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Nike Beats Earnings Estimates (NKE)
Wednesday, March 17, 2010 - 4:23pm | 134Nike (NYSE: NKE) has just released their quarterly earnings numbers, beating Wall Street estimates. The Beaverton, Oregon based footwear company reported third quarter net income of $496 million, or $1.01 per share, compared to $244 million or $0.50 per share in last year's corresponding quarter....
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Market Roundup (CROX, BBI, AA, GOOG, PLCM)
Wednesday, March 17, 2010 - 2:29pm | 274Crocs (NASDAQ: CROX) shares had a nice run up after Piper Jaffray reiterated its “overweight” rating and raised its price target from $8.50 to $9. Following its two-day meeting with CROX senior management, Piper Jaffray’s confidence in the company’s leadership, growth strategies and global market...
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Company News for March 17, 2010 - Corporate Summary
Wednesday, March 17, 2010 - 10:29am | 153• Discover (NYSE:DFC) reported results after the close yesterday. A fiscal first-quarter loss of 22 cents a share compared with a 25 cent profit a year ago as charge-offs rose to 8.51% from 8.43% in the year-ago period • Goldman Sachs (NYSE:GS) added Autodesk (NASDAQ:ADSK) to its Conviction Buy...
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Nike Earnings Preview (NKE)
Tuesday, March 16, 2010 - 10:11pm | 118Tomorrow afternoon, after the closing bell, Nike (NYSE: NKE) will be reporting their quarterly earnings numbers. Analysts polled by Thomson Reuters are anticipating the Beaverton, Oregon based retailer will post EPS of $0.88 on revenue of $4.6 billion. In last year's corresponding quarter, Nike (...
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Apple Hires Wearable Computing Engineer, Richard DeVaul (AAPL)
Tuesday, March 16, 2010 - 2:23pm | 155Apple (NASDAQ: AAPL) has hired wearable computing engineer, Richard DeVaul who is the co-founder of AWare Technologies, which focuses on creating products for the fitness and wellness markets. According to Mr. DeVaul's blog, he is "an expert in signal processing and real-time statistical...
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Nike, Inc.’s (NKE) Price Target Raised
Monday, March 15, 2010 - 2:55pm | 104Analysts at Thomas Weisel Partners have raised the price target for Nike, Inc. (NYSE: NKE) stock from $70 to $77. The new price target represents a multiple of 18x analysts’ FY11 EPS estimate. Nike will report its third-quarter results on March 17. Analysts are confident that the company will meet...
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WHAT’S ON TAP?
Sunday, March 14, 2010 - 2:00pm | 998After a slow week last week the news picks up again. In addition to several important economic reports we also get a Fed meeting on Tuesday. Investors are expecting further accommodative talk from the Fed so any decision could already be priced into the market. Language changes could be the...
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Madonna Signs A Deal With Iconix Brand Group (ICON, M)
Wednesday, March 10, 2010 - 1:22pm | 110Madonna has entered into a joint venture with Iconix Brand Group (NASDAQ: ICON) for developing, and acquiring brands. Madonna has entered the deal through an entity controlled by her, and her manager, Guy Oseary. Madonna has agreed to provide creative services related to promotion, and development...
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Cramer On Mad Money Recommends JCG, MW, GNTX, DMA; Asks Investors To Avoid CRZO, CLNE
Monday, March 8, 2010 - 8:32am | 442On his "Mad Money" TV show on Friday, Jim Cramer told investors that the game plan for the week starting March 8 would be to focus on the sentiments conveyed by individual companies, rather than on macroeconomic data. Cramer recommended buying J Crew (NYSE: JCG) ahead of its earnings results....
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Mad Money Recap: Jim Finds DECK extremely cheap, WES’ Growth Prospects Attractive
Thursday, March 4, 2010 - 8:09am | 389In his "Mad Money" TV show, Jim Cramer said that America may be a bad place to invest at the moment, but the rest of the world is far worse. China is a high-risk market due to the government’s measures to slowdown the country’s economy. Japan, once a high performer, is riddled with a stagnant...
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S&P 500 May Surpass 15-Month High (NKE, GPS)
Wednesday, March 3, 2010 - 11:26pm | 147The rise in consumer stocks across the U.S. could help S&P 500 surpass the 15 month high it reached in January this year. An Exchange Traded Fund (ETF) that tracks 80 stocks such as Nike, Inc. (NYSE: NKE) and Gap, Inc.(NYSE: GPS) rose to $31, a level last seen in September 2008. The ETF was up...
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Tuesday's Hot Stocks: One Fahionable Option Trade
Wednesday, March 3, 2010 - 10:27am | 2788With the major indices trading slightly higher Tuesday, there were 28 stocks which broke higher on BIG volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to...
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Monday's Hot Stocks: Charge Up Your Portfolio With Volterra
Tuesday, March 2, 2010 - 11:06am | 2280With the major indices starting off March with a bang Monday, there were plenty of stocks which traded higher on above average volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
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Toning Shoes, A Hot Rising Market: Conundrum For Nike (NKE)
Monday, March 1, 2010 - 3:52pm | 116The latest niche segment in footwear, the toning shoes, could prove to be an Achilles' heel for Nike (NYSE: NKE), the world’s largest athletic shoe maker. The segment has grown rapidly from $17 million to $245 million in the last year and is expected to bring in sales of around $1 billion USD this...
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Today's New 52 Week Highs (BIDU, CREE, DECK, LOPE)
Friday, February 26, 2010 - 4:09pm | 190Among the notable names trading on the Nasdaq exchange that have made new 52 week highs today are Baidu (NASDAQ: BIDU), Cree (NASDAQ: CREE), Deckers Outdoor (NASDAQ: DECK) and Grand Canyon Education (NASDAQ: LOPE). Baidu (BIDU) has been moving higher throughout February and has surged another 1.65...