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Iconix Negotiates for Kenneth Cole - Analyst Blog
Monday, September 20, 2010 - 2:51pm | 423Iconix Brand Group (ICON) is negotiating an agreement to acquire shoe and clothing company Kenneth Cole Productions Inc. (KCP), as reported by Bloomberg. The timing of the deal and other related details are not revealed. Moreover, one is not sure whether the deal will finally materialize or not...
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The Week in Preview: Housing Data, Lennar's Earnings and More
Monday, September 20, 2010 - 8:38am | 320Housing steps into the spotlight again this coming week. The release of the National Association of Homebuilders Housing Market Index starts out the week on Monday morning. Then on Tuesday morning, look for housing starts data from August. Release of the July FHFA House Price Index is scheduled for...
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Stocks To Watch For September 20 (NKE, LEN, DFS, FDS, ADAT)
Monday, September 20, 2010 - 4:33am | 181Some of the stocks that may grab the investor focus today are: Nike Inc (NYSE: NKE) will be holding its annual shareholders' meeting in Beaverton, Oregon. NKE's shares rose 0.44% to $77.60 in after-hours trading. Wall Street expects Lennar Corp (NYSE: LEN) to report its FQ3 EPS at $0.04. LEN's...
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WHAT'S ON TAP?
Sunday, September 19, 2010 - 7:31am | 981For the week of September 20th (in conjunction with Econoday): Earnings season will start to pick-up some momentum this week though we won't see many market moving reports. All in all it will be another week of important economic news with several housing reports, durable goods and of course...
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Skechers in Neutral Lane - Analyst Blog
Thursday, September 16, 2010 - 7:09pm | 554We hold a Neutral recommendation on Skechers USA Inc. (SKX) designer, marketer and distributor of footwear, with a target price of $24.00. Moreover, the Zacks #3 Rank, which translates into a short-term ‘Hold' recommendation, correlates with our long-term view. Skechers' sustained focus on a new...
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How Much Did You Make This Summer?
Thursday, September 16, 2010 - 11:54am | 2247Every morning I wake up now I'm reminded that summer is essentially over, and we're entering the shoulder season here in the northeast. Some in Vermont call it stick season because soon the leaves will turn vibrant colors and fall to the ground, leaving only bare branches. On this...
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How Much Did You Make This Summer?
Thursday, September 16, 2010 - 11:54am | 2247Every morning I wake up now I'm reminded that summer is essentially over, and we're entering the shoulder season here in the northeast. Some in Vermont call it stick season because soon the leaves will turn vibrant colors and fall to the ground, leaving only bare branches. On this...
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Top Vietnam Stocks
Wednesday, September 15, 2010 - 12:48pm | 714Emerging markets, especially those in south Asia and southeast Asia, are now the hot item on Wall Street. Did you see the article on Thailand stocks last week, up over 30% in three months? Many investors think that Viet Nam may be the next China. The economy has grown significantly in Viet Nam...
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Unconfirmed Chatter that Under Armour, Inc. (UA) could be acquired by Nike Inc. (NKE) at $60.00 a share
Wednesday, September 15, 2010 - 10:00am | 38Unconfirmed Chatter that Under Armour, Inc. (UA) could be acquired by Nike Inc. (NKE) at $60.00 a share..Neither company could be reached for comment..
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Cramer Advises Investors To Buy Adobe, Glacier Bancorp (SKX, ADBE, GBCI, WTI, COP, WMS, WYNN, IGT)
Wednesday, September 15, 2010 - 6:23am | 184On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Skechers USA (NYSE: SKX) as one of his worst picks. He added that he still likes it, but “so far I've blown it." Cramer suggests buying Adobe Systems (NASDAQ: ADBE), saying, “I think you should pull the trigger."...
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Active Energy Inks Licensing Deal With K-Swiss
Monday, September 13, 2010 - 10:01am | 126Active Energy, a division of Accessory Exchange, has inked a deal with K-Swiss to become its exclusive accessory licensee. Rich Stober will serve as President over the new division and under his leadership, Active Energy will produce and distribute accessories to include socks, sport bags, and...
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Goldman Sees Strong Q1 Results from Nike (NKE)
Monday, September 13, 2010 - 9:54am | 185In a recent report from Goldman Sachs (NYSE: GS), Nike (NYSE: NKE) is expected to post a strong Q1 based on a combination of accelerating sales trends, continued strong gross margins, and strong futures growth. Goldman sees some moderation in futures after the World Cup, but still expects strong...
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Traders Looking For Crocs To Rally Next Week (CROX)
Friday, September 10, 2010 - 9:53am | 208Shares of Crocs Inc. (NASDAQ: CROX) are lower on the session by 0.95%, currently trading at $11.52. The stock has been moving largely higher over the past six months, though fell sharply yesterday on the back of some negative commentary on Sketchers (NYSE: SKX). Options traders are betting the...
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Benzinga's Top Pre-Market NASDAQ Gainers (LULU, SOLR, FUQI, CROX)
Friday, September 10, 2010 - 9:02am | 141Lululemon Athletica Inc (NASDAQ: LULU) rose 7.06% to $38.38 in the pre-market session. LULU reported a 55.8% increase in the net revenue, from $97.7 million to $152.2 million, in the second quarter. GT Solar International Inc (NASDAQ: SOLR) added 2.57% to $7.58 in the pre-market session. SOLR has...
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Benzinga's Top Downgrades (SKX, FBR, CLX, OMI)
Friday, September 10, 2010 - 7:26am | 152Skechers USA Inc (NYSE: SKX) was downgraded by BB&T from “buy” to “hold.” SKX’s shares closed at $23.02 yesterday. SKX’s earnings are likely to fall by 2.09% this year. BMO Capital downgraded Fibria Celulose SA (NYSE: FBR) from "market perform" to "underperform." FBR’s stocks closed at $17.29...