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Nike Declares $0.31 Quarterly Dividend
Thursday, February 17, 2011 - 5:41pm | 53NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.31 per share on the company's outstanding Class A and Class B Common Stock payable on April 1, 2011, to shareholders of record at the close of business on March 7, 2011.
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Calls Purchased on The Timberland Company (TBL)
Thursday, February 17, 2011 - 12:13pm | 130Shares of The Timberland Company (NYSE: TBL) are higher on the session by 23.83%, currently trading at $36.53. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today....
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Deckers Outdoor Rises 5% On Heavy Volume (DECK)
Thursday, February 17, 2011 - 12:07pm | 108Shares of Deckers Outdoor (NASDAQ: DECK), the maker of UGG boots and Teva sandals, has surged another 5.13% to $88.56 on Thursday. Volume has been heavy with more than 1.2 million DECK shares already trading hands during the session. The 52-week high in this name is $89.51. Deckers Outdoor...
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Morning Market Movers (XWES, WTW, TDSC, TBL)
Thursday, February 17, 2011 - 10:56am | 119World Energy Solutions Inc (DE) (NASDAQ: XWES) gained 33.20% to $3.25 at 9:55 am. XWES reported a 40% surge in its Q4 revenue. Weight Watchers International Inc (NYSE: WTW) shares surged 32.28% to $59.42. WTW reported better-than-expected Q4 results and issued upbeat FY11 earnings guidance. 3D...
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Sterne Agee Reiterates Skechers Sell, $16 PT (SKX)
Thursday, February 17, 2011 - 10:55am | 135Sterne Agee reiterated its Skechers (NYSE: SKX) Sell rating and $16 price target in a research report published today. In the report, Sterne Agee states, "While we believe there is value in the core SKX franchise, rapidly diminishing toning margins and an inappropriately sized cost structure are...
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Equity Research Provides Color On Timberland's Earnings (TBL)
Thursday, February 17, 2011 - 9:31am | 131Equity Research is out with a pre-market note on Timberland (NYSE: TBL) following Timberland's Q4 2010 announcement. In the report, Equity Research states, "There was sure no snow job with respect to Timberland's (TBL) 4Q10 results this morning. With the stock back at levels not touched since...
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Timberland Reports Q4 EPS of $0.82 vs. $0.51
Thursday, February 17, 2011 - 8:25am | 41The Timberland Company (NYSE: TBL) today reported fourth-quarter 2010 net income of $42.1 million and diluted earnings per share of $0.82. These results compare to fourth-quarter 2009 net income of $22.3 million and diluted earnings per share of $0.40.
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K Swiss Reports Q4 Loss of $0.58 per share
Thursday, February 17, 2011 - 8:07am | 61K Swiss Inc (NASDAQ: KSWS) reports its Q4 loss at $0.58 per share, versus the expected loss of $0.30 per share. KSWS reports its Q4 revenue at $42.6 million, versus the consensus of $46.78 million. KSWS shares fell 2.70% to close at $11.19 yesterday. Read more from Benzinga's Company news.
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Skechers USA Crushed After Disappointing Earnings (SKX)
Wednesday, February 16, 2011 - 5:15pm | 207Footwear company Skechers USA (NYSE: SKX) released its Q4 earnings after the closing bell on Wednesday. The company reported earnings per share of $0.07 compared to analysts' consensus EPS estimates of $0.13. Revenues were up 17% year over year to $456.6 million compared to Street consensus of $411...
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Morning Market Movers (CYAN, FDO, RCKY, LZB)
Wednesday, February 16, 2011 - 11:01am | 129Cyanotech Corporation (NASDAQ: CYAN) gained 65.27% to $4.33 at 10:00 am. University of California Davis research study indicated that CYAN's Spirulina Pacifica may improve immune function and ameliorate anemia in persons over age 50. Family Dollar Stores Inc (NYSE: FDO) shares surged 24.20% to $54...
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Iconix Brand Group Reports Q4 EPS of $0.33 vs. $0.30
Wednesday, February 16, 2011 - 9:09am | 162Iconix Brand Group, Inc. (Nasdaq: ICON) today announced financial results for the fourth quarter and year ended December 31, 2010. Total revenue for the fourth quarter of 2010 was approximately $88.0 million, a 34% increase as compared to approximately $65.8 million for the fourth quarter of 2009...
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Rocky Brands Reports Q4 EPs of $0.41 vs. $0.20
Tuesday, February 15, 2011 - 5:24pm | 112Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its fourth quarter and fiscal year ended December 31, 2010. For the fourth quarter of 2010, net sales increased 8.2% to $66.7 million versus net sales of $61.7 million in the fourth quarter of 2009. The Company reported net...
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Trading Olympic Golf (NKE, RL, DKS)
Tuesday, February 15, 2011 - 3:03pm | 290Brian Sozzi of Wall Street Strategies is out with a research report on some ideas to play Olympic Golf, which is scheduled to start in the 2016 Olympics. Sozzi notes that golf is coming back to the summer Olympics after more than a 100 year hiatus, as those in charge have realized the game is much...
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Brian Sozzi Likes Nike, Ralph Lauren (NKE, RL)
Monday, February 14, 2011 - 4:11pm | 342Brian Sozzi of Wall Street Strategies is out with a research report on Nike (NYSE: NKE) and Polo Ralph Lauren (NYSE: RL). Sozzi writes, "When I was but a wee lad I bothered dear old mom for the latest pair of Jordan sneakers from Nike (NKE). I never got them, but it was worth a shot. Today, the...
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Sterne Agee Has Buy On K-Swiss (KSWS)
Friday, February 11, 2011 - 8:50am | 128Sterne Agee has a Buy rating on shares of K-Swiss, Inc. (NASDAQ: KSWS), to go along with a $15 price target on shares. In a note to clients, Sterne Agee writes, "We are forecasting 4Q10 EPS of -$0.29 on revenue of $47.0M (+12%) and FY10 EPS of -$0.97 on sales of $221.37 (-8%). Company guidance...