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Benzinga After Hours Gainers (ESRX, LTD, RDN)
Wednesday, February 24, 2010 - 6:09pm | 145Among the notable names that are moving higher in the after hours trading session are Express Scripts (NASDAQ: ESRX), Limited Brands (NYSE: LTD), and Radian Group (NYSE: RDN). Express Scripts (ESRX) is trading 8.51% higher after releasing a very bullish earnings report. Limited Brands (LTD) has...
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Limited Brands Posts Profits That Aren't So Limited (LTD)
Wednesday, February 24, 2010 - 5:51pm | 143Limited Brands, Inc. (NYSE: LTD) is seeing a boost in the after hours as shares are tacking on an additional 3.76% gain from today's 3.16% gain at the close. Shares of the company are at $22.35 in after hours trading upon closing yesterday at $20.88. LTD reported EPS of $1.08 versus $0.05 last year...
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TJX (TJX) Reports Better-Than-Expected Q4 Profit
Wednesday, February 24, 2010 - 5:04pm | 95TJX (NYSE: TJX) reported Q4 net income of $395 million (94 cents per share), compared to $250.7 million (58 cents per share) in Q4 2008. Q4 sales rose 10% to $5.94 billion while comparable-store sales increased 12%. The company forecast profit of $3.06 to $3.20 per share for this year and 60 cents...
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TJX's Profit Up 58% (TJX)
Wednesday, February 24, 2010 - 4:24pm | 116TJX (NYSE: TJX) has reported impressive Q4 results. Its fourth-quarter profit soared 58 percent. TJX recorded $5.9 billion in revenue, which is 10 percent above last year's figure. However, it missed the Street estimate of $6 billion. The company showed strong performance managing its inventory and...
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Chico's FAS (CHS) Earns Profit, Starts Dividend Payments
Wednesday, February 24, 2010 - 9:29am | 103Chico's FAS Inc. (NYSE: CHS) reported on Wednesday that it had swung to a 4th quarter profit of $17.5 million, or 10 cents per share, from a loss of $40.5 million, or 23 cents per share, the prior year. Sales rose to $435.7 million from $373.4 million. According to a survey by FactSet Reseach, the...
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Benzinga’s Earnings Roundup (SJM, CHS, GRMN, TRI)
Wednesday, February 24, 2010 - 9:15am | 324The J.M. Smucker Company (NYSE: SJM) reported today a third-quarter net income of $135.5 million, or $1.14 per share, from $77.9 million, or $0.68 per share, for the same quarter last year. Sales climbed 2% to $1.2 billion for the quarter. Analysts expected SJM to report earnings of $1.04 per share...
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Trade Ideas for February 24, 2010
Wednesday, February 24, 2010 - 8:03am | 379After yesterday's resounding victory for the bears, today we got a market heading into the open that is slightly negative and could be looking to extend yesterday's decline. With consumer confidence hitting a 10-month low, there are a lot of people on edge as to whether we are truly out of the...
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Limited Brands, Inc.’s (LTD) Coverage Initiated With A Buy Rating
Tuesday, February 23, 2010 - 5:52pm | 114Analysts Roxanne Meyer and Janice Ong at UBS (NYSE: UBS) have initiated coverage for Limited Brands, Inc. (NYSE: LTD) with a Buy rating, in a report released yesterday. Analysts have set a 12-month price target of $25 for the Limited Brands, Inc. stock. Analysts believe the company’s focus on...
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Company News for February 23, 2010 - Corporate Summary
Tuesday, February 23, 2010 - 10:12am | 285• Home Depot (NYSE:HD) announced its first dividend increase since 2006 after reporting better-than-expected earnings of 24 cents a share, versus Zacks consensus of 16 cents a share, on revenues of $14.57 billion, ahead of Zacks estimates of $14.05 billion. The company said it sees 2010 earnings...
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Investing In Dividend Stocks Is The Route To Stable Returns (IBM, WMT, MCD, ROST, TUP, PRSC, TIF, THOR)
Tuesday, February 23, 2010 - 8:17am | 210In an article published on CNBC, Dan Veru, Palisade executive vice president and CO-CIO of Capital Management, said that returns from the stock market this year are likely to lag far behind last year’s figures. He believes that it is going to be all about “stock selection and picking the right...
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Stock Portfolio Update
Monday, February 22, 2010 - 9:46pm | 231My Goodness! Bust out the Champagne, because the market finally closed down today! You know you need a little "pick-me-upper" when you get aroused by a 2 point decline in the S&P. My gosh these bulls can really wear me out. Nonetheless, it is two days in a row now of positive gains for my...
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My Stock Portfolio Update
Monday, February 22, 2010 - 9:04pm | 212My Goodness! Bust out the Champagne, because the market finally closed down today! You know you need a little "pick-me-upper" when you get aroused by a 2 point decline in the S&P. My gosh these bulls can really wear me out. Nonetheless, it is two days in a row now of positive gains for my...
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Specialty Retail Sector Update (ANN, TLB, URBN, AEO, ARO)
Monday, February 22, 2010 - 8:26pm | 128Analyst Roxanne Meyer at UBS (NYSE: UBS) has released an update on the Specialty Retail sector. According to UBS, markdowns are down for about 50% of retailers in its coverage compared to last year. UBS believes that while there are some markdowns on early spring goods, they are not as aggressive...
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Benzinga’s Top Upgrades (GUID, CRM, EEFT, TLB, BEAT)
Monday, February 22, 2010 - 2:39pm | 197Guidance Software Inc (NASDAQ: GUID) was upgraded by Benchmark from “hold” to “buy.” GUID’s shares gained 6.72% to $5.40 at 1:03 a.m. GUID has a 52-week trading range of $2.57-$6.11. GUID’s shares have lost 3.44% year to date. Caris & Company upgraded Salesforce.com (NYSE: CRM) from “above...
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Brean Murray Upgrades J. Crew
Monday, February 22, 2010 - 2:14pm | 106Brean Murray, Carret & Co. upgraded shares of apparel retailer J. Crew (JCG) to ''buy'' from ''hold'' noting that the clothing chain is well-positioned to benefit as consumers start parting with their money again. The research firm placed a $50 price target on the stock, representing nearly 25...