-
UPDATE: Canadian Solar Reports Strong Rise In Q2 Profit
Wednesday, August 17, 2011 - 8:24am | 94Canadian Solar Inc (NASDAQ: CSIQ) reported strong rise in its second-quarter profit. Canadian Solar's quarterly net income jumped to $7.1 million, or $0.16 per share, from $3.2 million, or $0.07 per share, in the year-ago period. Its net revenue surged 47% to $481.8 million. However, analysts...
-
Oppenheimer Discusses TJX Companies After Earnings
Wednesday, August 17, 2011 - 7:54am | 146Oppenheimer & Co. is out with a research report on TJX Companies, Inc. (NYSE: TJX) after it reported earnings. It has a Perform rating on shares. In a note to clients, Oppenheimer & Co. writes, "TJX yesterday reported FY2Q12 EPS of $0.90 vs. our/consensus estimate of $0.89 vs. $0.73 a...
-
News Summary for August 17, 2011
Wednesday, August 17, 2011 - 7:48am | 595This is your Benzinga news summary and traders' outlook for Wednesday, August 17, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S...
-
Benzinga's Top Pre-Market Gainers
Wednesday, August 17, 2011 - 7:48am | 112Morgan Stanley (NYSE: MS) moved up 2.46% to $17.49 in the pre-market session. MS' trailing-twelve-month revenue is $31.56 billion. Abercrombie & Fitch Co (NYSE: ANF) added 1.38% to $72.00 in the pre-market session. ANF reported a 64% surge in its fiscal second-quarter profit. Regions...
-
A Peek Into The Market Before The Trading Starts
Wednesday, August 17, 2011 - 7:31am | 378Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 31 points to 11,418.00 and S&P 500 index futures rose 4.60 points to 1,196.90. Nasdaq 100 futures gained 1.75 points to 2,201. A...
-
UPDATE: Abercrombie & Fitch Reports 64% Surge In Q2 Profit
Wednesday, August 17, 2011 - 7:29am | 71Abercrombie & Fitch Co (NYSE: ANF) reported a 64% surge in its fiscal second-quarter profit. Abercrombie & Fitch's quarterly profit jumped to $32 million, or $0.35 per share, from $19.5 million, or $0.22 per share, in the year-ago period. Its sales climbed 23% to $916.8 million. However,...
-
Chico's FAS to Acquire Boston Proper for $205M
Wednesday, August 17, 2011 - 6:52am | 165Chico's FAS, Inc. (NYSE: CHS) announced today a definitive agreement to acquire Boston Proper Inc., a Boca Raton, Florida based privately held direct-to-consumer retailer of distinctive women's apparel and accessories. The $205 million transaction funded from available cash balances is expected to...
-
US Stock Futures Flat; Inflation Data In Focus
Wednesday, August 17, 2011 - 6:12am | 528US stock futures are flat this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 1 point to 11,388.00 and S&P 500 index futures rose 0.50 points to 1,192.80. Nasdaq 100 futures dropped 6.00 points to 2,193.00. US stocks closed lower on...
-
Earnings Scheduled For August 17
Wednesday, August 17, 2011 - 4:19am | 454Limited Brands Inc (NYSE: LTD) is expected to report its Q2 EPS at $0.46 on revenue of $2.44 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q2 EPS at $0.20 on revenue of $5.65 billion. Deere & Company (NYSE: DE) is estimated to report its FQ3 EPS at $1.67 on revenue of $7.50...
-
Stocks To Watch For August 17
Wednesday, August 17, 2011 - 3:47am | 270Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company (NYSE: DE) to report its FQ3 EPS at $1.67 on revenue of $7.50 billion. Deere shares fell 0.08% to $75.10 in after-hours trading. Dell Inc (NASDAQ: DELL) reported upbeat quarterly profit and lowered...
-
Jefferies Reiterates TJX Hold, Raises PT
Tuesday, August 16, 2011 - 3:17pm | 103Jefferies reiterated its TJX (NYSE: TJX) Hold rating and raised its TJX price target from $49 to $54 in a research report published today. In the report, Jefferies states, "Once again TJX posted strong 2Q results, beating expectations slightly. Topline and margins continue on a healthy trend...
-
Options Brief: Chico's FAS
Tuesday, August 16, 2011 - 11:46am | 83Shares of Chico's FAS (NYSE: CHS) are lower on the session by 2.76%, trading at $12.68. Overall call volume is now running at 3.63x the daily average, with 25% of all calls traded being purchases on the offer. 2,445 contracts have traded on the session so far. Chico's FAS, Inc. is a specialty...
-
Market Update
Tuesday, August 16, 2011 - 9:37am | 209Shares of AngioDynamics Inc (NASDAQ: ANGO) fell about 0.6% after the company named Joseph M. DeVivo President and Chief Executive Officer, effective September 7, 2011. Shares of Tata Motors Ltd (NYSE: TTM) fell about 3.6% after the company reported a 6% y/y drop in its global vehicle sales for...
-
Earnings Roundup
Tuesday, August 16, 2011 - 9:22am | 547Home Depot Inc (NYSE: HD) reported a 14% rise in its fiscal-second-quarter net income. Home Depot's quarterly profit surged to $1.36 billion, from $1.19 billion, in the year-ago period. Its earnings per share rose to $0.86 from $0.72. Shares outstanding dropped 5.2% to 1.58 billion. Home Depot's...
-
UPDATE: TJX Reports Rise In Q2 Profit, Raises Profit Forecast
Tuesday, August 16, 2011 - 9:18am | 62TJX Companies Inc (NYSE: TJX) reported a rise in its Q2 profit on Tuesday. TJX reported its quarterly net income at $348 million, or $0.90 per share, up from $304.98 million, or $0.74 per share, in the year-ago period. Its sales climbed 8% to $5.5 billion. TJX also lifted its full-year profit...