-
American Eagle Outfitters CEO To Retire
Wednesday, March 9, 2011 - 9:04am | 74American Eagle Outfitters, Inc. (NYSE: AEO) announced today that James V. O'Donnell, Chief Executive Officer, has informed the Board of Directors of his intention to retire, and the Company has initiated a succession process to be jointly led by Mr. O'Donnell and the Board. Mr. O'Donnell will...
-
A Peek Into The Market Before The Trading Starts
Wednesday, March 9, 2011 - 8:31am | 415Pre-open moversUS stock futures are higher this morning, after the prior session's rally. Oil futures dropped to $104.82 a barrel. Futures on the Dow Jones Industrial Average climbed 37 points to 12,236.00 and futures on the S&P 500 stock index gained 3.90 points to 1,324.00. Nasdaq 100 futures...
-
PLCE Reports Q4 EPS of $1.22
Wednesday, March 9, 2011 - 7:39am | 64Children's Place Retail Stores Inc (NASDAQ: PLCE) reported its Q4 EPS at $1.22, versus the consensus of $1.01. PLCE reported its Q4 revenue at $453.2 million, versus the consensus of $468.54 million. PLCE shares gained 0.94% to close at $43.88 yesterday. Read more from Benzinga's Company news.
-
US Stock Futures Slightly Up After Prior Session's Rally, Crude Oil Futures Drop To $104.82 Per Barrel
Wednesday, March 9, 2011 - 7:31am | 569US stock futures are slightly higher this morning, after the prior session's rally. Oil futures dropped to $104.82 a barrel. Futures on the Dow Jones Industrial Average climbed 27 points to 12,226.00 and futures on the S&P 500 stock index gained 2.40 points to 1,322.50. Nasdaq 100 futures rose...
-
Earnings Scheduled For March 9 (PLCE, BONT, JAS, MW, CWTR, HRB, KFY, AEO, IDSY, CMN, AIQ, BBEP, SIGA)
Wednesday, March 9, 2011 - 3:48am | 384Children's Place Retail Stores Inc (NASDAQ: PLCE) is projected to report its Q4 EPS at $1.01 on revenue of $468.54 million. Bon-Ton Stores Inc (NASDAQ: BONT) is expected to report its Q4 EPS at $4.30 on revenue of $1.02 billion. Jo-Ann Stores Inc (NYSE: JAS) is estimated to report its Q4 EPS at...
-
Stocks To Watch For March 9 (JAS, DMND, CWTR, SAM, AEO)
Wednesday, March 9, 2011 - 3:04am | 307Some of the stocks that may grab investor focus today are: Wall Street expects Jo-Ann Stores Inc (NYSE: JAS) to report its Q4 EPS at $1.53 on revenue of $626.38 million. JAS shares gained 0.16% to close at $60.90 yesterday. Diamond Foods Inc (NASDAQ: DMND) reported its Q2 earnings at $19.7...
-
Aeropostale to Expand Into Asia
Tuesday, March 8, 2011 - 5:04pm | 68Aeropostale, Inc. (NYSE: ARO) today announced that it has signed a licensing agreement with Montreal PTE Ltd., a joint venture between Apparel Group LLC and Jay Gee Melwani Group, to open approximately 25 stores across Singapore, Malaysia and Indonesia over the next five years. The first store...
-
Zings Of The Day (URBN, BKS)
Tuesday, March 8, 2011 - 4:59pm | 125Urban Outfitters Inc.'s (NASDAQ: URBN) shares were hit hard today, as fiscal fourth-quarter profit unexpectedly fell 3.1% on weaker margin and a higher tax payment, and lower revenues. I guess hippie's have to pay taxes too. Barnes & Noble Inc's (NYSE: BKS) has not been able to find a buyer...
-
Puts Bought on The Buckle, Inc. (BKE)
Tuesday, March 8, 2011 - 12:28pm | 143Shares of The Buckle, Inc. (NYSE: BKE) are lower on the session by 0.08%, currently trading at $36.74. The stock has been moving largely sideways over the past four months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while...
-
Wells Fargo Gives Earnings Preview On Aeropostale; Expects An In-Line Quarter
Tuesday, March 8, 2011 - 11:09am | 218Aeropostale (NYSE: ARO) is scheduled to report Q4:10 earnings on 3/10, after the close. The company already reported sales and guided EPS to $0.96-0.97. ARO's top line was disappointing in Q4 due to a lower average unit retail and merchandising issues in women's. Wells Fargo is modeling merchandise...
-
Sterne Agee Maintains Neutral on Aeropostale (ARO)
Tuesday, March 8, 2011 - 10:26am | 105Sterne Agee is out with its report today on Aeropostale (NYSE: ARO), maintaining Neutral. In a note to clients, Sterne Agee writes, "ARO is to release its Q4 results on March 10 after the close with a call at 4:15 pm. Our projection is for EPS of $0.97 against $0.99 last year. FC is at $0.96....
-
Stifel Nicolaus Comments on Below Expectation Results For Urban Outfitters
Tuesday, March 8, 2011 - 10:18am | 174In a report published by Stifel Nicolaus, Urban Outfitters' (NASDAQ: URBN) below expectation results are driven by increased markdowns. Stifel Nicolaus said that Urban Outfitters reported 4Q EPS of $0.45 (flat to LY), $0.07 below its estimate and consensus as increased markdowns necessary to clear...
-
Benzinga's Top Upgrades (NVDA, ANF, MIPS, WFT)
Tuesday, March 8, 2011 - 9:23am | 145NVIDIA Corporation (NASDAQ: NVDA) was upgraded by JP Morgan from "underweight" to "neutral." NVDA's shares closed at $20.47 yesterday. NVIDIA's PEG ratio is 1.08. BofA/Merrill upgraded Abercrombie & Fitch Company (NYSE: ANF) from “neutral” to “buy.” ANF's shares closed at $57.03 yesterday....
-
Benzinga's Top Pre-Market NASDAQ Losers (URBN, HTCH, TIVO, GOLD)
Tuesday, March 8, 2011 - 9:22am | 127Urban Outfitters Inc (NASDAQ: URBN) dipped 12.21% to $33.35 in the pre-market session. URBN reported weaker-than-expected FQ4 earnings. Hutchinson Technology Incorporated (NASDAQ: HTCH) lost 11.29% to $2.75 in the pre-market session. HTCH reported a manufacturing consolidation and restructuring...
-
Oppenheimer Maintains Outperform on Urban Outfitters (URBN)
Tuesday, March 8, 2011 - 9:05am | 98Oppenheimer is out with its report today on Urban Outfitters (NASDAQ: URBN), reiterating Outperform. In a note to clients, Oppenheimer writes, "We're encouraged that following a difficult January, trends have begun to improve domestically. While we expect near-term pressure as URBN clears through...