-
NRG Completes Acquisition - Analyst Blog
Wednesday, June 16, 2010 - 12:42pm | 565Independent power company NRG Energy Inc. (NRG) completed the acquisition of the South Trent wind farm near Sweetwater, Texas after being approved by the Public Utility Commission of Texas (PUCT) on June 11. The announcement of the acquisition was made in March, 2010, and AEP Energy Partners, Inc...
-
Call Spread Purchased on Abercrombie & Fitch (ANF)
Tuesday, June 15, 2010 - 2:07pm | 118Shares of Abercrombie & Fitch Co. (NYSE: ANF) are lower on the session by 1.21%, currently trading at $35.90. The stock has been drifting lower over the past three months and looks like it has found support at the $35 handle. Options trading is favoring the call side today, most of the action...
-
Bearish Sentiment=Good Time To Buy (AEO)
Friday, June 11, 2010 - 3:10pm | 122Art Hogan, director of global equity products at Jeffries, thinks the options market is signaling an overall bearish sentiment in stocks. But, this is a good thing. Hogan says, "If you look at how expensive it is to buy protection right now, that signals that the bearish sentiment has increased...
-
Benzinga’s Top Upgrades (AEO, GSK, IP, PKG)
Friday, June 11, 2010 - 7:43am | 159American Eagle Outfitters (NYSE: AEO) was upgraded by Jefferies from “hold” to “buy.” AEO’s shares closed at $12.68 yesterday. American Eagle Outfitters’ earnings are likely to grow by 16.98% next year. Barclays Capital upgraded GlaxoSmithKline plc (NYSE: GSK) from “equal weight” to “overweight.”...
-
With the Market Tanking, Why are These Three Stocks Up?
Wednesday, June 9, 2010 - 10:45pm | 417Since the beginning of the year, the S&P 500 dropped 6.8%. Just the last couple months, and even the last several day, the stock market has been performing miserably. But amazingly, there are over 60 stocks that have outperformed the S&P 500 by over 50%. How do these companies do it?...
-
Benzinga's After Hours Gainers (MW, SPG, NBR)
Wednesday, June 9, 2010 - 5:48pm | 175Among the notable names that have been moving higher in the after hours trading session on Wednesday are Men's Wearhouse (NYSE: MW), Simon Property Group (NYSE: SPG), and Nabors Industries (NYSE: NBR). Men's Wearhouse (MW) reported earnings after the closing bell, exceeding Wall Street...
-
Cepheid Gets FDA Approval - Analyst Blog
Wednesday, June 9, 2010 - 1:31pm | 333Cepheid (CPHD) recently announced that it received approval from the US Food & Drug Administration (FDA) to market its Xpert SA Nasal Complete, a molecular test, which can simultaneously detect and differentiate staphylococcus aureus (SA) and methicillin-resistant staphylococcus aureus (MRSA)...
-
American Eagle Targets Asian Expansion (AEO)
Wednesday, June 9, 2010 - 10:18am | 127American Eagle Outfitters (NYSE: AEO) announced today plans to open retail stores in Hong Kong and China. The company has signed an exclusive agreement with Dickson Concepts Limited, a leading international retail company that operates more than 400 stores throughout Asia. American Eagle plans on...
-
J.P. Morgan Reiterates Underweight Rating on Shares of The Buckle (BKE)
Wednesday, June 9, 2010 - 9:24am | 143J.P. Morgan is out with an analyst note this morning where they reiterate their Underweight rating on shares of The Buckle Inc. (NYSE: BKE); they have a $35.00 price target on the stock. JPM analysts cited a recent meeting with the company’s CEO, Dennis Nelson. They said they “think comps could...
-
Talbots Improves Margin, Citi Approves
Wednesday, June 9, 2010 - 9:24am | 109Citi analysts Kimberly Greenberger and Nicholas Smith maintained their price target and reiterated a Buy rating for Talbots Inc. (NYSE: TLB) Talbots is an international retailer of women's apparel. Talbots reported a huge 1260 bps gross margin increase. TLB has experienced 11 straight quarters of...
-
Watch SPX Key Support 1050 06-08-2010
Tuesday, June 8, 2010 - 4:07pm | 774Cusick’s Corner Small Caps like the RUT and bigger sectors like Financials and Energies are continuing to pullback -- longs into the Midday are looking pretty beat up. The market action can generally be described as some small buying on new lows, then the market recovers and at the end of a...
-
Canadian Solar's New Farm in Italy - Analyst Blog
Tuesday, June 8, 2010 - 2:39pm | 362Canadian Solar Inc. (CSIQ) announced the completion and commissioning of a solar farm in Italy. The 1 megawatt (MW) SOLARTA installation consists of 4,000 high-performance Canadian Solar CS6P 230-Watt modules capable of producing clean energy with an annual output of 1.18 megawatt hours (MWh), and...
-
J.P. Morgan Says Aeropostale "Cheapest Stock In Retail" (ARO)
Tuesday, June 8, 2010 - 11:54am | 148J.P. Morgan (NYSE: JPM) analysts released a research report on Aeropostale (NYSE: ARO) this morning. They said that the ARO is the "cheapest stock in retail despite strong fundamentals." According to the analysts, "ARO has consistently demonstrated strong comp performance and upside in operating...
-
J.P. Morgan Says Aeropostale "Cheapest Stock In Retail" (ARO)
Tuesday, June 8, 2010 - 11:54am | 148J.P. Morgan (NYSE: JPM) analysts released a research report on Aeropostale (NYSE: ARO) this morning. They said that the ARO is the "cheapest stock in retail despite strong fundamentals." According to the analysts, "ARO has consistently demonstrated strong comp performance and upside in operating...
-
Retailers Weak Today (XRT, TLB, ANN, ANF, JCG, BBY)
Tuesday, June 8, 2010 - 10:47am | 119Retailers are showing weakness today with the SPDR S&P Retail ETF (NYSE: XRT) down 42 cents, or 1.11%, to $37.34. Talbots (NYSE: TLB) is lower by more than 8 percent after reporting earnings that beat expectations and guiding fiscal 2011 EPS above expectations. Othere weak retailers are:...