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AnnTaylor Stores Corp. (NYSE:ANN) Shares Close to Collapsing
Friday, January 15, 2010 - 1:24am | 121About the only thing AnnTaylor Stores Corp. (NYSE: ANN) shares have going for them at this point is how anybody who's thinking about shorting the stock, or buying put options on it, has a good chance at making some money. Between the Motley Fool pointing out how unpopular ANN is on their CAPS site...
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Comps At AEO Expected To Be Positive Through Spring
Thursday, January 14, 2010 - 2:23pm | 114Analysts at Pali Research maintain their "buy" rating on American Eagle Outfitters (NYSE: AEO). The target price for AEO is set to $23. According to Pali Research, American Eagle Outfitters’ comps continue to improve, given the expanding assortment of categories. AEO’s comps in Spring are expected...
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Integrys Sells Power Assets - Analyst Blog
Thursday, January 14, 2010 - 2:05pm | 353Integrys Energy Group Inc. (TEG) announced that an affiliate of its non-regulated subsidiary Integrys Energy Services Inc., sold some of its power generation assets in northern Maine and New Brunswick, Canada to Algonquin Power & Utilities Corp. The sale of its two power generation companies...
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Karen Finerman Dislikes TIF, Prefers WMT, TGT, TJX
Tuesday, January 12, 2010 - 7:27pm | 125CNBC's Fast Money Karen Finerman said on the show that she is not a fan of Tiffany & Co. (NYSE: TIF). She believes that luxury stocks have jumped to fast and they are trading with a premium to their long term multiple. Karen Finerman doesn't recommend luxury stocks, and instead she prefers Wal-...
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CHS’ Fundamentals Remain Robust
Tuesday, January 12, 2010 - 1:52pm | 123Analysts at Credit Suisse downgrade Chicos FAS Inc (NYSE: CHS) from "outperform" to "neutral." The target price for CHS is set to $16. According to Credit Suisse, the downgrade in the rating is based on valuation. There is no sign of a slowdown in Chicos FAS’ revenue trends, since it has strong...
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DSW Inc. (DSW) Raises Earnings Forecast
Tuesday, January 12, 2010 - 11:50am | 96DSW Inc. (NYSE: DSW) raised its 2009 earnings forecast to $1.15 to $1.25 a share, from 90 cents to $1.00 a share, citing better-than-expected sales performance and margin improvement for the fourth quarter. The company also raised its annual comparable store sales to about 3 percent from 1 percent...
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Goldman Not Positive On GPS
Tuesday, January 12, 2010 - 10:31am | 44Goldman Sachs downgraded Gap (NYSE: GPS) from “neutral” to “sell.” The target price for GPS is set to $18. Goldman has based the downgrade on the prospects of limited long-term earnings growth for GPS and tougher comps.
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Company News for January 12, 2010 - Corporate Summary
Tuesday, January 12, 2010 - 10:26am | 310• Alcoa (NYSE:AA) reported fourth-quarter earnings excluding items of one cent a share, below estimates of 6 cents, and versus year-ago quarter’s 28 cent loss. Revenues, however, came in better than expected at $5.43 billion, although under last year's $5.68 billion. The firm blamed the results...
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Goldman Downgraded On Limited Long-Term Earnings Growth Prospects
Tuesday, January 12, 2010 - 9:22am | 44Goldman Sachs downgraded Gap (NYSE: GPS) from “neutral” to “sell.” The target price for GPS is set to $18. Goldman has based the downgrade on the prospects of limited long-term earnings growth for GPS and tougher comps
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Collective Brands Inc. (PSS) Not as Close to a Breakdown as Assumed
Monday, January 11, 2010 - 6:30pm | 86The shape of the chart of Collective Brands Inc. (PSS) has taken a bearish turn over the last two weeks.... a nice, slow rollover. Yet, there's still plenty of opportunity for the stock to rebound. Standing in the way of any selling is a support line at $20.90, and 19.73. Both are moving higher. If...
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DBRN Raises Forecasts Yet Again
Monday, January 11, 2010 - 3:29pm | 116Dress Barn Inc (NASDAQ: DBRN) has raised its earnings estimate for its fiscal year for the third time in three months. DBRN has cited better-than-expected holiday sales and margin performance for the hike in guidance. DBRN now forecasts earnings for the year at $1.40-$1.50 per share, up $0.05 a...
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TLB’s Liquidity Issues To Be Resolved
Monday, January 11, 2010 - 2:18pm | 111Analysts at UBS upgrade Talbots (NYSE: TLB) from "neutral" to "buy," while raising their estimates for the company. The target price for TLB has been raised from $9.50 to $16.00. According to UBS, Talbots’ merchandise and mark down levels have improved. Investor concerns regarding TLB’s liquidity...
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Analysts Positive On Ratings And Targets of CVX, DHR, DOV, ETN, EMR
Monday, January 11, 2010 - 11:08am | 547Analysts at leading banks have posted mostly positive ratings and price targets for stocks across sectors. Citigroup (NYSE: C) raised Chevron’s (NYSE: CBX) rating to Buy, based on the changed long term price assumption of $80 per barrel. Other upgrades include Petrobras (NYSE: PZE) and BP (NYSE: BP...
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Abercrombie & Fitch Downgraded
Monday, January 11, 2010 - 10:48am | 89Struggling teen retailer Abercrombie & Fitch (NYSE: ANF) was downgraded on Monday by Caris who cut its price to $33 from $36. Caris noted that November and December sales were each worse than expected, leaving investors to wonder where the light at the end of the tunnel might be. The firm noted...
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Indian KKK Cartoon Jangles Australian Nerves; Talk About Kangaroo Courts?
Friday, January 8, 2010 - 3:38pm | 456A cartoon published by the Delhi-based Mail Today seems to have raised more Australian hackles than the murder of Indian student Nitin Garg in Melbourne last weekend. The cartoon in question shows a person in a Ku Klux Klan uniform with a police badge saying, “We are yet to ascertain the nature of...