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Earnings Preview: Lululemon
Wednesday, March 21, 2012 - 3:11pm | 410Lululemon Athletica (NASDAQ: LULU) - The leading yoga inspired athletic apparel company is expected to release its fourth quarter 2011 earnings just before the opening bell on Thursday, March 22. The current consensus estimate for earnings for the quarter is 49 cents a share. This compares to the...
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Fast Money Picks For March 15th (SPY, POT, LULU)
Wednesday, March 14, 2012 - 7:12pm | 205CNBC Fast Money's Guy Adami said on the show that he would buy Potash Corp./Saskatchewan (USA) (NYSE: POT) tomorrow. Potash Corp./Saskatchewan (USA) (POT) fell 0.81% today. Mike Khouw wants to buy June puts in SPDR S&P 500 ETF (NYSEARCA: SPY). He believes that this is a cheap way to hedge a...
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UPDATE: Wedbush Raises Target on on Liz Claiborne to $15
Wednesday, March 14, 2012 - 9:55am | 103Wedbush increases its price target on Outperform-rated Liz Claiborne (NYSE: LIZ) to $15, up $3, following announcement of new CFO. Wedbush notes, "LIZ mgmt. announced the hiring of a new CFO/COO George Carrara, effective April 2. Mr. Carrara has a multi-channel retail industry background having...
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UPDATE: Auriga Raises PT to $86 on Lululemon Athletica
Wednesday, March 14, 2012 - 8:36am | 118Auriga increases its price target to $86 on Lululemon Athletica (NASDAQ: LULU) as the company is expected to provide a solid guidance for 2012. Auriga says, "We expect LULU to report Q4 EPS of $0.49, the high end of the company's upward preannounced range. We believe all eyes are on 2012 and...
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Apple, Liz Claiborne and Radware Are Delivering for This Portfolio
Wednesday, March 14, 2012 - 4:18am | 840Author: Mark Holder, Stone Fox Capital Covestor model: Opportunistic Arbitrage The Opportunistic Arbitrage model gained a solid 21.4% in February versus 4.1% for the benchmark S&P 500. This model typically outpaces the major indices by a large margin in up periods and last month was no...
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UPDATE: Credit Suisse Upgrades Lululemon; Raises PT
Wednesday, March 7, 2012 - 9:05am | 109According to a research report published today, Credit Suisse has upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Neutral to Outperform, and increased PT from $58 to $78. In the report, Credit Suisse said, “Following a recent survey of product assortments across markets and online, as well...
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D.A. Davidson Ups Gildan Activewear, Lululemon, PacSun, Quiksilver PTs
Monday, March 5, 2012 - 9:44pm | 85D.A. Davidson raised its Gildan Activewear (NYSE: GIL), Lululemon (NASDAQ: LULU), PacSun (NASDAQ: PSUN), and Quiksilver (NYSE: ZQK) price targets in a sector overview report published today. In the report, D.A. Davidson raised Gildan Activewear (Buy) from $28 to $30, Lululemon (Neutral) from $64...
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UPDATE: Stifel Nicolaus Increases Target to $22 on Lululemon Athletica inc
Thursday, March 1, 2012 - 10:38am | 89Stifel Nicolaus raises its price target on Buy-rated Lululemon Athletica inc (NASDAQ: LULU) by $7 to $77 a share on the company's momentum heading into the Spring season. Stifel Nicolaus comments, "In-store and online checks show lululemon is carrying momentum into spring. We are encouraged by 1...
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Whitney Tilson Still Long Netflix; Sees Lululemon as a Good Short
Thursday, February 16, 2012 - 12:55pm | 101A hedge fund manager, Whitney Tilson, is currently on CNBC's Fast Money discussing his investments. Tilson told that he is approximately break-even on his Netflix (NASDAQ: NFLX) trade. Last fall Tilson shorted Netflix, but has changed his mind since then and is currently long on the stock. Tilson...
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Valuations now look extremely attractive
Tuesday, January 24, 2012 - 10:05am | 1645Author: Mark Holder, Stone Fox Capital Covestor model: Opportunistic Arbitrage After a strong 2009 and 2010, 2011 was a year to forget for this portfolio. The market hit highs around the end of April and this model was soaring to new heights at the time. Many of the holdings had valuations...
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Candlesticks - Is Lululemon Trade Over?
Wednesday, January 18, 2012 - 12:13pm | 213By TradersHuddle Staff, January 17 Shares of lululemon athletica (NASDAQ: LULU) ended the trading session lower by $1.28 or -2.07% from its previous close despite Jefferies bumping its target price on the stock to $65 from $54. lululemon's price action formed what is considered to be a bearish...
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Liz Claiborne Drops after Lowering 2012 EBITDA Estimates, CFO Resignation
Tuesday, January 10, 2012 - 12:36pm | 120Shares of Liz Claiborne (NYSE: LIZ) have been under pressure during Tuesday's trading session after the company revised 2012 EBITDA estimates. Liz Claiborne now expects 2011 pro-forma adjusted EBITDA to be in-line with guidance; however, at the lower end of the range of $80 to $90 million. The...
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Liz Claiborne Trading Lower After CFO Departure
Tuesday, January 10, 2012 - 10:35am | 101Liz Claiborne (NYSE: LIZ) is trading lower on the session after the company announced yesterday that its CFO, Andrew Warren, is leaving the company. The apparel designer also updated its 2012 outlook. Earlier this year, the company announced that it is changing its name to "Fifth & Pacific...
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Lululemon Athletica Jumps on Raised Guidance
Tuesday, January 10, 2012 - 9:36am | 156Shares of Lululemon Athletica (NASDAQ: LULU) are seeing much strength in Tuesday's trading session as the company raised guidance for the fourth quarter. Lululemon now expects Q4 diluted EPS to be in the range of $0.47-$0.49 as compared to its previous guidance range for $0.40-$0.42. The Company's...
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Benzinga's Top Pre-Market Losers
Tuesday, January 10, 2012 - 8:13am | 115Liz Claiborne (NYSE: LIZ) shares fell 9.87% to $8.95 in the pre-market trading. Liz Claiborne lowered its forecast for the year. Tiffany & Co (NYSE: LIZ) dipped 7.13% to $62.17 in the pre-market session. TIF lowered its full-year earnings view. Netflix Inc (NASDAQ: NFLX) dipped 2.29% to $95....