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Valuations now look extremely attractive
Tuesday, January 24, 2012 - 10:05amAuthor: Mark Holder, Stone Fox Capital Covestor model: Opportunistic Arbitrage After a strong 2009 and 2010, 2011 was a year to forget for this portfolio. The market hit highs around the end of April and this model was soaring to new heights at the time. Many of the holdings had valuations...
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Candlesticks - Is Lululemon Trade Over?
Wednesday, January 18, 2012 - 12:13pmBy TradersHuddle Staff, January 17 Shares of lululemon athletica (NASDAQ: LULU) ended the trading session lower by $1.28 or -2.07% from its previous close despite Jefferies bumping its target price on the stock to $65 from $54. lululemon's price action formed what is considered to be a bearish...
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Liz Claiborne Drops after Lowering 2012 EBITDA Estimates, CFO Resignation
Tuesday, January 10, 2012 - 12:36pmShares of Liz Claiborne (NYSE: LIZ) have been under pressure during Tuesday's trading session after the company revised 2012 EBITDA estimates. Liz Claiborne now expects 2011 pro-forma adjusted EBITDA to be in-line with guidance; however, at the lower end of the range of $80 to $90 million. The...
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Liz Claiborne Trading Lower After CFO Departure
Tuesday, January 10, 2012 - 10:35amLiz Claiborne (NYSE: LIZ) is trading lower on the session after the company announced yesterday that its CFO, Andrew Warren, is leaving the company. The apparel designer also updated its 2012 outlook. Earlier this year, the company announced that it is changing its name to "Fifth & Pacific...
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Lululemon Athletica Jumps on Raised Guidance
Tuesday, January 10, 2012 - 9:36amShares of Lululemon Athletica (NASDAQ: LULU) are seeing much strength in Tuesday's trading session as the company raised guidance for the fourth quarter. Lululemon now expects Q4 diluted EPS to be in the range of $0.47-$0.49 as compared to its previous guidance range for $0.40-$0.42. The Company's...
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Benzinga's Top Pre-Market Losers
Tuesday, January 10, 2012 - 8:13amLiz Claiborne (NYSE: LIZ) shares fell 9.87% to $8.95 in the pre-market trading. Liz Claiborne lowered its forecast for the year. Tiffany & Co (NYSE: LIZ) dipped 7.13% to $62.17 in the pre-market session. TIF lowered its full-year earnings view. Netflix Inc (NASDAQ: NFLX) dipped 2.29% to $95....
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Benzinga's Top Pre-Market Gainers
Tuesday, January 10, 2012 - 8:06amCirrus Logic Inc (NASDAQ: CRUS) surged 11.08% to $18.85 in the pre-market session. CRUS raised its revenue forecast for the third quarter. lululemon athletica inc (NASDAQ: LULU) added 8.53% to $58 in the pre-market session. LULU lifted its Q4 forecast. Regions Financial Corporation (NYSE: RF)...
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lululemon athletica inc. Raises Guidance for Fourth Quarter of Fiscal 2011; Guides Q4 EPS $0.47-0.49 vs $0.42 Est
Tuesday, January 10, 2012 - 7:31amlululemon athletica inc. (NASDAQ: LULU) today announced that the Company is raising its guidance for the fourth quarter of fiscal 2011 ending January 29, 2012. For the fourth quarter of fiscal 2011, the Company now expects diluted earnings per share to be in the range of $0.47 to $0.49 as compared...
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Liz Claiborne Lowers Forecast; Shares Down In Pre-Market
Tuesday, January 10, 2012 - 7:03amLiz Claiborne (NYSE: LIZ) lowered its forecast for the year. Liz Claiborne now projects adjusted FY12 earnings before interest, taxes, depreciation and amortization of $125 million to $140 million, versus its earlier forecast of $130 million to $150 million. LIZ shares fell 4.33% to $9.50 in pre...
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US Stock Futures Signal Higher Start On Wall Street
Tuesday, January 10, 2012 - 6:18am
US stock futures are higher this morning, as Alcoa Inc (NYSE: AA) reported upbeat fourth-quarter revenue. Futures for the Dow Jones Industrial Average jumped 100 points to 12,437.00 and S&P 500 index futures rose 11.40 points to 1,287.00. Nasdaq 100 futures surged 22.75 points to 2,369.50. US...
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