Apparel, Accessories & Luxury Goods

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 30, 2012: Hearing Netflix Has Hired Goldman Sachs as an Adviser The Rumor:Netflix (NASDAQ: NFLX) hired Goldman Sachs as an adviser to explore strategic alternatives, according to sources. Netflix...

Liz Claiborne (LIZ) stock surged 13% on reports of buyout talks with private equity firms. The Wall Street Journal said Claiborne, owner of clothing and bag brands Juicy Couture and Kate Spade New York, sought $20 per share. That would value it at $2 billion.

The yoga-inspired athletic apparel maker is in its early growth stage, according to UBS, which initiated coverage with a top rating and 91 price target. The broker said in a note for clients that Lululemon Athletica (LULU) can add a large number of stores to its base of almost 180 U.S. and Canadian...

Friday is the last trading session of what has turned out to be an excellent quarter for the U.S. stock market. Nearing the close of trading, the Dow and S&P had logged moderate gains while the Nasdaq composite was down slightly. The Dow had gained 63 points and was trading at 13,209 while the...

Lululemon Athletica (LULU) is still in its early growth stage, according to a UBS analyst who initiated coverage on the yoga and athletic clothier. Analyst Roxanne Meyer thinks retailer can still add substantial number of stores to its base of almost 180 U.S. and Canadian stores. She also thinks...

Jefferies increases its target price on Lululemon (NASDAQ: LULU) from $65 to $83 while it reiterates its Hold rating on shares as it remains on the sidelines for the time being. Jefferies says, "Entering 2012 with a healthier (more complete) inventory position, Lululemon is set to drive same-...

( click to enlarge ) Lululemon Athletica inc.(NASDAQ: LULU) had a nice breakout today, up 1.88, or 2.54%. Resistance was taken out with a thrust and could lead to more upside. Look for a target at about 79-81 short-term. I'll be watching LULU on Friday for a continuation of this breakout. The...

It was revealed on Thursday that yoga clothing seller Lululemon (NASDAQ: LULU) has seen its fourth-quarter profit jump 34% thanks to strong demand for the expensive sports-wear. However, the company's earnings outlook for the full year fell shy of analyst's estimates, in addition to shares dipping...

lululemon athletica (NASDAQ: LULU) is trading lower pre-market following its Q4 earnings announcement and guidance update. The company reported EPS of $0.51 vs $0.49 estimate and revenues of $371.5 million vs $362.37 million estimate. Lululemon also guides Q1 EPS $0.28-0.29 vs $0.29 estimate and...

Dollar General Corp (NYSE: DG) reported a rise in its fourth-quarter profit. Dollar General's quarterly profit rose to $292.5 million, or $0.85 per share, versus $222.6 million, or $0.64 per share, in the year-earlier period. Its adjusted profit came in at $0.87 per share. Sales climbed 20% to $4....

Lululemon Athletica Inc (NASDAQ: LULU) reported a rise in its quarterly profit. Lululemon posted its quarterly net income at $73.5 million, or $0.51 per share, up from $54.8 million, or $0.38 per share, in the year-ago period. Lululemon's revenue surged 51.4% to $371.5 million. However, sales at...

Thursday, March 22, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Dollar General (NYSE: DG) Reports Q4 EPS $0.87 vs $0.82 Est; Revenues $4.19B vs $4.11B Est lululemon athletica (NASDAQ: LULU)...

lululemon athletica inc. (NASDAQ: LULU) comparable stores sales for the fourth quarter increased by 26% on a constant dollar basis.

US stock futures are lower this morning, as investors are awaiting jobless claims data. Futures for the Dow Jones Industrial Average dropped 73 points to 12,993.00 and S&P 500 index futures fell 9 points to 1,388.50. Nasdaq 100 futures declined 14.75 points to 2,720.50. US stocks closed mixed...

Gamestop Corporation (NYSE: GME) is expected to post its Q4 EPS at $1.72 on revenue of $3.71 billion. Accenture plc (NYSE: ACN) is estimated to post its Q2 EPS at $0.86 on revenue of $6.64 billion. Dollar General Corp (NYSE: DG) is projected to report its Q4 earnings at $0.82 per share on revenue...