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Calls Purchased on Chicos FAS (CHS)
Wednesday, August 25, 2010 - 1:29pm | 159Shares of Chico's FAS, Inc. (NYSE: CHS) are higher on the session by 0.99%, currently trading at $8.66. The stock has been moving largely lower over the past five months, off from recent highs near $16.50. The stock recently saw a move higher on very high volume. Options traders are buying calls...
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Retail Showing Signs Of Life Today Could Have Bigger Implications
Wednesday, August 25, 2010 - 1:11pm | 202The retail stocks are mostly higher today on the back of some solid earnings from American Eagle Outfitters (NYSE: AEO). The retail ETF Retail HOLDRs (NYSE: RTH) is fractionally higher while the broader market is lower showing overall strength. Other stocks like Best Buy Co., Inc. (NYSE: BBY) are...
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Afternoon Market Update (DHI, DAL, AMR, UAUA, SKYW, CWTR, AEO)
Wednesday, August 25, 2010 - 12:03pm | 307Shares of DR Horton Inc (NYSE: DHI) rose about 2.71% after the analyst Stephen East of Ticonderoga Securities upgraded the company from “neutral” to “buy.” Stephen East said, "The fundamental outperformance of this company combined with an attractive equity entry point makes this story one of the...
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Mid-Day Market Movers (SOMX, CWTR, VGZ, FCFL)
Wednesday, August 25, 2010 - 11:20am | 148Somaxon Pharmaceuticals (NASDAQ: SOMX) climbed 59.64% to $5.38 at 10:36 am. Procter & Gamble (NYSE: PG) has agreed to co-promote SOMX’s new insomnia medication Silenor. Coldwater Creek Inc (NASDAQ: CWTR) jumped 23.28% to $4.13. CWTR has reported better-than-expected Q2 results. Vista Gold Corp...
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CWTR Advances On Strong Q2 Results
Wednesday, August 25, 2010 - 10:56am | 75Shares of Coldwater Creek Inc (NASDAQ: CWTR) are moving up after the company reported upbeat Q2 results. CWTR’s shares surged 21.79% to $4.08 at 10:50 am. CWTR reported its Q2 EPS at $0.02, as compared to expected loss of $0.04. Coldwater Creek’s shares have lost 19.28% over the last month and...
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American Eagle Surges Despite Weak Guidance (AEO)
Wednesday, August 25, 2010 - 9:46am | 107Shares of American Eagle Outfitters (NYSE: AEO) are surging this morning despite the company missing revenue estimates and the company offering a weaker-than-expected third quarter forecast. For the second quarter, American Eagles earned 13 cents per share, excluding non-recurring items, on revenue...
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PSUN: Real Estate Transactions Provide An Additional Capital Cushion
Wednesday, August 25, 2010 - 9:13am | 237Analysts at Weeden & Co maintain their "hold" rating on Pacific Sunwear California Inc (NASDAQ: PSUN), while reducing their estimates for the company. According to Weeden & Co, “The men's business comped positively and juniors comped less negatively in Q2, both trends we expect to continue...
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American Eagle Outfitters Profits Fall (AEO)
Wednesday, August 25, 2010 - 8:36am | 244Pittsburgh, Pennsylvania based apparel and accessories retailer American Eagle Outfitters, Inc. (NYSE: AEO) released financial results on Wednesday morning that met Wall Street earnings estimates, while just missing revenue expectations. American Eagle Outfitters, Inc. (AEO) announced that its 2nd...
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American Eagle Reports In-Line Q2 Earnings
Wednesday, August 25, 2010 - 8:18am | 60American Eagle Outfitters (NYSE: AEO) reports its Q2 continuing operations EPS at $0.13, in-line with the consensus of $0.13. AEO reports its Q2 revenue at $652 million, versus the estimates of $654.6 million. AEO’s shares fell 1.52% to $12.30 in pre-market trading. Read more from Benzinga's...
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Sterne Agee Says No Guessing About Guess; Sees Strong Upside (GES)
Wednesday, August 25, 2010 - 8:07am | 255Sterne Agee is reiterating its Buy rating and $50 price target on shares of Guess (NYSE: GES) after visiting a couple of the company's stores. In a note to clients, Sterne Agee writes, "We had the opportunity yesterday to take a guided tour with investors through the Soho locations of the Guess and...
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Sterne Agee Sees Significant Upside In Genesco (GCO)
Wednesday, August 25, 2010 - 7:55am | 246Sterne Agee is reiterating its Buy rating and $36 price target on shares of Genesco Inc. (NYSE: GCO), even as the research firm expects earnings to disappoint. In a note to clients, Sterne Agee writes, "2Q sales post May have shown deceleration from all who have reported. Through the first 3 weeks...
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Brown Shoe Beats Estimates (BWS)
Wednesday, August 25, 2010 - 7:40am | 329St Louis based footwear retailer and wholesaler Brown Shoe Company, Inc. (NYSE: BWS) announced on Wednesday morning that it beat consensus Wall Street estimates. Brown Shoe Company, Inc. (BWS) reported a return to 2nd quarter profitability with net earnings of $5.3 million, or 12 cents per share,...
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Piper Jaffray Remains Overweight On J. Crew (JCG)
Wednesday, August 25, 2010 - 7:32am | 161Piper Jaffray is reiterating its Overweight rating and $42 price target on shares of J. Crew Group, Inc. (NYSE: JCG) as the company is set to report earnings Thursday after the bell. In a research note to clients, Piper Jaffray says, "We remain Overweight on JCG shares in advance of the company's...
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Coldwater Creek Easily Beats Estimates (CWTR)
Wednesday, August 25, 2010 - 7:28am | 266Sandpoint, Idaho based specialty women's apparel retailer Coldwater Creek, Inc. (Nasdaq: CWTR) on Wednesday morning reported that it swung to a profit and beat Wall Street expectations. Coldwater Creek, Inc. (CWTR) reported 2nd quarter net income of $1.5 million, or 2 cents per share, compared with...
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CWTR Reports Q2 Profit
Wednesday, August 25, 2010 - 7:09am | 84Coldwater Creek Inc (NASDAQ: CWTR) reports its Q2 EPS at $0.02, as compared to expected loss of $0.04. CWTR reports its Q2 revenue at $253.5 million, versus the consensus of $233.38 million. CWTR’s shares fell 0.30% to $3.34 in after-hours trading. Read more from Benzinga's Company news. Analyze...