Thursday Market Movers: J.C. Penney Company, Inc. (NYSE:JCP), Mylan (NASDAQ:MYL)

Shares of J.C. Penney Company, Inc. (NYSE:JCP) have soared almost 27% in pre-market trade to $7.55 after the company reported Q4 results during yesterday’s after-hours session that topped analyst expectations. JCP reported earnings per share losses of $0.68 for the quarter, compared to analyst forecasts of losses of $0.76 per share. The retailer also reported Q4 net income of $35 million, or $0.11 per share, … Continue reading Thursday Market Movers: J.C. Penney Company, Inc. (NYSE:JCP), Mylan (NASDAQ:MYL)

Stocks Alert: PLUG, CCO.TO, CCJ, OIIM

Plug Power (NASDAQ: PLUG): Stock is up between 3.93 and a high of 4.65 in pre-bell trade. Upside momentum has been steady in the 3.93 to 4.31 area, levels where longs may want to watch for a possible near-term floor support to form. Denison Mines Corp. (NYSEMKT: DML.TO, DNN) is up 4% in pre-market trade on Wednesday as it provided an update on uranium exploration … Continue reading Stocks Alert: PLUG, CCO.TO, CCJ, OIIM

Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter

Zulily (NASDAQ:ZU) needed to deliver upside to consensus projections in the fourth quarter, and the magnitude of the top- and bottom-line beat was more than adequate.. The doubling of the active customer base year-to-year is encouraging, and the leverage on marketing spending highlights that there is still significant untapped demand. Flow-through to profitability on higher revenues was exceptional; adjusted EBITDA were double consensus estimates. The … Continue reading Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter

Nordstrom, Inc. Earnings Preview

We expect Nordstrom to report a relatively in-line quarter compared with the Street consensus of $1.34 as well as implied guidance of $1.30-$1.35. Overall, we project 1% total sales growth, to $3.7 billion. We project gross margin, including the impact of Fashion Rewards, to decline 35 basis points, and SG&A deleverage of 40 basis points given the softer top line and continued investment. Nordstrom is … Continue reading Nordstrom, Inc. Earnings Preview

LivePerson, Inc. 3Q Results Make the Grade; Getting Nearer to the Turn

Last night, LivePerson Inc., (LPSN) reported stronger than expected 3Q earnings, beating our and the Street’s estimates for bookings, total revenue and non-GAAP EPS. For the next quarter and 2013, management is guiding largely in line with the consensus, though it is tightening the full year ranges for revenue and EPS. Though the company reported respectable results and valuation is reasonable (2.1x EV/2014E Revenue), we … Continue reading LivePerson, Inc. 3Q Results Make the Grade; Getting Nearer to the Turn

British American Tobacco Reports Continued Growth Behind Strength of Vype

As reported by StreetWise Tech, British American Tobacco’s Interim Management Statement for the nine months ended Sept. 30 shows that the group’s Global Drive Brands continue to perform well and that the firm’s newly launched eCig brand, Vype, is off to an encouraging start. We continue to believe that the firm’s wide economic moat is bolstered by its popular brands, global reach, and addictive product … Continue reading British American Tobacco Reports Continued Growth Behind Strength of Vype