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Visibility Into ANF Margins, Sales Improves
Wednesday, February 17, 2010 - 12:42pm | 147Analysts at Jefferies & Co maintain their "buy" rating on Abercrombie & Fitch (NYSE: ANF). The target price for ANF is set to $50. According to Jefferies & Co, Abercrombie & Fitch has reported its Q4 EPS ahead of the consensus due to better than expected gross margins. “The...
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Talbots (TLB) Lifts Sales Forecast
Wednesday, February 17, 2010 - 9:59am | 69Talbots, Inc. (NYSE: TLB) said that it estimated that its 4th quarter sales from continuing operations were down 4%. The expected fall in sales is better than the previous guidance issued by the women's apparel company of a 6% to 8% drop in sales. Comparable store sales for the 4th quarter fell by...
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Top 5 Mid-Cap Stocks With Highest ROA (ESI, ARO, STRA, APOL, CEF)
Wednesday, February 17, 2010 - 7:43am | 251Below are the top 5 mid-cap stocks on the NASDAQ and NYSE in terms of return on assets. The return on assets for ITT Educational Services Inc (NYSE: ESI) is 49.25%. ESI’s shares have plunged 21.34% over the past 52 weeks, as compared to a 38.74% rise in S&P500. Read more about this company...
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Earnings Roundup (ANF, BCS, TEVA)
Tuesday, February 16, 2010 - 1:39pm | 253Abercrombie & Fitch Co (NYSE: ANF) said its fourth-quarter earnings came at $48 million, or $0.53 a share, up from $68 million, or $0.78, in the same period a year ago. ANF’s adjusted earnings per share stood at $0.91 versus $1.06 in the same period a year ago. The company’s sales, however,...
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Abercrombie Beats Wall Street Estimates (ANF)
Tuesday, February 16, 2010 - 12:59pm | 84Retailer Abercrombie & Fitch (NYSE: ANF) reported stronger than expected earnings this morning. The company reported net earnings of $47.46 million or $0.53 per share compared to $68.41 million or $0.78 per share in the year ago period. An an adjusted basis EPS was $0.91. Analysts, whose...
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Abercrombie Profits Plummet (ANF)
Tuesday, February 16, 2010 - 10:48am | 100Abercrombie & Fitch (NYSE: ANF) posted a lower quarterly net income. The apparel retailer posted net income of $47.5 million or 53 cents per share, down from $68.4 million, a year ago. The drop in income is due to general economic slump. Net income, excluding one-time items, is at 91 cents per...
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Company News for February 16, 2010 - Corporate Summary
Tuesday, February 16, 2010 - 10:38am | 250• Kraft (NYSE:KFT) posted better-than-expected fourth quarter earnings, with results 3 cents ahead of estimates at 48 cents, but revenues of $11 billion were just below $11.07 billion projections • Merck (NYSE:MRK) beat earnings and sales estimates and backed 2010 guidance, with adjusted earnings...
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Stock Market News for February 16, 2010 - Market News
Tuesday, February 16, 2010 - 10:30am | 445China’s move to contain rapid credit growth by limiting bank loans and European Union’s weak gross domestic product unnerved investors Friday, sending the Dow average down as much as 160 points in the morning session. Later, the blue-chip index pared much of those losses to close down 45 points as...
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My Top 30 Short Trade Setups
Thursday, February 11, 2010 - 10:59pm | 283Now that the market has finally had the chance to rally some, work off the oversold conditions (I feel like a broken record saying this) I'll be putting on some new short positions come tomorrow morning. I've heard already some chatter from folks getting more optimistic each day, which even more so...
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Two Short Positions in GPS & HTH
Wednesday, February 10, 2010 - 11:06pm | 259Today I finally jumped back into the market on the short side with two new positions in Gap (GPS) and Hilltop Holdings (HTH) - a clothing retailer and an insurance company respectively. The plan going forward is to gradually scale my portfolio into a good number of short positions, by adding a new...
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Cramer Recommends Ross Stores (ROST)
Wednesday, February 10, 2010 - 8:25pm | 79Tonight on Mad Money, Jim Cramer recommended shares of Ross Stores (NYSE: ROST). He likes the stock because Ross (ROST) recently raised its dividend by 45% from $0.11 to $0.16. He also said that the company has a lot of room for growth and is moving from a regional to a national stage. Ross...
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Quality Systems & Ingram Team Up - Analyst Blog
Wednesday, February 10, 2010 - 3:22pm | 569Recently, Ingram Micro Inc. (IM) and NextGen Healthcare Information Systems, Inc., the wholly-owned subsidiary of Quality Systems, Inc. (QSII), joined forces for the quick adoption of Electronic Healthcare Records (EHR) in the U.S. The NextGen division, headquartered in Horsham, Pennsylvania,...
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Urban Outfitters, Inc. (URBN) Added To Top Picks Live!
Friday, February 5, 2010 - 4:14pm | 95Analyst Kimberly Greenberger at Citigroup, Inc. (NYSE: C) has added Urban Outfitters, Inc. (NASDAQ: URBN) to Top Picks Live! The company is a best in class retailer with unrivaled +DD sq. ft. growth, both in domestic and international markets, according to Citigroup. According to Citigroup, the...
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Stock Market News for February 5, 2010 - Market News
Friday, February 5, 2010 - 10:22am | 461An unexpected rise in jobless claims and lingering sovereign debt issues in Europe resulted in a massive selloff on Thursday, sending the blue-chip Dow average below the 10,000 mark for the first time since November. Commodities plunged as jittery investors propelled the dollar to a more than...
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Bebe Stores (BEBE) Has Improved Merchandising
Friday, February 5, 2010 - 8:13am | 47Analysts at Roth Capital upgrade Bebe Stores (NASDAQ: BEBE) from “hold” to “buy.” The target price for BEBE is set to $10. BEBE had posted better-than-consensus results for Q2. Roth Capital said that the company has made improvements in merchandising.