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BoA Rates CarMax (KMX) As A Buy
Monday, December 14, 2009 - 1:44pm | 143Bank of America Merrill Lynch (NYSE: BAC)(FREE stock trend analysis) initiated a coverage on CarMax (NYSE: KMX)(FREE stock trend analysis) with a Buy rating and has set a price target of $26. CarMax has been in operation since 1993 and was listed in 1997. The company predominantly focuses on the...
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Benzinga’s Top Upgrades (CP, TER, CSCO, AZO, RSH)
Monday, December 14, 2009 - 12:37pm | 227Canadian Pacific Railway Limited (USA)(FREE stock trend analysis) (NYSE: CP)(FREE stock trend analysis) was today upgraded by BB&T Capital Markets from Underweight to Hold. Canadian Pacific Railway Limited is now trading at $54.81, 2.60% up. Today, CP made a new 52-week high of $54.81. Teradyne...
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PBY Posts Inline Results for Q3
Thursday, December 10, 2009 - 3:02pm | 139Analysts at Argus maintain their "buy" rating on Pep Boys - Manny, Moe & Jack (NYSE: PBY)(FREE stock trend analysis), while reducing their estimates for the company. The target price for PBY is set to $12. PBY has reported its 3Q09 results inline with the estimates and the consensus. Pep Boys...
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Options Trading Ideas for Week Ending December 15
Wednesday, December 9, 2009 - 2:25pm | 287Analysts at Goldman Sachs expect the S&P500 realized volatility to continue to subside till the end of the year. The macroeconomic model indicated that realized volatility may remain within the 13%-18% range in December, inline with the average levels realized in December over the past 35 years...
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AZO November Results to be Ahead of the Consensus
Wednesday, December 9, 2009 - 2:04pm | 142Analysts at Goldman Sachs maintain their “neutral” rating on AutoZone Inc (NYSE: AZO). The target price for AZO is set to $155. According to Goldman Sachs, AZO’s November quarter EPS would be ahead of the consensus, driven by lower interest expenses, higher EBIT margins and more share repurchases....
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Celgene Presents Revlimid Data - Analyst Blog
Wednesday, December 9, 2009 - 12:02pm | 339Celgene Corporation (CELG) announced recently that its cancer drug Revlimid reduced the risk of progression of the disease in newly diagnosed patients with multiple myeloma (MM) by 50%. The data was presented at the 51st American Society of Hematology’s annual meeting in New Orleans. The data...
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Celgene to Expand - Analyst Blog
Tuesday, December 8, 2009 - 11:47am | 467Celgene Corporation (CELG) recently announced that it will purchase the privately held Gloucester Pharmaceuticals for $340 million in cash coupled with $300 million in future milestone payments. The deal is aimed at bolstering Celgene’s portfolio of cancer drugs. The transaction, which has been...
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Company News for December 08, 2009 - Corporate Summary
Tuesday, December 8, 2009 - 10:15am | 234• Boeing (NYSE:BA) much-awaited first Dreamliner flight is likely to happen as early as next week • Cadbury (NYSE:CBY) may formally reply to Kraft's (NYSE:KFT) $16 billion bid on December 14 • CF Industries (NYSE:CF) increased its hostile bid for Terra Industries (NYSE:TRA) to $36.75 from $32 cash...
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Benzinga's Earnings Preview (KR, AZO, CKR, MTN, MW, SAI)
Tuesday, December 8, 2009 - 6:52am | 186The Kroger Co. (NYSE: KR) is expected to report third-quarter earnings of 37cents a share on revenue of $17.69 billion. Friday, KR closed at $22.85. AutoZone, Inc. (NYSE: AZO) is projected to report fiscal first-quarter earnings of $2.66 a share on $1.59 billion of revenues. In yesterday’s session...
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AZO November Results to be Ahead of the Consensus
Monday, December 7, 2009 - 3:41pm | 142Analysts at Goldman Sachs maintain their “neutral” rating on AutoZone Inc (NYSE: AZO). The target price for AZO is set to $155. According to Goldman Sachs, AZO’s November quarter EPS would be ahead of the consensus, driven by lower interest expenses, higher EBIT margins and more share repurchases....
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Benzinga's Earnings Preview (CASY, BTH, CMM, PBY, LAYN, KMGB)
Monday, December 7, 2009 - 6:13am | 196Casey's General Stores, Inc. (NASDAQ: CASY) is expected to report second-quarter earnings of 60 cents a share on revenue of $1.2 billion. Friday, CASY closed at $30.77. Blyth, Inc. (NYSE: BTH) is projected to report third-quarter earnings of 28 cents a share on $218.93 million of revenues. In...
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Earnings Update, December 4 (BIG, PBY, CASY)
Friday, December 4, 2009 - 3:58pm | 215Discount retailer Big Lots (NYSE: BIG) posted record third quarter earnings. Adjusted EPS for the quarter came in at 27 cents, compared to 15 cents in the same period last year. Net sales in the quarter were up a little over 1%. The company anticipates it will net $1.09-1.14 in 4Q; its guidance for...
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Angiox Label Expanded - Analyst Blog
Thursday, December 3, 2009 - 11:45am | 401The Medicines Company (MDCO) recently received positive news in the form of a label expansion for Angiox in the EU. The European Commission granted approval for the use of Angiox as an anticoagulant in patients with heart attacks [ST-segment elevation myocardial infarction (STEMI)] undergoing...
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Longtop Financial: Using Vertical Option Spreads to Capture the Next Move
Monday, November 23, 2009 - 10:05am | 1748With the market trading relatively flat on November options expiration Friday, there were several stocks that hit my radar which traded higher on BIG volume. In this post, I will name 11 stocks which traded higher Friday November 20, 2009. I will be checking these stocks frequently to see if...
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Benzinga's Earnings Preview (ANN, SJM, DHI, CRMT, KIRK)
Friday, November 20, 2009 - 6:12am | 123AnnTaylor Stores Corp. (NYSE: ANN) is expected to report third quarter earnings of 7 cents a share, according to a consensus survey by FactSet Research. The J.M. Smucker Company (NYSE: SJM) is forecast to post earnings of $1.04 a share in the second quarter. D.R. Horton, Inc. (NYSE: DHI) is...