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Stock Market News for September 15, 2010 - Market News
Thursday, September 16, 2010 - 7:33am | 935The recent rally in stocks came to a halt on Tuesday as mixed economic data failed to lift investors' sentiments. The blue-chip Dow industrials and the broader Standard & Poor's 500-stock index dropped for the first time in five days even as the Commerce Department noted retail sales rose at...
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Stocks To Watch For September 16 (ORCL, DBRN, RIMM, GME, FDX)
Thursday, September 16, 2010 - 5:08am | 240Some of the stocks that may grab the investor focus today are: Wall Street expects Oracle Corp (NASDAQ: ORCL) to post its FQ1 EPS at $0.36. ORCL's shares moved up 0.08% to $25.76 in after-hours trading. Dress Barn Inc (NASDAQ: DBRN) reported its Q4 net income at $0.52 per share, up from $0.40 per...
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Gamestop Pops on Share/Debt Buyback (GME)
Wednesday, September 15, 2010 - 4:14pm | 180Shares of Gamestop Corp. (NYSE: GME) are popping by over 3.50% in the after-hours after the company announced a $500 million share and debt buyback program. $300 million of the additional funds will be used in the company's share repurchase plan and $200 million will be used to retire the company'...
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Zacks Analyst Blog Highlights: Kroger's, Walgreen's, Best Buy, Home Depot and The Gap - Press Releases
Wednesday, September 15, 2010 - 9:42am | 1332For Immediate Release Chicago, IL – September 15, 2010 – Zacks.com Analyst Blog features: Kroger's (KR), Walgreen's (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/?...
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Zacks Analyst Blog Highlights: Best Buy Company, The Kroger Company, Wal-Mart Stores, Safeway and Whole Foods Market - Press Releases
Wednesday, September 15, 2010 - 8:06am | 1591For Immediate Release Chicago, IL – September 15, 2010 – Zacks.com Analyst Blog features: Best Buy Company, Inc. (BBY), The Kroger Company (KR), Wal-Mart Stores Inc. (WMT), Safeway Inc. (SWY), and Whole Foods Market Inc. (WFMI). Get the most recent insight from Zacks Equity Research with the free...
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Top 4 Stocks In The Electronics Stores Industry With The Lowest PEG Ratio (CONN, HGG, GME, BBY)
Wednesday, September 15, 2010 - 5:08am | 146Below are the top electronics store stocks on the NYSE and the NASDAQ in terms of PEG ratio. Conn's Inc (NASDAQ: CONN) has a PEG ratio of 0.66. CONN's shares have dipped 57.86% in the past 52-weeks, while the S&P500 index has gained 6.50% over the same period. HHGregg Inc (NYSE: HGG) has a PEG...
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Retail Industry Outlook - Sept. 2010 - Zacks Analyst Interviews
Tuesday, September 14, 2010 - 7:11pm | 1882The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Retail Industry Outlook - Sept. 2010 - Industry Outlook
Tuesday, September 14, 2010 - 7:11pm | 1882The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Stock Market News for September 14, 2010 - Market News
Tuesday, September 14, 2010 - 6:03pm | 1093Activity on the mergers and acquisitions front and robust Chinese factory data buoyed confidence that the recovery is beginning to gain momentum, sending stocks higher for a fourth successive session. Financials got a boost after global regulators agreed to implement measures that will make it...
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Company News for September 14, 2010 - Corporate Summary
Tuesday, September 14, 2010 - 5:36pm | 675• Best Buy (NYSE: BBY) posted earnings sharply above estimates at 60 cents, versus estimates of 44 cents on revenues of $11.34 billion • MedAssets (NASDAQ: MDAS) plans to purchase The Broadlane Group for $850 million in cash • Reports say Green Mountain Coffee Roasters (NASDAQ: GMCR) is planning to...
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Retail Industry Outlook - Sept. 2010 - Industry Outlook
Tuesday, September 14, 2010 - 4:33pm | 1888The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Best Buy Tops, Lifts Guidance - Analyst Blog
Tuesday, September 14, 2010 - 1:45pm | 629Best Buy Company, Inc. (BBY), the leading specialty retailer of consumer electronic products, recently reported second-quarter 2011 results that topped Zacks’ expectations, driven by a strong mobile phone business that pushed up margins, thereby sending shares up $3.07 or 8.9% to $37.75 in early...
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Retail Sales Better than Expected - Analyst Blog
Tuesday, September 14, 2010 - 10:45am | 1412Retail Sales were better than expected in August. Total retail sales rose 0.4%, a tick better than the 0.3% consensus expectation, and are up 3.6% from a year ago. However, July was revised down from 0.4% growth to 0.3% growth, which makes the overall level of retail sales about where the consensus...
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News Summary (ZUMZ, MDAS)
Tuesday, September 14, 2010 - 10:35am | 166US Energy moved down after posting gains in the earlier session. The NYSE Arca Oil Index (XOI) lost about 0.36%, while the NYSE Arca Natural Gas Index (XNG) moved down about 0.49%. The Philadelphia Oil Service Index (OSX) also dropped about 0.81%. Retail stocks gained after a better-than-expected...
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A Peek Into The Market Before The Trading Starts
Tuesday, September 14, 2010 - 9:15am | 515Pre-open movers US stock futures were mixed, as investors were cautious after the gains in the earlier session. Futures for the Dow Jones Industrial Average fell 2 points to 10,470, while those for the S&P 500 lost 1.30 points to 1,114.90. Futures for the Nasdaq 100 gained 0.50 points to 1,917....