Stifel Reiterates Buy on Estée Lauder (EL) Following 4Q EPS Beat

Jefferies Cuts Price Target on Estée Lauder (EL) to $95 Following 4Q and Guidance

August 22, 2016 7:48 AM EDT

Jefferies maintained a Hold rating on Estée Lauder (NYSE: EL), and cut the price target to $95.00 (from $98.00), following the company's 4Q earnings report. EL's +7% FX neut. sales growth came in below Street's +8%. EPS of $0.43 topped $0.40 consensus and the company's implied $0.32-$0.37 guidance.... More

Pre-Open Stock Movers 8/19: (NWY) (GEO) (CXW) Higher; (HIBB) (EMR) (AKS) Lower

August 19, 2016 9:14 AM EDT

New York & Co. (NYSE: NWY) 13.2% HIGHER; reported Q2 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $232.8 million versus the consensus estimate of $226.92 million. Net sales and comparable store sales are expected to be flat to up in the low single-digit range.

The GEO Group, Inc. (NYSE: GEO) 9.0% HIGHER; announced that the Federal Bureau of Prisons (the BOP) has extended its contract for the company-owned D. Ray James Correctional Facility (the Facility) for a renewal term through September 30, 2018 under... More

Wall St. dips as investors assess rate outlook

August 19, 2016 7:40 AM EDT

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest rate increase in the coming months.

Energy shares also weighed on the market, even though U.S. crude oil prices settled higher.

The S&P utility index , which tends to fall as investor rate hike expectations rise, ended down 1.2 percent. The telecommunications index , also sensitive to changes in interest rates, fell 0.9 percent.

San Francisco Federal Reserve Bank President John Williams late on... More

Estée Lauder (EL) Tops Q4 EPS by 3c; Guides Q1, FY17 EPS Below Views

August 19, 2016 6:47 AM EDT

Estée Lauder (NYSE: EL) reported Q4 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.66 billion.

GUIDANCE:

Estée Lauder sees Q1 2017 EPS of $0.73-$0.77, versus... More

Estée Lauder (EL) Declares $0.30 Quarterly Dividend; 1.3% Yield

August 19, 2016 6:32 AM EDT

Estée Lauder (NYSE: EL) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.

The dividend will be payable on September 15, 2016, to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016.

The annual yield on the dividend is 1.3... More

Estee Lauder (EL) put volume and volatility increases into Q4 and outlook

August 18, 2016 3:28 PM EDT

Estée Lauder (NYSE: EL) August call option implied volatility is at 103, September is at 27; compared to its 52-week range of 17 to 38 into the expected release of Q4 results on August 19. Call put ratio is 1 call to 2 puts.

... More

Trading Radar for 8/19: Deere (DE), Foot Locker (FL), Agria (GRO), The Buckle (BKE) Report

August 18, 2016 2:23 PM EDT

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

Before Markets Open:
Earnings:

Agria Corporation (NYSE: GRO) - no Street consensus
Cheetah Mobile (NYSE: CMCM) -... More