Hot Stocks You Must-Know: Kohl’s, StarTek and More
Raymond James have downgraded PSS World Medical, Inc. (NASDAQ:PSSI) following a Q4 that missed analyst predictions. PSS reported earnings per share of 38 cents for the period, falling short of the expected 43 cents EPS. Revenues were also in need of a little triage, coming in at $538.9 million. Analysts had PSS at $556.04 million.
Shares of the medical supplies distributor, which has announced plans to integrate all warehouse operations into one common distribution infrastructure, are trading 5.18% lower today.
Shares of Kohl’s Corporation (NYSE:KSS) are down in early trading after the release of its Q2 earnings guidance. The department store chain that gives you the chance to wear Vera Wang without having to take a walk down the aisle reported that it’s guidance is based on total sales growth of 2%-3% and flat comparable store sales growth of 1%. Share purchases for the period are expected to be $250 million. Kohl’s says that it sees improved gross margins coming back into style for the fall, but they will still be down from the same period last year.
Shares of Kohl’s Corporation are trading 4.05% lower today.
StarTek, Inc. (NYSE:SRT) beat predictions for Q1, with revenues for the first three months of the year reported at $50.9 million. Analysts had StarTek at $46.42 million. Building on its relationship wit Cincinnati Bell, the outsourcing services provider has agreed to house its customer care jobs in Bell’s Tri-State region.
Shares of StarTek, Inc. are trading 58.79% higher today.
Galena Biopharma Inc (NASDAQ:GALE) had added Robert Figlin, M.D., F.A.C.P. to the company’s Scientific Advisory Board. Dr. Figlin comes to the table with an impressive pedigree. Board-certified in both medical oncology and internal medicine, he is currently the Associate Director of the Academic Development Program and Director of the Division of Hematology/Oncology at Cedars-Sinai’s Samuel Oschin Comprehensive Cancer Institute.
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