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UBS Likes URBN
Thursday, December 10, 2009 - 11:31am | 73Today, Roxanne Meyer of UBS has added Urban Outfitters, Inc. (NASDAQ: URBN) to its Most Preferred list. Roxanne believes Roxanne shares have seen a bit of a pullback in the past week, and we view the 10Q release as an attractive buying opportunity if URBN indicates that Nov/early December trends...
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Benzinga’s Top Gainers (BIG, STLY, AMD, TLB, FLOW)
Wednesday, December 9, 2009 - 4:45pm | 308Discount retailer Big Lots (NYSE: BIG) posted record third quarter earnings, a development that boosted its shares. EPS for the quarter came in at 27 cents, compared to 15 cents in the same period last year. Net sales in the quarter were up a little over 1%. The company anticipates it will net $1....
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Men's Wearhouse (MW) Stock Breaks Below 200 Day And 50 Day MA
Wednesday, December 9, 2009 - 2:11pm | 82Men’s Wearhouse, Inc. (NYSE: MW) slipped by 12 percent to $19.19 after diving by 16% intra-day, the most intraday since January 2008. The apparel retailer Men’s Wearhouse Inc. (MW) forecast a Q4 loss of at least 15 cents a share. Men’s Wearhouse Inc. (MW) plunged below the 20 day, 50 day and 200...
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TLB Strengthens its Balance Sheet
Wednesday, December 9, 2009 - 1:53pm | 132Analysts at Credit Suisse maintain their “neutral” rating on The Talbots Inc (NYSE: TLB), while raising their estimates for the company. The target price for TLB has been raised from $7 to $9. Talbots has announced a transaction that would effectively lead to a merger between TLB and BPW. The...
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Benzinga’s Biggest Losers (PIP, ADAT, KR, SVU, AIB)
Wednesday, December 9, 2009 - 1:26pm | 206Movado Group, Inc (NYSE: MOV) has plunged 18.25% to $8.87 on 1.13 million shares after Movado posted a lower-than-expected adjusted quarterly profit, hurt by high levels of destocking as retailers continued to focus on very tight inventory control. U.S. Concrete, Inc. (NASDAQ: RMIX) fell 9.24% to $...
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Benzinga’s Top Pre- Market Losers (MW, NCS, CKR, MDAS, MOV)
Wednesday, December 9, 2009 - 9:29am | 286The Men's Wearhouse, Inc. (NYSE: MW) decreased $3.54 or 16.21% to $18.20 after Men's Wearhouse reported Q3 net income rose to $19.7 million, or 37 cents a share, from $14.6 million, or 28 cents a share, in the a year ago period. Revenue increased to $462 million from $459.7 million in the same...
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Small Wind Energy Market to Double in Size by 2013, Forecasts Pike Research
Wednesday, December 9, 2009 - 8:21am | 94Small wind power systems, an often under appreciated segment of the broader renewable distributed energy generation (RDEG) industry, are finding an increasing number of niche applications in residential and commercial markets. According to a recent report from Pike Research, the global small wind...
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Benzinga’s Top Gainers (RWC, TLB, MNI, GLG, QDHC)
Tuesday, December 8, 2009 - 12:00pm | 218RELM Wireless Corporation (AMEX: RWC)has soared 86.50% to $4.50 on 2.65 million shares after RELM announced that it has been named as a contractor under a contract issued by the U.S. Internal Revenue Service (IRS). Today, RWC made a new 52-week high of $5.75. The Talbots, Inc. (NYSE: TLB) has...
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Benzinga's Earnings Preview (KR, AZO, CKR, MTN, MW, SAI)
Tuesday, December 8, 2009 - 6:52am | 186The Kroger Co. (NYSE: KR) is expected to report third-quarter earnings of 37cents a share on revenue of $17.69 billion. Friday, KR closed at $22.85. AutoZone, Inc. (NYSE: AZO) is projected to report fiscal first-quarter earnings of $2.66 a share on $1.59 billion of revenues. In yesterday’s session...
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Michael Orkin’s View and Bets (VZ, AMT, AAPL, AMED, HOG, ADS, CHS)
Monday, December 7, 2009 - 3:08pm | 252Michael Orkin, CEO at Caldwell & Orkin, has his largest long positions in Verizon Communications (NYSE: VZ), American Tower (NYSE: AMT) and Apple (NASDAQ: AAPL). They all have performed well, up collectively more than 20% for the year. Orkin's short positions, Zions Bancorp (NASDAQ: ZION),...
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Omnicell's New Contract - Analyst Blog
Monday, December 7, 2009 - 1:48pm | 325Omnicell, Inc. (OMCL) recently entered into a new contract with Carolinas HealthCare System (CHS) whereby the latter has selected Omnicell’s OmniRx automated medication dispensing cabinets (ADCs) to streamline management of medications in its hospitals. Carolinas HealthCare System is the largest...
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Fast Money Picks For December 7th (FTO, EMN, PLCE, AMAT)
Friday, December 4, 2009 - 7:19pm | 107CNBC's Fast Money Joe Terranova thinks that buying Frontier Oil Corporation (NYSE: FTO) is the best way to start a new week. Frontier Oil (FTO) jumped 1.06% on Friday. Guy Adami wants to short Eastman Chemical (NYSE: EMN), while Karen Finerman is keen on Children's Place (NASDAQ: PLCE). Children's...
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Lazard Recommends Buy For TJX Companies (TJX) With Price Target Of $46
Friday, December 4, 2009 - 4:10pm | 82Lazard Capital Markets has issued a Buy recommendation for TJX Companies (NYSE: TJX) with a price target of $46 (Current price: $37.26). Lazard noted that TJX was an absolute and relative standout among its peer group and was tied with Ross Stores, Inc. (NASDAQ: ROST). TJX is an every day low-...
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Optimistic View on Abercrombie & Fitch (ANF)
Friday, December 4, 2009 - 3:27pm | 119Goldman Sachs(NYSE: GS) is optimistic and recommends a buy on Abercrombie & Fitch (NYSE: ANF) despite a disappointing November. There was a substantial pickup in sales in the final week, month’s comps are not good, but not as bad as feared by GS. Sales grew by 9% in November on sq ft growth of...
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Ross Stores Promotes Executives, Expands Responsibilities
Friday, December 4, 2009 - 3:20pm | 118A series of promotions in top management was announced today by discount retailer Ross (NASDAQ: ROST). Three executives, Barbara Rentler, Michael O’Sullivan and James Fassio, were promoted to president. The three replace Michael Balmuth, who is to remain as the company’s CEO. In addition to their...