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Stocks Going Ex Dividend the Third Week of April 2010
Wednesday, April 7, 2010 - 12:12am | 673Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Taking Profits in Limited Brands
Tuesday, April 6, 2010 - 1:48pm | 203Limited Brands (NYSE: LTD) has been running higher and higher for the past five months, but has stutter-stepped as of late after encountering selling pressure near $26. I have been bullish on the name for quite some time, both in the common equity as well as in the long-term bonds, but it is hard...
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Southern Company Evenly Poised - Analyst Blog
Tuesday, April 6, 2010 - 10:00am | 322We continue to rate shares of The Southern Company (SO) a Neutral, and are maintaining our target price of $35. The Southern Company is the premier energy company serving the Southeast U.S. It remains a leader in power plant productivity, cost control (operating and construction), and...
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Pre-Market Outlook; U.S. Equity Market (BEXP, SLB, TNK)
Tuesday, April 6, 2010 - 8:07am | 161Shares of the following companies may see some unusual movements in trading today, according to Bloomberg. Brigham Exploration Company (NASDAQ: BEXP), an independent exploration, development and production company, plans to issue 13 million shares. The proceeds from the offering will be used to...
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The Retail ETF Is Banking On Positive Reports From Retailers This Week
Monday, April 5, 2010 - 6:53pm | 2126“Several retailers are reporting earnings this week and positive sentiment from these companies will continue to fuel the year-to-date rise in the SPDR S&P Retail ETF (NYSE: XRT). (XRT) rose by 16% in the year through March and this performance was strong enough to earn it a spot on my list of...
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Retail Stocks Jumped On April 1 On Fall In First-Time Jobless Claims
Monday, April 5, 2010 - 7:47am | 251Retail stocks rose on April 1 after first-time jobless claims fell last week. Meanwhile, the four-week average plunged to its lowest level since September 2008. By the end of the trading day, the S&P Retail Index gained .4% to 451.61. The top gainer in the retailing sector was Borders Group...
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Xcel Enters Power Purchase Deal - Analyst Blog
Thursday, April 1, 2010 - 12:34pm | 414Xcel Energy Inc. (XEL), through its subsidiary Public Service Company of Colorado (PSCo), entered into a power purchase agreement (PPA) with Renewable Energy Systems Americas Inc. (RES Americas). Under the agreement, PSCo will buy 252.2 megawatts (MW) of power from RES America’s Cedar Point Wind...
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AnnTaylor Continues To Run (ANN)
Thursday, April 1, 2010 - 12:02pm | 113AnnTaylor (NYSE: ANN) continues to receive positive comments from analysts and shares touched a new 52-week high today on the heels of another upgrade. Jeffries & Co. analyst Randall Konik lifted his rating on AnnTaylor to Hold from Underperform. Konik wrote in an investor note that "we were...
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FBR Capital Markets Upgrades The Finish Line, Inc. (FINL) To Outperform Rating
Thursday, April 1, 2010 - 10:05am | 147Analysts Eric Tracy and Kelly Duval at FBR Capital Markets have upgraded The Finish Line, Inc. (NASDAQ: FINL) to Outperform rating. The price target for The Finish Line, Inc. stock has been established at $19. Analysts believe that visibility to sustained positive top-line growth, coupled with...
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Stocks To Focus On April 1 (KMX, JOSB, MOV, RAD, SCHL)
Thursday, April 1, 2010 - 6:25am | 219The stocks that could be in focus today are: Wall Street expects Jos A Banks Clothiers Inc (NASDAQ: JOSB) to record earnings for the latest quarter at $1.78 per share. JOSB will declare its results before the markets open. JOSB gained 5.67% in yesterday’s trading. CarMax Inc (NYSE: KMX) is...
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Abercrombie & Fitch Regains Its Swagger (ANF, JCG, ARO)
Wednesday, March 31, 2010 - 12:01pm | 168Abercrombie & Fitch (NYSE: ANF) is getting its mojo back after reaching a new 52-week high this morning. The teen retailer struggled during the recession as it was late to cut prices and its fashion became stale. Competitors such as J. Crew (NYSE: JCG) and Aeropostale (NYSE: ARO) swept in and...
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Jos. A. Bank Hits All-Time High On Stellar Earnings (JOSB)
Wednesday, March 31, 2010 - 10:52am | 89Jos. A. Bank (NASDAQ: JOSB) reported fiscal 2009 results a day before the scheduled release of its fourth-quarter results and said its 2009 profit soared 22 percent. Jos. A. Bank said its 2009 earnings were $71.2 million, or $3.84 per share. In 2008 the company earned $58.4 million, or $3.17 per...
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Jefferies & Company Identifies Retail Names Offering Growth
Wednesday, March 31, 2010 - 10:04am | 203Jefferies & Company’s analysis of consumer discretionary companies finds that only 12 are “guiding to 10%+ unit growth in 2010 - and of those, just five are delivering positive SSS including Buffalo Wild Wings (NASDAQ: BWLD), Citi Trends (NASDAQ: CTRN), Ulta Salon, Cosmetics & Fragrance (...
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Company News for March 31, 2010 - Corporate Summary
Wednesday, March 31, 2010 - 9:16am | 209• Peabody Energy (NYSE:BTU) submitted a non-binding proposal to buy Australia's MacArthur's Coal for $3 billion. MacArthur's Coal rejected the bid, citing growing demand for coal • Rite Aid (NYSE:RAD) reported a fourth quarter loss of 24 cents a share, wider than the Zacks expectations of a 19...
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Gainers and Losers On March 30 (WEDC, IRE, BIOF, WLK, HNR, GNVC, CHRS, MPG, BBI, LDK)
Wednesday, March 31, 2010 - 7:36am | 339Markets just about managed to stay in the black yesterday. The stocks that made significant contributions to the markets are: Gainers White Electronic Designs Corp (NASDAQ: WEDC) soared 27.8% after Microsemi Corp (MSCC) announced the acquisition of the chip manufacturer for roughly $100 million....