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US Stock Futures Face Dismal Day Again
Friday, August 20, 2010 - 6:21am | 377Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 67 points to 10,271, the S&P 500 futures shed 7.3 points to 1,075.63, and the NASDAQ futures...
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Earnings Scheduled For August 20 (SJM, ANN, HRL, COCO, KIRK, CHMP, MTRX, HIBB)
Friday, August 20, 2010 - 5:10am | 217JM Smucker (NYSE: SJM) is expected to post its FQ3 profit of $0.96 per share on $1.07 billion in revenue. AnnTaylor (NYSE: ANN) is estimated to report its Q2 EPS at $0.33 on revenue of $503.30 million. Hormel Foods Corp (NYSE: HRL) may post its FQ3 earnings of $0.60 per share on $1.67 billion in...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, August 19, 2010 - 1:13pm | 349Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Abraxas Petroleum Corp (AXAS) Dollar Financial Corp (DLLR) ICx Technologies, Inc (ICXT) Lincoln Educational Services Corp (LINC) Markel Corp (MKL) View the entire Zacks #5 Rank List. ABRAXAS PETE/NV (AXAS): Free...
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Lincoln Education CFO Sells 16,034 Shares of LINC
Wednesday, August 18, 2010 - 4:00pm | 56In a Form 4 filed after the bell today, Lincoln Educational Services. (NASDAQ: LINC) Chief Financial Officer, Cesar Ribeiro, reported that he sold 16,034 shares of LINC on August 11th-17th for an average price of $12.69. The transaction totaled $203,430. Mr. Ribeiro owns 71,870 direct shares of...
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Education Names Catching A Bid After Brutal Sell-Off (STRA, LOPE, CPLA, LINC)
Wednesday, August 18, 2010 - 1:40pm | 205A number of private education stocks are rising on unusual volume today after the sector was crushed on Monday when the Department of Education released a report showing that nearly two-thirds of the schools' students did not repay federal loans. Among the names that have been particularly active...
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Benzinga’s Volume Movers (JAZZ, ENDP, CAGC, STRA)
Wednesday, August 18, 2010 - 11:31am | 199Jazz Pharmaceuticals Inc (NASDAQ: JAZZ) shares moved up 11.51% to $11.43 at 12:00 pm. The volume of JAZZ shares traded was 752% higher than normal. The US Food and Drug Administration (FDA) revealed through its documents that its agency reviewers have considered the effectiveness of JAZZ's drug...
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Bond Prices Have Stalled 08-17-2010
Tuesday, August 17, 2010 - 2:20pm | 1038Cusick’s Corner The market made a nice move into the Midday and over the last few hours trading has turned into a complete grind. Yesterday’s late day pullback seems to have washed out the weak longs, but there has been equal pressure on the shorts today. These kinds of moves are expected when...
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Zacks Analyst Blog Highlights: Biovail, Valeant Pharma, DeVry, Advance Auto Parts and Halliburton Company - Press Releases
Tuesday, August 17, 2010 - 10:47am | 1379For Immediate Release Chicago, IL – August 16, 2010 – Zacks.com Analyst Blog features: Biovail Corporation (BVF), Valeant Pharma (VRX), DeVry Inc. (DV), Advance Auto Parts Inc. (AAP) and Halliburton Company (HAL ). Here are highlights from Friday’s Analyst Blog: Biovail Beats in Q2 Biovail...
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Tough to Read Market's Current Tea Leaves
Monday, August 16, 2010 - 5:20pm | 851Cusick’s Corner The market is giving us little to draw from, not telling us which way it wants to tilt. With trade volume thin and Housing data around the corner, the potentially best course is to trade conservatively and be very aware of the choppy nature of this market. Keep an eye on the...
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Top 5 Percentage Gainers On NYSE (PAR, TAM, UTI, BPI, CML)
Monday, August 16, 2010 - 2:38pm | 183These stocks are the top 5 performing stocks on the NYSE today in terms of percentage gains. (100,000 shares or more traded) Shares of 3PAR Inc Common Stock (NYSE: PAR) are at $17.97, skyrocketing $8.32 or 86.22% after the data storage company agreed to be acquired by Dell (NASDAQ: DELL). Shares of...
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Bonds Prices on the Move 08-16-2010
Monday, August 16, 2010 - 1:24pm | 916Cusick’s Corner The market is stuck in a tight range on very light trading going into the Midday. Equities are not really tipping either way, so it looks like traders are happy at this stage hanging out in the dog days. But bond traders are busy, the long end of the curve is really on the move...
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Think Defense 08-13-2010
Monday, August 16, 2010 - 12:51pm | 926Cusick’s Corner These end-of-the-week markets have been in quite a quandary. This pullback has been on light volume and today’s was one of the lowest of the year. Most recent data tells us that at home -- deflation prospects are increasing and unemployment is still a challenge, while abroad --...
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Capella Education Is In Free-Fall, Trend Could Continue (CPLA)
Monday, August 16, 2010 - 12:48pm | 296Looking at the chart of Capella Education (NASDAQ: CPLA), reveals that the shares have been in complete free-fall in August. During today's trading session, CPLA has fallen 13.45% to $60.76. The stock was trading above $90 at the beginning of the month. Today, the Department of Education released...
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Benzinga’s Volume Movers (RSCR, SYUT, ASYS, APOL)
Monday, August 16, 2010 - 12:30pm | 205Res-Care Inc (NASDAQ: RSCR) shares surged 21.89% to $12.36 at 12:48 pm. The volume of RSCR shares traded was 3691% higher than normal. Onex Corp has offered to purchase all of the outstanding shares of RSCR for $12.60. Synutra International Inc (NASDAQ: SYUT) shares moved up 20.03% to $14.74. The...
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Oppenheimer Out With Report On Education Names (DV, CPLA, LINC, APOL)
Monday, August 16, 2010 - 8:40am | 201Oppenheimer & Co. is out with a research report on the education names, such as DeVry, Inc. (NYSE: DV), Lincoln (NASDAQ: LINC), Capella (NASDAQ: CPLA) and Apollo (NASDAQ: APOL). In the report Oppenheimer & Co. notes, "Within our coverage, DeVry (DV, O), Lincoln (LINC, O), Capella (CPLA, O...