Footwear

Wall Street Strategies is out with its report today on VF Corp (NYSE: VFC), commenting on VF's acquisition of Timberland. In a note to clients, Wall Street Strategies writes, "We arrive to the office on Monday morning to learn that Timberland (NYSE: TBL) will be acquired by VF Corp. for $2 billion...

M&F Worldwide Corporation (NYSE: MFW) climbed 44.99% to $24.59 at 9:45 am. MacAndrews & Forbes Holdings proposed a merger to buy all M & F Worldwide shares not owned by it for $24 per share. Timberland Co (NYSE: TBL) shares jumped 42.45% to $42.72. VF Corporation (NYSE: VFC) announced...

VF Corporation (NYSE: VFC) and The Timberland Company (NYSE: TBL) today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquired. The merger...

SKECHERS USA, Inc. (NYSE: SKX), a global leader in the footwear industry and the number two footwear brand in the United States,* today announced that it has signed a multi-year licensing agreement with LF USA, a subsidiary of Hong Kong-headquartered multinational Li & Fung Limited, to produce...

This is your Benzinga news summary and traders' outlook for Monday, June 13, 2011, covering headlines from the weekend and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as commodities launch into the week at lower prices. However, the U.S...

Pre-open movers US stock futures are higher this morning. Futures on the Dow Jones Industrial Average gained 43 points to 11,916.00 and futures on the S&P 500 stock index rose 4.20 points to 1,268.70. Nasdaq 100 futures gained 5.00 points to 2,222.75. A Peek Into Global Markets Asian...

VF Corporation (NYSE: VFC) announced its plans to buy Timberland Co (NYSE: TBL) for $43 per share. The deal values Timberland at $2 billion. The offer price for Timberland represents a 10% premium to its three-month trading value. The deal has been approved by both companies and is likely to...

VF Corporation (NYSE: VFC) and The Timberland Company (NYSE: TBL) today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquired. The merger...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Whole Foods (NASDAQ: WFM) has “pulled back enough. Some companies can transcend the charts." Cramer said that he is “not a fan of Wells Fargo (NYSE: WFC).” He added, “If you want to own a bank, I'd go with PNC Financial Services...

According to Bank of America, Whiting Petroleum (NASDAQ: DECK) guidance is lowered amid operation and weather snags. Bank of America said that harsh winter in ND and other operational difficulties impacted WLL's 2Q'11 production by ~450 MBoe. “Based on the revised guidance we are lowering our...

According to Piper Jaffray, Deckers Outdoor (NASDAQ: DECK) Neutral rating is maintained. Piper Jaffray said that Wednesday afternoon at the 31st Annual Piper Jaffray Consumer Conference, Deckers Outdoor's Chairman, President & CEO Angel Martinez and CFO Tom George spoke to investors on the...

Shares of NIKE, Inc. (NYSE: NKE) are lower on the session by 1.31%, currently trading at $80.83. 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 while...

StifeL Nicolaus has raised the price targets on the following companies: Crocs (NASDAQ: CROX) from $26 to $28, Buy Hansen Natural Corporation (NASDAQ: HANS) from $71 to $78, Buy Humana (NYSE: HUM) from $79 to $90, Buy

Harwood Feffer announced today that a class action complaint has been filed against The Timberland Company (NYSE: TBL) and certain of the Company's officers for violations of the Securities Exchange Act of 1934. The action, brought on behalf of those purchasing the common stock of Timberland...

Jefferies, which initiated coverage of Nike (NYSE: NKE), is providing some color on the stock. “We like Nike for its dominant global market leadership position in an athletic category that has both cyclical and secular tailwinds,” Jefferies writes. “Other attributes of note include a $4 billion...