Posts for Ticker ‘ANF’

Top Day Trader Alerts (ANF, RINO, CADX, TSTC, PLA, JWN)

These are this morning’s top day trader and active trader alert stocks.  More detailed analysis and data has been offered via a link to each story at VSInvestor.com:

Abercrombie & Fitch Co. (NYSE: ANF) is trading higher by 6% despite poor sales.

RINO International Corp. (NASDAQ: RINO) is hitting new 52-week highs after strong earnings.

Cadence Pharmaceuticals Inc. (NASDAQ: CADX) is down 6% after the FDA extended the review for its painkiller Acetavance.

Telestone Technologies Corp. (NASDAQ: TSTC) is the top percentage gainer.

Playboy Enterprises Inc. (NYSE: PLA) is up again 8% after yesterday’s takeover chatter.

Nordstrom Inc. (NYSE: JWN) is down about 5% on soft earnings despite raised guidance.

You can join our open email distribution list which goes out several times per week to be notified of key merger news, key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON OGG

52-Week High Club (ANF, DISH, RSH, REV)

Abercrombie & Fitch Co. (NYSE: ANF) surged over 7%  to a yearly high of $37.80 after the company was upgraded from “neutral” to “buy” by anlysts at Goldman Sachs.  

DISH Network Corp. (NASDAQ: DISH) was up over 8% at its peak at a yearly high of $20.80 after the company announced that it would pay a one-time dividend of $2 for all Class A and B shares.  

RadioShack Corp. (NYSE: RSH) rose over 14% today to a yearly high of $20.57 after the electronics retailer announced that it plans to sell Apple iPhones in some of its stores that are located in major metropolitian areas.  This announcement has precipitated some analyst upgrades.

Revlon Inc. (NYSE: REV) surged over 37% today to a yearly high of $15.06.  The company announced that it intends to offer $330 million in senior notes that will be due in 2015 in order to pay off debt due in 2011.  The company was also upgraded to “outperform” by BMO Capital Markets.

Garrett W. McIntyre

Top Day Trader Alerts (ARIA, EWBC, GE, MCD, ANF)

These are this Monday’s top day trader and active traders stock alerts.  We have a link for more detailed analysis and price/volume data at VSInvestor.com:

Ariad Pharmaceuticals (NASDAQ: ARIA) is up 10% as traders hope the analyst upgrade may hint at it being the next hot low price biotech stock.

East West Bancorp Inc. (NASDAQ: EWBC) is soaring by 27% on it winning in an FDIC-led bank takeover.

General Electric Co. (NYSE: GE) is up again by almost 3% this morning on a likely NBC Universal valuation of close to $30 billion.

McDonald’s Corp. (NYSE: MCD) is up almost 1% on same store sales, but U.S. same store sales remain more of a concern than some of its other growth.

Abercrombie & Fitch Co. (NYSE: ANF) is up 5% on an analyst upgrade.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

Jon C. Ogg
November 9, 2009

Today’s Best Market Rumors (11/6/2009) (RTP)(BHP)(BRK.A)

newspaperUpdated throughout the day.

Citigroup (NYSE:C) will re-launch some of its least successful hedge funds  (FT)

The stock market is at risk of not holding 10,000.  (TheStreet)

AIG (NYSE:AIG) will not hold a conference call to avoid uncomfortable questions about its balance sheet  (The Deal)

Sales of Microsoft (NASDAQ:MSFT) Windows 7 are outpacing those after the launch of Vista (Apple Insider)

Abercrombie & Fitch (NYSE:ANF) are likely to fall sharply  (Barron’s)

BHP Billiton (NYSE:BHP) may make another bid to buy rival Rio Tinto (NYSE:RTP)  (FTAlphaville)

“Governments may take as long as a decade to cut debt issuance back to the levels before global markets seized up following the collapse of Lehman Brothers Holdings Inc. last year.”  (Bloomberg)

Berkshire Hathaway (NYSE:BRK.A) is likely to go through a period of sharp job cuts.  (Business Insider)

Douglas A. McIntyre

Top Analyst Upgrades (ANF, CSCO, KO, GR, HMY, KSS, NWS-A, DIS, VIA-B)

These are this Wednesday mornings top pre-market analyst upgrades and positive research calls we have seen early on from Wall Street:

Abercrombie & Fitch (NYSE: ANF) Raised to Equal Weight at Morgan Stanley.
Cisco Systems (NASDAQ: CSCO) Raised to Outperform at William Blair.
Coca-Cola (NYSE: KO) Raised to Buy at Deutsche Bank.
Goodrich (NYSE: GR) Raised to Outperform at FBR Capital.
Harmony Gold (NYSE: HMY) Raised to Buy at Nomura.
Kohl’s (NYSE: KSS) Raised to Overweight at Morgan Stanley.
News Corp (NWS-A) Raised to Buy at BofA/Merrill Lynch.
The Walt Disney Co. (NYSE: DIS) Raised to Neutral at BofA/Merrill Lynch.
Viacom B (VIA-B) Raised to Neutral at BofA/Merrill Lynch.

You can join our open email distribution list which goes out several times per week for reminders of the top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Hope For Retail: Costco (NASDAQ:COST) Beats The Street

AnnCostco (NASDAQ:COST) announced earnings that beat Wall St. expectations.

Net sales for the fiscal 2009 fourth quarter  ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period a year ago. Net income for the fourth quarter of fiscal year 2009 was $374 million, or $.85 per share, compared to $398 million, or $.90 per share, in the same quarter last year. Analysts expected EPS of $.77. Read More »

Holiday Retail Sales To Be Battered

bearRetail sales dropped 3% or more during the 2008 holiday period. Same-store sales at a number of large chains were down much more than that. The trend was so bad that thousand of store locations where closed early in 2009 and tens of thousand of people in the industry lost their jobs.

The 2010 holiday sales season may be nearly as bad as last year’s. The National Retail Federation expects a hard winter. Read More »

Top Analyst Upgrades and Downgrades (ANF, FRED, FDO, FINL, SEPR, VMED, WTNY, ZUMZ)

It is looking pretty thin in analyst calls ahead of the 3-day weekend, but these are some of the top research upgrades, downgrades, and initiations we have seen this Friday morning:

Abercrombie & Fitch (ANF) cut to Sell from Hold at Citi.
Fred’s Inc. (FRED) Cut to Market Perform at William Blair.
Family Dollar Stores (FDO) Cut to Market Perform at William Blair.

Finish Line (FINL) Started as Outperform at Wedbush Morgan.
Sepracor (SEPR) Raised to Neutral at Goldman Sachs.
Virgin Media (VMED) Started as Outperform by Credit Suisse.
Whitney Holding (WTNY) Raised to Buy at SunTrust Robinson Humphrey.
Zumiez (ZUMZ) Cut to Hold at KeyBanc.

JON C. OGG

Top 10 Analyst Upgrades & Downgrades (ANF, AA, ANN, ASMI, KLIC, MDAS, MSFT, BPOP, TGT, DIS)

These are Wednesday’s top ten analyst research summary upgrades, downgrades, and initiations from Wall Street brokerage firms:

Abercrombie & Fitch (NYSE: ANF) Cut to Neutral at Susquehanna.
Alcoa (NYSE:AA) Cut to Neutral at Goldman Sachs.
Ann Taylor (NYSE:ANN) Raised to Buy at UBS.
ASM International (NASDAQ:ASMI) Raised to Buy at Goldman Sachs.
Kulicke & Soffa (NASDAQ:KLIC) Started as Buy at Jefferies.
MedAssets (NASDAQ:MDAS) Cut to Neutral at UBS.
Microsoft (NASDAQ:MSFT) Raised to Buy at AmTech.
Popular Inc. (NASDAQ: BPOP) Raised to Outperform at KBW.
Target (NYSE:TGT) Raised to Overweight at Piper Jaffray.
Walt Disney (NYSE:DIS) Started as Buy at Janney Montgomery Scott.

JON C. OGG
AUGUST 19, 2009

Blackstone (BX) Chief Makes $702 Million

GeithnerThe thoughts of restricting the pay packages of the CEOs of public companies may be in the air, but new data on chief executive compensation show that boards of directors are not taking any of it seriously.

Stephen Schwarzman, head of financial firm Blackstone (BX), made over $702 million in 2008 based on data from The Corporate Library. Read More »

24/7 Wall St. TV: A Miserable Period For E-Commerce

24/7 WallSt TVCostco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was a sign that all but a few retailers particularly Wal-Mart (WMT) are continuing to watch the year slip away from them.

There was a chance, a promise that e-commerce activity would salvage the retail sector. The increase in revenue from online retail websites averaged 20% in 2007. In the first half of last year, the number fell but was still 12%. There was no increase in the fourth quarter of 2008 compared to the same period the year before. The figures from comScore are in for the second quarter of this year, and online retail sales actually dropped 1% to $30.2 billion, which is astonishing given the robustness of the business just a year ago. Read More »

The E-Commerce Savior Leaves Town

AnnCostco’s (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. July was a sign that all but a few retailers particularly Wal-Mart (WMT) are continuing to watch the year slip away from them. Read More »

Top Analyst Upgrades (ANF, KOF, HTZ, HEW, ING, LNC, VZ)

These are the top analyst upgrades and positive research calls we have seen from Wall Street this Thursday morning with about two hours until the market opens:

Abercombie & Fitch (ANF) Raised to Buy at SunTrust Robinson Humphrey.
Coca-Cola FEMSA (KOF) Raised to Hold at Deutsche Bank.
Hertz (HTZ) Raised to Outperform at Wachovia.
Hewitt (HEW) Raised to Neutral at JPMorgan.
ING (ING) Raised to Buy at Goldman Sachs.
Lincoln National (LNC) Raised to Outperform at Credit Suisse.
Verizon (VZ) Started as Buy at Pali Research.

JON C. OGG

Top Analyst Upgrades (ANF, DLB, HMA, LPNT, NWS, THC, WFMI, YHOO)

These are the top earlybird analyst upgrades and positive research calls seen early this Monday morning:

Abercrombie & Fitch (ANF) Raised to Outperform at FBR.
Dolby Labs (DLB) Raised to Overweight at JPMorgan.
Health Management (HMA) Raised to Buy at Deutsche Bank.
Lifepoint Hospitals (LPNT) Raised to Buy at Deutsche Bank.
News Corp (NWS) Raised to Overweight at JPMorgan.
Tenet Healthcae (THC) Raised to Buy at Deutsche Bank.
Whole Foods (WFMI) Raised to Outperform at RBC.
Yahoo! (YHOO) Raised to Overweight at Barclays.

JON C. OGG

Top 10 Analyst Upgrades & Downgrades (ANF, CE, FLEX, FCL, HD, HMIN, LNC, MRO, OSG, SON)

These are ten of the top analyst upgrades and downgrades from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens for trading:

Abercrombie & Fitch (ANF) Raised to Buy at Jefferies.
Celanese (CE) Cut to Hold at Citigroup.
Flextronics (FLEX) Cuto Sell at Collins Stewart.
Foundation Coal (FCL) Cut to Hold at Jefferies.
Home Depot (HD) Raised to Buy at Citigroup.
Home Inns (HMIN) Raised to Outperform at Oppenheimer.
Lincoln National (LNC) Raised to Outperform at Wachovia.
Marathon Oil (MRO) Cut to Market Perform at Bernstein.
Overseas Shipholding (OSG) Cut to Perform at Oppenheimer.
Sonoco Products (SON) Cut to Hold at KeyBanc.

JON C. OGG

Ten Women Who Should Be Big Company CEOs

jp-morganTwelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that have not existed in years. The first of those is that because of the economy there will probably be higher turnover rates of chief executives at large companies. Next, there are a relatively large number of extremely talented women in the tier of senior management just below the CEO level.  Many of these women who are in the No.2 or No.3 spots at their firms are the same age or older than their current CEOs.  It is then very unlikely that they will become CEO at their current firm. Read More »

Abercrombie & Fitch Loses Its Cool

The retailer stubbornly clings to luxury while everyone else cuts prices.

By Caitlin McDevitt of The Big Money

To the dismay of the Abercrombie & Fitch empire, teenagers whose parents have cut back on their allowances may be coming to a recessionary revelation: Paying $90 for torn jeans isn’t that cool anymore.

While other retailers are responding to the downturn with red-lined price tags and tempting promotions, upscale Abercrombie & Fitch (ANF) isn’t budging on its price points. This scarf, for example, will still cost you $58. The company is fiercely protecting its image as a “premium” brand, and, as a result, it’s getting snubbed big time by its once cultlike, ever-loyal fan base. Abercrombie & Fitch just posted a 34 percent drop in same-store sales from last year—the worst among retailers in March.

Read more…

Top Analyst Upgrades (ANF, AEP, BUCY, EXR, IFX, JOYG, LPL, TWX, UTHR, WYNN)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from all Street this Monday morning:

Abercrombie & Fitch (ANF) Started as Buy at Brean Murray.
American Electric (AEP) Raised to Buy at KeyBanc Capital.
Bucyrus (BUCY) Raised to Neutral at JPMorgan.
Extra Space Storage (EXR) Raised to Buy at Citigroup.
Infineon (IFX) Raised to Buy at UBS.
Joy Global (JOYG) Raised to Neutral at JPMorgan.
LG Display (LPL) Started as Buy at Collins Stewart.
Time Warner Cable (TWC) Raised to Buy at Collins Stewart.
United Therapeutics (UTHR) Started as Buy at Lazard Capital Markets.
Wynn Resorts (WYNN) Raised to Buy at UBS.

JON C. OGG

Retail & Consumer Stocks That Should Double (ANF, M, SHLD, SONC, WFMI)

money-stack-image21This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector.   We are also including two food companies that have suffered along with the rest of the retail sector.

Today’s review includes Abercrombie & Fitch Co. (NYSE: ANF), Macy’s, Inc. (NYSE: M), Sears Holdings Corporation (NASDAQ: SHLD), Sonic Corp. (NASDAQ: SONC), and Whole Foods Market, Inc. (NASDAQ: WFMI).
Read More »

The Retailers That Will Dominate Store Closings (SHLD)(M)(JWN)(TIF)(WMT)(BBY)(GPS)(M)

Empire_3Several estimates from retail analysts predict the tens of thousands of retail outlets will close this year. Some put the number as high as 70,000 in the first half of 2009. Wall St. is bracing for a large number of bankruptcies in the sector, some of them public companies.

The largest fifteen or twenty retailers will chop locations but not go out of business. They have the sales and balance sheets to make it through the next two or three years, unless the recession turns to a depression. But, they won’t be able to keep the doors of all their operations open.

These are some of the nation’s largest retailers and estimates of what they will have to do to cut their total numbers of outlets as revenues fall.

Read More »