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Top Day Trader Alerts (ANF, AKNS, ABK, AIG, CTIC, IS, HD, NFLX, SPRD, WMT)
Tuesday, May 18, 2010 - 9:07am | 396The head of sovereign debt rating is leaving Moody’s (NYSE: MCO). The company has been under withering criticism for its evaluations of mortgage-backed debt and paper issued by the treasuries of independent country’s. Moody’s recently downgraded Greece, Spain, and Portugal–better late than never....
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Today’s Best Market Rumors (5/18/2010)
Tuesday, May 18, 2010 - 9:06am | 396The head of sovereign debt rating is leaving Moody’s (NYSE: MCO). The company has been under withering criticism for its evaluations of mortgage-backed debt and paper issued by the treasuries of independent country’s. Moody’s recently downgraded Greece, Spain, and Portugal–better late than never....
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Abercrombie & Fitch (ANF) Sales Climb, Loss Narrows
Tuesday, May 18, 2010 - 8:06am | 92Abercrombie & Fitch Co. (NYSE: ANF) on Tuesday morning released financial results that were in line with Wall Street expectations. Abercrombie & Fitch Co. reported that it narrowed its 1st quarter loss to $11.8 million, or 13 cents per share, from a loss of $59.2 million, or 68 cents per...
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ANF Posts Narrower Q1 Losses, But Misses Estimates
Tuesday, May 18, 2010 - 8:05am | 107Abercrombie & Fitch Company (NYSE: ANF) losses narrowed in Q1 as the company’s sales improved across the globe. The New Albany, Ohio-based company said that its Q1 losses narrowed to $11.8 million, or $0.13 a share, as compared to losses of $59.2 million, or $0.68 a share, incurred a year...
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Stocks To Watch For May 18 (HPQ, WMT, SKS, ANF, HD)
Tuesday, May 18, 2010 - 6:25am | 186Some of the companies that may grab investor focus today are: Hewlitt-Packard (NYSE: HPQ) is expected to report an EPS of $1.05 for the fiscal second quarter. HPQ’s shares gained 0.61% to $47.81 in after hours trading. Analysts are expecting Wal-Mart (NYSE: WMT) to have earned $0.85 in the first...
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Call Action Heats Up in Foot Locker (FL)
Monday, May 17, 2010 - 2:23pm | 102Shares of Foot Locker (NYSE: FL) are on the rise today, currently higher by 0.42% at $14.21, and are attracting some bullish call buying as well. The May $15 call was purchased over 1,089 times today. This pushed overall call volume in the name to 2.05x the daily average with 70% of all calls...
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Breadth Horrid
Friday, May 14, 2010 - 2:51pm | 367For a -2.2% day the breadth is horrific. I have multitudes of watch lists with not 1 green name (that is not an inverse ETF). Granted the Russell 2000 is -3% so the action is worse than the large caps indicate but generally you still have 5 to 10% of your stocks up, unless it's one of those -4%+...
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URBN’s Shares To Come Under Pressure
Friday, May 14, 2010 - 2:09pm | 133Analysts at Wedbush Morgan reiterate their "neutral" rating on Urban Outfitters (NASDAQ: URBN). The target price for URBN is set to $40. URBN posted its Q1 EPS slightly below the estimates “due to higher-than-expected SG&A.” The analysts think that the URBN could be under pressured from “(1)...
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Stock Market News for May 14, 2010 - Market News
Friday, May 14, 2010 - 9:39am | 423Stocks tumbled in the final hours of trading Thursday as cautious comments from Cisco CEO John Chambers and department store operator Kohl’s Corp.’s unimpressive outlook gave investors reason to pull money out of the market. Absence of market-moving catalysts also weighed on sentiments even as...
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US Stocks Tumbled Yesterday, Led By The Consumer-Discretionary Sector
Friday, May 14, 2010 - 5:13am | 273US stocks plunged yesterday in the wake of disappointing earnings guidance and results reported by the consumer-discretionary sector retailers Kohl's (NYSE: KSS) and Urban Outfitters (NASDAQ: URBN). Additionally, a positive outlook from Cisco Systems (NASDAQ: CSCO) could not revive investor...
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Benzinga's After Hours Gainers (SPLS, BBBY, AMGN, ANF, EK, LTD)
Thursday, May 13, 2010 - 5:52pm | 365Retail names are getting a boost in the after hours after being hit hard during today's market session. The Dow Jones Industrial Average closed 113.96 points lower at 10,782.95. The S&P 500 finished 14.24 points down at 1,157.43. Among the after hours movers today are Staples (NASDAQ: SPLS),...
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Retailers Slip After Earnings (URBN, KSS)
Thursday, May 13, 2010 - 1:55pm | 141Shares of some retailers are down today after reporting earnings. Urban Outfitters (NASDAQ: URBN) reported first quarter earnings today that topped expectations but shares fell. The company reported earnings of 31 cents per share, ahead of the 30 cents Wall Street was expecting. Gross profit margin...
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URBN Q1 Results Beat Street Expectations On Lower Markdown Rates
Thursday, May 13, 2010 - 10:28am | 183Urban Outfitters Inc (NASDAQ: URBN) has reported huge improvement in its Q1 results, in comparison with the to the last year’s quarter. The strong results were driven by fewer discounts to customers. URBN has posted its healthy Q1 net profit, which jumped 72% to $53 million, or $0.31 per share,...
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Stock Market News for May 13, 2010 - Market News
Thursday, May 13, 2010 - 10:17am | 584Stocks closed sharply higher Wednesday, erasing last week’s steep losses, as Spain announced sweeping measures to curtail spending and debt-strapped European countries’ problems showed signs of easing. A slew of positive economic data and IBM’s increased profit outlook added to bullish sentiments...
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Company News for May 13, 2010 - Corporate Summary
Thursday, May 13, 2010 - 10:16am | 131• Goldman Sachs (NYSE:GS) added US Steel (NYSE:X) to its Conviction Buy List • Bernstein cut Devon Energy’s (NYSE:DVN) rating to "market perform" • HSBC (NYSE:HBC) lowered Semiconductor Manufacturing’s (NYSE:SMI) rating to "underweight" • Kohl's (NYSE:KSS) posted first quarter earnings of 64 cents...