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Wunderlich Has Buy On StanCorp Financial Group (SFG)
Monday, April 18, 2011 - 7:29am | 162Wunderlich Securities has a Buy rating and a $50 price target on shares of StanCorp Financial Group, Inc. (NYSE: SFG). In a note to clients, Wunderlich writes, "We reiterate our Buy rating and price target of $50, or 1.1x 2011E book value of $44.45, on shares of StanCorp Financial Group (SFG)....
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Deckers Outdoor Corporation Appoints Stephen Murray as President, EMEA (DECK)
Monday, April 18, 2011 - 7:16am | 186Deckers Outdoor Corporation (NASDAQ: DECK) announced today the appointment of Stephen Murray as the company's President of Europe, Middle East and Africa, effective June 1. Murray will oversee Deckers' subsidiary and distributor businesses which include the UGG Australia, Teva, Tsubo and Simple...
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BofA/Merrill Downgrades GPS To Neutral
Monday, April 18, 2011 - 6:46am | 49Analysts at BofA/Merrill downgrade Gap Inc (NYSE: GPS) from “buy” to “neutral.” The target price for GPS is set to $23. GPS shares gained 1.08% to close at $22.47 on Friday. More Analyst Ratings here
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CEOWORLD Daily Business Roundup- JNJ, CHK, AMD, T, AXP, AAPL, INTC, JPM, GOOG, LLY, CSCO…
Saturday, April 16, 2011 - 7:47am | 1985Johnson & Johnson Inc. (JNJ) is in talks to buy Swiss medical-device maker Synthes Inc. $20 billion. Charles Schwab (SCHW) a discount broker, declared boosted profit for the first quarter as earnings reached $243.00 million, or $0.20 per share, from a year earlier $6.00 million, or a lesser...
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Weird Dynamic at Play 04-15-2011
Friday, April 15, 2011 - 3:35pm | 980Cusick's Corner The market is up, bonds are up, earnings were mixed and the data was in line -- the trend is still strong. Bonds and Equities going up at the same time is a weird dynamic, one that traders are watching closely because this breaks from their contradictory nature that they usually...
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Five Stocks Charlie Sheen Would Love (MW, JOSB, RICK, MGM, LVS)
Friday, April 15, 2011 - 1:43pm | 445Charlie Sheen, the bad boy of Hollywood, had risen to fame on the wings of his father's fame, as well as a large number of scandals. Recently he got fired from Warner Bros. but that didn't stop him from reaching a record number of Twitter followers. In his most popular show - Two and a Half Men –...
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Calls Purchased on American Eagle Outfitters (AEO)
Friday, April 15, 2011 - 11:04am | 125Shares of American Eagle Outfitters (NYSE: AEO) are higher on the session by 1.98%, currently trading at $15.95. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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Sterne Agee Neutral On Christopher & Banks Corporation (CBK)
Friday, April 15, 2011 - 10:18am | 304Sterne Agee has a Neutral rating and a $7 price target on shares of Christopher & Banks Corporation (NYSE: CBK). In a note to clients, Sterne Agee writes, "Specific Q1 guidance was not offered but guidance includes a mid single-digit decline in comps with gross margins off 900-1000 bp with SG...
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American Eagle Ticks Higher On Takeover Rumors (AEO)
Friday, April 15, 2011 - 10:11am | 17American Eagle Ticks Higher On Takeover Rumors (NYSE: AEO)
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UPDATE: Goldman Sachs Lowers PT on Urban Outfitters to $31 (URBN)
Friday, April 15, 2011 - 9:23am | 104Goldman Sachs is out with its report today on Urban Outfitters (NASDAQ: URBN), lowering its PT from $34 to $31. In a note to clients, Goldman Sachs writes, "Our EPS estimates are unchanged, but we lower our six-month target price to $31 from $34 using multiples consistent with somewhat higher near...
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Benzinga's Top Pre-Market NASDAQ Losers (INFY, GOOG, URBN, SIFY)
Friday, April 15, 2011 - 8:09am | 115Infosys Technologies Limited (NASDAQ: INFY) dipped 8.92% to $66.50 in the pre-market session. INFY reported downbeat Q4 revenue. Google Inc (NASDAQ: GOOG) lost 5.53% to $546.50 in the pre-market session. GOOG reported weaker-than-expected Q1 earnings. Urban Outfitters Inc (NASDAQ: URBN) moved...
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Piper Jaffray Reiterates Neutral Rating On Christopher & Banks
Friday, April 15, 2011 - 8:05am | 117According to Piper Jaffray, Christopher & Banks (NYSE: CBK) Neutral rating is reiterated. Piper Jaffray reported that it is reiterating its Neutral rating on CBK shares following the company's FQ4 earnings report in which FQ1 gross margin was guided down 900-1,000 bps y/y. “With inventory per...
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Jefferies Downgrades URBN To Underperform, Lowers PT To $25
Friday, April 15, 2011 - 7:58am | 113Jefferies has downgraded Urban Outfitters Inc. (NASDAQ: URBN) to Underperform from its previous rating of Hold. It has also lowered its price target on the stock from $31 to $25. Both of these are based upon the sudden exit of brand President Stephen Murray. In the report, Jeffries states, “Today'...
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Citi Raises FL PT To $26
Friday, April 15, 2011 - 7:52am | 94Citi has issued a report raising the Price Target of Foot Locker (NYSE: FL) from $25 to $26 a share. According to the report, “We see continued outstanding sales momentum in April on a combination of compelling basketball shoe launches, lightweight running products (new entrants, Nike Free...
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Citi Upgrades FINL To Buy
Friday, April 15, 2011 - 7:49am | 99Citi has issued a report upgrading Finish Line Inc (NASDAQ: FINL) from Hold to a Buy Rating. According to the report, “We upgrade FINL to Buy from Hold following our 4/13/11 Citi meeting with management as we believe con't sales and margin upside/acceleration is likely and on a ~15x multiple...