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Sears Crosses Above 200-Day Moving Average at $75.19
Tuesday, July 19, 2011 - 9:54am | 83The moving averages track the previous price action in a stock. In this case, the 200-day moving average compiles the average share price of the last 200 trading days. Perspective: Price above the average is perceived as positive while price below the average is negative. Currently, Sears (...
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Innophos Holdings: Fairly Valued Unless Speculations Prove True ($IPHS)
Friday, July 15, 2011 - 6:00am | 1778Barron's magazine conducts an annual roundtable interview with seasoned money managers to gather insight into the markets and showcase some interesting investment opportunities. Midway through the year, Barron's publishes a follow-up to see how these managers' picks have performed and to see how...
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Morgan Stanley Comments on J.C. Penney's Market Strategy
Thursday, July 14, 2011 - 8:46am | 201Morgan Stanley has released a research report on J.C. Penney (NYSE: JCP), noting the potential for market share loss. The report notes a potential failure of J.C. Penney's product and brand differentiation strategies over the past decade. J.C. Penney has attempted and failed to attract younger...
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Morgan Stanley Lowers PT On JC Penney To $28, Reiterates Underweight
Thursday, July 14, 2011 - 6:50am | 26Morgan Stanley has lowered the price target on JC Penney (NYSE: JCP) to $28 and maintains its Underweight rating.
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Piper Jaffray Maintains J.C. Penney Neutral, Lowers PT to $33
Tuesday, July 12, 2011 - 1:36pm | 116Piper Jaffray maintained its J.C. Penney (NYSE: JCP) Neutral rating and lowered its J.C. Penney price target from $37 to $33 in a research report published today. In the report, Piper Jaffray states, "We are revising our estimates and price target following the June sales release announcing a +2.0...
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Brian Sozzi Discusses The "13 Week All Stars"
Tuesday, July 12, 2011 - 10:42am | 267Brian Sozzi of Wall Street Strategies is out with a research report on the "13 Week All Stars," a list which has significantly outperformed the indexes. The list includes Quiksilver (NYSE: ZQK), Bebe (NASDAQ: BEBE), Hot Topic (NASDAQ: HOTT), Steve Madden (NASDAQ: SHOO), Lululemon (...
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Earnings Ahead 07-08-2011
Friday, July 8, 2011 - 5:26pm | 837Cusick's Corner Buyers showed up at the close, and I am holding the long deltas in the S&Ps and short deltas in the bonds over the weekend. The thought process is that next week we have earnings plus the anticipation for solid numbers that could potentially start to drive the market early. The...
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Piper Jaffray Reiterates Overweight and PT of $62 on Kohl's Corporation
Friday, July 8, 2011 - 8:52am | 55Piper Jaffray reiterated its Overweight rating on Kohl's Corporation (NYSE: KSS). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $62. On Thursday, Kohl's closed the day at $55.78. Its shares lost 1.83% of their value in today's pre-market trading to trade...
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Stocks to Watch for 07/8/11: Fresh 52 Week Highs and Lows
Friday, July 8, 2011 - 12:59am | 2553Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 7:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
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Stock Picks and Trade Ideas for Friday, July 8
Thursday, July 7, 2011 - 5:44pm | 1476( click to enlarge ) FiberTower Corporation (NASDAQ:FTWR) - 50-day SMA acting as support for now. Recent high was $1.85. Worth watching. Strong volume pattern. ( click to enlarge ) Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) - Looking good for $25.16 breakout. ( click to enlarge ) Macy...
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Kohl's up Over 6% on Increased June Comp Store Sales
Thursday, July 7, 2011 - 12:28pm | 39Kohl's (NYSE: KSS) is up over 6% on increased June retail sales data. The company's June comparable store sales were up 7.5%. The shares of Kohl's are currently trading at $55.52, a gain of 6.58%
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Dillard's Soaring As Same Store Sales Beat, REIT Conversion Near
Thursday, July 7, 2011 - 11:52am | 83Dillard's, Inc. (NYSE: DDS) shares are soaring this morning, gaining more than 8% this morning after the company reported better than expected same-store-sales this morning. The company reported that June same-store-sales rose 6%, versus expectations of 3.3% from Wall Street analysts. Net sales...
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Retail Sales Roundup
Thursday, July 7, 2011 - 10:40am | 423Macy's Inc (NYSE: M) reported a 6.7% rise in its June same-store sales and lifted its estimate of sales for the fiscal second quarter. Macy's total sales in June surged 7.5% to $2.39 billion from $2.23 billion. Analysts were expecting same-store sales to rise 5.1%. Macy's now projects Q2 same-store...
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Top Narrow Based Indexes For July 7
Thursday, July 7, 2011 - 10:37am | 181By 10:35 am, the Dow Jones Industrial Average was up 84.62 points, or 0.67%, to 12,710.64, while the broader Standard & Poor's 500 index had gained 11.33 points, or 0.85%. The NASDAQ composite index rose 29.02 points, or 1.02%. Some of the narrow based indexes that are driving the markets are...