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Put Spread Purchased in Men’s Warehouse (MW)
Tuesday, May 25, 2010 - 11:05am | 108Shares of Men’s Warehouse (NYSE: MW) are lower on the session by 3.325, currently trading $20.98. The stock has been falling hard since ate April when it hit a high of $27.43. The stock is now trading below the 50-day and 200-day moving averages. I am detecting a put spread purchase in July, where...
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GES: Growth Trends Remain Compelling
Tuesday, May 25, 2010 - 10:59am | 214Analysts at Piper Jaffray reiterate their "overweight" rating on Guess? Inc (NYSE: GES), while reducing their estimates for the company. The target price for GES has been reduced from $51 to $50. GES is set to report its Q1 results on Thursday. “We think concern surrounding the health of the...
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Benzinga's After Hours Decliners (PVH, CSTR, HOTT)
Monday, May 24, 2010 - 7:32pm | 159Among the stocks that are moving lower in the after hours trading session are Phillips-Van Heusen Corp. (NYSE: PVH), Coinstar (NASDAQ: CSTR) and Hott Topic (NASDAQ: HOTT). Phillips Van-Heusen (PVH) reported earnings after the closing bell today. The company earned $0.83 per share compared to Wall...
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Piper Jaffray Maintains Overweigh Rating On American Eagle Outfitters (AEO)
Monday, May 24, 2010 - 9:45am | 92Analysts at Piper Jaffray have released an update on American Eagle Outfitters (NYSE: AEO). Analysts say that in order to prevent its shares from declining, American Eagle Outfitters will have to demonstrate better contribution margins on a sustained level of sales increases. The company’s...
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AnnTaylor Beats The Street (ANN)
Friday, May 21, 2010 - 1:24pm | 104Women's specialty retailer AnnTaylor (NYSE: ANN) reported strong first-quarter earnings before the bell this morning and shares are moving higher. The company reported earnings of 38 cents per share, beating the consensus estimate of 35 cents per share. Revenues also topped expectations rising 11.6...
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Aeropostale Inc. (ARO) All Set For A Higher Top
Friday, May 21, 2010 - 12:45pm | 108Aeropostale Inc. (NYSE: ARO) rose 5.4% by mid-day trading to $28.96 after climbing even higher in the early morning trading. The teen clothing retailer Aeropostale Inc. (ARO) reported a Q1 profit excluding some items of 48 cents a share, compared to the analysts’ estimate of 46 cents per share....
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News Summary (ABT, GS, BAC, ARO)
Friday, May 21, 2010 - 11:25am | 319The Senate passed the most significant increase in the regulation of US banks yesterday since the Great Depression. The lawmakers placed new restrictions on the nation's biggest banks, reining in the Federal Reserve and forming a major new consumer-protection division for mortgage and credit-card...
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Next Week’s Big Earnings Events (CPB, MDT, TSL, TIVO, AEO, TOL, NTAP, TTWO, PAY, BIG, COST, HNZ, TIF, GES, JCG, NOVL)
Friday, May 21, 2010 - 11:12am | 377Some of the top earnings next week are Campbell Soup Co. (NYSE: CPB), Medtronic, Inc. (NYSE: MDT), Trina Solar Ltd. (NYSE: TSL), TiVo Inc. (NASDAQ: TIVO), American Eagle Outfitters, Inc. (NYSE: AEO), Toll Brothers Inc. (NYSE: TOL), NetApp, Inc. (NASDAQ: NTAP), Take-Two Interactive Software Inc. (...
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ROST’s Low Inventory And Strong Traffic Support Margin Increment
Friday, May 21, 2010 - 11:10am | 167Analysts at Piper Jaffray reiterate their "overweight" rating on Ross Stores Inc (NASDAQ: ROST), while raising their estimates for the company. The target price for ROST has been reduced from $62 to $61. ROST was delivering a 10% comp rate on “significantly less per store inventory.” The analysts...
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NWY: Looking For Consistent Performance
Friday, May 21, 2010 - 10:49am | 198Analysts at Piper Jaffray reiterate their "neutral" rating on New York & Company Inc (NYSE: NWY). The target price for NWY has been reduced from $5 to $4. NWY’s outlook for Q2 is below expectations. The analysts say, “Longer-term, we believe NWY's new strategies (such as a focus on outlets) are...
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Company News for May 21, 2010 - Corporate Summary
Friday, May 21, 2010 - 10:03am | 147• Dell (NASDAQ:DELL) posted better-than-expected first quarter earnings of 30 cents, versus Zacks expectations of 27 cents, on revenues of $14.9 billion, which missed estimates of $14.3 billion • J Montgomery upgraded MasterCard (NYSE:MA) to "buy" with a $250 price target • Lazard reiterated a "buy...
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Piper Jaffray Reiterates “Neutral” Rating on Wet Seal (WTSLA)
Friday, May 21, 2010 - 9:26am | 189Piper Jaffray is out with an analyst note this morning that reiterated their “Neutral” rating on Wet Seal (NASDAQ: WTSLA). The stock has a $4.50 price target as well. Wet Seal reported earnings yesterday after the bell that slightly beat the Street estimates. Piper said that they are pleased with...
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ANN Reports Double Digit Comparable Sales Increase In Q1
Friday, May 21, 2010 - 8:57am | 259Ann Taylor Stores Corp (NYSE: ANN) announced its fiscal Q1 ended May 1, 2010 results today. The earnings per diluted share stood at $0.38 on both a GAAP and an operating basis, versus $0.04 loss per diluted share on a GAAP basis and a $0.03 loss per diluted share on an operating basis, excluding an...
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AnnTaylor Stores (ANN) Same Store Sales Jump 14.1%
Friday, May 21, 2010 - 8:35am | 109AnnTaylor Stores Corporation (NYSE: ANN) announced on Friday morning that it beat consensus Wall Street estimates. AnnTaylor Stores Corporation reported that it swung to a 1st quarter net income of $22.6 million, or 38 cents per share, from a loss of $2.3 million, or 4 cents per share, a year...
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Stocks To Watch For May 21 (JCP, DELL, ANN, CRM, GPS)
Friday, May 21, 2010 - 8:12am | 192Some of the stocks that may grab investors focus today are: JC Penney (NYSE: JCP) has scheduled its annual shareholders meeting for today. JCP’s shares lost 0.12% to $25.97 in after hours trading. Dell Inc (NASDAQ: DELL) posted better-than-expected Q1 results after the market closed yesterday. DELL...