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Top 5 Large-Cap NASDAQ Stocks With Highest Revenue Estimates (COST, MSFT, DELL, SHLD, ESRX)
Wednesday, April 14, 2010 - 5:38am | 179Below are the top 5 large-cap stocks in the NASDAQ in terms of revenue estimates. Costco Wholesale Corporation (NASDAQ: COST) is expected to generate $77.94 billion of revenues this year. COST’s quarterly earnings growth stands at 25.10% y/y. Microsoft Corporation (NASDAQ: MSFT) is expected to...
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Market Roundup (AMR, LCC, UAUA, KO, PEP, BUD, DEO, STZ, TJX, JCP, AA)
Friday, April 9, 2010 - 2:52pm | 332AMR (NYSE: AMR) chief Gerard Arpey said that consolidation in the airline sector, such as a merger of UAL (NASDAQ: UAUA) and US Airways (NYSE: LCC), would help the sector. However, he does not expect American Airlines to participate in an M&A mania that is "not a panacea." He is, instead,...
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Bulls Push Macy’s Higher
Friday, April 9, 2010 - 11:25am | 157Macy’s (NYSE: M), just a year ago thought to be on the brink of bankruptcy, is moving higher once again this morning by 1.37% to $22.96, up 353% since those dark days. The company was also given a positive note by Soleil Securities in an analyst note this morning, where the target price was raised...
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Company News for April 9, 2010 - Corporate Summary
Friday, April 9, 2010 - 9:45am | 167• Walmart (NYSE:WMT) announced price cuts on about 10,000 items, mainly food and other staples, in an aggressive campaign to hold onto market gains as a discount leader • Constellation Brands (NYSE:STZ) reported estimate-beating results of 27 cents, three cents higher than expected, and up from 21...
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JCP Upped By Goldman
Friday, April 9, 2010 - 9:44am | 39Analysts at Goldman upgrade JC Penney (NYSE: JCP) from “neutral” to “conviction buy.” Shares of JCP closed at $30.98 yesterday. More Analyst Ratings here.
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"Mad Money Lightning Round:" Jim Considers NKE, SHLD, GPS, JDSU, BAC, SWKS Great Investments
Friday, April 9, 2010 - 6:53am | 299In his "Mad Money Lightning Round," Jim Cramer said that Nike (NYSE: NKE) has become a perfect investment ever since consumer spending has risen. He said he will continue to consider NKE a good buy up to $90. NKE lost 0.54% in after hours. Jim expressed his liking for Sears Holdings (NASDAQ: SHLD)...
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March Retail Sales Jump; Retail Stocks Follow Suit (GPS, ROST, TGT, JWN, COST, JCP, ANF, TJX, ARO)
Thursday, April 8, 2010 - 2:23pm | 305With consumption reigniting, retail stocks rose today, even though some of them were close to their 52-week highs. The surge was propelled by retailers achieving record sales for March. The S&P Retail Index rose almost 0.9% to 464.20. Shares of Gap (NYSE: GPS) were up 2.43% at $24.44 at 1:38pm...
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J.C. Penney (JCP) Raises Q1 Guidance
Thursday, April 8, 2010 - 11:53am | 113Clothing retailer J.C. Penney (NYSE: JCP) has raised its Q1 sales estimates by 2%, and raised the earnings estimate range to $0.20 to $0.24. This was prompted by the growth of 5% in overall company sales during the 5 week period ending April 3rd. The children’s apparel division was the star...
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Easter Boosts Clothing Sales (GPS, SKS, TJX)
Thursday, April 8, 2010 - 10:59am | 132An early Easter this year has helped clothing retailers to comfortably beat analysts’ sales estimates. Major retailers like Gap (NYSE: GPS), Saks (NYSE: SKS) and TJX (NYSE: TJX) posted sales growths of 11% or more. Estimates for Gap Inc. and Saks Inc. were made at half or less, of the actual...
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The Retail ETF Is Banking On Positive Reports From Retailers This Week
Monday, April 5, 2010 - 6:53pm | 2126“Several retailers are reporting earnings this week and positive sentiment from these companies will continue to fuel the year-to-date rise in the SPDR S&P Retail ETF (NYSE: XRT). (XRT) rose by 16% in the year through March and this performance was strong enough to earn it a spot on my list of...
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Walgreen Reports Increase In Monthly Sales (WAG, TGT, JCP)
Monday, April 5, 2010 - 1:29pm | 119Walgreen Co. (NYSE: WAG) has reported a 2.3 percent increase in its March sales in drugstores open at least a year. The increase is, however, lower-than-expectations. According to Reuters, analysts had pegged their expectations at 2.4 percent. This increase points to the upbeat trend in retail...
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Daily Quality Update from Ascendere Associates LLC - March 30, 2010
Tuesday, March 30, 2010 - 10:30pm | 678At the market close on March 30, 2010, 'high-quality' stocks in the Ascendere Long/Short Model Portfolio rose 0.11% and 'low-quality' stocks in the short portfolio declined -0.10%. Given the 120/80 long/short weighting, the portfolio appreciated 0.22% for the day. The model...
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Consumer Confidence Rebounds (TIF, M)
Tuesday, March 30, 2010 - 12:32pm | 143The Conference Board said its index of consumer attitudes rose to 52.5 in March from an upwardly revised 46.4 in February. Analysts were expecting a March reading of 51.0. The expectations index rose to 70.2 from a revised 62.9. The present conditions index increased from 21.7 to 26.0 and is at its...
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Market News – Bank of America (NYSE:BAC), American International Group (NYSE:AIG), Verizon (NYSE:VZ), Mitsubishi Financial Group (NYSE:MTU), Morgan Stanley (NYSE:MS)
Tuesday, March 30, 2010 - 10:54am | 973To start the news day, reports indicate that the housing market has continued to struggle early this year, but there’s some hope on the horizon. The S&P/Case-Shiller 20-city home-price index is reporting a 0.7% decline for January of this year (compared to last year). But this also means a...
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Market News – Bank of America (NYSE:BAC), American International Group (NYSE:AIG), Verizon (NYSE:VZ), Mitsubishi Financial Group (NYSE:MTU), Morgan Stanley (NYSE:MS)
Tuesday, March 30, 2010 - 10:54am | 973To start the news day, reports indicate that the housing market has continued to struggle early this year, but there’s some hope on the horizon. The S&P/Case-Shiller 20-city home-price index is reporting a 0.7% decline for January of this year (compared to last year). But this also means a...