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US Q3 in brief: G-III Apparel, Shoe Carnival, Caleres, Citi Trends
2015-10-20 16:22:00| Daily apparel & textile news and comment - from just-style.com
In the most recent third-quarter filings from US apparel brands and retailers, G-III Apparel Group and Abercrombie & Fitch recorded higher earnings, while Foot Locker and Shoe Carnival revealed mixed quarters, and Caleres saw its profit rise. Also, Citi Trends returned to profit, while L Brands, Ross Stores, and Perry Ellis lifted their full-year guidance. Guess revealed declining earnings as a result of the stronger US dollar, while Dollar Tree's earnings fell on acquisition costs, and DSW recorded "disappointing" figures.
Tags: apparel
trends
shoe
carnival
Citi: Opportunity Is Knocking On These Three Telecoms
2015-09-02 15:32:22| Telecom - Topix.net
Shares have been highly volatile over the past two weeks, and telecom stocks have recorded losses in the past two trading sessions Citi's Michael Rollins now has Buy ratings for Crown Castle International Corp , Level 3 Communications, Inc. and AT&T Inc. . Rollins recommended to pick stocks that have potential catalysts to create equity value, including restructuring opportunities, revenue momentum and M&A.
Tags: three
opportunity
telecoms
knocking
Citi Ups Kellogg To Buy, Finally - Back On Track'
2015-08-05 23:30:42| Agriculture - Topix.net
Analyst David Driscoll upped his rating on the stock to Buy from Neutral and increased his target price by $14, to $80. He writes that the upgrade comes given his "renewed confidence" in Kellogg's ability to return to a growth trajectory next year and beyond, thanks to incremental cost savings from its newly announced ZBB program and improving revenue trends.
Equinix Slips: Citi Cuts to Hold; Valuation Too High Relative to Tower Cos.
2015-06-03 06:17:42| IT Services - Topix.net
Shares of data center hosting outfit Equinix are down $2.39, or 0.9%, at $267.76, after Citigroup 's Michael Rollins cut his rating on the shares to Neutral from Buy, while maintaining a $276 price target, arguing the valuation has gotten rich relative to competitors such as Digital Realty Trust and CoreSite . The shares are too rich relative to those two, but also relative to tower leasing companies such as American Tower : EQIX shares at 16x our AFFO est.
Tags: high
hold
relative
tower
Citi Trends (CTRN) Set to Announce Quarterly Earnings on Wednesday
2015-05-19 02:46:13| Apparel - Topix.net
Citi Trends will issue its Q115 quarterly earnings data on Wednesday, May 20th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $197.83 million for the quarter.
Tags: set
wednesday
trends
quarterly
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