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David Duke Wants to Trade White Robe For White House in 2012 GOP Bid
Tuesday, July 5, 2011 - 4:52pm | 772For a political party that lives in the Reagan Glory Days of the 1980s, it's surprising to see one of their potential presidential candidates looking to take the party back to the 60s. That is to say the 1860s. David Duke, the former KKK leader who is surprisingly comfortable in both Republican...
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Citi Reiterates Buy on Home Depot
Thursday, June 30, 2011 - 9:18am | 109Citi is out with its report today on Home Depot (NYSE: HD), reiterating Buy. In a note to clients, Citi writes, "HD's 1Q11 EPS results were encouraging despite soft SSS, as the company remains focused on driving gross margin improvement and managing expenses. We believe that HD's merchandising...
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Credit Suisse Updates 6/29/11
Wednesday, June 29, 2011 - 8:25am | 174Penn Virginia Corp (NYSE: PVA) had its rating downgraded from Outperform to Neutral. At the same time, its price target was reduced from $22 to $15. On Tuesday, Penn Virginia lost 3.39% of its value to finish the day at $13.96. Its shares continued to slide in today's pre-market trading, falling 2....
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Companies Presenting Today at Oppenheimers Consumer Conference
Tuesday, June 28, 2011 - 8:40am | 384Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...
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Top Percentage Pre-Market Gainers and Losers
Tuesday, June 28, 2011 - 7:30am | 184Gainers: Accenture PLC (NYSE: ACN) is up over 5% after its addition to S&P 500 Index. LinkedIn (NASDAQ: LNKD) is up over 2% after JPMorgan rated the company Overweight and Bank of America rated the company as a New Buy with a price target of $92. TJX Companies (NYSE: TJX) is up over 1.5% after...
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Window Dressing 06-27-2011
Monday, June 27, 2011 - 3:25pm | 1003Cusick's Corner Window dressing -- the grind to the upside could be a combination of some end of the quarter window dressing with a twist of shorts being squeezed. The market has again held critical support, 1256 on the S&Ps, and found legs to bounce, plus Tech is leading again. Now I take...
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Critical Levels Broken 06-23-2011
Thursday, June 23, 2011 - 2:44pm | 1052Cusick's Corner Critical levels were broken in both equities and commodities and the Dollar currently is the trade. I did cover my short deltas this morning and am sitting flat but want to see if the Midday lows entice the Bid, seeing a little action in select names. In bond trading -- yields...
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UPDATE: Stifel Nicolaus Upgrades Lumber Liquidators to Buy
Thursday, June 23, 2011 - 9:16am | 125Stifel Nicolaus is out with its report today on Lumber Liquidators (NYSE: LL), upgrading LL from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are raising our rating on Lumber Liquidators to a Buy from a Hold. We believe that the lingering impact of the troubled SAP implementation...
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J.P. Morgan Provides Color on the Home Depot, Overweight
Thursday, June 23, 2011 - 9:11am | 153J.P. Morgan provided color on the Home Depot (NYSE: HD). In a research report published today, J.P. Morgan stressed its belief that the company is outperforming its rival Lowe's (NYSE: LOW). In the report, J.P. Morgan states, "Overall we walked away more confident in our 2.5% comp forecast for...
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Stifel Nicolaus Upgrades FVE, LL To Buy
Thursday, June 23, 2011 - 8:19am | 43Stifel Nicolaus has upgraded the following companies: Five Star Quality Care (NYSE: FVE) from Hold to Buy, $7 PT Lumber Liquidators (NYSE: LL) from Hold to Buy, $31 PT
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Three Consumer Discretionary ETFs Worth Embracing, S&P Says
Thursday, June 16, 2011 - 1:40pm | 374In this environment of slack job growth and concerning economic data points on an almost daily basis, consumer discretionary ETFs may not seem like the first place investors should be rushing to, but a few may be worth a look, according to Standard & Poor's Equity Research. The research firm...
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Home Depot Leads Dow Higher
Thursday, June 16, 2011 - 1:24pm | 81The Dow Jones Industrial Average is currently trading around 75 points higher at 11,792. The widely watched blue-chip index has traded in a range between 11,876 and 11,990. Leading the Dow higher are shares of Home Depot (NYSE: HD), which have risen 2.48% to $34.72. Over the last 52-weeks, HD is...
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Goldman Sachs Price Target Changes For 6/16
Thursday, June 16, 2011 - 6:17am | 167Goldman Sachs has changed price targets on the following companies: Advance Auto Parts (NYSE: AAP) From $70.00 to $67.00 Bed, Bath & Beyond (NASDAQ: BBBY) From $62.00 to $60.00 Dick's Sporting Goods (NYSE: DKS) From $46.00 to $45.00 Genuine Parts Company (NYSE: GPC) From $52.00 to $51.00...
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Top 4 Stocks In The Home Improvement Stores Industry With The Highest Cash
Thursday, June 16, 2011 - 1:00am | 136Below are the top home improvement stores stocks on the NYSE and the NASDAQ in terms of cash. Lowe's Companies Inc (NYSE: LOW) had $1.84 billion in total cash and $6.58 billion in total debt for the latest quarter. Home Depot Inc (The) (NYSE: HD) had $1.81 billion in total cash and $10.76 billion...
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Jefferies Reiterates Buy on Lowe's and the Home Depot
Wednesday, June 15, 2011 - 8:09am | 178Jefferies reiterated its Buy rating on the Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) in spite of lowering its earnings per share estimates on both companies. In a research report published today, Jefferies stressed it prefers Home Depot to Lowe's. In the report, Jefferies states, "We still...