After the bell on Thursday, Abercrombie & Fitch (NYSE:ANF) increased its full year earnings guidance to the range of $1.55 to $1.65 per share. The company said that cost cutting efforts and improved sales both domestically and internationally prompted the improved guidance. In the report, Abercrombie & Fitch noted that sales at stores open at least a year fell by 6% over the past six week -- a time period that includes the holiday shopping season. Investors were focused on the positives in the report, sending shares higher by more than 14% on Friday morning.
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:
Thursday 1/29 Insider Buying Report: ALNY, SSB
Thursday 1/29 Insider Buying Report: VSTM, OKSB
Wednesday 1/28 Insider Buying Report: SNDK, HBAN
S&P 500 Movers: QCOM, HAR
Nasdaq 100 Movers: QCOM, CTXS
Dow Movers: XOM, MCD
S&P 500 Analyst Moves: R
Dow Analyst Moves: CVX
Dow Analyst Moves: GE
Thursday Sector Leaders: General Contractors & Builders, Education & Training Services
Thursday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Wednesday Sector Leaders: Aerospace & Defense, Computer Peripherals
Thursday's ETF with Unusual Volume: PSI
Thursday's ETF Movers: ITB, GDXJ
EWJ, NYCC: Big ETF Outflows
Daily Dividend Report: POT, AVB, RCI, DGX, PAG, XOM, V, MCD, HPQ, LMT, MCK
Daily Dividend Report: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
Daily Dividend Report: AAL, ARG, ENR, NYCB, CR, OSK, RBC, PRGO, AOS, NGL
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: January 9, 2015
Weekly Market Wrap: January 2, 2015
Weekly Market Wrap: December 26, 2014
Week Ahead Market Report: January 26, 2015
Week Ahead Market Report: January 12, 2015
Week Ahead Market Report: December 29, 2014
