Janney Capital Raised Price Target on PVH Corp. (PVH) Following Q1

Piper Jaffray Remains Bullish on PVH Corp. (PVH) as QTD Trends Improve

Piper Jaffray maintains an Overweight rating and $130 price target on PVH Corp (NYSE: PVH) following the company's beat and raise Q1. Analyst Erinn Murphy said that if current business momentum continues as it is, the Q2 guidance will likely prove to be... More

Market Wrap: Factory Orders Lag in April; Macy's Pressed on Real Estate Options; U.S. Auto Sales Outpace in May

Market wrap for June 2nd

End of the Day: S&P 500 down 2.1 to 2,109.60; Dow Jones down 28.4 to 18,011.94; Nasdaq down 6.4 to 5,076.52

Market Brief: Markets wavered in positive and negative territory today as markets kept eyes towards Greece and a possible solution being reached with its creditors.

Factory orders fell more than expected in April.

U.S. auto sales outpaced last month, while the Big Three also topped expectations.

Crude oil prices rose 1.8 percent and gold popped 0.5 percent higher to $1,194.10 per... More

Pre-Open Stock Movers 06/02: (AVEO) (VICL) (TA) Higher; (SOL) (TUBE) (RGLS) Lower (more...)

AVEO Pharmaceuticals (NASDAQ: AVEO) 17% HIGHER; sees continued upside after partner Biodesix received positive coverage from Cigna for its VeriStrat

Clean Diesel Technologies, Inc. (Nasdaq: CDTI)... More

Piper Jaffray Remains Bullish Following PVH Corp. (PVH) Q1 Results

Piper Jaffray maintains an Overweight rating and $130.00 price target on PVH Corp (NYSE: PVH) following its Q1 earnings results. EPS came in at $1.50 vs. $1.37 estimates. Overall, sales were $1,879M vs. $1,894M estimate.

Analyst Erinn Murphy commented, "We are maintaining our OW rating on PVH following the company's Q1 release in which EPS came in at $1.50 vs. our $1.37 Better-than-expected EBIT anchored by SG&A improvements drove $0.12 of the beat relative to our estimate. During Q1, Europe outperformed the U.S. with CK int'l... More

After-Hours Stock Movers 06/01: (PVH) (MTW) Higher; (ODFL) (NTAP) (MYL) Lower (more...)

PVH Corp. (NYSE: PVH) 3.7% HIGHER; reported Q1 EPS of $1.50, $0.12 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion. PVH Corp. sees FY2015 EPS of $6.85 - $6.95, versus the consensus of $6.86. PVH sees Q2 EPS of $1.25 - $1.30, with the Street at $1.43.

The Manitowoc Company (NYSE: MTW) 2.8% HIGHER; In a 13D filing hedge fund Glenview Capital disclosed a 7.06%, or 9,614,197 share,... More

Market Wrap: Intel, Altera Make it Official; Personal Spending Flatlines in April; ASCO Presentations in Focus

Market wrap for June 1st

End of the Day: S&P 500 up 4.3 to 2,111.73; Dow Jones up 29.7 to 18,040.37; Nasdaq up 12.9 to 5,082.93

Market Brief: U.S. markets rose Monday on light trading as investor keep an eye on Europe and more clarity surrounding the Fed's eventual move to raise rates.

Intel and Altera formally announced entering a merger agreement as speculation intensified in recent weeks.

Personal income outpaced views, while personal spending was less than expected in April.

Lots of ASCO... More

UPDATE: PVH Corp. (PVH) Tops Q1 EPS by 12c; Boosts FY15 EPS Outlook

(Updated - June 1, 2015 4:10 PM EDT)

PVH Corp. (NYSE: PVH) reported Q1 EPS of $1.50, $0.12 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion.

The Companys Board of Directors has authorized a $500 million three-year stock repurchase program. Stock repurchases under this program may be made from time to time over the period through open market purchases, accelerated share repurchase programs, privately negotiated transactions or other methods, as the Company deems appropriate. Purchases would be made based on a variety of factors, such as... More