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JP Morgan: MW Continues To Further Diversify Itself Away From The Shrinking US Tailored Clothing Market
Friday, August 27, 2010 - 9:43am | 143Analysts at JP Morgan upgrade Men's Wearhouse (NYSE: MW) from "neutral" to "overweight," while raising their estimates for the company. The target price for MW has been raised from $24 to $25. According to JP Morgan, “MW continues to further diversify itself away from the shrinking US tailored...
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Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, August 27, 2010 - 8:36am | 350Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: CAI International Inc (CAP) Christopher & Banks Corp (CBK) Daktronics Inc (DAKT) Republic Airways Holdings Inc (RJET) Taiwan Semiconductor Manufacturing Co Ltd (TSM) View the entire Zacks #1 Rank List. CAI INTL...
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Piper Jaffray Adjusting Estimates On J. Crew After Earnings (JCG)
Friday, August 27, 2010 - 7:24am | 133Piper Jaffray is lowering its earnings estimates on shares of J. Crew (NYSE: JCG) after the clothing retailer reported earnings yesterday after the bell. It still rates shares at Overweight, and has a $38 price target. In a note to clients, Piper Jaffray states, "We are lowering FY11E and FY12E EPS...
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The Finish Line, Inc. - Value
Friday, August 27, 2010 - 7:04am | 536The Finish Line, Inc. (FINL) has been cashing in on the hot shoe market as it has surprised on estimates the last 4 quarters by an average of 49.7%. The stock isn't very expensive, trading at just 10.5x forward estimates when the industry trades at 14x. The Finish Line is a specialty retailer of...
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Stocks To Watch For August 27 (HPQ, PAR, DELL, TIF, NOVL, JCG)
Friday, August 27, 2010 - 6:49am | 318Some of the stocks that may grab the investor focus today are: Hewlett-Packard (NYSE: HPQ) has raised its bid for 3Par (NYSE: PAR) to $27 per share from its earlier unsolicited offer of $24 per share. Yesterday, 3Par said that it has reached a new deal with Dell (NASDAQ: DELL) for $24.30 per share...
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JCG Announces Results
Thursday, August 26, 2010 - 4:26pm | 171J. Crew Group Inc (NYSE: JCG) announced a rise in its net income for the second quarter of fiscal 2010 to $34.9 million, or $0.53 per diluted share, from $18.6 million, or $0.29 per diluted share, in the same quarter in fiscal 2009. The company reported a 14% rise in revenue for the second quarter...
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J. Crew Beats Earnings, Cuts Guidance; Shares Falling After Hours (JCG)
Thursday, August 26, 2010 - 4:07pm | 73J. Crew Group, Inc. (NYSE: JCG) reports Q2 EPS of $0.53 versus estimates of $0.46. J. Crew Group, Inc. reports revenues of $407.5 million versus estimates of $403.27 million. J. Crew said it sees EPS of 55-60 cents versus the 71 cents Wall Street was expecting. It also lowered its 2010 EPS...
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GES Beats, But Shares Slump
Thursday, August 26, 2010 - 2:25pm | 210Guess? Inc (NYSE: GES) reported record earnings of 72 cents per share for the second quarter of fiscal 2011. The results were higher than analyst expectations. The company’s earnings grew 13% YoY in the quarter ended July 31, 2010. GES also beat its own earnings guidance range of 65 cent to 68...
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Guess? Beats, Stock Tanks - Analyst Blog
Thursday, August 26, 2010 - 1:09pm | 664Guess? Inc. (GES) delivered record earnings per share (EPS) of 72 cents in its second quarter ended July 31, 2010, beating the Zacks Consensus Estimate of 69 cents. Earnings were also 13% above 64 cents reported in the year-ago quarter and beat the company’s guided range of 65 cent to 68 cents. The...
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What's Hot On TheStreet
Thursday, August 26, 2010 - 12:30pm | 318Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Credit Card Mail Solicitations Increase 83% Look no further than your own mailbox to see that the rebound in the credit card industry is under way. According to a recent study by Synovate Mail Monitor, households...
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No Guessing Here. Retailer Being Hit Hard After Disappointing Outlook (GES)
Thursday, August 26, 2010 - 11:58am | 215There's no guessing what's going on with Guess (NYSE: GES) today. Shares of the retailer are being hit hard this morning, down nearly 12% after the company reported earnings yesterday after the bell. Yesterday Guess reported earnings of 72 cents per share on revenues of $577.1 million, both of...
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Guess Tumbles On Weaker-Than-Expected Guidance
Thursday, August 26, 2010 - 11:16am | 69Shares of Guess Inc (NYSE: GES) are falling after the company issued weaker-than-expected earnings outlook for the full year. GES’ shares dipped 11.61% to $33.79 at 11:07 am. The company has posted better-than-expected Q2 earnings. Guess’ shares have gained 5.61% over the past month, while falling...
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Retailers Weak Today (ANF, M, AEO)
Thursday, August 26, 2010 - 10:48am | 135Some of the retailers are weak today, despite decent earnings report last night from Guess (NYSE: GES) and Jo Ann Stores (NYSE: JAS). Shares of Abercrombie & Fitch (NYSE: ANF) are down 36 cents, a loss of 1% on 1 million shares. Shares of Macy's (NYSE: M) are down 10 cents, a loss of 0.5%....
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AEO: Inventory Recovery & Expense Control; Looking For Share Gains Next
Thursday, August 26, 2010 - 10:36am | 286Analysts at Piper Jaffray reiterate their "neutral" rating on American Eagle (NYSE: AEO), while raising their estimates for the company. The target price for AEO is set to $13. According to Piper Jaffray, “Management cited the use of a new inventory allocation system to better align inventory...
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Benzinga’s Top Pre-Market NASDAQ Losers (GIGM, CWTR, TEVA, APWR)
Thursday, August 26, 2010 - 8:54am | 138GigaMedia Limited (NASDAQ: GIGM) dipped 9.46% to $2.01 in the pre-market session. GIGM has reported weaker-than-expected Q2 revenue. Coldwater Creek Inc (NASDAQ: CWTR) lost 3.16% to $4.60 in the pre-market session. CWTR had reported better-than-expected Q2 results. Teva Pharmaceutical Industries (...