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S&P Downgraded Pacific Sunwear (PSUN) to Sell From Hold
Tuesday, March 23, 2010 - 6:01pm | 131S&P downgraded Pacific Sunwear, (NASDAQ: PSUN) from a Hold to Sell, as reported in the Mar.24, edition of The Outlook. In addition to the reason S&P stated for the downgrade, the stock is up 25%, year to date. Before one-time items, Pacific Sunwear posted a January-quarter per-share loss...
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S&P Downgraded Pacific Sunwear (PSUN) to Sell From Hold
Tuesday, March 23, 2010 - 1:07pm | 131S&P downgraded Pacific Sunwear, (NASDAQ: PSUN) from a Hold to Sell, as reported in the Mar.24, edition of The Outlook. In addition to the reasons S&P stated for the downgrade, the stock is up 25%, year to date. Before one-time items, Pacific Sunwear posted a January-quarter per-share loss...
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FBR Capital Markets Top Specialty Retail Picks (ANF, TLB, URBN)
Tuesday, March 23, 2010 - 11:41am | 223FBR Capital Markets released a detailed report on the specialty retail sector today. The firm's top picks, all rated Outperform, in this sector are Abercrombie & Fitch (NYSE: ANF), The Talbots (NYSE: TLB), and Urban Outfitters (NASDAQ: URBN). FBR analysts wrote that customer reception at ANF...
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Urban Outfitters, Inc. (URBN) Maintains Outperform Rating; Price Target Raised
Monday, March 22, 2010 - 10:29am | 138Analysts Adrienne Tennant and Simeon Siegel at FBR Capital Markets have released an update Urban Outfitters, Inc. (NASDAQ: URBN). Analysts expect the company to file its 2009 10K on April 1. Analysts believe that comp trends across the company will remain strong throughout the quarter as the...
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Ascendere Associates LLC Long/Short Focus List: March 19, 2010
Sunday, March 21, 2010 - 11:03pm | 1979(A pdf of this report is available here.) We are taking our proven methodology used to rebalance the Ascendere Long/Short Model Portfolio of 80-100 stocks on a monthly basis, and using it to generate weekly trading ideas. While introducing some noise, it is also uncovering some good stocks. For...
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Anticipating Major Wall Street Ratings and Estimate Actions
Friday, March 19, 2010 - 3:40pm | 421For new readers, please see our recent report where we anticipated recent Wall Street ratings and estimate actions via focus lists and deeper fundamental research reports. For example, on March 8 we noted that Domtar Corp. (UFS) was worth special attention as a long idea. A week later, Goldman...
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Stern Agee Raises Shoe Carnival (SCVL) Price Target To $27
Friday, March 19, 2010 - 10:44am | 184Stern Agee analyst Sam Poser maintained his Buy rating for shares of Shoe Carnival, Inc. (Nasdaq: SCVL) and raised the price target to $27. Poser wrote that a solid execution of strategy by Shoe Carnival's management, along with a beneficial product cycle led to significant growth rates for the...
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Movers and Shakers On March 18 (CAR, DPTR, MDTH, NKE, SMRT, GME, SCVL, CMRG, CRAI, PQ, SFY)
Friday, March 19, 2010 - 8:36am | 319Some of the stocks that made ripples in the US stock market yesterday are: Avis Budget Group Inc (NYSE: CAR) advanced 8.6% following an upgrade in rating by Barclays PLC from “equal weight” to “over weight.” Delta Petroleum Corp (NASDAQ: DPTR) soared 30% after the company announced that it would...
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Fast Money Picks For March 19th (AA, MYL, TJX, UNG)
Thursday, March 18, 2010 - 8:35pm | 131Tim Seymour said on CNBC's Fast Money that he will be selling shares of Alcoa (NYSE: AA) tomorrow. He bought the stock on Monday. Alcoa (AA) closed at $14.30 today, with a decline in price of 1.11%. It gained 5.85% since Monday. Mylan Inc. (NASDAQ: MYL) is Guy Adami's pick and Karen Finerman still...
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Benzinga’s Volume Movers (FNSR, MDTH, SMRT, PANL, TEVA)
Thursday, March 18, 2010 - 3:01pm | 264Finisar Corporation (NASDAQ: FNSR) shares climbed 7.01% to $15.12. The volume of FNSR shares traded was 648% higher than normal. FNSR has increased the amount of publicly offered stock, priced at $121 million. Read more about this company here. MedCath Corporation (NASDAQ: MDTH) shares jumped 26....
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Shoe Carnival Inc. (SCVL) All Set To Move Into Bullish Zone
Thursday, March 18, 2010 - 1:35pm | 110Shoe Carnival Inc. (NASDAQ: SCVL), a seller of shoes and accessories, has reported a Q4 profit, helped by lower expenses and improving sales. Shoe Carnival Inc. (SCVL) also forecast first-quarter results better than analysts’ estimates. Shoe Carnival Inc. (SCVL) moved up by 7.35% to $23.50 by mid-...
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Credit Suisse On Guess: "Growth Stock With A Value Multiple" (GES)
Thursday, March 18, 2010 - 1:03pm | 116Last night, Guess (NYSE: GES) reported 4Q09 EPS of $0.96, which beat consensus estimates by $0.15. According to analysts at Credit Suisse, this was a high quality earnings beat driven by accelerating sales (+14%) and strong gross margins. In their research note, CS analysts wrote that "management's...
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Guess? (NYSE: GES) Retains Overweight Rating
Thursday, March 18, 2010 - 9:28am | 101Analysts at Piper Jaffray reiterated their Overweight rating for Guess? (NYSE: GES). They explain, “We are reiterating our Overweight rating on GES shares following the company’s FQ4 report and initial outlook for 2010. We think shares deserve at least a group average multiple (17x) and could...
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Benzinga’s Top Pre-Market Gainers (NKE, TEVA, SMRT, BRCM)
Thursday, March 18, 2010 - 8:27am | 261NIKE, Inc. (NYSE: NKE) gained 4.01% to $73.72 in the pre-market session. NIKE was upgraded today by FBR Capital from Market Perform to Outperform and the price target increased from $67 to $84. NKE made a new 52 week high at $71.33 in the previous trading session. In the last six months, NKE has...
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U.S. Equity Market Preview (CAH, CLC, GES, MLHR, NKE)
Thursday, March 18, 2010 - 8:02am | 291Shares of the following companies may see unusual movements in trading on Thursday, according to Bloomberg. Cardinal Health, Inc. (NYSE: CAH), which is the second biggest drug distributor in U.S., won a $206.4 million contract from U.S. defense department, according to a statement posted by the...