-
Piper Jaffray Maintains Overweight Rating On Kohl's
Thursday, August 11, 2011 - 9:11am | 29According to Piper Jaffray, Kohl's (NYSE: KSS), Overweight rating has been maintained and PT is set to $60. Kohl's closed yesterday at $44.29.
-
Earnings Roundup
Thursday, August 11, 2011 - 9:10am | 1122Elizabeth Arden Inc (NASDAQ: RDEN) reported a strong rise in its fiscal fourth-quarter earnings. Elizabeth Arden reported its quarterly profit at $5.4 million, or $0.18 per share, up from $2.3 million, or $0.08 per share, in the year-ago period. Its sales surged 11% to $253.8 million. However,...
-
Morgan Stanley Reiterates Equal-Weight on Kohl's
Thursday, August 11, 2011 - 9:10am | 56Morgan Stanley reiterated its Equal-weight rating on Kohl's (NYSE: KSS). At the same time, the rating agency does not have a price target placed on the company's stock. On Wednesday, KSS closed the day at $44.29. Its shares added 6.12% to their value in today's pre-market trading to stand around $...
-
Brian Sozzi Discusses Macy's, Kohl's Earnings
Thursday, August 11, 2011 - 8:46am | 328Brian Sozzi of Wall Street Strategies is out with a research report discussing earnings from Macy's (NYSE: M) and Kohl's (NYSE: KSS), as well as the health of the retail sector. In the note, Sozzi says that the strong reports from Macy's and Kohl's have defied the conventional wisdom of consumer...
-
Bank of America Merrill Lynch Has Buy On Macy's
Thursday, August 11, 2011 - 8:03am | 133Bank of America Merrill Lynch is out with a research report on Macy's (NYSE: M) after it reported earnings yesterday. It has a Buy rating and a $35 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "Macy's reported 2Q11 EPS of $0.55, above our $0.49 estimate on...
-
News Summary for August 11, 2011
Thursday, August 11, 2011 - 7:53am | 648This is your Benzinga news summary and traders' outlook for Thursday, August 11, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after a 500 point drop in the Dow yesterday. At last check, Dow...
-
UPDATE: Kohl's Reports 16.5% Rise In Q2 Earnings, Lifts 2011 Profit Forecast
Thursday, August 11, 2011 - 7:27am | 84Kohl's Corp (NYSE: KSS) reported a 16.5% rise in its second-quarter earnings and raised 2011 earnings forecast. Kohl's quarterly earnings surged to $303 million, or $1.09 per share, from $260 million, or $0.84 per share, in the year-earlier period. Its revenue rose to $4.25 billion from $4.1...
-
US Stock Futures Up; Cisco Shares Jump In Pre-Market
Thursday, August 11, 2011 - 5:56am | 490US stock futures are higher this morning, after a strong decline in the prior session. Shares of Cisco Systems Inc (NASDAQ: CSCO) surged about 9.2% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average surged 128 points to 10,853.00...
-
Earnings Scheduled For August 11
Thursday, August 11, 2011 - 3:43am | 554Brinker International Inc (NYSE: EAT) is estimated to report its Q4 EPS at $0.47 on revenue of $710.57 million. NVIDIA Corporation (NASDAQ: NVDA) is projected to report its Q2 EPS at $0.25 on revenue of $1.01 billion. Kohl's Corporation (NYSE: KSS) is projected to report its Q2 EPS at $1.02 on...
-
Earnings Roundup
Wednesday, August 10, 2011 - 9:33am | 1025Macy's Inc (NYSE: M) reported upbeat second-quarter profit and lifted its full-year profit forecast. Macy's reported its quarterly profit at $241 million, or $0.55 per share, up from $147 million, or $0.35 per share, in the year-ago period. Its sales climbed 7.3% to $5.94 billion. However, analysts...
-
UPDATE: Macy's Reports Upbeat Q2 Profit, Raises Full-Year Profit Projections
Wednesday, August 10, 2011 - 8:24am | 117Macy's Inc (NYSE: M) reported upbeat second-quarter profit and lifted its full-year profit forecast. Macy's reported its quarterly profit at $241 million, or $0.55 per share, up from $147 million, or $0.35 per share, in the year-ago period. Its sales climbed 7.3% to $5.94 billion. However,...
-
Jefferies Downgrades COST, HD, KSS, LOW, PETM, SPLS, TGT, USTR To Hold
Wednesday, August 10, 2011 - 7:27am | 153Jefferies & Company has downgraded the following companies: Costco (NASDAQ: COST) $74.66, from Buy to Hold PT from $93 to $71 Home Depot (NYSE: HD) $30.15, from Buy to Hold, PT from $44 to $33 Kohl's (NYSE: KSS) $46.56, from Buy to Hold, PT from $63 to $50 Lowe's (NYSE: LOW) $19.17, from...
-
US Stock Futures Slightly Down; Gold Futures Surge
Wednesday, August 10, 2011 - 6:10am | 555US stock futures are slightly lower this morning, after the Federal Open Markets Committee pledged to keep rates at an all-time low through mid-2013. Futures for the Dow Jones Industrial Average dipped 31 points to 11,163.00 and S&P 500 index futures fell 2.70 points to 1,169.00. Nasdaq 100...
-
Earnings Scheduled For August 10
Wednesday, August 10, 2011 - 4:02am | 483Polo Ralph Lauren Corporation (NYSE: RL) is expected to report its Q1 EPS at $1.45 on revenue of $1.43 billion. Macy's Inc (NYSE: M) is estimated to report its Q2 earnings at $0.49 per share on revenue of $5.87 billion. Cisco Systems Inc (NASDAQ: CSCO) is projected to report its Q4 EPS at $0.38...
-
Stocks To Watch For August 10
Wednesday, August 10, 2011 - 2:53am | 270Some of the stocks that may grab investor focus today are: Wall Street expects Cisco Systems Inc (NASDAQ: CSCO) to report its Q4 EPS at $0.38 on revenue of $10.98 billion. Cisco shares gained 0.25% to $14.09 in after-hours trading. Walt Disney Company (The) (NYSE: DIS) reported an 11% rise in its...