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Earnings Scheduled For February 24, 2016
Wednesday, February 24, 2016 - 4:02am | 1039Read More...Target Corporation (NYSE: TGT) is estimated to report its quarterly earnings at $1.54 per share on revenue of $21.75 billion. Lowe's Companies, Inc. (NYSE: LOW) is projected to report its quarterly earnings at $0.59 per share on revenue of $13.07 billion. salesforce.com, inc. (NYSE: CRM) is...
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Stocks Look to Consumer For Direction With Key Data In Focus
Tuesday, February 23, 2016 - 12:01pm | 860Read More...Stocks pivoted around unchanged early Tuesday as investors eyed several earnings reports and other key data that could give the market better insight into how U.S. consumers feel about the ecoomy. Tuesday is front-loaded, with consumer confidence data for February and existing home sales both...
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Mid-Afternoon Market Update: Dow Surges Over 250 Points; Lumber Liquidators Shares Drop
Monday, February 22, 2016 - 2:31pm | 700Read More...Toward the end of trading Monday, the Dow traded up 1.63 percent to 16,659.35 while the NASDAQ gained 1.55 percent to 4,574.20. The S&P also rose, gaining 1.48 percent to 1,946.22. Leading and Lagging Sectors On Monday, energy shares surged by 2.99 percent. Meanwhile, top gainers in the sector...
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Mid-Day Market Update: Crude Oil Jumps Over 7%; Intelsat Shares Slide Following Preliminary Q4 Results
Monday, February 22, 2016 - 12:03pm | 698Read More...Midway through trading Monday, the Dow traded up 1.17 percent to 16,584.26 while the NASDAQ gained 1.20 percent to 4,558.65. The S&P also rose, gaining 1.22 percent to 1,941.17. Leading and Lagging Sectors On Monday, basic materials shares surged by 3.07 percent. Meanwhile, top gainers in the...
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Week Ahead: Add Consumer Snapshot to Market's Rate and Oil Obsession
Monday, February 22, 2016 - 9:56am | 917Read More...Stocks ended a largely winning week with choppy action on Friday as investors seek more clarity in coming sessions from a volatile oil market, the interest rate outlook, and the health of Q1 earnings results. Despite Friday’s push and pull, major stock indexes booked solid weekly gains,...
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Mid-Morning Market Update: Markets Open Higher; Dean Foods Q4 Profit Tops Expectations
Monday, February 22, 2016 - 9:54am | 699Read More...Following the market opening Monday, the Dow traded up 1.20 percent to 16,589.02 while the NASDAQ gained 1.32 percent to 4,563.99. The S&P also rose, gaining 1.29 percent to 1,942.51. Leading and Lagging Sectors On Monday, basic materials shares surged by 2.28 percent. Meanwhile, top gainers...
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Could Home Depot And Lowe's Beat The Market?
Tuesday, February 16, 2016 - 2:32pm | 300Read More...Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) could be among the few companies that actually beat earnings estimates this quarter, at least according to Deutsche Bank. "While January and February are lower-volume months, the beat relative to expectations on seasonally adjusted...
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Mid-Afternoon Market Update: NASDAQ Down 1.5%; Boot Barn Shares Rise On Earnings Beat
Wednesday, February 3, 2016 - 2:31pm | 605Read More...Toward the end of trading Wednesday, the Dow traded down 0.08 percent to 16,140.59 while the NASDAQ dropped 1.50 percent to 4,449.40. The S&P also fell, dropping 0.73 percent to 1,889.20. Leading and Lagging Sectors On Wednesday, basic materials shares surged by 2.52 percent. Meanwhile, top...
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Lowe's to Acquire RONA in Transaction Valued at $2.3B
Wednesday, February 3, 2016 - 6:02am | 143Read More...Lowe's Companies, Inc. (NYSE: LOW) ("Lowe's" or the "Company") and RONA inc. (TSX: RON, RON.PR.A) ("RONA") announced today that they have entered into a definitive agreement under which Lowe's is expected to acquire all of the issued and outstanding common shares of RONA for C$24 per share in cash...
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UPDATE: Lowe's to Exit Home Improvement JV Australia
Monday, January 18, 2016 - 7:18am | 218Read More...Lowe's Companies, Inc. (NYSE: LOW) today announced it has provided notification to Woolworths Limited, its joint venture partner in Australia, of its intent to begin the process of exiting its investment in the joint venture, which operates Masters Home Improvement stores and Home Timber and...
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Benzinga's M&A Chatter for Monday December 21, 2015
Monday, December 21, 2015 - 7:59pm | 598Read More...The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday December 21, 2015: Benzinga Reports Potential SinoPec Bid for Anadarko Petroleum The Rumor:China Petroleum & Chemical Corp (NYSE: SNP), or SinoPec, is considering a bid for Anadarko Petroleum...
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Lumber Liquidators Rise On Gasparino Tweet
Monday, December 21, 2015 - 3:52pm | 147Read More...Today just after 3:20 P.M., Lumbers Liquidators (NYSE: LL) spiked 6.2% after Charlie Gasparino tweeted, "#BreakingNews as $LL shares tank co insiders pressing bullish case w investors; raising possible sale to PE firm 340pm EDT @FoxBusiness." Last Monday, shares of Lumber Liquidators...
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Benzinga's Top Downgrades
Thursday, December 17, 2015 - 9:15am | 319Read More...Analysts at Goldman Sachs downgraded Lumber Liquidators Holdings Inc (NYSE: LL) from Neutral to Sell. The price target for Lumber Liquidators is set to $13. Lumber Liquidators shares closed at $18.67 on Wednesday. JP Morgan downgraded Corning Incorporated (NYSE: GLW) from Overweight to Neutral....
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Mid-Afternoon Market Update: Dow Surges Over 200 Points; Intercept Pharma Shares Climb On Takeover Rumor
Tuesday, December 15, 2015 - 3:00pm | 605Read More...Toward the end of trading Tuesday, the Dow traded up 1.41 percent to 17,612.53 while the NASDAQ climbed 1.42 percent to 5,022.68. The S&P also rose, gaining 1.52 percent to 2,052.62. Leading and Lagging Sectors On Tuesday, energy shares surged by 2.43 percent. Top gainers in the sector included...
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Mid-Day Market Update: Kennametal Drops On Lowered Guidance; Lumber Liquidators Shares Jump
Tuesday, December 15, 2015 - 1:30pm | 594Read More...Midway through trading Tuesday, the Dow traded up 1.10 percent to 17,559.88 while the NASDAQ climbed 1.04 percent to 5,003.86. The S&P also rose, gaining 1.12 percent to 2,044.61. Leading and Lagging Sectors On Tuesday, energy shares surged by 1.71 percent. Top gainers in the sector included...
