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Piper Jaffray Reiterates Crocs' Overweight Rating
Tuesday, April 19, 2011 - 7:42am | 131According to Piper Jaffray, Crocs (NASDAQ: CROX) Overweight rating is reiterated. Piper Jaffray reported that it is reiterating its Overweight rating following meetings with Crocs' management teams across Asia. “We also visited stores in China, Japan, Korea and Hong Kong and observed strong...
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A Peek Into The Market Before The Trading Starts
Tuesday, April 19, 2011 - 7:34am | 355Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting earnings reports from many companies. Futures on the Dow Jones Industrial Average gained 10 points to 12,150.00 and futures on the S&P 500 stock index rose 1.30 points to 1,302.40. Nasdaq 100 futures...
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Wolverine World Wide Reports Q1 EPS of $0.72
Tuesday, April 19, 2011 - 6:39am | 57Wolverine World Wide Inc (NYSE: WWW) reported its Q1 EPS at $0.72, versus the consensus of $0.66. WWW reported its Q1 revenue at $330.9 million, versus the consensus of $324.41 million. WWW shares fell 1.65% to close at $37.59 yesterday. Read more from Benzinga's Company news.
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Options Brief: NIKE, Inc. (NKE)
Monday, April 18, 2011 - 10:22am | 110Shares of NIKE, Inc. (NYSE: NKE) are lower on the session by 1.79%, trading at $77.32. Overall put volume is now running at 2.06x the daily average, with 1% of all puts traded being purchases on the offer. 15,514 contracts have traded on the session so far. NIKE, Inc. is engaged in design,...
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Deckers Outdoor Corporation Appoints Stephen Murray as President, EMEA (DECK)
Monday, April 18, 2011 - 7:19am | 129Deckers Outdoor Corporation (NASDAQ: DECK) announced today the appointment of Stephen Murray as the company's President of Europe, Middle East and Africa, effective June 1. Murray will oversee Deckers' subsidiary and distributor businesses which include the UGG® Australia, Teva®, Tsubo® and Simple...
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Deckers Outdoor Corporation Appoints Stephen Murray as President, EMEA (DECK)
Monday, April 18, 2011 - 7:16am | 186Deckers Outdoor Corporation (NASDAQ: DECK) announced today the appointment of Stephen Murray as the company's President of Europe, Middle East and Africa, effective June 1. Murray will oversee Deckers' subsidiary and distributor businesses which include the UGG Australia, Teva, Tsubo and Simple...
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Analyzing the Most Pivotal Earnings Season of the Recovery
Friday, April 15, 2011 - 12:49pm | 757By Atlantic Capital Management This has to be the most pivotal earnings season of the current “recovery." The markets can sense the coming crossroads as investors anxiously await confirmation that rising commodities have either had little effect or that margins are beginning to erode like Nike's (...
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Sterne Agee On WWW Earnings Preview
Thursday, April 14, 2011 - 8:36am | 100Sterne Agee has issued a report on the 1Q11 earnings eastimates for Wolverine World Wide (NYSE: WWW). Sterne Agee writes, " We are forecasting EPS of $0.64 on revenue of $317.5M compared to 1Q10 EPS of $0.56 and revenue of $284.9M. WWW management only provided FY11 EPS guidance of $2.35 to $2.45...
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Nike Names Jim Calhoun New CEO of Hurley (NKE)
Wednesday, April 13, 2011 - 4:17pm | 118NIKE (NYSE: NKE) today announced that Jim Calhoun is joining the company as the VP & CEO of Hurley reporting to NIKE, Inc. President of Affiliates Roger Wyett. Calhoun, 43, joins Nike from Levi Strauss & Company, where he had worked since 2008 as Executive Vice President & President of...
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Wolverine World Wide Hits 52-Week High (WWW)
Wednesday, April 13, 2011 - 3:07pm | 35Wolverine World Wide (NYSE: WWW) has hit a 52-week high in today's trading. At last check, the year-to-date performance of Wolverine World Wide is a gain of 20.1%.
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An International Tradition Unlike Any Other: Brian Sozzi Discusses The Masters & Some Trading Ideas (RL, NKE, DKS)
Monday, April 11, 2011 - 9:13am | 442Brian Sozzi of Wall Street Strategies is out with a note this morning on the Masters, and how golf is going to continue to explode in the coming years, especially as we get closer to the 2016 Olympics. In the note, Sozzi discusses the newest Masters champion, South African Charl Schwartzel who...
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Deckers Fails Test, Falls (DECK)
Wednesday, April 6, 2011 - 3:03pm | 253Shares of Deckers Outdoor (NASDAQ: DECK), an outdoor footwear company, were looking to make a run at their 52-week high of $94.70 this morning, but the early surge was quickly sold into and bears pushed the stock 1.12% into negative territory at $89.46. Sellers jumped in at 9:40 a.m. EST, just...
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Options Update: Deckers Outdoor Corporation (DECK)
Wednesday, April 6, 2011 - 1:45pm | 116Shares of Deckers Outdoor Corporation (NASDAQ: DECK) are lower on the session by 1.27%, trading at $89.43. More than half way through today's session, Deckers Outdoor Corporation has traded 3,000 calls and 819 puts. Calls have been outnumbering puts for the majority of the past two weeks. Today'...
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Anthony Scaramucci's Hedge Fund Trade Of The Week: NIKE (NKE)
Tuesday, April 5, 2011 - 8:14pm | 203Anthony Scaramucci said on CNBC's Fast Money that this week's hedge fund trade of the week is NIKE, Inc. (NYSE: NKE). He said that the stock fell approximately 15% over the last month, as investors were worried about lower margins. Mr. Scaramucci thinks that NIKE, Inc. (NKE) is a great stock, and...
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Sears and Kmart Announce Exclusive Home Products Line with TV Star Sandra Lee
Tuesday, April 5, 2011 - 11:01am | 102TV star, entrepreneur and bestselling author Sandra Lee has entered into a direct-to-retail license agreement with Sears Holdings (NASDAQ: SHLD) for home products. The exclusive collection of home products, Sandra by Sandra Lee, will be available in Sears and Kmart stores in spring 2012. The...