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Earnings Expectations for the Week of May 20

Sun, 19 May 2013 11:22:39 -0400

The start of the retail earnings season last week was a mixed bag.

Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's

(TGT) Sweeping Up the Last of First Quarter Earnings – Earnings Preview

Fri, 17 May 2013 16:51:41 -0400

The Q1 earnings season is effectively over for most of the major sectors, with Retail as the only...

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Weekly Preview: FOMC Minutes in Focus, Earnings Season Wanes

Fri, 17 May 2013 16:29:42 -0400

In the upcoming week, market focus shifts back to the Fed as the FOMC minutes of the latest meeting are released. Also, Fed Chairman Ben Bernanke is set to speak as earnings season slows down, although there are still some key earnings set to be released.

Key Earnings This week, the earnings

Teen Jobless Rate Hobbles These Retail Stocks

Tue, 14 May 2013 09:52:45 -0400

Newell Attains New 52-Week High – Analyst Blog

Mon, 13 May 2013 19:30:01 -0400

The shares of Newell soared to a new 52-week high of $27.63 on Friday, May 10.

Gap Hits New 52-Week High – Analyst Blog

Mon, 13 May 2013 19:16:01 -0400

Shares of Gap soared to a new 52-week high of $41.43 on Friday, May 10.

Why Abercrombie’s story is thin

Fri, 10 May 2013 12:55:42 -0400

Abercrombie & Fitch’s aversion to more full-figured folks seems to be more in the marketing than the measurements.

L Brands, Zumiez Lead Rise in April Retail Sales

Thu, 09 May 2013 04:50:00 -0400

DailyFinance.com: Retailers are announcing April same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.5% year-over-year, compared with a 2% gain in February and a 1.4% gain in March. In general, April sales benefited from lower ... Read more

Ralph Lauren Reaches 52-week High – Analyst Blog

Wed, 08 May 2013 18:38:01 -0400

Shares of Ralph Lauren Corporation (RL) soared to a new 52-week high of $185.09.

Ralph Lauren Reaches 52-Week High – Analyst Blog

Wed, 08 May 2013 17:42:01 -0400

Shares of Ralph Lauren Corporation (RL) soared to a new 52-week high of $185.09 on Tuesday.

Abercrombie & Fitch CEO: We Want the Cool Kids, Not the Fat Ones

Wed, 08 May 2013 11:24:53 -0400

And now the golden question: is it okay for clothing brands to intentionally prevent fat people from wearing their clothes? Robin Lewis, co-author of The New Rules of Retail, shared with Business Insider that clothing retailer Abercrombie & Fitch is practicing some villainous sales tactics, including creating a brand that (gasp!) doesn’t cater to American obesity. The company’s CEO Mike ...

Market Wrap-Up for May 7 (MELI, VNO, ANF, EOG, TIF, more)

Tue, 07 May 2013 16:29:47 -0400

As the bulls continue to try and maintain the Dow 15K levels (not that it matters all that much — see below), earnings and analyst calls continue to account for much of the stock price action we are seeing. On the earnings side, investors were buying up the results from the likes of MercadoLibre (MELI) [...]

Closing Bell for Tuesday on Wall Street: Share Prices Push Indexes to All-time Highs

Tue, 07 May 2013 12:05:00 -0400

DailyFinance.com: U.S. equity markets opened higher this morning following an unexpected 0.25% cut in Australia's key interest rate to a new level of 2.75%. Japan's Nikkei reopened today after a two-day holiday and buyers were in abundance (more coverage here). In ... Read more

Wells Fargo Upgrades Abercrombie to “Outperform” (ANF)

Tue, 07 May 2013 09:57:51 -0400

Wells Fargo reported on Tuesday that it has raised its rating on apparel retailer, Abercrombie & Fitch Co. (ANF). The firm has upgraded ANF from a “Market Perform” to an “Outperform,” and has given the company a valuation range of $56 to $60. This range suggests up to a 16% increase from the stock’s current [...]

24/7 Wall St. Closing Bell — Monday: Markets Open Higher, S&P Closes on New High

Mon, 29 Apr 2013 12:07:00 -0400

DailyFinance.com: U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and slightly lower than expectations for income ... Read more

Macquarie Upgrades Abercrombie & Fitch to “Outperform” (ANF)

Mon, 29 Apr 2013 09:40:45 -0400

Macquarie Group analysts upgraded fashion retailer Abercrombie & Fitch Co. (ANF) on Monday. The analysts upgraded ANF from “Neutral” to “Outperform.” Abercrombie & Fitch shares were up 84 cents, or +1.74%, during morning trading on Monday. The stock is up +1.79% year-to-date. The Bottom Line Shares of Abercrombie & Fitch (ANF) have a dividend yield [...]

Barrons Recap: Here Come the Millennials

Sun, 28 Apr 2013 17:25:27 -0400

This weekend in Barrons online: the impending impact on the economy and Wall Street of the Millennial generation, and the prospects for Boeing's Dreamliner, the Dell buyout, Hanesbrands and Ecolab.

Cover Story

"On the Rise" by Jacqueline Doherty.

The so-called Millennials, those who have reached adulthood since 2000, are poised to start

(AAPL) Is Facebook Fatigue Here to Stay?

Fri, 26 Apr 2013 13:54:05 -0400

Latest quarterly results from bellwether Apple Inc. (AAPL) have shown how precariously placed the...

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Is Facebook Fatigue Here to Stay? – Analyst Blog

Fri, 26 Apr 2013 13:05:01 -0400

A survey released by Piper Jaffray Companies (PJC) this month shows that Facebook, Inc. (FB) and YouTube from Google Inc (GOOG) are fast losing popularity among teens compared to a year ago.

Why Urban Outfitters Will Be Back-of-the-Closet

Tue, 23 Apr 2013 11:34:09 -0400

Gap Lays Out Global Expansion Plan – Analyst Blog

Thu, 18 Apr 2013 16:32:01 -0400

Gap outlined its growth strategies at the Investor Meet held yesterday.

Zumiez’s Comps Rise in March – Analyst Blog

Thu, 11 Apr 2013 11:00:01 -0400

Following the dismal comparable-store sales for February, Zumiez Inc. reported a 2.1% increase in comps for the 5-weeks ended Apr 6, 2013.

UPDATE: Topeka Capital Markets Initiates Abercrombie & Fitch with Hold Rating on Challenges Ahead

Thu, 11 Apr 2013 10:31:30 -0400

In a report published Thursday, Topeka Capital Markets analyst Dorothy S. Lakner initiated coverage on Abercrombie & Fitch Co. (NYSE: ANF) with a Hold rating and $50.00 price target.

In the report, Lakner noted, “After a period of significant comp declines in its domestic business in 2008-2009 and significant

Pop Quiz: Retailers – Real Time Insight

Tue, 09 Apr 2013 16:22:01 -0400

Grab your pencils! It's pop quiz time once again!

Bear of the Day: Children's Place (PLCE) – Bear of the Day

Mon, 08 Apr 2013 01:31:01 -0400

Bear of the Day: Children's Place (PLCE) - Bear of the Day

Don’t fear these apparel retailers: analyst

Tue, 02 Apr 2013 14:19:36 -0400

Barclays Capital initiated the coverage of apparel retailing sector with an overweight rating, citing opportunities online and overseas.

New Stock Coverage: Don't Lose Your Shirt in Abercrombie & Fitch

Tue, 02 Apr 2013 10:18:00 -0400

Wall Street ratings agencies set the tone for today's stock market.

Children’s Place joins weather blame game

Tue, 26 Mar 2013 13:04:17 -0400

Weather is cited as a main culprit in Children’s Place’s disappointing first-quarter outlook.

LULU Beats, Recall Weighs on View – Analyst Blog

Fri, 22 Mar 2013 10:10:01 -0400

Lululemon posted better-than-expected fourth-quarter fiscal 2012 results with earnings per share of 75 cents, ahead of the Zacks Consensus Estimate of 74 cents.

Product Recall to Hurt Lululemon’s 1Q13 – Analyst Blog

Tue, 19 Mar 2013 15:00:01 -0400

Shares of Lululemon dropped 3.8% yesterday after the company announced that it will fail to meet the sales forecast in the first quarter of fiscal 2013, due to a product recall.

Piper Jaffray Maintains “Buy” Rating on Abercrombie & Fitch (ANF)

Tue, 19 Mar 2013 10:21:11 -0400

Piper Jaffray reported on Tuesday that it has reaffirmed a “Buy” rating on apparel retailer, Abercrombie & Fitch Co. (ANF). The firm has reiterated a “Buy” rating and $56 price target on ANF. This price target suggests a 15% increase from the stock’s current price of $47.42. An analyst from the firm commented, “we are [...]

UPDATE: Piper Jaffray Reiterates Abercrombie & Fitch at Overweight on International Market and Pricing Update

Tue, 19 Mar 2013 08:38:34 -0400

In a report published by Piper Jaffray, analyst Stephanie S. Wissink reiterated his Buy rating and $56 price target on Abercrombie & Fitch (NYSE: ANF)

Piper Jaffray reported that, “We are revisiting ANF as a top pick for 2013, following the sharp correction in shares post the company's FQ4

Citi Trends Narrows Loss – Analyst Blog

Mon, 18 Mar 2013 10:20:01 -0400

Citi Trends Inc. posted loss per share of 5 cents, narrowing substantially from a loss per share of 36 cents reported in the year-ago quarter.

Fitch Affirms Simon’s Ratings – Analyst Blog

Wed, 13 Mar 2013 17:30:01 -0400

Recently, Fitch Ratings affirmed Simon Property Group Inc.'s (SPG) and its operating partnership's Issuer Default Rating at 'A-' with a Stable outlook.

Urban Grows Y/Y, Misses EPS Est – Analyst Blog

Tue, 12 Mar 2013 09:50:01 -0400

Urban Outfitters posted fourth-quarter fiscal 2013 earnings of 56 cents a share, which more than doubled from earnings of 27 cents

Zumiez’s February Comps Slump – Analyst Blog

Thu, 07 Mar 2013 10:40:01 -0500

Comparable-store sales of Zumiez Inc. declined 8.9% for the 4-weeks ended Mar 2, 2013, compared with an increase of 14.2% in the 4-weeks ended Feb 25, 2012.

February Retail Sales Softer Than Expected

Thu, 07 Mar 2013 05:25:00 -0500

DailyFinance.com: Retailers are announcing February same-store sales figures today. Research firm Retail Metrics projected an overall gain of 2.5% year-over-year, compared with a 5.1% gain in January and a 4.2% gain in February of 2012. The research firm said this ... Read more

American Eagle Outfitters Tumbles After Earnings

Wed, 06 Mar 2013 11:11:23 -0500

Shares of American Eagle Outfitters (NYSE: AEO) sank on Wednesday, shedding over 11%. The company reported disappointing earnings before the opening bell.

For the fourth quarter, American Eagle posted earnings per share of $0.55 -- more than the $0.56 estimate, on revenue of $1.12 billion, which was inline with

Abercrombie Pinned to Neutral – Analyst Blog

Tue, 05 Mar 2013 14:10:01 -0500

Abercrombie remains on our Neutral list with a target price of $48.00.

Saks Reports Mixed 4Q – Analyst Blog

Thu, 28 Feb 2013 09:10:01 -0500

Saks Incorporated reported fourth-quarter 2012 earnings of 17 cents per share.

TJX Beats Estimates – Analyst Blog

Wed, 27 Feb 2013 13:57:01 -0500

The TJX Companies, Inc. adjusted earnings of 82 cents per share in the fourth quarter of fiscal 2013 was ahead of the Zacks Consensus Estimate by a penny.

Bear of the Day: Aeropostale (ARO) – Bear of the Day

Tue, 26 Feb 2013 00:31:01 -0500

Bear of the Day: Aeropostale (ARO) - Bear of the Day

Earnings Preview: United Natural Foods – Analyst Blog

Mon, 25 Feb 2013 18:10:01 -0500

United Natural is set to report fiscal second-quarter 2013 results before the opening bell on Feb 26.

Saks Expected to Beat in 4Q – Analyst Blog

Mon, 25 Feb 2013 17:30:01 -0500

We expect luxury retailer Saks Inc. to beat expectations when it reports fourth quarter and full year fiscal 2013 results on Feb 26, 2013.

Stock Market News for February 25, 2013 – Market News

Mon, 25 Feb 2013 09:36:01 -0500

Better-than-expected earnings from major companies and encouraging comments from St. Louis Fed President James Bullard lifted benchmarks higher on Friday

Earnings Expectations for the Week of February 25

Sun, 24 Feb 2013 18:09:04 -0500

After Abercrombie & Fitch (NYSE: ANF), Nordstrom (NYSE: JWN) and Walmart (NYSE: WMT) all posted better-than-expected per-share earnings last week, the quarterly results from big retailers continue to roll out this week.

Analysts on average expect that earnings from Home Depot (NYSE: HD),

(WMT) Earnings Enter the Final Stretch – Earnings Preview

Sun, 24 Feb 2013 13:26:46 -0500

We still have plenty of Q4 earnings reports to come, but the bulk of the earnings season is now...

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STTG Market Recap Feb 22, 2013

Fri, 22 Feb 2013 18:44:36 -0500

As was mentioned yesterday, after the two days of selling the next few sessions would be tricky - indeed that proved true. Once again, just as with the late December action, the S&P 500 broke below its ascending channel but shortly thereafter jumped right back into it, confounding bears. This time it was just a 1 day trip and it took a lot of buying pressure late in the day for this to be achieved. Investors walked in to a gap up open as comments from various Federal Reserve officials were leaked to the press (along with one very publicly on CNBC) essentially refuting the minutes from the central bank released mid week. The message they wanted to send was we are here and will have easy money for you for a long time, you need not worry.

Original post: STTG Market Recap Feb 22, 2013

STTG Market Recap Feb 22, 2013

Fri, 22 Feb 2013 18:44:36 -0500

Original post: STTG Market Recap Feb 22, 2013

Dividend Payout Changes for Feb.22

Fri, 22 Feb 2013 16:39:36 -0500

The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts Abercrombie & Fitch (ANF) has raised its annual dividend payout from $.70 to $.80. The new dividend yield, based on today’s closing stock price of $46.86, is 1.71%. ANF is not a “Recommended” stock at this time, holding a Dividend.com [...]