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Perry Ellis International Announces Extension of License Agreement for Nike Swim
Tuesday, October 12, 2010 - 9:31am | 70Perry Ellis International (NASDAQ: PERY) announced today the extension of its license agreement with Nike, Inc. (NYSE: NKE) in which Perry Ellis will continue to design, produce, manufacture and distribute men's, women's and children's swimwear, performance and casual swimwear products, select...
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Longbow's Downgrades For FO, ETN, PH, WWW, KMT
Monday, October 11, 2010 - 11:01am | 68Longbow has downgraded the following companies from Buy to Neutral: Fortune Brands (NYSE: FO) Eaton (NYSE: ETN) Parker-Hannifin (NYSE: PH) Wolverine World Wide (NYSE: WWW) Kennametal (NYSE: KMT)
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NASDAQ Stocks Hitting 52-Week Highs (CROX, RDEN, DAVE, INTG)
Thursday, October 7, 2010 - 11:51am | 147Crocs Inc (NASDAQ: CROX) shares jumped 7.61% to create a new 52-week high of $14.57. Analysts at Sterne Agee initiated coverage of CROX with a “buy” rating. Elizabeth Arden Inc (NASDAQ: RDEN) shares gained 2.37% to touch a new 52-week high of $20.32. RDEN's earnings are likely to surge by 407.93%...
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If The SHOO Fits: Steve Madden Higher (SHOO)
Thursday, October 7, 2010 - 10:21am | 127Shares of Steven Madden, Ltd. (NASDAQ: SHOO) are higher today, as retailers reported better than expected September same-store-sales, and SHOO is benefitting. A technical look at SHOO shows that it has been hugging the top end of its Bollinger Band, and is well above all of its moving averages. If...
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Wedbush Resumes Coverage On Steve Madden
Wednesday, October 6, 2010 - 10:27am | 23Wedbush has resumed coverage on Steve Madden (NASDAQ: SHOO) at Outperform with a $50 price target.
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Declines In Footwear Spending Appears To Be Ending Which Bodes Well For DECK
Wednesday, October 6, 2010 - 9:36am | 105Deckers Outdoor Corporation (NASDAQ: DECK) maintains estimates for Price Target and keeps Neutral Rating with signs that Y/Y declines in footwear spending appears to be ending. In a research report PiperJaffray writes, "Footwear spending showing signs of life among teen females: Females in our...
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Under Armour #2 Athletic Brand Among Teens
Wednesday, October 6, 2010 - 7:47am | 142In a recent teen survey by Piper Jaffray, Under Armour (NYSE: US) is now the #2 brand among teens, behind Nike (NYSE: NKE). UA lost some mindshare as their brand preference fell from 25% Fall-09 to 18% Fall-10. Over the same time period, NKE picked up 300bps as their brand preference moved from...
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Impressive 3Q For WWW
Wednesday, October 6, 2010 - 6:55am | 100Citigroup has issued a research report for Wolverine World Wide Inc. (NYSE: WWW) following 3Q results. In the report, Citigroup writes "WWW 3Q10 EPS of $0.70 was higher than our & Street's $0.67. Difference based on better sales (+2c), gross margin (+3c), & other (+1c) partially offset by...
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Nike Not Using Tiger Woods (NKE)
Tuesday, October 5, 2010 - 3:03pm | 110CNBC sports business report Darren Rovell tweeted that Nike (NYSE: NKE) is coming out with a new set of irons next month, and one best player in the world is conspicuous in his absence. Tiger Woods, who Nike has stuck by through thick and thin, is not featured in the advertising for the golf clubs...
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A Peek Into The Market Before The Trading Starts
Tuesday, October 5, 2010 - 8:43am | 436Pre-open movers US stock futures moved up, with key ISM non-manufacturing data scheduled to release today. Futures for the Dow Jones Industrial Average rose 17 points to 10,724, while those for the Nasdaq 100 advanced 6.25 points to 1,983. Futures for the S&P 500 gained 2.50 points to 1,137. A...
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A Peek Into The Market Before The Trading Starts
Tuesday, October 5, 2010 - 8:36am | 436Pre-open movers US stock futures moved up, with key ISM non-manufacturing data scheduled to release today. Futures for the Dow Jones Industrial Average rose 17 points to 10,724, while those for the Nasdaq 100 advanced 6.25 points to 1,983. Futures for the S&P 500 gained 2.50 points to 1,137. A...
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Wolverine World Wide Reports Upbeat Q3 Earnings, Raises Full Year Projections
Tuesday, October 5, 2010 - 7:07am | 417Wolverine World Wide Inc (NYSE: WWW) has reported 27% y/y rise in its Q3 net income rose and lifted its full year guidance. WWW posted its Q3 net income at $34.1 million, or $0.70 per share, as compared with $26.8 million, or $0.54 per share, in the year-ago quarter. The company's adjusted share...
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WWW Q3 Results Beat Consensus
Tuesday, October 5, 2010 - 6:40am | 60Wolverine World Wide Inc (NYSE: WWW) reports its Q3 diluted EPS at $0.70, beating the consensus of $0.67. WWW reports its Q3 revenue at $320.4 million, versus the estimates of $320.16 million. WWW's shares rose 0.66% to $29.00 in the after-hours trading session. Read more from Benzinga's Company...
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Earnings Scheduled For October 5 (WWW, YUM, DMND, TISI, CMN, SKY)
Tuesday, October 5, 2010 - 5:40am | 144Wolverine World Wide Inc (NYSE: WWW) is expected to earn $0.67 per share in the third quarter. Yum! Brands Inc (NYSE: YUM) may report its Q3 EPS at $0.73. Diamond Foods Inc (NASDAQ: DMND) is likely to report its Q4 earnings at $0.28 per share. Team Incorporated (NASDAQ: TISI) is estimated to post...
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Stocks To Watch For October 5 (YUM, ACL, WWW, MOS, DMND)
Tuesday, October 5, 2010 - 5:19am | 215Some of the stocks that may grab the investor focus today are: Wall Street expects Yum! Brands Inc (NYSE: YUM) to report its Q3 EPS at $0.73. YUM's shares gained 0.47% to $46.64 in after-hours trading. Alcon Inc (NYSE: ACL) has appointed Robert Karsunky as its new Chief Financial Officer (CFO),...