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Goldman Sachs Lowers PT On Urban Outfitters Inc. (URBN)
Tuesday, March 8, 2011 - 9:04am | 109Goldman Sachs is out with its report on Urban Outfitters Inc. (NASDAQ: URBN), lowering its PT from $37 to $36. "4Q EPS of $0.45 missed GS/consensus $0.52. Downside was driven primarily by a lower gross margin as well as a higher tax rate and slightly weaker sales," Goldman Sachs writes. "...
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Citi Comments On Urban Outfitters' Fashio Path Reminiscent Of Last Fashion Transition
Tuesday, March 8, 2011 - 9:03am | 119In a report published by Citi, Urban Outfitters' (NASDAQ: URBN) pattern thus far is eerily reminiscent of its last fashion transition. Citi said that margins are following a similar path to the transition in 2005/2006. “Sentiment was starkly different into tonight's 4Q release vs 3Q, and we think...
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Citigroup Lowers PT On Urban Outfitters To $34
Tuesday, March 8, 2011 - 8:43am | 28Citigroup has lowered the price target on Urban Outfitters (NASDAQ: URBN) from $38 to $34 and maintains its Hold rating.
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A Peek Into The Market Before The Trading Starts
Tuesday, March 8, 2011 - 8:30am | 360Pre-open moversUS stock futures are higher this morning, as crude-oil prices declined marginally from 29-month highs. Futures on the Dow Jones Industrial Average climbed 30 points to 12,108.00 and futures on the S&P 500 stock index gained 4.60 points to 1,313.70. Nasdaq 100 futures rose 4.25...
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Piper Jaffray Discontinuing Coverage Of J. Crew Group
Tuesday, March 8, 2011 - 8:28am | 107In a report published by Piper Jaffray is discontinuing coverage of J. Crew Group (NYSE: JCG). Piper Jaffray said that on Monday, March 7, Chinos Holdings, Inc. and Chinos Acquisition Corporation, affiliates of TPG Capital, L.P. and Leonard Green & Partners, L.P., completed its acquisition of...
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Piper Jaffray Reiterates Urban Outfiters' Neutral Rating
Tuesday, March 8, 2011 - 8:19am | 138In a report published by Piper Jaffray, Urban Outfitters' (NASDAQ: URBN) post-holiday slowdown weighs on its FQ4 gross margin. Piper Jaffray said that it is reiterating its Neutral rating on URBN shares following the company's FQ4 report in which same-store sales and gross margin fell short of...
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Deutsche Bank Lowers PT On Urban Outfitters To $38
Tuesday, March 8, 2011 - 8:07am | 29Deutsche Bank has lowered the price target on Urban Outfitters (NASDAQ: URBN) from $42 to $38 and maintains its Buy rating.
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US Stock Futures Up As Crude Oil Futures Decline Marginally From 29-Month Highs, Urban Outfitters Down In Pre-Market Trading
Tuesday, March 8, 2011 - 7:35am | 546US stock futures are higher this morning, as crude-oil prices declined marginally from 29-month highs. Futures on the Dow Jones Industrial Average climbed 46 points to 12,124.00 and futures on the S&P 500 stock index gained 6.30 points at 1,315.40. Nasdaq 100 futures rose 7.50 points to 2,332....
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Stage Stores Reports Q4 EPS of $0.86
Tuesday, March 8, 2011 - 7:14am | 61Stage Stores (NYSE: SSI) reported its Q4 EPS at $0.86, versus the consensus of $0.85. SSI reported its Q4 revenue at $453.7 million, versus the consensus of $452.94 million. SSI shares fell 4.06% to close at $16.05 yesterday. Read more from Benzinga's Company news.
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Stocks To Watch For March 8 (URBN, DMND, BSFT, DKS, CASY)
Tuesday, March 8, 2011 - 3:16am | 344Some of the stocks that may grab investor focus today are: Urban Outfitters Inc (NASDAQ: URBN) reported its FQ4 net income at $75.2 million, or $0.45 per share, versus $77.7 million, or $0.45 per share, in the year-ago period. The company's sales increased 14% y/y to $668.4 million. However,...
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Urban Outfitters Crushed After Missing EPS and Revenue Estimates (URBN)
Monday, March 7, 2011 - 5:06pm | 240Urban Outfitters (NASDAQ: URBN) reported preliminary EPS results of $0.45 versus the $0.52 Thomson Reuters consensus. Revenues for the period came in at $668.4M versus the $674.92M Thomson Reuters consensus. The stock lost over 8% of its value in post-market trading due to the disappointment,...
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Urban Outfitters Reports EPS of $0.45 vs. $0.52; Revenues $668M vs. $674.92M
Monday, March 7, 2011 - 5:02pm | 59Urban Outfitters, Inc. (Nasdaq: URBN) today announced earnings of $75 million and $273 million for the fourth quarter and year ended January 31, 2011, respectively. Earnings per diluted share were $0.45 for the quarter and $1.60 for the year. Total Company net sales rose by 14% over the same...
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According to Sources American Eagle Looking for New CEO - WSJ
Monday, March 7, 2011 - 4:46pm | 25According to sources, American Eagle (NYSE: AEO) is looking for a new CEO, WSJ reports.
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TPG Capital And Leonard Green & Partners Complete Acquisition Of J.Crew
Monday, March 7, 2011 - 10:14am | 81J.Crew Group, Inc. (NYSE: JCG) today announced the completion of its acquisition by Chinos Holdings, Inc. and Chinos Acquisition Corporation, affiliates of TPG Capital, L.P. and Leonard Green & Partners, L.P., for $43.50 per share in cash. The transaction was approved by J.Crew's stockholders...
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Piper Jaffray Reiterates Overweight Rating For Genesco
Monday, March 7, 2011 - 9:20am | 153In a report published by Piper Jaffray, Genesco's (NYSE: GCO) visibility is improving with acquisitions. Piper Jaffray reported that it reiterates its Overweight rating on GCO shares following the company's FQ4 results and believe further sales upside exists in FY12, especially as the retailer...