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UPDATE: Lululemon Posts Drop In Q2 Profit, Lowers 2013 Outlook
Thursday, September 12, 2013 - 6:39am | 81Lululemon Athletica (NASDAQ: LULU) reported a drop in its second-quarter profit. Lululemon's quarterly profit declined to $56.5 million, from $57.2 million, in the year-earlier period. Its per-share earnings came in unchanged at $0.39. Its net revenue surged to $344.5 million from $282.6...
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Earnings Scheduled For September 12, 2013
Thursday, September 12, 2013 - 3:37am | 361Brady (NYSE: BRC) is expected to report its Q4 earnings at $0.50 per share on revenue of $305.46 million. The Kroger Co (NYSE: KR) is projected to report its Q2 earnings at $0.60 per share on revenue of $22.71 billion. Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) is estimated to post its...
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Stocks To Watch For September 12, 2013
Thursday, September 12, 2013 - 3:31am | 177Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Co (NYSE: KR) to report its Q2 earnings at $0.60 per share on revenue of $22.71 billion. Kroger shares rose 0.48% to $37.85 in after-hours trading. Men's Wearhouse (NYSE: MW) reported a 28% drop in its fiscal...
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Benzinga's Top Initiations
Wednesday, September 11, 2013 - 6:33am | 153Analysts at Morgan Stanley initiated coverage on shares of PHH (NYSE: PHH) with an “equal-weight” rating. The target price for PHH is set to $23. PHH's shares closed at $21.10 yesterday. Deutsche Bank initiated coverage on shares of lululemon athletica (NASDAQ: LULU) with a “hold” rating. The...
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Benzinga's Top Initiations
Monday, September 9, 2013 - 7:59am | 161Analysts at Morgan Stanley initiated coverage on shares of Third Point Reinsurance (NYSE: TPRE) with an “overweight” rating. The target price for Third Point Reinsurance is set to $16.50. Third Point Reinsurance's shares closed at $12.88 on Friday. Citigroup initiated coverage on shares of...
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Top 4 NASDAQ Stocks In The Textile-Apparel Clothing Industry With The Highest ROA
Thursday, July 25, 2013 - 3:40am | 127Below are the top textile-apparel clothing stocks on the NASDAQ in terms of return on assets. The trailing-twelve-month return on assets at Lululemon Athletica (NASDAQ: LULU) is 26.50%. Lululemon Athletica's revenue for the same period is $1.43 billion. The trailing-twelve-month return on assets...
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Mid-Day Market Update: Dow Surges 100 Points, Tesla Shares Rise
Friday, July 5, 2013 - 11:44am | 302Midway through trading Friday, the Dow traded up 0.68 percent to 15,090.01 while the NASDAQ surged 0.70 percent to 3,467.68. The S&P also rose, gaining 0.66 percent to 1,626.09. Top Headline On Wednesday, TransDigm Group (NYSE: TDG) reported that its board declared a special dividend of $22...
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Mid-Morning Market Update: Markets Surge On Jobs Report, TransDigm Declares Special Dividend
Friday, July 5, 2013 - 9:05am | 370Following the market opening Friday, the Dow traded up 0.55 percent to 15,070.27 while the NASDAQ surged 0.48 percent to 3,460.13. The S&P also rose, gaining 0.51 percent to 1,623.58. Top Headline On Wednesday, TransDigm Group (NYSE: TDG) reported that its board declared a special...
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Benzinga's M&A Chatter for Tuesday June 25, 2013
Tuesday, June 25, 2013 - 4:25pm | 291The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday June 25, 2013: Sprint Shareholders Approve Merger with SoftBank The Vote:Sprint (NYSE: S) shareholders voted Tuesday to approve the previously announced merger agreement providing for a substantial...
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Top 4 NASDAQ Stocks In The Textile-Apparel Clothing Industry With The Highest Cash
Friday, June 14, 2013 - 3:09am | 123Below are the top textile-apparel clothing stocks on the NASDAQ in terms of cash. Lululemon Athletica (NASDAQ: LULU) had $588.42 million in total cash and no debt for the latest quarter. Columbia Sportswear Company (NASDAQ: COLM) had $374.64 million in total cash and no debt for the latest...
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Morning Market Losers
Tuesday, June 11, 2013 - 9:22am | 83Coastal Contacts (NASDAQ: COA) plummeted 17.89% to $4.82 on Q2 results. Lululemon Athletica (NASDAQ: LULU) dropped 16.39% to $68.79 after the company announced the resignation of its Chief Executive Christine Day. Corinthian Colleges (NASDAQ: COCO) dropped 11.83% to $2.46. Corinthian's trailing-...
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Benzinga's PreMarket Info Recap for June 11, 2013
Tuesday, June 11, 2013 - 8:18am | 232Have 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
Tuesday, June 11, 2013 - 7:25am | 128Lululemon Athletica (NASDAQ: LULU) dipped 13.72% to $70.99 in the pre-market session after the company announced the resignation of its Chief Executive Christine Day. The company also posted upbeat quarterly results. Crosstex Energy LP (NASDAQ: XTEX) shares dropped 5.64% to $19.90 in pre-market...
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Benzinga's Top Downgrades
Tuesday, June 11, 2013 - 6:45am | 131Analysts at Benchmark downgraded Moody's (NYSE: MCO) from “buy” to “hold.” The target price for Moody's has been raised from $60 to $71. Moody's shares closed at $65.00 yesterday. Analysts at Morgan Stanley downgraded XenoPort (NASDAQ: XNPT) from “equal-weight” to “underweight.” The target price...
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US Stock Futures Down Ahead Of Wholesale Trade Data
Tuesday, June 11, 2013 - 5:10am | 346US stock futures are lower this morning, as investors are awaiting wholesale trade data. Futures for the Dow Jones Industrial Average tumbled 106 points to 15,122.00 and S&P 500 index futures fell 13.20 points to 1,628.90. Nasdaq 100 futures dropped 24.25 points to 2,962.75. US stocks closed...