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Cramer’s Picks (C, TIF, KSS, JWN, BBY, SBUX, BK, HAL, NBR, BHI, BJS)
Tuesday, December 15, 2009 - 1:45pm | 293CNBC's Mad Money show host Jim Cramer promoted a number of stocks on December 14, with Citigroup (NYSE: C) being his hot favorite. C opens its gigantic $17 billion equity offer this week. The company is raising capital through stock issuance to repay its government TARP loan. Jim is also bullish on...
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Benzinga’s Top Upgrades (CP, TER, CSCO, AZO, RSH)
Monday, December 14, 2009 - 12:37pm | 227Canadian Pacific Railway Limited (USA)(FREE stock trend analysis) (NYSE: CP)(FREE stock trend analysis) was today upgraded by BB&T Capital Markets from Underweight to Hold. Canadian Pacific Railway Limited is now trading at $54.81, 2.60% up. Today, CP made a new 52-week high of $54.81. Teradyne...
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CS Raises Estimates On Best Buy
Wednesday, December 9, 2009 - 5:15pm | 86In advance of Best Buy’s (NYSE: BBY) announcement of 3Q results on December 15, Credit Suisse has raised its full-year 2010 estimates for the company. CS now anticipates that the company will net $2.95 per share, up five cents from its previous estimate. CS believes that Best Buy’s sales should...
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Best Buy (BBY) Is a Good Buy
Wednesday, December 9, 2009 - 2:11pm | 154In a recently released report, Credit Suisse (NSYE: CS) has rated Best Buy (NYSE: BBY) as an ‘Outperformer’. Best Buy is slated to report its 3QY09 earnings on Dec. 15. Best Buy has a number of factors in its favor. It is likely to benefit from the absence of key competitors such as Circuit City (...
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Wal-Mart (WMT)- A Challenger For Online Turf: Janney
Tuesday, December 8, 2009 - 10:55am | 199According to Janney Capital Markets, Walmart.com (NYSE: WMT) could well be the next big challenger to online retailers including Amazon (NASDAQ: AMZN). It is well placed to invest heavily in online pricing and absorb initial losses on Walmart.com without significantly impacting profitability....
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Promising Stocks By Putnam Voyager (PVOYX) Fund Manager
Monday, December 7, 2009 - 1:32pm | 387Nick Thakore, Fund Manager at Putnam Voyager Fund (NASDAQ: PVOYX) believes in diversifying his portfolio for better risk management. During the market meltdown, he added Apple {NASDAQ: AAPL) that got down to just below 80 in January. At that level, 40% of Apple's market value was in cash. The stock...
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Stock Market News for December 03, 2009 - Market News
Thursday, December 3, 2009 - 10:19am | 391Stocks held on to previous session’s gains as an upbeat assessment of the economy from the Federal Reserve overshadowed a decline in banking and energy shares. The Dow Jones industrial average, struggling to find direction, slipped from its 14-month high as investors turned their focus towards...
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Cyber Monday Helps Online Retailers’ Rise but Buyer’s Look for Major Bargains (AMZN, EBAY, WMT, BBY, YHOO, GOOG, MSFT)
Monday, November 30, 2009 - 9:48pm | 228With Cyber Monday helping generate traffic for online retailers, shares of companies like Amazon Inc. (NASDAQ: AMZN) and EBay (NASDAQ: EBAY) beat out traditional retailers like Wal-Mart (NYSE: WMT) and Best Buy (NYSE: BBY). Even with almost 100 million shoppers expected to jump online, surveys...
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Less Retail Capacity, CE Drive Sales of Hardline Retailers
Monday, November 30, 2009 - 1:44pm | 129According to analysts at FBR Capital Markets, some hardline retailers witnessed a year over year rise in traffic during Black Friday, driven by less retail capacity and the consumer electronics market. Consumer doorbuster deals brought more consumers last Friday than on Black Friday last year. The...
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Black Friday Sale Starts Off Strong
Friday, November 27, 2009 - 1:44pm | 198Black Friday sales started on a strong note this year with bargain hunters turning out in hordes. Mass merchants like Wal-Mart Stores (NYSE: WMT) Inc. and Target Corp.(NYSE: TGT), as well as lower-end department stores like J.C. Penney Co.(NYSE: JCP) and electronics retailer Best Buy Inc.(NYSE: BBY...
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Benzinga’s Biggest Losers (CWTR, DRAM, CONN, BNHN, SQNM, ZQK)
Wednesday, November 25, 2009 - 1:00pm | 226Coldwater Creek Inc. (NASDAQ: CWTR)plunged 15.51% to $4.52 huge volume of 2.99 million shares after CWTR reported its third quarter net loss of $33.9 million against $1.3 million loss from the same quarter last year. CWTR’s net sales for the third quarter stood at $266.6 million from $228.4 million...
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Benzinga's Retail Roundup (TIF, JCG, LTD, GES, CONN)
Wednesday, November 25, 2009 - 12:25pm | 234Today, most of the retail stocks are trading up largely supported by strong earnings reported by Tiffany & Co. and J. Crew. Tiffany & Co. (NYSE: TIF) rose 45 to $43.49 after reported a larger-than-expected quarterly profit as the upscale jeweler contained costs and benefited from stronger...
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Benzinga’s Top Pre- Market Losers (DE, DRAM, RMBS, CWTR, AONE, CONN, SCMR, HSII)
Wednesday, November 25, 2009 - 10:09am | 318Deere & Company (NYSE: DE) decreased $0.77 or 1.47% to $51.52 in the pre-market session after Deere reported a fourth quarter loss of $222.8 million or $0.53 per share against a profit of $345 million or $0.81 a share from the same quarter last year. Dataram Corporation (NASDAQ: DRAM) tumbled...
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Benzinga's Earnings Preview (DE, TIF, CDII, CONN, RSTI, APWR)
Wednesday, November 25, 2009 - 5:22am | 192Deere & Company (NYSE: DE) is expected to report fourth-quarter earnings of 3 cents a share on revenue of $4.44 billion. Yesterday, DE closed at $52.29. Tiffany & Co. (NYSE: TIF) is projected to report third-quarter earnings of 24 cents a share on $573.75 million of revenues. In yesterday...
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Is Glyde The Next Big Thing In Online Retail?
Tuesday, November 24, 2009 - 7:36am | 232We mostly try to write about publicly held companies, but there are some times when a privately held company has the potential to seriously disrupt markets of existing companies. Glyde.com could be one such company. Glyde was founded in 2006 by Simon Rothman, a seven-year eBay veteran and sells...