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Piper Jaffray Upgrades New York & Company To Overweight
Tuesday, February 22, 2011 - 8:18am | 29Piper Jaffray has upgraded New York & Company (NYSE: NWY) from Neutral to Overweight and has raised the price target from $5 to $10.
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Piper Jaffray Upgrades New York & Company To Overweight
Tuesday, February 22, 2011 - 8:18am | 29Piper Jaffray has upgraded New York & Company (NYSE: NWY) from Neutral to Overweight and has raised the price target from $5 to $10.
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Piper Jaffray Upgrades New York & Company To Overweight
Tuesday, February 22, 2011 - 8:18am | 29Piper Jaffray has upgraded New York & Company (NYSE: NWY) from Neutral to Overweight and has raised the price target from $5 to $10.
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Piper Jaffray Ups NWY To Overweight
Tuesday, February 22, 2011 - 8:04am | 53Analysts at Piper Jaffray upgrade New York & Company Inc (NYSE: NWY) from “neutral” to “overweight.” The target price for NWY has been raised from $5 to $10. NWY shares gained 0.64% to close at $6.28 on Friday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Advises Investors To Buy Jabil Circuit, AK Steel (PAG, AN, MNRO, CHK, JBL, AKS, ANF, TXT)
Tuesday, February 22, 2011 - 4:14am | 230On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Penske Automotive Group (NYSE: PAG) is “good.” He added, “I also like AutoNation (NYSE: AN) and Monro Muffler (NASDAQ: MNRO). That's a three for one." For Chesapeake Energy (NYSE: CHK), Cramer said, "I think the preferred shares...
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Events to Monitor Over Weekend 02-18-2011
Friday, February 18, 2011 - 7:40pm | 784Cusick's Corner From a technical perspective, this market is strong and is showing no sign of any short-term resistance. While technicals are in line, next resistance level S&P 1344, there are some fundamental events that you should monitor over the weekend. First, German elections -- it looks...
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Brown Shoe Acquires American Sporting Goods Corporation for $145M
Thursday, February 17, 2011 - 5:39pm | 44Brown Shoe Company, Inc. (NYSE: BWS) and American Sporting Goods Corporation today announced that Brown Shoe has acquired ASG, a leading designer, manufacturer and marketer of athletic footwear, for $145 million in cash plus assumed net debt.
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Zings Of The Day (ANF)
Thursday, February 17, 2011 - 4:58pm | 57The U.S. government is going to crack down on companies that have illegal workers working for them, such as Abercrombie & Fitch (NYSE: ANF). Can they crack down on the excessive use of cologne in the stores too? Sheeesh.
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UPDATE: Deutsche Bank Raises PT on Abercrombie & Fitch to $52 (ANF)
Thursday, February 17, 2011 - 10:37am | 145Deutsche Bank is out with its report today on Abercrombie & Fitch (NYSE: ANF), raising its PT from $47 to $52. In a note to clients, Deutsche Bank writes, "4Q Oper. EPS came in at $1.38, ahead of $1.32 consensus and DB's $1.36. Gross margin was flat y/y vs. mgmt.'s soft plan of -40bp. Stores...
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Valence Technology Victorious in Canadian Patent Infringement Lawsuit
Thursday, February 17, 2011 - 10:07am | 152Valence Technology, Inc. (NASDAQ: VLNC) prevailed in a patent infringement lawsuit regarding the Company's carbothermal reduction technology. The lawsuit was filed against Phostech Lithium, Inc. on January 31, 2007. Per the judgment, Justice Johanne Gauthier ruled in Valence's favor, finding...
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Deutsche Bank Raises PT On Abercrombie & Fitch To $52
Thursday, February 17, 2011 - 9:08am | 27Deutsche Bank has raised the price target on Abercrombie & Fitch (NYSE: ANF) from $47 to $52 and maintains its Hold rating.
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Oppeneheimer Gives Color On Abercrombie, Peet's Coffee & Tea Following Earnings (ANF, PEET)
Thursday, February 17, 2011 - 8:56am | 161Abercrombie & Fitch (NYSE: ANF) reported FY4Q10 EPS of $1.38, above consensus of $1.32 and Oppenheimer's $1.30 estimate. Revenues increased 23% to $1,149.4M, GM increased a better than expected 10 bps to 63.6%. Total inventory on hand increased 22%, a deceleration from +47% in Q3 and in line...
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Susquehanna Ups ANF To Positive
Thursday, February 17, 2011 - 8:01am | 40Analysts at Susquehanna upgrade Abercrombie & Fitch Co (NYSE: ANF) from “neutral” to “positive.” ANF shares jumped 7.58% to close at $57.46 yesterday. More Analyst Ratings here
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Susquehanna Downs CTRN To Neutral
Thursday, February 17, 2011 - 7:51am | 40Analysts at Susquehanna downgrade Citi Trends Inc (NASDAQ: CTRN) from “positive” to “neutral.” CTRN shares gained 0.65% to close at $21.65 yesterday. More Analyst Ratings here
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Fast Money Pops & Drops, February 16th (DVN, OC, LEA, ANF, OMX)
Wednesday, February 16, 2011 - 8:23pm | 212On CNBC's Fast Money Pops & Drops, Joe Terranova said that Devon Energy Corporation (NYSE: DVN) posted spectacular earnings, but the price action wasn't favorable. He added that investors with a long position should sell a half of their position. Devon Energy Corporation (DVN) fell 2.13%, and...