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News Summary (BWS, BDX, CPB)
Tuesday, November 23, 2010 - 10:44am | 255Shares of Brown Shoe Co (NYSE: BWS) surged about 18.5% after the company reported upbeat FQ3 results. The company's profit came in at $0.42 per share, up from $0.38 per share, in the year-earlier period. Excluding charges, BWS posted its earnings at $0.45 per share. The company's sales increased 15...
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Oppenheimer Makes Estimates & PT Revisions (BRCD, CTRN, NUAN, PSUN)
Tuesday, November 23, 2010 - 10:18am | 80Oppenheimer has made estimates and price target changes for the following companies this morning: Brocade Communications (NASDAQ: BRCD) 2011E from $0.54 to $0.40 and price target from $7.00 to $6.50. Citi Trends (NASDAQ: CTRN) 2011E from $1.60 to $1.55. Nuance Communications (NASDAQ: NUAN) 2011E...
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Oppenheimer Reiterates Perform Rating on Citi Trends (CTRN)
Tuesday, November 23, 2010 - 9:32am | 115Oppenheimer has published its research report on Citi Trends (NASDAQ: CTRN) reiterating its Perform rating following the release of FY3Q10 results. CTRN reported FY3Q10 EPS of $(0.03) vs Oppenheimer/consensus ests. of $(0.02). Revenues increased 10% to $140M on a (4.2)% comp (vs. 6.3% ly). By month...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, November 23, 2010 - 9:30am | 344Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job Inc (JOBS) Amer Natl BankShares Inc (AMNB) AnnTaylor Stores Corp (ANN) ASML Holding N.V (ASML) Autodesk Inc (ADSK) View the entire Zacks #1 Rank List. AUTODESK INC (ADSK): Free Stock Analysis Report AMER NATL BNKSH (...
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Benzinga's Top Pre-Market NASDAQ Gainers (CNTF, HOVNP, URBN, STX)
Tuesday, November 23, 2010 - 9:30am | 122China Techfaith Wireless Communication Technology Ltd (NASDAQ: CNTF) rose 4.59% to $4.10 in the pre-market session. CNTF reported 30% y/y rise in its Q3 revenue. Hovnanian Enterprises Inc (NASDAQ: HOVNP) added 4.40% to $6.40 in the pre-market session. HOVNP's trailing-twelve-month revenue is $1.46...
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Citi Trends Misses, Sales Rise - Analyst Blog
Tuesday, November 23, 2010 - 9:00am | 604Citi Trends Inc. (CTRN) recently reported sluggish fiscal 2010 third-quarter results. The company reported a net loss of $0.4 million compared with a net income of $0.6 million in the year-ago quarter. Loss per share came in at 3 cents versus earnings per share of 4 cents in the year-ago quarter...
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Genesco Reports Upbeat Q3 Results
Tuesday, November 23, 2010 - 8:52am | 56Genesco Inc (NYSE: GCO) reports its Q3 adjusted EPS at $0.77, beating the consensus of $0.59. GCO reports its Q3 revenue at $464.8 million, versus the estimates of $418.82 million. GCO shares rose 1.40% to close at $36.17 yesterday. Read more from Benzinga's Company news.
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Genesco Reports Third Quarter Fiscal 2011 EPS Of $0.72
Tuesday, November 23, 2010 - 8:45am | 97Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the third quarter ended October 30, 2010, of $17.0 million, or $0.72 per diluted share, compared to earnings from continuing operations of $11.5 million, or $0.50 per diluted share, for the third quarter ended October...
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Weather & Economy Impact CTRN's 3Q
Tuesday, November 23, 2010 - 8:43am | 156Piper Jaffray has published a research report on Citi Trends, Inc. (NASDAQ: CTRN) following the company's 3Q results that showed hurt from the weather and economy. In the report, Piper Jaffray writes "We are maintaining our Neutral rating on CTRN shares following the company's FQ3 results in which...
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A Peek Into The Market Before The Trading Starts
Tuesday, November 23, 2010 - 8:33am | 485Pre-open movers US stock futures are lower, this morning after exchange of artillery fire between North and South Korea. Futures for the Dow Jones Industrial Average declined 45 points, or 0.40%, to 11,120, while S&P 500 futures dropped 11.40 points, or 0.95%, to 1,187. Futures for the Nasdaq...
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DSW Inc. Announces Third Quarter EPS of $.79
Tuesday, November 23, 2010 - 8:24am | 78DSW Inc. (NYSE: DSW) announced net income of $35.5 million on net sales of $489.3 million for the third quarter ended October 30, 2010, compared with net income of $26.6 million on net sales of $444.6 million for the quarter ended October 31, 2009. Same store sales increased 10.1% for the...
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Jefferies Gives Black Friday Preview
Tuesday, November 23, 2010 - 8:18am | 192Jefferies is Ultra Bullish On Holiday 2010. Compares remain easy on a 2-year basis, consumer spending momentum is building, mall traffic is up, and inventories are controlled. Bottom line, we expect holiday 2010 sales to beat consensus expectations, which remain muted. Jefferies thinks this is a...
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US Stock Futures Point Lower Start On Wall Street As Koreans Exchange Fire
Tuesday, November 23, 2010 - 7:51am | 324US stock futures are lower, this morning after exchange of artillery fire between North and South Korea. Futures for the Dow Jones Industrial Average declined 74 points, or 0.7%, to 11,091, while S&P 500 futures dropped 10 points, or 0.8%, to 1,187.90. Futures for the Nasdaq 100 index lost 14...
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Company News for November 23, 2010 - Corporate Summary
Tuesday, November 23, 2010 - 5:28am | 702• Hewlett-Packard (NYSE: HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm's new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE: CPB) reported its fiscal...
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Earnings Scheduled For November 23 (TIVO, HRL, CPB, JCG, GES, MDT, ATV, BWS, DAKT, FRED, HI)
Tuesday, November 23, 2010 - 4:58am | 291TiVo (NASDAQ: TIVO) is expected to post Q3 loss of $0.17 per share on revenue of $41.41 million. Hormel Foods Corp (NYSE: HRL) may report its FQ4 EPS at $0.79 on revenue of $1.88 billion. Campbell Soup Company (NYSE: CPB) is likely to report its FQ1 EPS at $0.84 on revenue of $2.20 billion. J. Crew...