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Nike (NKE) To Benefit From Margin Opportunities, New Product Cycle
Thursday, March 18, 2010 - 3:22pm | 206Analysts at Oppenheimer & Co maintain their "perform" rating on Nike Inc (NYSE: NKE), while raising their estimates for the company. NKE posted its results for the latest quarter significantly ahead of the estimates. According to Oppenheimer & Co, “…Nike is about to get into the toning...
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Top Performing Industries For March 18 (NKE, ZIPR, FDX, CNC, GME)
Thursday, March 18, 2010 - 3:11pm | 356At 2:31 p.m., Dow gained 35.90, or 0.33%, to 10,769.57, while the broader Standard & Poor's 500 index fell 1.62, or 0.14%, to 1,164.59. The Nasdaq composite index added 1.39, or 0.06%, to 2390.48. The industries that are driving the market today are: Textile - Apparel Footwear & Accessories...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 1:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
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Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 1:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
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Nike Inc. (NKE) Appears Promising On Charts After Forming New 52 Week High
Thursday, March 18, 2010 - 1:17pm | 87Nike Inc. (NYSE: NKE) set a new 52-week high after a gap-up opening on Thursday once the Q3 earnings of athletic shoe and clothing company beat street expectations. An analyst simultaneously raised expectations after the upbeat earnings posted by Nike Inc. (NKE). Shares gained 5.77% by mid-day...
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Credit Suisse Advising Clients To Stick With Nike (NKE)
Thursday, March 18, 2010 - 12:45pm | 217Credit Suisse analysts have an Outperform rating on Nike (NYSE: NKE) shares, and they are advising clients to remain invested in the stock after last night's earnings report. Nike (NKE) reported Q3 EPS of $1.01, which surpassed consensus estimates by $0.12. CS analysts said that the strong numbers...
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Benzinga’s Top Upgrades (NKE, BF-B, CAR, BKC, MDTH)
Thursday, March 18, 2010 - 10:29am | 242Nike Inc (NYSE: NKE) was upgraded by FBR Capital from “market perform” to “outperform.” NKE’s shares closed at $70.88 yesterday. NKE’s shares have gained 7.70% year-to-date. Read more about this company here. UBS upgraded Brown-Forman Corporation (NYSE: BF-B) from “sell” to “neutral.” BF-B’s...
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Company News for March 18, 2010 - Corporate Summary
Thursday, March 18, 2010 - 9:31am | 298• Citigroup (NYSE:C) downgraded financial shares from "overweight" to "neutral," warning that early-cycle gains in financial sector shares, up 63% over the past year, may fade heading into the bull market's second year • After the close yesterday, Nike (NYSE:NKE) reported sharply-higher-than-...
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US Stock Futures Mixed (PFE, TEVA, GSK, NKE, NVS, FDX)
Thursday, March 18, 2010 - 9:04am | 300US stock futures were mixed today as investors got fidgety on concerns surrounding the duration of a recent rally. The reluctance of Eurozone nations to support debt-reduction initiatives in Greece also heightened investor concerns. While futures on S&P 500 lost 1.2 points to 1,159.80, those on...
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Benzinga’s Top Pre-Market Gainers (NKE, TEVA, SMRT, BRCM)
Thursday, March 18, 2010 - 8:27am | 261NIKE, Inc. (NYSE: NKE) gained 4.01% to $73.72 in the pre-market session. NIKE was upgraded today by FBR Capital from Market Perform to Outperform and the price target increased from $67 to $84. NKE made a new 52 week high at $71.33 in the previous trading session. In the last six months, NKE has...
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U.S. Equity Market Preview (CAH, CLC, GES, MLHR, NKE)
Thursday, March 18, 2010 - 8:02am | 291Shares of the following companies may see unusual movements in trading on Thursday, according to Bloomberg. Cardinal Health, Inc. (NYSE: CAH), which is the second biggest drug distributor in U.S., won a $206.4 million contract from U.S. defense department, according to a statement posted by the...
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ETFs To Watch March 18, 2010 (IYT, EWZ, HAO, MTK)
Thursday, March 18, 2010 - 2:22am | 239Here is the ETF Professor's ETF Watch List for Thursday March 18, 2010. Play the good retail news from Nike (NYSE: NKE) and Guess (NYSE: GES) with the SPDR S&P Retail ETF (NYSE: XRT). Play FedEx (NYSE: FDX) earnings with the iShares Dow Jones Transportation Average (NYSE: IYT). The Market...
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Nike, Inc. (NKE) Reports Third-Quarter Results
Wednesday, March 17, 2010 - 5:48pm | 265Sports apparel and footwear maker, Nike, Inc. (NYSE: NKE), reported its third-quarter results on Wednesday. The company reported a profit in its third-quarter, which was ahead of estimates. The earnings upside was driven by fewer clearance sales and an improvement in sales across the globe. Nike,...