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Las Vegas Sands' China Woes
Tuesday, October 14, 2014 - 4:01pm | 734Read More...When trouble rears its ugly head in the financial world, China frequently becomes part of the conversation. Las Vegas Sands Corp. (NYSE: LVS) knows this all too well. Macau As a leader in both gaming and lodging, much of the company’s revenue has come from Macau, China. As Zack...
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UPDATE: Sterne Agee Initiates Coverage On Yelp On Long-Term Prospects
Friday, October 10, 2014 - 7:25am | 184Read More...Sterne Agee initiated coverage of Yelp, Inc. (NYSE: YELP) in a report issued Thursday with a Buy rating and $85 price target. Analysts Arvind Bhatia and Brett Strauser were “bullish on Yelp’s longer-term prospects and its positioning vis-à-vis many of its competitors....
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Coach Hits Year-Low; Analysts Skeptical Of Restructuring Plan
Friday, June 20, 2014 - 12:07pm | 383Read More...Coach's (NYSE: COH) plan to shut 20 percent of its stores and upgrade the rest received uniformly dour reviews on Wall Street, as shares hit a low for the year on Friday. Coach on Thursday unveiled related restructuring charges of up to $300 million and said same-store sales were likely to...
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Sterne Agee Getting Bullish On J.C. Penney
Wednesday, March 12, 2014 - 10:43am | 119Read More...On Wednesday, Sterne Agee released a bullish note on J.C. Penney (NYSE: JCP) after walking some New York and New Jersey stores. Analyst Charles Grom's “eye test” indicates that traffic levels have been “modestly improving,” but sees “no significant inflection yet.” Grom observed that reordering...
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Fresh Market Shares Respond Following Disappointing Q3 Earnings
Friday, November 22, 2013 - 3:33pm | 549Read More...Shares of The Fresh Market (NASDAQ: TFM) respond following disappointing third quarter fiscal 2013 earnings. On Thursday, The Fresh Market reported that net sales increased 13.4 percent to $364.5 million and comparable store sales increased 3.1 percent compared to 3Q12. The company reported third...
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Analysts Weigh In: McDonald's Weak Earnings Report, Challenging Remainder of 2013 (MCD)
Monday, July 22, 2013 - 1:08pm | 786Read More...McDonald's (NYSE: MCD) reported a weak second quarter before the opening bell on Monday. The company was also downbeat on the remainder of the year and shares fell. Second Quarter Highlights For the second quarter ended June 30, McDonald's reported earnings per share of $1.38 vs. the $1.40...
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UPDATE: Sterne Agee Downgrades Beazer Homes on Strategy of Reducing Underperforming Communities
Tuesday, May 21, 2013 - 9:32am | 146Read More...In a report published on Tuesday, Sterne Agee analyst Jay McCanless downgraded Beazer Homes (NYSE: BZH) from Buy to Neutral and maintained a price target of $22.00. In the report, Sterne Agee noted, "Headline Risk Is The Reason We Are Downgrading BZH. We believe BZH management is pursuing a...
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New PT For Skyworks
Wednesday, September 22, 2010 - 10:25am | 45Read More...Sterne Agee has raised the price target for Skyworks (NASDAQ: SWKS) from $20 to $22 and maintains its Buy rating. Click here to get trading ideas that could bring you a 100% return.
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Orders Remain Strong for Badger Metter Inc. Following 2Q10 (BMI)
Friday, July 23, 2010 - 11:17am | 135Read More...Sterne Agee is out with a research note this morning, where it maintains its “buy” rating on shares of Badger Metter Inc. (NYSE: BMI); it has also set a price target of $47.00. BMI reported 2Q10 adjusted EPS of $0.50, which was above consensus ($0.48) and analyst estimates ($0.47). Also, Badger...
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Stern Agee Raises Shoe Carnival (SCVL) Price Target To $27
Friday, March 19, 2010 - 10:44am | 184Read More...Stern Agee analyst Sam Poser maintained his Buy rating for shares of Shoe Carnival, Inc. (Nasdaq: SCVL) and raised the price target to $27. Poser wrote that a solid execution of strategy by Shoe Carnival's management, along with a beneficial product cycle led to significant growth rates for the...
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Stern Agee Initiates Bed Bath & Beyond (BBBY) With Neutral Rating
Friday, March 19, 2010 - 10:24am | 209Read More...Stern Agee analyst Jennifer Milan initiated coverage of Bed Bath & Beyond Inc. (Nasdaq: BBBY) with a Neutral rating. Milan observed that with 1,083 stores Bed Bath & Beyond Inc. is the largest pure-play investment for a home furnishings retailer and has an estimated 15% share of the $49...
