Methode Electronics (NYSE:MEI) said that while they are encouraged by their first-quarter sales, they remain cautious about their business outlook for the next few quarters as the global financial recovery remains tenuous. Shares of Methode are lower by 14.8%.
Collective Brands (NYSE:PSS) said that second quarter 2010 net earnings were $21.1 million, or $0.32 per diluted share, compared to $18.7 million, or $0.29 per diluted share, in the second quarter of 2009, missing analyst expectations.
Collective Brands shares are lower by 8%.
Movado Group (NYSE:MOV) posted an adjusted loss from continuing operations in the second quarter of fiscal 2011 of $1.1 million, or $0.04 per diluted share, compared to adjusted net income from continuing operations of $2.3 million, or $0.09 per diluted share in the second quarter of fiscal 2010.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Launch related slideshow
Friday 2/3 Insider Buying Report: BLK, GBDC
Thursday 2/2 Insider Buying Report: ETFC, LBAI
Thursday 2/2 Insider Buying Report: FII, SBUX
Daily Market Wrap: February 3, 2012
Earnings Wrap: EL, AON
Daily Market Wrap: February 2, 2012
Analyst Moves: APA, NOV
Analyst Moves: RIMM, ANF
Analyst Moves: AKS, CTL
Friday Sector Leaders: General Contractors & Builders, Home Furnishings & Improvement Stocks
Friday Sector Laggards: Precious Metals, Agriculture & Farm Products
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks
Friday's ETF with Unusual Volume: VXF
Friday's ETF Movers: EWEM, PSAU
EWJ, KBWB: Big ETF Outflows
Daily Dividend Report: SPG, PEP, ADM, WYNN, PRE
Daily Dividend Report: CME, REG, WTR, ROST, JBHT
Daily Dividend Report: UNP, V, LVS, AGN, PRGO
Jobless Claims Rise in Pre-Holiday Week
Income, Spending and Durable Goods Orders Rise in November
GDP Revised Lower; Jobless Claims Drop
Weekly Market Wrap: February 3, 2012
Weekly Market Wrap: January 27, 2012
Weekly Wrap: January 20, 2012
Weekly Market Wrap: January 30, 2012
Week Ahead Market Report: January 23, 2012
Week Ahead Market Report: January 17, 2012
