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Stocks That Created New 52-Week Highs (DECK, DLTR, PLUS, ESRX, FAST)
Monday, March 22, 2010 - 2:52pm | 262Deckers Outdoor Corporation (NASDAQ: DECK) shares climbed to $137.57, creating a new 52-week high before slipping to $137.33, reflecting a 3.23% gain. DECK announced that Mark Heintz has joined the company as Director of Corporate Social Responsibility. Read more about this company here. Dollar...
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Dollar Tree (DLTR) Soars To An All Time High After 5.1% Surge by Mid Day Trading
Monday, March 22, 2010 - 1:08pm | 100Discount retail store Dollar Tree Inc. (NASDAQ: DLTR) scaled to a new 52 week high of $59.33 by mid-day trading on Monday. Dollar Tree Inc. (DLTR) continued with its higher top and higher bottom pattern to advance further after gap-up opening in Monday. Dollar Tree Inc. (DLTR) earlier announced...
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Lehman Case Shows Audit Firms Still Putting Client’s Interest Ahead Of Investors (WMT, COP, TGT)
Thursday, March 18, 2010 - 7:10pm | 275Bloomberg reports that Ernst & Young’s auditing of Lehman Brothers’ (OTC: LEHMQ) accounts shows that audit firms still put clients interest ahead of those of investors. After the collapse of Enron and WorldCom, auditors had come under fire for their audit work at the companies, which had...
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Time Warner Cable: Improving but Not the Target we are Looking For
Sunday, March 14, 2010 - 12:13am | 1737For a pdf of this report, follow this link: Time Warner Telecom: Improving but Not the Target We are Looking For. At first glance, it seems that Time Warner Cable Inc. could be an interesting focus for activist investors like Pershing Square Capital Management LP. Just like Target Corp., which...
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The Retail ETF Continues To Surprise Investors Despite A Jobless Recovery
Tuesday, March 9, 2010 - 7:05pm | 165“February sales at U.S. retailers were quite surprising, in a good way. Despite several severe snowstorms, sales have risen across the board, with companies ranging from Target (TGT) to Dillard’s (DDS) topping analysts’ expectations. The results bode well for the retail sector, which has been...
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Dollar Tree (DLTR) Continues to Peak
Monday, March 8, 2010 - 10:31pm | 534Dollar Tree (DLTR) Continues to Peak The stock for discount variety retailer Dollar Tree Inc. (DLTR) continues to reach new highs with analysts expecting better results when the company announces its earnings on May 24th. The current quarterly earnings estimates for the stock got a bump over the...
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Benzinga’s Top Upgrades (FDO, STP, DISH, PRGS, TIVO)
Friday, March 5, 2010 - 2:55pm | 189Family Dollar Stores Inc (NYSE: FDO) was upgraded by Wedbush Morgan from “underperform” to “neutral.” FDO’s shares gained 0.43% to $35.39 at 12:41 pm. FDO has a 52-week trading range of $25.39-$35.73. Collins Stewart upgraded Suntech Power Holdings Co Ltd (NYSE: STP) from “sell” to “hold.” STP’s...
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Family Dollar (FDO) Projects Better-Than-Expected Gross Margins
Friday, March 5, 2010 - 2:04pm | 127Analysts at Northcoast Research reiterate their “buy” rating on Family Dollar Stores Inc (NYSE: FDO), while raising their estimates for the company. The target price for FDO is set to $41. Family Dollar Stores has reported 4.9% growth in its 2Q FY10 sales to $2.09 billion, ahead of expectations....
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Goldman Sachs (GS) VIP List of Top Hedge Fund Holdings
Friday, March 5, 2010 - 1:19pm | 1198Today is going to be Goldman Sachs (GS) day at FMMF - from their nearly perfect forecasting of monthly labor data (magically adjusting their figures 24 hours before it is released each month to "hit it on the nail"), to their new foray into buying warehouses so they can corner obtain more...
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Wedbush Morgan Upgrades Family Dollar Stores (FDO) To Neutral
Friday, March 5, 2010 - 10:08am | 61Shares of general merchandise discount retailer Family Dollar Stores, Inc. (NYSE: FDO) were upgraded by Wedbush Morgan from a rating of Underperform to a rating of Neutral and the price target was raised from $30 to $35. Family Dollar Stores has a 52-week trading range of $25.52 to $35.73. Family...
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Markets Hover Flat As Scary Pattern Looms. (NYSE:ANF), (NYSE:FDO), (NYSE:WMT), (NYSE:SPY)
Thursday, March 4, 2010 - 2:16pm | 392The markets initially rallied today on the back of great retail sales numbers and an announcement that Wal-Mart Stores, Inc. (NYSE: WMT) raised its dividend. Stocks like Abercrombie & Fitch Co. (NYSE: ANF), Family Dollar Stores, Inc. (NYSE: FDO) are soaring today as sales numbers, expected to...
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Family Dollar Stores Inc. (FDO) Scales To A New Height
Thursday, March 4, 2010 - 2:05pm | 117Discount chain Family Dollar Stores Inc. (NYSE: FDO) said Thursday that its same store sales which were also open at least a year rose 3.6% in February, and the company raised its second-quarter earnings guidance. Total sales for Family Dollar Stores Inc. (FDO) for the four-weeks ended Feb. 27 rose...
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Company News for March 4, 2010 - Corporate Summary
Thursday, March 4, 2010 - 10:08am | 313• Pfizer (NYSE:PFE) led DJIA stocks on the downside yesterday after Medivation (NASDAQ:MDVN) said its experimental treatment for Alzheimer's, Dimebon, developed with Pfizer, failed to show desired results in late-stage trials • Anheuser-Busch InBev (NYSE:BUD) posted adjusted earnings of 55 cents a...
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Big Lots Beats Wall Street Estimates (BIG)
Wednesday, March 3, 2010 - 3:26pm | 132Big Lots (NYSE: BIG) reported their quarterly earnings results before the opening bell today. Fourth quarter net income came in at $105.37 million, or $1.27 per share, compared to $78.77 million or $0.96 per share in the year ago period. Adjusted EPS, which is comparable to consensus estimates,...
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Stock Market News for March 3, 2010 - Market News
Wednesday, March 3, 2010 - 10:18am | 426U.S. stock rose for a third straight session as hopes grew European leaders would soon find a resolution to Greece’s debt problems, and as key banking analyst Richard Bove said the banking industry is showing signs of stabilization. Recovery expectations gained further ground after Qualcomm...