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GameStop Corp. Exceeds Estimates (GME)
Thursday, May 20, 2010 - 10:35am | 73GameStop Corp. (NYSE: GME) reported that its first quarter net income was $75.17 million or $0.48 per share, compared to $70.43 million or $0.42 per share in the year ago period. This compared to Wall Street estimates of $0.47 per share. Net sales for the quarter were $2.08 billion versus $1.98...
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Stocks To Watch For May 20 (SPLS, GME, DELL, FL, INTU)
Thursday, May 20, 2010 - 6:41am | 189Some of the stocks that may grab investors focus today are: Wall Street expects Staples (NASDAQ: SPLS) to post an EPS of $0.27 for the first quarter. SPLS dipped 1.87% to close at $21.54 yesterday. GameStop (NYSE: GME) may report an EPS of $0.47 for the first quarter. GME’s shares gained 0.03% to...
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Tight Risk Parameters Key 05-14-2010
Friday, May 14, 2010 - 2:46pm | 835Cusick’s Corner This is a “Tale of Two Cities” or should I say continents. The US landscape is improving, while the EU is just getting torn up. We are in the search for the lows -- look for 1125 as support. If the market does hold this 1125 level, then we could see a possible bounce going into...
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Puts Purchased in Gamestop
Friday, May 14, 2010 - 2:34pm | 90Shares of Gamestop Corp. (NYSE: GME) are lower by 4.32% today after research came to light that video game sales declined sharply during the quarter. Gamestop is currently trading $21.70. Protection is being purchased on shares today with the October $15 put purchased on the offer 6,000 times for...
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Puts Purchased in Gamestop
Friday, May 14, 2010 - 2:34pm | 90Shares of Gamestop Corp. (NYSE: GME) are lower by 4.32% today after research came to light that video game sales declined sharply during the quarter. Gamestop is currently trading $21.70. Protection is being purchased on shares today with the October $15 put purchased on the offer 6,000 times for...
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GME Getting The Pounding On Weak Industry Sales Data
Friday, May 14, 2010 - 1:41pm | 155GameStop Inc (NYSE: GME) is getting hammered today as investors are reacting to the to the latest industry sales data that poured in ahead of this video game retailer's quarterly earnings report. NPD Group announced that video game sales dropped 22% in April. The drop is substantially higher than...
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Stock Market News for May 6, 2010 - Market News
Thursday, May 6, 2010 - 9:45am | 399Efforts to contain the European financial crisis are on but there is no amicable solution in sight. At least that is what it appears. With Moody’s Investors Service warning on Wednesday that Portugal’s credit rating faces a possible downgrade and violent protestors killing three people on the...
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Mad Money Lightning Round: Jim Favors SD, IP, BBY and CAKE
Monday, May 3, 2010 - 6:54am | 317In his "Mad Money Lightning Round," Jim Cramer said that SandRidge Energy (NYSE: SD) was an oil-and-gas stock that can be bought for a long-term investment. SD was up 0.13% in the after-hours session. The latest quarter was very good for International Paper (NYSE: IP), Jim said. As the stock has...
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Fast Money Picks For May 3rd (MCD, BBY, PG, EEM)
Friday, April 30, 2010 - 7:12pm | 137On CNBC's Fast Money, Tim Seymour recommended investors to stay short on iShares MSCI Emerging Markets Index (ETF) (NYSE: EEM). EEM closed today at $42.05, and Tim Seymour thinks you should short it to $40.50. Guy Adami likes McDonalds (NYSE: MCD) and Pete Najarian is keen on The Procter &...
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RadioShack Q1 Profits Jump 16%
Tuesday, April 27, 2010 - 3:40pm | 242RadioShack Corp (NYSE: RSH) has declared better-than-expected results for the first quarter. RSH said that its comparable store sales for company-operated stores and kiosks (open for at least a year) grew 4.7% year-over-year. The Fort Worth, Texas-based company’s GAAP net income for the first...
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Benzinga's After Hours Gainers (RSH, SVU, SOA)
Monday, April 26, 2010 - 6:33pm | 185It has been a fairly uneventful evening in the after hours trading session. Among the notable names that have been moving higher, however, are RadioShack (NYSE: RSH), SuperValu (NYSE: SVU), and Solutia (NYSE: SOA). RadioShack (RSH) released their quarterly earnings after the closing bell today....
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RadioShack Moving Higher In The After Hours (RSH)
Monday, April 26, 2010 - 5:29pm | 112RadioShack (NYSE: RSH) released their quarterly earnings numbers after the closing bell today. The company reported Q1 net income of $50.1 million or $0.39 per share compared to $43.1 million or $0.34 per share in the year ago period. Revenues were up 4% to $1.04 billion versus $1 billion in last...
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Against the Grain with Best Buy
Monday, April 26, 2010 - 4:02pm | 176Traders have been flocking to calls in Best Buy (NYSE: BBY) over the past few weeks, buying strikes as high as $55-65 in the out months, but today bears are taking a shot at the name even as it makes a new 52-week high. Best Buy hit $48.77 near the opening bell and has been encountering selling...
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US Stock Futures Point To Bright Day At The Market
Monday, April 26, 2010 - 9:21am | 263US stock futures continued to move up further today after Caterpillar Inc (NYSE: CAT) switched to profits in Q1 and raised its profit outlook for the full year citing an improving economy. While futures for the Dow Jones Industrial Average added 25 points to 11167, those for the S&P 500 index...
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Dissecting Event-Based Options Trading in Caterpillar (NYSE: CAT)
Thursday, April 22, 2010 - 10:01am | 1587Earlier this month, Robert Baird upgraded Caterpillar (NYSE: CAT) to “outperform” (buy) from “neutral” (hold) and said the shares could advance as high as $88 over a 12-month period. Baird upgraded a number of diversified industrial names that day, citing increased hopes for continued...