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Retail Roundup: 9 Fresh M&A Rumors
Tuesday, May 30, 2017 - 9:11am | 846It can be hard to keep up with ever-changing M&A rumors; here's the situation for nine companies worth tracking. Abercrombie & Fitch Co. (NYSE: ANF) This clothing retailer is reportedly the target of a joint acquisition by American Eagle Outfitters (NYSE: AEO) and Cerberus Capital...
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Deckers Outdoor Potential M&A: From Rumor To Reality
Wednesday, April 26, 2017 - 9:35am | 435Deckers Outdoor Corp (NYSE: DECK), the parent company behind various shoe brands including UGG, joins other fashion icons including Kate Spade & Co (NYSE: KATE) in exploring strategic alternatives. Deckers announced after Tuesday's market close that its board of directors began a strategic...
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Is It The Bear?
Monday, January 11, 2016 - 6:55am | 558The cover story in this weekend's Barron's offers a look at the worst start to the new year for stock markets ever. Barron's thinks the selling may be almost over and picks stocks worth buying now. Other feature stories include the Barron's Mutual Fund Quarterly. With the Dow Jones Industrial...
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Barron's Picks and Pans: Hanesbrands, Deckers Outdoor And More
Monday, January 11, 2016 - 6:52am | 483Features stories in this weekend's Barron's offer a look at the prospects for Hanesbrands and Deckers Outdoor. The Mutual Fund Quarterly report examines best fund managers and the best and worst funds. In addition, what's troubling Asia, and the worst New Year's for stocks ever. Feature Stories...
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Why Canaccord Genuity Is Positive On Deckers Ahead Of Q1 Results
Tuesday, July 28, 2015 - 11:12am | 327In a report published Tuesday, Canaccord Genuity analyst Camilo Lyon maintained a Buy rating on shares of Deckers Outdoor Corp (NYSE: DECK) with an unchanged $84 price target ahead of the release of its first quarter results on Thursday after market close. According to Lyon, Deckers's first...
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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UPDATE: Morgan Stanley Initiates Coverage On Deckers Outdoor
Thursday, October 30, 2014 - 10:54am | 199Jay Sole of Morgan Stanley initiated coverage of Deckers Outdoor Corp (NYSE: DECK) with an Overweight rating and $105.50 price target. "We think high UGG brand customer loyalty and a diversifying product line will help it evolve if style trends abruptly shift," Sole wrote. The analyst adds that...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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Mixed Economic Data, Ebola Scares Rattle Markets
Wednesday, October 1, 2014 - 5:02pm | 1696U.S. stocks declined sharply as investors digest reports of a confirmed case of Ebola in the United States. In addition, economic data released on Wednesday was mixed, at best. Construction spending fell during August while ISM manufacturing came in weaker than expected. Bulls are hoping that...
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Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
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Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
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Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For April 25: Markets Finish The Week In Negative Territory
Friday, April 25, 2014 - 4:44pm | 2200U.S. stocks declined as investors continue to follow the increasing tense situation in Ukraine as the markets pause for the weekend. Ukraine forces reportedly killed up to five pro-Russia rebels as the Russian military continues to conduct drills close to the Ukraine border. Additionally,...
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Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...