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Best Deals For February 23, 2010 As Believed By Fast Money Final Trade (F, HMY, MYL, SKS, RSH, S)
Tuesday, February 23, 2010 - 8:26am | 245According to Fast Money Final Trade on CNBC, today’s best trades are likely to be the following: Ford Motor (NYSE: F): Joe Terranova believes that investors should take a long position on F. F’s shares fell 0.18% to $11.19 in after hours trading. Harmony (NYSE: HMY): According to Tim Seymour,...
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Benzinga’s Top Pre-Market Losers (TMRK, TRGL, ERTS, TRGL, CONN)
Wednesday, February 10, 2010 - 9:47am | 211Terremark Worldwide, Inc (NYSE: TMRK) decreased 10.91% to $6.94 in the pre-market session. TMRK closed at $5.91 in yesterday’s closing. The 52-week trading range for TMRK is $1.85-$8.98. Terremark Worldwide has lost 4.68% so far in the year. Toreador Resources Corporation (NASDAQ: TRGL) tumbled 10...
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Consumer Technology Industry Update (ATVI, GME, SNE, ERTS)
Tuesday, February 9, 2010 - 12:16pm | 173Analysts Daniel Ernst and Scott Tilghman at Hudson Square Research have released an update on the Consumer Technology industry. According to the report, NPD is expected to report US video game industry sales for January on February 11. Analysts estimate a year-over-year decline of 9.8% in industry...
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Benzinga’s Top Downgrades (PKY, GME, ERTS, MSPD, APD)
Tuesday, February 9, 2010 - 11:56am | 236Parkway Properties Inc (NYSE: PKY) was downgraded by Stifel Nicolaus from “hold” to “sell.” PKY’s stocks slipped 10.68% to $17.82 at 10:24 am after Parkway Properties was downgraded. While the company’s 52-week trading range is $8.46-$23.25, PKY’s trading range for today has so far been $17.60-$18....
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Credit Suisse Reduces GameStop (GME) to Neutral
Tuesday, February 9, 2010 - 10:54am | 39Analysts at Credit Suisse downgrade GameStop (NYSE: GME) from "outperform" to "neutral." The target price for GME has been reduced from $28 to $25. GME’s shares fell 1.07% to $19.48 in after hours trading.
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Benzinga’s Top Pre-Market Losers (LCAV, TMRK, ERTS, TRGL, CONN)
Tuesday, February 9, 2010 - 10:44am | 191LCA-Vision Inc (NYSE: LCAV) decreased 9.48% to $5.35 in the pre-market session. LCAV closed at $5.91 in yesterday’s closing. The 52-week trading range for LCAV is $1.99-$8.02. LCA-Vision has gained 7.26% over the past six months. Terremark Worldwide Inc (NASDAQ: TMRK) tumbled 4.39% to $7.06 in the...
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Company News for February 5, 2010 - Corporate Summary
Friday, February 5, 2010 - 10:25am | 198• Air Products (NYSE:APD) announced plans to acquire Airgas (NYSE:ARG) for $60 per share, or $5.1 billion • Aetna (NYSE:AET) reported earnings of 40 cents, two cent off estimates of 42 cents, on revenues of $8.7 billion, slightly better than the $8.65 billion expected. Below-Street guidance was...
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Benzinga’s Top Upgrades (MET, WFR, MOT, TEN, HGG)
Friday, February 5, 2010 - 10:00am | 265MetLife, Inc. (NYSE: MET) was upgraded today by FBR Capital from Market Perform to Outperform and the price target increased to $46 from $43. MetLife is now trading at $35.39, 1.90% up in the pre-market session. MetLife closed at $34.73 in the previous trading session. In the last year, MET has...
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Benzinga’s Top Upgrades (MS, BBY, VPFG, CBE, VCBI)
Wednesday, January 27, 2010 - 10:00am | 264Morgan Stanley (NYSE: MS) was upgraded today by William Blair & Company from Market Perform to Outerform. Morgan Stanley is now trading at $27.50, 0.62% up in the pre-market session. Morgan Stanley closed at $27.33 in the previous trading session. In the last year, MS has gained over 46%....
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Mad Money Lightning Round: Cramer Favors GOOG, WMT, INTC, S, ERTS; Shows Dislike For AMD, SLM, PCS, GME
Friday, January 22, 2010 - 9:07am | 254In his "Mad Money Lightning Round," Jim Cramer said that he had reduced the target price for GOOG just because of the China issue. However, all the growth metrics are there in GOOG and that he would buy a little at this time. GOOG lost 3.21% to $564.27 in pre-market trading. Jim expressed his...
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BBY – A Smart Growth And Income Oriented Stock
Friday, January 22, 2010 - 7:59am | 150Best Buy Co Inc (NYSE: BBY) recently posted impressive sales, with revenues going up 13% y/y in December. Revenues were partly driven by an 8.2% jump in comparable store sales. The highest contributor to the company’s revenues was the domestic business that saw a 13% increase. In the November...
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Underweight For Best Buy (BBY), Foot Locker (FL) EPS At Risk
Thursday, January 21, 2010 - 1:59pm | 109Analysts at Morgan Stanley provided an update on retail companies including Best Buy Inc. (NYSE: BBY) and Foot Locker Inc. (NYSE: FL). The firm maintained an Underweight rating for Best Buy and opined that the fall in the share price of Best Buy reflects the difficulties in cycling Circuit City’s...
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Best Buy Co., Inc. - Growth And Income - Zacks Rank Buy
Thursday, January 21, 2010 - 1:00am | 268Best Buy Co., Inc. (BBY) saw robust sales in December. Revenue of $8.5 billion was up 13% year-over-year. The gain can in part be attributed to a jump of 8.2% in comparable store sales. Company Description Best Buy Co., Inc. is a multinational retailer of technology and entertainment products and...
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GameStop Inventory
Monday, January 18, 2010 - 7:46am | 832When we discussed GameStop's (GME) same-store sales last week, a reader pointed out that GameStop appeared to have a burgeoning inventory problem. Indeed, looking at the pre-Christmas inventory levels of GameStop over the last few years shows a disturbing trend: But this is a company that has...
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Video Game Market Takes A Beating
Tuesday, January 12, 2010 - 4:16pm | 241With consumers becoming more careful with their discretionary spending, many video game makers have are finding themselves in an industry wide bear market. Video game industry titan Electronic Arts (Nasdaq: ERTS) and retailer Game Group are the most recent companies to cut their earnings forecasts...