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Before The Bell – The Action So Far
Tuesday, August 24, 2010 - 8:02am | 488Stock futures fell on Tuesday ahead of home sales report due today. In addition, fears of a global slowdown prompted traders to sell equities heavily, and the Japanese Yen soaring to 15 year high against the US Dollar added to the southbound futures. Futures on the DOW shed 70 points to 10,087;...
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BIG Q2 Earnings Beat Wall Street View, Revenue Misses
Tuesday, August 24, 2010 - 6:48am | 60Big Lots Inc (NYSE: BIG) reports its Q2 diluted EPS at $0.48, beating the consensus of $0.47. BIG reports its Q2 revenue at $1.14 billion, as compared to the estimates of $1.15 billion. BIG’s shares gained 0.13% to $31.79 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For August 24 (MDT, BKC, BKS, BIG)
Tuesday, August 24, 2010 - 6:40am | 98Medtronic (NYSE: MDT) is expected to report its Q1 earnings of $0.82 per share. Burger King (NYSE: BKC) may post its Q4 EPS of $0.33. Barnes & Noble (NYSE: BKS) is estimated to report Q1 loss of $0.80 per share. Big Lots Inc (NYSE: BIG) is likely to report its Q2 earnings of $0.47 per share...
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Top 4 Mid-Cap Stocks In The Discount, Variety Stores Industry With The Highest EPS Estimates (DLTR, BIG, FDO, BJ)
Tuesday, August 24, 2010 - 5:58am | 177Below are the top mid-cap discount, variety store stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Dollar Tree Inc (NASDAQ: DLTR) for the next year ending January, 2012 is $3.38 per share. Analysts at Jefferies upgraded DLTR from “hold” to...
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Calls Purchased on Family Dollar (FDO)
Monday, August 23, 2010 - 3:15pm | 147Shares of Family Dollar Stores Inc. (NYSE: FDO) are higher on the session by 0.84%, currently trading at $43.19. The stock has been moving largely higher over the past year, breaking above resistance a few weeks ago. The stock is now trading ear its 52-week high of $44.03. Options traders seem to...
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Earnings Preview: Big Lots (BIG)
Monday, August 23, 2010 - 2:18pm | 244Big Lots Inc. (NYSE: BIG) is currently higher on the session by 0.57%, trading at $31.98. The company is scheduled to report earnings August 24th, before the bell. • Estimates The Street is looking for Q2 earnings per share of $0.47 on revenue of $1.15 billion. These estimates have risen by $0.03...
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Top Performing Industries For August 23 (BBGI, MOS, DUCK, NPD)
Monday, August 23, 2010 - 12:04pm | 221At 11:24 am, the Dow lost 0.11% to 10,202.08, the broader Standard & Poor's 500 index moved down 0.15% to 1,070.04 and the NASDAQ composite index fell 0.65% to 2,165.48. The industries that are still afloat in the market today are: Broadcasting - Radio: This industry jumped 1.34% by 11:24 am....
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Dollar Tree Tops Zacks Estimate - Analyst Blog
Friday, August 20, 2010 - 6:17pm | 721Dollar Tree Inc. (DLTR) reported second quarter earnings per share of 61 cents, beating the Zacks Consensus Estimate of 54 cents and the prior-year result of 42 cents. The quarter was aided by robust sales attributed to increased traffic and higher average ticket. In the second quarter, Dollar...
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Stock Market News for August 19, 2010 - Market News
Thursday, August 19, 2010 - 1:34pm | 1252Stocks managed to close higher for a second consecutive session, but the gains were modest as weakness in energy shares offset strength in retailers’ stocks. Target led the strength in stocks of consumer-discretionary companies after its profit outlook for the current quarter matched Street...
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Half a Million Initial Jobless Claims - Analyst Blog
Thursday, August 19, 2010 - 12:04pm | 1561Initial Claims for Unemployment Insurance rose by 12,000 in the last week to 500,000. This is bad news. The four-week average (see graph below from http://www.calculatedriskblog.com/) rose by 8,000 to 482,500. That is more bad news. After declining sharply in the second half of last year, initial...
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Dollar Tree On The Rise While Indices Plunge (DLTR)
Thursday, August 19, 2010 - 11:41am | 180Last night, Benzinga highlighted unusual activity in shares of Dollar Tree (NASDAQ: DLTR) in the late trading session and also noted that a rising DLTR was not exactly bullish for the markets. It looked like it might be an ugly day for stocks, SPY was down 0.52% in late trading yesterday, and a...
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TGT: New Store Openings Slowly Accelerate
Thursday, August 19, 2010 - 9:44am | 243Analysts at Piper Jaffray reiterate their "overweight" rating on Target Corporation (NYSE: TGT), while reducing their estimates for the company. The target price for TGT is set to $59. According to Piper Jaffray, “P-Fresh stores contributed 70bps to quarterly comps and mgmt expects 100+bps this...
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Citigroup Reiterates Buy Rating on Target Corp. (TGT)
Thursday, August 19, 2010 - 9:37am | 168Citigroup is out with a research report this morning, where it reiterates its Buy rating on Target Corp. (NYSE: TGT); it has a $72.00 price target on the stock. The Citi analysts cited the company’s recent earnings report, which was below their estimates; the company’s guidance was in-line with...
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Option strategies for Target (TGT) after earnings, upgrade
Thursday, August 19, 2010 - 8:48am | 1791Everyone’s favorite bullseye-themed discount store, Target Corporation (NYSE:TGT), has been in a short-term slump. From its August 9 high of $53.70, the shares have retreated nearly 7%. This decline has brought the shares below its 50-day and 200-day simple moving averages, which themselves are...
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Fast Money Picks For August 19th (AAPL, MCD, TGT, TEVA)
Wednesday, August 18, 2010 - 7:25pm | 171CNBC Fast Money's Joe Terranova thinks that investors should buy Apple (NYSE: AAPL) tomorrow. Apple (AAPL) gained 0.44% today, and closed at $253.07. Guy Adami likes McDonald's Corporation (NYSE: MCD), and Steve Cortes recommends investors to buy crude oil on Thursday. McDonald's Corporation (MCD...