Sponsors
Billabong ▲ +0.005 | PPR ▲ +0.55 | American Apparel ▼ -0.013 | The Buckle ▼ -0.53 | Columbia ▲ +0.18 | Deckers Outdoor ▼ -0.24 | Dicks ▼ -0.04 | Foot Locker ▼ -0.07 | Genesco ▲ +0.10 | Iconix Brand Group ▼ -0.19 | Jarden Corp ▲ +0.07 | Nordstrom ▼ -0.21 | Luxottica ▼ -0.31 | Nike ▲ +0.35 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.01 | Sport Chalet - 0 | Urban Outfitters ▼ -0.68 | VF Corp ▼ -0.13 | Quiksilver ▼ -0.03 | Zumiez ▼ -0.43 | Macys ▼ -0.56 | Tillys ▼ -0.04 |
Ticker Sponsor
Readers Say
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
Industry Insight

MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Quiksilver outlook raised by Wall Street Firm

By Tiffany Montgomery
June 08, 2009 10:07 AM

A Wall Street firmed doubled its share price target for Quiksilver this morning, to $6 from $3. Lazard's improved outlook for Quiksilver sent the company's shares up 6 percent to $3.71 in early morning trading. 

The firm believes more cost cuts could lead to raised earnings estimates for Quiksilver. Also, Quiksilver may not have to sell any assets if it was able to refinance its debt, Lazard believes.

Bob McKnight addressed a new round of cost cuts in his speech at UCI that was covered by Shop-eat-surf in our Executive Edition. 

Here is a story from Reuters about Lazard's improved outlook for Quiksilver. 

 


Articles You Might Have Missed