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JC Penney Q2 Earnings Beat Consensus, Revenue Misses
Friday, August 13, 2010 - 7:59am | 59JC Penney (NYSE: JCP) reports its Q2 EPS, including items, at $0.06, beating the consensus of $0.05. JCP reports its Q2 revenue at $3.94 billion versus the Street view of $4.01 billion. JCP’s shares fell 2.79% to $20.22 in pre-market trading. Read more from Benzinga's Company news.
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Stocks To Watch For August 13 (NVDA, JCP, TMK, JWN)
Friday, August 13, 2010 - 5:47am | 181Some of the stocks that may grab the investor focus today are: Nvidia (NASDAQ: NVDA) reported its FQ2 loss of $0.25 per share, as compared with a loss of $0.19 per share in the year-ago period. NVDA’s shares fell 0.68% to $8.90 in after-hours trading. Wall Street expects JC Penney (NYSE: JCP) to...
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Kohl's Tops Consensus - Analyst Blog
Thursday, August 12, 2010 - 10:35pm | 444Kohl's Corp. (KSS) registered second-quarter 2010 earnings of 84 cents per share, exceeding the Zacks Consensus Estimate of 81 cents by 3.7% and the year-ago earnings of 75 cents by 12.0%. The company forecasts earnings of 57 cents–63 cents per share in the third quarter, well below the Zacks...
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Who's Cashing in on Eat Pray Love? - Investment Ideas
Thursday, August 12, 2010 - 5:07pm | 1026One of the most anticipated movies of the summer opens this weekend. No, not The Expendables with Sylvester Stallone. It's Eat, Pray, Love with Julia Roberts and Javier Bardem. Based on the book by Elizabeth Gilbert that has sold over 5 million copies in the United States about a 30-something woman...
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Nordstrom Reports Second Quarter 2010 Earnings
Thursday, August 12, 2010 - 4:19pm | 87Nordstrom, Inc. (NYSE: JWN) today reported net earnings of $146 million, or $0.66 per diluted share, for the second quarter ended July 31, 2010. This represented an increase of 38.6 percent compared with net earnings of $105 million, or $0.48 per diluted share, for the same quarter last year....
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Nordstrom Earnings Largely In-Line (JWN)
Thursday, August 12, 2010 - 4:14pm | 102Nordstrom, Inc. (NYSE: JWN) reports Q2 EPS of $0.66 versus estimates of $0.66. Nordstrom, Inc. reports Q2 revenues of $2.52 billion versus estimates of $2.4 billion. Revenues increased 12.7% year over year; multi-channel same-store sales increased 9.9 year over year. Nordstrom Rack same-store sales...
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Nordstrom Reports Second Quarter Earnings (JWN)
Thursday, August 12, 2010 - 4:06pm | 34Nordstrom, Inc. Common Stock (NYSE: JWN) reports Q2 EPS of $0.66 versus estimates of $0.66. Nordstrom, Inc. Common Stock reports Q2 revenues of $2.42 billion versus estimates of $2.40 billion.
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Deflation on the Brain 08-12-2010
Thursday, August 12, 2010 - 2:39pm | 871Cusick’s Corner With deflation on the brain, the market still seems to be in risk-off mode. Major markets, bond yields, the Euro and Aussie currencies are all in the red. Some analysts see this market correlating to the markets in late summer of 2008. However, there is one big difference --...
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Earnings Preview – J. C. Penney - Analyst Blog
Thursday, August 12, 2010 - 2:04pm | 764J. C. Penney Company Inc. (JCP), a leading retailer of apparel, footwear, accessories, fashion jewelry, beauty products and home furnishings, is scheduled to report its second-quarter 2010 financial results before the bell on Friday, August 13, 2010. The current Zacks Consensus Estimate for the...
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Zacks Bull and Bear of the Day Highlights: Wynn Resorts, StanCorp Financial, Macy's, Visa and The Walt Disney Company - Press Releases
Thursday, August 12, 2010 - 10:07am | 2209For Immediate Release Chicago, IL –August 12, 2010 – Zacks Equity Research highlights: Wynn Resorts (WYNN) as the Bull of the Day and StanCorp Financial (SFG) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Macy’s Inc. (M), Visa (V) and The Walt Disney Company (DIS...
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Company News for August 12, 2010 - Corporate Summary
Thursday, August 12, 2010 - 10:07am | 470• After yesterday's close, Cisco (NASDAQ: CSCO) reported fiscal fourth quarter adjusted earnings of 43 cents a share as revenues increased 27% to $10.84 billion, just below Zacks estimates at $10.86 billion. The company said it sees first-quarter revenue of $10.62 billion to $10.82 billion, an 18-...
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Stock Market News for August 12, 2010 - Market News
Thursday, August 12, 2010 - 9:35am | 849The Federal Reserve’s dour economic outlook cast a negative spell on the markets yesterday, sending indexes off at least 2% and shaking investors’ confidence further. The Fed’s promise to take steps to cure the ills of the economy underscored its concerns about the recovery and, therefore, did...
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Bears/Bulls Waiting to See Who Blinks First 08-11-2010
Wednesday, August 11, 2010 - 2:30pm | 860Cusick’s Corner It looks like the market is starting to fear the Fed’s two main concerns -- weak recovery and potential deflation. So the Fed jumped in and told everyone that they are now magically pulling out money to buy Treasurys, infusing capital into the system while hopefully holding off...
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Company News for August 11, 2010 - Corporate Summary
Wednesday, August 11, 2010 - 10:05am | 384• National Securities initiated coverage of NeoStem (NYSE: NBS) with a "buy" rating and a $3 price target • WD-40 (NASDAQ: WDFC) offered upside fiscal 2010 guidance for fully diluted share earnings matching or topping prior guidance $2.05-$2.14 • Macy's (NYSE: M) beat estimates with second quarter...
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Macy's Outperforms, Ups Outlook - Analyst Blog
Wednesday, August 11, 2010 - 10:05am | 437Macy’s Inc. (M) has posted second-quarter 2010 results that topped Zacks' expectations. The quarterly earnings of 35 cents a share outperformed the Zacks Consensus Estimate of 28 cents, and rose 75% from 20 cents delivered in the prior-year quarter. The company has been taking prudent steps to...