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Mid-Day Market Update: La-Z-Boy Surges On Upbeat Results; Smucker Shares Drop
Wednesday, November 20, 2013 - 12:39pm | 490Midway through trading Wednesday, the Dow traded up 0.05 percent to 15,975.63 while the NASDAQ surged 0.33 percent to 3,944.46. The S&P also rose, gaining 0.17 percent to 1,790.97. Top Headline Lowe's Companies (NYSE: LOW) reported weaker-than-expected third-quarter earnings and raised its...
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Benzinga's Top #PreMarket Losers
Wednesday, November 20, 2013 - 8:30am | 128Ceragon Networks (NASDAQ: CRNT) dipped 9.43% to $2.69 in the pre-market session after the company announced a proposed public offering of common stock. Gladstone Commercial (NASDAQ: GOOD) dipped 4.05% to $17.99 after the company announced its plans to sell shares of its common stock in an...
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US Stock Futures Edge Lower Ahead Of FOMC Minutes, Economic Data
Wednesday, November 20, 2013 - 7:00am | 510Pre-open movers US stock futures declined in early pre-market trade, ahead of economic data. The consumer price index and retail sales data will be released at 8:30 a.m. ET. Data on business inventories and existing home sales will be released at 10:00 a.m. ET. The Federal Open Market Committee...
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UPDATE: Lowe's Posts 26% Rise In Q3 Profit, Lifts FY13 Forecast
Wednesday, November 20, 2013 - 6:31am | 78Lowe's Companies (NYSE: LOW) reported a 26% rise in its third-quarter net income and raised its outlook for fiscal 2013. Lowe's quarterly earnings surged to $499 million, or $0.47 per share, from $396 million, or $0.35 per share, in the year-earlier period. Its revenue climbed 7% to $12.96...
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Earnings Scheduled For November 20, 2013
Wednesday, November 20, 2013 - 4:23am | 420Deere & Company (NYSE: DE) is projected to report its Q4 earnings at $1.89 per share on revenue of $8.68 billion. Lowe's Companies (NYSE: LOW) is expected to report its Q3 earnings at $0.48 per share on revenue of $12.72 billion. J. C. Penney Company (NYSE: JCP) is estimated to post a Q3 loss...
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Benzinga's Top Pre-Market Gainers
Friday, October 4, 2013 - 7:07am | 111Forest Oil (NYSE: FST) shares gained 8.19% to $6.87 in the pre-market session after the company reported announced its plans to sell its oil and gas assets located in the Texas Panhandle for $1 billion. Lowe's Companies (NYSE: LOW) surged 1.88% to $48.83 in the pre-market session. Lowe's PEG...
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Lumber Liquidators Confirms Search Warrants Executed by Dept. of Homeland Security for Offices in Toano
Friday, September 27, 2013 - 9:08am | 226Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today commented on actions taken by Federal authorities, which relate to the importation of certain of the Company's wood flooring products. Yesterday, sealed search warrants were executed at the...
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Lowe's Completes Acquisition of 72 Orchard Supply Hardware Stores for $205M
Friday, August 30, 2013 - 8:42am | 133Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today announced the completion of its previously announced acquisition of the majority of assets of Orchard Supply Hardware, including 72 Orchard stores, for approximately $...
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What Those Collapsing Homebuilder Stocks Are Trying to Tell Us
Monday, August 26, 2013 - 8:41am | 1297Finally, some good news for the U.S. economy? The National Association of Realtors (NAR) just reported July existing-home sales increased in the U.S. housing market to an annual rate of 5.39 million homes—up 17.2% from July of 2012. (Source: National Association of Realtors,...
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Stocks Hitting 52-Week Highs
Thursday, August 22, 2013 - 9:15am | 120Lumber Liquidators Holdings (NYSE: LL) gained 0.56% to touch a new 52-week high of $100.36. Lumber Liquidators' PEG ratio is 1.24. GameStop (NYSE: GME) shares reached a new 52-week high of $55.68 after the company reported upbeat Q2 results and lifted its FY14 forecast. hhgregg (NYSE: HGG) shares...
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Benzinga's PreMarket Info Recap for August 21, 2013: Markets Selling Off A Bit, Bounce Back From Lows
Wednesday, August 21, 2013 - 8:24am | 234Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on...
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Benzinga's Top Pre-Market Gainers
Wednesday, August 21, 2013 - 7:09am | 116Incyte (NASDAQ: INCY) moved up 16.67% to $31.50 in the pre-market session after the company provided top-line results from Phase II proof-of-concept trial of ruxolitinib. Alaska Communications Systems Group (NASDAQ: ALSK) surged 7.55% to $3.69 in the pre-market session. Alaska Communications'...
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Lumber Liquidators Offer Update on Supply Chain Optimization Initiative, Sees Expenditures $42-46M
Wednesday, August 21, 2013 - 7:07am | 381Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in North America, today announced the next phase in its multi-year supply chain optimization initiative with the planned construction of a new distribution center in Henrico County, Virginia and the leasing of a new...
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US Stock Futures Down Ahead Of Fed Minutes
Wednesday, August 21, 2013 - 6:17am | 390Pre-open movers US stock futures traded lower in early pre-market trade, ahead of the release of the recent FOMC minutes. Data on existing home sales for July will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 43 points to 14,942.00, while the Standard &...
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UPDATE: Lowe's Posts 26% Rise In Q2 Profit, Lifts Full-Year Outlook
Wednesday, August 21, 2013 - 5:38am | 100Lowe's Companies (NYSE: LOW) reported a 26% rise in its fiscal second quarter earnings and lifted its forecast for the year. Lowe's now projects full-year earnings of $2.10 per share on sales growth of 5%. The company had earlier expected earnings of $2.05 per share on sales growth of 4%. Lowe's...