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Zings of the day (AAPL, MSFT, AEO)
Friday, September 10, 2010 - 4:02pm | 249Apple (NASDAQ: AAPL) eased restrictions on apps yesterday, causing shares of its longtime rival Adobe (NASDAQ: ADBE) to jump. So when my iPad crashes because Flash decided to stop working, now I can "There's an app for that." This morning Nokia (NYSE: NOK) announced it would be replacing CEO Olli-...
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Surprising Strength In American Eagle Today (AEO)
Friday, September 10, 2010 - 2:21pm | 194Retail analyst Brian Sozzi has noticed the surprising strength in shares of American Eagle (NYSE: AEO) today, as it severely outperforms its peers. Sozzi tweeted that the teen retailer has been strengthening into the close, and on strong volume as well. Shares are gaining 5.95% today, a gain of 80...
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20 Stocks That Are Breaking Down
Friday, September 10, 2010 - 1:37pm | 287Lately, I've been updating this bearish stock screen on a weekly basis, and preferably right after a descent bounce in the market that allows for prices in stocks across the board to creep back in to overbought territory. What we have below is a handful of stocks that are showing signs of, or...
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Dress Barn, Inc. to Announce Fiscal 2010 Fourth Quarter and Year-End Financial Results
Friday, September 10, 2010 - 12:20pm | 42Dress Barn, Inc. (NASDAQ: DBRN) today announces the release of its fiscal 2010 fourth quarter and year-end financial results on Wednesday, September 15, 2010. Results will be released over Business Wire at approximately 4:00 P.M. Eastern Time.
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Volume is the cause, price is the effect
Friday, September 10, 2010 - 11:07am | 2004There has been a lot of chatter recently about trading volume (or lack thereof). Specifically, the popular topic of discussion has been how particularly abysmal volume was during the month of August. While seasonal volume trends are important and can have an effect on prices as well as price...
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Kimco Realty Acquires Asset - Analyst Blog
Friday, September 10, 2010 - 10:39am | 476Kimco Realty Corporation (KIM), a real estate investment trust (REIT), recently acquired Riverplace Shopping Center, a shopping mall in Jacksonville, Florida, for $35.6 million. The acquisition is part of the long-term strategy of the company to concentrate its investments on the neighborhood and...
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Zacks #5 Rank Additions for Friday - Tale of the Tape
Friday, September 10, 2010 - 8:36am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alere Inc (ALR) Alterra Capital Holdings Ltd (ALTE) BJ's Wholesale Club, Inc (BJ) Brown Shoe Company, Inc (BWS) China Nepstar Chain Drugstore Ltd (NPD) View the entire Zacks #5 Rank List. ALERE INC (ALR): Free Stock...
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J.P. Morgan Rates Joseph A. Bank At Neutral (JOSB)
Friday, September 10, 2010 - 7:17am | 156J.P.Morgan Chase & Co. rates shares of Jos A Bank Clothiers Inc, (NASDAQ: JOSB) at Neutral with a $45 price target. In the research note, J.P. Morgan writes, "We are raising our 2010 and 2011 EPS estimates to $3.08 and $3.42 (from $3.00 and $3.35), respectively. We are also introducing our Dec...
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American Eagle Chairman Buys 500,000 Shares of AEO
Thursday, September 9, 2010 - 4:36pm | 60In a Form 4 filed after the bell today, American Eagle Outfitters (NYSE: AEO) Chairman of the Board, Jay L. Schottenstein, reported that he purchased 500,000 shares of AEO on September 8TH for an average price of $13.58. The transaction totaled $6,790,000. Mr. Schottenstein owns 584,362 direct...
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The TJX Companies, Inc. Announces Quarterly Dividend of $.15
Thursday, September 9, 2010 - 12:58pm | 37The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.15 per share payable December 2, 2010, to shareholders of record on November 11, 2010.
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White House|Black Market Withdraws Motion against Cache
Thursday, September 9, 2010 - 10:26am | 128Cache Inc., (NASDAQ: CACH) today announced that Florida based Chico’s FAS, Inc. and White House|Black Market, Inc. have voluntarily withdrawn their motion for a preliminary injunction, representing part of its complaint against Cache over alleged theft of confidential information and trade secrets...
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MW Gains On Upbeat Q2 Results
Thursday, September 9, 2010 - 10:23am | 63Shares of Men's Wearhouse Inc (The) (NYSE: MW) moved up as the company reported better-than-expected Q2 results yesterday. MW’s shares gained 4.05% to $21.85 at 10:16 am. Shares of Men's Wearhouse gained 9.55% over the past month and rose 0.53% so far this year. Read more from Benzinga's Company...
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Piper Jaffray Lowering Price Target On Talbots (TLB)
Thursday, September 9, 2010 - 7:44am | 131Piper Jaffray is lowering its price target to $12 from $14 on The Talbots, Inc. (NYSE: TLB) after the women's clothing retailer reported weaker than expected earnings. Piper is maintaining its Neutral rating on shares. In the note clients Piper Jaffray writes, "We are maintaining our Neutral...
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Men's Wearhouse Posts Strong Earnings and Sales (MW)
Wednesday, September 8, 2010 - 4:08pm | 97The Men's Wearhouse, Inc. (NYSE: MW) reports Q2 EPS of $0.83 versus estimates of $0.77. The Men's Wearhouse, Inc. reports revenues of $537 million versus estimates of $535.01 million. Total company sales increased 2.0% for the quarter. Total inventories of $416.4 million declined 3.3% from the...
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Men's Wearhouse Reports Fiscal 2010 Second Quarter Results
Wednesday, September 8, 2010 - 4:07pm | 165The Men's Wearhouse (NYSE: MW) today announced its consolidated financial results for the second quarter ended July 31, 2010. GAAP diluted earnings per share were $0.80 for the second quarter ended July 31, 2010. Adjusted diluted earnings per share were $0.83 after excluding $2.7 million ($1.7...