-
Conn's Announces Expansion and Extension of Revolving Credit Facility
Monday, August 1, 2011 - 6:11am | 164Conn's, Inc. (NASDAQ: CONN) today announced that on July 28, 2011, it completed a $55 million expansion of its revolving credit facility to $430 million and extended the term by 20 months to July 2015. The Company received increased commitments from several of the existing participants in the...
-
Goldman Sachs Upgrades RadioShack To CL-Buy, Raises PT To $18
Monday, August 1, 2011 - 5:22am | 28Goldman Sachs has upgraded RadioShack (NYSE: RSH) from Neutral to Conviction-List Buy and has raised the price target from $17 to $18.
-
Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...
-
Playing Chicken 07-26-2011
Tuesday, July 26, 2011 - 5:46pm | 1029Cusick's Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment...
-
What's The Dealio? 07-26-2011
Tuesday, July 26, 2011 - 2:08pm | 1112Cusick's Corner This is frustrating, choppy action in the markets today and when they start acting like this you really want to keep your focus and patience on positioning. Gold traders, GLD, are the most frustrated, this market looks like it should just turn over but just has not turned south,...
-
RadioShack up Over 19% on Verizon Deal
Tuesday, July 26, 2011 - 9:40am | 62RadioShack (NYSE: RSH) is up over 19% on the agreement to offer Verizon Wireless services. The company announced earlier today that it has entered into an agreement with Verizon Wireless to provide postpaid and prepaid wireless products and services in RadioShack's company-operated stores...
-
Options Brief: RadioShack
Tuesday, July 26, 2011 - 9:05am | 82Shares of RadioShack (NYSE: RSH) are higher on the session by 20.78%, trading at $15.81. Overall call volume is now running at 4.43x the daily average, with 39% of all calls traded being purchases on the offer. 9,624 contracts have traded on the session so far. RadioShack Corporation is engaged...
-
UPDATE: RadioShack to Offer Verizon Wireless Products and Services in Company-Operated Stores
Tuesday, July 26, 2011 - 9:03am | 250New agreement with industry leader means consumers benefit, with more than 4,300 RadioShack stores to offer Verizon Wireless services RadioShack ceases offering T-Mobile services in stores RadioShack Corporation (NYSE: RSH) today announced that it has entered into an agreement with Verizon...
-
Earnings Roundup
Tuesday, July 26, 2011 - 8:32am | 1635Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....
-
Pre-Market Winners and Losers
Tuesday, July 26, 2011 - 7:42am | 202Winners: RadioShack (NYSE: RSH) is up almost 19% after the company announced an agreement to provide Verizon Wireless (NYSE: VZ) products in its stores. Broadcom (NASDAQ: BRCM) is up over 8% after reporting earnings. Ceva (NASDAQ: CEVA) is up over 7% after reporting earnings. Hexcel Corp (NYSE...
-
UPDATE: RadioShack Reports Decline In Q2 Profit
Tuesday, July 26, 2011 - 7:37am | 65RadioShack Corp (NYSE: RSH) reported a decline in its second-quarter profit. RSH reported its quarterly profit at $24.9 million, or $0.24 per share, down from $53 million, or $0.41 per share, in the year-ago period. Its sales declined to $941.9 million from $962.3 million. Analysts were expecting...
-
Earnings Scheduled For July 26
Tuesday, July 26, 2011 - 3:47am | 507Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...
-
Stocks to Watch for Tuesday 7/26/2011: Fresh 52 Week Highs and Lows
Tuesday, July 26, 2011 - 3:07am | 1751Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest):...
-
Benchmark Electronics: Overvalued and lacking moat ($BHE)
Monday, July 25, 2011 - 5:00am | 1647Benchmark Electronics, Inc. (NYSE: BHE) provides a full range of electronic manufacturing services to OEMs, and industrial end-users. The company is trading (as of 7/1) at $16.98, which is about the mid-point between the 52 week high and low, though a significant decline from the company's pre-...
-
Earnings Preview: Analysts Expect Amazon.com Revenue, Earnings to Dip from Previous Quarter
Thursday, July 21, 2011 - 12:12pm | 569Amazon.com (NASDAQ: AMZN) releases its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide to Amazon's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 37 cents per share and revenues of...