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UBS Comments On Ralph Lauren: Foreign Exchange Matters, Cycle Update Matters More
Monday, February 2, 2015 - 11:28am | 221Michael Binetti of UBS on Monday commented in a note that Ralph Lauren Corp's (NYSE: RL) foreign exchange matters to the investment community, but its investment cycle update matters more. Binetti expects Ralph Laurn to pre-guide its fiscal 2016 when it reports its third-quarter results. In...
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Piper Jaffray: Ralph Lauren More Promotional, Coach Less Promotional
Friday, November 28, 2014 - 10:05am | 205Erinn Murphy of Piper Jaffray commented that initial traffic into stores was “more muted” with many retailers opening even earlier this year than they did a year ago. Murphy and a team of analysts observed first-hand traffic trends in Minnesota and Texas outlet formats, B+ malls,...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
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Market Wrap For May 12: Dow And S&P Close At Record Highs
Monday, May 12, 2014 - 4:37pm | 2248U.S. stocks rose as both the Dow and S&P 500 indices closed at record highs. With over 90 percent of S&P 500 companies reported earnings, investor focus has shifted to renewed merger and acquisition activity that provides a higher level of confidence that the economy is expanding. The...
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Earnings Expectations For The Week Of May 5: Disney, Pfizer, Tesla And More
Sunday, May 4, 2014 - 5:46pm | 1225Highlights on the earnings front this week include scheduled quarterly reports from Disney, Keurig Green Mountain, Pfizer and Whole Foods Market, which are expected to post year-over-year earnings gains. Analysts expect Tesla Motors to say its earnings declined, and for Groupon and SolarCity to...
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For Retail Gains, Go East, Young Investor!
Friday, April 4, 2014 - 10:27am | 544The most recent Fortune magazine has a great article on the collapse of JC Penney (NYSE: JCP). Along these lines, many have been written about the decline of SearsHolding (NASDAQ: SHLD), too. While Amazon (NASDAQ: AMZN) has certainly done damage, there has been a shift in consumer growth:...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Report: J. Crew Considering Going Public This Year
Friday, February 28, 2014 - 5:20pm | 589First lady, Michelle Obama is a big fan of clothing retailer, J. Crew. The company will need to pick up quite a few more supporters if it decides to go public later this year, as reported by Bloomberg. While nobody is talking on the record, including TPG spokesman Owen Blicksilver and Margot...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...
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#PreMarket Primer: Thursday, February 6: Markets Taking A Breather After Twitter Earnings
Thursday, February 6, 2014 - 8:11am | 777After what looked to be another rough day at the open, the markets rebounded and ended down only fractionally. The Dow flat up at 15,440.23. The S&P was down 0.2 percent to 1,751.64 and the NASDAQ was down about 0.5 percent to close at 4,011.55. This morning, U.S. markets are sharply...
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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
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Earnings Expectations For The Week Of November 4: Disney, Tesla, Groupon And More
Sunday, November 3, 2013 - 5:32pm | 1342While many S&P 500 components have already shared their third-quarter results, there will be plenty more earnings reports for investors to mull over this week. The week's highlights include quarterly reports from media giants CBS, Disney and Time Warner, which all are expect to post earnings...
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Earnings Expectations For The Week Of August 5
Sunday, August 4, 2013 - 4:19pm | 1059The earnings season is beginning to wind down, and much of the focus this week will turn to central bank meetings and economic data from China and the United States. But, there are still plenty of earnings reports on the schedule this week, including those from Walt Disney (NYSE: DIS), Time...