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What Analysts Expect Out of Amazon, LinkedIn, Chevron, and ExxonMobil Earnings
Thursday, October 27, 2016 - 11:42am | 1811The next two days are jam-packed with quarterly results from some of the biggest and most recognizable companies. Amazon.com, Inc. (NASDAQ: AMZN), the world’s largest e-commerce site is among the post-session Thursday releases, but it’s not the retail results that analysts say they...
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Guggenheim Initiates Coverage On 21 Retail Stocks
Friday, September 30, 2016 - 8:53am | 482Guggenheim Securities initiated coverage on 21 companies in the retail sector. The brokerage accorded 13 companies with a Buy rating and the rest with a Neutral rating. The firm's ratings are listed below. Check back on Benzinga for further coverage of these initiations. Discount Store...
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Benzinga's Top Downgrades
Wednesday, September 28, 2016 - 9:00am | 369Analysts at Brean Capital downgraded Nike Inc (NYSE: NKE) from Buy to Hold. Nike shares dropped 2.57 percent to $53.92 in pre-market trading. Analysts at UBS downgraded AT&T Inc. (NYSE: T) from Buy to Neutral. AT&T shares fell 0.94 percent to $41.07 in pre-market trading...
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Benzinga's Top Upgrades
Wednesday, September 14, 2016 - 9:01am | 384Wunderlich upgraded Arctic Cat Inc (NASDAQ: ACAT) from Sell to Hold. The price target for Arctic Cat is set to $13. Arctic Cat shares dropped 2.97 percent to close at $13.72 on Tuesday. Analysts at Citigroup upgraded Macy's Inc (NYSE: M) from Neutral to Buy. The price target...
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10 Notable Stocks Trading Ex-Dividend Tuesday, September 13
Monday, September 12, 2016 - 1:14pm | 359It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the...
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Watch These 7 Huge Put Purchases In Wednesday Trade
Wednesday, August 24, 2016 - 3:07am | 226Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Tuesday’s regular session. Steel Dynamics, Inc. (NASDAQ:...
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More Insight Into Consumer Ahead with Lowe's, Home Depot
Monday, August 15, 2016 - 9:46am | 1747As the summer doldrums roll on, a nap may seem tempting. But stay awake this coming week for a host of data that may give more insight into U.S. consumers. Friday’s retail sales report for July, which showed no gain in contrast with expectations for a 0.4% rise, was something of a puzzler...
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Goldman Still Worried Long-Term Profit Headwinds Remain At Kohl's
Friday, August 12, 2016 - 10:55am | 328Goldman Sachs reiterated its Sell rating on Kohl's Corporation (NYSE: KSS), despite better second quarter comp and profitability, saying that long-term profit headwinds still remain. "The sequential comp improvement does not signal a path to positive comps near-term, in our view, as...
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10 Biggest Price Target Changes For Friday
Friday, August 12, 2016 - 9:53am | 326Morgan Stanley boosted the price target for NVIDIA Corporation (NASDAQ: NVDA) from $55 to $64. NVIDIA shares closed at $59.70 on Thursday. SunTrust Robinson Humphrey raised Alibaba Group Holding Ltd (NYSE: BABA) price target from $90 to $110. Alibaba shares closed at $91.77 on...
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Susquehanna Initiates Steve Madden With Positive Rating, $42 Target
Friday, August 12, 2016 - 9:39am | 324Steven Madden, Ltd. (NASDAQ: SHOO) is managing well in a challenging retail environment, and the move to a JV model for International could bear fruit in 2017, Susquehanna’s Sam Poser said in a report. He initiated coverage of the company with a Positive rating and a price target of $42....
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Benzinga's Top Downgrades
Friday, August 12, 2016 - 9:14am | 368Morgan Stanley downgraded SunPower Corporation (NASDAQ: SPWR) from Sector Overweight to Equal-weight. The price target for SunPower has been lowered from $27 to $12. SunPower shares dropped 1.13 percent to $10.51 in pre-market trading. Analysts at Macquarie downgraded Macy's...
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Citi Thinks Macy's Management Now Understands The New Retail Environment
Friday, August 12, 2016 - 8:05am | 305Macy's Inc (NYSE: M) has announced the closure of 100 stores. This strategic decision indicates that management is taking steps to “adapt to the new retail environment,” Citi’s Paul Lejuez said in the report. He maintained a Neutral rating on the company, while raising the...
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Nordstrom To Report Earnings After The Bell
Thursday, August 11, 2016 - 3:39pm | 198Nordstrom, Inc. (NYSE: JWN) is set to report its Q3 results after the close. Investors should expect Nordstrom to release earnings at approximately 4:05 p.m. ET, based on earnings from the past three quarters. Ahead of the report, Nordstrom is trading up about 8 percent today on the heels of...
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Mid-Afternoon Market Update: A Schulman Drops On Lowered Guidance; Macy's Shares Spike Higher
Thursday, August 11, 2016 - 2:47pm | 708Toward the end of trading Thursday, the Dow traded up 0.71 percent to 18,626.87 while the NASDAQ climbed 0.53 percent to 5,232.37. The S&P also rose, gaining 0.52 percent to 2,186.87. Leading and Lagging Sectors Thursday afternoon, the energy sector proved to be a source of...
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18 Biggest Mid-Day Gainers For Thursday
Thursday, August 11, 2016 - 12:50pm | 642Aethlon Medical, Inc. (NASDAQ: AEMD) shares jumped 36 percent to $8.49 after the company reported a Zika virus data. Kura Oncology Inc (NASDAQ: KURA) shares surged 30.5 percent to $5.69 as the company posted a narrower-than-expected quarterly loss and issued an update on its Phase 2 trial of...