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Despite Good 4th Quarter, Forecast Sends Zumiez (ZUMZ) Shares Down 8%
Thursday, March 11, 2010 - 8:02pm | 113Shares of Zumiez Inc. (NASDAQ: ZUMZ) fell more than 8% in after hours trading on Thursday, after the company released an earnings report that contained a negative forecast. Zumiez Inc. reported 4th quarter earnings of $8.8 million, or 29 cents per share, compared to $6.3 million, or 21 cents per...
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Aeropostale (ARO) Reports Higher Sales And Higher Profits
Thursday, March 11, 2010 - 7:12pm | 146After the market close today Aeropostale, Inc. (ARO) released its 4th quarter earnings report. Aeropostale crushed analyst expectations by 4 cents per share. The teen apparel maker posted revenue of 99 cents per share vs. the 95 cents estimate by analysts. Sales increased 16% to $801.2 million...
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Zumiez Inc. (ZUMZ) Reports 40% Increase In Fourth-Quarter Profit
Thursday, March 11, 2010 - 6:40pm | 74Zumiez Inc. (NASDAQ: ZUMZ) reported a 40% increase in fourth-quarter profit on Thursday. Zumiez posted a profit of $8.8 million, or $0.29 per share, compared with a profit of $6.3 million, or $0.21 per share, a year earlier. The company saw its revenue grow by 5.6% to $132.4 million. However, same...
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Buckle, Inc. Reports Higher Quarterly Earnings (BKE)
Thursday, March 11, 2010 - 4:56pm | 69Buckle, Inc. (NYSE: BKE) reported fourth-quarter earnings on Thursday. The apparel retailer reported $42.1 million, or $0.90 per share in quarterly profit, an increase of 23 percent. Buckle, Inc. also reported an increase in revenue, and same-store-sales. Buckle’s total sales for the quarter...
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Benzinga’s Volume Movers (IMAX, GYMB, GEOY, CLNE, HOLX)
Thursday, March 11, 2010 - 3:25pm | 277Imax Corporation (NASDAQ: IMAX) shares jumped 3.62% to $16.60. The volume of IMAX shares traded was 791% higher than normal. IMAX had reported strong Q4 and full year 2009 results, fueled by movies like ‘Avatar’ and ‘Alice in Wonderland.’ Read more about this company here. Gymboree Corp (NASDAQ:...
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American Eagle Outfitters (AEO) Ready To Take On Rivals
Thursday, March 11, 2010 - 1:48pm | 102American Eagle Outfitters (NYSE: AEO) is ready to take on rivals after shutting down the struggling Martin + Osa chain. The company pulled the plug on the 28 store chain on Tuesday. The struggling chain was supposed to help the company diversify outside the teen apparel market. However, it never...
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McDermott Inks JV with Indian Firm - Analyst Blog
Thursday, March 11, 2010 - 11:35am | 371Energy-focused engineering and construction company McDermott International (MDR) announced the formation of a joint venture with India-based power solutions provider Thermax Ltd. to manufacture highly efficient sub-critical and super-critical boilers and pulverizers for the Indian power sector....
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Caris & Company Reiterates American Eagle Outfitters (AEO) Buy Rating
Thursday, March 11, 2010 - 11:28am | 179Caris & Company analyst Dorothy Lakner reiterated her Buy rating for shares of American Eagle Outfitters, Inc. (NYSE: AEO) with a price target of $23. Lakner wrote that American Eagle Outfitters was positioning itself to capitalize on the greater opporunities in the women's and children's...
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PLCE Announces New Growth Plan
Thursday, March 11, 2010 - 10:41am | 60Analysts at MKM Partners maintain their "buy" rating on Children's Place (NASDAQ: PLCE). According to MKM Partners, Children's Place's new growth plan would help the company achieve mid-teens operating margins over the forthcoming years. PLCE’s shares closed at $42.98 yesterday. More Analyst...
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Volume Talks Wednesday March 10: Two Option Ideas on One Hot Stock
Thursday, March 11, 2010 - 10:32am | 3236Today I am going to introduce my new breakout report which will also include stocks which traded the session lower on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
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Stock Market News for March 11, 2010 - Market News
Thursday, March 11, 2010 - 10:13am | 458Renowned banking analyst Dick Bove's positive comments on Citigroup and strength in technology shares helped lift stocks Wednesday even as buying remained subdued in the absence of market-moving catalysts. The Dow Jones industrial average advanced 3 points, or about 0.03%, to close at 10,567. ...
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Benzinga’s Top Pre-Market Losers (HOTT, SKIL, BUCY, CSUN)
Thursday, March 11, 2010 - 9:34am | 250Hot Topic, Inc. (NASDAQ: HOTT) decreased 3.05% to $6.35 in the pre-market session. Hot Topic announced yesterday that for the first quarter 2010, it expects loss per share in the range of $0.02 to $0.05. The 52-week trading range for HOTT is $5.25 - $13.87. Hot Topic has declined over 22% in the...
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Benzinga’s Top Pre-Market Gainers (GYMB, ICO, SMTX, FCEL, HITK)
Thursday, March 11, 2010 - 9:23am | 352The Gymboree Corporation (NASDAQ: GYMB) increased 4.77% to $48.50 in the pre-market session. Gymboree reported yesterday a fourth-quarter profit of $33.2 million, or $1.11 per share, from $29.5 million, or $1 per share, in the year-ago period. Analysts expected GYMB to report a profit of $1.10 per...
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Top 5 Stocks For March 11, 2010 (JW-A, REVU, SFE, SFD, PSUN)
Thursday, March 11, 2010 - 7:55am | 274Analysts expect publisher John Wiley & Sons (NYSE: JW-A) to post earnings of $0.74 per share for the latest quarter. JW-A is to announce its results before the opening bell today. JW-A’s shares fell 0.09% to close at $43.63 yesterday. Read more about this company here. Test preparation firm,...
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Abercrombie & Fitch To Continue Discounting (ANF, ARO, AEO)
Wednesday, March 10, 2010 - 8:27pm | 233Abercrombie & Fitch (NYSE: ANF), the pricey teen clothing retailer, said today it will continue to markdown its clothes in order to boost sales. Jonathan Ramsden, CFO for Abercrombie, said the company will give up margins to improve its sales. In February Abercrombie said same-store sales were...