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US Stock Futures Slightly Up As Investors Await Jobless Claims Data
Thursday, March 31, 2011 - 6:28am | 440US stock futures are slightly higher this morning, as investors are awaiting jobless claims data. Futures for the Dow Jones Industrial Average gained 10 points to 12,296.00 and S&P 500 index futures rose 0.20 point to 1,324.10. Nasdaq 100 futures added 1.25 points to 2,335.75. US stocks closed...
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Earnings Scheduled For March 31 (KMX, CASC, WOR, GPN, RBN, LWSN, XRTX, FC, RECN, KKD, DMAN)
Thursday, March 31, 2011 - 12:45am | 291CarMax Inc (NYSE: KMX) is expected to report its Q4 EPS at $0.38 on revenue of $2.17 billion. Cascade Corporation (NYSE: CASC) is projected to post its Q4 earnings at $0.71 per share on revenue of $103.09 million. Worthington Industries Inc (NYSE: WOR) is estimated to report its Q3 EPS at $0.25...
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Stocks To Watch For March 31 (KMX, WOR, HSY, GPN, LWSN)
Thursday, March 31, 2011 - 12:36am | 251Some of the stocks that may grab investor focus today are: Wall Street expects CarMax Inc (NYSE: KMX) to report its Q4 EPS at $0.38 on revenue of $2.17 billion. KMX shares gained 1.39% to $35.07 in after-hours trading.. Analysts are expecting Worthington Industries Inc (NYSE: WOR) to have earned...
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Options Brief: O'Reilly Automotive (ORLY)
Monday, March 28, 2011 - 1:11pm | 81Shares of O'Reilly Automotive (NASDAQ: ORLY) are lower on the session by 1.26%, trading at $57.39. Overall put volume is now running at 11.82x the daily average, wit 0% of all puts traded being purchases on the offer. 2,010 contracts have traded on the session so far. O'Reilly Automotive, Inc....
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Oppenheimer Reports Concern For KMX
Friday, March 25, 2011 - 9:14am | 91Oppenheimer has issued a report regarding their concern for Carmax (NYSE: KMX). According to Oppenheimer, “Investors continue to significantly underappreciate the longer term earnings power of KMX. CarMax will report Q4 (Feb.) results on Mar. 31st. We are somewhat concerned that even a solid...
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Puts Purchased on CarMax, Inc. (KMX)
Tuesday, March 22, 2011 - 11:09am | 132Shares of CarMax, Inc. (NYSE: KMX) are lower on the session by 3.08%, currently trading at $32.78. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...
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eBooks Experience Surge in Sales
Friday, March 18, 2011 - 1:41pm | 171Sales of eBooks increased by more than 115% in January this year compared to the same time the year before, according to a report by the Association of American Publishers (AAP). Released Thursday, the report said sales in January 2011 hit US$69.9 million, compared to US$32.4 million the year...
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Benzinga's Top Downgrades (AN, CDCS, AUXL, AEO)
Friday, March 18, 2011 - 8:21am | 147AutoNation Inc (NYSE: AN) was downgraded by Credit Suisse from "outperform" to "neutral." AN's shares closed at $33.17 yesterday. AutoNation's trailing-twelve-month profit margin is 1.82%. Macquarie downgraded CDC Software Corporation (NASDAQ: CDCS) from “outperform” to “neutral.” CDCS' stock...
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Former Board Chair of Circuit City, Carmax, Joins Star Scientific Board
Thursday, March 17, 2011 - 9:42am | 89Star Scientific, Inc. (Nasdaq: CIGX) announced today that Richard L. Sharp has been elected to the company's board of directors. Mr. Sharp, who will serve as an independent director, is the former CEO and Chairman of Circuit City, the electronics retailer and Carmax (NYSE: KMX). He currently...
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Sonic Automotive Says Not Expecting Disruption from Japan Disaster to Its Business over the Remainder of Q1 and Early Q2
Thursday, March 17, 2011 - 8:54am | 128Sonic Automotive, Inc. (NYSE: SAH) comments on Japan earthquake impact on Sonic: "We await further news as these companies continue to evaluate the impact of these events on their supply chain and manufacturing capacity. Between inventory we have on the ground and what is available from the...
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CarMax Reports February Credit Data, Goldman Maintain Neutral
Wednesday, March 16, 2011 - 9:16am | 172Goldman Sachs has published a research report on CarMax (NYSE: KMX) after the company reported its February credit data. In the report, Goldman Sachs writes "We expect strong F4Q comps though note more subprime customers could match a used car purchase this year with the timing of an actual tax...
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Energy Development Corporation (EDC) Bulls Ready To Be Awaken
Monday, March 14, 2011 - 3:03pm | 739Energy Development Corporation or EDC in the Philippine Stock Exchange has been consolidating sideways for 5 months now after a good run up since 2009. Fortunately, it could be set for another move higher as it appeared to have formed what looks like a symmetrical triangle during...
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Benzinga's Top Downgrades (SWHC, AN, HANS, ESLR)
Friday, March 11, 2011 - 8:43am | 145Smith & Wesson Holding Corporation (NASDAQ: SWHC) was downgraded by Merriman from "buy" to "neutral." SWHC's shares closed at $3.89 yesterday. SWHC's trailing-twelve-month ROE is -17.01%. Morgan Stanley downgraded AutoNation Inc (NYSE: AN) from “overweight” to “underweight.” AN's stock closed...
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Nickel Asia Corporation (NIKL) Bound To Drop
Thursday, March 10, 2011 - 3:08pm | 608Nickel Asia Corporation had its initial public offering (IPO) in the Philippine Stock Exchange last November 22 with “NIKL” as its stock code. The stocks had an IPO value of PHP15.00 then went all the way up to PHP23.00 within 3 months. From there on, it started reversing its...
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WTI Crude Oil Could Reach $110.00 Per Barrel
Thursday, March 3, 2011 - 8:45pm | 759The price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will it continue to go higher? Let us see. In my last post on WTI crude oil last February 1, 2011 (kindly see it here), it was only exchanging...