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11-18-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, November 18, 2010 - 12:59pm | 4183Stephen Bernard, AP Business Writer Stocks soar as worries over Ireland ease; GM jumps Stocks surge as hopes build for a resolution of Ireland's debt woes; GM shares bound higher NEW YORK (AP) — Stocks bounded higher Thursday on strong interest in General Motors' initial public offering and...
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Eaton & Best Buy Team on EVs - Analyst Blog
Thursday, November 18, 2010 - 10:53am | 475Diversified power management company Eaton Corporation (ETN) announced that it has teamed up with Best Buy Co. Inc. (BBY) to provide logistical facilities for electrical vehicles, to be launched by Mitsubishi Motors North America, Inc, with an aim to boost sales. The logistical support will be...
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Stock Market News for November 18, 2010 - Market News
Thursday, November 18, 2010 - 10:33am | 1056Stocks closed mixed on Wednesday amid lingering concerns about debt problems in Europe and a sharp drop in construction of new homes in the U.S. Financials were the weak spot in yesterday's trading but strength in retailers' shares helped contain the losses. The blue-chip Dow average closed with a...
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GameStop's Profits Rise, But Misses Revenue Estimates (GME)
Thursday, November 18, 2010 - 10:02am | 244GameStop Corp. (NYSE: GME) announced on Thursday morning that it beat consensus Wall Street earnings estimates, while missing revenue expectations. GameStop Corp. reported that its 3rd quarter net earnings rose 4.8% to $54.7 million, or 36 cents per share, up from $52.2 million, or 31 cents per...
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GameStop Reports Third Quarter EPS of $.36
Thursday, November 18, 2010 - 9:32am | 126GameStop Corp. (NYSE: GME) today reported record sales and earnings for the third fiscal quarter ended October 30, 2010. Total sales for the third quarter increased 3.5% to $1.90 billion, in comparison to $1.83 billion in the prior year quarter. Net earnings for the third quarter increased 4.8% to...
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GameStop Earnings Rises - Analyst Blog
Thursday, November 18, 2010 - 9:00am | 598GameStop Corporation (GME), the video game and entertainment software retailer, recently posted third-quarter 2010 results. The quarterly earnings of 38 cents a share came a penny ahead of the Zacks Consensus Estimate and rose 18.8% from 32 cents earned in the prior-year quarter driven by top-...
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Stock Market News for November 18, 2010 - Market News
Thursday, November 18, 2010 - 5:06am | 1056Stocks closed mixed on Wednesday amid lingering concerns about debt problems in Europe and a sharp drop in construction of new homes in the U.S. Financials were the weak spot in yesterday's trading but strength in retailers' shares helped contain the losses. The blue-chip Dow average closed with a...
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Earnings Scheduled For November 18 (WSM, DELL, GPS, SHLD, CRM, ADSK, FL, ROST, SPLS, AEO, GME, PLCE, SJM, DLTR)
Thursday, November 18, 2010 - 4:26am | 336Williams-Sonoma (NYSE: WSM) is expected to report its Q3 EPS at $0.31. Dell Inc (NASDAQ: DELL) is likely to report its Q3 earnings at $0.33 per share on revenue of $15.76 billion. Gap (NYSE: GPS) is forecast to report its Q3 EPS at $0.47 on revenue of $3.58 billion. Sears (NASDAQ: SHLD) is...
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Mad Money Lightning Round OT: Cramer Is A Buyer Of BBY (GLD, EGO, SLW, BIDU, GOOG, BBY, AGN, SMT, GSK, RFMD, AMAT)
Wednesday, November 17, 2010 - 9:03pm | 451Jim Cramer said on CNBC's Mad Money Lightning Round OT that it makes more sense to buy SPDR Gold Trust (ETF) (NYSE: GLD) or Eldorado Gold Corporation (USA) (NYSE: EGO) than Silver Wheaton Corp. (USA) (NYSE: SLW). SPDR Gold Trust (ETF) (GLD) fell 0.45% on Wednesday, while Eldorado (EGO) and Silver...
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RadioShack Downgraded to Neutral - Analyst Blog
Wednesday, November 17, 2010 - 3:30pm | 611We downgrade our recommendation on RadioShack Corp. (RSH) to Neutral. Major near-term concern for RadioShack is the significant decline in its gross margin. In the third quarter of 2010, gross margin was 45.4% compared to 47.6% in the prior-year quarter and 47.5% in the previous quarter....
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GameStop Rises On Upgrade In Rating
Wednesday, November 17, 2010 - 1:43pm | 68Shares of GameStop Corp (NYSE: GME) gained after Credit Suisse analyst Gary Balter upgraded the stock. GME shares gained 2.64% to $21.40 at $12:37 pm. Gary Balter upgraded GME from “neutral” to “outperform.” Shares of GameStop have gained 3.27% over the past week and lost 4.97% so far this year....
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Soros' Opinions Given Too Much Weight: Opinion
Wednesday, November 17, 2010 - 11:07am | 356George Soros is arguably the most famous first generation hedge fund manager in the world. A quick search of the 80-year-old's name yields 2.5 million hits on Google. Julian Robertson, 78, yields 740,000 hits. Carl Icahn, 74, generates 400,000 hits. (If you want to characterize Warren Buffett as...
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RadioShack Downgraded to Neutral - Analyst Blog
Wednesday, November 17, 2010 - 9:56am | 611We downgrade our recommendation on RadioShack Corp. (RSH) to Neutral. Major near-term concern for RadioShack is the significant decline in its gross margin. In the third quarter of 2010, gross margin was 45.4% compared to 47.6% in the prior-year quarter and 47.5% in the previous quarter....
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Mad Money Lightning Round: Cramer Likes FLIR Systems (FLIR, RTN, GD, NOC, POT, S, FO, BBY, GLW, PVX, LINE)
Wednesday, November 17, 2010 - 4:40am | 257On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he likes FLIR Systems (NASDAQ: FLIR) very much. He added, “This is a homeland security play, even though I wouldn't recommend other defense contractors like Raytheon (NYSE: RTN) or General Dynamics (NYSE: GD) or even Northrop...
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Zacks Analyst Blog Highlights: Amazon, Walgreen, Best Buy, Home Depot and The Gap - Press Releases
Tuesday, November 16, 2010 - 11:36am | 2097For Immediate Release Chicago, IL – November 16, 2010 – Zacks.com Analyst Blog features: Amazon (AMZN), Walgreen (WAG), Best Buy (BBY), Home Depot (HD) and The Gap (GPS). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=...