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Stock Market News for November 22, 2010 - Market News
Monday, November 22, 2010 - 10:00am | 989U.S. stocks closed with modest gains Friday as investors digested a week of volatile trading that was characterized by Ireland's debt woes and worries about Chinese growth. The blue-chip Dow average, after trading much of the session in the negative territory, closed the day with a slight gain....
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CTRN Posts Wider-Than-Expected Q3 Loss
Monday, November 22, 2010 - 7:54am | 58Citi Trends Inc (NASDAQ: CTRN) reports its Q3 loss at $0.03, versus the expected loss of $0.01. CTRN reports its Q3 revenue at $140 million, versus the estimates of $145.62 million. CTRN shares gained 2.79% to close at $21.39 on Friday. Read more from Benzinga's Company news.
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Zacks Analyst Blog Highlights: American Eagle Outfitters, Canadian Solar, STR Holdings, ReneSola and JA Solar Holdings - Press Releases
Monday, November 22, 2010 - 6:01am | 1582For Immediate Release Chicago, IL – November 22, 2010 – Zacks.com Analyst Blog features: American Eagle Outfitters Inc. (AEO), Canadian Solar Inc. (CSIQ), STR Holdings Inc. (STRI), ReneSola Ltd. (SOL) and JA Solar Holdings Co. Ltd. (JASO). Get the most recent insight from Zacks Equity Research with...
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Zacks Analyst Blog Highlights: Gap Inc., Pfizer, Bristol-Myers Squibb, Johnson and Johnson and Bayer - Press Releases
Monday, November 22, 2010 - 6:01am | 1659For Immediate Release Chicago, IL – November 22, 2010 – Zacks.com Analyst Blog features: Gap Inc. (GPS), Pfizer (PFE), Bristol-Myers Squibb (BMY), Johnson and Johnson (JNJ) and Bayer (BAYRY). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http...
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Stock Market News for November 22, 2010 - Market News
Monday, November 22, 2010 - 4:56am | 989U.S. stocks closed with modest gains Friday as investors digested a week of volatile trading that was characterized by Ireland's debt woes and worries about Chinese growth. The blue-chip Dow average, after trading much of the session in the negative territory, closed the day with a slight gain....
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2 Strong Gainers (HIBB, ANN)
Friday, November 19, 2010 - 2:34pm | 143Despite the general malaise on Wall Street today, there are a handful of stocks that are moving higher today, on heavy volume, for a variety of reasons. Hibbett Sports, Inc. (NASDAQ: HIBB) is up $3.64 to $31.80, a gain of over 12% after the company forecast better than expected earnings for the...
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Shoe Carnival Rises After Earnings (SCVL)
Friday, November 19, 2010 - 1:02pm | 85Shares of Shoe Carnival (NASDAQ: SCVL) are rising during Friday's trading session after the company reported earnings on Thursday evening. SCVL reported earnings per share of $0.70 compared to analysts' consensus estimates of $0.65. In the year ago quarter, the company reported EPS of $0.59....
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Options Brief: The Dress Barn (DBRN)
Friday, November 19, 2010 - 12:51pm | 97Shares of The Dress Barn (NASDAQ: DBRN) are lower on the session by 2.68%, trading at $24.01. Overall call volume is now running at 2.34x the daily average, with 56% of all puts traded being purchases on the offer. 1,135 contracts have traded on the session so far. The Dress Barn, Inc. operates...
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Options Brief: The Finish Line (FINL)
Friday, November 19, 2010 - 12:49pm | 79Shares of The Finish Line (NASDAQ: FINL) are higher on the session by 5.56%, trading at $18.02. Overall call volume is now running at 15.95x the daily average, with 17% of all puts traded being purchases on the offer. 5,310 contracts have traded on the session so far. The Finish Line, Inc. is a...
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Gap Inc. Opens First Store In Italy
Friday, November 19, 2010 - 12:02pm | 58Gap Inc. (NYSE: GPS) announced today the opening of its first Gap flagship store in Italy. Located on Corso Vittorio Emanuele in Milan's premier shopping district, the contemporary flagship store will showcase Gap's full apparel collections. The adjacent Banana Republic flagship store is planned...
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Jefferies Reiterates Hold Rating on The Gap
Friday, November 19, 2010 - 11:41am | 65Jefferies published its company update on The Gap (NYSE: GPS) maintaining its Hold rating. In a note to clients, Jefferies writes, "With tougher margin compares, increasing promotions likely, and rising cost pressures such as sourcing, we see down margins next year. Lower margins coupled with...
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Gap Meets Estimate, Affirms Outlook - Analyst Blog
Friday, November 19, 2010 - 11:33am | 397Gap Inc.'s (GPS) third-quarter 2010 earnings of 48 cents per share rose 9.0% from last year's 44 cents and met the Zacks Consensus Estimate. During the quarter, net sales grew 1.8% to $3.65 billion from $3.59 billion in the year-ago quarter. Same-store sales remained flat for the quarter,...
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American Eagle Meets, Cuts Costs - Analyst Blog
Friday, November 19, 2010 - 11:33am | 409American Eagle Outfitters Inc.'s (AEO) third-quarter 2010 adjusted earnings skipped to 29 cents per share from the year-ago earnings of 25 cents per share, but remained in line with the Zacks Consensus Estimate. The adjusted quarterly earnings excluded a loss of 12 cents per share on sale of...
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Retail Earnings After the Bell: Gap, Foot Locker
Friday, November 19, 2010 - 11:14am | 99Gap (GPS) reported a slight decline in fiscal third quarter earnings late yesterday. Profits fell to $303 million, or $0.48 per share, compared to $307 million, or $0.44 per share, in the same quarter last year. Go to SwingTradingDaily.com for full article, videos and real-time updates.
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Deutsche Bank Comments On Gap Earnings Results
Friday, November 19, 2010 - 10:47am | 177The Gap's (NYSE: GPS) 3Q's most interesting takeaway was the degree to which Gap Inc. is now benefitting from share repurchases. For the first time since at least '07, quarterly EPS grew by double digits entirely from buy-backs. From here, our concern is that Gap product won't sell at full price in...