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Retail Industry Outlook - Sept. 2010 - Industry Outlook
Tuesday, September 14, 2010 - 4:33pm | 1888The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Benzinga's Volume Movers (NUVA, ASMI, ZUMZ, SSRI)
Tuesday, September 14, 2010 - 1:06pm | 164NuVasive Inc (NASDAQ: NUVA) shares moved up 5.67% to $33.35 at 12:32 pm. The volume of NUVA shares traded was 506% higher than normal. NUVA’s quarterly revenue increased 35.20% y/y. ASM International NV (NASDAQ: ASMI)shares rose 2.03% to $23.63. The volume of ASMI shares traded was 488% higher than...
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Retail Sales Better than Expected - Analyst Blog
Tuesday, September 14, 2010 - 10:45am | 1412Retail Sales were better than expected in August. Total retail sales rose 0.4%, a tick better than the 0.3% consensus expectation, and are up 3.6% from a year ago. However, July was revised down from 0.4% growth to 0.3% growth, which makes the overall level of retail sales about where the consensus...
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Mid-Day Market Movers (OICO, CDII, CGL-A, ZUMZ)
Tuesday, September 14, 2010 - 10:36am | 141O I Corporation (NASDAQ: OICO) jumped 46.43% to $12.30 at 10:14 am. ITT Corporation (NYSE: ITT) has entered into a definitive agreement with OICO to acquire all the outstanding shares of OICO for around $29 million. China Direct Industries Inc (NASDAQ: CDII) climbed 25.24% to $1.29.CDII's...
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News Summary (ZUMZ, MDAS)
Tuesday, September 14, 2010 - 10:35am | 166US Energy moved down after posting gains in the earlier session. The NYSE Arca Oil Index (XOI) lost about 0.36%, while the NYSE Arca Natural Gas Index (XNG) moved down about 0.49%. The Philadelphia Oil Service Index (OSX) also dropped about 0.81%. Retail stocks gained after a better-than-expected...
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Zumiez Jumps On Better-Than-Expected Q3 Guidance
Tuesday, September 14, 2010 - 9:45am | 59Shares of Zumiez Inc (NASDAQ: ZUMZ) surged after the company issued upbeat projections for the third-quarter. ZUMZ's shares gained 11.66% to $19:44 at 9:40 am. Zumiez's shares gained 3.32% over the past month and moved up 36.87% so far this year. Read more from Benzinga's Company news.
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Buying (and more buying) in Chubb (NYSE:CB) options
Tuesday, September 14, 2010 - 9:11am | 1609Chubb (NYSE: CB) is a U.S.-based insurance company offering both commercial and personal services. News has been sparse on the firm since its July 22 positive earnings surprise. The stock itself, however, has been quietly strolling higher, up more than 16% since early July to hit a new 52-week...
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Zacks #5 Rank Additions for Tuesday. - Tale of the Tape
Tuesday, September 14, 2010 - 8:45am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alere Inc (ALR) BJ's Wholesale Club Inc (BJ) Brown Shoe Company Inc (BWS) Century Aluminum Company (CENX) CommScope Inc (CTV) View the entire Zacks #5 Rank List. ALERE INC (ALR): Free Stock Analysis Report BJ'S WHOLESALE...
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ZUMZ, Jefferies Raise 3Q Estimates
Tuesday, September 14, 2010 - 6:52am | 113Zumiez, Inc. (NASDAQ: ZUMZ) is raising its 3Q guidance to $0.25-0.27 (from $0.21-0.24) based on its better than expected sales and product margins, Jefferies reports. Jefferies believes that September sales for the specialty retail brand are showing strong trends (including with promotions) and...
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Cramer Sets Rules For New Bullish Market (BA, HON, LVS, WYNN, BUCY, JOYG, APD, ARG, CAT, DE, WHR, INTC, KO, PEP, ETP, WMT, FE, SYK, UA, LULU, DKS, LTD, PBCT, CHK, ARNA, CLNE)
Tuesday, September 14, 2010 - 6:50am | 579On CNBC's Mad Money, Jim Cramer said that the new bullish market requires new rules. Cramer said that the first rule was to not fear the Democrats. He cited President Obama's pro-business agenda. Rule 2 is that banking uncertainty has declined. Cramer explained that the good news for banks globally...
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Jim Cramer's Mad Money Lightning Round Recap (ARNA, FE, SYK, UA, LTD, PBCT, CHK, CLNE)
Monday, September 13, 2010 - 8:47pm | 349CNBC Mad Money's Jim Cramer said on Mad Money Lightning Round that he has no edge on Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), and that is why he doesn't want to pull the trigger on this stock. FDA decision could go in both directions, and Cramer doesn't want to gamble. Arena Pharmaceuticals, Inc...
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Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today - Tale of the Tape
Monday, September 13, 2010 - 9:45am | 350Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acorn International Inc (ATV) Bally Technologies Inc (BYI) The Buckle Inc (BKE) Burger King Holdings Inc (BKC) Capstead Mortgage Corp (CMO) View the entire Zacks #5 Rank List. ACORN INTL-ADR (ATV): Free Stock Analysis...
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JP Morgan's EPS Revisions For Fashion Retail
Monday, September 13, 2010 - 8:54am | 211The Buckle, Inc. (NYSE: BKE) reported earnings that were down in 2Q (down 18% to $0.44, compared to $0.52 this time last year) for the firs time since 2Q2006, JP Morgan reports. JP Morgan is lowering EPS estimates for BKE to $2.60 for 2010E and $2.65 for 2011E and is estimating lower cash balances...
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Limited Brands Sustains Momentum - Analyst Blog
Friday, September 10, 2010 - 5:33pm | 398Limited Brands, Inc. (LTD), a specialty retailer of women’s intimate and other apparel, beauty and personal care products, recently posted better-than-expected sales results for the four-week period ended August 28, 2010. The owner of the Victoria's Secret and Bath & Body Works chains...
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American Eagle Officer Buys 10,000 Shares of AEO
Friday, September 10, 2010 - 4:10pm | 55In a Form 4 filed after the bell today, American Eagle Outfitters (NYSE: AEO) Officer and Director, Roger Markfield, reported that he purchased 10,000 shares of AEO on September 8th for an average price of $13.52. The transaction totaled $135,200. Mr. Markfield owns 295,167 direct shares of AEO....