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Nike's Guidance Remains Aggressive Relative To Futures Orders
Wednesday, December 21, 2016 - 8:38am | 319Read More...Nike Inc (NYSE: NKE) reported its Q2 2017 results, with the EPS ahead of the estimate and consensus, driven by increased sales. B. Riley’s Mitch Kummetz reiterated a Neutral rating on the company, with a price target of $56. Nike reported its Q2 2017 EPS at ahead of expectations at $0....
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How The Street Reacted To A Miss And Guidance Cut From Hibbett Sports
Monday, November 21, 2016 - 4:23pm | 410Read More...Hibbett Sports, Inc. (NASDAQ: HIBB) reported lower-than-expected quarterly earnings and slashed its FY 2017 EPS guidance on slower-than-expected sales of higher margin seasonal products. Hibbett reported third-quarter EPS of $0.66, well below consensus expectations for $0.74, on soft comp...
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The Most Important Question Heading Into Regal Entertainment's Q3 Report
Monday, October 24, 2016 - 3:41pm | 238Read More...B. Riley expects Regal Entertainment Group's (NYSE: RGC) earnings in line with consensus amid double-digit box office gains. The company is set to report its third quarter financial results on October 27. Analyst Eric Wold expects earnings of $0.26 a share on revenue of $804.9 million....
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Analysts Largely Bullish On Nike Ahead Of Q1 Earnings
Monday, September 26, 2016 - 3:16pm | 415Read More...Ahead of the earnings announcement from Nike Inc (NYSE: NKE) on Tuesday, most of the brokerages remain bullish regarding the company's results. Similarly, nearly every analyst who has issued a recent analysis has reiterated their rating on the company's stock. During mid-day trading Monday,...
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Dismal 'Blair Witch' Opening Could Put A Scare Into Lions Gate Investors
Monday, September 19, 2016 - 3:29pm | 278Read More...B. Riley says the disappointing box office performance of "Blair Witch" could pressure the brokerage/consensus second quarter estimates of Lions Gate Entertainment Corp. (USA) (NYSE: LGF). However, B. Riley maintained its Buy rating on the stock as it remains bullish on the company'...
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A Peek Into The Markets: U.S. Stock Futures Edge Lower; All Eyes On Yellen's Speech
Friday, August 26, 2016 - 7:51am | 528Read More...Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade, ahead of Janet Yellen speech. The second estimate for Q2 GDP and data on U.S. international trade in goods for July will be released at 8:30 a.m. ET. The services PMI for August will be released at 9:45...
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Former Dreamworks Shareholders Might Look To Lions Gate Shares As A Replacement Position
Wednesday, August 24, 2016 - 3:46pm | 343Read More...DreamWorks Animation and NBCUniversal, a division of Comcast Corporation (NASDAQ: CMCSA), announced their intent to merge in April and the deal was officially completed on Monday. DreamWorks shareholders will receive $41 in cash for each share owned and investors who are bullish on the studio...
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A Peek Into The Markets: U.S. Stock Futures Rise Ahead Of Empire State Manufacturing Index
Monday, August 15, 2016 - 7:58am | 487Read More...Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Empire State manufacturing index for August is schedule for release at 8:30 a.m. ET, while the National Association of Home Builders’ housing market index for August will be released at 10:00 a.m. ET...
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Is AMC Even More Likely To Walk Away From Carmike Now?
Friday, July 1, 2016 - 12:58pm | 317Read More...B. Riley reported Thursday the postponement of shareholders' vote (on proposed $30 per share acquisition) until 7/15 by Carmike Cinemas, Inc. (NASDAQ: CKEC) increases the risks of AMC Entertainment Holdings Inc (NYSE: AMC) walking away. According to the analysts, this was not a surprise,...
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West Marine Downgraded By B. Riley
Tuesday, June 21, 2016 - 4:19pm | 117Read More...West Marine Inc (NASDAQ: WMAR), a specialty retailer of boating supplies, gear and other water life-related products, suffered a downgrade from Buy to Neutral by B. Riley analysts Tuesday. Channel checks are indicating soft East Coast usage trends, according to the investment banker’s...
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A Preview Of Methode Electronics Q4 Earnings
Tuesday, June 21, 2016 - 4:15pm | 126Read More...Investors were given a glimpse by B. Riley researchers into what to expect from Methode Electronics, Inc (NYSE: MEI)'s fourth quarter earnings to be released Thursday before the bell. B. Riley expects a quarter that was in line with consensus estimates, but cautioned guidance for fiscal...
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B. Riley Initiates Coverage On HC2 Holdings, Sees Nearly 100% Upside
Tuesday, June 21, 2016 - 4:13pm | 100Read More...B. Riley analysts initiated coverage on HC2 Holdings Inc (NYSE: HCHC) Tuesday with a Buy rating and an $8.50 price target. Highlighting the company's value oriented philosophy, B. Riley commended HC2’s experienced management and said the market value at present is disconnected from a...
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Skyworks Executive Transition 'Absolutely No Surprise'
Monday, May 16, 2016 - 11:21am | 265Read More...On May 12, Skyworks Solutions Inc (NASDAQ: SWKS) announced that Liam Griffin would move from being President to being the CEO of the company, while David Aldrich would go from CEO to Executive Chairman. B. Riley’s Craig A. Ellis maintained a Buy rating on the company, with a price target...
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The Real Reasons For Akamai's Gargantuan Move? Buybacks And Insider Buys
Wednesday, February 10, 2016 - 11:40am | 190Read More...B. Riley upgraded Akamai Technologies, Inc. (NASDAQ: AKAM) from Neutral to Buy on Wednesday morning amid an earnings and sales beat. On Tuesday night, the company reported fourth quarter earnings 10 cents above estimates and revenue a little over $10 million above consensus. Amid a slew of...
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Early Analyst Thoughts On JC Penney's Belle + Skye Launch
Wednesday, February 10, 2016 - 8:45am | 237Read More...J C Penney Company Inc (NYSE: JCP) shares have gained 3 percent since January 11, amid significant volatility. B. Riley’s Jeff Van Sinderen maintained a Buy rating for the company and a price target of $12.50. These programs should boost traffic, comps and EBITDA, Sinderen stated...
