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NASDAQ Stocks Hitting 52-Week Highs (TWER, DLTR, MGEE, TWIN)
Tuesday, October 19, 2010 - 11:12am | 142Towerstream Corporation (NASDAQ: TWER) shares reached $2.55 to create a new 52-week high, before falling to $2.54, representing a 7.59% gain. TWER's quarterly revenue surged 32.50% y/y. Dollar Tree Inc (NASDAQ: DLTR) shares rose 2.01% to touch a new 52-week high of $51.23. Analysts at JP Morgan...
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J.P. Morgan Upgrades/Raises Price Target on Dollar Tree (DLTR)
Tuesday, October 19, 2010 - 10:27am | 160J.P. Morgan is out with a research report this morning, where it upgrades shares of Dollar Tree (NASDAQ: DLTR) to Neutral, from Underweight; it has a $48.00 price target on the stock, up from $39.00. The J.P. Morgan analysts said that they believe the company's top-line momentum has continued...
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J.P. Morgan Reiterates Overweight Rating on Target (TGT)
Tuesday, October 19, 2010 - 9:58am | 173J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on Target Corp. (NYSE: TGT); it has a $59.00 price target on the stock. The J.P. Morgan analysts cited that this past weekend Target expanded its 5% rewards program nationwide after a year-long test...
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Dollar Tree Recalls Children's Projector Flashlights
Tuesday, October 19, 2010 - 9:10am | 57The U.S. Consumer Product Safety Commission, in cooperation with Dollar Tree Stores Inc (NASDAQ: DLTR), today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to...
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Benzinga's Top Upgrades (NST, TWC, POWL, DLTR)
Tuesday, October 19, 2010 - 7:47am | 147NSTAR (NYSE: NST) was upgraded by BofA/Merrill from "neutral" to "buy." NST's shares closed at $39.30 yesterday. NSTAR's trailing-twelve-month gross margin is 37.08%. Credit Suisse upgraded Time Warner Cable Inc (NYSE: TWC) from "neutral" to "outperform." TWC's shares closed at $57.59 yesterday....
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Target Says ‘Small is Beautiful' - Analyst Blog
Monday, October 18, 2010 - 10:36am | 445Target Corporation (TGT) in order to tap the urban markets, where real estate remains a constraint, plans to introduce smaller format stores similar to that of its biggest rival Wal-Mart Stores Inc. (WMT). The company informed that the new stores will vary in size from 60,000 to 100,000 square...
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Goldman Sacks Raises Its Dollar Tree, Inc. 12-Month Price Target
Friday, October 15, 2010 - 9:05am | 138With discussions focused on growth initiatives, new store formats and process improvements, Goldman Sacks is impressed with this year's developments at Dollar Tree, Inc.'s (NASDAQ: DLTR) Capital Markets Conference. “The planned acquisition of Dollar Giant marks the first international expansion in...
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Jefferies Ups Long Term Growth Rate On Dollar Tree
Friday, October 15, 2010 - 8:45am | 165In an environment where the dollar store group has outperformed retail, Jefferies still favors Dollar Tree (NASDAQ: DLTR) for its defensive profile, consistent performance and relatively strong unit growth story. Canada expands growth opportunity, so Jefferies is upping its long-term EPS growth...
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Piper Jaffray Reiterates Overweight Rating Of Dollar Tree, Inc.
Friday, October 15, 2010 - 7:27am | 123Piper Jaffray is reiterating its Overweight rating and increasing its price target from $49 to $55 following Dollar Tree, Inc.'s (NASDAQ: DLTR) capital markets day. “We continue to view DLTR's flexibility in product assortment in a rising cost environment in Asia as positive and believe the recent...
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Toxic Toys: Who Inspects Them? Wal-Mart? Not Likely
Thursday, October 14, 2010 - 9:35am | 120Wal-Mart (NYSE: WMT) continues to sell a number of products which contain high lead levels and some of these are toys. The same is true about children's products sold by Target (NYSE: TGT), according to The Center for Environmental Health. The California Attorney General has notified the companies...
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Google (NASDAQ:GOOG) Earnings Strategies
Thursday, October 14, 2010 - 9:09am | 2455Google (NASDAQ:GOOG) is one of my favorite stocks to trade, simply because I know it well and its high stock cost makes it a great potential candidate for option strategies. You should get to know any stock before placing a trade. The more intimate you are with a stock, the more prepared you will...
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Afternoon Market Update (BIG, SKS, WMT, RST, CVX)
Wednesday, October 13, 2010 - 11:09am | 182US retail shares were mixed, as the shares of Big Lots (NYSE: BIG) dropped about 3.25% after the analysts at JMP Securities downgraded the company from "outperform" to "market perform." The gainers in the list include Saks Inc (NYSE: SKS) and Wal-Mart Stores (NYSE: WMT). The S&P Retail Index (...
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Is Ackman Fishing for Control of JCP?
Wednesday, October 13, 2010 - 9:07am | 177Anonymous sources are reporting that JC Penney (NYSE: JCP) has hired Goldman Sachs (NYSE: GS) as an advisor. This comes just a week after Bill Ackman, along with Vornado Realty Trust (NYSE: VNO), made a sizeable investment in the retailer. Readers should note that Goldman was also hired by Target...
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Zeke Ashton On High Quaity Retailers
Tuesday, October 12, 2010 - 2:35pm | 46Zeke Ashton spoke at the Value Investing Congress and said he has 20% overall exposure to the retail sector. He recommends diversification in the business, like a retailer, a restaurant, and a high quality retailer like Target (NYSE: TGT).
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Family Dollar Stores On The Slide
Friday, October 8, 2010 - 10:36am | 42Family Dollar Stores Inc.(NYSE: FDO) is trading lower on the session by 0.73 to $45.52. This stock has been under pressure since the open. There will be short term intra-day support around the $45.40 and $45.00 levels.