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Suntech Power Updates Outlook - Analyst Blog
Tuesday, December 7, 2010 - 9:15pm | 566Solar panel producer Suntech Power Holdings Company Ltd. (STP), on its Analyst Day, updated fiscal 2010 and 2011 earnings guidance. The company also announced its intention to increase its cell capacity through a joint venture. Guidance for 2010 Suntech expects revenue for the fourth quarter...
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Market Reacts to Bush Tax Cut Extension 12-07-2010
Tuesday, December 7, 2010 - 7:50pm | 947Cusick's Corner One large uncertainty just got a lot more certain. Will the Bush tax cuts be extended? Well, we have 2 more years now and the market likes it. This will also start to put some more scrutiny on the jobs data because now businesses have a clearer understanding of the future tax...
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Suntech Power Updates Outlook - Analyst Blog
Tuesday, December 7, 2010 - 7:31pm | 566Solar panel producer Suntech Power Holdings Company Ltd. (STP), on its Analyst Day, updated fiscal 2010 and 2011 earnings guidance. The company also announced its intention to increase its cell capacity through a joint venture. Guidance for 2010 Suntech expects revenue for the fourth quarter...
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Nordstrom's Comparables Rise - Analyst Blog
Tuesday, December 7, 2010 - 6:11pm | 430Nordstrom Inc's (JWN) same-store sales for November 2010 increased 5.1% compared with the same month last year. Total retail sales were $815 million, up 8.8% from $749 million in November 2009. The company reported an increase in same-store sales of 8.2% year to date. Total retail sales...
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Men's Warehouse Trading Lower in Post-Market (MW)
Tuesday, December 7, 2010 - 5:17pm | 44Men's Warehouse (NYSE: MW) is trading lower in the post-market after posting third-quarter adjusted diluted EPS of $0.57. A company conference call begins at 5:00pm EST. At last check, shares of Men's Warehouse are trading at $26.21, down 8%.
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Men's Wearhouse Reports Third Quarter EPS of $.57
Tuesday, December 7, 2010 - 5:06pm | 102The Men's Wearhouse (NYSE: MW) today announced its consolidated financial results for the third quarter ended October 30, 2010. GAAP diluted earnings per share were $0.47 for the third quarter ended October 30, 2010. Adjusted diluted earnings per share were $0.57 after excluding $1.4 million ($1...
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NextEra to Buy Solar Projects - Analyst Blog
Tuesday, December 7, 2010 - 3:31pm | 536NextEra Energy Resources LLC, a unit of NextEra Energy Inc. (NEE) has agreed to buy four solar photovoltaic (PV) projects in Ontario, Canada from First Solar Inc. (FSLR). Total capacity of these projects, located in Sombra and Moore Townships, Ontario, is estimated to be 40 megawatts (MW),...
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Abercrombie's Robust Comparables - Analyst Blog
Tuesday, December 7, 2010 - 2:03pm | 471Abercrombie & Fitch Co. (ANF), a specialty retailer of casual apparel, reported solid sales for the four-week period ended November 27, 2010. After a smart increase of 12% in September, the comparables moderated to a 2.0% growth in October before recording a whopping increase of 22.0% in...
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Abercrombie's Robust Comparables - Analyst Blog
Tuesday, December 7, 2010 - 1:33pm | 471Abercrombie & Fitch Co. (ANF), a specialty retailer of casual apparel, reported solid sales for the four-week period ended November 27, 2010. After a smart increase of 12% in September, the comparables moderated to a 2.0% growth in October before recording a whopping increase of 22.0% in...
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Could Aeropostale Go Private?
Tuesday, December 7, 2010 - 11:11am | 94DealREPORTER is reporting that Aeropostale, Inc. (NYSE: ARO) could potentially go private through a private equity deal, and the deal could potentially be worth $40 per share. Aeropostale has seen its shares been hit hard recently, as it missed earnings estimates amid a slew of discounted...
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Talbots Down 22% In Pre-Market (TLB)
Tuesday, December 7, 2010 - 10:18am | 120Talbots, Inc. (NYSE: TLB) is down sharply this morning, over 20% after the women's clothing retailer reported weaker than expected guidance for 2011, sending shares plummeting. The company reported earnings of 24 cents a share in the latest quarter. Talbots said it sees 2011 earnings coming in at...
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J.P. Morgan Upbeat on Ann Taylor (ANN)
Tuesday, December 7, 2010 - 9:02am | 147J.P. Morgan published its research report today on Ann Taylor (NYSE: ANN) after meeting with CEO, Kay Krill, CFO, Mike Nicholson, EVP Chief Supply Chain Officer, Paula Zusi and VP Investor Relations, Judy Lord. In an update to clients, J.P. Morgan states, "Given the 3-year restructuring initiatives...
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Talbots Reports Third Quarter EPS of $.27
Tuesday, December 7, 2010 - 8:30am | 109The Talbots, Inc. (NYSE: TLB) today reported results for the third quarter and year-to-date period ended October 30, 2010 and commented on its outlook for the fourth quarter and fiscal year 2010. Third quarter income from continuing operations was $17.0 million or $0.24 per share, compared to last...
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Earnings Scheduled For December 7 (HRB, TLB, AZO, MTN, MW, AVAV, AHCI, COO, LAYN, MIND, TTC)
Tuesday, December 7, 2010 - 4:32am | 292H&R Block (NYSE: HRB) is expected to report a Q2 loss of $0.38 per share on revenue of $339.54 million. Talbots (NYSE: TLB) is projected to post its earnings at $0.26 per share on revenue of $303.11 million in the third quarter. AutoZone Inc (NYSE: AZO) is likely to report its Q1 EPS at $3.40...
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Stocks To Watch For December 7 (AZO, HRB, PBY, TLB, MTN)
Tuesday, December 7, 2010 - 4:04am | 189Some of the stocks that may grab the investor focus today are: Wall Street expects AutoZone Inc (NYSE: AZO) to report its Q1 EPS at $3.40. AZO shares lost 0.08% to $261.70 in after-hours trading. Analysts expect H&R Block (NYSE: HRB) to report a Q2 loss of $0.38 per share. HRB shares fell 1.06...