Apparel, Accessories & Luxury Goods

Jefferies & Company has raised the price target on Lululemon Athletica (NASDAQ: LULU) from $43 to $56 and maintains its Hold rating.

Citi Investment Research is out with a research report on Liz Claiborne Inc (NYSE: LIZ) and it has a Hold rating and a $7 price target on shares. In a note to clients, Citi Investment Research writes, "LIZ announced it will sell its Mexx business to a JV for common equity (LIZ owning 18.75% and...

Liz Claiborne, Inc. (NYSE: LIZ) earlier today announced that it has agreed to sell its global Mexx business to a joint venture in exchange for 18.75% of the common equity of the joint venture and total cash consideration of $85 million, subject to working capital closing adjustments, which includes...

Sterne Agee is out with a research report on Movado (NYSE: MOV) and it has a Neutral rating on shares. In a note to clients, Sterne Agee writes, "While we have been gaining increasing confidence that certain product strategies are taking hold and are encouraged by normalized replenishment...

Shares of Liz Claiborne (NYSE: LIZ) are lower on the session by 2.87%, currently trading at $5.07. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the October...

Ciena Corp (NASDAQ: CIEN) narrowed its FQ3 loss on Thursday. Ciena reported a quarterly loss of $31.5 million, or $0.33 per share, versus a year-ago loss of $109.9 million, or $1.18 per share. Excluding items such as acquisition and integration costs, Ciena earned $0.08 per share. However, analysts...

Movado Group Inc (NYSE: MOV) swung to a quarterly profit on Thursday. Movado Group reported its Q2 earnings at $4.4 million, or $0.18 per share, versus a loss of $20.9 million, or $0.84 per share, in the year-ago period. The company's revenue climbed 33% to $113.2 million. Movado Group shares...

This is your Benzinga news summary and traders' outlook for Thursday, September 1, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, Dow futures are down by about 25 points or 0.2%...

Quiksilver Inc (NYSE: ZQK) is expected to report its FQ3 EPS at $0.08 on revenue of $472.18 million. Cascade Corporation (NYSE: CASC) is estimated to report its Q2 EPS at $1.30 on revenue of $135.87 million. UTi Worldwide Inc (NASDAQ: UTIW) is expected to report its Q2 EPS at $0.21 on revenue of...

Some of the stocks that may grab investor focus today are: Wall Street expects Ciena Corporation (NASDAQ: CIEN) to post a Q2 loss at $0.08 per share on revenue of $443.25 million. Ciena shares surged 1.55% to $12.43 in after-hours trading. Coldwater Creek Inc (NASDAQ: CWTR) swung to a second-...

Shares of Oxford Industries (NYSE: OXM) are trading lower in the after-hours following the release of the company's Q2 earnings results. Currently, shares are lower by 2.29%, trading at $35.00; they ended the regular session higher by 1.91%, at $35.82. Oxford Industries reported Q2 EPS of $0.57...

PEI Licensing, Inc. a wholly owned subsidiary of Perry Ellis International (NASDAQ: PERY) announced today that it has entered into a license agreement with Oxford Ophthalmic Corporation, a division of Eyewear Designs Ltd., to design, manufacture and distribute men's and women's sunglasses and...

Brean Murray Carret & Co. is out with a research report on PVH Corp (NYSE: PVH) and is raising its price target to $85 from $80. It has a Buy rating on shares. Shares of PVH gained 41 cents yesterday to close at $64.90, a gain of 0.64%.

Piper Jaffray is out with its report today on PVH (NYSE: PVH), raising its PT to $81 from $75. In its report, Piper Jaffray writes, "We believe global demand for the Calvin Klein and Tommy Hilfiger brands will continue to drive top line and earnings growth over the next several years. Our price...

Brean Murray Carret & Company has raised the price target on PVH Corporation (NYSE: PVH) from $80 to $85 and maintains its Buy rating.