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Goldman Sachs Maintains Neutral on Lowe's Companies
Monday, August 15, 2011 - 8:12am | 121Goldman Sachs is out with its report today on Lowe's Companies (NYSE: LOW), maintaining Neutral. In its report, Goldman Sachs writes, "We expect a guarded reaction to this print. The stock has obviously been under pressure, in anticipation of some shortfall or guide-down. The magnitude of the...
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Benzinga's Top Pre-Market Losers
Monday, August 15, 2011 - 7:38am | 142Estee Lauder Companies Inc (The) (NYSE: EL) dipped 5.80% to $95.00 in the pre-market session. EL reported a 72% rise in its Q4 net income. Lowe's Companies Inc (NYSE: LOW) dropped 5.18% to $18.50 in the pre-market trading. Lowe's reported downbeat quarterly sales and lowered its fiscal-year...
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A Peek Into The Market Before The Trading Starts
Monday, August 15, 2011 - 7:17am | 341Pre-open movers US stock futures are higher this morning, as investors are awaiting data on the manufacturing and housing sectors. Futures on the Dow Jones Industrial Average surged 39 points to 11,289.00 and futures on the S&P 500 stock index rose 5.20 points to 1,182.00. Nasdaq 100 futures...
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News Summary for August 15, 2011
Monday, August 15, 2011 - 6:46am | 634This is your Benzinga news summary and traders' outlook for Monday, August 15, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S....
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UPDATE: Lowe's Reports Downbeat Q2 Sales, Lowers Forecast
Monday, August 15, 2011 - 6:21am | 111Lowe's Companies Inc (NYSE: LOW) reported downbeat quarterly sales and lowered its fiscal-year forecast. Lowe's sales increased 1.3% to $14.54 billion in the second quarter, versus analysts' estimates of $14.75 billion. Its net income came in at $830 million, or $0.64 per share, versus $832...
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Stocks To Watch For August 15
Monday, August 15, 2011 - 12:06am | 182Some of the stocks that may grab investor focus today are: Wall Street expects Estee Lauder Companies Inc (The) (NYSE: EL) to report its Q4 EPS at $0.24 on revenue of $2.03 billion. EL shares dropped 0.37% to $100.48 in after-hours trading. Analysts are expecting Lowe's Companies Inc (NYSE: LOW)...
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Earnings Scheduled For August 15
Monday, August 15, 2011 - 12:05am | 509Sysco Corporation (NYSE: SYY) is projected to report its Q4 EPS at $0.57 on revenue of $10.36 billion. Estee Lauder Companies Inc (The) (NYSE: EL) is estimated to report its Q4 EPS at $0.24 on revenue of $2.03 billion. 3SBio Inc (NASDAQ: SSRX) is expected to post its Q2 EPS at $0.20 on revenue of...
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UPDATE: J.P. Morgan Upgrades Valspar to Overweight
Friday, August 12, 2011 - 7:15am | 123J.P. Morgan is out with its report today on Valspar (NYSE: VAL), upgrading VAL to Overweight from Neutral. In its report, J.P. Morgan writes, "We upgrade our investment rating for Valspar from Neutral to Overweight. Valspar is an excellent company now available at an attractive price. Assuming 12...
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Piper Jaffray Neutral On Home Depot
Friday, August 12, 2011 - 6:33am | 155Piper Jaffray is out with a research report on Home Depot (NYSE: HD) and it has a Neutral rating and a $39 price target on shares. In a note to clients, Piper Jaffray writes, "We are maintaining our Neutral rating and holding our Q2E EPS estimates of $0.83 and $0.66 on HD and LOW ahead of the Q2...
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Home Depot Earnings Preview: Analyts Expect Higher EPS, Revenue
Thursday, August 11, 2011 - 3:32pm | 562Home Depot (NYSE: HD) unveils its next round of earnings this Tuesday, August 16, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings announcement. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 82 cents/share and revenues...
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Lowe's Companies Earnings Preview: Analyts Expect Higher EPS, Revenue
Wednesday, August 10, 2011 - 10:23am | 561Lowe's Companies (NYSE: LOW) unveils its next round of earnings this Monday, August 15, 2011. Get prepared with Benzinga's ultimate preview for Lowe's Companies' second quarter earnings. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive EPS...
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UPDATE: Bank of America Merrill Lynch Upgrades Sherwin-Williams to Buy
Wednesday, August 10, 2011 - 7:22am | 113Bank of America Merrill Lynch is out with its report today on Sherwin-Williams (NYSE: SHW), upgrading SHW to Buy from Neutral. In its report, Bank of America Merrill Lynch writes, "Our rating moves to Buy from Neutral. Relative to other stocks in our coverage, we see more limited downside risk as...
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News Summary for August 10, 2011
Wednesday, August 10, 2011 - 6:51am | 609This is your Benzinga news summary and traders' outlook for Wednesday, August 10, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take profits after a 400 point rally in the Dow...
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Jefferies Downgrades COST, HD, KSS, LOW, PETM, SPLS, TGT, USTR To Hold
Wednesday, August 10, 2011 - 6:27am | 153Jefferies & Company has downgraded the following companies: Costco (NASDAQ: COST) $74.66, from Buy to Hold PT from $93 to $71 Home Depot (NYSE: HD) $30.15, from Buy to Hold, PT from $44 to $33 Kohl's (NYSE: KSS) $46.56, from Buy to Hold, PT from $63 to $50 Lowe's (NYSE: LOW) $19.17, from...
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Bank of America Upgrades Sherwin-Williams To Buy, $90 PO
Wednesday, August 10, 2011 - 5:41am | 25Bank of America has upgraded Sherwin-Williams (NYSE: SHW) from Neutral to Buy and maintains its $90 price objective.