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Piper Jaffray Maintains Overweight On Gap (GPS)
Friday, October 15, 2010 - 8:12am | 131Piper Jaffray & Co. is maintaining its Overweight rating on The Gap Inc. (NYSE: GPS). It has a $20 price target on shares. In the note sent to clients, Piper Jaffray writes, "In view of Gap Inc.'s significant opportunity to expand its presence across multiple channels, and with multiple brands...
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Thursday's Put/Call Ratio Leaders (DLB, SWKS, BK, MAT, AEO)
Thursday, October 14, 2010 - 12:19pm | 94Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Dolby Labs (NYSE: DLB) 2,874 puts, 248 calls 2. Skyworks Solutions (NASDAQ: SWKS) 8,397 puts, 748 calls 3. Bank of New York Mellon (NYSE: BK) 5,652 puts, 724 calls 4. Mattel Inc. (...
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Wedbush Reiterates Coverage On (GES, RCMC, EMC)
Thursday, October 14, 2010 - 11:48am | 67Wedbush reiterates coverage on the following stocks: Guess? (NYSE: GES); Outperform with a $46 PT RC2 (NASDAQ: RCRC); Outperform with a $28 PT EMC (NYSE: EMC); Outperform with a $23 PT GES is trading higher at $42.97 RCRC is trading lower at $23.90 EMC is trading 4% higher at $21.10
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Afternoon Market Update
Thursday, October 14, 2010 - 11:10am | 163According to the data, the US trade deficit expanded sharply in August, due to rise in imports from China into US at a record rate. The Commerce Department mentioned that the country's trade deficit widened 8.8% in August to $46.3 billion, up from $42.6 billion in July. However, analysts were...
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Gap Inc. Updates Investors on Long-Term Strategic Plan
Thursday, October 14, 2010 - 8:59am | 416Gap Inc. (NYSE: GPS) today updated investors on the company's initiatives to increase its share of the $1.4 trillion global apparel market, through a combination of international and online expansion and improvements in the North American business. “While never losing sight of our goal to gain...
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Mad Money Lightning Round: Cramer Prefers Bed Bath & Beyond, Best Buy and TJX Companies To Saks (SKS, ROST, HD, BBBY, BBY, TJX, ARMH, AAPL, SWKS, CRUS, EP, ETP, NRGY, JNJ, ABT, TEN, JCI)
Thursday, October 14, 2010 - 5:48am | 328On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes Saks (NYSE: SKS) is overvalued “given its fundamentals.” He likes Ross Stores (NASDAQ: ROST) or Home Depot (NYSE: HD) which is “down a lot.” He prefers Bed Bath & Beyond (NASDAQ: BBBY), Best Buy (NYSE: BBY) and TJX...
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Talbots CEO Adopts Rule 10b5-1 Trading Plan
Wednesday, October 13, 2010 - 4:45pm | 182The Talbots, Inc. (NYSE: TLB) today announced that its President and Chief Executive Officer, Trudy F. Sullivan, has adopted a pre-arranged stock trading plan in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and Talbots policies regarding stock...
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Lots of Ways to Invest Like Warren Buffett
Wednesday, October 13, 2010 - 3:44pm | 726Billionaire Warren Buffett is the second richest American. As most investors know, he is the head of Berkshire Hathaway (BRK-A), the highest priced stock and one of the most successful companies during the last half-century. The company also has Class B shares (BRK-B), currently trading around 83....
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Wednesday's Put/Call Ratio Leaders (STJ, URBN, LUV, NWSA, TSN)
Wednesday, October 13, 2010 - 12:50pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. St. Jude Medical (NYSE: STJ) 5,007 puts, 92 calls 2. Urban Outfitters (NASDAQ: URBN) 8,078 puts, 405 calls 3. Southwest Airlines (NYSE: LUV) 2,723 puts, 139 calls 4. News Corp. (...
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QE & Bullish Trend 10-12-2010
Tuesday, October 12, 2010 - 6:10pm | 696Cusick's Corner Is the Fed going to "QE" and is this their last bullet? Answer -- Yes. How long can this move to the upside last (whether the Fed does or does not ease in the States)? If unemployment stays above 9.5-10% and if the developing counties decide to become projectionists, this bullish...
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Expectations, Earnings Help Cause VIX Drop 10-12-2010
Tuesday, October 12, 2010 - 2:58pm | 976Cusick's Corner The earnings cycle is upon us and some big names are set to kick off this cycle today and tomorrow. Now some traders may be becoming a little complacent after the VIX, (CBOE Volatility Index) dropped yesterday from the mid 20's (22.18) to 19 -- with that kind of a drop would look...
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Gap To Dump New Logo, Revert To Old
Tuesday, October 12, 2010 - 1:23pm | 121Gap (NYSE: GPS), founded in 1969 as a the Woodstock generation left Woodstock for home as the company likes to say, has succumbed to customer pressure to keep its old logo. The clothing company said that it “looks for new ways to connect to customers around the world.” One of those must be to allow...
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Bears Shopping at Urban Outfitters (URBN)
Tuesday, October 12, 2010 - 10:53am | 153Shares of Urban Outfitters, Inc. (NASDAQ: URBN) are lower on the session by 2.13%, currently trading at $30.16. The stock has been moving largely lower over the past six months, off from a recent high near $40.75. Shares are now trading below the 18, 50, and 200-day moving averages. Options...
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Gymboree Downgraded To Average
Tuesday, October 12, 2010 - 10:23am | 23Caris & Company has downgraded Gymboree (NASDAQ: GYMB) from Buy to Average with a $68 price target.
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GE Introduces 1-Megawatt Solar Inverter
Tuesday, October 12, 2010 - 10:16am | 51GE (NYSE: GE) today introduced a one-megawatt (MW) solar inverter at Solar Power International 2010. The new inverter, the largest in GE's portfolio, is available in both 50- and 60-hertz versions, making it suitable for applications worldwide.