-
A Peek Into The Market Before The Trading Starts
Wednesday, February 23, 2011 - 7:57am | 482Pre-open movers US stock futures are higher this morning as investors are awaiting earnings reports. Futures on the Dow Jones Industrial Average rose 47 points to 12,230 and futures on the S&P 500 index gained 5 points to 1,319. Nasdaq 100 futures advanced 12.25 points to 2,334. A Peek Into...
-
Dollar Tree Reports Q4 EPS of $1.29
Wednesday, February 23, 2011 - 7:45am | 63Dollar Tree (NYSE: DLTR) reports its Q4 EPS at $1.29, versus the consensus of $1.27. DLTR reports its Q4 revenue at $1.73 billion, versus the consensus of $1.75 billion. DLTR reports 3.9% rise in its Q4 same-store sales. DLTR shares gained 0.02% to $52.18 in after-hours trading. Read more from...
-
Dollar Tree, Inc. Reports Q4 EPS of $1.29 vs. $1.27
Wednesday, February 23, 2011 - 7:37am | 82Dollar Tree, Inc. (NASDAQ: DLTR) today reported results for the quarter and fiscal year ended January 29, 2011. Consolidated net sales for the fourth quarter were $1.73 billion, a 10.7% increase compared to $1.56 billion reported for the quarter ended January 30, 2010. Comparable store sales...
-
Events to Monitor Over Weekend 02-18-2011
Friday, February 18, 2011 - 6:40pm | 784Cusick's Corner From a technical perspective, this market is strong and is showing no sign of any short-term resistance. While technicals are in line, next resistance level S&P 1344, there are some fundamental events that you should monitor over the weekend. First, German elections -- it looks...
-
Alert: Target Hits Major Support, Could See Rise
Friday, February 18, 2011 - 12:33pm | 92Target Corporation (NYSE: TGT) has been crushed of late, dropping almost daily from the 52 week high, hit on January 3rd, 2011. This level was $60.97. From that pivot high, the stock has collapsed, dropping on sales fears and worries. As of today, Target Corp. hit a massive support level at $51.75...
-
Spike in VIX Put Buying 02-17-2011
Thursday, February 17, 2011 - 6:58pm | 830Cusick's Corner The market continued to set new highs and insurance is starting to be a consideration. The VIX closed 16.59 -.13 and was in the green for the latter part of the day. There was a slight influx of some VIX put buying in spite of the continued challenge to the upside. While this is...
-
Short-Term Technicals Extended 02-17-2011
Thursday, February 17, 2011 - 2:49pm | 941Cusick's Corner The S&P is up 4% so far this month and it's on a 9 session winning streak of finishing in the green. This leaves short-term technicals a little extended but it looks like there are no signals of this developing into pressure on the current bullish trend. If you watched the...
-
What's Hot on TheStreet
Thursday, February 17, 2011 - 1:21pm | 279Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Maverick Capital Goes Big on Bank of America Maverick Capital, the $9.4 billion hedge fund run by Lee Ainslie, initiated a big stake in Bank of America (NYSE: BAC) in the fourth quarter. The firm dumped Family...
-
Citi Comments On 2011 Product Cost Outlook (JCP, JWN, KSS, M, SKS, TGT, WMT)
Thursday, February 17, 2011 - 9:26am | 250Citi is out this morning with a Product Cost Outlook in the retail industries for 2011. In the report, Citi states that import prices have hit an all-time high in January, and predicts that retailers may be able to offset at least 50% of 2011 product cost inflation, that retailers have some leeway...
-
BTDStocks.com Wednesday, February 16, 2011 End-of-Day Update
Wednesday, February 16, 2011 - 9:38pm | 268Today's market action moved the major indexes to new high ground. In fact, the Nasdaq Composite is within striking ground of being at the highest level within the last decade. Investor participation and market breadth was strong. Keeping with the trend we are raising the support/resistance...
-
FOMC Minutes Optimistic 02-16-2011
Wednesday, February 16, 2011 - 6:43pm | 902Cusick's Corner The S&P 500 has now doubled its value from two years ago and the tone of the overall market remains upbeat. Corporate earnings are staying positive. The FOMC Minutes that were released today sounded more optimistic about the nation's recovery; however they were not satisfied...
-
Data Points to Inflation 02-16-2011
Wednesday, February 16, 2011 - 6:42pm | 956Cusick's Corner Inflation. The market this morning seems to think that inflation may be coming faster than originally anticipated. This was reflected in the PPI numbers that came in shockingly high, mostly due to commodity inflation. This puts further constraints on the consumer and whether or not...
-
Zings Of The Day (FDO, JPM)
Wednesday, February 16, 2011 - 5:12pm | 117Billionaire investor Nelson Peltz's Trian Capital sent a letter to Family Dollar (NYSE: FDO), saying he had a "contingent value letter" to take the company private for between $55 and $60 in cash. That's more than a family dollar. That's a pretty penny. Bernie Madoff gave his first interview for...
-
Top Narrow Based Indexes For February 16 (FDO, ELOS, PRAA)
Wednesday, February 16, 2011 - 10:46am | 200By 10:45 am, the Dow Jones Industrial Average was up 73.41 points, or 0.60%, to 12,300.05, while the broader Standard & Poor's 500 index had gained 8.56 points, or 0.64%. The NASDAQ composite index rose 20.84 points, or 0.74%. Some of the narrow based indexes that are driving the markets are...
-
Morning Market Movers (CYAN, FDO, RCKY, LZB)
Wednesday, February 16, 2011 - 10:01am | 129Cyanotech Corporation (NASDAQ: CYAN) gained 65.27% to $4.33 at 10:00 am. University of California Davis research study indicated that CYAN's Spirulina Pacifica may improve immune function and ameliorate anemia in persons over age 50. Family Dollar Stores Inc (NYSE: FDO) shares surged 24.20% to $54...