Breaking News Instant updates and real-time market news.

ANF

Abercrombie & Fitch

$20.08

0.82 (4.26%)

07:06
01/14/19
01/14
07:06
01/14/19
07:06

Abercrombie & Fitch reaffirms Q4 SSS up low single digits

Abercrombie & Fitch announced that it is reaffirming its previously issued outlook for the fourth quarter of fiscal 2018 as follows: Driven by the loss of fiscal 2017's 53rd week and adverse impacts from both the calendar shift and changes in foreign currency exchange rates, net sales to decrease mid-single digits; Comparable sales to be up low-single digits on top of 9% last year A gross profit rate flat to up slightly from last year's rate of 58.4%; GAAP operating expense, excluding other operating income, to be down in the range of 1% - 2% from last year's adjusted non-GAAP operating expense of $561 million. Fran Horowitz, CEO, said: "We were pleased with our performance in the competitive holiday season. We remain on track to deliver a low-single digit comp for the fourth quarter, representing our sixth consecutive quarter of positive comparable sales. From a regional perspective, comp trends remain directionally consistent with the third quarter. Hollister continues its momentum with strength across genders. At Abercrombie, weakness in Women's tops and dresses is driving a projected negative brand comp for the quarter, which the brand's new leadership team is actively addressing."

  • 14

    Jan

ANF Abercrombie & Fitch
$20.08

0.82 (4.26%)

08/31/18
JPMS
08/31/18
NO CHANGE
Target $19
JPMS
Underweight
Abercrombie & Fitch price target lowered to $19 from $23 at JPMorgan
JPMorgan analyst Matthew Boss lowered his price target for Abercrombie & Fitch to $19 and keeps an Underweight rating on the shares following yesterday's Q2 results. Accelerating compares and sustained margin pressure raises "red flags" for the second half of the year, Boss tells investors in a research note.
10/11/18
JPMS
10/11/18
NO CHANGE
Target $16
JPMS
Underweight
Abercrombie & Fitch price target lowered to $16 from $19 at JPMorgan
JPMorgan analyst Matthew Boss lowered his price target for Abercrombie & Fitch to $16 and maintains an Underweight rating on the shares. Work in the field and talks with management points to elevated risk, Boss tells investors in a research note. Such risks, according to the analyst, include Abercrombie's Europe exposure with has seen unfavorable weather and its exposure to a potentially increasing minimum wage.
10/11/18
WEDB
10/11/18
NO CHANGE
Target $17
WEDB
Neutral
Abercrombie & Fitch price target lowered to $17 from $25 at Wedbush
Wedbush analyst Jen Redding lowered her price target for Abercrombie & Fitch to $17 from $25 on Q3 negative data signal from new proprietary data model. The analyst says the Wedbush Big Data Product forecasts third quarter gross margin as a percent of sales to be lower than consensus by 249 bps to 58.97% compared with the consensus estimate of 61.46%. Given its large sample size and historical accuracy, as well as rigorous statistical back testing, the analyst is confident in the directionality of the forecasted miss, and are cautiously lowering estimates in her financial model. Redding reiterates a Neutral rating on the shares.
11/26/18
DBAB
11/26/18
UPGRADE
Target $24
DBAB
Buy
American Eagle upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Tiffany Kanaga upgraded American Eagle Outfitters (AEO) to Buy with an unchanged price target of $24. The analyst also reiterates a Sell rating on Abercrombie & Fitch (ANF) ahead of the Q3 results for the teen retailers. The analyst views American Eagle's valuation as undemanding and sees a buying opportunity at current share levels. Amid more favorable weather and following Black Friday channel checks, the analyst has increased confidence that the company can exceed guidance in Q3 and cycle a tough compare in Q4.

TODAY'S FREE FLY STORIES

ERJ

Embraer

$21.02

-0.79 (-3.62%)

08:12
01/22/19
01/22
08:12
01/22/19
08:12
Downgrade
Embraer rating change  »

Embraer downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PETS

PetMed Express

$23.45

-0.27 (-1.14%)

08:12
01/22/19
01/22
08:12
01/22/19
08:12
Earnings
PetMed Express reports Q3 EPS 38c, consensus 48c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

HBAN

Huntington Bancshares

$13.60

0.24 (1.80%)

08:12
01/22/19
01/22
08:12
01/22/19
08:12
Hot Stocks
Huntington Bancshares' Chief Credit Officer Dan Neumeyer to retire »

Huntington Chief Credit…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

BABA

Alibaba

$157.04

1.04 (0.67%)

08:10
01/22/19
01/22
08:10
01/22/19
08:10
Recommendations
Alibaba analyst commentary  »

Alibaba estimates lowered…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jan

  • 03

    Mar

  • 04

    Mar

PFS

Provident Financial

$25.10

-0.045 (-0.18%)

08:10
01/22/19
01/22
08:10
01/22/19
08:10
Hot Stocks
Beacon Investment to acquire Tirschwell & Loewy »

Beacon Investment…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Feb

TUSK

Mammoth Energy

$22.75

-0.28 (-1.22%)

08:10
01/22/19
01/22
08:10
01/22/19
08:10
Conference/Events
Mammoth Energy management to meet with Stephens »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Jan

  • 24

    Jan

  • 10

    Feb

EBAY

eBay

$31.00

0.62 (2.04%)

08:10
01/22/19
01/22
08:10
01/22/19
08:10
Hot Stocks
Breaking Hot Stocks news story on eBay »

eBay jumps 10% to $34…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

MIDD

Middleby

$117.09

2.04 (1.77%)

08:09
01/22/19
01/22
08:09
01/22/19
08:09
Upgrade
Middleby rating change  »

Baird upgrades Middleby…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Feb

WTER

Alkaline Water

$3.60

-0.04 (-1.10%)

08:09
01/22/19
01/22
08:09
01/22/19
08:09
Hot Stocks
Alkaline Water enters agreement to expand presence in convenience stores »

Alkaline Water announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ITRI

Itron

$54.44

1.1 (2.06%)

08:08
01/22/19
01/22
08:08
01/22/19
08:08
Hot Stocks
Itron announces CEO Philip Mezey to retire »

Itron announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Mar

  • 08

    Mar

MOGU

Mogu

$16.39

1.89 (13.03%)

08:08
01/22/19
01/22
08:08
01/22/19
08:08
Initiation
Mogu initiated  »

Mogu initiated with an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BSRR

Sierra Bancorp

$26.25

0.61 (2.38%)

08:08
01/22/19
01/22
08:08
01/22/19
08:08
Earnings
Sierra Bancorp reports Q EPS , consensus 54c »

Reports Q4 book value per…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LXRX

Lexicon

$5.96

-1.73 (-22.50%)

08:07
01/22/19
01/22
08:07
01/22/19
08:07
Recommendations
Lexicon analyst commentary  »

Lexicon price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

ATTO

Atento

$4.37

0.1 (2.34%)

08:07
01/22/19
01/22
08:07
01/22/19
08:07
Hot Stocks
Atento CEO Alejandro Reynal steps down, Carlos Lopez-Abadia to succeed »

Atento announces the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EBAY

eBay

$31.00

0.62 (2.04%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Breaking Hot Stocks news story on eBay »

Elliott sees…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

ARNC

Arconic

$20.35

0.17 (0.84%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Arconic no longer pursuing potential sale of company »

Arconic announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CNDT

Conduent

$12.21

0.19 (1.58%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Conduent appoints Brian Clayton as Chief Compliance Officer »

Conduent announced the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

HSC

Harsco

$22.86

0.385 (1.71%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Harsco enters 15-year, $247M contract with HBIS Laoting Steel »

Harsco announced that its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

EBAY

eBay

$31.00

0.62 (2.04%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Breaking Hot Stocks news story on eBay »

Elliott sees path to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

VYST

Vystar Corp

$0.00

(0.00%)

08:06
01/22/19
01/22
08:06
01/22/19
08:06
Hot Stocks
Vystar Corp begins soft launch of Cloud Bed-in-a-Box collection via Rotmans »

Vystar Corporation said…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ARNC

Arconic

$20.35

0.17 (0.84%)

08:05
01/22/19
01/22
08:05
01/22/19
08:05
Hot Stocks
Breaking Hot Stocks news story on Arconic »

Arconic to no longer…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EBAY

eBay

$31.00

0.62 (2.04%)

08:05
01/22/19
01/22
08:05
01/22/19
08:05
Hot Stocks
Breaking Hot Stocks news story on eBay »

Elliott announces over 4%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Mar

08:05
01/22/19
01/22
08:05
01/22/19
08:05
General news
Canada manufacturing preview »

Canada manufacturing…

08:05
01/22/19
01/22
08:05
01/22/19
08:05
General news
Canada wholesale preview »

Canada wholesale preview:…

08:05
01/22/19
01/22
08:05
01/22/19
08:05
General news
Oil Action: NYMEX crude »

Oil Action: NYMEX crude…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.