Deckers Outdoor (DECK) Ramps on Takeover Speculation
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November 27, 2012 4:45 PM EST
Deckers Outdoor Corp (NASDAQ: DECK) is seeing some selling pressure after-hours Tuesday following reports from Footwear News that a sale of the UGG-maker is unlikely.
"Market rumors suggesting the Ugg Australia brand could be in play are unfounded, analysts told Footwear News... More
November 26, 2012 8:50 AM EST
Analyst at Canaccord Genuity noted a busy but not frantic Black Friday as footwear fares relatively well.
"While Black Friday sales by some retailers began well before Friday, consumers still braved the crowds the day after Thanksgiving, yet in a manner that was less frenetic than in years past," analyst Camilo Lyon notes. "At the malls we visited (Roosevelt Field in NY and... More
For shoppers seeking a U.S. footwear deal, there’s no better bargain than UGG boots. While warmer weather and higher sheepskin costs crimped profits at Deckers Outdoor Corp. (DECK) this year, Jefferies Group Inc. says...
