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Zacks Analyst Blog Highlights: Sysco, Ross Stores, Synopsys, Hot Topic and Abercrombie & Fitch - Press Releases
Friday, August 20, 2010 - 10:07am | 1257For Immediate Release Chicago, IL – August 20, 2010 – Zacks.com Analyst Blog features: Sysco Corp. (SYY), Ross Stores Inc. (ROST), Synopsys Inc. (SNPS), Hot Topic Inc. (HOTT) and Abercrombie & Fitch Co. (ANF ). Here are highlights from Thursday’s Analyst Blog: Sysco Misses Estimates Sysco Corp...
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Jefferies Reiterates Hold Rating on Zumiez (ZUMZ)
Friday, August 20, 2010 - 9:58am | 167Jefferies & Company is out with a research report this morning, where it reiterates its Hold rating on Zumiez (NASDAQ: ZUMZ); it has a $16.00 price target on the stock. The Jefferies analysts cited the company’s recently release same store sale data, which was rather strong, at 9.3%. The...
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Wedbush Morgan Sees ARO’s Risk/Reward As Favorable On Current Discounted Valuation
Friday, August 20, 2010 - 9:51am | 245Analysts at Wedbush Morgan reiterate their "outperform" rating on Aéropostale Inc (NYSE: ARO), while reducing their estimates for the company. The target price for ARO has been reduced from $34 to $32. Wedbush Morgan says, “As we believe management’s below consensus Q3 guidance is primarily priced...
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Company News for August 20, 2010 - Corporate Summary
Friday, August 20, 2010 - 9:37am | 933• JM Smucker (NYSE: SJM) reported better-than-expected fiscal first quarter earnings of $1.04 up from estimates of 96 cents, as revenues slightly missed projections at $1.05 billion off estimates of $1.07 billion • Goldman Sachs (NYSE: GS) raised Republic Services (NYSE: RSG) to "buy" from "neutral...
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Mad Money Lightning – Cramer Speaks Out! (HIG, BEXP, CVX, PRU, SD, WTW, YHOO)
Friday, August 20, 2010 - 8:56am | 307On Thursday’s < a href=” http://www.cnbc.com/id/38771410”>Mad Money Lightning, Jim Cramer had a lot to say about what’s hot and what’s not! Brigham Exploration (NASDAQ: BEXP) was assigned a “don’t buy.” BEXP was at $16 after hours. Chevron (NYSE: CVX) is a “go.” CVX was at $75.84 after hours...
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Before The Bell – A Glimpse Of The Market Today
Friday, August 20, 2010 - 8:36am | 402Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 42 points to 10,193, the S&P 500 futures shed 4.6 points to 1,067, and the NASDAQ futures...
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AnnTaylor Posts Weaker-Than-Expected Q2 Results
Friday, August 20, 2010 - 7:59am | 59AnnTaylor Stores Corp (NYSE: ANN) reports its Q2 adjusted EPS at $0.32, missing the consensus of $0.33. ANN’s Q2 revenue came in at $483.5 million, versus the estimates of $503.30 million. ANN’s shares gained 0.13% to $15.49 in after-hours trading. Read more from Benzinga's Company news.
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US Stock Futures Face Dismal Day Again
Friday, August 20, 2010 - 7:21am | 377Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 67 points to 10,271, the S&P 500 futures shed 7.3 points to 1,075.63, and the NASDAQ futures...
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Earnings Scheduled For August 20 (SJM, ANN, HRL, COCO, KIRK, CHMP, MTRX, HIBB)
Friday, August 20, 2010 - 6:10am | 217JM Smucker (NYSE: SJM) is expected to post its FQ3 profit of $0.96 per share on $1.07 billion in revenue. AnnTaylor (NYSE: ANN) is estimated to report its Q2 EPS at $0.33 on revenue of $503.30 million. Hormel Foods Corp (NYSE: HRL) may post its FQ3 earnings of $0.60 per share on $1.67 billion in...
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Ross Stores Meets, Outlook Cautious - Analyst Blog
Thursday, August 19, 2010 - 6:52pm | 361Ross Stores Inc. (ROST) announced that second-quarter fiscal 2010 earnings jumped 25.0% to $129.3 million or $1.07 per share, compared to $103.4 million or 82 cents in the year-ago period. Quarterly earnings matched the Zacks Consensus Estimate. However, Ross Stores stated that it is maintaining a...
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Chico's FAS Results in Line - Analyst Blog
Thursday, August 19, 2010 - 6:52pm | 642Chico's FAS, Inc. (CHS) reported second-quarter 2010 earnings of 17 cents per share, in line with the Zacks Consensus Estimate. The result also compares favorably with 10 cents earned in the second quarter of 2009. Net income was $30.5 million, compared with $18.0 million in the prior-year quarter...
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Benzinga's After Hours Movers (MRVL, CRM, GPS, HPQ, DELL, EBAY)
Thursday, August 19, 2010 - 6:48pm | 270A number of widely followed stocks have made big moves in the after hours trading session, nearly all of them earnings related. On the bullish side: Marvell Technology (NASDAQ: MRVL) is a big gainer after reporting earnings. The company earned $0.40 per share, which was in line with analyst...
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Foot Locker Reports Second-Quarter Earnings (FL)
Thursday, August 19, 2010 - 4:52pm | 52Foot Locker (NYSE: FL) released its Q2 earnings results on Thursday after the closing bell. The company reported Q2 EPS of $0.04 versus estimates of $0.03. Revenues were $1.096 billion versus Wall Street consensus revenue estimates of $1.13 billion. In the after hours, FL shares are essentially...
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Zumiez Beats Earnings Estimates (ZUMZ)
Thursday, August 19, 2010 - 4:13pm | 48Zumiez, Inc. (ZUMZ) reports Q2 EPS of $0.00 versus estimates of $0.01 loss. Zumiez, Inc. reports revenues of $97.7 million versus estimates of $97.51 million. Zumiez, Inc. is introducing guidance for the three months ending October 30, 2010 of net income per diluted share of approximately $0.21 to...
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Aeropostale Reports Results for Second Quarter (ARO)
Thursday, August 19, 2010 - 4:12pm | 114Aeropostale, Inc. (NYSE: ARO) today reported results for the second quarter of fiscal 2010, and provided guidance for the third quarter of fiscal 2010. Second Quarter Performance Diluted net earnings per share for the second quarter of fiscal 2010 increased 21% to a record $0.46 per share, compared...