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Autozone Climbs as Earnings Approach
Wednesday, May 12, 2010 - 4:46pm | 360Autozone (AZO) Climbs as Earnings Approach Despite a slight sell off down to the $175 a share range along with the market swoon Monday this week, the stock of Autozone (AZO)continues to perform and is close once again to a new 52 week high. The stock has moved back to $185 over the past three days...
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4-30-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, April 30, 2010 - 11:43am | 2239Stocks are lower after lower-than-expected GDP rise and Goldman probe U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected. The S&P financial index...
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Celgene Tops, Guides Higher - Analyst Blog
Thursday, April 29, 2010 - 5:00pm | 501Celgene Corporation’s (CELG) first quarter 2010 earnings (excluding special items) of 63 cents per share beat the Zacks Consensus Estimate by 8 cents. The company earned 44 cents (excluding special items) in the year-ago quarter. On a reported basis the company earned 50 cents per share as opposed...
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Deutsche Bank Market Update (ROK, ITRI, ORLY, ILMN)
Thursday, April 29, 2010 - 12:06pm | 110Deutsche Bank (NYSE: DB) released a market update today, covering a number of different stocks. The company upgraded shares of Rockwell Automation (NYSE: ROK) from Sell to Hold. The firm has a $60 price target on the stock. Deutsche Bank analysts raised their estimates and target price on Itron (...
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News Summary (PALM, HPQ, BMY, ORLY)
Thursday, April 29, 2010 - 10:36am | 281The day has started on a good note as the Labor Department reported a decline in the number of people filing initial claims for unemployment benefits by 11,000 in the week ended April 24. US stocks opened higher today, after a decline in jobless claims indicated increasing traction in the economic...
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AutoNation (AN) Beats Estimates
Thursday, April 22, 2010 - 10:21am | 110Auto retailer AutoNation, Inc. (NYSE: AN) announced financial results on Thursday morning that beat Wall Street expectations. AutoNation, Inc. reported that its 1st quarter profit rose to $55.2 million, or 32 cents per share, from $34.6 million, or 20 cents per share, a year earlier. The auto...
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Benzinga’s Top Upgrades (AAP, PGR, UPS, BGFV, AMSC)
Thursday, April 15, 2010 - 9:47am | 173Advance Auto Parts Inc (NYSE: AAP) was upgraded by Wedbush from “neutral” to “outperform.” AAP’s shares gained 7.15% to $45.28. AAP’s shares have gained just 12.11% over the past year. Credit Suisse upgraded Progressive Corp (NYSE: PGR) from “underperform” to “neutral.” PGR’s stock has risen by 15...
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Benzinga’s Top Upgrades (LLTC, TWI, BEBE, PLXT, AAP)
Wednesday, April 14, 2010 - 11:20am | 177Linear Technology Corp (NASDAQ: LLTC) was upgraded by Barclays Capital from “equal weight” to “overweight.” LLTC’s shares gained 3.10% to $30.57. LLTC’s shares have fallen by 2.15% year to date. Sterne Agee upgraded Titan International Inc (NYSE: TWI) from “neutral” to “buy.” TWI’s stock has...
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Advance Auto Parts And Protective Life Upgraded Today
Wednesday, April 14, 2010 - 8:25am | 109Advance Auto Parts, Inc. (NYSE: AAP) was upgraded today by BB&T Capital Markets from Hold to Buy. Advance Auto Parts is now trading at $43, 1.75% up in the pre-market session. AAP closed at $42.26 in the previous trading session. In the last six months, AAP has gained over 10%. Protective...
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Morgan Joseph Raises Price Target For The Pep Boys- Manny, Moe & Jack (PBY)
Friday, April 9, 2010 - 2:04pm | 105Analyst Jeffrey Blaeser at Morgan Joseph has raised the price target for The Pep Boys- Manny, Moe & Jack (NYSE: PBY) to $15. The company reported fourth-quarter EPS of $0.01. Sales in the fourth-quarter benefited from the addition of 24 new stores, according to Morgan Joseph. The new stores...
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AutoNation (AN) Raises First Quarter Guidance
Tuesday, April 6, 2010 - 9:37am | 78Fort Lauderdale, Florida based automobile retailer AutoNation, Inc. (NYSE: AN) announced early on Tuesday that it was raising its 1st quarter profit estimate. AutoNation previously provided guidance that profits would come in at up to 32 cents per share for the quarter ended on March 31. AutoNation...
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The Retail ETF Is Banking On Positive Reports From Retailers This Week
Monday, April 5, 2010 - 6:53pm | 2126“Several retailers are reporting earnings this week and positive sentiment from these companies will continue to fuel the year-to-date rise in the SPDR S&P Retail ETF (NYSE: XRT). (XRT) rose by 16% in the year through March and this performance was strong enough to earn it a spot on my list of...
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Retail Stocks Jumped On April 1 On Fall In First-Time Jobless Claims
Monday, April 5, 2010 - 7:47am | 251Retail stocks rose on April 1 after first-time jobless claims fell last week. Meanwhile, the four-week average plunged to its lowest level since September 2008. By the end of the trading day, the S&P Retail Index gained .4% to 451.61. The top gainer in the retailing sector was Borders Group...
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Auto Sales Are Rebounding
Thursday, April 1, 2010 - 3:02pm | 188It looks like things are getting better for the auto industry. According to the Wall Street Journal, sales increased for Ford, General Motors, and Toyota during the month of March. GM's quarterly sales were up 43%, Toyota's 41% and Honda's 40% over the previous year. The good news was not only...
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CarMax Beats Street Estimates (KMX)
Thursday, April 1, 2010 - 10:45am | 148This morning prior to the opening bell, CarMax (NYSE: KMX) released their fourth quarter earnings numbers. The Richmond, Virginia based company reported net income of $75.4 million or $0.33 per share, compared to $37.5 million or $0.17 per share in last year's fourth quarter. Net sales increased to...