|Day Low/High||1.84 / 1.98|
|52 Wk Low/High||1.83 / 11.69|
It's Friday the 13th and things aren't always what they seem. Despite premarket trading suggesting a weak start to the day, U.S. indices gain some early-morning momentum to open higher, even with macroeconomic pressures spooking investors.
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, was taking a look at Lands' End's earnings report, as well as Sycamore Partners' investment in Express.
Private equity firm Sycamore Partners has set its sights on New York-based clothing retailer Express.
Stock futures are setting up for another day in the red with downward momentum fueled by macroeconomic pressures and light economic incentive.
Shares of Express (EXPR) are higher in pre-market trade as Sycamore Partners said it's interested in acquiring the troubled clothing retailer company.
U.S. stock futures fall and oil prices surge as insurgents advance toward Baghdad; Intel raises revenue guidance; Tesla to give away its patent portfolio; Univision holds sale talks with CBS, Time Warner, a report says.
The trading panel discussed the fighting in Iraq and how it will affect the price of oil.
Trade-Ideas LLC identified Express (EXPR) as a post-market leader candidate
Here's how to trade some of the most active stocks on the market right now.
Stocks close mixed Friday following weaker-than-expected consumer spending, which accounts for 70% of overall economic activity. A consumer sentiment reading also is weaker. Yet markets are looking to close historically weak May on a high, with the S&P 500 popping nearly 2% over the month.
Express (EXPR) stock is plunging on Friday after the company reported below-consensus earnings in its first quarter and warned of continuing troubles ahead.
Express (EXPR) stock is down in pre-market trading on Friday due to their 2014 first quarter earnings report which showed a decline in net sales and net income.
U.S. stock futures are slipping on Friday as markets digest disappointing home sales data and a negative result for first-quarter GDP released a day earlier. However, even as futures point to slight softness over the session, markets are looking to close May on a high, with the S&P 500 popping nearly 2% over the month.
Express (EXPR) plunged in after-hours trading on Thursday after the fashion retailer reported first-quarter earnings that came up short of analysts' expectations.
These companies are reporting earnings today and tomorrow. Here are some trading guidelines for their stocks.
Investors in Express, Inc. saw new options begin trading this week, for the June 21st expiration.
Cramer likes Organovo Holdings, Vodafone and Primerica but he'd take profits in Exact Sciences.
Once the hedge fund managers realized there was no bad news coming from Russia or China, they started buying U.S. stocks, Cramer says.
Which companies are doing well on the earnings front? Williams-Sonoma and Foot Locker.
UBS downgraded Express (EXPR) to "neutral" from "buy" and set a $17 target price. The firm noted the company's underwhelming guidance with questionable execution and brand relevancy.
Major U.S. stock averages close mixed on Wednesday, while Herbalife tumbles after the Federal Trade Commission opens a probe on the company.
The Street's Jim Cramer says Express (EXPR) has value despite its poor guidance, McDonald's (MCD) is a "buy" at less than $100 and Sprint (S) needs a deal with T-Mobile (TMUS).
Shares of Express (EXPR) are tumbling Wednesday following fourth-quarter results that missed analysts' estimates and a poor guidance.
Jim Cramer says McDonald's is a 'buy' under $100, and if Sprint is able to finalize a deal with T-Mobile, shares of Sprint could go to $12.
Ann, Aeropostale, Hibbett Sports, ULTA Salon and Williams-Sonoma also report earnings tomorrow through Friday.
Express (NYSE:EXPR) has been downgraded by TheStreet Ratings from from a buy to hold.
Upgrades: BBW, CMSB, COR, CRME, DLR, EXC, EXL, MSON, NCIT, O, OWW, PKE, PRCP, ROVI, STS, WRI Downgrades: AEM, APA, BAK, CIX, DLLR, EXPR, KOP, LPX, PZZI, SKYW Initiations: RKUS Read on to get TheStreet Quant Ratings' detailed report:
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