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Fast Money Pops & Drops, February 28th (POT, FSLR, ANN, M, HBC, CRM)
Monday, February 28, 2011 - 8:07pm | 303CNBC Fast Money's Tim Seymour is bullish on Potash Corp./Saskatchewan (USA) (NYSE: POT). He explained that potash prices are going higher, because there are some negotiations with the Brazilians at $540 per tonne and the Chinese are next. Potash Corp./Saskatchewan (USA) (POT) gained 2.67% today,...
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Options Brief: The Men's Wearhouse (MW)
Monday, February 28, 2011 - 3:22pm | 93Shares of The Men's Wearhouse (NYSE: MW) are lower on the session by 2.91%, trading at $26.69. Overall put volume is now running at 12.08x the daily average, with 49% of all puts traded being purchases on the offer. 1,631 contracts have traded on the session so far. The Men's Wearhouse, Inc. is a...
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Sterne Agee Tours New Store Concept From Talbots
Monday, February 28, 2011 - 10:10am | 147Sterne Agee has published a research report on Talbots, Inc. (NYSE: TLB) after touring the company's new store design concept. In the report, Sterne Agee writes "We toured the recently opened new design concept stores in Garden State Plaza on Friday. Open several weeks, the store apparently has met...
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Piper Jaffray Lowers PT On AnnTaylor Stores To $21
Monday, February 28, 2011 - 8:21am | 27Piper Jaffray has lowered the price target on AnnTaylor Stores (NYSE: ANN) from $23 to $21 and maintains its Neutral rating.
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UPDATE: Deutsche Bank Raises PT on The Gap to $19 (GPS)
Friday, February 25, 2011 - 10:40am | 141Deutsche Bank is out with its report on The Gap (NYSE: GPS), raising its price target from $17.50 to $19. In a note to clients, Deutsche Bank writes, "In our view, the key takeaway for Gap Inc. continues to be an over-reliance on buybacks to drive EPS. In 4Q, buybacks accounted for 79% of EPS...
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Deutsche Bank Raises PT On The Gap To $19
Friday, February 25, 2011 - 8:58am | 28Deutsche Bank has raised the price target on The Gap, Inc. (NYSE: GPS) from $17.50 to $19 and maintains its Sell rating.
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Oppenheimer Has Perform On Gap After Earnings (GPS)
Friday, February 25, 2011 - 8:42am | 151Oppenheimer & Co. has a Perform rating on The Gap Inc. (NYSE: GPS) after it reported earnings yesterday. In a note to clients, Oppenheimer writes, "GPS reported FY4Q10 EPS of $0.60 vs. our/consensus of $0.57. Previously reported revenues increased 3% to $4.364B while comps were flat vs. +2% ly...
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Piper Jaffray Maintains OW Rating, $25 PT On GPS
Friday, February 25, 2011 - 8:41am | 124Piper Jaffray is maintaining its OW rating and $25 PT on shares of Gap Inc. (NYSE: GPS). “We are maintaining our OW rating on GPS shares following the company's FQ4 and year-end earnings report. FY11 EPS of $1.88 exceeded Gap's revised guidance of $1.85-$1.86 and prior guide of $1.77-$1.82 as well...
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Oil Falls & Market Bounces Amid Rumors Gadhafi Shot 02-24-2011
Thursday, February 24, 2011 - 7:41pm | 938Cusick's Corner oXSocialsphere was white hot with discussion on the rumored news of Gadhafi being shot, which took $2 out of the Crude and the market rallied to just below breakeven. As I mentioned in the Midday, the bid seemed to be lurking around and bit into the After Hours. The headline risk...
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Gap Announces Buyback, Dividend Increase, And Beats Earnings Estimates (GPS)
Thursday, February 24, 2011 - 5:24pm | 283Delivering its fourth consecutive year of double-digit earnings per share growth, Gap Inc. (NYSE: GPS) today reported earnings per share for fiscal year 2010 increased 19 percent to $1.88 on a diluted basis compared with $1.58 on a diluted basis for fiscal year 2009. Net earnings grew by $102...
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Gap Inc. Announces New $2 Billion Share Repurchase Authorization
Thursday, February 24, 2011 - 5:20pm | 106Gap Inc. (NYSE: GPS) today announced that its Board of Directors approved several decisions that underscore the company's financial health and commitment to delivering value to its shareholders. Gap Inc.'s Board of Directors approved an additional $2 billion share repurchase authorization and a...
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Gap Inc Reports EPS of $0.60 vs. $0.57; Revenue $4.36B vs. $4.26B
Thursday, February 24, 2011 - 5:18pm | 145Gap Inc. (NYSE: GPS) today reported earnings per share for fiscal year 2010 increased 19 percent to $1.88 on a diluted basis compared with $1.58 on a diluted basis for fiscal year 2009. Net earnings grew by $102 million to $1.2 billion. For the fourth quarter, which ended January 29, 2011, the...
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Leaving on a Jet Plane, Will the Market Come Back Again? 02-24-2011
Thursday, February 24, 2011 - 4:06pm | 958Cusick's Corner Looks like Colonel Gadhafi is singing a new tune, “I am leaving on a jet plane. I don't know when I'll be back again...” (I never thought I would ever incorporate a Peter, Paul & Mary song.) There are reports that Gadhafi is attempting to flee the country. While the initial...
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Trading Gap's Earnings Today (GPS, JCG, AEO)
Thursday, February 24, 2011 - 9:48am | 489Specialty retail company Gap (NYSE: GPS) is poised to release Q4 earnings today at market close. Analysts expect $0.57 earnings per share, an increase from $0.51 one year ago; an 11% increase. Analysts also expect Gap to report $4.26 billion in revenue. With a low forward P/E of 11.57, TTM levered...
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Michael Lyftogt Named as CFO of Christopher & Banks Corporation
Thursday, February 24, 2011 - 9:34am | 64Christopher & Banks Corporation (NYSE: CBK) announced today that Michael Lyftogt has been elected Senior Vice President, Chief Financial Officer of the Company. Mr. Lyftogt has worked at the Company for twelve years in a variety of financial roles including Chief Accounting Officer and Vice...