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Posts for Ticker ‘CHS’

Top 10 Analyst Upgrades and Downgrades (ALU, CHS, PLCE, DB, GS, IGT, ICE, MCO, WSII, PAR)

These are some of the top pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street with about two and a half hours until the market opens:

Alcatel-Lucent (ALU) Raised to Buy at BofA/Merrill.
Chico’s FAS (CHS) Started as Buy at Jefferies.
Children’s Place (PLCE) Started as Buy at BofA/Merrill.
Deutsche Bank (DB) Started as Outperform at FBR.
Goldman Sachs (GS) Raised to Outperform at KBW.
International Game Tech (IGT) Raised to Buy at Janney Montgomery.
Intercontinental Exchange (ICE) Raised to overweight at Barclays.
Moody’s (MCO) Raised to Hold at Jefferies.
Waste Services (WSII) Started as Neutral at JPMorgan.
3PAR (PAR) Cut to Neutral at Merriman Curhan Ford.

Jon C. Ogg
July 15, 2009

Posted on: July 15, 2009 – 6:08 am in Analyst Calls, ALU, CHS, DB, GS, ICE, IGT, MCO, PAR, PLCE, WSII

Top Anlayst Upgrades (CAH, CENT, CHS, GPS, HELE, PFG, STEC, TJX)

These are some of the top pre-market analyst comments and analyst upgrades from Wall Street early this Tuesday morning:

Cardinal Health (CAH) Started as Buy at Jefferies.
Central Garden (CENT) Raised to Hold at Jefferies.
Chico’s FAS (CHS) Raised to Equal Weight at Barclays.
Gap Inc. (GPS) Raised to Equal Weight at Barclays.
Helen of Troy (HELE) Raised to Hold at Jefferies.
Principal Financial (PFG) Raised to Neutral at Credit Suisse.
STEC (STEC) Raised to Overweight at Thomas Weisel.
TJX Cos. (TJX) Raised to Overweight at Barclays; Raised to Neutral at Credit Suisse.

JON C. OGG

Posted on: May 12, 2009 – 6:33 am in Analyst Calls, CAH, CENT, CHS, GPS, HELE, PFG, STEC, TJX

The Black Friday Ten: Retailers Who May Not See 2009 (BONT)(DDS)(TLB)(PIR)(CPWM)(WSM)(CHS)(SKS)(EBHI)(RAD)

A year ago, not many people would have thought Circuit City would be in bankruptcy now. Linens ‘n Things, Mervyn’s, Whitehall Jewelers and Steve & Barry’s have either shut down or are closing huge numbers of locations since they moved into Chapter 11.

The most astonishing fact about the retail industry now is that the environment has gotten much worse than it was when each of these businesses began to fail. Sales at stores across the country will be down this holiday season. Some analysts believe that the numbers will be as bad as for any fourth quarter in thirty-five years.

Adding to the problem of slow consumer spending brought on by the recession is an unprecedented liquidity crisis. Retailers who need access to capital for inventory, rent, and personnel costs are finding that it is nearly impossible to get access to funds without a pristine balance sheet and a history of substantial positive cash flow.

These troubles point to a number of other retail chains going out of business between now and early next year. Sales on Black Friday, the day after Thanksgiving, which is considered the bellwether of holiday sales, will determine the fate of several companies which are now viewed as the weakest operators in the industry.

Posted on: November 26, 2008 – 5:57 pm in Retail, BONT, CHS, CPWM, DDS, EBHI, PIR, RAD, SKS, TLB, WSM

Early Bird Analyst Upgrades (BJS, CHS, FSLR, GNCMA, MDTH, PCS)

These are some of the top early bird upgrades or positive calls from analysts on Wall Street which we have seen early this Tuesday morning:

BJ Services (BJS) Raised to Outperform at Wachovia.
Chico’s FAS (CHS) Raised to Neutral at UBS.
First Solar (FSLR) Started as Overweight at JPMorgan.
General Communications (GNCMA) Raised to Outperform at RBC.
Medcath (MDTH) Raised to Hold at Citigroup.
MetroPCS (PCS) Raised to Outperform at RBC.

Jon C. Ogg
November 18, 2008

Posted on: November 18, 2008 – 7:33 am in Analyst Calls, BJS, CHS, FSLR, GNCMA, MDTH, PCS

Top Pre-Market Analyst Upgrades (ACC, CLS, CHS, EL, JBLU, SLGN, TRMB)

These are some of the top pre-market analyst upgrades we are seeing this Friday-crash morning:

American Campus (ACC) Raised to Outperform at Baird.
Celestica (CLS) Raised to Outperform at CIBC.
Chico’s FAS (CHS) Raised to Market Weight at Thomas Weisel.
Estee Lauder (EL) Raised to Neutral from Sell at Piper Jaffray.
Jetblue (JBLU) Raised to Overweight at JPMorgan.
Silgan Holdings (SLGN) Raised to Buy at Deutsche Bank.
Trimble Navigation (TRMB) Raised to Outperform at Oppenheimer.

Jon C. Ogg
October 24, 2008

Posted on: October 24, 2008 – 7:05 am in Analyst Calls, ACC, CHS, CLS, EL, JBLU, SLGN, TRMB

This Month’s Retail Wall of Shame (ANF, CHS, GPS, PIR, SSI)

It is no secret that the consumer is in the tank and that retail sales are coming in poorly. It would have been a fool’s gold trade to believe you were going to see any great sales for September’s same-store-sales figures. When you compare it to the results of 2007, all you have to do is mark last September as the month where the consumer was officially starting to consider that things were going to slow down in the months ahead. But there are several retailers that just aren’t making the grade. These are some of the active stocks we are reviewing today: Abercrombie & Fitch Co. (NYSE: ANF), Chico’s FAS Inc. (NYSE: CHS), Gap Inc. (NYSE: GPS), Pier 1 Imports inc. (NYSE: PIR), and Stage Stores Inc. (NYSE: SSI).

Posted on: October 9, 2008 – 9:24 am in Apparel, Earnings Warning, Retail, ANF, CHS, GPS, PIR, SSI

Early Bird Analyst Downgrades (CHS, FIG, GE, MPEL, MTB, SNY, SLGN, STM, STI)

These are not all of the downgrades or negative analyst calls affecting stocks this Tuesday, but these are some of the highlights we have seen with over 2 and a half hours to the market open:

Chico’s FAS (NYSE: CHS) Cut to Neutral at Piper Jaffray.
Fortress Investment (NYSE: FIG) Cut to Market Perform at KBW.
General Electric (NYSE: GE) Cut to Neutral at Merrill Lynch.
Melco Crown Entertainment (NASDAQ: MPEL) Cut to Neutral at JPMorgan.
M&T Bank (NYSE: MTB) Cut to Underperform at Baird.
Sanofi-Aventis (NYSE: SNY) Cut to Underperform at Credit Suisse.
Silgan Holdings (NASDAQ: SLGN) Cut to Neutral at Goldman Sachs.
STMicroelectronics (NYSE: STM) Cut to Neutral at JPMorgan.
SunTrust Banks (NYSE: STI) Cut to Neutral at Baird.

Jon C. Ogg
September 23, 2008

Posted on: September 23, 2008 – 6:03 am in Analyst Calls, CHS, FIG, GE, MPEL, MTB, SLGN, SNY, STI, STM

4 Chart Breakout Candidates (NTRS, WMT, AMTD, CHS)

Today was a strange day in the markets because of the Uncle Sam bailouts, but there are many stocks which showed activity on their charts exhibiting breakout or reversal patterns. Whether they continue is something else entirely. We would caution that with the markets also being this strong there are many stocks in our screening universe that looked up much more than they should have been.

Posted on: September 8, 2008 – 6:37 pm in Charts, AMTD, CHS, NTRS, WMT

Top Pre-Market Analyst Downgrades (ANF, AEO, ANN, CHS, CWTR, ENTR, IGT, MSA, OVTI, VNDA)

These are some of the analyst downgrades and negative calls we are seeing early this Tuesday morning:

Abercrombie & Fitch (ANF) Started as Neutral at Goldman Sachs.
American Eagle Outfitters (AEO) Started as Sell at Goldman Sachs.
AnnTaylor Stores (ANN) Started as Sell at Goldman Sachs.
Chico’s FAS (CHS) Started as Sell at Goldman Sachs.
Coldwater Creek (CWTR) Started as Sell at Goldman Sachs.
Entropic Communications (ENTR) Cut to Neutral at Piper Jaffray.
International Game Technology (IGT) Cut to Market Perform at Wachovia.
Mine Safety Appliances (MSA) Cut to Neutral at Baird.
OmniVision Technologies (OVTI) Cut to Neutral at JPMorgan.
Vanda Pharmaceuticals (VNDA) Cut To Neutral at JP Morgan; Cut to Neutral at Banc of America.

Jon C. Ogg
July 29, 2008

Posted on: July 29, 2008 – 6:51 am in Analyst Calls, AEO, ANF, ANN, CHS, CWTR, ENTR, IGT, MSA, OVTI, VNDA

Top 10 Pre-Market Analyst Calls (ALU, CHS, LONG, IFX, JNPR, MAR, MFA, NSC, SNDA, VVUS)

These are ten of the analyst calls we are focusing on this Thursday morning:

Alcatel-Lucent (NYSE: ALU) Raised to Neutral from Sell at Goldman Sachs.
Chico’s FAS (NYSE: CHS) cut to Sell at Citigroup.
eLong (NASDAQ: LONG) Cut to Sell from Hold at Citigroup.
Infineon (NYSE: IFX) Cut to Reduce at Oppenheimer.
Juniper Networks (NASDAQ: JNPR) cut to Neutral at UBS; started as Hold at Lazard.
Marriott International (NYSE: MAR) Cut to Equalweight at Morgan Stanley.
MFA Mortgage (NYSE: MFA) raised to Outperform at Keefe Bruyette Woods.
Norfolk Southern (NYSE: NSC) Raised To Buy from Neutral at Merrill Lynch.
Shanda Interactive (NASDAQ: SNDA) Cut to Hold from Buy at Citigroup.
Vivus (NASDAQ: VVUS) cut to Market Perform at Wachovia.

Jon C. Ogg
May 29, 2008

Posted on: May 29, 2008 – 6:55 am in Analyst Calls, ALU, CHS, IFX, JNPR, LONG, MAR, MFA, NSC, SNDA, VVUS

The 52-Week Low Club (TWB)(FMD)(CHS)(PTRY)(GSAT)(VMED)

Tween Brands (TWB) Cuts Q1 outlooks. Sells down to $17.85 from 52-week high of $49.

First Marblehead (FMD) Investment deal from Goldman Sachs looks weak. Down to $3.12 from 52-week high of $45.70.

Chico’s FAS (CHS) Weak same-store sales. Falls to $5.42 from 52-week high of $27.94.

Pantry (PTRY) Brokerage downgrade. Sells off to $11.20 from 52-week high of $48.96.

Globalstar (GSAT) Raising money through note offering. Down to $3.98 from 52-week high of $12.35.

Virgin Media (VMED) Large bond offering and downgrade. Slips to $12.37 from 52-week high of $30.

Douglas A. McIntyre

Posted on: April 10, 2008 – 3:02 pm in HI/LOW, CHS, FMD, GSAT, PTRY, TWB, VMED

Chico’s FAS, Same Store Sales Still In Tank (CHS)

Many have been hoping that the bloodletting in the aisles of Chico’s FAS inc. (NYSE: CHS) is coming to an end. If that is the case, it isn’t evident in the numbers yet.

The womens retail and apparel chain posted a decrease in same store sales at -20.7% for the five-week period ended April 5, 2008. It claims that without the effect of Easter this season, same store sales would have been down in the 18% to 19% range. March total sales results for the five-week period ended April 5, 2008, decreased 15.2% to $162.1 million from $191.2 million.

Chico’s closed at $6.40 yesterday. Its 52-week trading range is $6.40 to $27.94. Shares are indicated down close to 3% at $6.21 in pre-market trading. It appears another 52-week low is heading its way.

Chico’s growth days are done. For it to recover it has to show some stability throughout its chain, because it can’t just keep opening new stores in saturated areas. The Company has 608 Chico’s front-line stores, 38 Chico’s outlet stores; 314 White House | Black Market front-line stores and has19 White House | Black Market outlet stores; 70 Soma Intimates front-line stores and 1 Soma Intimates outlet store.

Who know for sure, but maybe it would even consider breaking up its brands.

Jon C. Ogg
April 10, 2008

Jon Ogg produces the Special Situation Investing Newsletter. He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Posted on: April 10, 2008 – 8:05 am in Apparel, Retail, CHS

Clothing Retailers Wait For Chico’s FAS Earnings (CHS, CWTR)

On Tuesday afternoon we’ll get to see earnings out of Chico’s FAS Inc. (NYSE: CHS). The estimates for the specialty womens retailer from First Call are $416.93 million in revenues. Next quarter estimates are $467.74 million in revenues. Estimates for fiscal Jan-2009 are $1.84 billion in revenues.

Analysts have an average price target north of $9.00, in-line with the current share price. Chico’s FAS’ 52-week trading range is $6.70 to $27.94. This is one that we might not normally cover, but it has been one of the uglier womens retail plays out there. Even with a near-50% recovery from its 52-week lows, this one is still nearly down by about two-thirds from its highs.

The short interest on this is huge with roughly 18.8 million shares, so anything looking "not horrible" will probably create a short covering parade. When this one turns, it will turn fast. Investors just need to know that they are no longer investing in a growth stock if they are buying stock in Chico’s. Traders will also be watching Coldwater Creek (NASDAQ: CWTR) on this news, as these are the two most compared companies after much of the same target market.

Jon C. Ogg
March 1, 2008

Posted on: March 1, 2008 – 7:56 am in Apparel, Earnings, Retail, CHS, CWTR

52-Week Low Club (December 28, 2007)

Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end we also broke out retail stocks, financial stocks, airlines & transports, and hotels. A separate report could have been compiled for REIT’s as well, but many of those were left off because of room or volume. There were enough 52-week lows today that you might even wonder if there had been a mini-crash in the markets. Here are the 52-week lows for December 28, 2007:

Advanced Micro Devices (NYSE: AMD)… imagine if the company got Hector Ruiz to leave.
American Greetings (NYSE: AM)…again.
AstraZeneca (NYSE:AZN)… new entrant.
Carmike Cinemas (NASDAQ:CKEC)
ChipMOS (NASDAQ:IMOS)
Corp. Office Property (NYSE: OFC)
Cryptologic (NASDAQ: CRYP)
Diebold (NYSE:DBD)
Fortune Brands (NYSE:FO)
Group 1 Auto (NYSE: GPI)
Infinera Corp. (NASDAQ: INFN)
Introgen (NASDAQ:INGN)
Japan Smaller Cap Fund (NYSE: JOF)
Lamar Advertising (NASDAQ: LAMR)
Legget & Platt (NYSE: LEG)
Martha Stewart (NYSE: MSO)
Marvell Tech (NASDAQ:MRVL)
Mattel (NYSE:MAT)
McClatchy (NYSE:MNI)
Micron Tech (NYSE:MU)
NGAS Resources (NASDAQ:NGAS)
Nortel Networks (NYSE:NT)
Owens Corning (NYSE:OC)
Omnicare (NYSE:OCR)
Prestige Brand (NYSE: PBH)
PC-Tel (NASDAQ:PCTI)
Ruth’s Chris (NASDAQ:RUTH)
SanDisk (NASDAQ: SNDK)
Theravance (NASDAQ:THRX)
Tractor Supply (NASDAQ:TSCO)
Wendy’s (NYSE: WEN)
World Fuel Services (NYSE:INT)
U-Store-It (NYSE:YSI)

Retail Stocks on 52-week lows: Ann Taylor (NYSE:ANN), Big Lots (NYSE:BIG), Borders Group (NYSE:BGP), Bon Ton Stores (NASDAQ:BONT), Chico’s FAS (NYSE:CHS), Finish Line (NASDAQ:FINL), Liz Claiborne (NYSE: LIZ), Macy’s (NYSE: M), Office Max (NYSE:OMX), Petsmart (NASDAQ:PETM), Stage Stores (NYSE:SSI)

Financial stocks on 52-week lows: Bear Stearns (NYSE: BSC), Citigroup (NYSE:C), Canseco (NYSE: CNO), Discover Financial (NYSE: DFS), Fifth Third Bancorp (NASDAQ:FITB), Fortress Investment (NYSE: FIG), MBIA Inc. (NYSE: MBI), Washington Mutual (NYSE:WM)… urgh! When does it stop?

Airlines/Transports on 52-week lows: Airtran Holdings (NYSE: AAI)…again. Did they launch a Friends Die Free rewards plan? Continental Airlines (NYSE:CAL), Fedex (NYSE:FDX), Mesa Air (NASDAQ:MESA), Northwest Airlines (NYSE: NWA)… near $100 oil is a real pain.

Hotels Hitting 52-week lows: Host Hotels (NYSE: HST), Lasalle Hotel (NYSE: LHO), Starwood Hotels (NYSE:HOT), Sunstone Hotel (NYSE: SHO), Wydham Worldwide (NYSE:WYN). Maybe these all wish they could get the private equity buyers back in the sector. If only they could still borrow.

These CEO’s new year’s resolutions are all the same: "In 2008 I want to keep my stock off the 52-week low lists."

Jon C. Ogg
December 28, 2007

Posted on: December 28, 2007 – 3:01 pm in HI/LOW, AAI, AM, AMD, ANN, AZN, BGP, BIG, BONT, BSC, C, CAL, CHS, CKEC, CNO, CRYP, DBD, DFS, FDX, FIG, FINL, FITB, FO, GPI, HOT, HST, IMOS, INFN, INGN, INT, JOF, LAMR, LEG, LHO, LIZ, M, MAT, MBI, MESA, MNI, MRVL, MSO, MU, NGAS, NT, NWA, OC, OCR, OFC, OMX, PBH, PCTI, PETM, RUTH, SHO, SNDK, SSI, THRX, TSCO, WEN, WM, WYN, YSI

52-Week Low Club (AAI, ANN, AM, BIG, BJRI, CHS, CC, LIZ, M, OMX, MSO, RL, HOT, WM, WEN, ZLC)

Today’s list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today’s list. Some of these did end up recovering back above their respective 52-week lows. Here’s your list for today:

Airtran (AAI)…down from a $13.09 high. $95+ Oil is a pain. Stock broke significant support at $8.00 two weeks ago so it’s in no-man’s land.
Ann Taylor (ANN)… Is the growth story gone? If so and IF it can hit its earnings estimates then it is a hidden value stock. But with women spending less on clothes over the holidays it may just be a value trap.
American Greeting (AM)… I started complaining about the cost of greeting cards LONG BEFORE the economy softened, and I’m not alone.
Big Lots (BIG)…again…should say "habitual offender" on it.
BJ’s Restaurants (BJRI)…cool brewpub, although still expensive on earnings measurement.
Chico’s FAS (CHS)…again.
Circuit City (CC)…needs to fire that CEO immediately.
Liz Claiborne (LIZ)…again.
Macy’s (M)….again.
Marvell Tech (MRVL).. see chip stocks on 52-week lows.
Martha Stewart Living (MSO)… Is it changing its name to "DYING"? Maybe a weak ad environment and magazine environment is even worse than we thought?
Micron Tech (MU) turnaround still can’t turn around… see chip stocks on 52-week lows.
Office Max (OMX)…again.
Ralph Lauren Polo (RL)…recovered above that 52-week low but this was a surprise to see even in a weak consumer. Stock is now over $40.00 under highs.
Sandisk (SNDK).. see chip stocks in 52-week lows.
Starwood Hotels (HOT)… givin’ all the inheritance away may not keep young Paris happy.
STMicro (STM)…see chip stocks on 52-week lows.
Washington Mutual (WM)… when WA-MU changes its name to UH-OH!
Wendy’s International (WEN)… just an expensive burger chain with a "hoped for buyout" allowing a premium, otherwise would be even lower.
Zale Corp. (ZLC)….. I didn’t get my wife diamonds for Christmas either.

All these CEO’s have a fairly easy new year’s resolution for 2008: "I want to keep my stock from hitting 52-week lows"…….

Jon C. Ogg
December 27, 2007

Posted on: December 27, 2007 – 4:01 pm in HI/LOW, AAI, AM, ANN, BIG, BJRI, CC, CHS, HOT, LIZ, M, MSO, OMX, RL, WEN, WM, ZLC

52-Week Low Club (BIG, BONT, CHS, M, OMX, SSI, HOT, ZLC, RT, F, WM, BSC)

We didn’t include only retail names on the 52-week lows today, but it could have been easy to do. The retail scene just didn’t do too hot over Christmas and these are pying the price. The good news is that many of these names bounced back above their 52-week lows.

Here are the retail names alone:

Big Lots (NYSE: BIG) still slurping.
Bon Ton Stores (NASDAQ:BONT)
Chico’s FAS (NYSE: CHS)
Macy’s (NYSE: M)
Office Max (NYSE: OMX)
Stage Stores (NYSE:SSI)
Starwood Hotels (NYSE: HOT)
Zale’s (NYSE: ZLC)

Ford (NYSE: F) merely touched on its 52-week lows but didn’t put in any new 52-week lows. Maybe this one isn’t quite retail, but it sure reflects a weak consumer.

Ruby Tuesday (NYSE:RT) is in the same boat as it isn’t a retail store but is consumer discretionary (and the food is nothing special).

A couple surprise financial names are on today’s list, although maybe it isn’t that large of a surprise. Bear Stearns (NYSE: BSC) didn’t stay that low, but it was looking dismal this morning. Washington Mutual (NYSE:WM) also didn’t stay that low but this morning was looking a bit harsh for WA-MU.

Jon C. Ogg
December 26, 2007

Posted on: December 26, 2007 – 2:18 pm in HI/LOW, Retail, BIG, BONT, BSC, CHS, F, HOT, M, OMX, RT, SSI, WM, ZLC

Pre-Market Analyst Calls (November 6, 2007)

Stock Tickers: ANF, ARO, AEO, ANN, ADSK, BMRN, CA, CHS, C, COGN, CWTR, ETR, GPS, GOOG, JCG, LF, MA, MSFT, ORH, ORCL, PAS, PNWIF, PT, RIMM, JAVA, SYMC, UA, URBN

Abercrombie & Fitch (ANF) started as Buy at UBS.
Aeropostale (ARO) started as Neutral at UBS.
American Eagle Outfitters (AEO) raised to Hold at Citigroup.
Ann Taylor (ANN) started as Buy at UBS.
Autodesk (ADSK) raised to Overweight at Lehman.
Biomarin (BMRN) Started as Buy at Jefferies.
CA INC. (CA) raised to Equal-Weight at Lehman.
Chico’s FAS (CHS) started as Neutral at UBS.
Citigroup (C) cut to Neutral at B of A.
Cognos (COGN) cut to Sector Perform at CIBC.
Coldwater Creek (CWTR) started as Neutral at UBS.
Entergy (ETR) cut to Hold at Jefferies.
Gap Inc. (GPS) started as Buy at UBS.
Googe (GOOG) target raised to $850 at Sanford Bernstein.
J.Crew (JCG) started as Neutral at UBS.
Leapfrog (LF) started as Strong Buy at Needham.
MasterCard (MA) raised to Buy at Deutsche Bank.
Microsoft (MSFT) removed from Conviction Buy List at Goldman Sachs.
OdysseyRe (ORH) raised to Hold at Citigroup.
Oracle (ORCL) replaced Microsoft on Goldman Sachs Conviction Buy List.
PepsiAmericas (PAS) cut to Underweight at JPMorgan.
PhotoChannel (PNWIF) started as Buy at Merriman Curhan Ford.
Portugal Telecom (PT) raised to Buy at UBS.
Research In Motion (RIMM) raised to Outperform at Credit Suisse.
Sun Micro (JAVA) raised to Buy at Citigroup.
Symantec (SYMC) cut to Equal-Weight at Lehman.
Under Armour (UA) started as Underweight at Morgan Stanley.
Urban Outfitters (URBN) started as Buy at UBS.

Jon C. Ogg
November 6, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: November 6, 2007 – 7:57 am in Analyst Calls, ADSK, AEO, ANF, ANN, ARO, BMRN, C, CA, CHS, COGN, CWTR, ETR, GOOG, GPS, JAVA, JCG, LF, MA, MSFT, ORCL, ORH, PAS, PNWIF, PT, RIMM, SYMC, UA, URBN

The 52-Week Low Club

Coldwater Creek (CWTR) Week numbers for women’s apparel company. Down to $12.85 from 52-week high of $31.25.

Chico’s FAS (CHS) Apparel retailer reports poor earnings. Down to $15.35 from 52-week high of $27.94.

Energy Conversion Devices (ENER) Solar cell maker show poor numbers and profits may be delayed until 2009. Drop to $25.05 from 52-week high of $41.07.

Sirf Technology (SIRF) Company makes chips for use in GPS devices. Received poor brokerage rating last week. Share won’t recover. Falls to $16.20 from 52-week high of $34.15.

Douglas A. McIntyre

Posted on: August 30, 2007 – 3:58 pm in HI/LOW, CHS, CWTR, ENER, SIRF

52-Week Lows (August 27, 2007)

Not all of these are low closes but these hit new 52-week lows if not……

Candela (CLZR) keeps hitting the list….

Carmike Cinema’s (CKEC)…if movies hit $4 Billion and they can’t make money then they better jack up thge popcorn prices…..

Chico’s F A S (CHS) put in a new 52-week low intraday, although this sub-$17.00 marks a low if it closes here.

Delta Petroleum (DPTR) may not be a 52-week low close but that was intraday.

Eagle Test Systems Inc. (EGLT) is on that seems to keep hitting the list of late.

Franklin Electric Co., Inc., (FELE)…groundwater and fuel pumping systems… isn’t that supposed to be a hot area???

St. Joe Co. (JOE)…. would you expect anything else from a company that builds small communities and transplant-a-marsh to a town player in this housing and loan environment???

Kellwood (KWD) isn’t selling enough men’s and women’s sportwear?

Neurocham (NRMX)… today’s biotech implosion

Restoration Hardware Inc. (RSTO)… needs to restore itself maybe. Too bad, because it’s a neat shop. If houses aren’t selling and if money gets tight, this one can easily be avoided.

Jon C. Ogg
August 27, 2007