CONTACT: The Schall Law Firm Brian Schall, Esq.www.schallfirm.com Office: 310-301-3335info@schallfirm.com
SOURCE: The Schall Law Firm
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
RADNOR, PA / ACCESSWIRE / September 18, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against lululemon athletica inc. ("lululemon") (NASDAQ:LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the "Class Period"). The case is assigned to the Honorable Andrew Lamar Carter Jr. The lead plaintiff deadline is October 7, 2024.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered lululemon losses, you mayCLICK HEREor go to:https://www.ktmc.com/new-cases/lululemon-athletica-inc?utm_source=PR&utm_medium=link&utm_campaign=lulu&mktm=r
PleaseCLICK HEREto view our video or copy and paste this link into your browser:https://youtu.be/5eEcTpJdRdc
You can also contact attorneyJonathan Naji, Esq.by calling (484) 270-1453 or by email atinfo@ktmc.com.
DEFENDANTS' ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) lululemon was struggling with inventory allocation issues and color palette execution issues; (2) the company's Breeze through product launch underperformed; (3) as a result, lululemon was experiencing stagnating sales in the Americas region; and (4) as a result of the foregoing, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
THE LEAD PLAINTIFF PROCESS:
lululemon investors may, no later than October 7, 2024, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages lululemon investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERETO SIGN UP FOR THE CASE OR GO TO:https://www.ktmc.com/new-cases/lululemon-athletica-inc?utm_source=PR&utm_medium=link&utm_campaign=lulu&mktm=r
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. (484) 270-1453 280 King of Prussia Road Radnor, PA 19087info@ktmc.com
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
SOURCE: Kessler Topaz Meltzer & Check, LLP
View the original press release on accesswire.comLOS ANGELES, CA / ACCESSWIRE / September 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lululemon Athletica Inc. ("Lululemon" or "the Company") (NASDAQ:LULU) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between December 7, 2023 and July 24, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before October 7, 2024.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Lululemon suffered from inventory allocation issues as well as color palette execution problems. Due to these issues, the Company's Breezethrough product launch failed to meet expectations. As a result, the Company's sales were stagnant. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Lululemon, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT: The Schall Law Firm Brian Schall, Esq.www.schallfirm.com Office: 310-301-3335info@schallfirm.com
SOURCE: The Schall Law Firm
NEW YORK, NY / ACCESSWIRE / September 18, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against lululemon athletica inc. ("lululemon" or "the Company") (NASDAQ:LULU) and certain of its officers.
Class Definition
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired lululemon securities between December 7, 2023, and July 24, 2024, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/LULU.
Case Details
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors: (1) that the Company was struggling with inventory allocation issues and color palette execution issues; (2) that, as a result, the Company's Breezethrough product launch underperformed; (3) that, as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/LULU or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in lululemon you have until October 7, 2024, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact
Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Nathan Miller332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on accesswire.comFor Immediate Release
Chicago, IL – September 18, 2024 – Today, Zacks Investment Ideas feature highlights lululemon LULU, Dollar Tree DLTR, Caterpillar CAT.
CEO Makes Huge Purchase of This Beaten-Down Stock
Investors closely monitor insider buys, as they can give hints surrounding the long-term picture.
An insider is an officer, director, 10% stockholder, or anyone who possesses internal information because of their relationship with the company. It’s critical to note that insiders have a longer holding period than most, and many strict rules apply to their transactions.
Several companies –lululemon, Dollar Tree and Caterpillar – have all seen recent insider activity. Let’s take a closer look at the transactions for those interested in trading like the insiders.
LULU CEO Invests $1 Million
Lululemon shares have been hit hard in 2024, down nearly 50% and unable to find any meaningful traction. Post-earnings reactions haven’t been great despite exceeding quarterly expectations.
The CEO must’ve seen some value, recently scooping up 4k shares at an overall transaction of roughly $1 million. The transaction was relatively large, bringing his total stake to nearly 90k shares overall.
Still, the company’s earnings outlook has been lowered across the board, not boding well for near-term share performance. The insider transaction appears to be more reflective of a longer-term outlook, and investors seeking short-term gains would likely be better off staying on the sidelines until positive earnings estimate revisions hit the tape.
The valuation picture has become more reasonable amid the poor performance, with the current 18.2X forward 12-month earnings multiple sitting well beneath the steep 35.2X five-year median. The stock traded at a premium for years thanks to its explosive growth.
The current PEG works out to 1.4X, near the low end of the five-year range.
Margins have also continued to recover nicely on a trailing twelve-month basis, as shown below. The company’s gross margin improved 80-basis points year-over-year throughout its latest quarter.
Other Recent Insider Buys
LULU hasn’t been the only stock seeing insider activity as of late, as construction heavyweight Caterpillar and retail player Dollar Tree have also seen buyers step up.
A director of Caterpillar recently made a small splash, acquiring 100 CAT shares at a total transaction value of just under $35k. Caterpillar shares have modestly outperformed the S&P 500 in 2024, gaining nearly 20%.
A director of Dollar Tree made a purchase in early September, scooping up 2.2k DLTR shares at a total transaction value of $150k. The stock’s outlook has been slashed across the board, landing it into an unfavorable Zacks Rank #5 (Strong Sell).
While the insider transaction is overall positive, the current outlook suggests near-term underperformance.
Bottom Line
Many investors closely monitor insider buys, looking to receive insights into the longer-term picture. The transactions shouldn’t be relied on for near-term performance, as insiders’ holding periods are longer than most and many strict rules apply.
Rather, investors can see insider buys as an overall net positive concerning the longer-term outlook.
All stocks above have seen recent insider activity.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research
Investors closely monitor insider buys, as they can give hints surrounding the long-term picture.
An insider is an officer, director, 10% stockholder, or anyone who possesses internal information because of their relationship with the company. It’s critical to note that insiders have a longer holding period than most, and many strict rules apply to their transactions.
Several companies – lululemon LULU, Dollar Tree DLTR, and Caterpillar CAT – have all seen recent insider activity. Let’s take a closer look at the transactions for those interested in trading like the insiders.
LULU CEO Invests $1 Million
Lululemon shares have been hit hard in 2024, down nearly 50% and unable to find any meaningful traction. Post-earnings reactions haven’t been great despite exceeding quarterly expectations, as shown below.
The CEO must’ve seen some value, recently scooping up 4k shares at an overall transaction of roughly $1 million. The transaction was relatively large, bringing his total stake to nearly 90k shares overall.
Still, the company’s earnings outlook has been lowered across the board, not boding well for near-term share performance. The insider transaction appears to be more reflective of a longer-term outlook, and investors seeking short-term gains would likely be better off staying on the sidelines until positive earnings estimate revisions hit the tape.
The valuation picture has become more reasonable amid the poor performance, with the current 18.2X forward 12-month earnings multiple sitting well beneath the steep 35.2X five-year median. The stock traded at a premium for years thanks to its explosive growth.
The current PEG works out to 1.4X, near the low end of the five-year range.
Margins have also continued to recover nicely on a trailing twelve-month basis, as shown below. The company’s gross margin improved 80-basis points year-over-year throughout its latest quarter.
Other Recent Insider Buys
LULU hasn’t been the only stock seeing insider activity as of late, as construction heavyweight Caterpillar CAT and retail player Dollar Tree DLTR have also seen buyers step up.
A director of Caterpillar recently made a small splash, acquiring 100 CAT shares at a total transaction value of just under $35k. Caterpillar shares have modestly outperformed the S&P 500 in 2024, gaining nearly 20%.
A director of Dollar Tree made a purchase in early September, scooping up 2.2k DLTR shares at a total transaction value of $150k. The stock’s outlook has been slashed across the board, landing it into an unfavorable Zacks Rank #5 (Strong Sell).
While the insider transaction is overall positive, the current outlook suggests near-term underperformance.
Bottom Line
Many investors closely monitor insider buys, looking to receive insights into the longer-term picture. The transactions shouldn’t be relied on for near-term performance, as insiders’ holding periods are longer than most and many strict rules apply.
Rather, investors can see insider buys as an overall net positive concerning the longer-term outlook.
All stocks above – lululemon LULU, Dollar Tree DLTR, and Caterpillar CAT – have seen recent insider activity.
Zacks Investment Research
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.