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US Stock Futures Down Ahead Of Economic Data
Thursday, August 18, 2011 - 5:18am | 435US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dipped 177 points to 11,204.00 and S&P 500 index futures fell 21.90 points to 1,168.00. Nasdaq 100 futures dropped 44.00 points to 2,131.25. US stocks closed mixed on...
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Earnings Scheduled For August 18
Thursday, August 18, 2011 - 3:17am | 594Dollar Tree Inc (NASDAQ: DLTR) is projected to report its Q2 EPS at $0.75 on revenue of $1.55 billion. Sears Holdings Corporation (NASDAQ: SHLD) is estimated to post a Q2 loss at $0.46 per share on revenue of $10.13 billion. Gap Inc (The) (NYSE: GPS) is projected to report its Q2 EPS at $0.33 on...
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Fast Money Picks For August 18th (PBR, FRX, TGT, AMZN)
Wednesday, August 17, 2011 - 6:01pm | 176On CNBC's Fast Money, Tim Seymour recommended a long position in Petroleo Brasileiro SA (ADR) (NYSE: PBR). Petroleo Brasileiro SA (ADR) (PBR) gained 1.24%, and it closed at $29.37. Guy Adami believes that Forest Laboratories, Inc. (NYSE: FRX) is a buy. Forest Laboratories, Inc. (FRX) fell 2.44%...
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Notable Call Options Activity in Family Dollar Stores
Wednesday, August 17, 2011 - 11:25am | 94Shares of Family Dollar Stores (NYSE: FDO) are lower on the session by 1.68%, currently trading at $50.44. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...
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Pre-Market Gainers; Eastman Kodak up on Bloomberg Article
Wednesday, August 17, 2011 - 8:24am | 117Eastman Kodak (NYSE: EK) +14.95% following a Bloomberg article discussing the value of company's patents. Approach Resources (NASDAQ: AREX) +14.14% Clearwire (NASDAQ: CLWR) +8.74% Staples (NASDAQ: SPLS) +8.30% on better than expected Q2 earnings and Q3 guidance. Chico's (NYSE: CHS) +5.08% on...
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Earnings Roundup
Wednesday, August 17, 2011 - 8:11am | 1175Staples Inc (NASDAQ: SPLS) reported a 36% rise in its fiscal second-quarter profit. Staples' quarterly profit surged to $176.4 million, or $0.25 per share, from $129.8 million, or $0.18 per share, in the year-ago period. Its sales climbed 5.2% to $5.82 billion. Excluding a $21 million tax refund,...
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News Summary for August 17, 2011
Wednesday, August 17, 2011 - 6:48am | 595This is your Benzinga news summary and traders' outlook for Wednesday, August 17, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S...
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US Stock Futures Flat; Inflation Data In Focus
Wednesday, August 17, 2011 - 5:12am | 528US stock futures are flat this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 1 point to 11,388.00 and S&P 500 index futures rose 0.50 points to 1,192.80. Nasdaq 100 futures dropped 6.00 points to 2,193.00. US stocks closed lower on...
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Earnings Scheduled For August 17
Wednesday, August 17, 2011 - 3:19am | 454Limited Brands Inc (NYSE: LTD) is expected to report its Q2 EPS at $0.46 on revenue of $2.44 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q2 EPS at $0.20 on revenue of $5.65 billion. Deere & Company (NYSE: DE) is estimated to report its FQ3 EPS at $1.67 on revenue of $7.50...
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Fast Money Picks For August 17th (FXE, SPY, TGT, LPX)
Tuesday, August 16, 2011 - 6:41pm | 171On CNBC's Fast Money, Brian Kelly said that he is a buyer of euro. He wants to buy CurrencyShares Euro Trust (NYSE: FXE) tomorrow. CurrencyShares Euro Trust (FXE) fell 0.22% today, and closed at $143.53. Dan Nathan wants to sell rallies in the S&P 500. If you agree, you can take a look at SPDR...
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Wells Fargo Raising Estimates On Dollar Tree Stores
Tuesday, August 16, 2011 - 7:27am | 172Wells Fargo is out with a research report on Dollar Tree Stores, Inc. (NASDAQ: DLTR) and is raising earnings estimates on it. It has a $72-$76 price target on shares. In the notes, Wells Fargo writes, "We are reiterating our positive view on the dollar stores, in light of recent market volatility...
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Goldman Sachs Maintains Buy on Target
Monday, August 15, 2011 - 8:44am | 150Goldman Sachs is out with its report today on Target (NYSE: TGT), maintaining Buy. In its report, Goldman Sachs writes, "TGT's shares have outperformed over the past two weeks of market turmoil, declining 4% vs. the 9% decline in the S&P 500. In our view, the outperformance reflects the market...
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Benzinga's Top Upgrades
Monday, August 15, 2011 - 7:25am | 130Analysts at Rodman & Renshaw upgraded Exact Sciences Corporation (NASDAQ: EXAS) from “market perform” to “market outperform.” EXAS' shares closed at $6.44 on Friday. Exact Sciences' trailing-twelve-month revenue is $4.81 million. Analysts at Goldman Sachs upgraded Family Dollar Stores Inc (...
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UPDATE: Goldman Sachs Upgrades Family Dollar Stores to Buy
Monday, August 15, 2011 - 6:54am | 83Goldman Sachs is out with its report today on Family Dollar Stores (NYSE: FDO), upgrading FDO to Buy from Neutral. In its report, Goldman Sachs writes, "We are upgrading FDO to Buy from Neutral with 22% upside to our upwardly revised $60, 12-month price target. We are raising our F11E/FY12E/FY13E...
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News Summary for August 15, 2011
Monday, August 15, 2011 - 6:46am | 634This is your Benzinga news summary and traders' outlook for Monday, August 15, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S....