The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
*Company sees 4th- qtr revenue of $513- $518 mln. *Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely fall in its latest quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.
*Sees earnings 71- 73 cents/ share, down from 78- 80 cents. Jan 13- Sales at Lululemon Athletica Inc's established stores will likely drop in the fourth quarter, the first year-on-year drop since 2009, the company warned on Monday, the latest in a spate of setbacks for the once high-flying yogawear retailer.
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TORONTO, Dec 12- Lululemon Athletica Inc warned on Thursday that fewer customers visiting its stores will hit its sales in the crucial fourth quarter, acknowledging that negative press surrounding a product recall and comments by its founder had hurt sales of its trendy yogawear.
Dec 10- Yoga-wear retailer Lululemon Athletica Inc, reeling from an embarrassing recall of see-through pants, named Lauren Potdevin as chief executive and said founder Chip Wilson would step down as non-executive chairman. Potdevin replaces Christine Day, who said in June that she would leave the company once a replacement was found.
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Some of Thursday's midday movers:
Under Armour will acquire MapMyFitness in a deal to take over the digital fitness tracking platform with more than 20 million registered users.
The "Fast Money" traders share their final trades of the day.
The stocks moving before the bell.
With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.
"Penney's is just beginning to hurt the department stores," Durbin Captial's Steve Kernkraut says.
Following a scathing New York Times review, the game is up for Samsung's smartwatch, said Jim Cramer.
Some of the names on the move ahead of the open.
Stocks finished in the red Friday, with major averages closing lower for the first week in three, as mounting concerns of a potential government shutdown spooked Wall Street.
Check out which companies are making headlines after the bell Thursday: