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$URBN 2Q16 Call: Operating income for the quarter decreased by 1% to $104MM with operating profit margin deleveraging by 100 BP to 12%. During the quarter, the company repurchased and retired 6.6MM common shares for approx. $236MM and ended the quarter with $339MM in cash and marketable securities.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.