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Lowe's Names Michael K. Brown CIO
Thursday, January 20, 2011 - 1:30pm | 51Lowe's Companies, Inc. (NYSE: LOW) announced today the appointment of Michael K. Brown to executive vice president and chief information officer (CIO). He replaces Steven M. Stone, who is leaving the company to pursue other interests.
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Top Performing Industries For January 20 (PRGO, LOW, RJF, HIBB)
Thursday, January 20, 2011 - 11:26am | 194At 10:22 am, the Dow fell 0.36% to 11,782.91, the broader Standard & Poor's 500 index moved down 0.42% to 1,276.58 and the NASDAQ composite index dropped 0.79% to 2,703.70. The industries that are still afloat in the market today are: Drug Related Products: This industry jumped 2.81% by 10:22...
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Home Depot Trading Up 1.38% (HD)
Thursday, January 20, 2011 - 10:47am | 22Home Depot, Inc. (NYSE: HD) is trading up 1.38%. Shares last traded at $36.12, up from $35.63.
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Credit Suisse Initiates SHW At Underperform, $80 PT
Thursday, January 20, 2011 - 10:35am | 110Credit Suisse is initiating coverage of Sherwin-Williams Company (NYSE: SHW) with an Underperform rating and a 12-month price target of $80. “SHW faces sizeable raw material headwinds in titanium dioxide (TiO2) and potentially acrylics, a relatively weak demand outlook for premium architectural...
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Home Depot in Neutral Lane - Analyst Blog
Wednesday, January 19, 2011 - 10:01am | 490We reiterate our 'Neutral' recommendation on The Home Depot Inc. (HD). The company has been able to optimize capital allocation and concentrate on core business activities by following the strategy of shutting down underperforming stores. However, relentless job losses and a consequent check on...
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Home Depot in Neutral Lane - Analyst Blog
Wednesday, January 19, 2011 - 9:45am | 490We reiterate our 'Neutral' recommendation on The Home Depot Inc. (HD). The company has been able to optimize capital allocation and concentrate on core business activities by following the strategy of shutting down underperforming stores. However, relentless job losses and a consequent check on...
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Fastenal Misses EPS by a Penny - Analyst Blog
Tuesday, January 18, 2011 - 2:31pm | 696Fastenal Co.(FAST) posted a 46.3% increase in profit to $65.1 million during the fourth quarter of 2010 from $44.5 million in the year-ago quarter. Earnings per share improved 46.7% to 44 cents from 30 cents a year ago, a penny behind the Zacks Consensus Estimate of 45 cents per share. Net...
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Fastenal Misses EPS by a Penny - Analyst Blog
Tuesday, January 18, 2011 - 2:00pm | 696Fastenal Co.(FAST) posted a 46.3% increase in profit to $65.1 million during the fourth quarter of 2010 from $44.5 million in the year-ago quarter. Earnings per share improved 46.7% to 44 cents from 30 cents a year ago, a penny behind the Zacks Consensus Estimate of 45 cents per share. Net...
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INERGY LP (NRGY) - Profit Tracks
Tuesday, January 18, 2011 - 10:01am | 600Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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INERGY LP (NRGY) - Profit Tracks
Tuesday, January 18, 2011 - 1:00am | 600Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Fast Money Picks For January 18th (VIP, MBT, HD, C, FCX)
Saturday, January 15, 2011 - 4:07pm | 216On CNBC's Fast Money, Tim Seymour said that he is bullish on Russia. He wants to buy VimpelCom Ltd. (NYSE: VIP) and Mobile TeleSystems OJSC (ADR) (NYSE: MBT) on Tuesday. VimpelCom Ltd. (VIP) closed flat on Friday, at $15.34, while Mobile TeleSystems OJSC (MBT) added 0.24%, and closed at $20.65. Guy...
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Tetra Tech Buys Fransen - Analyst Blog
Friday, January 14, 2011 - 6:01pm | 583Tetra Tech Inc (TTEK) is set to acquire substantially all of the assets of Fransen Engineering of Richmond, British Columbia. The target company provides engineering and technical consultancy services to industrial clients with targeted expertise in water treatment and management for oil sands...
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Tetra Tech Buys Fransen - Analyst Blog
Friday, January 14, 2011 - 5:16pm | 583Tetra Tech Inc (TTEK) is set to acquire substantially all of the assets of Fransen Engineering of Richmond, British Columbia. The target company provides engineering and technical consultancy services to industrial clients with targeted expertise in water treatment and management for oil sands...
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Mid-America on Acquisition Spree - Analyst Blog
Friday, January 14, 2011 - 1:01pm | 563Mid-America Apartment Communities Inc. (MAA), an apartment-only real estate investment trust (REIT), has recently acquired Alamo Ranch apartment community in San Antonio, Texas, for an undisclosed amount. The acquisition is part of the long-term strategy of the company to own assets in premium...
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Mid-America on Acquisition Spree - Analyst Blog
Friday, January 14, 2011 - 12:30pm | 563Mid-America Apartment Communities Inc. (MAA), an apartment-only real estate investment trust (REIT), has recently acquired Alamo Ranch apartment community in San Antonio, Texas, for an undisclosed amount. The acquisition is part of the long-term strategy of the company to own assets in premium...