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Wedbush Raises PT On Foot Locker To $26
Friday, May 13, 2011 - 7:12am | 27Wedbush Securities has raised the price target on Foot Locker (NYSE: FL) from $23 to $26 and maintains its Outperform rating.
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Analysis of New High Beta and Low Volatility ETFs from PowerShares
Thursday, May 12, 2011 - 1:43pm | 1258Invesco PowerShares brought out two new and unique ETFs last Thursday (5/5/11). PowerShares S&P 500 High Beta Portfolio (SPHB) and PowerShares S&P 500 Low Volatility Portfolio (SPLV) are innovative products that employ quantitative beta-weighting and volatility-weighting as part of the...
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Brian Sozzi Discusses April Retail Sales (AEO, WMT, TGT, ANF)
Thursday, May 12, 2011 - 10:15am | 357Brian Sozzi from Wall Street Strategies is out with a research note on April retail sales, which were released this morning. In the report, Sozzi mentions names such as American Eagle (NYSE: AEO), Target (NYSE: TGT), and Wal-Mart (NYSE: WMT), and Abercrombie & Fitch (NYSE: ANF). In the note...
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Top 4 Small-Cap Stocks In The Apparel Stores Industry With The Highest Dividend Yield (HOTT, CBK, CATO, MW)
Thursday, May 12, 2011 - 2:49am | 122Below are the top small-cap apparel stores stocks on the NYSE and the NASDAQ in terms of dividend yield. Hot Topic Inc (NASDAQ: HOTT) has a dividend yield of 3.70%. HOTT's shares closed at $7.93 yesterday. Christopher & Banks Corporation (NYSE: CBK) has a dividend yield of 3.70%. CBK's shares...
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Earnings Scheduled For May 12 (DRYS, JWN, AHII, KSS, DAR, NVDA, CACH, XIN, ACAT, BBOX, ESLR, CXPO, IRWD, CTFO, TREE, CYCC, CXDC)
Thursday, May 12, 2011 - 2:15am | 451DryShips Inc (NASDAQ: DRYS) is projected to post its Q1 EPS at $0.16 on revenue of $234.12 million. Nordstrom Inc (NYSE: JWN) is projected to report its Q1 EPS at $0.66 on revenue of $2.22 billion. Animal Health International Inc (NASDAQ: AHII) is expected to post its FQ3 EPS at $0.10 on revenue...
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Mad Money Lightning Round: Cramer Dislikes Bank of America (BAC, CLNE, MERC, LTD, DUK, ED, D, SCCO, NG)
Thursday, May 12, 2011 - 12:59am | 307On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Bank of America (NYSE: BAC) is a “dead stock.” He added, “There is no catalyst ahead. It's not a good stock and I can't recommend it." For Clean Energy Fuels (NASDAQ: CLNE), he said, "A chain of natural gas stations are in our...
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Options Brief: Chico's FAS, Inc. (CHS)
Wednesday, May 11, 2011 - 10:45am | 84Shares of Chico's FAS, Inc. (NYSE: CHS) are higher on the session by 0.67%, trading at $15.12. Overall call volume is now running at 7.24x the daily average, with 39% of all calls traded being purchases on the offer. 5.335 contracts have traded on the session so far. Chico's FAS, Inc. is a...
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Jefferies Reiterates Hold Rating On Zumiez
Wednesday, May 11, 2011 - 8:26am | 74According to Jefferies, Zumiez (NASDAQ: ZUMZ) Hold rating is reiterated. Jefferies said that fundamentals remain solid but the sudden departure of the company's CFO is likely to weigh on the stock near-term and keep shares rangebound. “Good news here is the company bench is strong and should help...
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Jefferies Lowers Estimates On Urban Outfitters
Wednesday, May 11, 2011 - 8:08am | 69According to Jefferies, Urban Outfitters (NASDAQ: URBN) estimates are lowered. Jefferies said that, “There are multiple reasons or "risks" for why we remain guarded on URBN, which we believe investors need to take into consideration. With valuation still high and earnings risk escalating, we see...
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Oppenheimer Reiterates Outperform on Zumiez (ZUMZ)
Wednesday, May 11, 2011 - 7:58am | 155Oppenheimer is out with its report today on Zumiez (NASDAQ: ZUMZ), reiterating Outperform. In a note to clients, Oppenheimer writes, "Trevor Lang, CFO, CAO and Secretary, has resigned effective June 1, 2011, following four years with ZUMZ. Mr. Lang will be returning to Atlanta, where he built...
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Goldman Sachs Says Buy American Eagle (AEO)
Wednesday, May 11, 2011 - 7:34am | 215Goldman Sachs has a Buy rating on shares of American Eagle (NYSE: AEO), and it has a $19 price target on shares. In a note to investors, Goldman writes, "After 3.5 yrs of relative margin erosion, AEO's is one of only 2 retailers we cover where EBIT margin is below its 5 yr avg (to the tune of...
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Zumiez Inc. Announces Departure of Trevor Lang (ZUMZ)
Tuesday, May 10, 2011 - 4:31pm | 127Zumiez Inc. (NASDAQ: ZUMZ) announced today that Trevor Lang has resigned as Chief Financial Officer, Chief Administrative Officer & Secretary effective June 1, 2011 in order to move back to Atlanta, Georgia. A search for Lang's successor is underway. Rick Brooks, Chief Executive Officer of...
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Calls Purchased on Ross Stores, Inc. (ROST)
Tuesday, May 10, 2011 - 11:44am | 139Shares of Ross Stores, Inc. (NASDAQ: ROST) are higher on the session by 1.08%, currently trading at $79.43. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Market Analysts'Downgrades on 5/10/11- GSIC, JNY, NNBR, PAL, PANL, PHG, RAH, ROSE, SFD, TLB, TSN, VE, ADM, AEO, BASFY, BID, DIOD, GEN
Tuesday, May 10, 2011 - 10:40am | 1286Raymond James downgraded shares of GSI Commerce (GSIC), a provider of e-commerce and interactive marketing services to businesses, from an “outperform” rating to a “market perform” rating. Goldman Sachs downgraded shares of Jones Apparel Group Inc. (JNY) from a “neutral” rating to a “sell” rating...
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Options Brief: American Eagle Outfitters (AEO)
Tuesday, May 10, 2011 - 10:05am | 82Shares of American Eagle Outfitters (NYSE: AEO) are lower on the session by 0.82%, trading at $14.45. Overall put volume is now running at 3.26x the daily average, with 0% of all puts traded being purchases on the offer. 4,326 contracts have traded on the session so far. American Eagle...