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Liz Claiborne and PVH to Open Near 52-Week Highs
Thursday, November 3, 2011 - 7:18am | 359Apparel makers Liz Claiborne (NYSE: LIZ) and PVH (NYSE: PVH) reached new 52-week highs of $8.80 and $75.91 per share, respectively, in yesterday's trading session. Liz Claiborne announced yesterday that it had completed the sale of its namesake brand to JCPenney (NYSE: JCP). And on Tuesday, the...
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Macy's and Nordstrom to Open Near 52-Week Highs
Tuesday, October 25, 2011 - 7:04am | 312Lots of stocks hit 52-week highs yesterday as the markets rose. Among them were department store operator Macy's (NYSE: M) and fashion retailer Nordstrom (NYSE: JWN), which reached $31.37 and $53.35 per share, respectively, in Monday's trading session. Cincinnati-based Macy's reported strong...
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Earnings Expectations for the Week of August 8
Sunday, August 7, 2011 - 12:02pm | 1072The focus this week, at least initially, will no doubt be on the effect of the downgrade of U.S. debt. But there will be plenty more earnings as well, including reports from Walt Disney (NYSE: DIS), News Corp. (NASDAQ: NWS), Cisco Systems (NASDAQ: CSCO) and Aol (NYSE: AOL). The parade of retail...
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Earnings Preview: Phillips-Van Heusen Revenue Expected to Double
Monday, May 30, 2011 - 8:44am | 418Phillips-Van Heusen (NYSE: PVH) is set to report first-quarter fiscal 2011 results Tuesday, May 31, after the markets close. Analysts are looking for the shirt maker to report that earnings grew 28.4% from a year ago to $1.16 per share. That consensus earnings estimate is unchanged from 30 days ago...
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Retail Earnings: A Sneak Peek (KSS, JWN, WMT, TGT, HD)
Monday, May 9, 2011 - 8:50am | 631The earnings season is beginning to wind down for another quarter. That can only mean that it is time for some of our favorite shopping mall and strip mall retailers to step into the earnings spotlight. Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) start things off later this week when they report...
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Citi Maintains Buy on JC Penney After Conference Call (JCP)
Wednesday, November 24, 2010 - 9:09am | 102Citi maintains its Buy rating on JC Penney (NYSE: JCP) following a conference call with Liz Sweeney, EVP and senior GMM for Women's Apparel, Accessories, Handbags, and Shoes. In a note to clients, Citi writes, "Management has been encouraged by the progress made in 2010 under JCP's Long Range Plan...
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Gilford Reiterates Buy Rating On DRJ
Wednesday, October 13, 2010 - 10:04am | 220Gilford Securities has issued a research report on Dreams, Inc. (AMEX: DRJ) reiterating its Buy rating. In the report, Gilford writes "In 2009 Dreams Inc. added JC Penney (NYSE: JCP) and Walmart (NYSE: WMT) to the syndication partner list. Of the two, JC Penney was the better deal despite Walmart's...