-
Potential Trap? 05-19-2011
Thursday, May 19, 2011 - 2:56pm | 885Cusick's Corner It is hard to see a market top with the shift in retail sentiment from bullish to hedge happening so quickly. The market is moving to the upside with some decent breadth. The Dollar has been weak, a definite catalyst for equities, and the Euro currency found its bid this midday,...
-
Earnings Preview: Gap
Thursday, May 19, 2011 - 2:06pm | 179The Gap, Inc. (NYSE: GPS) is set to report earnings tonight after the bell, and Wall Street will be looking to hear whether the company has finally started to turn around its flagship stores, as well as Old Navy, Banana Republic, and its plans for women's sports apparel maker, Athleta. At last...
-
Options Brief: The Buckle, Inc. (BKE)
Thursday, May 19, 2011 - 11:52am | 93Shares of The Buckle, Inc. (NYSE: BKE) are lower on the session by 13.24%, trading at $41.56. Overall put volume is now running at 4.77x the daily average, with 39% of all puts traded being purchases on the offer. 1,464 contracts have traded on the session so far. The Buckle, Inc. is a retailer...
-
Is There A Place For Children's Place In Your Portfolio?
Thursday, May 19, 2011 - 11:04am | 388Children's Place Retail Stores, Inc. (NASDAQ: PLCE) reported earnings this morning that were better than Wall Street estimates, but the stock is falling on lowered second quarter and full year guidance. So is there a place for Children's Place in your holdings? Let's break down the numbers first...
-
Lucid Links (051911, Morning): Strolling Through the Progressive Paradise
Thursday, May 19, 2011 - 10:41am | 1682Reports from the Progressive Paradise, Item 1: Senator questions benefits to ‘adult baby' Coburn sees possible fraud A key senator has asked the Social Security Administration to investigate how people who live their lives role-playing as “adult babies” are able t o get taxpayer-funded disability...
-
Earnings Preview for Ann Taylor
Thursday, May 19, 2011 - 10:37am | 222Ann Inc. (NYSE: ANN) will be reporting its first-quarter 2011 results tomorrow, May 20, before the opening bell. Analysts are looking for the retailer to post earnings of $0.48 per share on revenue of $512.1 million. That is up from $0.38 per share on $476.2 million in the same period of last year...
-
Limited Says Will Complete Share Buyback Near End Of Year And Will Return Cash To Shareholders With Buybacks, Dividends
Thursday, May 19, 2011 - 9:47am | 33Limited (NYSE: LTD) says, "will complete share buyback near end of year... will close about 50 stores in 2011... will return cash to shareholders w/buybacks, dividends."
-
Oppenheimer Raising EPS Estimates And Price Target On Abercrombie & Fitch
Thursday, May 19, 2011 - 9:45am | 99According to Oppenheimer, Abercrombie & Fitch (NYSE: ANF) reported F1Q11 EPS of $0.28 vs. $(0.13) a year ago. Oppenheimer said that results were driven by gross margin strength (+230 bps) and well-controlled SG&A (-380 bps) with high-margin European locations continuing to significantly...
-
Limited Says Will Complete Share Buyback Near End Of Year And Will Return Cash To Shareholders With Buybacks, Dividends
Thursday, May 19, 2011 - 9:42am | 33Limited (NYSE: LTD) says, "will complete share buyback near end of year... will close about 50 stores in 2011... will return cash to shareholders w/buybacks, dividends."
-
Earnings Roundup For May 19
Thursday, May 19, 2011 - 9:28am | 1013Williams-Sonoma Inc (NYSE: WSM) reported a 62% rise in its fiscal first-quarter net income. Williams-Sonoma reported a quarterly profit at $31.6 million, or $0.29 per share, versus $19.5 million, or $0.18 per share, in the year-ago period. Its adjusted earnings came in at $0.30 per share. The...
-
UPDATE: Ross Stores Reports Q1 Profit of $173 million, Issues Downbeat Projections
Thursday, May 19, 2011 - 9:05am | 139Ross Stores Inc (NASDAQ: ROST) released its results for the fiscal first quarter on Thursday. Ross Stores reported its Q1 profit at $173 million, or $1.48 per share, versus $142.3 million, or $1.16 per share, in the year-earlier period. Its sales surged to $2.07 billion from $1.93 billion. Its...
-
CEOWORLD Most Popular Stocks ON 5/19/11- SPLS, PETM, AAP, LTD, JACK, DE, CTRN, WTM, WSM
Thursday, May 19, 2011 - 8:33am | 1203Staples Inc. (SPLS) is trading at at a dramatic change of -15.37% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 11.91B PetSmart Inc. (PETM) is trading at at a dramatic change of -0.49% from its...
-
Wedbush Reports New Higher PT Of $82 On Abercrombie & Fitch
Thursday, May 19, 2011 - 8:15am | 77According to Wedbush, Abercrombie & Fitch (NYSE: ANF) is seeing a new higher price target of $82. Wedbush said that following YTD share outperformance and appreciation on the Q1 beat, it recommends investors trim their positions as it anticipates potential Q2 downside from current consensus...
-
Oppenheimer Raises PT On Abercrombie & Fitch To $80
Thursday, May 19, 2011 - 8:08am | 26Oppenheimer has raised the price target on Abercrombie & Fitch (NYSE: ANF) from $74 to $80 and maintains its Outperform rating.
-
UPDATE: Deutsche Bank Color on Abercrombie & Fitch PT Increase
Thursday, May 19, 2011 - 7:51am | 113Deutsche Bank, which raised its PT on shares of Abercrombie & Fitch Co. (NYSE: ANF), is providing some color on the stock. “While 1Q EPS was very strong, including the underlying benefit of two mix shifts, U.S. to foreign and stores to the internet, we think that investors and valuation...