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Goldman Raises Price Target On AutoZone
Wednesday, December 8, 2010 - 8:36am | 88Goldman Sachs raised its price target on AutoZone Inc. (NYSE: AZO) to $258 from $246, but has a Sell rating on stock after the company reported earnings. In a note sent to investors Goldman writes, "AZO's 1Q11 quarter encompasses seven weeks of AAP and ORLY's 4Q; we see positive read-across of...
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Goldman Sachs Raises CarMax PT From $32 To $34
Wednesday, December 8, 2010 - 8:29am | 46Goldman Sachs said that its12-month price target on CarMax Inc. (NYSE: KMX) increases from $32 to $34 on “our higher estimates and mark-to-market of the relative P/E portion of our price target analysis.” CarMax Inc. closed Tuesday at $34.53.
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Top 4 Small-Cap Stocks In The Consumer Services Industry With The Highest EPS Estimates (UNF, MNRO, UTA, NTRI)
Wednesday, December 8, 2010 - 4:29am | 147Below are the top small-cap consumer service stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Unifirst Corporation (NYSE: UNF) for the next year ending August, 2012 is $ 3.73 per share. UNF's PEG ratio is 1.30. Monro Muffler Brake Inc (...
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AutoZone Beats, Profits Up 20% - Analyst Blog
Tuesday, December 7, 2010 - 9:15pm | 525AutoZone Inc. (AZO) recorded a 20.1% increase in profit to $172.1 million in the first quarter of its fiscal 2011 from $143.3 million in the same quarter of the prior fiscal year. On earnings per share basis, profits of $3.77 were higher than $2.82 in the year-ago quarter and the Zacks Consensus...
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AutoZone Beats, Profits Up 20% - Analyst Blog
Tuesday, December 7, 2010 - 5:48pm | 525AutoZone Inc. (AZO) recorded a 20.1% increase in profit to $172.1 million in the first quarter of its fiscal 2011 from $143.3 million in the same quarter of the prior fiscal year. On earnings per share basis, profits of $3.77 were higher than $2.82 in the year-ago quarter and the Zacks Consensus...
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Market Roundup
Tuesday, December 7, 2010 - 1:38pm | 210Shares of The Pep Boys - Manny, Moe & Jack (NYSE: PBY) gained about 5.1% as the company reported more than two-fold y/y rise in its Q3 profit. The company posted better-than-expected Q3 earnings. Shares of PBY have advanced 61% year-to-date. US airline stocks dropped, as crude-oil reached $90...
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News Summary (AET, AZO, MMM)
Tuesday, December 7, 2010 - 10:39am | 160Shares of Aetna Inc (NYSE: AET) gained about 0.2% after the company announced its plans to purchase Medicity for $500 million. Aetna said, “Medicity offers a broad range of products and services that enable health systems, hospitals, physician practices and health information exchanges to securely...
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Company News for December 7, 2010 - Corporate Summary
Tuesday, December 7, 2010 - 10:33am | 459• The US government sold off its Citigroup (NYSE: C) stake with a $12 billion gross profit for taxpayers at a price of $4.35 per Citi share, on 2.4 billion shares • AGL Resources (NYSE: AGL) announced plans to acquire Nicor (NYSE: GAS) for $8.6 billion total value, or $53 per share • AT&T's (...
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Company News for December 7, 2010 - Corporate Summary
Tuesday, December 7, 2010 - 10:27am | 459• The US government sold off its Citigroup (NYSE: C) stake with a $12 billion gross profit for taxpayers at a price of $4.35 per Citi share, on 2.4 billion shares • AGL Resources (NYSE: AGL) announced plans to acquire Nicor (NYSE: GAS) for $8.6 billion total value, or $53 per share • AT&T's (...
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A Peek Into The Market Before The Trading Starts
Tuesday, December 7, 2010 - 8:48am | 548Pre-open movers US stock futures are higher, this morning as President Barack Obama agreed on a deal with the Republican Party in order to extend tax cuts for the coming two years for all Americans. Futures on the Dow Jones Industrial Average advanced 76 points to 11,429 and S&P 500 futures...
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AutoZone Beats Estimates With $3.77 EPS (AZO)
Tuesday, December 7, 2010 - 8:15am | 259AutoZone, Inc. (NYSE: AZO) on Tuesday morning released financial results that beat Wall Street expectations. AutoZone, Inc reported that its 1st quarter net income climbed 20.1% to $172.1 million, or $3.77 per share, up from $143.3 million, or $2.82 per share, a year earlier. The company's revenue...
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Earnings Scheduled For December 7 (HRB, TLB, AZO, MTN, MW, AVAV, AHCI, COO, LAYN, MIND, TTC)
Tuesday, December 7, 2010 - 4:32am | 292H&R Block (NYSE: HRB) is expected to report a Q2 loss of $0.38 per share on revenue of $339.54 million. Talbots (NYSE: TLB) is projected to post its earnings at $0.26 per share on revenue of $303.11 million in the third quarter. AutoZone Inc (NYSE: AZO) is likely to report its Q1 EPS at $3.40...
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Stocks To Watch For December 7 (AZO, HRB, PBY, TLB, MTN)
Tuesday, December 7, 2010 - 4:04am | 189Some of the stocks that may grab the investor focus today are: Wall Street expects AutoZone Inc (NYSE: AZO) to report its Q1 EPS at $3.40. AZO shares lost 0.08% to $261.70 in after-hours trading. Analysts expect H&R Block (NYSE: HRB) to report a Q2 loss of $0.38 per share. HRB shares fell 1.06...
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Pep Boys Trading Higher in After-Hours Trading
Monday, December 6, 2010 - 5:43pm | 139After reporting 3.5% comps and a net earnings double of $0.11 from $0.04 per share in the same period last year, Pep Boys (NYSE: PBY) is trading higher in after-hours trading today. Pep Boys' comparable store sales increase consisted of a 1.9% comparable service revenue increase and a 3.9%...
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Pep Boys Reports Third Quarter EPS of $.11
Monday, December 6, 2010 - 5:32pm | 75The Pep Boys — Manny, Moe & Jack (NYSE: PBY) today announced results for the third quarter and nine months ended October 30, 2010. Sales for the third quarter of fiscal 2010 increased by $23.7 million, or 5.0%, to $496.4 million from $472.6 million for the third quarter of fiscal 2009. Net...