Aeropostale (ARO) Numbers Slashed at Jefferies Post Q3; a Work in Progress

Aeropostale (ARO) Numbers Cut at Mizuho Amid Weak Outlook, November Start

December 3, 2015 8:17 AM EST

Mizuho Securities maintained a Neutral rating on Aeropostale, Inc. (NYSE: ARO), and cut the price target to $0.65 (from $1.50), following the company's 3Q earnings report. Similar to other retailers, ARO noted a deceleration in early November that resulted in LDD comps. While Black Friday saw... More

After-Hours Stock Movers 12/02: (PSUN) (NWY) (FVE) (AVGO) Higher; (VRNT) (VNEM) (P) Lower (more...)

December 2, 2015 6:12 PM EST

(Updated - December 2, 2015 6:13 PM EST)

PacSun (NASDAQ: PSUN) 55.3% HIGHER; reported Q3 EPS of ($0.05), versus ($0.03) reported last year. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $197.97 million.

New York & Co. (NYSE: NWY) 15% HIGHER; reported Q3 EPS of ($0.05), $0.04 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $219.8 million versus the consensus estimate of $217.18 million.

Verint Systems (NASDAQ: VRNT) 10.4% LOWER;... More

Market Wrap: Yellen Looks Forward to Rate Hike; Oil Back Below $40/bbl; Private Payroll Gains Outpaced in Nov.

December 2, 2015 5:24 PM EST

Market wrap for December 2nd

End of the Day: S&P 500 down 23.1 to 2,079.51; Dow Jones down 158.7 to 17,729.68; Nasdaq down 33.1 to 5,123.22

Market Brief: Federal Reserve Chair Janet Yellen said she was looking forward to a U.S. rate hike, according to her speech at the Economic Club of Washington, Washington, D.C., today. For more color,... More

Aeropostale (ARO) Tops Q3 EPS by 1c; Sees Q4 Loss

December 2, 2015 4:16 PM EST

Aeropostale (NYSE: ARO) reported Q3 EPS of ($0.33), $0.01 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $363.3 million versus the consensus estimate of $392.67 million.

Comparable sales, including the e-commerce channel, for the third quarter decreased 10% compared to the third quarter of... More

American Eagle says holiday season sales off to strong start

December 2, 2015 4:08 PM EST

By Subrat Patnaik

(Reuters) - Teen apparel retailer American Eagle Outfitters Inc (NYSE: AEO) said its holiday season sales were off to a "solid start" and named Jay Schottenstein, who was heading the company on an interim basis, as its permanent chief executive.

The company said on Wednesday it expected same-stores sales to grow in the mid-single digits in the holiday quarter, compared with flat growth last year.

Analysts polled by research firm Consensus Metrix are expecting 3.9 percent growth for American Eagle's fourth quarter.

"The... More

Trading Radar for 12/2: PVH Corp. (PVH), Box (BOX), Violin Memory (VMEM), Yingli Green Energy (YGE) Report

December 1, 2015 2:45 PM EST

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

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

8:15am EST

ADP Employment Change - Street sees 185k

8:30am EST

Productivity: Revised - Street sees... More