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Dow Closes Above 13,000 on Black Friday
Friday, November 23, 2012 - 1:56pm | 194U.S. stocks rallied more than three percent during this week's holiday-shortened session, capped off by a 172 point rally on Black Friday which pushed the Dow over the closely-watched 13,000 level. The Dow, NASDAQ and S&P 500 are currently sitting at levels not seen since just after President...
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Lowe's Rallies on Impressive Earnings
Monday, November 19, 2012 - 3:54pm | 249Shares of hardware store Lowe's (NYSE: LOW) surged on Monday, up some six percent, after the company posted impressive earnings. The retailer also boosted its outlook for the year. Earnings per share came in higher expected, at $0.40 per share -- $0.35 was anticipated. Likewise, revenue beat at $...
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Benzinga's Top Pre-Market Gainers
Monday, November 19, 2012 - 8:04am | 134BioMimetic Therapeutics (NASDAQ: BMTI) surged 80.24% to $7.48 in the pre-market session. Wright Medical Group (NASDAQ: WMGI) and BioMimetic Therapeutics have entered into a definitive agreement for a business combination. SINA (NASDAQ: SINA) added 8.72% to $49.00 in the pre-market session. Alibaba...
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A Peek Into The Market Before The Trading Starts
Monday, November 19, 2012 - 7:15am | 358Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 66 points to 12,636.00 and S&P 500 index futures rose 8.50 points to 1,368.30. Nasdaq 100 futures gained 16.25 points to 2,549.25. A Peek Into Global Markets European markets were...
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UPDATE: Lowe's Posts Upbeat Q3 Sales
Monday, November 19, 2012 - 6:50am | 72Lowe's Companies (NYSE: LOW) reported a rise in its third-quarter profit. Lowe's quarterly sales climbed 1.9% to $12.1 billion, beating analysts' estimates of $11.9 billion. Its sales at stores open at least year gained 1.8%. Lowe's quarterly net income increased to $396 million, or $0.35 per...
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US Stock Futures Up Ahead Of Economic Data
Monday, November 19, 2012 - 6:06am | 393US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 47 points to 12,617.00 and S&P 500 index futures rose 6 points to 1,365.80. Nasdaq 100 futures gained 12 points to 2,545.00. US stocks closed higher on Friday, with the Dow Jones Industrial Average...
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Earnings Scheduled For November 19, 2012
Monday, November 19, 2012 - 1:51am | 489Agilent Technologies (NYSE: A) is estimated to post its Q4 earnings at $0.80 per share on revenue of $1.76 billion. Lowe's Companies (NYSE: LOW) is projected to report its Q3 earnings at $0.35 per share on revenue of $11.91 billion. Brocade Communications Systems (NASDAQ: BRCD) is projected to...
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Stocks To Watch For November 19, 2012
Monday, November 19, 2012 - 1:30am | 173Some of the stocks that may grab investor focus today are: Wall Street expects Lowe's Companies (NYSE: LOW) to report its Q3 earnings at $0.35 per share on revenue of $11.91 billion. Lowe's shares gained 1% to $32.30 in after-hours trading. Franklin Resources (NYSE: BEN) announced a special cash...
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Lumber Liquidators Board Authorizes New $50M Share Repurchase Program
Thursday, November 15, 2012 - 4:13pm | 114Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in the U.S., today announced that its Board of Directors has authorized the repurchase of an additional $50 million of its common stock. The repurchases will be subject to market conditions and other factors and will...
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Are Storms an Investment Opportunity?
Monday, October 29, 2012 - 5:36am | 795For the last two days, the entire East coast has been bombarded with news about the impending arrival of Hurricane Sandy. Meteorologists, already looking tired, have filled the airwaves with vague predictions and hapless reporters have been dispatched to gas stations and supermarket parking lots to...
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Stocks Hitting 52-Week Highs
Wednesday, October 24, 2012 - 9:20am | 135New England Bancshares (NASDAQ: NEBS) shares jumped 0.21% to create a new 52-week high of $14.20. New England Bancshares' trailing-twelve-month operating margin is 31.67%. W.R. Berkley (NYSE: WRB) shares gained 0.68% to touch a new 52-week high of $40.00. W.R. Berkley reported a rise in its Q3 net...
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Some Niche ETFs Seeing Decent Inflows
Monday, October 22, 2012 - 4:21pm | 893Not all ETFs can have a broad, easy-to-comprehend objective such as the SPDR S&P 500 (NYSE: SPY) or the PowerShares QQQ (NASDAQ: QQQ). Those ETFs, and many like them, track widely followed indexes and usually do so at fair price points and without alarming tracking error. Thing is the market...
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Stocks Hitting 52-Week Highs
Friday, October 19, 2012 - 9:21am | 134PVF Capital (NASDAQ: PVFC) shares jumped 1.22% to create a new 52-week high of $2.50. PVF Capital's trailing-twelve-month revenue is $120.11 million. Lowe's Companies (NYSE: LOW) shares gained 1.67% to touch a new 52-week high of $33.12. Lowe's PEG ratio is 1.29. Novo Nordisk A/S (NYSE: NVO)...
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A Peek Into The Market Before The Trading Starts
Monday, September 17, 2012 - 6:17am | 360Pre-open movers US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 12 points to 13,506.00 and S&P 500 index futures fell 2.30 points to 1,456.70. Nasdaq 100 futures declined 3.25 points to 2,847.00. A Peek Into Global Markets European...
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Lowe's Withdraws Merger Proposal from Rona Board
Monday, September 17, 2012 - 6:04am | 85Lowe's Companies Inc. (NYSE: LOW) announced today it has formally withdrawn its non-binding proposal dated July 8, 2012 to the Board of Directors of RONA Inc. (TSX: RON) ("RONA") to acquire all of the issued and outstanding common shares of RONA for C$14.50 in cash per share. Lowe's has repeatedly...