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Pacific Sunwear Beats Estimates; Updates Guidance (PSUN)
Tuesday, August 24, 2010 - 4:25pm | 192Pacific Sunwear of California Inc. (NASDAQ: PSUN) reports Q2 EPS loss of $0.22 versus estimates of $0.23 loss. Pacific Sunwear of California Inc. reports revenues of $218 million versus estimates of $213.25 million. The company's guidance range for the third quarter of fiscal 2010 contemplates a...
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Earnings Preview: American Eagle (AEO)
Tuesday, August 24, 2010 - 10:33am | 275American Eagle Outfitters Inc. (NYSE: AEO) is currently lower on the session by 2.54%, trading at $12.65. The company is scheduled to report earnings August 25th, before the bell. • Estimates The Street is looking for Q2 earnings per share of $0.13 on revenue of $653.99 million. These estimates...
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JP Morgan Provides Updates on CHS & ANN
Tuesday, August 24, 2010 - 10:16am | 134Analysts at J.P. Morgan reiterated their price targets and ratings on shares of Chico's FAS (CHS) and Ann Taylor Stores (ANN). In the report, CHS' rating remained at Neutral with a $10 price target, stating that "It appears that a lack of inventory and certain merchandise misses contributed to...
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Piper Jaffray Reiterates Overweight on Coldwater Creek (CWTR)
Tuesday, August 24, 2010 - 9:18am | 147Piper Jaffray is out with a research report this morning, where it reiterates its Overweight rating on Coldwater Creek Inc. (NASDAQ: CWTR); it has an $11.00 price target on the stock. The PJ analysts said that they continue to recommend CWTR shares in view of what they believe to be the company's...
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Unusual option activity: Cintas Corp. (CTAS), Dick’s Sporting Goods (DKS), Walgreen Co. (WAG)
Tuesday, August 24, 2010 - 9:07am | 1830The Hotlist, which scans unusual option volume throughout the session, is available to all OptionsHouse customers, including those who sign up for a virtual trading account. For more information on how the Hotlist works, read this article. Cintas Corp. (NASDAQ: CTAS) shares have been consolidating...
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Deutsche Bank Has Some Thoughts On Abercrombie & Fitch (ANF)
Tuesday, August 24, 2010 - 8:30am | 147Deutsche Bank is out with a research report on Abercrombie & Fitch (NYSE: ANF) after the teen clothing retailer reported earnings last week. It has a $40 price target and a Neutral rating on the shares. In the research sent to clients, Deutsche Bank writes, "ANF put up better-than-expected 2Q...
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Janney Montgomery Opens GPS With Neutral
Tuesday, August 24, 2010 - 7:06am | 52Analysts at Janney Montgomery Scott initiate coverage of Gap Inc (NYSE: GPS) with a "neutral" rating. The target price for GPS is set to $19. GPS’ shares moved down 1.04% to close at $17.14 yesterday. More Analyst Ratings here
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Top 4 Stocks In The Department Stores Industry With The Highest Cash (KSS, JCP, TJX, M)
Tuesday, August 24, 2010 - 5:52am | 147Below are the top department store stocks on the NYSE and the NASDAQ in terms of cash. Kohl's Corporation (NYSE: KSS) had $2.52 billion in total cash and $2.08 billion in total debt for the latest quarter. JC Penney Company Inc (NYSE: JCP) had $2.00 billion in total cash for the latest quarter. JCP...
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Brown Shoe Declares Quarterly Dividend of $.07
Monday, August 23, 2010 - 4:27pm | 34The Board of Directors of Brown Shoe Company, Inc. (NYSE: BWS) declared a quarterly dividend of $0.07 per share, payable October 1, 2010 to shareholders of record on September 17, 2010.
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Retail Leads Early On (XRT, ANF, ARO, PLCE)
Monday, August 23, 2010 - 9:53am | 92Retail names are providing leadership in early trading Monday. The SPDR S&P Retail ETF (NYSE: XRT) is higher by 39 cents, or 1.04%, to $37.82. Here are how some retailer names are faring early on: Abercrombie & Fitch (NYSE: ANF) is up 29 cents, or 0.80%, to $36.68. Aeropostale (NYSE: ARO)...
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Citi Reiterates Buy On Foot Locker (FL)
Monday, August 23, 2010 - 9:50am | 138Citi Investment Research is reiterating its Buy rating on shares of Foot Locker (NYSE: FL) after seeing a strong start to sales in August. In a research report to clients, Citi Investment Research notes, "FL's first 2 weeks of August are off to a very strong start, and we are encouraged on FL's 3Q...
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Zumiez Beats, Reverses Loss - Analyst Blog
Monday, August 23, 2010 - 8:20am | 976Specialty retailer Zumiez Inc. (ZUMZ) reported second-quarter earnings from operations of 2 cents a share, beating the Zacks Consensus Estimate of a loss of 1 cent. The company also reversed the loss of 7 cents it posted in the second quarter of 2009. Net income from operations was $1.1 million...
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Week Ahead: Retailer Earnings and GDP Revision
Monday, August 23, 2010 - 7:11am | 220Earnings reports from retailers next week are likely to show consumers remain skeptical that an economic turnaround is imminent. As if to emphasize that point, economists expect the second-quarter gross domestic product figure will be revised down to 1.4% growth from 2.4% when the report is issued...
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Gap Barely Beats, Affirms Outlook - Analyst Blog
Friday, August 20, 2010 - 9:09pm | 433Gap Inc. (GPS) reported fiscal 2010 second-quarter earnings of 36 cents per share, growing 9.1% from last year's 33 cents and edging past the Zacks Consensus Estimate of 35 cents. The better-than-expected result was mainly driven by higher sales at Old Navy and Banana Republic, coupled with a jump...
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Zacks Analyst Blog Highlights: Mindray Medical International, Endo Pharmaceuticals Holdings, Penwest Pharmaceuticals, Apache and Chico's FAS - Press Releases
Friday, August 20, 2010 - 10:40am | 1288For Immediate Release Chicago, IL – August 20, 2010 – Zacks.com Analyst Blog features: Mindray Medical International Limited (MR), Endo Pharmaceuticals Holdings Inc. (ENDP), Penwest Pharmaceuticals Co. (PPCO), Apache Corporation (APA) and Chico's FAS, Inc. (CHS ). Here are highlights from Thursday’...