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Jon Najarian Likes WMT, TGT And BBY
Monday, November 23, 2009 - 5:48pm | 121The OptionMonster.com co-founder Jon Najarian is bullish on retailers. He said in CNBC's Fast Money that he holds a long position on Wal-Mart Stores (NYSE: WMT), Target (NYSE: TGT) and Best Buy (NYSE: BBY), and believes that these stocks will go higher. Jon Najarian added that the price war between...
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Stock Market News for November 23, 2009 - Market News
Monday, November 23, 2009 - 10:08am | 514Investors appear worried that the economy is not keeping up with the eight-month old rally in the stock market. Disappointing outlook and grim economic data are further fueling concerns that markets are ripe for a pullback and a full-blown economic recovery would take time. On Friday, the 30-share...
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Natural Gas Down 12% on the Month; True Indicator of State of Economy
Sunday, November 22, 2009 - 2:45pm | 1117While trying to avoid US government reports as much as possible due to their lack of accuracy and "sunny side up" disposition, there are some much better places to look for a reality check. On the consumer side of the equation I like to review the results of Walmart (WMT) and Target (TGT), and on...
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Family Dollar Stores (FDO) increases size of share re-purchase
Wednesday, November 18, 2009 - 10:20am | 64Family Dollar Stores Inc. (NYSE: FDO) has said that Family Dollar Inc. (FDO)board has authorized the buyback of an additional $400 million of common stock. The fresh re-repuchase proposal by Family Dollar Inc. (FDO),comes in addition to buy back $62 million of its common stock that it made earlier.
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Stock Market News for November 18, 2009 - Market News
Wednesday, November 18, 2009 - 10:03am | 511U.S. stocks closed higher for the second consecutive day, helped by strength in shares of commodity-related companies even as major retailers said they remain cautious ahead of the holiday season. At the end of a session that lacked conviction, major stock indexes managed to reach their fresh 13-...
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Karen Finerman Likes Target (TGT)
Tuesday, November 17, 2009 - 7:14pm | 94CNBC's Fast Money Karen Finerman said on the show that she is long Target (NYSE: TGT). Karen Finerman thinks that the bar had been set low for retailers for a long time and believes that now it is starting to be raised. Karen Finerman warned investors that if they want to play the retailers they...
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Most Active Stock Options November 17, 2009 & Trading Activity
Tuesday, November 17, 2009 - 5:01pm | 342As of today the top ten option contracts traded were: HSBC (HBC) January 35 Call Options Avon (AVP) January 22.50 Call Options United Technologies (UTX) November 65 Call Options S&P 500 SPDR (SPY) November 110 Call Options Target (TGT) January 30 Call Options United Technologies November 60...
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Stock Market News for November 17, 2009 - Market News
Tuesday, November 17, 2009 - 10:36am | 401U.S. stocks surged to their 13-month highs Monday as a weaker dollar and a rebound in U.S. retail sales reinforced hopes that an economic recovery is indeed underway. Stocks also got a boost after Fed chairman Ben Bernanke reiterated Fed’s intention to keep interest rates low for an extended...
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Target Corporation (NYSE: TGT) plummets after Results
Tuesday, November 17, 2009 - 9:48am | 113Target Corporation (NYSE: TGT) today reported third-quarter profit of $436 million, or $0.58 per share, as compared to $369 million, or $0.49 a share, a year ago. Profit increased by 18% for the third quarter of 2009. Sales for the third quarter increased 1.4% to $14.8 billion while same-store...
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Today’s Earnings Preview (HD, TGT, SKS, TJX, ADSK)
Tuesday, November 17, 2009 - 7:41am | 117The Home Depot, Inc. (NYSE: HD) is expected to post third-quarter earnings of 36 cents a share, according to a consensus survey by FactSet Research. Target Corporation (NYSE: TGT) is forecast to report earnings of 50 cents a share in the third quarter. Saks Incorporated (NYSE: SKS) is likely to...
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ETFs To Watch November 17, 2009
Tuesday, November 17, 2009 - 5:19am | 291Here is the ETF Professor's ETF Watchlist for Tuesday November 17, 2009. With gold making new highs and silver looking like it could go along for the ride, let's look at leveraged plays on these themes. Silver: Ultra Silver ProShares (NYSE: AGQ). Gold: PowerShares DB Gold Double Long ETN (NYSE: DGP...
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Fast Money Crew Would Buy STP, TGT, TM
Monday, November 16, 2009 - 7:30pm | 90Tim Seymour said on CNBC's Fast Money that Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) is a buy. Karen Finerman thinks Target (NYSE: TGT) is a right stock to buy on Tuesday, while Joe Terranova wants to own Toyota (NYSE: TM). Suntech Power Holdings (STP) surged 12.03% today and closed at $15...
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Goldman Tallies Holiday Retail Leaders (AMZN, WMT, TGT)
Monday, November 16, 2009 - 4:53pm | 140Goldman Sachs issued an update on the leading holiday retail stocks. The bank compared the pricing of holiday gifts and electronics for the largest on- and off-line U.S. retailers. The report said that Amazon (Nasdaq: AMZN) has the lowest prices in both the toy and consumer electronics segments...
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Barron's List Of Retailers Estimated To Do Well This Xmas: BBY, DLTR, GPS, COH, CHS
Monday, November 16, 2009 - 11:08am | 283Most retail companies are expected to have a good fourth quarter earnings on account of attention paid to inventory management and cost-cutting measures undertaken by the retailers. Berman's DeeBee index, which measures the pace of inventory to sales growth for 170 retailers, turned positive in...
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Stock Market News for November 16, 2009 - Market News
Monday, November 16, 2009 - 10:07am | 453U.S. stocks rose Friday, for their second consecutive weekly advance, as upbeat earnings reports from a number of companies, including Walt Disney and JC Penny, spurred optimism that the economic recovery is gaining momentum. A dip in the value of dollar, on concerns consumer spending is likely to...