Bulletin
Investor Alert

Stocks to Watch

March 9, 2010, 7:28 p.m. EST · Recommend (1) ·

American Eagle, Men's Wearhouse, Gymboree

Alert Email Print

By MarketWatch

SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday's session are American Eagle Outfitters Inc., Men's Wearhouse Inc., and Gymboree Corp.

American Eagle /quotes/comstock/13*!aeo/quotes/nls/aeo (AEO 12.46, -0.14, -1.11%) is expected to report fourth-quarter earnings of 33 cents a share, according to analysts surveyed by FactSet Research.

Men's Wearhouse /quotes/comstock/13*!mw/quotes/nls/mw (MW 19.21, -0.07, -0.36%) is projected to post a fourth-quarter loss of 16 cents a share, according to analysts surveyed by Thomson Reuters.

Gymboree /quotes/comstock/15*!gymb/quotes/nls/gymb (GYMB 43.21, -0.94, -2.13%) is estimated to report a profit of $1.10 a share in the fourth quarter, according to analysts surveyed by FactSet Research.

Children's Place Retail Stores Inc. /quotes/comstock/15*!plce/quotes/nls/plce (PLCE 43.83, -1.18, -2.62%) is forecast to post earnings of $1.03 a share in the fourth quarter, according to analysts surveyed by FactSet Research.

Hot Topic Inc. /quotes/comstock/15*!hott/quotes/nls/hott (HOTT 5.40, -0.08, -1.46%) is expected to report earnings of 18 cents a share in the fourth quarter, according to analysts surveyed by FactSet Research.

After Tuesday's closing bell, InterMune Inc. /quotes/comstock/15*!itmn/quotes/nls/itmn (ITMN 9.58, +0.02, +0.21%) shares got a boost after a Food and Drug Administration panel recommended the agency approve the biotech's Esbriet lung treatment. InterMune is trying to get marketing approval for Esbriet to treat idiopathic pulmonary fibrosis, a rare and fatal lung disease that currently lacks an approved treatment. IPF affects about 200,000 people in the United States and Europe.

Watch list

Abbott Laboratories /quotes/comstock/13*!abt/quotes/nls/abt (ABT 48.98, -0.24, -0.49%) said it will acquire Facet Biotech Corp. /quotes/comstock/15*!fact (FACT 27.01, 0.00, 0.00%) for $27 a share. The total purchase price of $722 million includes $272 million of Facet's cash and securities, resulting in a net cost of about $450 million, Abbott said. In December, Facet turned down an unsolicited offer from Biogen Idec Inc. /quotes/comstock/15*!biib/quotes/nls/biib (BIIB 56.53, +0.61, +1.09%) of $17.50 a share.

Collective Brands Inc. /quotes/comstock/13*!pss/quotes/nls/pss (PSS 15.82, -0.15, -0.94%) , which owns Payless Shoe Source, reported Tuesday a fourth-quarter net loss of $10.9 million, or 17 cents a share, vs. a loss of $144 million, or $2.28 a share, a year ago. Excluding items, the loss in the most recent quarter came in at 18 cents a share. Sales rose to $741.7 million from $735.2 million. Analysts polled by FactSet Research were looking for a loss of 26 cents a share with sales of $726.3 million.

J. Crew Group Inc. /quotes/comstock/13*!jcg/quotes/nls/jcg (JCG 35.42, -0.38, -1.06%) reported it swung to a fourth-quarter profit and issued a 2010 earnings forecast above Wall Street's expectations. J. Crew posted a profit of $40.4 million, or 61 cents a share. Sales rose 19% to $460.6 million. It lost $13.5 million, or 22 cents a share, in the year-ago period. Gross margin rose to 43.9% of sales from 27.6%, lifted by fewer markdowns and promotions. For 2010, J. Crew estimated a profit of $2.20 to $2.30 a share. Analysts are looking for $2.13, according to FactSet Research.

Navistar International Corp. /quotes/comstock/13*!nav/quotes/nls/nav (NAV 52.09, -0.38, -0.72%) reported a first-quarter profit of $17 million, or 23 cents a share, down from 48 million, or 67 cents a share, a year ago. Sales fell to $2.81 billion from $2.97 billion due to lower military orders. "First quarter results reflect the progress we are making in the toughest of economic conditions and in a normally difficult seasonal quarter for our company due to fewer operating days," Navistar Chairman and CEO Daniel Ustian said in a statement.

Staples Inc. /quotes/comstock/15*!spls/quotes/nls/spls (SPLS 19.85, -0.13, -0.65%) said its board raised the quarterly cash dividend by 9% to 9 cents from 8.25 cents a share. The dividend will be paid on April 15 to shareholders of record on March 26.

First Take

Microsoft moving at snail's pace on tablets

While Steve Ballmer may have said that no one at the software giant is “sleeping at the switch” when it comes to the emerging tablet, it still appears the company is slow on the uptake.

7:35 p.m. Today

MarketWatch's Latest Tweets

"Japanese stocks slip, but Sony up on earnings; Nikkei Average down 0.7% http://on.mktw.net/ar3OoN"
7:16 p.m. EDT, July 29, 2010 from MarketWatch

"Japan's June jobless rate higher-than-expected 5.3%, but household spending above estimate http://on.mktw.net/aSLJT2"
6:50 p.m. EDT, July 29, 2010 from MarketWatch

"Japan's June jobless rate hits 5.3%, CPI falls 1%, both worse than forecast http://on.mktw.net/9NElmk"
6:40 p.m. EDT, July 29, 2010 from MarketWatch

"Political sparring heats up over energy bills http://bit.ly/daqHe1"
5:25 p.m. EDT, July 29, 2010 from MarketWatch

"Carly Fiorina's muddled legacy in Silicon Valley http://bit.ly/c4MicG"
4:26 p.m. EDT, July 29, 2010 from MarketWatch

/quotes/comstock/13*!aeo/quotes/nls/aeo American Eagle Outfitters (AEO)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 12.46
Change -0.14 -1.11%
Volume 5.48m Real time quotes
/quotes/comstock/13*!mw/quotes/nls/mw Men's Wearhouse Inc (MW)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 19.21
Change -0.07 -0.36%
Volume 677,473 Real time quotes
/quotes/comstock/15*!gymb/quotes/nls/gymb Gymboree Corp (The) (GYMB)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 43.21
Change -0.94 -2.13%
Volume 563,041 Real time quotes
/quotes/comstock/15*!plce/quotes/nls/plce Children's Place Retail... (PLCE)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 43.83
Change -1.18 -2.62%
Volume 765,203 Real time quotes
/quotes/comstock/15*!hott/quotes/nls/hott Hot Topic Inc (HOTT)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 5.40
Change -0.08 -1.46%
Volume 716,749 Real time quotes
/quotes/comstock/15*!itmn/quotes/nls/itmn InterMune Inc (ITMN)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 9.58
Change +0.02 +0.21%
Volume 701,971 Real time quotes
/quotes/comstock/13*!abt/quotes/nls/abt Abbott Laboratories (ABT)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 48.98
Change -0.24 -0.49%
Volume 8.85m Real time quotes
/quotes/comstock/15*!fact Facet Biotech Corp (FACT)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 27.01
Change 0.00 0.00%
Volume 124,752 Real time quotes
/quotes/comstock/15*!biib/quotes/nls/biib Biogen Idec Inc (BIIB)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 56.53
Change +0.61 +1.09%
Volume 3.65m Real time quotes
/quotes/comstock/13*!pss/quotes/nls/pss Collective Brands Inc (PSS)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 15.82
Change -0.15 -0.94%
Volume 1.06m Real time quotes
/quotes/comstock/13*!jcg/quotes/nls/jcg J Crew Group Inc (JCG)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 35.42
Change -0.38 -1.06%
Volume 1.60m Real time quotes
/quotes/comstock/13*!nav/quotes/nls/nav Navistar International Corp (NAV)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 52.09
Change -0.38 -0.72%
Volume 574,694 Real time quotes
/quotes/comstock/15*!spls/quotes/nls/spls Staples Inc (SPLS)
/marketstate/country/US The market is open9:13:38 pm The market is closed9:13:38 pm
$ 19.85
Change -0.13 -0.65%
Volume 6.36m Real time quotes

Featured Commentary »

ALERT:

Link to MarketWatch's Slice.