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Earnings Scheduled For August 23
Tuesday, August 23, 2011 - 2:23am | 481Williams-Sonoma Inc (NYSE: WSM) is expected to report its Q2 EPS at $0.36 on revenue of $823.97 million. American Woodmark Corporation (NASDAQ: AMWD) is estimated to post a Q1 loss at $0.17 per share on revenue of $116.18 million. La-Z-Boy Incorporated (NYSE: LZB) is projected to report its FQ1...
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Stocks To Watch For August 23
Tuesday, August 23, 2011 - 1:56am | 235Some of the stocks that may grab investor focus today are: Wall Street expects La-Z-Boy Incorporated (NYSE: LZB) to report its FQ1 EPS at $0.06 on revenue of $278.75 million. LZB shares dropped 1.95% to close at $7.05 yesterday. Focus Media Holding Ltd (NASDAQ: FMCN) its Q2 net income...
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UPDATE: Goldman Sachs Lowers PT on Mohawk Industries from $57 to $52
Tuesday, August 16, 2011 - 7:01am | 126Goldman Sachs has published a research report on Mohawk Industries (NYSE: MHK) lowering the price target on the company. In the report, Goldman Sachs wrote, "Mohawk's 2Q11 results and outlook reflect the following: a competitive North American carpet market, earnings risk due to cost inflation...
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World Bank President Robert Zoellick Tells Fox Business The Downgrde Of The US Credit Rating Makes The World Bank Have A "More Important Role" In The World Economy
Monday, August 15, 2011 - 11:57am | 473In an interview to appear tonight on FOX Business Network's (FBN) America's Nightly Scoreboard (9 PM/ET) President of the World Bank Robert Zoellick spoke with host David Asman in Perth, Australia, where he is attending the Australian American Leadership Dialogue meetings. Zoellick said as a result...
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Top 4 NYSE Stocks In The Home Furnishings & Fixtures Industry With The Highest EPS Estimates
Monday, August 15, 2011 - 12:07am | 136Below are the top home furnishings & fixtures stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Tempur-pedic International Inc (NYSE: TPX) for the next year ending December, 2012 is $3.68 per share. TPX's PEG ratio is 1.29. Fortune Brands Inc (NYSE...
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Fox Business Network Presents "Special Report: Global Market Chaos"
Thursday, August 11, 2011 - 11:55am | 74What: FOX Business Network (FBN)'s Neil Cavuto will present “Special Report: Global Market Chaos” on Friday, August 12, at 8 PM/ET. Cavuto will enlist a panel of experts to help provide insight and analysis on the market's tumultuous week both at home and abroad. When: Friday, August 12, 2011; 8...
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Bank Of America CEO Brian Moynihan's Publicist Tells Fox Business That Rumors He Is Leaving The Company Are "Dopey"
Wednesday, August 10, 2011 - 4:42pm | 110FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports amid rumors that Bank of America CEO Brian Moynihan “is under tremendous pressure to turn the stock around or he will have to go” Moynihan's publicist said “talk of Moynihan's departure is ‘dopey'.” Excerpts from the report...
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The Market Reaction To The S&P Downgrade Is "A Cleansing, Cartharsis, And Purge"
Tuesday, August 9, 2011 - 7:38pm | 200Managing Director and Chief Investment Strategist of Morgan Stanley David Darst spoke with FOX Business Network's (FBN) Liz Claman about Standard & Poors' (S&P) decision to downgrade the United States debt and the impact it is having on the markets. Darst said the economy is “working...
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Dick Bove Tells Fox Business Bank Of America CEO Brian Moynihan's "Credibility Has Fallen Dramatically"
Tuesday, August 9, 2011 - 7:30pm | 342Rochdale Securities financial analyst Richard Bove spoke with FOX Business Network's (FBN) Chris Cotter and Liz Claman about the 20 percent drop in Bank of America stock yesterday and what it says about the overall health of the company. Bove said that while CEO Brian Moynihan's “credibility has...
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Brian Sozzi Discusses Recent Stock Market Plunge
Tuesday, August 9, 2011 - 9:26am | 279Brian Sozzi of Wall Street Strategies is out with a morning note on the recent sharp drops in the equity markets, and has some thoughts on what to do as a result of the aftermath. In the note Sozzi notes, "It almost feels like two hurricanes have swept through the markets in two weeks time, doesn'...
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CME Chief Terry Duffy Tells Fox Business "We Should Be Rated Triple-A Plus"
Monday, August 8, 2011 - 4:09pm | 760Chicago Mercantile Exchange (CME) Group Executive Chairman Terry Duffy spoke with FOX Business Network's (FBN) Liz Claman about the S&P downgrade of the US credit rating. Duffy said today is “not a record day” in terms of trade volume and that, “I think we should be rated at triple-A plus... I...
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Dick Bove Tells Fox Business That Bank Of America "Can Go To One Dollar And It Won't Need To Raise Capital" In Order To Survive
Monday, August 8, 2011 - 4:00pm | 218FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports while most traders are betting that Bank of America “will not be able to survive unless it gets new capital” Rochdale Securities financial analyst Richard Bove tells Gasparino they will not have to raise capital. He told...
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Former Debt Commission Co-Chair Alan Simpson Tells Fox Business The S&P Downgrade Was "Totally Predictable" But Completely Avoidable
Monday, August 8, 2011 - 2:02pm | 439Former Debt Commission co-chair Senator Alan Simpson (R-WY) spoke with FOX Business Network's (FBN) Connell McShane regarding Standard & Poor's (S&P) decision to downgrade the United States deficit, saying, “totally predictable about where this was headed” and “of course” the downgrade was...
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Credit Suisse Upgrading Mohawk Industries
Friday, August 5, 2011 - 8:16am | 79Credit Suisse is out with a research report on Mohawk Industries (NYSE: MHK) and is upgrading shares to Neutral and it has a $50 price target on shares. In a note to clients, Credit Suisse writes, "We think Mohawk found more success raising prices than we previously anticipated, and valuation now...
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Warren Buffett Tells Fox Business He Will Keep In Kraft Stock "With Both Feet"
Thursday, August 4, 2011 - 12:43pm | 215Berkshire Hathaway CEO Warren Buffett spoke with FOX Business Network's (FBN) Liz Claman about Kraft Foods' announcement that they will spin off their North American grocery business. Buffet told Claman he is “fine” with the deal and that Kraft CEO Irene Rosenfeld is “doing a good job.” Buffet said...