-
Know Thyself 06-13-2011
Monday, June 13, 2011 - 3:07pm | 951Cusick's Corner Lately I have had a new mantra, "Be an Optimist." However, there is not much on the financial landscape that makes me feel that way, nothing. But I remind myself that emotion is the very thing trading is all about. There are strategies that play to this very mood, .i.e. bearish...
-
Monday's Put/Call Ratio Leaders
Monday, June 13, 2011 - 1:16pm | 78Here are today's Put/Call Ratio leaders… 1. Federated Investors (NYSE: FII) 3,829 puts, 60 calls 2. Yum Brands (NYSE: YUM) 14,110 puts, 230 calls 3. Novagold Resources (NYSE: NG) 75,976 puts, 1,530 calls 4. Ann Inc. (NYSE: ANN) 4,008 puts, 84 calls 5. Allscripts Healthcare Solutions (NASDAQ: MDRX...
-
JP Morgan Upgrades Chico's To Overweight, Raises PT To $17
Monday, June 13, 2011 - 7:15am | 28JP Morgan has upgraded Chico's FAS (NYSE: CHS) from Neutral to Overweight and has raised the price target from $13 to $17.
-
8 Stocks With Significant Insider Buying
Friday, June 10, 2011 - 12:07pm | 556Insider Monkey provides free insider trading and hedge fund holdings data. We believe insiders have an edge over other investors because insiders know more about their companies than do outsiders. That's why insiders aren't allowed to trade based on material non-public information. Most insiders...
-
Bank of America Comments on Limited Brands Dividend
Friday, June 10, 2011 - 9:07am | 95Limited Brands (NYSE: LTD) declared a “special dividend of $1/share (roughly $310mn in total) on May 31, to be distributed on July 1 to shareholders of record on June 17,” Bank of America reports. “This is the third special dividend that Limited has declared since the beginning of 2010,” Bank of...
-
UPDATE: Morgan Stanley Lowers PT on Talbots to $3.50
Friday, June 10, 2011 - 9:00am | 93Morgan Stanley is out with its report today on Talbots (NYSE: TLB), lowering its PT to $3.50. In a note to clients, Morgan Stanley writes, "With TLB's EV at ~$270M (6/9 close), the company is trading at the value of its receivables ($164M) and a portion of its inventory ($177M), implying low...
-
Citi Reiterates Buy and PT of $51 on Guess?
Friday, June 10, 2011 - 8:12am | 100Citi reiterated its Buy rating on Guess? (NYSE: GES). At the same time, Citi left its price target on the company's stock unchanged at $51. In a research report published today, Citi states, "Accessories remain strong and key categories including premium denim continue to improve. Looking forward...
-
J.P. Morgan Comments On Visit to Urban Outfitters Headquarters
Friday, June 10, 2011 - 7:09am | 123According to a recent report, J.P. Morgan made a visit to the headquarters of Urban Outfitters (NASDAQ: URBN) this week to meet with the company's CEO Glen Senk and CFO Eric Artz. Although May sales were weak, J.P. Morgan expects to see gradual improvements from URBN through the remainder of the...
-
Are Google Doodles the Most Brilliant Marketing Tool Ever Conceived?
Thursday, June 9, 2011 - 3:51pm | 808Six weeks ago, I didn't have the most favorable opinion of Google's (NASDAQ: GOOG) homepage adjustments. Referred to as “doodles,” these logo alterations were created to add a little eye-catching fun to Google.com. Last year, the search engine giant famously converted its logo into a fully...
-
Options Brief: The Men's Wearhouse, Inc.
Thursday, June 9, 2011 - 11:15am | 94Shares of The Men's Wearhouse, Inc. (NYSE: MW) are higher on the session by 3.52%, trading at $31.17. Overall put volume is now running at 9.82x the daily average, with 8% of all puts traded being purchases on the offer. 4,683 contracts have traded on the session so far. The Men's Wearhouse, Inc...
-
Piper Jaffray Reports On PSUN After CEO's Presentation
Thursday, June 9, 2011 - 9:03am | 115Piper Jaffray is maintaining its Underweight rating and its $3.50 price target on Pacific Sunwear (NASDAQ: PSUN) following a presentation from company CEO Gary Schoenfeld at Piper Jaffray's Annual Consumer Conference. In the report, Piper Jaffray writes, “The company reiterated 600-700 stores as...
-
Piper Jaffray Reiterates Overweight Rating On Guess?
Thursday, June 9, 2011 - 8:58am | 82According to Piper Jaffray, Guess? (NYSE: GES) Overweight rating is reiterated. Piper Jaffray said that Wednesday afternoon at the 31st annual Piper Jaffray Consumer Conference, Guess CFO Dennis Secor, COO Michael Prince and CFO of North American Retail Russell Bowers spoke to investors about the...
-
UPDATE: Wedbush Color on Urban Outfitters PT Decrease
Thursday, June 9, 2011 - 8:58am | 149Wedbush, which lowered its PT on shares of Urban Outfitters (NASDAQ: URBN), is providing color on the stock. “We believe the UO and Anthropologie continue to experience choppy sellthroughs and excess inventory, as exemplified by the disappointing business update of –LSD comps, which will likely...
-
Citi Maintains Hold on Urban Outfitters
Thursday, June 9, 2011 - 8:15am | 101Citi is out with its report today on Urban Outfitters (NASDAQ: URBN), maintaining Hold. In a note to clients, Citi writes, "We rate the shares of URBN Hold/Medium Risk. A choppier than expected fashion shift could result in four more quarters of margin declines if we follow the last cycle. The...
-
Bank of America Merrill Lynch Maintains Buy on Urban Outfitters
Thursday, June 9, 2011 - 7:59am | 113Bank of America Merrill Lynch is out with its report today on Urban Outfitters (NASDAQ: URBN), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We continue to view Urban as one of the better long-term growth stories in specialty retail. Its three proven concepts have...