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How Patty Edwards Went From Journalist To Retail Stock Guru
Friday, October 1, 2010 - 4:23pm | 830In a recent episode of Zing Talk, Benzinga had the opportunity to speak with Patty Edwards, founder of Trutina Financial (Storehouse Partners) and a CNBC contributor. To say that Patty has experience in managing investments would be an understatement, though she has not always had her eye on...
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Option Strategies for a Stagnant Market
Friday, October 1, 2010 - 3:08pm | 1847On CNBC this week, Bill Gross – managing director at Pimco – said the new normal for investing means saying goodbye to double-digit returns. His basis for thinking this is the new, expanding regulatory environment, which will likely curtail the use of leverage. What this means to his investment...
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Initial, Total Jobless Claims Fall - Analyst Blog
Thursday, September 30, 2010 - 2:24pm | 1588Initial Claims for Unemployment Insurance fell by 16,000 last week to 443,000. That more than reverses last week's increase. Since claims can be volatile from week to week, it is better to track the four-week moving average to get a better sense of the trend. It declined by 6,250 to 458,000. After...
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HYC, FDO Still Neutral
Thursday, September 30, 2010 - 10:32am | 42Wedbush reiterates its Neutral rating for Hypercom (NYSE: HYC) and Family Dollar (NYSE: FDO) and has raised the price targets from $5 to $6 and from $37 to $40, respectively.
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Piper Jaffray Reiterates Underweight Rating on Family Dollar (FDO)
Thursday, September 30, 2010 - 9:38am | 149Piper Jaffray is out with a research report this morning, where it reiterates its Underweight rating on Family Dollar Stores Inc. (NYSE: FDO); it has a $37.00 price target on the stock, up from $34.00. The PJ analysts cited FDO's recent earnings report, which missed the consensus estimate....
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Two Sectors Pick Up Performance 09-29-2010
Wednesday, September 29, 2010 - 2:47pm | 808Cusick's Corner The market is stuck, hitting its head at 1150 resistance on the S&Ps and finally getting the back of the pack, both Financials (XLF) and Energy (XLE) to pick up their lackluster performance. While this is encouraging to the bulls, veteran market watchers are becoming more...
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NASDAQ Stocks Hitting 52-Week Highs (FMCN, DLTR, ATSG, MDSO)
Wednesday, September 29, 2010 - 11:22am | 147Focus Media Holding Limited (NASDAQ: FMCN) shares jumped 1.32% to create a new 52-week high of $23.86. FMCN announced its plans to buyback 9.5 million American Depository Shares at $21 per ADS. Dollar Tree Inc (NASDAQ: DLTR) shares gained 0.96% to touch a new 52-week high of $49.62. DLTR's...
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Option Strategies for Range-Bound Wal-Mart Stores (NYSE:WMT)
Wednesday, September 29, 2010 - 8:57am | 1736Wal-Mart's (NYSE:WMT) plan for world domination has extended to the Cape of Good Hope. The world's largest retailer has announced its intention to spend nearly $4.8 billion on the South African chain of Massmart low-cost retail stores. The Congress of South African Trade Unions (Cosatu) quickly...
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A Peek Into The Market Before The Trading Starts
Wednesday, September 29, 2010 - 7:36am | 436Pre-open movers US stock futures moved down and gold reached another all-time high. The US dollar continued its downward movement. Futures on the Dow Jones Industrial Average fell 8 points to 10,780. S&P 500 futures dropped 1.40 points to 1,140 and Nasdaq 100 futures moved down 0.25 points to 2...
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Family Dollar Continues Its Impressive Results (FDO)
Wednesday, September 29, 2010 - 7:26am | 276Family Dollar Stores, Inc. (NYSE: FDO) reported strong earnings this morning, reporting earnings of 56 cents per share, 5 cents better than analysts had been expecting. This was a rise of 23% from a year ago. Revenues were up 8% to $1.96, in line with expectations. Family Dollar was positive in its...
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US Stock Futures Down, Gold Reaches Another All-Time High
Wednesday, September 29, 2010 - 6:56am | 267US stock futures moved down and gold reached another all-time high. The US dollar continued its downward movement. Futures on the Dow Jones Industrial Average fell 29 points to 10,759. S&P 500 futures dropped 0.60 points to 1,141 and Nasdaq 100 futures moved down 0.25 points to 2,008. US...
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Family Dollar Reports Upbeat FQ4 Earnings, Posts 6.1% Rise In Comparable Stores Sales
Wednesday, September 29, 2010 - 6:35am | 326Family Dollar Stores Inc (NYSE: FDO) posted better-than-expected earnings for the fiscal fourth-quarter. FDO's net profit increased 23% y/y to $74 million, or $0.56 per share, up from $60.1 million, or $0.43 per share, in the year-ago period. The company's sales rose 8% y/y to $1.96 billion....
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Family Dollar Q4 Earnings Beat Consensus
Wednesday, September 29, 2010 - 6:15am | 57Family Dollar Stores Inc (NYSE: FDO) reports its Q4 EPS at $0.56, beating the consensus of $0.51. FDO reports its Q4 revenue at $1.957 billion, versus the estimates of $1.96 billion. FDO's shares gained 0.48% to $43.55 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For September 29 (FDO, WOR, ATU, XRTX, AM, XSEL, OMN, VLGEA, SNX)
Wednesday, September 29, 2010 - 4:53am | 206Dollar Stores Inc (NYSE: FDO) is expected to post its FQ4 EPS of $0.51. Worthington Industries Inc (NYSE: WOR) may earn $0.24 per share in the fiscal first quarter. Actuant Corporation (NYSE: ATU) is likely to post its Q4 EPS at $0.29. Xyratex Ltd (NASDAQ: XRTX) may report its Q3 earnings of $0.99...
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Stocks To Watch For September 29 (FDO, ZZ, WOR, CPB, HPQ)
Wednesday, September 29, 2010 - 4:40am | 241Some of the stocks that may grab the investor focus today are: Wall Street expects Family Dollar Stores Inc (NYSE: FDO) to post its FQ4 EPS of $0.51. FDO's shares gained 0.48% to $43.55 in after-hours trading. Sealy Corp (NYSE: ZZ) posted a Q3 loss of $0.16 per share. The company's earnings, after...