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Stock Market News for November 18, 2010 - Market News
Thursday, November 18, 2010 - 5:06am | 1056Stocks closed mixed on Wednesday amid lingering concerns about debt problems in Europe and a sharp drop in construction of new homes in the U.S. Financials were the weak spot in yesterday's trading but strength in retailers' shares helped contain the losses. The blue-chip Dow average closed with a...
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Earnings Scheduled For November 18 (WSM, DELL, GPS, SHLD, CRM, ADSK, FL, ROST, SPLS, AEO, GME, PLCE, SJM, DLTR)
Thursday, November 18, 2010 - 4:26am | 336Williams-Sonoma (NYSE: WSM) is expected to report its Q3 EPS at $0.31. Dell Inc (NASDAQ: DELL) is likely to report its Q3 earnings at $0.33 per share on revenue of $15.76 billion. Gap (NYSE: GPS) is forecast to report its Q3 EPS at $0.47 on revenue of $3.58 billion. Sears (NASDAQ: SHLD) is...
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Stocks To Watch For November 18 (LTD, DELL, AMAT, DLTR, PETM)
Thursday, November 18, 2010 - 4:01am | 233Some of the stocks that may grab the investor focus today are: Limited Brands Inc (NYSE: LTD) reported its Q3 earnings at $0.18 per share, up from $0.05 per share, in the year-ago period. The company's sales came in at $1.98 billion, up from $1.77 billion, in the year-ago quarter. LTD shares surged...
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RadioShack Downgraded to Neutral - Analyst Blog
Wednesday, November 17, 2010 - 3:30pm | 611We downgrade our recommendation on RadioShack Corp. (RSH) to Neutral. Major near-term concern for RadioShack is the significant decline in its gross margin. In the third quarter of 2010, gross margin was 45.4% compared to 47.6% in the prior-year quarter and 47.5% in the previous quarter....
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Target Corporation Shares Up 3.8% (TGT)
Wednesday, November 17, 2010 - 1:51pm | 235Shares of Target Corporation (NYSE: TGT) are trading up 3.8% at $55.56 per share during the Wednesday afternoon trading session. The day's trading range for shares of Target Corporation has been between $54.75 and $55.85 per share. Analysts covering the company's stock give it a consensus price...
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Target Beats Estimate - Analyst Blog
Wednesday, November 17, 2010 - 11:33am | 843Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted third-quarter 2010 results. The quarterly earnings of 74 cents a share beat the Zacks Consensus Estimate of 68 cents, and rose 28.5% from 58 cents delivered in the prior-...
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News Summary
Wednesday, November 17, 2010 - 10:33am | 200Shares of BJ's Wholesale Club Inc (NYSE: BJ) gained about 4% after the company reported upbeat Q3 earnings. The company's profit came in at $0.43 per share, up from $0.32 per share, in the year-ago quarter. The company's sales surged about 5% y/y to $2.57 billion. However, analysts expected...
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Stock Market News for November 17, 2010 - Market News
Wednesday, November 17, 2010 - 10:33am | 985Reports of a slowdown in China and concerns that the European debt crisis could spread throughout the continent cast a shadow on Wall Street Tuesday, sending the Dow average to its biggest single-session drop since August. The fast-paced economic growth in some Asian economies, particularly...
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Company News for November 17, 2010 - Corporate Summary
Wednesday, November 17, 2010 - 10:33am | 719• Target's (NYSE: TGT) third quarter matched sales and earnings estimates, with earnings of $0.68 and revenues $15.61 billion • BJ's Wholesale Club (NYSE: BJ) posed third quarter results beating estimates by $0.07 at $0.43, on revenues up 4.9% YoY to $2.6 billion, in-line with expectations • Human...
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RadioShack Downgraded to Neutral - Analyst Blog
Wednesday, November 17, 2010 - 9:56am | 611We downgrade our recommendation on RadioShack Corp. (RSH) to Neutral. Major near-term concern for RadioShack is the significant decline in its gross margin. In the third quarter of 2010, gross margin was 45.4% compared to 47.6% in the prior-year quarter and 47.5% in the previous quarter....
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Dollar Tree Completes Acquisition of Canadian Dollar Giant Stores for $52M
Wednesday, November 17, 2010 - 9:10am | 88Dollar Tree, Inc. (NASDAQ: DLTR) today announced that it has completed its purchase of the assets of the Dollar Giant Store (B.C.) Ltd. Under the terms of the agreement, Dollar Tree acquired 86 Dollar Giant stores including substantially all assets, inventory, leasehold rights and intellectual...
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A Peek Into The Market Before The Trading Starts
Wednesday, November 17, 2010 - 8:42am | 382Pre-open movers US stock futures are higher, this morning, as investors awaited economic data. Futures on the Dow Jones Industrial Average gained 22 points to 11,006.00, while S&P 500 futures rose 3.50 points to 1,178.20. Nasdaq 100 futures moved up 7 points to 2,097.75. A Peek Into Global...
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Target Q3 Comparable-store Sales up 1.6%
Wednesday, November 17, 2010 - 8:37am | 62Target Corporation (NYSE: TGT) sales increased 3.0 percent in the third quarter to $15.2 billion in 2010 from $14.8 billion in 2009, due to a 1.6 percent increase in comparable-store sales combined with the contribution from new stores. Retail segment earnings before interest expense and income...
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US Stock Futures Up As Investors Await Economic Data
Wednesday, November 17, 2010 - 8:06am | 226US stock futures are higher, this morning, as investors awaited economic data. Futures on the Dow Jones Industrial Average gained 22 points to 11,006.00, while S&P 500 futures rose 3.50 points to 1,178.20. Nasdaq 100 futures moved up 7 points to 2,097.75. US stocks closed lower yesterday, with...
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Target Beats Estimate - Analyst Blog
Wednesday, November 17, 2010 - 5:54am | 843Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted third-quarter 2010 results. The quarterly earnings of 74 cents a share beat the Zacks Consensus Estimate of 68 cents, and rose 28.5% from 58 cents delivered in the prior-...