BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Is Now a Good Time to Consider Jones Apparel?]]>http://www.bloggingstocks.com/2011/03/15/is-now-a-good-time-to-consider-jones-apparel/http://www.bloggingstocks.com/2011/03/15/is-now-a-good-time-to-consider-jones-apparel/http://www.bloggingstocks.com/2011/03/15/is-now-a-good-time-to-consider-jones-apparel/#commentsFiled under:

Jones Apparel logoJones Apparel Group's (JNY) shares, first discussed on December 15, 2009, at a price of $16.55, continued to exhibit sideways action this winter, but the view from here argues the trade should continue.

Jones, a multi-brand apparel and accessories company that operates at both the wholesale and retail levels, will probably post a 3% to 5% revenue increase in 2011 revenue, weighed down by higher input costs and competitive pressures.

Continue reading Is Now a Good Time to Consider Jones Apparel?

Is Now a Good Time to Consider Jones Apparel? originally appeared on BloggingStocks on Tue, 15 Mar 2011 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>JNYJones ApparelTue, 15 Mar 2011 15:30:00 EST<![CDATA[Analyst Calls: APC, AMZN, CME, DO, GPS, H, JCP, JWN, KSS, PM SYNT ...]]>http://www.bloggingstocks.com/2011/01/07/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/07/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/07/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , ,

Analyst Upgrades

  • Diamond Offshore (DO) to conviction buy from sell and Baker Hughes (BHI) to buy from neutral at Goldman.
  • Frontier Communications (FTR) to outperform from market perform at Wells Fargo.
  • Syntel (SYNT) to outperform from market perform at Wells Fargo, to buy from hold at Deutsche Bank and to buy from neutral at Janney Capital.
  • Kulicke & Soffa (KLIC) and Fiserv (FISV) to outperform from perform at Oppenheimer.
  • 3M (MMM) to neutral from underweight and Tyco (TYC) to overweight from neutral at JPMorgan.
  • Collective Brands (PSS) and Nordstrom (JWN) to overweight from equal weight, as well as Foot Locker (FL) to equal weight from underweight, at Morgan Stanley.
  • Amazon.com (AMZN) to buy from hold at Lazard Capital.
  • Yamana Gold (AUY) to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: APC, AMZN, CME, DO, GPS, H, JCP, JWN, KSS, PM SYNT ...

Analyst Calls: APC, AMZN, CME, DO, GPS, H, JCP, JWN, KSS, PM SYNT ... originally appeared on BloggingStocks on Fri, 07 Jan 2011 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3MAmazon.comAMTAMZNANACAnadarkoanalyst upgradesAPCAUYBaker HughesBBGBHIBill BarrettCALPCarrizo OilCCICCLCMECRZOCTSHCXODealerTrackDGXDOdowngradesEnscoESVFiservFISVFLFoot LockerFTRGapGEDUGPSHHyattIGTinitiationsinthenewsJCPJCPenneyJNYJWNKLICKohlsKSSKulicke and SoffaMetroPCSMMMNEDNFXNordstromPCSPhilip MorrisPMPSSPVHRCLRoyal CaribbeanRPTPSBACSNNSTZSYNTSyntelTRAKTYCTycoVLTRVolterraWarnacoWRCYamana GoldFri, 07 Jan 2011 11:20:00 EST<![CDATA[Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ...]]>http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/11/05/analyst-upgrades-downgrades/#commentsFiled under: , , , , ,

Analyst Upgrades

  • State Street (STT) was upgraded to buy from neutral at Goldman.
  • Roth Capital upgraded Intel (INTC), Marvell Technology (MRVL) and Nvidia (NVDA) to buy from neutral.
  • Bebe Stores (BEBE) was upgraded to buy from neutral at Janney Montgomery.
  • W&T Offshore (WTI) was upgraded to buy from accumulate at Global Hunter.
  • Citigroup upgraded International Rectifier (IRF) and Timberland (TBL) to hold from sell.
  • Watson Pharma (WPI) was upgraded to buy from neutral at UBS.
  • Atmel (ATML) was upgraded to strong buy from buy at Needham.
  • Ashford Hospitality (AHT) was upgraded to outperform from neutral at RW Baird.
  • Oppenheimer upgraded MetroPCS (PCS) to outperform from perform.

Continue reading Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ...

Analyst Calls: GDP, INTC, LVS, MON, MRVL, NTRS, NVDA, STT, WYNN ... originally appeared on BloggingStocks on Fri, 05 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AHTALYanalyst upgradesATMLBEBECenterPointCFXClearwireCLWRCNPColfaxCORDECKDeckersdowngradesEQYGoodrichinitiationsINTCinthenewsIRFJNYLas Vegas SandsLVSMarvellMetroPCSMONMonsantoMRVLNorthern TrustNTRSNVDANvidiaPCSPRERed LionRF MicroRFMDRLHState StreetSTNSTTSUGTBLTimberlandTWOWPIWPRTWTIWYNNFri, 05 Nov 2010 11:30:00 EST<![CDATA[Jones Apparel Group: A retail sector hybrid with promise ]]>http://www.bloggingstocks.com/2009/12/15/jones-apparel-group-a-retail-sector-hybrid-with-promise/http://www.bloggingstocks.com/2009/12/15/jones-apparel-group-a-retail-sector-hybrid-with-promise/http://www.bloggingstocks.com/2009/12/15/jones-apparel-group-a-retail-sector-hybrid-with-promise/#commentsFiled under: ,

The retail sector is on the mend, but the sector remains riddled with antiquated business models and chains that won't be around in five years, hence a cautious approach is advised. And one unique retail play with decent risk/return is Jones Apparel Group Inc. (JNY)

Jones Apparel is a multi-brand apparel and accessories company that operates at both the wholesale and retail levels.

Continue reading Jones Apparel Group: A retail sector hybrid with promise

Jones Apparel Group: A retail sector hybrid with promise originally appeared on BloggingStocks on Tue, 15 Dec 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>jnyTue, 15 Dec 2009 14:00:00 EST<![CDATA[Cramer on BloggingStocks: Macy's has undone mistakes of the past ]]>http://www.bloggingstocks.com/2009/12/08/cramer-on-bloggingstocks-macys-has-undone-mistakes-of-the-past/http://www.bloggingstocks.com/2009/12/08/cramer-on-bloggingstocks-macys-has-undone-mistakes-of-the-past/http://www.bloggingstocks.com/2009/12/08/cramer-on-bloggingstocks-macys-has-undone-mistakes-of-the-past/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says Macy's turnaround is evident in its stores and it will soon be evident in its numbers.

Why in heck is Macy's (M) (Cramer's Take) only a $6 billion company? Here's a department store chain that's getting growth back, that's aspirational as all get out, that has a management that understands that it needs to be regional in product but not in duplicative management, and it gets no respect whatsoever.

Yet we love the strip mall guys like Kohl's (KSS) (Cramer's Take) and Target (TGT) (Cramer's Take) because they are still throwing stores up all over the place and have perceived growth characteristics. We are willing to pay twice Nordstrom's (JWN) (Cramer's Take) growth rate for a company that's not that much better than Macy's, if at all. Twenty-three times Nordstrom's 12% growth vs. 15 times Macy's 10% growth makes no sense to me when I expect Macy's' growth to accelerate because of the My Macy's localizing initiative.

Continue reading Cramer on BloggingStocks: Macy's has undone mistakes of the past

Cramer on BloggingStocks: Macy's has undone mistakes of the past originally appeared on BloggingStocks on Tue, 08 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredjim cramerJimCramerjnyjwnkssmtgtTue, 08 Dec 2009 10:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AMAT, CSCO, GD, HOT, LIZ, RBS ...]]>http://www.bloggingstocks.com/2009/09/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/28/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst upgrades:

  • Collins Stewart upgraded General Dynamics (NYSE: GD) to Buy from Hold as it finds the valuation compelling at current levels and sees potential upside from a better economy and better-than-expected defense budgets.
  • SunTrust views the sell-off in shares of Cabot Oil (NYSE: COG) as a buying opportunity and expects the Pennsylvania Department of Environmental Protection order to be resolved quickly. The firm upgraded Cabot to Buy from Neutral.
  • Barclays upgraded Cisco (NASDAQ: CSCO) to Overweight from Equal Weight based on expectations for improved carrier demand, continued U.S. momentum, and an improved Europe.
  • Applied Materials (NASDAQ: AMAT) was upgraded to Buy from Hold at Citigroup.
  • Stericycle (NASDAQ: SRCL) was upgraded to Gradually Accumulate from Hold at Soleil.
  • Grupo Televisa (NYSE: TV) was upgraded to Neutral from Sell at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: AMAT, CSCO, GD, HOT, LIZ, RBS ...

Analyst upgrades, downgrades and initiations: AMAT, CSCO, GD, HOT, LIZ, RBS ... originally appeared on BloggingStocks on Mon, 28 Sep 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMATanalysts upgradesCiscoCOGCSCOdowngradesFACTGDHFWAHOTinitiationsinthenewsJNYJOSBLIZNAVRBSSRCLTCBTHORTVWFRMon, 28 Sep 2009 10:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BJ, INTC, MMM, MRVL, NSM ... ]]>http://www.bloggingstocks.com/2009/07/07/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/07/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/07/07/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst upgrades:

  • Keefe Bruyette upgraded KeyCorp (NYSE: KEY) to Outperform from Market Perform due to valuation and the company's capital position. The firm has an $8 target price on the stock.
  • BofA/Merrill upgraded its view of the semiconductor sector and upgraded Intel (NASDAQ: INTC) and Marvell Technology (NASDAQ: MRVL) to Buy from Neutral, LSI Corp. (NYSE: LSI) to Buy from Underperform, and Maxim (NASDAQ: MXIM) and National Semiconductor (NYSE: NSM) to Neutral from Underperform. The firm now sees 2010 revenue growth of 21% vs. its prior estimate of 14% due to improving electric demand and lean inventories.
  • Thomas Weisel upgraded Vital Images (NASDAQ: VTAL) to Overweight from Market Weight based on compelling valuation and potential upside from its new ViTAL Enterprise product offering.
  • Jones Apparel (NYSE: JNY) was upgraded to Buy from Neutral at Goldman.
  • Hess Corp. (NYSE: HES) was upgraded to Overweight from Equal Weight at Barclays.
  • Nationwide Health (NYSE: NHP) was upgraded to Outperform from Market Perform at Morgan Keegan.

Continue reading Analyst upgrades, downgrades and initiations: BJ, INTC, MMM, MRVL, NSM ...

Analyst upgrades, downgrades and initiations: BJ, INTC, MMM, MRVL, NSM ... originally appeared on BloggingStocks on Tue, 07 Jul 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3MAMSGASTEBJdowngradesELYEPICHESHLITHNSNIMGNinitiationsINTCIntelJNYKEYLSIMGIMMMMRVLMXIMNHPNSMOMPIupgradesVTALTue, 07 Jul 2009 11:00:00 EST<![CDATA[Cramer on BloggingStocks: The seductive pull of the early cycle ]]>http://www.bloggingstocks.com/2009/04/20/cramer-on-bloggingstocks-the-seductive-pull-of-the-early-cycle/http://www.bloggingstocks.com/2009/04/20/cramer-on-bloggingstocks-the-seductive-pull-of-the-early-cycle/http://www.bloggingstocks.com/2009/04/20/cramer-on-bloggingstocks-the-seductive-pull-of-the-early-cycle/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer is seeing signs of a coming boom, but he's still being cautious here.

If you had to define the early cycle, if you had to outline what stocks should be soaring coming out of a recession into a boom and which ones should be faltering, you would have to say the action in this market in the last month is the quintessential behavioral pattern.

What are the components of the early cycle? First, it's the homebuilders. As is typical coming out of a recession, the stocks precede the bottom of housing. That's exactly what's happening with the lowest permits and highest affordability and best mortgage rates and massive inventory. Everywhere, except on Wall Street reporting, the bottom is bursting out. When you read the lead story in the Sunday Philadelphia Inquirer, and it is all about the thousands of prospective homebuyers heading south to pick up condos and homes for half of what they were worth two years ago -- or even less -- and you know that virtually no one has broken ground in the Sunshine State in a year, you can bet that the bottom's actually behind us. This housing market has wiped out all but the most stable private builders and even the public ones are merging as we know from Pulte (NYSE: PHM) (Cramer's Take) and Centex (NYSE: CTX) (Cramer's Take). So, in the next cycle, you can see some profitability developing year over year even though the new homes don't have much margin because the foreclosed homes next door are going for a song. And don't believe this won't change the dynamic of future foreclosures. In most areas, rent is higher than the interest on mortgages, so you will find that second or third job needed to stay in your home. The incentive structure's radically different than a year ago.

Continue reading Cramer on BloggingStocks: The seductive pull of the early cycle

Cramer on BloggingStocks: The seductive pull of the early cycle originally appeared on BloggingStocks on Mon, 20 Apr 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>abtalvanaxpazoccelgcofctbctxcvseateftcffeaturedfmergildgisgmgpshnzhsyjcijcpjim cramerJimCramerjnsjnyjwnkkmxkssmmnropbypeppgphmpnrarostschwshldtgttjxtrowunwagyumMon, 20 Apr 2009 10:30:00 EST<![CDATA[Analyst calls: PM, PFG, OMX, STD, RBS, DEO, DAL, KR, LIZ, JNY, RL ...]]>http://www.bloggingstocks.com/2008/11/04/analyst-calls-pm-pfg-omx-std-rbs-deo-dal-kr-liz-jny-r/http://www.bloggingstocks.com/2008/11/04/analyst-calls-pm-pfg-omx-std-rbs-deo-dal-kr-liz-jny-r/http://www.bloggingstocks.com/2008/11/04/analyst-calls-pm-pfg-omx-std-rbs-deo-dal-kr-liz-jny-r/#commentsFiled under: , , , , , , , ,

Analyst upgrades:
  • Philip Morris (NYSE: PM) was upgraded to Outperform from Neutral at Credit Suisse.
  • Friedman Billings upgraded shares of Principal Financial (NYSE: PFG) to Market Perform from Underperform as they believe the company's capital buffer could keep outrunning credit losses.
  • Friedman Billings also upgraded Office Max (NYSE: OMX) to Outperform from Market Perform. The firm believes the risk of recourse to Office Max from the Timber Notes formerly backed by Lehman is low and that any litigation by noteholders will have a low level of success.
  • Citigroup upgraded CF Industries (NYSE: CF) to Buy from Hold on valuation following the recent weakness but lowered their target to $113 from $128.
  • Analog Devices (NYSE: ADI) was upgraded to Buy from Neutral at Merrill Lynch.
  • Granite Construction (NYSE: GVA) was upgraded to Neutral from Sell at Goldman.
Analyst downgrades:

Continue reading Analyst calls: PM, PFG, OMX, STD, RBS, DEO, DAL, KR, LIZ, JNY, RL ...

Analyst calls: PM, PFG, OMX, STD, RBS, DEO, DAL, KR, LIZ, JNY, RL ... originally appeared on BloggingStocks on Tue, 04 Nov 2008 11:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adialgtcfdaldeofultgvajnyknxakrlizomxpfgpmrbsrlstdthstrowTue, 04 Nov 2008 11:43:00 EST<![CDATA[Liz Claiborne (LIZ) drops like a rock]]>http://www.bloggingstocks.com/2008/10/15/liz-cailborne-liz-drops-like-a-rock/http://www.bloggingstocks.com/2008/10/15/liz-cailborne-liz-drops-like-a-rock/http://www.bloggingstocks.com/2008/10/15/liz-cailborne-liz-drops-like-a-rock/#commentsFiled under: , , , , , , ,

LIZ logoLiz Claiborne (NYSE: LIZ - option chain) shares are dropping today after the company got a slate of bad news. First, S&P downgraded the stock today and cut its price target by 47%. Also, September retail sales came in way lower than expected, which is driving retail stocks lower today. Lastly, competitor Jones Apparel Group (NYSE: JNY) lowered its EPS guidance and is off by more than 20% today. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on LIZ.

This morning, LIZ opened at $11.06. So far today the stock has hit a low of $9.99 and a high of $11.15. As of 12:40, LIZ is trading at $10.59, down $1.17 (-10.0%). The chart for LIZ looks bearish and S&P gives LIZ a 2 STARS (out of 5) sell ranking.

For a bearish hedged play on this stock, I would consider a January bear-call credit spread above the $15 range.

Continue reading Liz Claiborne (LIZ) drops like a rock

Liz Claiborne (LIZ) drops like a rock originally appeared on BloggingStocks on Wed, 15 Oct 2008 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>downgradeinthenewsInvestors ObserverInvestorsObserverJNYJones ApparelJonesApparelLIZLiz ClaiborneLizClaiborneoptionsretailWed, 15 Oct 2008 13:40:00 EST<![CDATA[Cramer on BloggingStocks: This retail tide can lift all boats ]]>http://www.bloggingstocks.com/2008/09/02/cramer-on-bloggingstocks-this-retail-tide-can-lift-all-boats/http://www.bloggingstocks.com/2008/09/02/cramer-on-bloggingstocks-this-retail-tide-can-lift-all-boats/http://www.bloggingstocks.com/2008/09/02/cramer-on-bloggingstocks-this-retail-tide-can-lift-all-boats/#commentsFiled under: , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says with gas coming down further, the coming rally could be broad and fierce.

The great hurricane fakeout leaves us with oil much lower than it began, having launched itself from $112. Now that the $110 level's been breached and natural gas has gone as low as $7.50, we can begin to put together a holiday scenario that might -- just might -- explain the incredible run in retail that's been going on.

The presumption in retail, if you use Wal-Mart (NYSE: WMT) (Cramer's Take) as retail, was that once the stimulus wore off, presumably last month, the stocks would get hammered. On Aug. 7, Wal-Mart as much as told you that, and the stock dropped to $57 from $60.90.

Ever since then, it has been creeping up. Kohl's (NYSE: KSS) (Cramer's Take) dropped a point from that warning, going from $45 to $44. It is now at $49. Macy's (NYSE: M) (Cramer's Take) went from $19.80 to $18.90 before bouncing to $20.82. Jones (NYSE: JNY) (Cramer's Take) went from $17.40 to $17.20 before roaring to $19.80. Ralph Lauren (NYSE: RL) (Cramer's Take), because of a great quarter, didn't even get hurt, rallying from $67 to $75.

Continue reading Cramer on BloggingStocks: This retail tide can lift all boats

Cramer on BloggingStocks: This retail tide can lift all boats originally appeared on BloggingStocks on Tue, 02 Sep 2008 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amrbbycaldellfeaturedgisjcpjim cramerJimCramerjnykssmpeppgretailrlshldurbnwmtTue, 02 Sep 2008 09:00:00 EST<![CDATA[Analyst upgrades: SCOR, DRE, JWN and SUNH]]>http://www.bloggingstocks.com/2008/05/02/analyst-upgrades-scor-dre-jwn-and-sunh/http://www.bloggingstocks.com/2008/05/02/analyst-upgrades-scor-dre-jwn-and-sunh/http://www.bloggingstocks.com/2008/05/02/analyst-upgrades-scor-dre-jwn-and-sunh/#commentsFiled under: , , , ,

MOST NOTEWORTHY: ComScore, Duke Realty, Nordstrom and Sun Healthcare were among today's noteworthy upgrades:
  • ComScore (NASDAQ: SCOR) was upgraded to Outperform from Perform at Oppenheimer to reflect the strong Q1 report and strong customer additions.
  • Duke Realty (NYSE: DRE) was upgraded to Outperform from Market Perform at Wachovia upgraded based on valuation.
  • Nordstrom (NYSE: JWN) was upgraded to Outperform from Neutral at Credit Suisse.
  • Sun Healthcare (NASDAQ: SUNH) was upgraded to Outperform from Market Perform at Friedman Billings based on valuation and notes the Medicare rate cuts will be as drastic as feared.
OTHER UPGRADES:
  • MedAssets (NASDAQ: MDAS) was upgraded to Buy from Neutral at Piper, which thinks the company's acquisition of Accuro will strengthen its revenue cycle management offering, and the firm believes the tight credit markets make the company's MedAssets a compelling product in the short-term. In addition, Piper notes that the company has recently had success with large hospital systems.
  • Jones Apparel (NYSE: JNY) was upgraded to Buy from Neutral at Merrill citing sales expectations for the l.e.i. brand at Wal-Mart (NYSE: WMT) and margin improvements from leaner inventories.
  • Affiliated Computer (NYSE: ACS) was upgraded to Buy from Hold at Jefferies based on valuation and expectations for better bookings.

Analyst upgrades: SCOR, DRE, JWN and SUNH originally appeared on BloggingStocks on Fri, 02 May 2008 10:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acsaffiliated computerAffiliatedComputeranalystcomscoredredukejnyjonesjwnmdasmedassetsnordstromscorsun healthcaresunhSunHealthcareupgradewal martWalMartwmtFri, 02 May 2008 10:55:00 EST<![CDATA[Earnings highlights: GM, Comcast, UBS, Best Buy, Hasbro, Marriott, and others]]>http://www.bloggingstocks.com/2008/02/16/earnings-highlights-gm-comcast-ubs-best-buy-hasbro-marriot/http://www.bloggingstocks.com/2008/02/16/earnings-highlights-gm-comcast-ubs-best-buy-hasbro-marriot/http://www.bloggingstocks.com/2008/02/16/earnings-highlights-gm-comcast-ubs-best-buy-hasbro-marriot/#commentsFiled under: , , , , , , , , ,

Here are some highlights of this past week's earnings coverage from BloggingStocks:

Also, Jim Cramer defends his interest in GM after its record loss.

Upcoming results to watch for include Wal-Mart (NYSE: WMT), Hewlett-Packard (NYSE: HPQ), OfficeMax (NYSE: OMX), Whole Foods (NASDAQ: WFMI), MGM Mirage (NYSE: MGM), JCPenney (NYSE: JCP), and Safeway (NYSE: SWY).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: GM, Comcast, UBS, Best Buy, Hasbro, Marriott, and others originally appeared on BloggingStocks on Sat, 16 Feb 2008 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMATApplied MaterialsBBYBest BuyCampbelCMCSAComcastCPSDENNDenny'searningsearnings reportsGeneral MotorsGMHASHasbroHPHPQJCPJCPenneyJim CramerJNYJones ApparelLGFLions GateMARMarriottMGMMolson CoorsOfficeMaxOMXPOLPolyOneSafewaySchering-PloughSGPsubprimeSWYTAPTransformersUBSVNUSWal-MartWFMIWhole FoodsWMTWorld Wrestiling EntertainmentWWESat, 16 Feb 2008 09:40:00 EST<![CDATA[Jones Apparel (JNY) shares rally after Q4 loss narrows]]>http://www.bloggingstocks.com/2008/02/13/jones-apparel-jny-shares-rally-after-q4-loss-narrows/http://www.bloggingstocks.com/2008/02/13/jones-apparel-jny-shares-rally-after-q4-loss-narrows/http://www.bloggingstocks.com/2008/02/13/jones-apparel-jny-shares-rally-after-q4-loss-narrows/#commentsFiled under: , ,

Really, Jones Apparel Group Inc. (NYSE: JNY) could not have picked a better day to report fourth quarter earnings if it tried. When the government reports surprisingly strong retail sales for January, with clothes in particular up 1.4% during the month, that fact can only help a clothing retailer.

Jones, still executing its restructuring plan, said its fourth-quarter net loss narrowed to $89.8 million, or $1.06 per share, from $269.5 million, or $2.51 per share, last year. Without the gain on the sale of its high-end department-store chain, Barneys New York, and other costs, net income was nine cents per share, beating the seven cents per share analysts had been expecting.

Jones, which exited several lines during the quarter and along with the rest of the market suffered from weak holiday shopping season, posted a 17% decline in revenue to $838.5 million from $1.01 billion last year. Analysts expected revenue of $874.8 million. To get a better feel for the retailer's performance during the quarter, same-store sales fell 4.8%.

Continue reading Jones Apparel (JNY) shares rally after Q4 loss narrows

Jones Apparel (JNY) shares rally after Q4 loss narrows originally appeared on BloggingStocks on Wed, 13 Feb 2008 12:54:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>anne kleinAnneKleinearningsGloria VanderbiltGloriaVanderbiltinthenewsjnyjones appareljones new yorkJonesApparelJonesNewYorknine westNineWestwal-martwmtWed, 13 Feb 2008 12:54:00 EST<![CDATA[Earnings highlights: Crocs, Exxon, Kraft, P&G, Sirius, and others]]>http://www.bloggingstocks.com/2007/11/03/earnings-highlights-crocs-exxon-kraft/http://www.bloggingstocks.com/2007/11/03/earnings-highlights-crocs-exxon-kraft/http://www.bloggingstocks.com/2007/11/03/earnings-highlights-crocs-exxon-kraft/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Lots more quarterly reports rolled out this past week, and here are some highlights of earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Crocs, Exxon, Kraft, P&G, Sirius, and others

Earnings highlights: Crocs, Exxon, Kraft, P&G, Sirius, and others originally appeared on BloggingStocks on Sat, 03 Nov 2007 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADMAlcatel-LucentALUAlvarionALVRArcher Daniels MidlandAvonAVPBKCBurger KingBurt's BeesChevronCICIGNACiscoCisco SystemsCLCloroxCLXCMCSACoachCOHColgate-PalmoliveComcastCrocsCROXCSCOCVXDELLDISDisneyearningsearnings reportsExxonMobilFordGeneral MotorsGiven ImagingGIVNGMHertzHTZHUMHumanaIACIACIINTCIntelInteractivecorpInternational PaperIPJim CramerJNYJones ApparelKBRKelloggKFTKraftMAMasterCardMicrosoftMSFTNEMNewmontNews Corp.NWSPGProcter and GambleQCOMQualcommR.R. DonnelleyRadio ShackRRDRSHSIRISiriusSprintSprint NextelTEVATime WarnerToshibaTRMPTrumpTWXUAUnder ArmourUS SteelVerizonVZWalt DisneyXXOMZac BissonnetteSat, 03 Nov 2007 10:10:00 EST<![CDATA[Jones Apparel higher on Q3 results]]>http://www.bloggingstocks.com/2007/10/31/jones-apparel-higher-on-q3-results/http://www.bloggingstocks.com/2007/10/31/jones-apparel-higher-on-q3-results/http://www.bloggingstocks.com/2007/10/31/jones-apparel-higher-on-q3-results/#commentsFiled under: , , , ,

JNY logoJones Apparel Group Inc. (NYSE: JNY) shares are rising today after the company's Q3 earnings release. Earnings skyrocketed to $3.97 per share, up from $0.56 in the year-ago period, thanks to a hefty income tax benefit and other one-time gains. Revenues fell 5% but still exceeded analysts' expectations. Excluding one-time items, the company's adjusted EPS was $0.51, ahead of analysts' expectations of $0.34. If you think that the company won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on JNY.

After hitting a one-year high of $35.54 in January, the stock fell to a 52-week low of $16.73 in August. JNY opened this morning at $22.94. So far today the stock has hit a low of $19.70 and a high of $23.08. As of 10:35, JNY is trading at $20.07, up $0.37 (1.9%). The chart for JNY looks bullish and steady, while S&P gives the stock a neutral 3 STARS (out of 5) hold rating.

For a bullish hedged play on this stock, I would consider a January bull-put credit spread below the $17.50 range. A bull-put credit spread is an options position that combines the purchase and sale of put options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make an 8.7% return in just 3 months as long as JNY is above $17.50 at January expiration. Jones would have to fall by more than 13% before we would start to lose money.

Continue reading Jones Apparel higher on Q3 results

Jones Apparel higher on Q3 results originally appeared on BloggingStocks on Wed, 31 Oct 2007 12:29:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>earningsinthenewsInvestors ObserverInvestorsObserverJNYJones ApparelJonesAppareloptionsWed, 31 Oct 2007 12:29:00 EST<![CDATA[Analyst downgrades: COH, HLYS, JNY and KO]]>http://www.bloggingstocks.com/2007/08/08/analyst-downgrades-8-08-07-coh-hlys-jny-and-ko/http://www.bloggingstocks.com/2007/08/08/analyst-downgrades-8-08-07-coh-hlys-jny-and-ko/http://www.bloggingstocks.com/2007/08/08/analyst-downgrades-8-08-07-coh-hlys-jny-and-ko/#commentsFiled under: , , , , ,

MOST NOTEWORTHY: Radian Group (RDN), Heelys (HLYS), Sonus Networks (SONS), Leap Wireless (LEAP) and MetroPCS (PCS) were today's noteworthy downgrades:
  • Radian Group (NYSE: RDN) was downgraded to Hold from Buy with a $23 target at Citigroup on concerns over the company's potential merger with MGIC Investment (MTG).
  • Heelys (NASDAQ: HLYS) was downgraded to Neutral from Outperform at Baird, to Hold from Buy at Brean Murray, to Neutral from Overweight at JP Morgan, to Sector Performer from Outperformer at CIBC and to Market Perform from Outperform at Wachovia following the company's FY07 guidance which was well below the consensus.
  • Sonus Networks (NASDAQ: SONS) was downgraded to Sell from Neutral at Merriman, as the firm believes there are a number of concerns that are not reflected in shares, including a flat N-T revenue outlook, a cut in 700bp in gross margins and a sharp uptick in receivable days, among other things.
  • LeapWireless (NASDAQ: LEAP) and MetroPCS were both downgraded to Hold from Buy at Citigroup, as they believe the break in subscriber momentum will last for 6-9 months. Wachovia downgraded Leap Wireless to Market Perform from Outperform citing mixed Q2 results and weak Q3 guidance.
OTHER DOWNGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades: COH, HLYS, JNY and KO originally appeared on BloggingStocks on Wed, 08 Aug 2007 11:04:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystcbfcbrecoachcoca-colacohcokedickdksdowngradeheelyshlysjnyjoneskoleapleapwirelessradianratingrdnsonssonusWed, 08 Aug 2007 11:04:00 EST<![CDATA[The Barneys bidding war intensifies]]>http://www.bloggingstocks.com/2007/08/06/the-barneys-bidding-war-intensifies/http://www.bloggingstocks.com/2007/08/06/the-barneys-bidding-war-intensifies/http://www.bloggingstocks.com/2007/08/06/the-barneys-bidding-war-intensifies/#commentsFiled under: , ,

The value of luxury retailing chain Barneys New York, currently owned by Jones Apparel Group (NYSE: JNY), just got a little steeper. Over the weekend, Japan's Fast Retailing Company said it would pay $950 million to acquire the Barneys chain. Since July 5, Fast Retailing has been trying to beat out Dubai investment group Istithmar, which originally offered $825 million for the chain but has since upped its bid to $900 million.

The latest offer is 15% higher than Istithmar's original acquisition price and nearly 140% above what Jones paid to buy-out Barneys in December 2004.

Jones Apparel officials have responded by saying Istithmar has two business days to respond with an offer that, according to a statement published by the Associated Press, is "at least as favorable to Jones as the amended Fast Retailing offer." If Jones decides to deal with Fast Retailing, it will owe the Dubai suitor a $22.7 million break-up fee.

Jones shares have dropped more than 2% today to hit a new 52-week low of $19.79. The stock may be continuing to real from its disappointing earnings report last week.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

The Barneys bidding war intensifies originally appeared on BloggingStocks on Mon, 06 Aug 2007 12:18:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Barneys New YorkBarneysNewYorkDubaiFast RetailingFastRetailinginthenewsIstithmarJNYJones ApparelJonesApparelMon, 06 Aug 2007 12:18:00 EST<![CDATA[Analyst upgrades 8-02-07: BRCM, JNY, OMX, SYMC and VCLK]]>http://www.bloggingstocks.com/2007/08/02/analyst-upgrades-8-02-07-brcm-jny-omx-symc-and-vclk/http://www.bloggingstocks.com/2007/08/02/analyst-upgrades-8-02-07-brcm-jny-omx-symc-and-vclk/http://www.bloggingstocks.com/2007/08/02/analyst-upgrades-8-02-07-brcm-jny-omx-symc-and-vclk/#commentsFiled under: , , , , , , , , , ,

MOST NOTEWORTHY: British Airways (BAIRY), Symantec (SYMC), OfficeMax (OMX), Qwest (Q) and Metlife (MET) were today's noteworthy upgrades:
  • Friedman Billings believes Symantec's (NASDAQ: SYMC) fundamentals are about to show significant improvement over the next year and upgraded shares to Outperform from Market Perform.
  • JP Morgan raised OfficeMax (NYSE: OMX) shares to Overweight from Neutral on valuation.
  • Qwest (NYSE: Q) was upgraded to Sector Outperformer from Sector Performer, expecting revenue growth to be driven by the improving enterprise business. JP Morgan added Qwest to its Focus List.
  • Metlife (NYSE: MET) was upgraded to Buy from Neutral at Merrill, based on valuation...
OTHER UPGRADES:
  • ValueClick (NASDAQ: VCLK) was upgraded to Sector Perform from Underperform at Pacific Crest.
  • Penn West (NYSE: PWE) was upgraded to Sector Perform from Underperform at RBC Capital.
  • Friedman Billings upgraded Cubic (AMEX: CUB) to Market Perform from Underperform.
  • Morgan Stanley upgraded shares of Jones Apparel (NYSE: JNY) to Equal Weight from Underweight.
  • Broadcom (NASDAQ: BRCM) was raised to Sector Outperformer from Sector Performer at CIBC.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 8-02-07: BRCM, JNY, OMX, SYMC and VCLK originally appeared on BloggingStocks on Thu, 02 Aug 2007 11:20:00 EST. Please see our terms for use of feeds.

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The market spent most of the day in the red, but shot up in the last hour to close in the green. The NYSE had volume of 4.1 billion shares with 1,398 shares advancing while 1,906 declined for a gain of 18.55 points to close at 9,573.05. On the NASDAQ, 2.9 billion shares traded, 1,263 advanced and 1,810 declined for a gain of 7.6 to 2,553.87.

Jones Apparel Group (NYSE: JNY) plummeted $3.10 (-12%) to $21.86 after a second quarter net loss. Chipotle Mexican Grill (NYSE: CMG) rose $10.85 (12%) to $99.19 as second quarter profit doubled. Trump Entertainment Resorts (NASDAQ: TRMP) lost $0.48 (-7%) to $6.22. OfficeMax Incorporated (NYSE: OMX) gained $2.23 (7%) to $35.11 on a small increase in net profit.

In options there were 9.0 million puts and 7.2 million calls traded for a put/call open interest ratio of 1.25. Bristol-Myers Squibb (NYSE: BMY) saw heavy volume on the December 32.50 calls (BMYLZ) with over 52,000 options trading. ALCOA Inc. (NYSE: AA) saw heavy volume on the August 47.50 calls (AAHW) with over 35,000 options trading. Valero Energy (NYSE: VLO) saw heavy volume on the August 75 calls (ZPYHO) with over 34,000 options trading. General Motors Corp. (NYSE: GM) saw heavy volume on the September 32.50 puts (GMUZ) with over 53,000 options trading.

The CBOE S&P 500 Volatility Index (NASDAQ: $VIX) saw heavy volume on the August 25 calls (VIXHE) with over 55,000 options trading. The CBOE Volatility Index is a measure of option volatility and effectively a fear index of the market. The VIX jumped from 15.00 area in the beginning of July to a recent reading of 23.67 (see chart). The index being up indicates that there is still fear in the market. The heavy call option activity at the 25 strike represents a bet that fear will increase or a large insurance policy against further market downturns.

Kevin Kersten is an Options Analyst with InvestorsObserver.com. Disclosure note: Mr. Kersten owns and or controls a diversified portfolio of long and short positions that may include holdings in companies he writes about.

Wednesday Market Rap: OMX, CMG, TRMP, BMY, VIX originally appeared on BloggingStocks on Wed, 01 Aug 2007 17:10:00 EST. Please see our terms for use of feeds.

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