|Bid||0.62 x 800|
|Ask||0.62 x 1200|
|Day's Range||0.6069 - 0.6489|
|52 Week Range||0.3100 - 1.3700|
|Beta (3Y Monthly)||2.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Christopher & Banks Corporation (CBK), a specialty women’s apparel retailer, today announced holiday sales through the first ten weeks of the fourth quarter and provided a comparable sales outlook for the fourth quarter of fiscal 2018 ending February 2, 2019. Through the first ten weeks of the fourth quarter comparable sales increased approximately 3.0% at expanded merchandise margin rates as compared to the first ten weeks of last year’s fourth quarter. Comparable sales are expected to be positive low single digits for the fourth quarter following a 5.7% sales comp increase in last year’s fourth quarter.
# Christopher & Banks Corp ### NYSE:CBK View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate ## Bearish sentiment Short interest | Neutral Short interest is moderate for CBK with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding CBK is favorable, with net inflows of $1.00 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Shares of Christopher & Banks Corp. are up sharply Friday after the company said it rebuffed an unsolicited takeover offer that had put a premium on the apparel retail chain.
As we move, headfirst into 2019, Premier Health Group (OTC:PHGRF) (CSE:PHGI), Marin Software Incorporated (MRIN), Micronet Enertec Technologies, Inc (MICT), and Christopher & Banks Corporation (CBK) are presenting investors with potential opportune investments just in time for the holiday season. Premier Health Group (OTC:PHGRF) (CSE:PHGI) has enjoyed a strong month of bullish trading following several announcements that have proved enticing for investors in the healthcare sector. Shares of the Company have jumped over 30% over the course of the last four weeks, with shares trading at $0.64 per share in midday trading on Friday.
Christopher & Banks Corporation (CBK), a specialty women’s apparel retailer, today announced that the Company’s Board of Directors unanimously rejected an unsolicited proposal from Carson’s Holdings, Inc., a subsidiary of CSC Generation Holdings, Inc., to acquire all outstanding stock of the Company for $0.80 per share. The Board of Directors, in consultation with its outside financial and legal advisors, carefully reviewed and considered the Carson’s Holdings’ proposal and determined that the proposal does not reflect the full, long-term value that the Company’s stockholders are expected to receive from execution of the Company’s key strategic initiatives and, therefore, was not in the best interests of the Company and its stockholders.
Christopher & Banks Corporation (NYSE:CBK), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is Read More...
Christopher & Banks Corporation today announced that it plans to report its fiscal 2018 third quarter results on Tuesday, December 4, 2018, before the market opens. The Company also plans to hold a conference call to discuss its financial results at 8:30 a.m.
Moody's Investors Service (Moody's) has today affirmed Commercial Bank of Kuwait K.P.S.C.'s (CBK) A3 long-term and Prime-2 short-term deposit ratings. At the same time, the rating agency affirmed CBK's A2/Prime-1 Counterparty Risk Ratings (CRR), A2 (cr)/Prime-1(cr) Counterparty Risk Assessment (CR Assessment), and the bank's baseline credit assessment (BCA) and Adjusted BCA at ba1. Today's affirmation reflects Moody's expectation that the Government of Kuwait (Aa2 stable) will remain willing to support banks in difficulty, underpinning CBK's ratings, as well as Moody's view that the bank's solid capital and provisioning buffers, and comfortable liquidity balance the risks stemming from significant lending and deposit concentrations.
Examining how Christopher & Banks Corporation (NYSE:CBK) is performing as a company requires looking at more than just a years’ earnings. Below, I will run you through a simple senseRead More...
- Net Sales of $87.4 Million, Reflecting a Comparable Sales Increase of 0.8% -- Gross Margin Rate was Flat as Compared to 2Q17 -
Christopher & Banks Corporation today announced that it plans to report its fiscal 2018 second quarter results on Wednesday, September 5, 2018, before the market opens.
Christopher & Banks Corporation (CBK), a specialty women's apparel retailer, today announced it has extended, on substantially the same terms, its current senior secured revolving credit facility (the "Amended Credit Facility") in the amount of up to $50 million with Wells Fargo Capital Finance (“Wells”), part of Wells Fargo & Company (WFC). The Amended Credit Facility provides committed revolving funding through August 3, 2023, as the prior facility was scheduled to expire in September 2019. The Amended Credit Facility includes an additional $5 million FILO (“first-in, last out”) tranche.
Christopher & Banks Corporation (CBK) today announced that Andrea Kellick will be joining the Company July 16, 2018 as Senior Vice President, Chief Merchandising Officer. As Chief Merchant, Ms. Kellick will be responsible for merchandising, product development and sourcing. Ms. Kellick brings more than 30 years of retail merchandising experience to the Company, including 16 years at Target Corporation.
Christopher & Banks Corporation (NYSE:CBK), a specialty retail company based in United States, led the NYSE gainers with a relatively large price hike in the past couple of weeks. Less-covered,Read More...