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Mike Ullman of JC Penney: 'Our Fundamental Business Processes are Still Strong'
Monday, May 20, 2013 - 11:05am | 381After J.C. Penney (NYSE: JCP) missed Q1 EPS estimates by more than 50 percent last week, Mike Ullman described the tough situation he faces as CEO in a conference call with investors. Ullman opened the call by noting his conversation with investors and stating, “our fundamental business processes...
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Ten Stocks Up More Than 50% in the Past 90 Days
Saturday, November 19, 2011 - 11:47am | 770Many investors have been spooked by the ongoing sovereign debt crisis in Europe, rising oil prices, and the apparent lack of progress by the congressional Super Committee. And so the Dow and the S&P 500 are in about the same place they were a month ago, and hardly any higher than three months...
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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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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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Ann Earnings Preview: Double-Digit Sales and Profit Growth Expected
Thursday, August 18, 2011 - 9:22am | 624Ann (NYSE: ANN) is scheduled to report second-quarter 2011 results Friday, August 19, before the markets open. The company, formerly known as AnnTaylor Stores, has been investing in e-commerce and outlet stores as it grows its presence beyond its traditional, highly competitive retail space....
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Polo Ralph Lauren and Unilever to Open Near 52-Week Highs
Wednesday, August 17, 2011 - 7:52am | 529Having recovered from the recent market volatility, Polo Ralph Lauren (NYSE: RL) and Unilever (NYSE: UL) reached new 52-week highs of $141.71 and $33.74 per share, respectively, in yesterday's trading session. Polo Ralph Lauren easily beat EPS estimates for the most recent quarter, bought back...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 9:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Bank of America Maintains Underperform on Liz Claiborne
Wednesday, June 15, 2011 - 7:53am | 126Bank of America Merrill Lynch is out with its report today on Liz Claiborne (NYSE: LIZ), maintaining Underperform. In a note to clients, Bank of America Merrill Lynch writes, "We continue to believe LIZ's outlook remains in transition, as a turnaround in Mexx Europe and Lucky could take time and...
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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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Liz Claiborne (LIZ) Misses Wall Street Expectations
Tuesday, February 23, 2010 - 10:24am | 99Liz Claiborne, Inc. (NYSE: LIZ) on Tuesday reported a 4th quarter loss of $41.7 million, or 45 cents per share, an improvement on last year's loss of $828.9 million, or $8.85 per share. Liz Claiborne's sales fell to $778.8 million, down from $911.2 million a year earlier. The company said its 4th...