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Dollar Tree Surging On High Volume (DLTR)
Thursday, May 20, 2010 - 12:14pm | 109Shares of Dollar Tree (NASDAQ: DLTR) are surging on high volume after the company released their quarterly earnings prior to the opening bell this morning. DLTR reported earnings per share of $0.92 compared to Wall Street estimates of $0.84. During the current trading session, DLTR has gained 3.10...
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Dollar Tree (DLTR) Reports $63.6 Million Net Income
Thursday, May 20, 2010 - 8:18am | 114Dollar Tree Inc (Nasdaq: DLTR) released financial results on Thursday morning that beat Wall Street earnings estimates. Dollar Tree Inc reported that its fiscal 4th quarter net income rose 5% to $63.6 million, or 73 cents per share, up from $60.4 million, or 66 cents per share, a year earlier....
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Family Dollar Rises; Calls Active (FDO)
Wednesday, May 19, 2010 - 1:39pm | 114Shares of Family Dollar Stores Inc. (NYSE: FDO) are running higher today by 3.27% to $41.36. The stock is now trading at a fresh 52-week high. Options action is heating up in the name as well with calls favored in today’s trade. The May $41 calls have traded 3,700 times on open interest of 4,690...
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Target Corporation (TGT) Reports 29% Increase In First-Quarter Profit
Wednesday, May 19, 2010 - 11:45am | 91Target Corporation (NYSE: TGT) reported a 29% increase in its first-quarter profit. The discount retailer reported first-quarter profit of $671 million, or $0.90 per share, compared with a profit of $522 million, or $0.69 per share it reported for the same period last year. Revenue increased 5.1%...
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Company News for May 19, 2010 - Corporate Summary
Wednesday, May 19, 2010 - 9:33am | 147• Deere (NYSE:DE) reported fiscal second quarter earnings of $1.58, versus Zacks estimates of $1.09 as revenues rose 6% to $7.13 billion, beating Zacks estimates of $6.89 billion • BJ's Wholesale (NYSE:BJ) reported interims of 49 cents, 6 cents higher than Zacks expectations, as revenues grew 12.8...
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German Ban on Short-Sales Pulls US Stock Futures Down
Wednesday, May 19, 2010 - 9:11am | 198US stock futures fell today, a day after the implementation of a hastily-drawn-up ban on short-sales by Germany. The ban has served to heighten investor worries surrounding the financial health of the European governments. While futures on the S&P 500 lost 9.7 points to 1,109.00, those on the...
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Top 5 Stocks In The Discount, Variety Stores Industry With The Highest Market Capitalization (WMT, TGT, COST, DG, FDO)
Wednesday, May 19, 2010 - 6:22am | 165Below are the top 5 discount, variety stores stocks on the NASDAQ and the NYSE in terms of market capitalization. Wal-Mart Stores Inc (NYSE: WMT) has a market capitalization of $201.88 billion. Citigroup upgraded WMT from “hold” to “buy.” Target Corp (NYSE: TGT) has a market capitalization of $40....
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Stocks To Watch For May 19 (CHS, HRL, LTD, TGT, BJ)
Wednesday, May 19, 2010 - 6:21am | 191Some of the stocks that may grab investor focus today are: Analysts are expecting Chico's FAS Inc (NYSE: CHS) to have earned $0.20 per share in the first quarter. CHS lost 0.56% to $14.08 in after hours trading. Wall Street expects Hormel Foods (NYSE: HRL) to report an EPS of $0.61 for the fiscal...
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Piper Jaffray Reiterates Overweight Rating On Target Shares (TGT)
Tuesday, May 18, 2010 - 2:58pm | 86Piper Jaffray released a company note today in which they reiterated their Overweight rating on shares of Target (NYSE: TGT). The analysts wrote that "Target continues to benefit from an early stage recovery in moderate-to upper-income consumer spending patterns." Piper Jaffray has a price target...
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Mike Khouw Makes A Bearish Bet On TGT
Monday, May 17, 2010 - 7:02pm | 124Mike Khouw gave a trade on CNBC's Fast Money that will allow an investor to buy Target Corporation (NYSE: TGT) at lower levels. He recommends a put spread in Target (TGT), as a way to do it. Mike Khouw wants to buy July 55 put for $3, and sell two July 50 puts for $2.60. This trade would cost him $...
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Puts Sold on Dollar Tree (DLTR)
Monday, May 17, 2010 - 11:54am | 97Shares of Dollar Tree Inc. (NASDAQ: DLTR) are lower on the session by 0.65%, currently trading $59.51, but one trader is betting that the stock will remain above $55 this week. The May $55 put was just sold on the bid over 1,500 times for $0.20. Open interest on the strike is 2,695 contracts,...
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Stock Market News for May 17, 2010 - Market News
Monday, May 17, 2010 - 10:05am | 398Concerns that the debt crisis in Europe could slow the global economic rebound overshadowed stronger-than-expected reports on retail sales and industrial production and sent U.S. stocks sharply lower on Friday. Investors also questioned the efficacy of frugality measures being instituted by...
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WHAT’S ON TAP?
Sunday, May 16, 2010 - 12:14pm | 1038For the week of May 17th (in conjunction with Econoday): Earnings season officially comes to an end with the report of Walmart’s earnings. There are a few earnings reports of note, but economic data and any headlines on the continuing credit crisis should dominate the news. Let’s take a look at...
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Stock Market News for May 14, 2010 - Market News
Friday, May 14, 2010 - 9:39am | 423Stocks tumbled in the final hours of trading Thursday as cautious comments from Cisco CEO John Chambers and department store operator Kohl’s Corp.’s unimpressive outlook gave investors reason to pull money out of the market. Absence of market-moving catalysts also weighed on sentiments even as...
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Target (TGT) Still Attractive; Barron’s
Saturday, May 8, 2010 - 7:46am | 80Target Corporation (NYSE: TGT) reported weaker-than-expected same-store sales for the month of April. The company reported year-over-year same-store decline of 5.9%, compared with analysts’ estimate of a drop of 2.3%. Despite the miss, Barron’s says that the Target Corporation stock is still...