BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Closing Bell: Bears become victim of jobs report (OPXA, AIG, NVDA, PAYX, CROX, HANS)]]>http://www.bloggingstocks.com/2009/08/07/closing-bell-bears-become-victim-of-jobs-report-opxa-aig-nvd/http://www.bloggingstocks.com/2009/08/07/closing-bell-bears-become-victim-of-jobs-report-opxa-aig-nvd/http://www.bloggingstocks.com/2009/08/07/closing-bell-bears-become-victim-of-jobs-report-opxa-aig-nvd/#commentsFiled under: , ,

Today was simple. It's all about employment. A better than expected labor report sent shares soaring. The notion that a late day report showing that credit to Americans is still declining was largely ignored. The unemployment data was good enough that some might even question it. Either way, it looks like the only group losing droves of jobs now is the group of market bears. Here were today's unofficial closing bell levels:
DJIA:9,730.07(+1.23%)
S&P500:1,010.47(+1.35%)
NASDAQ:2,000.25(+1.37%)
Top 10 Analyst Calls

Opexa Therapeutics, Inc. (NASDAQ: OPXA) sold some stem cell technology to Novartis (NYSE: NVS) for $3 million up front, but it is getting another $1 million over six months and the company could get another $50 million from royalties and milestone hurdles. Shares were up a sharp and whopping 300% at $1.89 right before the close.


Continue reading Closing Bell: Bears become victim of jobs report (OPXA, AIG, NVDA, PAYX, CROX, HANS)

Closing Bell: Bears become victim of jobs report (OPXA, AIG, NVDA, PAYX, CROX, HANS) originally appeared on BloggingStocks on Fri, 07 Aug 2009 16:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>NVDANVSOPXAPAYXFri, 07 Aug 2009 16:10:00 EST<![CDATA[Crocs loses less than expected -- time to celebrate!]]>http://www.bloggingstocks.com/2009/08/07/crocs-loses-less-than-expected-time-to-celebrate/http://www.bloggingstocks.com/2009/08/07/crocs-loses-less-than-expected-time-to-celebrate/http://www.bloggingstocks.com/2009/08/07/crocs-loses-less-than-expected-time-to-celebrate/#commentsFiled under: ,

After the closing bell sounded yesterday, footwear firm Crocs (NASDAQ: CROX) reported second-quarter earnings, or should we say second-quarter loss -- yet the Street is ready to celebrate.

The foam footwear manufacturer reported a second-quarter loss of $30.3 million, or 36 cents per share. Taking a $34.8 million charge out of the equation, CROX would have lost a mere six cents per share. While these results are worse than those of a year ago, they managed to top Wall Street's expectations for a loss of 21 cents per share.

Continue reading Crocs loses less than expected -- time to celebrate!

Crocs loses less than expected -- time to celebrate! originally appeared on BloggingStocks on Fri, 07 Aug 2009 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>crocsearningsfeaturedfootwearretailugly shoesUglyShoesFri, 07 Aug 2009 08:40:00 EST<![CDATA[The decline and fall of Crocs]]>http://www.bloggingstocks.com/2009/07/17/the-decline-and-fall-of-crocs/http://www.bloggingstocks.com/2009/07/17/the-decline-and-fall-of-crocs/http://www.bloggingstocks.com/2009/07/17/the-decline-and-fall-of-crocs/#commentsFiled under:

crocs stock, croxDoes anyone here remember Crocs, Inc. (NASDAQ: CROX)?

It seems like only yesterday that you'd walk down the street and everywhere you looked, you saw those horribly ugly $30 sandals that were going to change the world.

Well, as it turned out, Crocs didn't change the world. They were just a fad. Crocs are nothing more than this decade's version of the hula hoop, the pet rock, Members Only jackets or the dearly beloved eight-track tape.

The Washington Post recently looked at the decline and fall of Crocs.

The colorful foam clogs appeared in 2002, just as the country was recovering from a recession. Brash and bright, they were a cheap investment (about $30) that felt good and promised to last forever. Former president George W. Bush wore them. Aerosmith lead singer Steven Tyler wore them. Your grandma wore them. They roared along with the economy, mocked by the fashion world but selling 100 million pairs in seven years.

In the space of about 16 months, shares of CROX jumped 600%! The stock did even better than Goldman Sachs (NYSE: GS) -- and no one had to bail them out. Now class, that brings me to today's investing lesson: How to know when you've made the dumbest investing mistake in the world.

Continue reading The decline and fall of Crocs

The decline and fall of Crocs originally appeared on BloggingStocks on Fri, 17 Jul 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CrocsCROXfeaturedLouis NavellierLouisNavellierFri, 17 Jul 2009 18:30:00 EST<![CDATA[Closing Bell: The pullback with no sting (ALU, AMZN, BA, CROX, CHK, LVS, NVAX)]]>http://www.bloggingstocks.com/2009/05/05/closing-bell-the-pullback-with-no-sting-alu-amzn-ba-crox-c/http://www.bloggingstocks.com/2009/05/05/closing-bell-the-pullback-with-no-sting-alu-amzn-ba-crox-c/http://www.bloggingstocks.com/2009/05/05/closing-bell-the-pullback-with-no-sting-alu-amzn-ba-crox-c/#commentsFiled under: , , , , ,

Ben Bernanke tried to talk up the markets today in light of reports that ten of nineteen banks under the stress test needed capital. Bernanke said that a recovery does lie ahead and that housing is near a bottom. At the end of the day, it was hard to get any feeling for gains or profit taking.

Here are today's unofficial closing bell levels:

Dow 8,410.65 -16.09 (-0.19%)
S&P 500 903.80 -3.44 (-0.38%)
Nasdaq 1,754.12 -9.44 (-0.54%)

Top Analyst Upgrades and Downgrades

Continue reading Closing Bell: The pullback with no sting (ALU, AMZN, BA, CROX, CHK, LVS, NVAX)

Closing Bell: The pullback with no sting (ALU, AMZN, BA, CROX, CHK, LVS, NVAX) originally appeared on BloggingStocks on Tue, 05 May 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankejim cramerJimCramerkindleNVAXTue, 05 May 2009 16:00:00 EST<![CDATA[Closing Bell: If the pullback never comes... (BAC, WFC, XHB, CROX, DNDN, BRK.A, ADBE)]]>http://www.bloggingstocks.com/2009/05/04/closing-bell-if-the-pullback-never-comes-bac-wfc-xhb-cro/http://www.bloggingstocks.com/2009/05/04/closing-bell-if-the-pullback-never-comes-bac-wfc-xhb-cro/http://www.bloggingstocks.com/2009/05/04/closing-bell-if-the-pullback-never-comes-bac-wfc-xhb-cro/#commentsFiled under: , , , ,

If you have been waiting and hoping for a pullback of any size, the moves here are probably starting to make as much sense as using the notion that you should buy just because a company is keeping the same dividend it has always had. The markets screamed higher again today on the heels of some very solid housing data and that has the bulls firmly in charge again. In turn, market bears are becoming about as popular today as management of troubled banks. Here were today's unofficial closing bell levels:

Dow 8,410.81 +198.40 (2.42%)
S&P 500 907.24 +29.72 (3.39%)
Nasdaq 1,763.56 +44.36 (2.58%)

Top Analyst Upgrades and Downgrades

Continue reading Closing Bell: If the pullback never comes... (BAC, WFC, XHB, CROX, DNDN, BRK.A, ADBE)

Closing Bell: If the pullback never comes... (BAC, WFC, XHB, CROX, DNDN, BRK.A, ADBE) originally appeared on BloggingStocks on Mon, 04 May 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DNDNStressTestwarren buffettWarrenBuffettXHBMon, 04 May 2009 16:00:00 EST<![CDATA[Crocs come to Ocean State Job Lot]]>http://www.bloggingstocks.com/2009/03/26/crocs-come-to-ocean-state-job-lot/http://www.bloggingstocks.com/2009/03/26/crocs-come-to-ocean-state-job-lot/http://www.bloggingstocks.com/2009/03/26/crocs-come-to-ocean-state-job-lot/#commentsFiled under:

Shares of Crocs (NASDAQ: CROX) have lost nearly all of their value over the past year, as the rubberized clog-like sandal shoe fad comes to a merciful end.

Adding to Crocs' problems was the proliferation of knockoffs being sold at discount stores and flea markets for a tiny fraction of what Crocs retailed for.

Continue reading Crocs come to Ocean State Job Lot

Crocs come to Ocean State Job Lot originally appeared on BloggingStocks on Thu, 26 Mar 2009 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CrocsCROXinthenewsOcean State Job LotOceanStateJobLotThu, 26 Mar 2009 14:10:00 EST<![CDATA[Crocs auditor raises a red flag]]>http://www.bloggingstocks.com/2009/03/19/crocs-auditor-raises-a-red-flag/http://www.bloggingstocks.com/2009/03/19/crocs-auditor-raises-a-red-flag/http://www.bloggingstocks.com/2009/03/19/crocs-auditor-raises-a-red-flag/#commentsFiled under: ,

Not so long ago, Crocs Inc. (NASDAQ: CROX) was riding high as its rubberized clog-like sandal shoes were the hottest thing in retail.

Now the fad has died, sales have fallen through the floor, the economy has tanked and worst of all, the company's auditors have "expressed substantial doubt" about the "company's ability to continue as a going concern." Here's the full-text from the company's newly filed 10-K:

Continue reading Crocs auditor raises a red flag

Crocs auditor raises a red flag originally appeared on BloggingStocks on Thu, 19 Mar 2009 07:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CrocsCROXfeaturedThu, 19 Mar 2009 07:00:00 EST<![CDATA[Earnings highlights: Deere, HP, CBS, Playboy, Intuit, Whole Foods and more]]>http://www.bloggingstocks.com/2009/02/21/earnings-highlights-deere-hp-cbs-playboy-intuit-whole-food/http://www.bloggingstocks.com/2009/02/21/earnings-highlights-deere-hp-cbs-playboy-intuit-whole-food/http://www.bloggingstocks.com/2009/02/21/earnings-highlights-deere-hp-cbs-playboy-intuit-whole-food/#commentsFiled under: , , , , , , , , ,

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

Continue reading Earnings highlights: Deere, HP, CBS, Playboy, Intuit, Whole Foods and more

Earnings highlights: Deere, HP, CBS, Playboy, Intuit, Whole Foods and more originally appeared on BloggingStocks on Sat, 21 Feb 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AgilentATTBioMarinBMRNCBSCrocsCROXDEDeereDeutsche TelekomDTearningsHewlett-PackardHPHPQINTUIntuitMaxwellMXWLPLAPlayboyTMKTorchmarkVerizonVZWashington REITWFMIWhole FoodsWRESat, 21 Feb 2009 09:40:00 EST<![CDATA[Crocs beats Q4 expectations, but don't be fooled ...]]>http://www.bloggingstocks.com/2009/02/20/crocs-beats-q4-expectations-but-dont-be-fooled/http://www.bloggingstocks.com/2009/02/20/crocs-beats-q4-expectations-but-dont-be-fooled/http://www.bloggingstocks.com/2009/02/20/crocs-beats-q4-expectations-but-dont-be-fooled/#commentsFiled under: , ,

Crocs (NASDAQ: CROX) reported earnings for the fourth quarter after the market close on Thursday. The shares were up almost 10% on the news during the after-hours trading session since the footwear company beat expectations by a wide margin. But let me tell you something: I cannot imagine any sane investor wanting to risk his hard-earned capital on this stock. The numbers are just too dismal.

Wall Street was bracing for a loss of $0.56 per share in the fourth quarter. Well, Crocs did much better than that. It lost only $0.40 per share. Great, right? Yeah. Let's look at the top line: it declined by 43%. Does that put the earnings beat in perspective? I sure hope it does. How about the fact that gross margin went down to 44% compared to 56% in the year-ago period -- does that also lend some context?

Continue reading Crocs beats Q4 expectations, but don't be fooled ...

Crocs beats Q4 expectations, but don't be fooled ... originally appeared on BloggingStocks on Fri, 20 Feb 2009 08:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CrocsCROXDECKdeckers outdoorDeckersOutdoorfeaturedfootwearmelly alazrakiMellyAlazrakiNikeNKEFri, 20 Feb 2009 08:15:00 EST<![CDATA[Stocks in the news: HPQ, S, UBS, WFMI, CROX, CBS, PCLN, LDK, CVS]]>http://www.bloggingstocks.com/2009/02/19/stocks-in-the-news-hpq-s-ubs-wfmi-crox-cbs-pcln-ldk-cvs/http://www.bloggingstocks.com/2009/02/19/stocks-in-the-news-hpq-s-ubs-wfmi-crox-cbs-pcln-ldk-cvs/http://www.bloggingstocks.com/2009/02/19/stocks-in-the-news-hpq-s-ubs-wfmi-crox-cbs-pcln-ldk-cvs/#commentsFiled under: , , , , , ,

U.S. stock futures were higher Thursday morning, pointing to a stronger start on Wall Street as investors continued to focus on the economy. Before the bell: Futures point to higher start ahead of economic data

Hewlett-Packard Corp. (NYSE: HPQ), reported a 13% quarterly drop in earnings as sales ticked up just 1% due to the recession. Results were inline with estimates, and even though it cut its 2009 guidance, it was still in line with Wall Street's expectations. HPQ shares declined 3.4% in premarket trade.

Sprint Nextel Corp (NYSE: S) posted a $1.6 billion, or 57 cents per share quarterly loss on Thursday and said a total of 1.3 million wireless customers had left its service during the quarter. Revenue fell to $8.4 billion from $9.8 billion a year earlier, and topped the Street's estimate. Sprint expects subscriber losses to improve in 2009. Sprint shares are soaring some 6.6% in premarket trading.

Continue reading Stocks in the news: HPQ, S, UBS, WFMI, CROX, CBS, PCLN, LDK, CVS

Stocks in the news: HPQ, S, UBS, WFMI, CROX, CBS, PCLN, LDK, CVS originally appeared on BloggingStocks on Thu, 19 Feb 2009 08:03:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cbscroxcvshpqinthenewsldkpclnsubswfmiThu, 19 Feb 2009 08:03:00 EST<![CDATA[Worst investments of 2008, Madoff's victims & 7 tips to shop liquation sales - Today in Money 12/15]]>http://www.bloggingstocks.com/2008/12/15/w/http://www.bloggingstocks.com/2008/12/15/w/http://www.bloggingstocks.com/2008/12/15/w/#commentsFiled under: , , ,

In the News:
· Fed Meets on Interest Rates Starting Today; May Cut Rates to a First-Ever 0% Soon
· U.S. Homes Lose $2 Trillion in Value During 2008
· Gas Prices Rise After 86 Consecutive Days of Declines
· Expect More Discounts as Christmas Nears
· Growing Number of Americans Seeking Property Tax Breaks
· Downsized Christmas Trees Still Selling

List of Potential Victims in $50 Billion Ponzi Scheme Grows
Investors who put their fortunes in the hands of arrested New York money manager Bernard Madoff are waiting to hear how much of their stake is left. The roster of potential victims has grown exponentially longer in the past few days. Among those who have acknowledged potential losses so far: Magnate Mort Zuckerman, the foundation of Holocaust survivor Elie Weisel, Sen. Frank Lautenberg and a charity of movie director Steven Spielberg. Also, former Philadelphia Eagles owner Norman Braman, New York Mets owner Fred Wilpon and J. Ezra Merkin, the chairman of GMAC Financial Services, the Palm Beach Country Club, charities, hedge funds and more.
http://www.usatoday.com/money/markets/2008-12-13-wall-street-arrest_N.htm
Also: Losses in Madoff Case Spread
Also: The 17th Floor, Where Wealth Went to Vanish

Worst Investments of 2008: Crocs, Yellow Pages, Banks and More
The year will go down as one of the worst ever for investors, but which investments were worst? If you were an investor in R.H. Donnelley which publishes Yellow Pages phone directories you have seen a 99% drop in your investment. And if you were an investor in Crocs shoes you saw your investments shrink by 95% this year. Others that had a very rough year included the investment banks, automakers, newspaper companies, Office Depot, Sprint Nextel and the list goes on and on.
http://images.businessweek.com/ss/08/12/1215_worst_investment/1.htm

Continue reading Worst investments of 2008, Madoff's victims & 7 tips to shop liquation sales - Today in Money 12/15

Worst investments of 2008, Madoff's victims & 7 tips to shop liquation sales - Today in Money 12/15 originally appeared on BloggingStocks on Mon, 15 Dec 2008 08:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Mon, 15 Dec 2008 08:11:00 EST<![CDATA[Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and others]]>http://www.bloggingstocks.com/2008/11/15/earnings-highlights-walmart-google-intel-pandg-sirius-blacks/http://www.bloggingstocks.com/2008/11/15/earnings-highlights-walmart-google-intel-pandg-sirius-blacks/http://www.bloggingstocks.com/2008/11/15/earnings-highlights-walmart-google-intel-pandg-sirius-blacks/#commentsFiled under: , , , , , , , , , , , ,

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

Continue reading Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and others

Earnings highlights: Walmart, Google, Intel, P&G, Sirius, Blackstone and others originally appeared on BloggingStocks on Sat, 15 Nov 2008 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AbercrombieAMATANFApplied MaterialsBlackstoneBXCrocsCROXCYCypressearningsearnings reportsFolgersGOOGGoogleINTCIntelJonathan BerrJoseph LazzaroJWNKohlsKSSLGFLions GateNordstromOrbitzOWWPGProcter and GambleSIRISiriusSusan MooreTJXTycoWalmartWMTSat, 15 Nov 2008 11:40:00 EST<![CDATA[Crocs -- as the fad is wearing off, so is the stock]]>http://www.bloggingstocks.com/2008/11/13/crocs-as-the-fad-is-wearing-off-so-is-the-stock/http://www.bloggingstocks.com/2008/11/13/crocs-as-the-fad-is-wearing-off-so-is-the-stock/http://www.bloggingstocks.com/2008/11/13/crocs-as-the-fad-is-wearing-off-so-is-the-stock/#commentsFiled under: , ,

I could never really see the charm in those horrid Crocs Inc. (NASDAQ: CROX) plastic footwear, so I never joined in the hype and wasn't part of that fun ride that Crocs shareholders enjoyed for a while. Crocs went public almost three years ago in February 2006. The stock has since split 2:1 in June 2007, peaked at $75.21 in October 2007, and yet today it trades under a dollar.

Crocs problems haven't started with the current economic slowdown; cheap knock-offs hurt sales and competitors marketed similar products. Not to mention the bad publicity Crocs had to manage following some injuries caused by Crocs getting caught in escalators.

Continue reading Crocs -- as the fad is wearing off, so is the stock

Crocs -- as the fad is wearing off, so is the stock originally appeared on BloggingStocks on Thu, 13 Nov 2008 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>clogscrocscroxearningsinthenewsThu, 13 Nov 2008 14:00:00 EST<![CDATA[Stocks in the news: WMT, INTC, C, SI, AMAT, GOOG, CROX, LVS ...]]>http://www.bloggingstocks.com/2008/11/13/stocks-in-the-news-wmt-intc-c-si-amat-goog-crox/http://www.bloggingstocks.com/2008/11/13/stocks-in-the-news-wmt-intc-c-si-amat-goog-crox/http://www.bloggingstocks.com/2008/11/13/stocks-in-the-news-wmt-intc-c-si-amat-goog-crox/#commentsFiled under: , , , , , , , ,

Wal-Mart Stores Inc (NYSE: WMT) reported better-than-expected quarterly profit Thursday morning, as the world's biggest retailer benefited from deteriorating global economic conditions as shoppers looked for discounted goods.
Earnings from continuing operations were 77 cents per share, beating estimates by a penny. Sales rose more than 7% to $97.6 billion. The discount retailer, however, lowered its full year guidance, mostly citing currency exchange effects. WMT shares were trading lower at the open.

Intel Corp. (NASDAQ: INTC) sharply cut its fourth-quarter sales projection Wednesday to about $9 billion, down from a previous estimate of $10.1 billion to $10.9 billion. Following Cisco Systems Inc. (NASDAQ: CSCO)'s warnings, as well as a few others, that orders dropped significantly during October, this is further indication that technology spending has been grinding to a hlat as the economic slowdown continues. INTC shares were down 4.2% in premarket trading (7:58 am), but were flat an hour into the session.

Citigroup Inc. (NYES: C) -- The board is considering replacing its chairman Sir Win Bischoff, the Wall Street Journal reported, citing people familiar with the matter, but a spokesman denied it. A leading candidate is Richard Parsons, Time Warner Inc. (NYSE: TWX)'s chairman. [Update: 9:30: The WSJ also reported that Citi is in talks to buy U.S. regional lender Chevy Chase Bank FSB, which operates in the mid-Atlantic region. Citi shares are trading 1.7% higher in premarket (7:56 am), but traded 5% lower around 11 a.m.

Siemens (NYSE: SI) on Thursday reported a widening fiscal fourth-quarter loss to 2.47 billion euros ($3.1 billion) and said it would be more difficult to meet its profit target for the current year. Operating profit for its core sectors of industry, energy and healthcare dropped 24% to 1.49 billion euros. Sales rose 7% to 21.65 billion euros as demand from China and Europe offset U.S. weakness. SI shares rising in Germany and traded 4.4% higher in premarket (7:25 am). SI shares are adding 7% to their value during the session.

Continue reading Stocks in the news: WMT, INTC, C, SI, AMAT, GOOG, CROX, LVS ...

Stocks in the news: WMT, INTC, C, SI, AMAT, GOOG, CROX, LVS ... originally appeared on BloggingStocks on Thu, 13 Nov 2008 08:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amatccroxgoogintcinthenewsjcplvssiwmtThu, 13 Nov 2008 08:15:00 EST<![CDATA[The week in preview: Macy's, Nordstrom, Abercrombie, JCPenney, and Kohl's]]>http://www.bloggingstocks.com/2008/11/09/the-week-in-preview-macys-nordstrom-abercrombie-jcpenney-a/http://www.bloggingstocks.com/2008/11/09/the-week-in-preview-macys-nordstrom-abercrombie-jcpenney-a/http://www.bloggingstocks.com/2008/11/09/the-week-in-preview-macys-nordstrom-abercrombie-jcpenney-a/#commentsFiled under: , , , , ,

Update Nov. 26, 2008: See all 2008 Black Friday deals.

This week, some apparel and accessory producers and retailers offer a look at how they've been doing between early summer's economic stimulus spending and the coming holiday season. While Polo Ralph Lauren Corp. (NYSE: RL) reported higher earnings last week, Coldwater Creek Inc. (NASDAQ: CWTR), Eddie Bauer Holdings Inc. (NASDAQ: EBHI), Kenneth Cole Productions Inc. (NYSE: KCP), and K-Swiss Inc. (NASDAQ: KSWS) all reported net losses as consumers pulled back on spending over the summer due to higher fuel prices and other economic worries. The expectations of analysts surveyed by Thomson Financial for such companies scheduled to report this week don't look much different; i.e., a bright spot or two among lower expectations overall.

Hip retailer Urban Outfitters Inc. (NASDAQ: URBN) is expected to post earnings 22.9% higher than a year ago, to $0.35 per share, on revenue of $475.9 million (+26.4%). The Philadelphia-based company already said that same-store sales in the quarter were 10% higher. Urban Outfitters has beat expectations in recent quarters, by 11.5% in the previous quarter, and analysts on average recommend buying URBN. Shares fell to a 52-week low of $16.61 per share on Friday, and are down 29.5% from a year ago. Other companies expected to report more modest earnings growth in the coming week include watch and accessory maker Fossil Inc. (NASDAQ: FOSL), retail giant Wal-Mart Stores Inc. (NYSE: WMT), and TJX Companies Inc. (NYSE: TJX), parent of such discount retail chains as T.J. Maxx and Marshalls. These three companies have tended to top analysts estimates in recent quarters, and Fossil and TJX ended the week near their 52-week lows.

While Los Angeles-based American Apparel Inc. (AMEX: APP) had a strong second quarter, the casual wear maker is expected to report $0.13 per share earnings for the third quarter, the same as in the year-ago period. And analysts anticipate that Kohl's Corp. (NYSE: KSS) will report that profits fell 16.4% to $0.51 per share on revenue of $3.9 billion (+1.9%). Though same-store sales for October fell 9%, the Menomonee Falls, Wis.-based company reaffirmed its third-quarter forecast. Kohl's has offered positive surprises in recent quarters, topping estimates by 5.6% in the previous quarter. The consensus recommendation remains to buy KSS. Shares have been climbing after reaching a 52-week low in late October, but are still down 32.8% from a year ago.

Continue reading The week in preview: Macy's, Nordstrom, Abercrombie, JCPenney, and Kohl's

The week in preview: Macy's, Nordstrom, Abercrombie, JCPenney, and Kohl's originally appeared on BloggingStocks on Sun, 09 Nov 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AbercrombieAmerican ApparelANFAPPapparelCharlotte RusseCHICColdwater CreekCrocsCROXCWTRearningsEBHIEddie BauerfashionfeaturedFitchFOSLFossilJCPJCPenneyJWNK-SwissKCPKenneth ColeKohlsKSSKSWSLIZLiz ClaiborneMacysMarshallsNordstromPolo Ralph LaurenRalph LaurenretailRLT.J. MaxxTJXUrban OutfittersURBNWal-MartWMTSun, 09 Nov 2008 12:30:00 EST<![CDATA[Skechers makes a bid for Heelys]]>http://www.bloggingstocks.com/2008/08/14/skechers-makes-a-bid-for-heelys/http://www.bloggingstocks.com/2008/08/14/skechers-makes-a-bid-for-heelys/http://www.bloggingstocks.com/2008/08/14/skechers-makes-a-bid-for-heelys/#commentsFiled under: ,

Heelys (NASDAQ: HLYS) has looked interesting to me for the past few months. Sure, it's a fad product that's way past its prime but look at the balance sheet: the stock is trading very close to its book value and has $96 million in cash on the balance sheet, compared with a market cap of just over $130 million. The company also has no debt.

Apparently Skechers (NASDAQ: SKX) sees some value here too. In a press release issued after the close of the market yesterday, Skechers announced that, on May 28th of this year, it had made a formal proposal to acquire Heelys. The proposal was rejected without being disclosed to shareholders, and now Skechers is taking the battle to the streets, offering to acquire the entire company for $5.25 per share, a premium of just 8.2% to Tuesday's closing price.

Shares of Heelys traded up to $5.35 after-hours, indicating that investors anticipate that Skechers -- or someone else -- may come through with a more compelling offer.

From a corporate governance and transparency perspective, I think it's disappointing that Heelys didn't disclose the original offer to its shareholders. But given the state of the economy, and its beaten down share price, Heelys can probably make a strong case for staying the course as a stand-alone company, at least for now. If Skechers really wants Heelys, it will up the offer -- the company has to realize that a premium of 8.2% is just not very compelling.

Given the interest in Heelys, you also have to wonder whether fellow fallen angel of footwear fads Crocs (NASDAQ: CROX) could also end up in play soon.

Skechers makes a bid for Heelys originally appeared on BloggingStocks on Thu, 14 Aug 2008 09:26:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>croxfeaturedfootwearfootwear stocksFootwearStocksHeelysHLYSinthenewsSkechersSKXThu, 14 Aug 2008 09:26:00 EST<![CDATA[Crocs announces... absolutely nothing!]]>http://www.bloggingstocks.com/2008/07/28/crocs-announces-absolutely-nothing/http://www.bloggingstocks.com/2008/07/28/crocs-announces-absolutely-nothing/http://www.bloggingstocks.com/2008/07/28/crocs-announces-absolutely-nothing/#commentsFiled under: ,

Shares of Crocs, Inc. (NASDAQ: CROX) have been in free fall since the end of November, when the stock hit an all-time high of $75.21.

After a guidance cut that sent the stock down about 50% last week, Crocs management are searching desperately for whatever it takes to get the stock to do something other than go down. Today's answer is a classic example of a garbage press release: Crocs, Inc. Announces New Retail Channel Strategy at World Shoe Association Trade Show in Las Vegas.

Crocs announced a "new retail channel strategy. . . designed to elevate the Crocs brand, create more cohesive product alignment for its retail partners and pave the way for its popular, comfortable shoes to be easily available in the wide variety of retail environments where its core customers shop."

What exactly does that entail? Crocs doesn't really elaborate. Maybe it has something to do with trying to get the products out of Costco Wholesale Corporation (NASDAQ: COST). The other part of the press release is the announcement of some new footwear styles -- upmarket Crocs priced anywhere from $54.99 to $69.99 for "a high performance boating shoe that combines Crocs lock [TM] H2O pods for advanced wet traction and the Crocs Exo-Frame that wraps the foot with a protective Croslite [TM] material shell for a supportive fit."

Guess investors aren't too excited: the stock is down nearly 9% as I write this.

Crocs announces... absolutely nothing! originally appeared on BloggingStocks on Mon, 28 Jul 2008 17:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CrocsCROXinthenewsMon, 28 Jul 2008 17:01:00 EST<![CDATA[Earnings highlights: The Q2 crunch continues]]>http://www.bloggingstocks.com/2008/07/26/earnings-highlights-the-q2-crunch-continues/http://www.bloggingstocks.com/2008/07/26/earnings-highlights-the-q2-crunch-continues/http://www.bloggingstocks.com/2008/07/26/earnings-highlights-the-q2-crunch-continues/#commentsFiled under: , , , , , , , , , , , , , , , , , , ,

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

Continue reading Earnings highlights: The Q2 crunch continues

Earnings highlights: The Q2 crunch continues originally appeared on BloggingStocks on Sat, 26 Jul 2008 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLAmazonAmerican ExpressAMZNAppleAXPBABACBoeingBroadcomCATCaterpillarCMECrocsCROXDDDuPontearningsEricssonfeaturedFordHasbroHersheyHSYISRG Kimberly-ClarkKMBMCDMcDonaldsMerckMRKNew York TimesNYTPEPPepsiCoPFEPfizerRadio ShackRSHSchwabTexas InstrumentsTXNUALUAUAWachoviaWashington MutualWBWMYahooSat, 26 Jul 2008 12:40:00 EST<![CDATA[Closing Bell: The bears wore their Crocs to work]]>http://www.bloggingstocks.com/2008/07/25/closing-bell-the-bears-wore-their-crocs-to-work/http://www.bloggingstocks.com/2008/07/25/closing-bell-the-bears-wore-their-crocs-to-work/http://www.bloggingstocks.com/2008/07/25/closing-bell-the-bears-wore-their-crocs-to-work/#commentsFiled under: , , , , ,

If you were looking for another hard day of profit taking on a summer Friday, the markets escaped the hangman. A barely positive durable goods of big ticket items was enough to send the pessimists to the showers and gave the bulls a little more ammo. Throw in an oil ticker showing a drop of more than $2.00 to almost $123.00 per barrel and that's all that was needed. Look at bond yields and you'll see we gave back almost all of yesterday's move.

Here are today's unofficial closing bell levels:
DJIA 11368.33 (+19.05)
S&P500 1257.65 (+5.11)
NASDAQ 2310.53 (+30.42)
10YR T-NOTE 4.111% (+0.095%)
TOP ANALYST UPGRADES
TOP ANALYST DOWNGRADES
Select Short Sales Data

Arch Coal (NYSE: ACI) tripled earnings posted EPS of $0.78 vs. $0.64 estimates. The stock was up more than 3% in pre-open but was up almost 9% at $55.45 in the final minutes of the day.

Crocs Inc. (NASDAQ: CROX) led the garbage stocks after a very ugly earnings warning last night. It now sees sales for all of 2008 modestly lower than 2007 and is now only targeting a break-even result for 2008. Retailers were noted as keeping inventory re-orders at low levels, which is hard to blame them considering the ugly shoe fad has already started its workdown. Shares were down 44% at $4.99 after shares had already sold of more than 80% from 52-week highs.

Continue reading Closing Bell: The bears wore their Crocs to work

Closing Bell: The bears wore their Crocs to work originally appeared on BloggingStocks on Fri, 25 Jul 2008 16:31:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aciclosing bellClosingBellcroxdalgoogjnprwynnFri, 25 Jul 2008 16:31:00 EST<![CDATA[Options Update: Crocs (CROX), Mechel Steel (MTL), Elan Corp (ELN)]]>http://www.bloggingstocks.com/2008/07/25/options-update-crocs-crox-mechel-steel-mtl-elan-corp-eln/http://www.bloggingstocks.com/2008/07/25/options-update-crocs-crox-mechel-steel-mtl-elan-corp-eln/http://www.bloggingstocks.com/2008/07/25/options-update-crocs-crox-mechel-steel-mtl-elan-corp-eln/#commentsFiled under: ,

Crocs (NASDAQ: CROX) is trading at $5.06 late this morning, well below its close of $8.94. CROX lowered Q2 and 2008 financial guidance. Robert Baird Co lowered its rating to Neutral from Outperform. CROX over all option implied volatility of 91 is above its 26-week average of 84 according to Track Data, suggesting larger price movement.

Mechel Steel (NYSE: MTL) closed at $22.84, and is trading up this morning at $26.40. MTL sold off 38% on July 24 after Russian Prime Minister Vladimir Putin ordered antitrust authorities to investigate selling prices at steel and coal group MTL. MTL August option implied volatility is at 162, October is at 105, above its 26-week average of 66 according to Track Data, suggesting larger price fluctuations.

Elan Corp (NYSE: ELN) closed at $32.34 and, as of 11:15 Friday morning, is trading at $33.43. ELN's & WYE's Bapineuzumab (Alzheimer's treatment) Phase 2 trial results will be presented at the International Conference on Alzheimer's Disease on July 29. ELN August option implied volatility is at 97, October is at 70; above its 26-week average of 69 according to Track Data, suggesting larger price fluctuations.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Crocs (CROX), Mechel Steel (MTL), Elan Corp (ELN) originally appeared on BloggingStocks on Fri, 25 Jul 2008 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CrocsCroxElan CorpElanCorpELNinthenewsMechel SteelMechelSteelMTLoption implied volatilityOptionImpliedVolatilityFri, 25 Jul 2008 12:00:00 EST