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Benzinga's Weekend M&A Chatter
Sunday, June 14, 2015 - 5:58pm | 446The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 12 to June 14, 2015: Bona Film Group Recieves Preliminary "Going Private" Proposal Of $13.70/ADS The Deal:Bona Film Group Limited (NASDAQ: BONA) announced Friday, that its Board of Directors has...
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Top 4 Stocks In The Home Improvement Stores Industry With The Highest ROE
Wednesday, June 10, 2015 - 3:08am | 145Below are the top home improvement stores stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Home Depot Inc (NYSE: HD) is 65.30 percent. Home Depot's revenue for the same period is $84.38 billion. The trailing-twelve-month return on...
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Lumber Liquidators Opens Or Remodels 18 Stores In First Five Months Of 2015
Monday, June 8, 2015 - 9:01am | 295Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, added to its growing national footprint by opening eight new stores and remodeling 10 others in the first five months of 2015. Lumber Liquidators. The Company now has more than 355 stores in 46...
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Benzinga's Top Initiations
Monday, June 8, 2015 - 8:25am | 327Analysts at Goldman Sachs initiated coverage on Virtus Investment Partners Inc (NASDAQ: VRTS) with a Neutral rating. The target price for Virtus Investment is set to $135. Virtus Investment shares closed at $132.81 on Friday. Analysts at Atlantic Equities initiated coverage on Lowe's Companies,...
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Atlantic Equities Initiates Lowe's Companies With Neutral
Monday, June 8, 2015 - 8:03am | 67Analysts at Atlantic Equities initiated coverage on Lowe's Companies, Inc. (NYSE: LOW) with a Neutral rating. The target price for Lowe's Companies is set to $79. Lowe's Companies shares have gained 46.59 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the...
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Lumber Liquidators Shares Get Chopped
Thursday, May 21, 2015 - 9:35am | 158Shares of Lumber Liquidators Holdings Inc (NYSE: LL) are sliding down 14 percent from Wednesday’s close of $25.27 on news that its CEO unexpectedly resigned. Shares traded recently at $21.75, down 13.9 percent. See Also: Lumber Liquidators Stock Collapsing After 'Unexpected'...
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Stocks Hitting 52-Week Lows
Thursday, May 21, 2015 - 9:28am | 175NetApp Inc. (NASDAQ: NTAP) shares dipped 11.75 percent to reach a new 52-week low of $31.18 after the company reported weaker-than-expected earnings for its fiscal fourth quarter on Wednesday. Analysts at Cantor Fitzgerald downgraded NetApp from Buy to Hold and lowered the price target from $43.00...
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Morning Market Losers
Thursday, May 21, 2015 - 8:59am | 331Prima Biomed Ltd. (NASDAQ: PBMD) shares dipped 29.95 percent to $4.14 following a 269.38 percent gain on Wednesday. China Information Technology, Inc. - Ordinary Shares (NASDAQ: CNIT) shares declined 23.01 percent to $5.52 after the company entered into a securities purchase agreement for sale...
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Lumber Liquidators Announces Management Changes, Interim CEO Following Lynch Resignation To Be Thomas Sullivan
Thursday, May 21, 2015 - 7:31am | 153Lumber Liquidators (NYSE: LL) today announced that Robert M. Lynch unexpectedly notified the Company of his resignation as the Company's President and Chief Executive Officer. The Company intends to commence a national search for Mr. Lynch's replacement. In the interim, Thomas D. Sullivan, the...
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Morning Market Losers
Wednesday, May 20, 2015 - 8:56am | 312Lpath, Inc. (NASDAQ: LPTN) shares dropped 75.44 percent to $0.420 after the company announced its plans to cut jobs as its multicenter, Phase 2 Nexus clinical trial evaluating iSONEP™ in patients with wet age-related macular degeneration did not meet primary or key secondary endpoints. EVINE...
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Benzinga's Top #PreMarket Losers
Wednesday, May 20, 2015 - 7:29am | 207Etsy Inc (NASDAQ: ETSY) slipped 19.29 percent to $16.95 in pre-market trading after the company reported a loss in the first quarter. The Brooklyn, New York-based company posted a quarterly net loss of $36.6 million, or $0.84 per share, versus a year-ago loss of $0.5 million, or $0.01 per share...
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Lowe's Misses Q1 Expectations, Shares Drop
Wednesday, May 20, 2015 - 6:14am | 224Shares of Lowe's Companies, Inc. (NYSE: LOW) tumbled more than 6 percent in pre-market trading after the company reported downbeat results for its first quarter. The Mooresville, North Carolina-based company posted a quarterly profit of $673 million, or $0.70 per share, versus a year-ago profit of...
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10 Stocks To Watch For May 20, 2015
Wednesday, May 20, 2015 - 3:57am | 401Some of the stocks that may grab investor focus today are: Wall Street expects Staples, Inc. (NASDAQ: SPLS) to report its Q1 earnings at $0.17 per share on revenue of $5.47 billion. Staples shares fell 1.40 percent to $16.18 in the after-hours trading session. Analysts expect Target Corporation (...
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Earnings Scheduled For May 20, 2015
Wednesday, May 20, 2015 - 3:04am | 686American Eagle Outfitters (NYSE: AEO) is expected to report its Q1 earnings at $0.12 per share on revenue of $692.32 million. Staples, Inc. (NASDAQ: SPLS) is projected to report its Q1 earnings at $0.17 per share on revenue of $5.47 billion. Hormel Foods Corp (NYSE: HRL) is estimated to report its...
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Cantor Fitzgerald Downgrades Lumber Liquidators Holdings To Hold
Tuesday, May 19, 2015 - 8:09am | 56Cantor Fitzgerald downgraded Lumber Liquidators Holdings Inc (NYSE: LL) from Buy to Hold. Lumber Liquidators Holdings shares have dropped 67.85 percent over the past 52 weeks, while the S&P 500 index has surged 12.95 percent in the same period. Lumber Liquidators Holdings' shares fell 0.54...