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Company News for October 25, 2010 - Corporate Summary
Monday, October 25, 2010 - 10:03am | 595• The Singapore Stock Exchange agreed to purchase its Australia-based peer, ASX, for $8.3 billion • Carlyle announced plans to buy CommScope (NYSE: CTV) for $31.50 per share • Lorillard (NYSE: LO) reported third quarter earnings of $1.81 a share, $0.17 higher than estimated, on revenues up 12.6% to...
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Radioshack Getting Taken To The Wood Shed (RSH)
Monday, October 25, 2010 - 9:53am | 86Shares of Radioshack Corporation (NYSE: RSH) are getting hit hard this morning, after the electronics retailer reported earnings that were mixed. Radioshack reported net income rose to $46 million, or 37 cents per share for this quarter. This was better than the 35 cents analysts' had been...
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hhgregg to Sell Tempur-Pedic Mattresses
Monday, October 25, 2010 - 9:33am | 116Indianapolis-based appliance and electronics leader hhgregg (NYSE: HGG) today announced that it will expand its mattress selection to include Tempur-Pedic mattresses. Beginning on October 31st, customers will be able to test and choose from a range of Tempur-Pedic models at hhgregg's 171 store...
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RadioShack Beats Zacks Estimate - Analyst Blog
Monday, October 25, 2010 - 8:33am | 634RadioShack Corp. (RSH) has declared third quarter 2010 financial results mostly in line with the Zacks Consensus Estimates. Comparable store sales for the company-operated stores and kiosks (stores and kiosks opened at least a year) grew 6.2% year-over-year. This is a key retail performance...
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Conn's, Inc. Announces Rights Offering Record Date, Plans to Refinance Existing Debt Facilities
Friday, October 22, 2010 - 9:30am | 150Conn's, Inc. (NASDAQ: CONN) today announced the record date for a possible rights offering, plans for refinancing its existing debt facilities and an update regarding current business trends. In conjunction with plans to refinance its existing debt facilities, the Board of Directors approved a...
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AMR Corp. (NYSE:AMR) Puts and Delta (NYSE:DAL) Calls: Mixed Trading in the Airlines
Thursday, October 21, 2010 - 9:09am | 1737American Airlines parent AMR Corp. (NYSE:AMR) and Delta Airlines (NYSE:DAL) were active among option traders yesterday after their respective earnings reports. AMR investors seem to be looking for way downside hedges in the long term while Delta traders were apparently targeting short-term upside...
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RadioShack Corp. (RSH) - Bull of the Day
Wednesday, October 20, 2010 - 7:09pm | 193We upgrade our recommendation for RadioShack (RSH) to Outperform based on our assessment that the company is likely to improve its earnings in the future reporting quarters as a result of significant boom in the wireless industry. The company is generating massive revenue growth from stronger...
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Zacks Bull and Bear of the Day Highlights: RSH,MON,KO,PEP,LMT - Press Releases
Wednesday, October 20, 2010 - 6:54pm | 1908For Immediate Release Chicago, IL – October 20, 2010 – Zacks Equity Research highlights: RadioShack (RSH) as the Bull of the Day and Monsanto Company (MON) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Coca-Cola Co. (KO), PepsiCo (PEP) and Lockheed Martin...
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Market Watchers See QE Priced Into Market 10-19-2010
Tuesday, October 19, 2010 - 3:19pm | 1026Cusick's Corner The market did what we thought it would -- pullback, 1162 on the Dec S&Ps, firm up and now stuck in a Midday consolidation. At this stage unless you see a major surprise in employment, interest rates or a string of negative earnings in this cycle, this trend is intact and these...
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RadioShack Upgraded to Outperform - Analyst Blog
Monday, October 18, 2010 - 1:00pm | 385We upgrade our recommendation on RadioShack Corp. (RSH) to Outperform based on our assessment that the company is likely to improve its earnings in the future reporting quarters as a result of a significant boom in the wireless industry. Currently it is a Zacks #1 Rank (Strong Buy) stock....
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Zacks Analyst Blog Highlights: AMZN,KR,BBY,HD,GPS - Press Releases
Monday, October 18, 2010 - 11:03am | 2056For Immediate Release Chicago, IL – October 18, 2010 – Zacks.com Analyst Blog features:Amazon (AMZN), Kroger (KR), 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=5513...
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Retail Sales' Rise Surprise - Analyst Blog
Monday, October 18, 2010 - 10:09am | 1585Retail Sales were better than expected in September, and the numbers for August were revised significantly higher. Total retail sales rose 0.6%, better than the 0.4% consensus expectation and are up 7.3% from a year ago. August was revised up from 0.4% growth to 0.7% growth, which makes the overall...
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Piper Jaffray's 3-D Research Survey (DWA, RLD, CNK, BBY, HGG)
Monday, October 18, 2010 - 9:15am | 249Piper Jaffray is out with a research report this morning, where it takes a look at recent trends in the 3-D space and what it means for stocks in its coverage space. The analysts said that, based on their 3D survey, they can conclude opinions towards theatrical 3D are overwhelmingly favorable;...
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2010 Fund Performance Period 10
Thursday, October 14, 2010 - 3:45pm | 4455If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. Conditional launch date should be November 2010. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story...
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Mad Money Lightning Round: Cramer Prefers Bed Bath & Beyond, Best Buy and TJX Companies To Saks (SKS, ROST, HD, BBBY, BBY, TJX, ARMH, AAPL, SWKS, CRUS, EP, ETP, NRGY, JNJ, ABT, TEN, JCI)
Thursday, October 14, 2010 - 5:48am | 328On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes Saks (NYSE: SKS) is overvalued “given its fundamentals.” He likes Ross Stores (NASDAQ: ROST) or Home Depot (NYSE: HD) which is “down a lot.” He prefers Bed Bath & Beyond (NASDAQ: BBBY), Best Buy (NYSE: BBY) and TJX...