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RBC Capital Increases Price Target on Valeant Pharmaceuticals, TJX, Ross Stores, Quanta Services, Pioneer Natural Resources, Global Payment, General Cable (VRX, TJX, ROST, PWR, PXD, GPN, BGC)
Friday, January 7, 2011 - 10:13am | 108RBC Capital increases its price target on the following companies: Valeant Pharmaceuticals (NYSE: VRX) from $34 to $41. TJX (NYSE: TJX) from $50 to $52. Ross Stores (NASDAQ: ROST) from $62 to $64. Quanta Services (NYSE: PWR) from $22 to $25. Pioneer Natural Resources (NYSE: PXD) from $89 to $98....
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Stock Market News for Jan 7, 2011 - Market News
Friday, January 7, 2011 - 10:06am | 1234On Thursday, markets shed their winning streak to fall marginally lower. Figures of Retailer's sales during the holiday shopping season were disappointing enough to take the indices down. Moreover, weak data about unemployment added to the jitteriness of investors. The Dow Jones Industrial...
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December Sales Rise at Nordstrom - Analyst Blog
Friday, January 7, 2011 - 10:03am | 477Same-store sales for the five-week period ending January 1, 2011, of Nordstrom Inc. (JWN) grew 8.4%. Total retail sales in December 2010 improved 11.9% from $1.25 billion in December 2009 to gross $1.39 billion. The company reported an increase in same-store sales of 8.3% year to date. Total...
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Benzinga's Top Downgrades (GPS, JCP, CTSH, VRUS)
Friday, January 7, 2011 - 9:44am | 141Gap Inc (The) (NYSE: GPS) was downgraded by Nomura from "buy" to "neutral." GPS' shares closed at $20.70 yesterday. Gap's trailing-twelve-month profit margin is 8.19%. JC Penney Company Inc (NYSE: JCP) was downgraded by Morgan Stanley from "equal weight" to "underweight." JCP' stock closed at $32....
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Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, January 7, 2011 - 9:33am | 293Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Abercrombie & Fitch Co (ANF) Allianz SE (AZSEY) Alps Electric Co (APELY) Anglo Amer plc (AAUKY) BHP Billiton Ltd (BHP) View the entire Zacks #1 Rank List. ANGLO AMER -PLC (AAUKY): Free Stock Analysis Report ABERCROMBIE (...
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December Sales Rise at Nordstrom - Analyst Blog
Friday, January 7, 2011 - 9:30am | 477Same-store sales for the five-week period ending January 1, 2011, of Nordstrom Inc. (JWN) grew 8.4%. Total retail sales in December 2010 improved 11.9% from $1.25 billion in December 2009 to gross $1.39 billion. The company reported an increase in same-store sales of 8.3% year to date. Total...
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Zacks #1 Rank Additions for Friday - Tale of the Tape
Friday, January 7, 2011 - 9:14am | 300Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Abercrombie & Fitch Co (ANF) Allianz SE (AZSEY) Alps Electric Co (APELY) Anglo Amer plc (AAUKY) BHP Billiton Ltd (BHP) View the entire Zacks #1 Rank List. ANGLO AMER -PLC (AAUKY): Free Stock Analysis Report ABERCROMBIE (...
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Piper Jaffray Lowers AEO Target To $14 From $17
Friday, January 7, 2011 - 8:31am | 24Piper Jaffray is lowering its target on American Eagle Outfitters, Inc. (NYSE: AEO) to $14, down from $17.
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Piper Jaffray Raises ROST Target To $64 From $63
Friday, January 7, 2011 - 8:29am | 22Piper Jaffray is raising its target on Ross Stores, Inc. (NASDAQ: ROST) to $64 from $63.
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J.P. Morgan Neutral On Abercrombie & Fitch Co. (NYSE)
Friday, January 7, 2011 - 8:27am | 176J.P. Morgan Chase & Co. has a Neutral rating and a $55 price target on shares of Abercrombie & Fitch Co. (NYSE: ANF). It's raising its estimates after December same-store-sales. In a note sent to clients, J.P. Morgan writes, "Our 2010 estimate of $2.02 assumes 7% comps and margins at 8.1...
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Citi Discusses December Same-Store-Sales (ANF, LTD)
Friday, January 7, 2011 - 8:19am | 161Citi Investment Research is out with a research report on the December same-store-sales. It said it sees upside to Abercrombie & Fitch (NYSE: ANF) and Limited (NYSE: LTD). In a note to clients, Citi writes, "Guess those traffic numbers deserved a bit more credence this year. Our Softline comp...
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Top 4 Small-Cap Stocks In The Services Sector With The Lowest PEG Ratio (ECHO, SCVL, FINL, GMAN)
Friday, January 7, 2011 - 2:07am | 115Below are the top small-cap service stocks on the NYSE and the NASDAQ in terms of PEG ratio. Echo Global Logistics Inc (NASDAQ: ECHO) has a PEG ratio of 0.87. ECHO's trailing-twelve-month ROE is 14.90%. Shoe Carnival Inc (NASDAQ: SCVL) has a PEG ratio of 0.88. SCVL had no debt in the recent...
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Fast Money Pops & Drops, January 6th (DELL, BA, TOL, MEE, PLCE)
Thursday, January 6, 2011 - 8:27pm | 278CNBC Fast Money's Joe Terranova said in the segment of the show called "Stock Pops & Drops" that he doesn't like Dell Inc. (NASDAQ: DELL). He believes that Dell Inc. (DELL) gained 2.81%, because investors were impressed by the new 7-inch touchscreen tablet. Stephen Weiss explained that Massey...
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Fast Money Picks For January 7th (JPM, M, PLCE, GM)
Thursday, January 6, 2011 - 7:47pm | 169Brian Kelly said on CNBC's Fast Money that he wants to buy JPMorgan Chase & Co. (NYSE: JPM) tomorrow. He believes that delinquencies will decline. JPMorgan (JPM) fell 0.49% today, and closed at $44.48. Anthony Scaramucci thinks that Macy's, Inc. (NYSE: M) is a buy. Macy's, Inc. (M) fell 4.00%...
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Zumiez on SSS Growth Trail - Analyst Blog
Thursday, January 6, 2011 - 7:30pm | 591Specialty retailer Zumiez Inc. (ZUMZ) reported a same-store sales growth of 9.2% for the five-week period ending January 1, 2011. This is a substantial jump from an increase of 0.3% in the year-ago period. Total net sales for December were $88.5 million, up by a sharp 14.1% from $77.6 million...