-
Fast Money Picks For March 12th (AA, BBY, X, XBI, CAT)
Thursday, March 11, 2010 - 7:40pm | 195Brian Kelly of Kanundrum said on CNBC's Fast Money that he would sell short Alcoa (NYSE: AA) on Friday. Alcoa (AA) added 0.52% today and closed at $13.64. Joe Terranova thinks that Best Buy Co., Inc. (NYSE: BBY) should be bought tomorrow. Best Buy (BBY) gained 1.31% on Thursday. United States Steel...
-
Top Performing Industries For March 11 (WFSC.OB, GME, MVG, DSCM, HH)
Thursday, March 11, 2010 - 3:31pm | 363At 1:52 p.m., Dow lost 0.98, or 0.01%, to 10,566.35, while the broader Standard & Poor's 500 index fell 0.84, or 0.07%, to 1,144.77. The Nasdaq composite index moved down 2.33, or 0.10%, to 2,356.62. The industries that are driving the market today are: Regional – Mid-Atlantic Banks: The top...
-
Volume Talks Wednesday March 10: Two Option Ideas on One Hot Stock
Thursday, March 11, 2010 - 10:32am | 3236Today I am going to introduce my new breakout report which will also include stocks which traded the session lower on heavier volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
-
Is 3D Sweeping the Nation? Poll Says 'Not Yet' (PC, BBY)
Wednesday, March 10, 2010 - 12:04pm | 236With a quick scan of Google Shopping, I was able to track down a 3D television set for a reasonable $9000. The 42" Phillips WOWvx promises next generation 3D technology at just a hair less than a new car. If this seems a little out of your budget, look no further, because Panasonic is out to bring...
-
GME To See Near-Term Catalysts
Monday, March 8, 2010 - 11:04am | 74Analysts at Broadpoint AmTech reinitiate coverage of GameStop (NYSE: GME) with a "buy" rating. The target price for GME is set to $21. Gamestop is likely to be able to generate cash flows worth $500 million annually through 2016, Broadpoint AmTech says. The analysts expect GME to witness possible...
-
GameStop Corp.’s (GME) Coverage Initiated With A Hold (2) Rating
Friday, March 5, 2010 - 9:55pm | 86BB&T Capital Markets has initiated coverage for GameStop Corp. (NYSE: GME) with a Hold (2) rating. According to BB&T, the GameStop stock has underperformed over the last several months as the company has been hit by a weak industry performance, increased competition, and additional...
-
Best Buy Breaking Out (NYSE: BBY)
Friday, March 5, 2010 - 6:12pm | 210Shares of Best Buy (NYSE: BBY) surged higher by 4.01% today to close at $38.64. The move came on heavy volume with 11.7 million shares traded versus the 6.9 million average. What is significant about today's move though is that the stock finally climbed above its 50-day and 200-day moving averages...
-
The Impact of Recent Merger Activity on Options Trading
Thursday, March 4, 2010 - 5:23pm | 1941Through the first two months of 2010, it appears the merger and acquisition party of the late 90s and early 2000 could be raring up once again. As Warren Buffett pointed out in his annual letter to shareholders, bankers don’t get paid for suggesting that companies not do deals, they get paid to...
-
William Blair & Company Maintains Sonic Solutions (SNIC) Outperform Rating
Thursday, March 4, 2010 - 10:25am | 150William Blair & Company analysts Ralph Schackart, Jon McCumber and Kristopher Barney maintained their Outperform rating for shares of Sonic Solutions (Nasdaq: SNIC). The analysts said that the Best Buy Co., Inc. (NYSE: BBY) digital movie service, called “Blue Sky,” appears to be a re-branding...
-
Activision, And GameStop Among Favourites: CNBC (SNE, MSFT, ATVI, GME)
Thursday, March 4, 2010 - 10:06am | 153In an interview with CNBC, Arvind Bhatia, video game, and entertainment analyst at Sterne, Agee & Leach, said video game stocks are set to rise this year after a disappointing 2009. Bhatia said that while the poor performance of game stocks in 2009 was reflective of the discretion shown by...
-
Market Roundup (MXGL, RSH, TM, NOVL, VNO)
Wednesday, March 3, 2010 - 3:54pm | 246According to unidentified sources, Max Capital Group (NASDAQ: MXGL) will soon be announcing the purchase of privately-held Harbor Point Ltd for roughly $1.3 billion in a merger of property-casualty reinsurance firms. RadioShack (NYSE: RSH) shares are soaring high on rumors of a private-equity...
-
S&P Upgrades Radio Shack (RSH) to Hold From Sell
Monday, March 1, 2010 - 5:15pm | 125In the March 3, edition of S&P Outlook, Radio Shack (NYSE: RSH) was raised to Hold from Sell. “Fourth-quarter EPS of $0.60 was $0.07 higher than our estimate. Comparable-store sales rose 6.1%, ahead of our 5% forecast, driven by the addition of a third postpaid wireless carrier and higher...
-
Top 5 Stocks For February 26, 2010 (BRK-A, AAPL, CCE, KO, GME, WMT)
Friday, February 26, 2010 - 7:44am | 165Berkshire Hathaway Inc (NYSE: BRK-A) reports after the markets close. The earnings forecasts for BRK-A are unknown so far. BRK-A gained 0.15% to $118,975.00 in after hours trading. There have been continued rumors of Apple (NASDAQ: AAPL) splitting its stock 4 to 1. AAPL shares lost 0.03% to $201.94...
-
Piper Jaffray Lowers GameStop (GME) To Neutral On Growth Concerns
Thursday, February 25, 2010 - 11:00am | 75Piper Jaffray downgraded GameStop (NYSE: GME) from “overweight” to “neutral.” The target price for GME has been set to $16. Piper expressed concerns regarding the limited growth potential in the GME business over the next three years as a result of the shift to digital entertainment. GME’s shares...
-
Benzinga's After Hours Decliners (GME, CSTR, CBOU)
Wednesday, February 24, 2010 - 6:28pm | 142Among the notable names that are moving lower in the after hours trading session are Gamestop (NYSE: GME), Coinstar (NASDAQ: CSTR) and Caribou Coffee (NASDAQ: CBOU). Gamestop (GME) has dropped nearly 4% after a report hit the wires that said the company's CFO has resigned. Coinstar (CSTR) has...