stock market for today


Gold futures advanced Monday, with analysts continuing to credit a U.S. jobs report that appeared to lower the chances for an interest-rate increase at the Federal Reserves meeting later this month.

December gold GCZ6, +0.46% picked up by $3.80, or 0.3%, to $1,330.50 an ounce, while December silver SIZ6, +0.45% jumped by 23 cents, or 1.2%, to $19.60 an ounce.

stock market for today: Urban Outfitters Inc.(URBN)


Advisors’ Opinion:

  • [By Paul Ausick]

    Urban Outfitters Inc. (NASDAQ: URBN) dropped about 3.6% Monday to post a new 52-week low of $20.83 after closing Friday at $21.61. The 52-week high is $40.80. Volume of around 4.5 million shares was about 30% above the daily average of around 3.4 million. The company is scheduled to report first-quarter earnings on Tuesday, and investor expectations are low.

  • [By Jeremy Bowman]

    Other chains are more opaque, but offer clues that reveal problems with their in-store sales. Urban Outfitters (NASDAQ:URBN) said that its e-commerce sales increased by double digits over the holidays, but in-store sales were lower than expected. Total comps increased 1.5%. Macy’s reported a similar trend, saying overall comparable sales were down 2.1%, but online sales via macys.com and bloomingdales.com were up in the double digits.

  • [By Chris Lange]

    Urban Outfitters, Inc. (NASDAQ: URBN) reported fiscal fourth-quarter financial results after markets closed on Tuesday. The company posted $0.55 in earnings per share (EPS) and $1.03 billion in revenue versus consensus estimates from Thomson Reuters that called for $0.56 in EPS and $1.04 billion in revenue. The same period from last year had $0.61 in EPS and $1.01 billion in revenue.

stock market for today: Rogers Corporation(ROG)


Advisors’ Opinion:

  • [By Anders Bylund]

    Shares of Rogers Corp. (NYSE:ROG) gained 19.9% in April 2017, according to data from S&P Global Market Intelligence.

    So what

    The company reported first-quarter results on April 26, sending share prices nearly 12% higher the next day. Rogers saw 27% year-over-year sales growth and 79% higher earnings, leaving analyst estimates far behind in both cases.

stock market for today: BanColombia S.A.(CIB)


Advisors’ Opinion:

  • [By Javier Hasse]

    Analysts at Credit Suisse downgraded shares of Bancolombia SA (ADR) (NYSE: CIB) from Outperform to Neutral, while boosting their price target from $38 to $40.

  • [By Lisa Levin]

    Foreign Regional Banks: This industry declined 2 percent by 11:00 am with Bancolombia SA (ADR) (NYSE: CIB) moving down 3.7 percent. Bancolombia’s PEG ratio is 4.51.

  • [By Monica Gerson]

    Bancolombia SA (ADR) (NYSE: CIB) is expected to post its quarterly earnings at $0.77 per share on revenue of $945.66 million.

    Cellcom Israel Ltd. (NYSE: CEL) is estimated to post its earnings for the latest quarter.

  • [By Matt Smith]

    Bancolombia appears attractively priced
    Another Colombian company that appears under-valued is the Andean country’s largest commercial bank Bancolombia (NYSE: CIB  ) . For the year-to-date Bancolombia’s share price fell 17% because of a weak second quarter bottom-line. This decline was primarily caused by the bank’s net income plunging by 41% year-over-year because of mark-to-market losses caused by the value lost in the bank’s securities portfolio.

stock market for today: lululemon athletica inc.(LULU)


Advisors’ Opinion:

  • [By Craig Jones]

    Najarian also noticed bullish activity in Lululemon Athletica inc. (NASDAQ: LULU). He said that short-term options traded significantly higher on private equity rumors. He has a long position in the name.

  • [By Jon C. Ogg]

    When companies raise guidance, or at least when they lift the lower-end of their prior targets, investors usually cheer. But in the case of Lululemon Athletica Inc. (NASDAQ: LULU) there is of course a high-valuation bar that has to be considered. Lululemon narrowed its guidance to the upper-end of prior ranges, but the shares hardly budged on Monday despite having a full trading day to absorb the news.

  • [By Chris Lange]

    Lululemon Athletica Inc. (NASDAQ: LULU) reported its most recently quarterly earnings after markets closed on Wednesday. The company posted $0.99 in earnings per share (EPS) and $789.9 million in revenue, versus consensus estimates from Thomson Reuters that called for $1.01 in EPS and $783.56 million in revenue. The fiscal fourth quarter from last year had $0.85 in EPS and $704.28 million in revenue.