Wedbush Remains sidelined on Smith & Wesson (SWHC) Following Solid 4Q Earnings Report
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Wall St. ends week on down note as Apple weighs
June 17, 2016 7:42 AM EDTBy Lewis Krauskopf
(Reuters) - Wall Street ended lower on Friday as Apple dragged down major indexes and investors girded for Britain's vote next week on its European Union membership.
For the week, the three indexes each posted declines of at least 1 percent, with the Nasdaq falling nearly 2 percent.
The possibility that Britain will vote to leave the EU on June 23 has been rattling global markets. U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum.
"I dont think were going to escape this until... More
Craig-Hallum Upgrades Smith & Wesson Holding (SWHC) to Buy
June 17, 2016 7:39 AM EDTCraig-Hallum upgraded Smith & Wesson Holding (NASDAQ: SWHC) from Hold to Buy with a price target of $28.00.
For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.
Shares of Smith & Wesson Holding closed at $21.75 yesterday.
... MoreCowen Raises Rating on Smith & Wesson Holding (SWHC) to 'Outperform' Following Strong Results and Guidance
June 17, 2016 6:53 AM EDTCowen upgraded Smith & Wesson Holding (NASDAQ: SWHC) from Market Perform to Outperform with a price target of $28. The change follows strong Q4 results and guidance. Analyst Cai von Rumohr said FY17 guidance looks conservative.
"While retail gun sales slowed in May, FY17 guide looks conservative, cash deployment & the Army handgun competition are uppers and SWHC's proven ability to... More
Stocks with Implied Volatility Movement
June 17, 2016 6:28 AM EDTMarvell (NASDAQ: MRVL), Deutsche Bank (NYSE: DB) implied volatility is above its IV index mean
Macys (M), Wal-Mart (NYSE: WMT) implied volatility is below its IV index mean
Barclays (NYSE:... More
After-Hours Stock Movers 06/16: (RDEN) (PRTK) (FNSR) (SWHC) Higher; (RARE) (ERIC) Lower (more...)
June 16, 2016 6:08 PM EDTToday's After-Hours Movers
Elizabeth Arden, Inc. (Nasdaq: RDEN) 49.9% HIGHER; Revlon, Inc. (NYSE: REV) and Elizabeth Arden, Inc. (Nasdaq: RDEN) announced that they have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for Elizabeth Arden of approximately $870 million.
Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) 26.8% HIGHER; announces that the Phase 3 registration study... More
Smith & Wesson (SWHC) Tops Q4 EPS by 12c, Guidance Tops Views
June 16, 2016 4:08 PM EDTSmith & Wesson (NASDAQ: SWHC) reported Q4 EPS of $0.66, $0.12 better than the analyst estimate of $0.54. Revenue for the quarter came in at $221.1 million versus the consensus estimate of $214.55 million.
GUIDANCE:
Smith & Wesson sees Q1 2017 EPS of $0.49-$0.53, versus the consensus of... More
U.S. gun shares extend gains after strong Smith & Wesson earnings
June 16, 2016 3:36 PM EDTBy Noel Randewich
SAN FRANCISCO (Reuters) - Shares of firearm makers surged on Thursday after a strong quarterly report from Smith & Wesson Holding Corp (NASDAQ: SWHC), adding to gains this week after a shooting at a gay nightclub in Florida in which 49 people were killed.
In a stock market reaction that has become familiar after mass shootings, shares of Smith & Wesson and rival Sturm Ruger & Co (NYSE: RGR) spiked as much as 11 percent on Monday.
High profile shootings such as the one... More
Options expected movement into quarterly results and outlook
June 16, 2016 3:24 PM EDTSmith & Wesson (NASDAQ: SWHC) June 22 straddle priced for 8.3% movement into Q4
Oracle (NASDAQ: ORCL) June 39 straddle priced for 4.5% movement into Q4
Options expected movement into quarterly results and outlook
June 15, 2016 3:41 PM EDTJabil Circuit (NYSE: JBL) June 19 straddle priced for 8% movement into Q3
Kroger (NYSE: KR) June 36 straddle priced for 5.8% movement into Q1
Smith & Wesson (NASDAQ: SWHC) June 22 straddle priced for 8.3% movement into Q4
Oracle (NASDAQ: ORCL) June 39 straddle priced for 4.5% movement into Q4
Sig Sauer, maker of Orlando gunman's weapon, is expanding rapidly in U.S.
June 15, 2016 3:35 PM EDTBy Tim McLaughlin
BOSTON (Reuters) - Sig Sauer Inc, maker of the semi-automatic rifle believed to have been used in the Orlando shooting rampage, has been growing rapidly in the United States, with plans to sell more silencers and ammunition while vying for a contract to supply several hundred thousand handguns to the U.S. military.
Though not as well known as publicly traded U.S. rivals Smith & Wesson Corp (NASDAQ: SWHC) and Sturm Ruger & Co (NYSE: RGR), privately held Sig Sauer produces firearms used... More
Trading Radar for 6/16: Oracle (ORCL), Rite Aid (RAD), Kroger (KR), Smith & Wesson (SWHC) Report
June 15, 2016 2:31 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
