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Bookkeeping: Stopped Out of Ross Stores (ROST) Short
Thursday, June 3, 2010 - 8:00am | 521Yesterday's late day melt up caused our short in Ross Stores (ROST) to be stopped out in the $53.80s. Cost basis was $52.60s, so about a 2% loss. Based on technicals I still think it was a great set up as the stock was stuck under its 50 day moving average and a shorter term (20 day) moving...
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CWTR Downgraded To Equal Weight At Barclays
Thursday, June 3, 2010 - 6:29am | 54Analysts at Barclays Capital downgrade Coldwater Creek Inc (NASDAQ: CWTR) from "overweight" to "equal weight." The target price for CWTR has been reduced from $10 to $6. CWTR’s shares moved up 0.68% to close at $5.94 yesterday. More Analyst Ratings here
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Benzinga's After Hours Decliners (EOG, RGL, BKE)
Wednesday, June 2, 2010 - 6:35pm | 166The after hours trading session has been pretty quiet with regard to stocks on the decline. Among the notable names, however, are EOG Resources (NYSE: EOG), The Buckle (NYSE: BKE) and Rigel Pharmaceuticals (NASDAQ: RIGL). EOG Resources (EOG) has lost 4.24% to $103.18 in late trading. The stock had...
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TJX Has An Attractive Mix Of Stability And Growth
Wednesday, June 2, 2010 - 3:25pm | 200Analysts at JP Morgan reiterate their "neutral" rating on TJX Companies (NYSE: TJX). The target price for TJX is set to $50. JP Morgan believes that multiple investors who are willing to pay for TJX “could be under pressure as EBIT margins (have) moved beyond 10%. However, the benefit that TJX has...
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Company News for June 2, 2010 - Corporate Summary
Wednesday, June 2, 2010 - 9:57am | 174• Joseph A. Bank (NASDAQ:JOSB) posted better-than-expected first quarter earnings of 85 cents a share, up from Zacks expectations of 71 cents, on estimate-topping revenues of $178.1 million, ahead of Zacks estimates of $175 million • Prudential (NYSE:PRU) dropped from its offer to acquire AIG's (...
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Zacks Analyst Blog Highlights: SunPower, Solarfun, JA Solar, China Sunergy and Accuray - Press Releases
Wednesday, June 2, 2010 - 9:00am | 1293For Immediate Release Chicago, IL – June 2, 2010 – Zacks.com Analyst Blog features: SunPower Corporation (SPWRA), Solarfun Power Holdings Co. Ltd. (SOLF), JA Solar Holdings Co. Ltd. (JASO), China Sunergy Co. Ltd. (CSUN) and Accuray Incorporated (ARAY). Get the most recent insight from Zacks Equity...
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JOSB’s Q1 Net Profit Soars 38%
Wednesday, June 2, 2010 - 8:31am | 146JoS A Bank Clothiers Inc (NASDAQ: JOSB) announced that its fiscal Q1 net profit surged 38% over the year-ago quarter. The Hampstead, Maryland-based company reported a net profit of $15.8 million, or $0.85 a share, for the period ended May 1, up from $11.5 million, or $0.62 a share, in the year-ago...
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Jos. A. Bank Clothiers (JOSB) Same Store Sales Up 10.4%
Wednesday, June 2, 2010 - 6:25am | 96Jos. A. Bank Clothiers Inc (Nasdaq: JOSB) announced on Wednesday morning that it easily beat consensus Wall Street estimates. Jos. A. Bank Clothiers Inc reported that its 1st quarter net income jumped 37% to $15.8 million, or 85 cents per share, up from $11.5 million, or 62 cents per share, a year...
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Stocks To Watch For June 2 (CWTR, F, HMC, TM, BP, HOV, LGF)
Wednesday, June 2, 2010 - 6:15am | 284Some of the stocks that may grab investor focus today are: Wall Street expects women's clothing retailer, Coldwater Creek (NASDAQ: CWTR), to post a loss of $0.04 per share for the fiscal first quarter. CWTR’s shares fell 5.45% to close at $5.90 yesterday. Following the report for May sales by auto...
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Another Contract for SunPower - Analyst Blog
Tuesday, June 1, 2010 - 6:48pm | 674SunPower Corporation (SPWRA) won a contract from the San Ramon Valley Unified School District (“SRVUSD") board of education to install high efficiency solar power systems totaling more than 3 megawatts (MW) at six schools in the district. Construction will be completed by the end of fiscal 2011....
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Cramer Likes NTAP And JCG
Tuesday, June 1, 2010 - 4:11pm | 113On CNBC's Stop Trading, Listen to Cramer!, Jim Cramer said that NetApp Inc. (NASDAQ: NTAP) posted a great earnings report last week. He believes that NTAP is a great cloud play, and he is a buyer of this stock. Cramer also likes J. Crew Group, Inc. (NYSE: JCG), because this company has changed its...
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Puts Sold On Buckle (BKE)
Tuesday, June 1, 2010 - 3:22pm | 114Shares of Buckle Inc. (NYSE: BKE) are off slightly today, currently at $35.50, down 0.14%. The stock fell in May, but seems to have found support around the $33.50-34.00 level. One trader is drawing a line in the sand for the name by selling the July $30 put 1,000 times for $0.60. There is no open...
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Mid-Day Market Movers (JSDA, BMJ, EVVV, WH)
Tuesday, June 1, 2010 - 2:05pm | 182Jones Soda Company (NASDAQ: JSDA) climbed 19.81% to $1.25 by 12:47 pm. JSDA has recently struck a deal with Wal-Mart (NYSE: WMT) to sell its products in the retailer giant’s nearly 3,800 US-based stores. The deal will enhance Jones' total retail outlet distribution by almost 10%. Birks & Mayors...
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Calls Sold on Collective Brands (PSS)
Tuesday, June 1, 2010 - 11:35am | 112Shares of Collective Brands (NYSE: PSS) are lower on the session by 2.77%, currently trading $21.76. The stock has been struggling to find direction for the past few months and is trading in a channel with the 50-day to the upside and the 200-day to the downside. Calls are being sold on the name...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 43
Tuesday, June 1, 2010 - 8:43am | 2103Year 3, Week 43 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 83.0% (v 84.5% last week)18 long bias: 13.7% (v 13.5% last week)3 short bias: 3.3% (v 2.0% last week) [Includes 1 'long dollar' position]...