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Aeropostale Inc. (ARO) Operates Well Despite Increased Competition
Friday, January 8, 2010 - 11:52am | 91Auriga reiterated a Buy rating for Aeropostale Inc. (NYSE: ARO) with a price target of $51. The firm believes that Aeropostale is operating well in a volatile environment and has maintained its market positioning despite increased promotional activities from competitors. The firm expects the...
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Top 5 Most Advanced NASDAQ Stocks (ZUMZ, INSP, SHLD, HRTN, PARD)
Friday, January 8, 2010 - 11:24am | 137Today’s lists of most advanced stocks form a varied mix. Leading the pack is specialty retailer Zumiez Inc. (NASDAQ: ZUMZ) which has risen 18% from $12.68 to $15.00. At second position is Infospace Inc. (NASDAQ: INSP), for which premarket sale at a premium of 15.34% over closing was reported....
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Stock Market News for January 08, 2010 - Market News
Friday, January 8, 2010 - 10:16am | 540A day before the government’s eagerly awaited December employment report, market participants refrained from making big moves even as hope grew the nation will break a 23-month streak of job losses. Stronger-than-expected retail sales number, nevertheless, helped calm nerves as concerns about...
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More on Zumiez (ZUMZ): December Sales Boost Priced In; Wedbush Maintains Neutral Stance
Thursday, January 7, 2010 - 3:00pm | 102Zumiez Inc. (NASDAQ: ZUMZ), which reported a December comp increase of +0.3% , significantly above the consensus forecasts, needs to show more consistent sales improvement to expect a re-rating of the share price from current levels, according to Wedbush Equity Research. Even though the EPS...
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Backed By Boosted Sales, Expect 36% Upside In Zumiez (ZUMZ)
Thursday, January 7, 2010 - 2:55pm | 95Zumiez Inc. (NASDAQ: ZUMZ) raised its 4Q EPS guidance to $0.24-$0.27 from the earlier $0.18-$0.22, after a +0.3% comp in December, its first positive monthly comp since August 2008. Value offerings, especially in men’s accessories and shoes have driven Zumiez’s sales, which saw the highest...
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Benzinga’s Volume Movers (INSP, SNCR, ZUMZ, ULTA, BBBY)
Thursday, January 7, 2010 - 2:24pm | 210InfoSpace Inc (NASDAQ: INSP) shares jumped by 22.22% to $11.64. The volume of INSP shares traded was 1717% higher than normal. INSP raised its revenue and pretax income guidance for Q4 on strong volumes from existing customers and newly launched accounts. Synchronoss Technologies Inc (NASDAQ: SNCR...
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Urban Outfitters Inc, (URBN) Given a Neutral Rating
Thursday, January 7, 2010 - 1:58pm | 147Urban Outfitters Inc, (NASDAQ: URBN) has three key divisions, the largest being Urban Outfitters with 151 stores. Anthropologie with 133 stores and Free People Stores with 35 stores follow next. Analysts Neely J.N Tamminga and Maria C. Vizuete of Piper Jaffray have continued to maintain a neutral...
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HOTT Announces Disappointing Comp Sales For December
Thursday, January 7, 2010 - 1:29pm | 148Analysts at Piper Jaffray maintain their "underweight" rating on Hot Topic Inc (NASDAQ: HOTT), while reducing their estimates for the company. The target price for HOTT has been reduced from $6 to $5. Hot Topic has reported its December comp sales short of estimates and the consensus. The...
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Unusual Volume Movers (INSP, ZUMZ, SNCR, ULTA)
Thursday, January 7, 2010 - 1:05pm | 170Among the stocks that are moving on unusually high volume are InfoSpace, Inc. (NASDAQ: INSP), Zumiez Inc (NASDAQ: ZUMZ), Synchronoss Technologies (NASDAQ: SNCR), and Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA). INSP bumped their guidance and the stock is up over 25% on the day and is...
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Hot Topic Inc (HOTT) Lowers Outlook On Same-store Sales
Thursday, January 7, 2010 - 12:43pm | 114Hot Topic Inc. (NASDAQ: HOTT) announced late Wednesday that it cut its fourth-quarter earnings outlook because of a double-digit drop in same-store sales. Hot Topic Inc said that December same-store sales fell 10.9% as against a drop of 8.6% forecasted by consensus analysts. Total sales for the...
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Retail Round-up (ZUMZ, ROST, LTD, COST, SHLD, BKE, HOTT, TGT, JWN, KSS)
Thursday, January 7, 2010 - 11:58am | 263Despite the fact that customers in the US have continued to be cautious about spending even during the holidays, retailers are reporting higher sales for December. Some of the retailers that posted higher-than-expected sales growth for the month are Target (NYSE: TGT), Kohl's (NYSE: KSS) and JW...
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Christopher & Banks Corporation (CBK) Announces Third Quarter Fiscal 2010 Results
Thursday, January 7, 2010 - 11:47am | 154Christopher & Banks Corporation (NYSE: CBK), a specialty women’s apparel chain, today announced results for the third quarter ended November 28, 2009. Christopher & Banks Corporation reported net sales of $132.0 million in the third quarter of fiscal 2010, as compared to $143.0 million for...
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Children's Place Retail Stores Inc (PLCE) December Key Sales Figure Improves
Thursday, January 7, 2010 - 11:41am | 145Children's Place Retail Stores Inc (NASDAQ: PLCE). reported on Thursday that a surge in online sales and improved results at its domestic stores helped lift a key December sales figure by 4 percent. The performance was significantly better than the forecast of analysts surveyed by Thomson Reuters...
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American Eagle’s Same Store Sales Rise
Thursday, January 7, 2010 - 10:48am | 156Many retailers reported same store sales this morning before the bell, American Eagle Outfitters (NYSE: AEO) being one of them. December same store sales rose 7% and overall dollar sales rose 9% for the company, who also took this opportunity to narrow guidance to 0.30-0.32 per share, from 0.29-0....
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Citi Analyst Likes TIF, COH, TJX, ROST
Wednesday, January 6, 2010 - 7:27pm | 148Citi analyst Kimberly Greenberger said on CNBC's Fast Money that she expects a comeback in high-end consumers. She thinks that Tiffany & Co. (NYSE: TIF) and Coach, Inc. (NYSE: COH) should be bought as these stocks have more on the upside. She thinks that they had a good holiday season. Kimberly...