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Jim Cramer Names Some Of His Retail Picks
Saturday, July 19, 2014 - 3:29pm | 794CNBC's Jim Cramer noted this week that it's difficult to find genuine value stocks in a market that's nearing all-time highs. He then dove into the retailers that would shine in leveraged buyouts in a sector that has a number of “awful” performers. He asked Mad Money...
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Hot Topic Takeover Sparks First Lawsuit
Friday, March 8, 2013 - 8:12am | 551Hot Topic (NASDAQ: HOTT) shares rose to a six-year high, Thursday, before closing at $13.87, up 29 percent. This on news from Reuters that private equity firm Sycamore Partners plans to take the teen apparel retailer private in a $600 million deal. Sycamore, founded by former retail specialist...
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Nike and Ralph Lauren to Open Near 52-Week Highs
Tuesday, October 25, 2011 - 6:34am | 329Lots of stocks hit 52-week highs yesterday as the markets rose. Among them were leading footwear maker Nike (NYSE: NKE) and lifestyle products maker Polo Ralph Lauren (NYSE: RL), which reached $95.93 and $159.37 per share, respectively, in Monday's trading session. Nike said recently that it plans...
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Cisco Systems and Jones Group Hit 52-Week Lows
Wednesday, June 8, 2011 - 12:30pm | 235In morning trading, Cisco Systems (NASDAQ: CSCO) and Jones Group (NYSE: JNY) fell to new 52-week lows of $15.26 and $9.97 per share, respectively. Cisco has slumped on disappointing quarterly results from Ciena (NASDAQ: CIEN). Cisco has a market cap of $84.2 billion and is a leading producer and...
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Goldman Sachs Raises Jones Group Estimates And Price Target
Monday, October 25, 2010 - 10:26am | 164When Jones Group (NYSE: JNY) reports its 3Q EPS on Wednesday, October 27, Goldman Sachs said that it will be the first quarter reported with the inclusion of the Stuart Weitzman acquisition for the entire quarter. “We see the opportunity for a 3Q earnings beat relative to consensus, driven by (1)...