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Stocks To Watch For May 20 (SPLS, GME, DELL, FL, INTU)
Thursday, May 20, 2010 - 6:41am | 189Some of the stocks that may grab investors focus today are: Wall Street expects Staples (NASDAQ: SPLS) to post an EPS of $0.27 for the first quarter. SPLS dipped 1.87% to close at $21.54 yesterday. GameStop (NYSE: GME) may report an EPS of $0.47 for the first quarter. GME’s shares gained 0.03% to...
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Benzinga's After Hours Decliners (LTD, NTES, PETM)
Wednesday, May 19, 2010 - 6:56pm | 224Among the notable after hours decliners today are Limited Brands (NYSE: LTD), NetEase.com (NASDAQ: NTES), and PetSmart (NASDAQ: PETM). All of these companies reported their quarterly earnings after the closing bell this afternoon. Limited Brands (LTD) reported EPS of $0.25 compared to estimates of...
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Limited Brands Reports Earnings; Shares Fall in the After-Hours
Wednesday, May 19, 2010 - 4:42pm | 123Shares of Limited Brands Inc. (NYSE: LTD) are trading lower in the after-hours after the company reported earnings that beat Street estimates. Limited Brands said that Q1 EPS came in at $0.25 (excluding non-reoccurring items) on revenue of $1.93 billion. The Street was looking for $0.19 per share...
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Hot Topic Report Earnings; Shares Fall After-Hours
Wednesday, May 19, 2010 - 4:11pm | 117Shares of Hot Topic Inc. (NASDAQ: HOTT) are off by 1.23%, currently trading $6.45, after the company reported earnings. Hot Topic said that EPS came in at $0.04; this compares to earnings of a $0.03 in the same quarter the year prior. The first quarter of fiscal 2010 results include a loss per...
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ANF Continues To Be A Long Term Buy
Wednesday, May 19, 2010 - 10:46am | 185Analysts at Goldman Sachs reiterate their "buy" rating on Abercrombie & Fitch (NYSE: ANF), while reducing their estimates for the company. The target price for ANF is set to $54. Although Abercrombie & Fitch met expectations for the quarter, the shares sold off on “sector pressure and...
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Piper Jaffray Lowers Price Target For Abercrombie & Fitch Co. (ANF)
Wednesday, May 19, 2010 - 10:25am | 86Analysts at Piper Jaffray have released an update on Abercrombie & Fitch Co. (NYSE: ANF). The company reported its first-quarter results on Tuesday. Abercrombie & Fitch’s first-quarter results were in-line with estimates. Also, management’s comments suggest that the company is making...
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Goldman Downgrades TJX To Neutral
Wednesday, May 19, 2010 - 6:56am | 39Analysts at Goldman Sachs downgrade TJX Companies (NYSE: TJX) from "buy" to "neutral." TJX fell 3.47% to close at $43.68 yesterday. More Analyst Ratings here
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Stocks To Watch For May 19 (CHS, HRL, LTD, TGT, BJ)
Wednesday, May 19, 2010 - 6:21am | 191Some of the stocks that may grab investor focus today are: Analysts are expecting Chico's FAS Inc (NYSE: CHS) to have earned $0.20 per share in the first quarter. CHS lost 0.56% to $14.08 in after hours trading. Wall Street expects Hormel Foods (NYSE: HRL) to report an EPS of $0.61 for the fiscal...
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Rice Bras May Give Victoria's Secret and Hanes a Run for the Money
Tuesday, May 18, 2010 - 11:50pm | 182The Triumph bra manufacturing company in Japan has come out with their annual unique brassiere, and this year is a great one for women who like to garden. It is called the "Grow-Your-Own Rice Bra", and allows the wearer to grow rice out of the pot cups while wearing them. Watch out Victoria's...
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TJX Companies (TJX) Falls 3.4% After Beating Estimates
Tuesday, May 18, 2010 - 5:28pm | 128Shares of TJX Companies, Inc. (NYSE: TJX) closed Tuesday trading down 3.47% at $43.68 per share. Volume of 15.1 million shares was more than triple the daily average volume of 4.8 million shares. Shares of TJX Companies, Inc. traded between $43.21 and $44.60 per share during the trading day. The...
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Retailers Dip (TJX, ANF, HD)
Tuesday, May 18, 2010 - 1:45pm | 150Retailers are coming under pressure today despite better-than-expected quarterly reports. TJX Companies (NYSE: TJX) reported first-quarter earnings of 80 cents per share, ahead of the 78 cents per share consensus. However, the company issued downside guidance for fiscal year 2011 and said it...
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US Footwear Segment Shows Continuous Growth (C, DKS, FL, BWS, CROX)
Tuesday, May 18, 2010 - 1:16pm | 169Total athletic footwear point-of-sales increased 6.7% y/y in April. It’s the 6th consecutively positive monthly data but the increase rate is down from March’s 21%. In its report tracking the U.S. footwear market, Citi (NYSE: C) has stated that the stellar performance in March was helped by Easter...
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Abercrombie & Fitch Falling After Earnings Report (ANF)
Tuesday, May 18, 2010 - 10:22am | 87Abercrombie & Fitch (NYSE: ANF) reported a net loss of $11.83 or $0.13 per share compared to a loss of $59.24 million or $0.68 per share. This compared with analysts' estimates that the company would report an EPS loss of $0.14. Net sales at Abercrombie (ANF) came in at $687.8 million versus $...
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Stock Market News for May 18, 2010 - Market News
Tuesday, May 18, 2010 - 9:57am | 431U.S. stocks closed with marginal gains on Monday even as Europe’s debt malaise showed no signs of easing. The euro, meanwhile, rebounded from a four-year low against the U.S. dollar as traders picked up the battered currency. Investors were also concerned about how Europe will manage the fiscal...
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Company News for May 18, 2010 - Corporate Summary
Tuesday, May 18, 2010 - 9:57am | 268• Berkshire Hathaway (NYSE:BRKA) cut its exposure in Kraft (NYSE:KFT) by 23% in the first quarter. Kraft shares had rallied yesterday following a Barron's article, which advised the company's Cadbury purchase could help expand revenues and lower costs, a deal which was opposed by Buffett. ...