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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 2:25pm | 625Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting. BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...
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Is Nike A Victim Of Its Own Success?
Friday, March 22, 2019 - 2:54pm | 813Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...
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Target Falls After Q3 Print: Should Investors Buy The Dip?
Wednesday, November 21, 2018 - 3:11pm | 662Target Corporation (NYSE: TGT) reported Tuesday with third-quarter results that disappointed investors and sent the stock tumbling. Now that shares are on track for their roughest patch since the financial crisis, should investors be concerned about more downside ahead or buy the dip...
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Analysts Cautious On Kohl's Despite Marketing, Holiday Push
Wednesday, November 21, 2018 - 12:15pm | 593Kohl’s Corporation (NYSE: KSS)’s Monday earnings beat had little effect on the stock, and analysts are weighing whether the retailer merits a price bump or a plunge. The Analysts Edward Jones analyst Brian Yarbrough maintained a Hold rating on Kohl's with a $71 price target....
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Analysts React To Target's Q2: 'This Is As Good As It Is Going To Get'
Wednesday, August 22, 2018 - 11:36am | 567Retailer Target Corporation (NYSE: TGT) reported a top-and-bottom-line second-quarter earnings beat Wednesday morning. Here's a roundup of some of the Street's initial commentary. The Analysts Edward Jones' Brian Yarbrough maintained a Hold rating on Target with an...
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Edward Jones Analyst On Kraft-Heinz Merger: 'A Cost Savings Story'
Wednesday, March 25, 2015 - 3:20pm | 305Speaking to Benzinga, Edward Jones Analyst Brian Yarbrough discussed the Kraft Foods Group Inc (NASDAQ: KRFT) merger with H. J. Heinz Company. Yarbrough felt that a food industry merger was expected following the acquisition of H. J. Heinz Company by Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...
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Dollar General Opens Sharply Lower; Deal Seen As Less Likely
Monday, June 30, 2014 - 10:15am | 197Dollar General (NYSE: DG) opened sharply lower Monday as analysts suggested a quick merger is unlikely. Dollar General said Friday that Chief Executive Rick Dreiling will retire by May 2015, and Wall Street figures that means nothing will happen soon regarding a hyped merger with Family Dollar...
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Will Publix Try To Acquire Whole Foods?
Tuesday, June 10, 2014 - 12:23pm | 586A strange, but persistent rumor began last week that privately held Publix Super Markets plans to acquire publicly traded Whole Foods (NASDAQ: WFM). The rumor arose from a report on financial website, Briefing.com, that described “chatter” suggesting Publix was interested in buying...
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Kraft Ends 2013 With Mixed Results, But Investors Are Buying It Anyway
Thursday, February 13, 2014 - 6:01pm | 680Kraft Foods Group (NASDAQ: KRFT) won't reach a new high tonight, but the company is up slightly after reporting its fourth quarter results. The packaged foods manufacturer is one of many within the industry that has struggled to deal with an overall decline in consumer spending. "Things are...
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Sprouts Farmers Market More Than Doubles On First Day (SFM)
Friday, August 2, 2013 - 9:23am | 596The stock market apparently likes the food market. At least the Sprouts Farmers Market (NASDAQ: SFM) segment, which doubled and then some Thursday during its first day of trading, according to The Wall Street Journal. Sprouts' share price jumped 123 percent to close at $40.11 after entering...