management changes this year," but believes lululemon "remains a bright spot of growth in...
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UPDATE: Lululemon Posts Rise In Q3 Profit, Issues Weak Outlook
Thursday, December 12, 2013 - 8:28am | 116Lululemon Athletica (NASDAQ: LULU) reported a rise in its third-quarter profit and cut its forecast. Lululemon's quarterly profit surged to $66.1 million, or $0.45 per share, from a year-ago profit of $57.3 million, or $0.39 per share. Its net revenue gained 20% to $379.9 million. However,...
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Benzinga's Top #PreMarket Losers
Thursday, December 12, 2013 - 8:14am | 95athenahealth (NASDAQ: ATHN) shares fell 12.88% to $114.00 in the pre-market trading after the company issued a downbeat outlook for fiscal year 2014. Ciena (NASDAQ: CIEN) dipped 10.87% to $20.41 after the company reported a weak Q4 profit. Lululemon Athletica (NASDAQ: LULU) shares dropped 9% to...
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Earnings Scheduled For December 12, 2013
Thursday, December 12, 2013 - 5:19am | 240Ciena (NASDAQ: CIEN) is projected to report its Q4 earnings at $0.16 per share on revenue of $532.28 million. Adobe Systems (NASDAQ: ADBE) is expected to post its Q4 earnings at $0.32 per share on revenue of $1.03 billion. Comverse (NASDAQ: CNSI) is estimated to report its Q3 earnings at $0.48...
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US Stock Futures Up Ahead Of Wholesale Trade Data
Tuesday, December 10, 2013 - 6:59am | 536Pre-open movers US stock futures rose in early pre-market trade. The NFIB small-business optimism index for November will be released at 7:30 a.m. ET, while data on wholesale trade for October will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average surged 16 points to 16,...
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lululemon Names Laurent Potdevin as CEO
Tuesday, December 10, 2013 - 6:04am | 139lululemon athletica (NASDAQ: LULU) today announced that its Board of Directors has appointed Laurent Potdevin as the company's Chief Executive Officer and a member of its Board of Directors. Mr. Potdevin will succeed Christine Day, who has served as the company's CEO since...
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UBS Sees Facebook As Possible Candidate To Replace Molex In S&P 500, Shares Moving Higher
Wednesday, December 4, 2013 - 2:44pm | 148Shares of Facebook (NASDAQ: FB) jumped more than a percent and a half over the last hour following the mid-day release of a research note from UBS's Trista Rose. The stock is now up more than 3.2 percent to around $48.26. Rose believes Facebook could be one of the companies which will replace...
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Benzinga's Top Downgrades
Thursday, November 14, 2013 - 7:52am | 149Analysts at Deutsche Bank downgraded Cisco Systems (NASDAQ: CSCO) from “buy” to “hold.” The target price for Cisco has been lowered from $28 to $25. Cisco's shares closed at $24.00 yesterday. Analysts at JP Morgan downgraded Penn National Gaming (NASDAQ: PENN) from “overweight” to “neutral.” The...
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Benzinga's Top Initiations
Wednesday, November 13, 2013 - 8:35am | 157UBS initiated coverage on shares of Himax Technologies (NASDAQ: HIMX) with a “neutral” rating. The target price for Himax Technologies is set to $9.20. Himax's shares closed at $9.15 yesterday. Analysts at Janney Capital initiated coverage on shares of Tableau Software (NYSE: DATA) with a “buy”...
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US Stock Futures Up; ADP Report, Fed Decision In Focus
Wednesday, October 30, 2013 - 6:16am | 412Pre-open movers US stock futures gained in early pre-market trade, ahead of the ADP jobs report. The ADP national employment report for October will be released at 8:15 a.m. ET, while the consumer price index for September will be released at 8:30 a.m. ET. The FOMC is scheduled to announce its...
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lululemon Names Tara Poseley as Chief Product Officer
Wednesday, October 30, 2013 - 5:05am | 136lululemon athletica (NASDAQ: LULU) today announced that Tara Poseley has been appointed to its Senior Leadership Team as Chief Product Officer. In this role, Ms. Poseley will oversee the Company's global merchandising and design strategy, working hand in hand with its...
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Top 4 NYSE Stocks In The Specialty Retail, Other Industry With The Highest Dividend Yield
Thursday, October 24, 2013 - 3:36am | 106Below are the top specialty retail, other stocks on the NYSE in terms of dividend yield. CSS Industries (NYSE: CSS) has a dividend yield of 2.40%. CSS's shares closed at $26.12 yesterday. Brown Shoe Co (NYSE: BWS) has a dividend yield of 1.20%. Brown Shoe's shares closed at $23.21 yesterday....
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PreMarket Info Recap for September 12, 2013: Sector Rotation and Bright Trading's Rob Friesen
Thursday, September 12, 2013 - 8:18am | 179Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on...
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Benzinga's Top Pre-Market Losers
Thursday, September 12, 2013 - 7:09am | 112Men's Wearhouse (NYSE: MW) dipped 14.62% to $33.10 in the pre-market session as the company reported a 28% drop in its fiscal second-quarter earnings and lowered its full-year forecast. Vera Bradley (NASDAQ: VRA) dipped 8.74% to $17.75 in the pre-market session after the company issued weak fiscal...