-
The Wet Seal, Inc. Names Ken Seipel as President and COO
Monday, March 21, 2011 - 4:30pm | 53The Wet Seal, Inc. (Nasdaq: WTSLA) announced today it has entered into an employment contract with Ken Seipel to serve as its new president and chief operating officer through March 28, 2014. Reporting directly to CEO Susan P. McGalla, Mr. Seipel will assume his position on March 28, 2011.
-
Options Brief: Foot Locker, Inc. (FL)
Monday, March 21, 2011 - 11:18am | 83Shares of Foot Locker, Inc. (NYSE: FL) are higher on the session by 0.80%, trading at $18.82. Overall put volume is now running at 3.52x the daily average, with 4% of all puts traded being purchases on the offer. 1,681 contracts have traded on the session so far. Foot Locker, Inc. is a global...
-
Stage Stores Rallying +12%+ (SSI)
Friday, March 18, 2011 - 2:28pm | 32Stage Stores (NYSE: SSI) shares have been rallying strongly all day, currently up over 12% from yesterday's close while trading on heavy volume.
-
Sterne Agee Reports Strong Results For SCVL
Friday, March 18, 2011 - 9:32am | 142Sterne Agee has published a report on the strong results and positive outlook for Shoe Carnival, Inc. (NASDAQ: SCVL). Sterne Agee writes, “We are confident that the later Easter will likely result in 1Q11 sales surpassing guidance, despite the difficult comparison due to toning shoes last year....
-
Goldman Raises PT On Ross Stores To $71, Introduces 2012 EPS Estimates
Friday, March 18, 2011 - 9:21am | 185Goldman Sachs has published a research report on Ross Stores, Inc. (NASDAQ: ROST) after 4Q earnings that show the company is on track for a "beat-and raise" in 2011. In the report, Goldman Sachs writes "We continue to believe the company has set a conservative bar for 2011 and expect a beat-and-...
-
Morgan Stanley Discontinues Coverage (ED, XEL, EIX, DUK, D, DTE)
Friday, March 18, 2011 - 8:35am | 131Morgan Stanley discontinued coverage of Consolidated Edison (NYSE: ED), Xcel Energy (NYSE: XEL), Edison International (NYSE: EIX), Duke Energy (NYSE: DUK), Dominion Resources (NYSE: D), DTE Energy (NYSE: DTE), CMS Energy (NYSE: CMS), Ross Stores (NASDAQ: ROST), American Electric Power (NYSE: AEP...
-
Benzinga's Top Downgrades (AN, CDCS, AUXL, AEO)
Friday, March 18, 2011 - 8:21am | 147AutoNation Inc (NYSE: AN) was downgraded by Credit Suisse from "outperform" to "neutral." AN's shares closed at $33.17 yesterday. AutoNation's trailing-twelve-month profit margin is 1.82%. Macquarie downgraded CDC Software Corporation (NASDAQ: CDCS) from “outperform” to “neutral.” CDCS' stock...
-
Oppenheimer Reiterates New York & Co Outperform, Raises PT To $6.50 (NWY)
Friday, March 18, 2011 - 8:11am | 152Oppenheimer reiterated its New York & Co (NYSE: NWY) Overweight rating and raised New York & Co's price target from $5.70 to $6.50 in a research note published today. In the report, Oppenheimer states, "NWY reported FY4Q10 EPS of $0.24 (with a $0.04 non-operating tax adjustment), above our...
-
Piper Jaffray Maintains Ross Stores Neutral, $66 PT (ROST)
Friday, March 18, 2011 - 8:06am | 108Piper Jaffray maintained its Ross Stores (NASDAQ: ROST) Neutral rating and $66 price target in a research note published today. In the report, Piper Jaffray states, "Ross Stores reported FQ4 EPS of $1.37, in line with our estimate, consensus and the recent pre-announcement. Gross margin and...
-
Piper Jaffray Reiterates New York & Co Overweight, $10 PT (NWY)
Friday, March 18, 2011 - 7:50am | 154Piper Jaffray reiterated its New York & Co (NYSE: NWY) Overweight rating and $10 price target in a research report published today. In the report, Piper Jaffray states, "We are reiterating our Overweight rating on NWY shares following the company's FQ4 earnings report. While we acknowledge...
-
Brean Murray Reiterates Hold Rating On NWY
Friday, March 18, 2011 - 7:32am | 72Brean Murray is reiterating its Hold rating on shares of New York & Company Inc. (NYSE: NWY). Brean Murray is also raising its FY2012 EPS estimate to a los of $0.05 (from a loss of $0.26), and has released its new FY2013 EPS of $0.25 “after New York & Company beat our 4QFY2011 EPS...
-
Susquehanna Downgrades AEO To Neutral
Friday, March 18, 2011 - 7:01am | 46Analysts at Susquehanna downgrade American Eagle Outfitters (NYSE: AEO) from “positive” to “neutral.” AEO shares fell 1.82% to close at $15.14 yesterday. More Analyst Ratings here
-
Shoe Carnival Inc. Reports EPS of $0.33 vs. $0.31; Revenue $179.9M vs. $180.93M
Thursday, March 17, 2011 - 4:15pm | 92Shoe Carnival, Inc. (NASDAQ: SCVL) today reported sales and earnings for the 13-week fourth quarter ended January 29, 2011. Net sales for the fourth quarter of fiscal 2010 increased 5.3 percent to $179.9 million from $170.8 million in the fourth quarter of 2009. Comparable store sales increased...
-
Shoe Carnival Beats On Top Line, Misses Revenue Projections; Guidance Ahead Of The Street (SCVL)
Thursday, March 17, 2011 - 4:14pm | 97Shoe Carnival (NASDAQ: SCVL) released its Q4 earnings results on Thursday. The company reported EPS of $0.33 versus analysts' consensus estimates of $0.31. Revenues were up 5.3% year over year to $179.9 million, which came in below Street consensus expectations of $180.9 million. Looking ahead to...
-
New York & Company Reports Q4 EPS of $0.13f vs. $0.17
Thursday, March 17, 2011 - 4:02pm | 200New York & Company, Inc. (NYSE: NWY) today announced results for the fourth quarter. Net income from continuing operations in the fourth quarter of fiscal year 2010 increased to $14.9 million, or $0.24 per diluted share, which includes favorable non-operating tax adjustments of $0.04 per...