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Movers and Shakers On March 18 (CAR, DPTR, MDTH, NKE, SMRT, GME, SCVL, CMRG, CRAI, PQ, SFY)
Friday, March 19, 2010 - 8:36am | 319Some of the stocks that made ripples in the US stock market yesterday are: Avis Budget Group Inc (NYSE: CAR) advanced 8.6% following an upgrade in rating by Barclays PLC from “equal weight” to “over weight.” Delta Petroleum Corp (NASDAQ: DPTR) soared 30% after the company announced that it would...
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Benzinga’s Top Pre-Market Gainers (MDTH, LYG, BBY, GNVC, BIDU)
Friday, March 19, 2010 - 8:16am | 257MedCath Corporation (NASDAQ: MDTH) increased 1.65% to $12.35 in the pre-market session. The 52-week trading range for MDTH is $6.62 - $13.63. In the last six months, MDTH has gained over 25%. Lloyds Banking Group PLC (ADR) (NYSE: LYG) climbed 9.09% to $3.72 in the pre-market session. Lloyds Banking...
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Dow Records Gains For Eight Consecutive Days While S&P 500 Falls (BA, FDX, UPS, NKE, NBR, HP, GME, INTC, PALM)
Friday, March 19, 2010 - 7:01am | 392Dow industrials rose for the eighth consecutive day yesterday, driven by Boeing. However, a range of economic figures released yesterday, such as PPI, kept a check on the broader S&P 500 index. Boeing (NYSE: BA), which went up 2.15% to $70.87, gave the Dow its biggest boost during the day. BA’s...
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Top Performing Industries For March 18 (NKE, ZIPR, FDX, CNC, GME)
Thursday, March 18, 2010 - 3:11pm | 356At 2:31 p.m., Dow gained 35.90, or 0.33%, to 10,769.57, while the broader Standard & Poor's 500 index fell 1.62, or 0.14%, to 1,164.59. The Nasdaq composite index added 1.39, or 0.06%, to 2390.48. The industries that are driving the market today are: Textile - Apparel Footwear & Accessories...
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GameStop Corp. (GME) Heading Towards Its 200 Day MA
Thursday, March 18, 2010 - 2:11pm | 113GameStop Corp. (NYSE: GME) climbed the most in the Standard & Poor’s 500 Index, after it soared 9.7% $21.78 by early afternoon trading. The world’s largest video-game retailer GameStop Corp. (GME) reported fourth-quarter profit of $1.29 a share, beating the average analysts’ estimates...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Standpoint Initiates GameStop With A Buy (GME)
Thursday, March 18, 2010 - 12:08pm | 159Standpoint Research initiated shares of GameStop (NYSE: GME) with a Buy rating today and a $36 price target. This morning, the Grapevine, Texas based video game retailer reported better than expected earnings, and the stock has surged 8% to $21.43 during the current trading session. Last night, in...
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GameStop (GME) Surging Ahead In Pre-Market On Better Than Expected Results
Thursday, March 18, 2010 - 9:11am | 138GameStop (NYSE: GME) is surging ahead in pre-market trading session. GME has announced its fourth-quarter net income at $215.9 million, or $1.29 a share, down from $232.3 million, or $1.39 a share, in the year-ago period. GME’s revenues for the quarter rose to $3.52 billion from $3.49 billion....
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GameStop Corp. (NYSE: GME) Surged After Results
Thursday, March 18, 2010 - 8:48am | 86GameStop Corp. (NYSE: GME) reported a fourth quarter total sales of $3.52 billion, as compared to $3.49 billion for the same quarter last year. Comparable store sales decreased 7.9%. Net earnings decreased 7.1% to $215.9 million, as compared to net earnings of $232.3 million for the same quarter...
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Top 5 Stocks For March 18, 2010 (FDX, GME, ROST, PALM, BBI)
Thursday, March 18, 2010 - 7:05am | 262Analysts are expecting FedEx Corp (NYSE: FDX) to post earnings of $0.72 per share for the latest quarter. FDX is set to post its results before the opening bell. FDX gained 0.53% to $90.28 in after hours trading. Read more about this company here. GameStop Corp (NYSE: GME) had forecasted an EPS of...
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GameStop Earnings Preview (GME)
Wednesday, March 17, 2010 - 7:21pm | 124Tomorrow morning before the opening bell, GameStop (NYSE: GME) will be reporting their Q4 earnings numbers. Wall Street analysts are anticipating the company will report EPS of $1.28 versus $1.34 in the year ago period. During today's trading session, GME shares surged 2.32% to $19.86. The action...
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Goldman Downgrades RSH On Strength After M&A Speculation
Monday, March 15, 2010 - 11:17am | 66Analysts at Goldman Sachs downgrade RadioShack (NYSE: RSH) from "conviction buy" to "buy." The target price for RSH is set to $25.50. According to Goldman Sachs, the strength in RadioShack's share price performance is based on merger and acquistion speculations. RSH’s shares lost 3.41% to trade at...
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RadioShack Downgraded by Goldman
Monday, March 15, 2010 - 10:20am | 109RadioShack (NYSE: RSH) was downgraded this morning by Goldman Sachs to “Buy” from “Conviction Buy,” citing the company’s recent quarter slightly missing estimates. What I really interested me about that report by Goldman is that they said they only see a buyout of the company as a 15% possibility....
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Best Buy Receives Downgrade (BBY)
Monday, March 15, 2010 - 8:39am | 108Oppenheimer this morning downgraded Best Buy Co. (NYSE: BBY) and lowered their price target. The firm remains concerned with the outlook for Best Buy and believes heightened competition and waning expense control opportunities will push Best Buy into a period of lower revenue and earnings growth....