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Aeropostale Reports Mixed Earnings (ARO)
Thursday, August 19, 2010 - 4:08pm | 172Aeropostale, Inc. (ARO) reports Q2 EPS of $0.46 versus estimates of $0.46. Aeropostale, Inc. reports revenues of $494.7 million versus estimates of $503.07 million. Same store sales for the second quarter increased 4%, compared to a same store sales increase of 12% last year. Co-Chief Executive...
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Gap Inc. Reports Second Quarter Earnings Per Share of $0.36
Thursday, August 19, 2010 - 4:05pm | 147Gap Inc. (NYSE: GPS) reported earnings per share for the second quarter, which ended July 31, 2010, increased 9 percent to $0.36 per share on a diluted basis, compared with $0.33 per share on a diluted basis last year. Net earnings grew 3 percent to $234 million compared with $228 million for the...
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Loss Doubles at Hot Topic - Analyst Blog
Thursday, August 19, 2010 - 4:04pm | 732The loss at specialty retailer Hot Topic Inc. (HOTT) deepened in the second quarter of fiscal 2010 with the company posting a loss per share of 14 cents, twice the loss of 7 cents in the year-ago quarter and slumping further below the loss of 4 cents in the first quarter of fiscal 2010. The loss of...
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Gap Inc. Posts Slight Earnings Beat (GPS)
Thursday, August 19, 2010 - 4:03pm | 27Gap Inc. (GPS) reports Q2 EPS of $0.36 versus estimates of $0.35. Gap Inc. reports revenues of $3.32 billion versus estimates of $3.31 billion.
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Zacks Analyst Blog Highlights: Baker Hughes, Terex, Caterpillar, Marathon Oil Corporation and Citi Trends - Press Releases
Thursday, August 19, 2010 - 2:34pm | 1344For Immediate Release Chicago, IL – August 19, 2010 – Zacks.com Analyst Blog features: Baker Hughes Inc. (BHI), Terex Corp. (TEX), Caterpillar Inc. (CAT), Marathon Oil Corporation (MRO) and Citi Trends Inc. (CTRN ). Here are highlights from Wednesday’s Analyst Blog: Baker Hughes Acquires Tanroc...
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Limited Brands in line with Zacks - Analyst Blog
Thursday, August 19, 2010 - 2:13pm | 434Limited Brands Inc. (LTD) recently posted second-quarter 2010 results. The quarterly earnings of 36 cents a share remained in line with the Zacks Consensus Estimate, but rose nearly two fold from 19 cents delivered in the prior-year quarter riding on improving sales environment. Limited Brands, the...
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Important Earnings Afer The Bell Today (HPQ, CRM, INTU, MRVL)
Thursday, August 19, 2010 - 2:00pm | 234There are a slew of major earnings releases tonight after the bell that investors need to be aware of. Hewlett-Packard (NYSE: HPQ), Salesforce.com (NYSE: CRM), Intuit (NASDAQ: INTU), Gap (NYSE: GPS), Marvell Technologies (NASDAQ: MRVL), Aeropostale (NYSE: ARO) and Foot Locker, Inc. (NYSE: FL) are...
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Stock Market News for August 19, 2010 - Market News
Thursday, August 19, 2010 - 1:34pm | 1252Stocks managed to close higher for a second consecutive session, but the gains were modest as weakness in energy shares offset strength in retailers’ stocks. Target led the strength in stocks of consumer-discretionary companies after its profit outlook for the current quarter matched Street...
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Company News for August 19, 2010 - Corporate Summary
Thursday, August 19, 2010 - 1:34pm | 771• Sears Holdings (NASDAQ: SHLD) posted a second quarter loss of 19 cents per share, one cent above Zacks estimates, on revenues of $10.5 billion, below Zacks estimates of $10.6 billion • Staples (NASDAQ: SPLS) posted in-line second quarter earnings of 20 cents a share; however, revenues of $5.5...
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Late Market Roundup
Thursday, August 19, 2010 - 1:04pm | 270Shares of Sears Holdings Corp (NASDAQ: SHLD) plunged after the company posted lower same-store sales. However, the company narrowed its Q2 loss on a year-over-year basis, but still the loss was wider than expected. SHLD’s interim chief executive officer Bruce Johnson said, "Kmart continued to...
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Calls Purchased on Gap Inc. (GPS)
Thursday, August 19, 2010 - 12:50pm | 135Shares of Gap Inc. (NYSE: GPS) are lower on the session by 1.56%, currently trading at $17.70. The stock has been moving largely lower over the past six months, off from recent highs near $26.00. Options traders are bottom fishing in the name today. The September $18.00 call was purchased 4,000...
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Honeywell Design Passes Review - Analyst Blog
Thursday, August 19, 2010 - 11:20am | 578The critical design review of Honeywell International's (HON) on board Computer, reaction wheel assembly and inertial measurement unit, has passed off successfully. These components are part of Global Positioning Satellite (GPS) III program of the U.S. Air Force. The total value realizable by...
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Gymboree Reports Q2 Above Guidance, Sterne Agee Reiterates Buy (GYMB)
Thursday, August 19, 2010 - 10:48am | 132Sterne Agee reiterated its Buy rating on shares of Gymboree Corp. (NASDAQ: GYMB) this morning, after the company reported second quarter earnings above guidance. Sterne Agee maintains a $62 price target on the stock. The Gymboree Corporation is a specialty retailer operating stores selling apparel...
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CHS: Merchandising Blunders Proving Costly
Thursday, August 19, 2010 - 9:37am | 197Analysts at Piper Jaffray reiterate their "underweight" rating on Chico's FAS (NYSE: CHS), while reducing their estimates for the company. The target price for CHS has been reduced from $15 to $10. Piper Jaffray says, “Same-store sales were up 6.4% in FQ2, which was below our estimate of +8% and...
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Futures Move Lower As Jobless Claims Rise
Thursday, August 19, 2010 - 9:13am | 312Stock futures reversed course and moved into negative territory ahead of Thursday's trading session after the Labor Department reported that first-time unemployment claims jumped unexpectedly. As of 8:55 a.m. in New York, the Dow Jones Industrial Average futures fell 2 points, or 0.02%, to 10350,...