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Advance Auto Parts Downgraded to Market Perform at FBR Capital
Monday, November 8, 2010 - 11:14am | 35Advance Auto Parts (NYSE: AAP) is Downgraded from Outperform to Market Perform at FBR Capital. The analysts raised their price target on Advanced Auto Parts from $64 to $70.
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Couple Of Short Interest ETFs (KRE, XRT)
Friday, November 5, 2010 - 5:09pm | 293SPDR KBW Regional Banking ETF (NYSE: KRE) has a high short interest, as does SPDR S&P Retail ETF (NYSE: XRT). ETFs with high short interests are generally in sectors or names that people do not believe will see any meaningful appreciation anytime soon. The retail sector is one such sector. XRT...
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America's Car-Mart Completes $90M Financing Package
Friday, November 5, 2010 - 12:40pm | 123America's Car-Mart, Inc. (Nasdaq: CRMT) announced that the Company and its operating subsidiaries have entered into a Loan and Security Agreement with a group of lenders providing credit facilities totaling $90.0 million to replace the Company's existing credit facilities. The lending group...
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CF Industries Posts Mixed Quarter - Analyst Blog
Friday, November 5, 2010 - 11:07am | 719CF Industries Holdings Inc. (CF) reported net earnings of $48.2 million or $0.67 per share during the third quarter of 2010 compared with $38.5 million or $0.78 per share during the same quarter last year. Reported figures included a non-cash mark-to-market loss of $25.7 million on natural gas...
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Lithia Motors Inc. - Value
Thursday, November 4, 2010 - 2:33pm | 681Americans have long had a love affair with the automobile which even the Great Recession couldn't squelch for forever. Lithia Motors (LAD) is cashing in on the resurgence in auto demand as new vehicle sales jumped 8% in the third quarter. Lithia Motors is a good barometer on the health of the...
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CarMax Hiring for 1,200 Store Positions
Wednesday, November 3, 2010 - 11:02am | 40CarMax, Inc. (NYSE: KMX) is currently recruiting for more than 1,200 store positions in locations across the country as part of the company's seasonal staffing needs as well as its announced expansion plans.
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Top 4 NYSE Stocks In The Services Sector With The Highest EPS Estimates (WPO, BH, AZO, MA)
Wednesday, November 3, 2010 - 3:30am | 144Below are the top service stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Washington Post Company (The) (NYSE: WPO) for the next year ending December, 2011 is $27.66 per share. WPO's PEG ratio is 0.53. Biglari Holdings Inc (NYSE: BH) is expected to earn...
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Tuesday's Mid-day Options Volume Leaders (BAC, AAPL, C, LVS, POT)
Tuesday, November 2, 2010 - 11:30am | 133The overall market is levitating today ahead for the November election results, as well as the much anticipated Fed QE2 announcement. It will be interesting to see if we break to new highs after those events. Currently, the S&P 500 (CBOE: SPX) is trading at $1,192.29, higher by 7.91 points…...
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Morgan Stanley Trims Estimates On AutoNation
Tuesday, November 2, 2010 - 10:09am | 144Morgan Stanley is trimming estimates on AutoNation (NYSE: AN) based on a "noisy" quarter. It is rolling forward the 3Q miss and lowering expectations for 4Q, while trimming 2011e to $1.95 from $2.00 due to the lower starting point in 2010. While 3Q fell short of expectations, particularly with...
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Benzinga's Top Performing Industries (ROIAK, MVG, SIRI, SLW, SSRI, AXU, IPI, KMX)
Friday, October 29, 2010 - 6:01pm | 194Broadcasting - Radio industry jumped 4.22% on Friday, and in the space Radio One, Inc. (NASDAQ: ROIAK) led the gainers with an increase of 7.41%. Sirius XM Radio Inc. (NASDAQ: SIRI) spiked 5.08%, and closed at $1.50. Silver industry also had a good trading session. It traded 3.46% higher, and Mag...
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Stock Market News for October 29, 2010 - Market News
Friday, October 29, 2010 - 10:03am | 1145Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.'s downbeat earnings and its tepid full-year outlook wiped off market's initial advance that was fueled by a surprise drop in initial claims. The...
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Fast Money Traders Give Their Opinions On LVS, MMM, AN And USU
Thursday, October 28, 2010 - 7:25pm | 223CNBC Fast Money's, Guy Adami thinks that Las Vegas Sands Corp. (NYSE: LVS) is going higher, but he doesn't want to rush in and buy it tomorrow. He wants to wait for it to come down after today's huge move higher. Las Vegas Sands (LVS) gained 8.69% on better than expected 3Q results. Joe Terranova...
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Penske Automotive Group Appoints New Director
Thursday, October 28, 2010 - 4:44pm | 98Penske Automotive Group, Inc., (NYSE: PAG), an international automotive retailer, today announced that Yoshimi Namba has been appointed to its Board of Directors. Mr. Namba fills a vacancy created by the resignation of Hiroshi Ishikawa from the PAG Board. Mr. Ishikawa will continue in his role as...
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AutoNation Misses Expectations - Analyst Blog
Thursday, October 28, 2010 - 4:33pm | 679AutoNation Inc. (AN) reported a 9% fall in net income to $58.5 million for the third quarter of 2010 from $64.4 million in the year-ago period. However, on earnings per share basis, profit rose 8% to 39 cents from 36 cents in the third quarter of 2009 as the company had 149.6 million shares...
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Celgene Tops, Lifts View - Analyst Blog
Thursday, October 28, 2010 - 4:21pm | 605Celgene Corporation's (CELG) third quarter 2010 earnings (excluding special items but including stock-based compensation expense) of 65 cents per share was above the Zacks Consensus Estimate by 1 cent and the year-ago earnings by 17 cents. On a reported basis (including special items), the...