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Skechers U.S.A. (SKX) - Bear of the Day
Thursday, January 13, 2011 - 3:01am | 176Skechers U.S.A. (SKX) third-quarter 2010 results missed the Zacks expectations for the top and bottom lines, reflecting sluggish sales trends and order cancellations. Consequently, total inventories increased 70.3% to $326.7 million over the prior-year quarter. Management hinted that extended...
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Skechers U.S.A. (SKX) - Bear of the Day
Thursday, January 13, 2011 - 1:00am | 176Skechers U.S.A. (SKX) third-quarter 2010 results missed the Zacks expectations for the top and bottom lines, reflecting sluggish sales trends and order cancellations. Consequently, total inventories increased 70.3% to $326.7 million over the prior-year quarter. Management hinted that extended...
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Piper Jaffray Overweight On Crocs (CROX)
Wednesday, January 12, 2011 - 9:01am | 121Piper Jaffray is reiterating its Overweight rating and $20 price target on shares of Crocs, Inc. (NASDAQ: CROX). In a note sent to clients, Piper Jaffray writes, "We are reiterating our Overweight rating and $20 price target following a group meeting with CROX CEO and CAO. Sales of new styles...
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LaCrosse Preliminary Sales Up - Analyst Blog
Thursday, January 6, 2011 - 1:00pm | 540LaCrosse Footwear Inc. (BOOT), a leading developer and marketer of premium, branded footwear for the work and outdoor market announced its preliminary sales results for the fourth quarter and fiscal 2010. The company is slated to report its full results on February 1, 2011. Portland, Oregon-...
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LaCrosse Preliminary Sales Up - Analyst Blog
Thursday, January 6, 2011 - 12:15pm | 540LaCrosse Footwear Inc. (BOOT), a leading developer and marketer of premium, branded footwear for the work and outdoor market announced its preliminary sales results for the fourth quarter and fiscal 2010. The company is slated to report its full results on February 1, 2011. Portland, Oregon-...
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Skechers Selects Teradata Appliance
Thursday, January 6, 2011 - 11:01am | 44Teradata Corporation (NYSE: TDC) today announced that SKECHERS USA, Inc. (NYSE: SKX) has selected a Teradata Data Warehouse Appliance as the keystone to its next-generation business intelligence infrastructure.
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Fortune Brands May Select Morgan Stanley To Sell Golf Unit
Thursday, January 6, 2011 - 2:11am | 153Fortune Brands (NYSE: FO), the maker of Jim Beam bourbon and Titleist golf balls, is reportedly considering selecting Morgan Stanley (NYSE: MS) to manage the sale of its golf business, according to a report by Bloomberg News. The investment bank may approach potential buyers such as Nike (NYSE: NKE...
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LaCrosse Footwear Announces Record Preliminary Results for the Fourth Quarter and Full Year 2010
Wednesday, January 5, 2011 - 5:00pm | 125LaCrosse Footwear, Inc. (Nasdaq: BOOT), a leading provider of premium, branded footwear for work and outdoor users, announced its preliminary, unaudited sales results for the quarter and year ended December 31, 2010. For the fourth quarter of 2010, LaCrosse expects to report net sales of...
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Puts Purchased on Skechers U.S.A. (SKX)
Wednesday, January 5, 2011 - 2:20pm | 144Shares of Skechers U.S.A. (NYSE: SKX) are higher on the session by 0.92%, currently trading at $19.74. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 11:39am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 11:11am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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Citi Comments On Apparel & Footwear Outlook
Tuesday, January 4, 2011 - 9:42am | 227For 2011, Citi recommends stocks based on sales acceleration potential, margin recovery, & inventory control; company ability to protect margins by passing on costs/mitigating cost increases; and/or compelling valuation. Citi's top athletic/footwear plays: Nike (NYSE: NKE) & Dick's (NYSE:...
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Iconix Brand Announces Expansion Into India
Tuesday, January 4, 2011 - 9:21am | 43Iconix Brand Group, Inc. (Nasdaq: ICON), today announced that it has signed its first license agreement in India. Iconix has entered into a long-term Direct-to-Retail license with Arvind Limited for its Mossimo ® brand in India.
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Fast Money Picks For January 4th (MPEL, EMN, NKE, MS)
Monday, January 3, 2011 - 8:04pm | 174On CNBC's Fast Money, Brian Kelly recommended Morgan Stanley (NYSE: MS) as a buy. Morgan Stanley (MS) jumped 3.75% today, and it closed at $28.23. Guy Adami thinks that Eastman Chemical Company (NYSE: EMN) trade still works. He is a buyer of this stock. Eastman Chemical Company (EMN) gained 1.51%...
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Year-End 2010: Looking Backward and Forward (in Volatility Terms)
Friday, December 31, 2010 - 5:03pm | 1498Volatility for an options trader can basically mean two different things. There is historical volatility and implied volatility. Actual historical volatility is the objective measurement of the past movement of a security expressed in annualized terms. Typically, this compares prices on a close-...