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Stocks To Watch For August 9
Tuesday, August 9, 2011 - 1:54am | 276Some of the stocks that may grab investor focus today are: Wall Street expects Walt Disney Company (The) (NYSE: DIS) to report its FQ3 EPS at $0.73 on revenue of $10.45 billion. DIS shares fell 0.48% to $32.87 in after-hours trading. Take-Two Interactive Software Inc (NASDAQ: TTWO) reported a FQ1...
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What's Hot On TheStreet?
Monday, August 8, 2011 - 12:28pm | 262Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Should You Trust S&P or the U.S. Government? Standard & Poor's historic downgrade of U.S. debt was a calculated move by the credit-rating agency to get out in front of a growing debt problem. But...
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Rodman & Renshaw Maintains Market Perform on MGM Resorts International
Monday, August 8, 2011 - 8:29am | 124Rodman & Renshaw is out with its report today on MGM Resorts International (NYSE: MGM), maintaining Market Perform. In its report, Rodman & Renshaw writes, "MGM had a nice run from just below $12 in late June to nearly $16 in late July as expectations grew for a solid 2Q report. Reality...
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US Stock Futures Down On S&P Downgrade
Monday, August 8, 2011 - 3:40am | 357US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 175 points to 11,227.00 and S&P 500 index futures fell 18.90 points to 1,178.90. Nasdaq 100 futures dropped 37.25 points to 2,149.75. US...
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Earnings Scheduled For August 8
Monday, August 8, 2011 - 2:50am | 413Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...
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Stocks To Watch For August 8
Monday, August 8, 2011 - 2:01am | 210Some of the stocks that may grab investor focus today are: Wall Street expects Live Nation Entertainment Inc (NYSE: LYV) to report its Q2 EPS at $0.02 on revenue of $1.32 billion. LYV shares dipped 3.79% to close at $9.38 on Friday. Analysts are expecting Tyson Foods Inc (NYSE: TSN) to have...
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Market Losers as of 10am
Friday, August 5, 2011 - 9:19am | 317CoreLogic (NYSE: CLGX) is trading down over 27% after being cut to Neutral at Bank of America. Brocade Communications (NASDAQ: BRCD) is trading down over 27% after being cut to Market Perform at Oppenheimer. Pacific Biosciences (NASDAQ: PACB) is trading down over 19.9% after being cut to Neutral at...
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UPDATE: Sterne Agee Lowers PT on WMS Industries from $37.50 to $33
Friday, August 5, 2011 - 8:31am | 92Sterne Agee has published a research report on WMS Industries (NYSE: WMS) lowering the price target by $4.50. In the report, Sterne Agee wrote, "WMS reported FY4Q11 adjusted EPS results of $0.44, $0.08 below consensus. We believe 4Q11 investor expectations were slightly higher, but not by much....
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Credit Suisse Downgrading WMS Industries
Friday, August 5, 2011 - 8:24am | 143Credit Suisse is out with a research report on WMS Industries. Inc. (NYSE: WMS) and is downgrading shares to Neutral and cutting the price target to $24 from $48. In a note to clients, Credit Suisse writes, "WMS reported 4Q11 EPS of $0.44 versus our estimate of $0.56 and consensus of $0.53. We...
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KeyBanc Downgrades WMS Industries to Hold
Friday, August 5, 2011 - 7:37am | 58KeyBanc downgraded its rating on WMS Industries (NYSE: WMS) from Buy to Hold. At the moment, the rating agency does not have a price target placed on the company's stock. On Thursday, WMS closed the day at $25.28. Its shares lost 7.24% of their value in today's pre-market trading to stand around $...
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KeyBanc Downgrades WMS Industries To Hold, Removes PT
Friday, August 5, 2011 - 7:13am | 27KeyBanc Capital Markets has downgraded WMS Industries (NYSE: WMS) from Buy to Hold and has removed its price target.
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UPDATE: J.P. Morgan Lowers PT on WMS Industries to $25
Friday, August 5, 2011 - 7:02am | 99J.P. Morgan is out with its report today on WMS Industries (NYSE: WMS), lowering its PT from $31 to $25. In its report, J.P. Morgan writes, "Our year-end 2011 price target goes to $25 from $31. Our price target assumes that WMS can trade at 15x F2012E EPS of $1.65. Our target multiple assumption...
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Morgan Stanley Reiterates Equal-Weight and PT of $17 on MGM Resorts
Friday, August 5, 2011 - 6:13am | 61Morgan Stanley reiterated its Equal-weight rating on MGM Resorts (NYSE: MGM). At the same time, the rating agency left its price target on the company's stock unchanged at $17. On Thursday, MGM lost 10.78% of its value to finish the day at $12.66. Its shares continued to slide in today's pre-market...
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JP Morgan Lowers PT On WMS Industries To $25
Friday, August 5, 2011 - 5:11am | 27JP Morgan has lowered the price target on WMS Industries (NYSE: WMS) from $31 to $25 and maintains its Neutral rating.
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Options Brief: Boyd Gaming
Thursday, August 4, 2011 - 9:06am | 92Shares of Boyd Gaming (NYSE: BYD) are lower on the session by 3.84%, trading at $7.55. Overall call volume is now running at 2.40x the daily average, with 2% of all calls traded being purchases on the offer. 5,541 contracts have traded on the session so far. Boyd Gaming Corporation is a multi-...