Mizuho Securities Cuts Price Target on Abercrombie & Fitch (ANF) to $15

UBS Cuts Price Target on Abercrombie & Fitch (ANF) Following 3Q Miss

UBS maintained a Neutral rating on Abercrombie & Fitch (NYSE: ANF), and cut the price target to $15.00 (from $18.00), following the company's 3Q earnings report. ANF reported EPS of $0.02, significantly below the Street's $0.21 estimate. Flagship and tourist locations remain challenged at A&F, with international... More

FBR Capital Reiterates Underperform on Abercrombie & Fitch (ANF) Following 3Q

FBR Capital reiterated an Underperform rating and $14.00 price target on Abercrombie & Fitch (NYSE: ANF) following the company 3Q earnings report. Net sales were down 6% over last year, and comps were down 6% for 3Q. Operating income for 3Q was $19.6M compared to $41M last year. Weakness in the U.S. was... More

Unusual 11 Mid-Day Movers 11/18: (EYEG) (SYUT) (DCIX) Higher; (SHIP) (GSL) (RLOG) Lower

Seanergy Maritime Holdings Corp. (Nasdaq: SHIP) 26.3% LOWER; announced that it has entered into a Securities Purchase Agreement with unaffiliated third party institutional investors, pursuant to which the Company will sell 1,305,000 shares of common stock at a purchase price of $2.75 per share for gross proceeds of $3.6 million in a registered direct offering.

Global Ship Lease (NYSE: GSL) 23.2% LOWER; paring back following recent gains.

EyeGate Pharmaceuticals, Inc. (Nasdaq: EYEG) 19.4%... More

Pre-Open Stock Movers 11/18: (SYUT) (HRG) (MRVL) Higher; (ANF) (KTOS) (GPS) Lower (more...)

Today's Pre-Open Stock Movers

Synutra International, Inc. (Nasdaq: SYUT) 20% HIGHER; to be Acquired for $6.05/Share in 'Going Private' Transaction.

Abercrombie & Fitch (NYSE: ANF) 11.4% LOWER; reported Q3 EPS... More

Abercrombie, Gap forecasts signal tough holiday quarter for retailers

By Gayathree Ganesan

(Reuters) - Bleak fourth-quarter sales forecast from Abercrombie & Fitch Co (NYSE: ANF) and Gap Inc (NYSE: GPS) raised fresh concerns that apparel retailers were in for another tough holiday season as fewer shoppers visit malls and continue to spend less on clothes.

Shares of Abercrombie, which reported a much steeper-than- expected 6 percent decline in same-store sales, fell as much as 14.35 percent on Friday.

Gap's shares fell 15.14 percent. Gap on Thursday said same-store sales fell 3 percent.

Both companies have been closing... More

Wall Street slips, led by healthcare decline

By Sinead Carew

NEW YORK (Reuters) - U.S. stocks ended lower on Friday, with healthcare stocks leading the declines, as investors cashed in on a post-election rally and waited for clarity on the next administration's policies.

Wall Street equities took a breather after rising dramatically since Donald Trump's surprise victory in the presidential election last week.

While the three major indexes closed higher for the second week in a row, the rally lost some steam this week as investors awaited more information to support their bets that Trump could succeed in passing proposals to lift... More

Abercrombie & Fitch (ANF) Misses Q3 EPS by 19c; Comps Fell 6%

Abercrombie & Fitch (NYSE: ANF) reported Q3 EPS of $0.02, $0.19 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $821.7 million versus the consensus estimate of $830.6 million. Comparable sales for the third quarter down 6%.

"As expected, our third quarter was challenging. While Hollister improved sequentially, it was more than offset by disappointing performance in A&F. On a total company basis, conversion trends remained positive across both channels and the direct-to-consumer business grew domestically and internationally. In addition, we remained disciplined as expense and inventory were well... More

Stocks with Implied Volatility Movement

Abercrombie & Fitch (NYSE: ANF) implied volatility has had increased movement

Abercrombie & Fitch (ANF) November volatility elevated at 278 into Q3 and holiday outlook

Abercrombie & Fitch (NYSE: ANF) November call option implied volatility is at 278, December is at 104; compared to its 52-week range of 33 to 74 into Q3.

Trading Radar for 11/18: Foot Locker (FL), Abercrombie & Fitch (ANF), Hibbett Sports (HIBB) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

Abercrombie & Fitch (NYSE: ANF) - consensus EPS $0.21
Destination XL Group (Nasdaq: DXLG) - consensus... More

Abercrombie & Fitch (ANF) Declares $0.20 Quarterly Dividend; 4.9% Yield

Abercrombie & Fitch (NYSE: ANF) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on December 12, 2016, to stockholders of record on December 2, 2016, with an ex-dividend date of November 30, 2016.

The annual yield on the dividend is 4.9 percent.

For a... More