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Limited Brands Declares Cash Dividend of $.20/Share
Friday, August 5, 2011 - 4:33pm | 46Limited Brands (NYSE: LTD) announced today the declaration of its regular quarterly dividend of $.20 per share payable on September 9, 2011, to shareholders of record at the close of business on August 26, 2011. This is the company's 147th consecutive quarterly dividend.
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Piper Jaffray Reduces Estimates On Aeropostale
Friday, August 5, 2011 - 9:58am | 55According to Piper Jaffray, Aeropostale (NYSE: ARO) Neutral rating is reiterated. Piper Jaffray said that it is reducing its estimates for Q2 and beyond following the company's negative pre-announcement yesterday. “Neutral Rating; Price Target of $12 based on 9x (unchanged) our FY13E EPS.”...
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UPDATE: Morgan Stanley Lowering Price Target On Aeropostale
Friday, August 5, 2011 - 9:10am | 35Morgan Stanley is out with a research report on Aeropostale, Inc. (NYSE: ARO) and is lowering its price target to $11 from $17. Shares of ARO closed at $12.53 yesterday.
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Earnings Preview: Polo Ralph Lauren's EPS, Revenue Expected to Rise
Friday, August 5, 2011 - 8:10am | 582Polo Ralph Lauren (NYSE: RL) unveils its next round of earnings this Wednesday, August 10, 2011. Get prepared with Benzinga's ultimate preview for Polo Ralph Lauren's first quarter earnings. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive...
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Piper Jaffray Raises Price Target On Abercrombie & Fitch To $86
Friday, August 5, 2011 - 7:45am | 66According to Piper Jaffray, Abercrombie & Fitch (NYSE: ANF) Overweight rating is reiterated. Piper Jaffray said that it is reiterating its Overweight rating on shares of ANF following a better-than-expected SSS report in which the company delivered a +9% comp sales gain, ahead of the 5.5% and...
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Piper Jaffray Lowers PT On Aeropostale To $12
Friday, August 5, 2011 - 6:40am | 26Piper Jaffray has lowered the price target on Aeropostale (NYSE: ARO) from $17 to $12 and maintains its Neutral rating.
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Piper Jaffray Raises PT on Abercrombie & Fitch To $86
Friday, August 5, 2011 - 6:27am | 28Piper Jaffray has raised the price target on Abercrombie & Fitch Co. (NYSE: ANF) from $85 to $86 and maintains its Overweight rating.
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Cleantech Energy Stocks Trading Alert; GE, Envision Solar, Wind Works Power, Evergreen Solar
Thursday, August 4, 2011 - 12:25pm | 935Point Roberts WA - August 4, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 3rd Aug. Wind stock, Clean Wind Energy Tower Inc (OTCBB: CWET) ended the day flat at $0.24. The...
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Options Brief: Zumiez
Thursday, August 4, 2011 - 10:04am | 72Shares of Zumiez (NASDAQ: ZUMZ) are lower on the session by 17.86%, trading at $22.26. Overall call volume is now running at 9.18x the daily average, with 1% of all calls traded being purchases on the offer. 1,056 contracts have traded on the session so far. Zumiez Inc. is a mall-based specialty...
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Brian Sozzi Discusses July Retail Sales
Thursday, August 4, 2011 - 9:54am | 404Brian Sozzi from Wall Street Strategies is out with a research report on July retail sales, and is called it "the oddest month of same-store sales releases that I have ever seen." In the note, Sozzi goes on to say, "Simply, retailers across most sectors managed to triumph over the consensus same-...
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Pre-Market Losers 8/4
Thursday, August 4, 2011 - 9:27am | 97Dendreon (NASDAQ: DNDN) -63.81% on multiple analyst downgrades this morning Entropic Communications (NASDAQ: ENTR) -24.4% on lower earnings and several analyst downgrades this morning. Zumiez (NASDAQ: ZUMZ) -13.28% on lower than expected same store sales increase. Walter Energy (NYSE: WLT) -...
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UPDATE: Miller Tabak Upgrades Talbots To Neutral
Thursday, August 4, 2011 - 9:05am | 96Miller Tabak & Company has published a research report on Talbots (NYSE: TLB) and has upgraded the company from Sell to Neutral. In the report, Miller Tabak writes, "The stock is now the subject of a tremendous amount of takeover speculation most recently reflecting a 9.9% equity stake taken...
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The TJX Companies Raises Second Quarter EPS Guidance; Q2 EPS $0.88-0.89 vs $0.87 Est
Thursday, August 4, 2011 - 8:35am | 100The TJX Companies, Inc. (NYSE: TJX) expects for the second quarter of Fiscal 2012, the Company now expects diluted earnings per share to be $.88 - $.89, above its previously projected range, compared with $.74 per share last year on a GAAP basis. Prior year second quarter earnings per share...
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The TJX Companies July Comparable Store Sales up 4%
Thursday, August 4, 2011 - 8:35am | 103The TJX Companies, Inc. (NYSE: TJX) today reported July 2011 sales results. Sales for the four-week period ended July 30, 2011, were $1.6 billion, up 8% over the $1.5 billion achieved during the four-week period ended July 31, 2010. For the 26-week period ended July 30, 2011, sales reached $10.7...
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Ross Stores July Same Store Sales up 7%
Thursday, August 4, 2011 - 8:32am | 125Ross Stores, Inc. (Nasdaq: ROST) today reported that sales increased 11% to $635 million for the four weeks ended July 30, 2011, up from $573 million in sales for the four weeks ended July 31, 2010. Comparable store sales for the month grew 7%. For the thirteen weeks ended July 30, 2011, sales...