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Zacks #5 Rank Additions for Monday - Tale of the Tape
Tuesday, August 17, 2010 - 11:20am | 350Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: American Eagle Outfitters (AEO) Benihana Inc (BNHNA) China Nepstar Chain Drugstore Ltd (NPD) EV Energy Partners, LP (EVEP) Forest City Enterprises, Inc (FCE.A) View the entire Zacks #5 Rank List. AMER EAGLE OUTF (...
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Afternoon Market Update (MNKD, BAC, WMT, HD, ANF)
Tuesday, August 17, 2010 - 11:18am | 264Shares of Mannkind Corp (NASDAQ: MNKD) moved down, after the company announced its plan of offering up to 8 million of its common shares. The company will offer the shares as a part of its share-lending agreement with Bank of America (NYSE: BAC). The company is also planning to offer senior...
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Stock Market News for August 16, 2010 - Market News
Tuesday, August 17, 2010 - 10:43am | 986Investors’ concerns about the pace of the economic recovery showed no signs of easing as some dour economic data aggravated worries that the economy is not going to rebound any time soon. A Commerce Department report that said retail sales rose 0.4% in July, below expectations of a 0.5% uptick,...
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Deutsche Bank Has $40 Target On Urban Outfitters (URBN)
Tuesday, August 17, 2010 - 10:31am | 138Deutsche Bank is lowering its price target to $40 from $43, but is keeping its Buy rating on shares of Urban Outfitters (NASDAQ: URBN) after the company reported strong earnings yesterday after the bell. In the report Deutsche Bank writes, "Headline $0.42 EPS exceeded $0.39 consensus (and our $0.40...
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URBN Gains On Rise In Q2 Profit
Tuesday, August 17, 2010 - 9:51am | 67Shares of Urban Outfitters Inc (NASDAQ: URBN) are moving up after the company posted a 46% y/y rise in its Q2 profit. URBN’s shares gained 4.37% to $32.73 at 9:47 am. Urban Outfitters’ shares have lost 6.61% over the past week and fell 10.37% so far this year. Read more from Benzinga's Company news.
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Urban Outfitters Tops Estimate - Analyst Blog
Tuesday, August 17, 2010 - 9:43am | 448Urban Outfitters, Inc. (URBN) recently posted second-quarter 2010 results that exceeded expectations due to top-line growth and effective inventory and cost management. Quarterly earnings for this retailer of apparel, footwear, and accessories reached 42 cents per share, surpassing the Zacks...
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Jefferies Likes Urban Outfitters After Quarterly Results (URBN)
Tuesday, August 17, 2010 - 9:38am | 102Jefferies & Co. has a Buy rating and a $43 price target on shares of Urban Outfitters (NASDAQ: URBN) after the clothing company reported earnings yesterday after the bell. In the research report Jefferies notes, "URBN remains a l-term winner, but we see some n-term headwinds as the market...
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TJX Reports Strong Second Quarter
Tuesday, August 17, 2010 - 8:53am | 107TJX Companies (NYSE: TJX) today announced sales and earnings results for the second quarter ended July 31, 2010. Net sales for the second quarter of Fiscal 2011 increased 7% to $5.1 billion and consolidated comparable store sales increased 3% over last year. Net income for the second quarter was...
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TJX Reports In-Line Q2 Results
Tuesday, August 17, 2010 - 8:47am | 57TJX Companies (NYSE: TJX) reports its Q2 EPS at $0.73, in-line with the consensus of $0.73. TJX reports its Q2 revenue at $5.1 billion, versus the consensus of $5.1 billion. TJX’s shares lost 0.53% to $41.15 in pre-market trading. Read more from Benzinga's Company news.
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ANF Reports Better-Than-Expected Q2 Results
Tuesday, August 17, 2010 - 7:38am | 57Abercrombie & Fitch Co (NYSE: ANF) reports its Q2 EPS at $0.22, beating the consensus of $0.16. ANF reports its Q2 revenue at $745.8 million, versus the estimates of $727.68 million. ANF’s shares gained 3.11% to $38.80 in pre-market trading. Read more from Benzinga's Company news.
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US Stock Futures Rise: Retail Giants To Post Earnings
Tuesday, August 17, 2010 - 7:24am | 254Stock futures point to a higher opening on Tuesday, ahead of earnings reports from Wal-Mart Stores (NYSE: WMT) and Saks Inc. (NYSE: SKS), as well as US industrial production data. The Dow futures are up 65 points to 10,338, NASDAQ 100 futures are up 11.75 points to 1,831.75 and the S&P 500...
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Earnings Scheduled For August 17 (HD, WMT. SKS, ADI, TJX, ANF)
Tuesday, August 17, 2010 - 5:40am | 169Home Depot Inc (NYSE: HD) is likely to post its Q2 earnings at $0.71 per share on $19.59 billion in revenue. Wal-Mart Stores Inc (NYSE: WMT) may report its Q2 EPS of $0.96 on revenue of $105.63 billion. Saks Inc (NYSE: SKS) is expected to post its Q2 loss at $0.17 per share on $583.91 million in...
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Fast Money Picks For August 17th (PRXL, MO, GENZ, TJX)
Monday, August 16, 2010 - 6:59pm | 164On CNBC's Fast Money, Joe Terranova said that he is a buyer of PAREXEL International Corporation (NASDAQ: PRXL). Parexel (PRXL) fell 0.05% today, and closed at $20.04. Karen Finerman likes Genzyme Corporation (NASDAQ: GENZ), and Steve Grasso prefers Altria Group, Inc. (NYSE: MO). He has been...
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Urban Outfitters Rising After Earnings Report (URBN)
Monday, August 16, 2010 - 4:25pm | 83Retailer Urban Outfitters (NASDAQ: URBN) released its second-quarter earnings results this afternoon after the closing bell. The company reported net income of $71.65 million or $0.42 per share, versus $49.02 million or $0.29 per share, in the year ago period. This beat analysts' consensus EPS...
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Urban Outfitters Beats Estimates; Shares Rise (URBN)
Monday, August 16, 2010 - 4:07pm | 122Urban Outfitters Inc. (NASDAQ: URBN) reports Q2 EPS of $0.42 versus estimates of $0.39. Urban Outfitters Inc. reports revenues of $552.2 million versus estimates of $542.09 million. Revenues increased 20% year over year. Inventories grew by $26 million or 12%, on a year-over-year basis, driven by...