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Heavy Data Week Ahead - Earnings Preview
Friday, December 10, 2010 - 6:33pm | 4894Earnings Preview 12/10/10 The third quarter earnings season is over, and we will actually start to see a handful of fourth quarter reports next week, those with November fiscal ends. Only 63 firms will report, but 6 of those will be S&P 500 firms. We define any fiscal period ending in November...
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Calls Purchased on RadioShack Corporation (RSH)
Friday, December 10, 2010 - 11:58am | 129Shares of RadioShack Corporation (NYSE: RSH) are higher on the session by 1.22%, currently trading at $19.12. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today...
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Jefferies Maintains Hold Rating Ahead Of Best Buy Earnings Next Week
Friday, December 10, 2010 - 9:31am | 161Jefferies is maintaining its Hold rating on Best Buy (NYSE: BBY). Consensus sales estimates imply about a 2% comp store sales gain, but we think informal expectations have been coming down and margin expectations are high. If sales remain lackluster on strong margins and heavy share buyback,...
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Piper Jaffray Lowers Revenue Estimate on Best Buy
Friday, December 10, 2010 - 9:29am | 125Piper Jaffray is out with its report on Best Buy (NYSE: BBY) after lowering revenue estimates on BBY. In a note to clients, Piper Jaffray writes, "We are lowering our 2H revenue estimate in front of BBY's Q3 earnings report on 12/14/10 based on the belief that weakness in TV and appliance trends...
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Heavy Data Week Ahead - Earnings Preview
Friday, December 10, 2010 - 1:00am | 4894Earnings Preview 12/10/10 The third quarter earnings season is over, and we will actually start to see a handful of fourth quarter reports next week, those with November fiscal ends. Only 63 firms will report, but 6 of those will be S&P 500 firms. We define any fiscal period ending in November...
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HOW MUCH SHOULD YOU RELY ON SENTIMENT SURVEYS?
Thursday, December 9, 2010 - 8:30pm | 1031By Charles Rotblut, CFA & Vice President with AAII The AAII Sentiment Survey was the subject of a Wall Street Journal article this morning. The article discussed the survey's popularity, its limitations (we do not conduct a random sampling) and the correlations between the survey and market...
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17 Stocks that are Breaking Down
Tuesday, December 7, 2010 - 4:04pm | 253Stocks across the board have seen huge increases across the board over the past week, I thought an interesting scan today would be to find those stocks that are going against the tide, especially useful if there is to be any profit-taking in the days ahead. So what I did, is run a scan of stocks...
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These Companies Have Been Bad Bets Since The 90′s Ended
Tuesday, December 7, 2010 - 7:19am | 757The best days for Microsoft (MSFT), Walmart (WMT), and Dell (DELL) are long gone. These stocks were once great growth stocks that turned some long time investors into millionaires in the past. Since 1999 these stocks have still received the same hype from their earlier growth days...
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Benzinga's Top Pre-Market NASDAQ Gainers (CONN, ASCMA, PMCS, CISG)
Friday, December 3, 2010 - 9:42am | 127Conn's Inc (NASDAQ: CONN) rose 8.97% to $4.86 in the pre-market session. CONN had reported better-than-expected Q3 results. Ascent Media Corporation (NASDAQ: ASCMA) added 6.49% to $33 in pre-market trading. Encompass Digital Media, Inc. announced its plans to purchase ASCMA's global content...
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Fast Money Picks For December 3rd (TSL, FDX, PAG, RSH)
Thursday, December 2, 2010 - 8:11pm | 175CNBC Fast Money's Tim Seymour recommended, on the show, Trina Solar Limited (ADR) (NYSE: TSL) as a buy. Trina Solar Limited (ADR) (TSL) gained 1.38% today, and closed at $22.70. Guy Adami thinks that FedEx Corporation (NYSE: FDX) has more room on the upside. FedEx Corporation (FDX) gained 1.30%,...
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Goldman Sachs Lowers RadioShack PT To $22 From $25
Thursday, December 2, 2010 - 10:00am | 49Goldman Sachs has lowered its RadioShack Corporation (NYSE: RSH) 12-month price target to $22 from $25 “based on our estimate cuts and lower valuation assumptions and is derived from risk/reward analysis on relative P/E and DCF.” RadioShack Corporation currently trades at $18.52.
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Conn's, Inc. Completes $375M Refinancing Plan
Wednesday, December 1, 2010 - 12:34pm | 57Conn's, Inc. (NASDAQ: CONN) today reported the completion of its previously announced refinancing plan. The Company successfully completed the refinancing of its debt facilities, which includes an expanded asset-based loan facility of $375 million, and a new $100 million senior secured second lien...
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Black Friday Buzz - Walmart Wins Most Tweets, Followed by Best Buy, Macy's, Target and Sears
Monday, November 29, 2010 - 1:47pm | 161Which stores were most talked about on Twitter leading up to Black Friday? To find out, E.Life, a social media monitoring and analysis vendor, used its Tweetmeter software to track nine of the top retail brands from November 18 through November 25. More than 281,000 tweets were analyzed. The most...
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Black Friday ETFs To Consider
Friday, November 26, 2010 - 10:12am | 242Black Friday is upon us, and the busiest shopping day of the year can be really profitable for traders, if they know how to play it. The largest retail ETF is SPDR S&P Retail ETF (NYSE: XRT), which compromises companies like priceline.com (NASDAQ: PCLN), Netflix (NASDAQ: NFLX), and Gamestop (...
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Why a Black Friday Stampede Won't Happen
Wednesday, November 24, 2010 - 3:10pm | 394(TheStreet) --There isn't a Black Friday discount deep enough to cost a consumer or store employee his or her life, which is what retailers and regulators are trying to make clear this year. After Jdimytai Damour, a 34-year-old temporary employee at a Wal-Mart (NYSE: WMT) in Valley Stream, N.Y.,...