-
GE Introduces the J920 Engine
Tuesday, October 19, 2010 - 12:01pm | 90GE's (NYSE: GE) Jenbacher announces the development of a new, larger, power-generation gas engine—the J920 engine. With electrical efficiency of 48.7 percent and an output of 9.51 megawatts (MW), the new J920 engine is the most efficient in its class and it extends GE's technical leadership in...
-
Afternoon Market Update (SVU, CWTR, ZUMZ, HOG)
Tuesday, October 19, 2010 - 10:58am | 207Shares of Supervalu Inc (NYSE: SVU) dipped about 11.5% after the company lowered its FY11 projections for profit and sales at stores open one year., SVU projects its earnings, excluding charges, at $1.40 to $1.60 per share, down from its earlier forecast of $1.75 to $1.95 per share. The company's...
-
Benzinga's Top Pre-Market NASDAQ Losers (CWTR, INFN, BKCC, AAPL)
Tuesday, October 19, 2010 - 8:38am | 147Coldwater Creek Inc (NASDAQ: CWTR) dipped 31.53% to $3.67 in the pre-market session. CWTR now projects to post Q3 loss of $0.14-$0.19 per share, as compared to its previous profit projections of $0.01-$0.04 per share. Infinera Corporation (NASDAQ: INFN) lost 27.41% to $8.95 in the pre-market...
-
Piper Jaffray Lowers Coldwater Creek Rating To Neutral; FQ3 Sales To Blame
Tuesday, October 19, 2010 - 8:07am | 117In view of a material miss to FQ3 sales, Piper Jaffray is lowering its investment rating from Overweight to Neutral on Coldwater Creek, Inc. (NASDAQ: CWTR) shares. “No doubt, we believed this fall season would have showcased a stepped-up level of fashion and product innovation for Coldwater under...
-
Coldwater Creek Lowers Third Quarter Earnings Guidance
Monday, October 18, 2010 - 4:13pm | 202Coldwater Creek (Nasdaq: CWTR) today announced updated earnings expectations for the third quarter of fiscal 2010. For the three-month period ending October 30, 2010, the Company currently expects: Net sales in the range of $225 million to $230 million, reflecting a decline in...
-
Retail Weak After Monster Gains
Monday, October 18, 2010 - 12:48pm | 141Many retail stocks are beginning to show signs of a pull back after some of the biggest up moves in recent history. J.C. Penney Company, Inc. (NYSE: JCP) is trading at $32.60, -1.27 (-3.75%). The stock over the last two months had a move that will live in the history books. On August 31st, 2010,...
-
Zacks Analyst Blog Highlights: AMZN,KR,BBY,HD,GPS - Press Releases
Monday, October 18, 2010 - 11:03am | 2056For Immediate Release Chicago, IL – October 18, 2010 – Zacks.com Analyst Blog features:Amazon (AMZN), Kroger (KR), Best Buy (BBY), Home Depot (HD) and The Gap (GPS). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513...
-
Who's Next On The List Of Leveraged Buyouts?
Monday, October 18, 2010 - 11:02am | 432Barron's has compiled a list of 12 companies it believes are ripe for a leveraged buyout. Analyzing candidates the way private-equity firms do, Barron's chose to focus on companies with modest debt that trade for reasonable multiples of earnings and pretax cash flow. For example, Gap, Inc. (NYSE:...
-
Bearish MACD for Citi Trends, Inc. - Tale of the Tape
Monday, October 18, 2010 - 10:36am | 113Citi Trends, Inc.'s (CTRN) MACD indicator has entered into bearish territory with a reading of -0.0359. The Zacks #5 Rank (“Strong Sell”) stock fell slightly to $24.09 in morning trade. The Zacks Consensus Estimate for the year ending January 2011 has decreased by 21 cents over the past two months...
-
Retail Sales' Rise Surprise - Analyst Blog
Monday, October 18, 2010 - 10:09am | 1585Retail Sales were better than expected in September, and the numbers for August were revised significantly higher. Total retail sales rose 0.6%, better than the 0.4% consensus expectation and are up 7.3% from a year ago. August was revised up from 0.4% growth to 0.7% growth, which makes the overall...
-
American Eagle Sept. Sales Rise - Analyst Blog
Sunday, October 17, 2010 - 4:12pm | 392American Eagle Outfitters Inc.'s (AEO) comparable-store sales for September increased 4% as against flat growth in the year-earlier period. Total sales for the five weeks ended October 2, 2010, upped 4% to $251 million from $241 million for the five weeks ended October 3, 2009. Women's...
-
Long-Term Inflation Fighters 10-15-2010
Friday, October 15, 2010 - 6:20pm | 964Cusick's Corner The trend continues up and it's just not worth fighting a rising tide. Review the past four Corners for some ideas on trading this trending up market and how to mitigate the short-term impact of some momentary shakeouts. For those of you who are starting to see the potential for...
-
Fed Keeps Market Green 10-15-2010
Friday, October 15, 2010 - 2:41pm | 1054Cusick's Corner It is options expiration -- chalk filled with data (no surprises this morning) and our head grounds keeper (the Fed Chief) confirmed that he is committed to keeping things green in the economy, leaving the sprinklers of cash going for the foreseeable future. This current story of...
-
Puts Purchased on Foot Locker, Inc. (FL)
Friday, October 15, 2010 - 1:49pm | 134Shares of Foot Locker, Inc. (NYSE: FL) are higher on the session by 0.38%, currently trading at $15.92. The stock has been moving largely higher over the past two months though is now nearing resistance. Options traders are buying puts on the name today. A short while ago the November $15.00 put...
-
Friday's Put/Call Ratio Leaders (VTR, LPX, FL, FAST, KBH)
Friday, October 15, 2010 - 12:19pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Ventas Inc. (NYSE: VTR) 4,314 puts, 35 calls 2. Louisiana Pacific Corp. (NYSE: LPX) 5,247 puts, 81 calls 3. Foot Locker (NYSE: FL) 5,114 puts, 97 calls 4. Fastenal Co. (NASDAQ: FAST)...