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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 5:16am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Energy XLE & USO Were Leaders 12-02-2010
Thursday, December 2, 2010 - 7:11pm | 978Cusick's Corner The market continues to plow forward and Energy, both XLE & USO were the end of day leaders. Jan Crude futures, CLF11 $1.21 came off highs that we have not seen in over 2 years. Now with this move, traders in energy stocks could be looking to potentially “roll” positions that...
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Some Long Positions May Need to Marry Puts 12-02-2010
Thursday, December 2, 2010 - 3:48pm | 1003Cusick's Corner The market continues to chug along and the Finance sector, XLF, continues to be the offensive leader. While the underlying action has been quite bullish, the option activity has been shifting to a 50/50 puts to calls positioning. What is notable and worth discussing again is that...
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Tractor Ups Outlook - Analyst Blog
Thursday, December 2, 2010 - 2:04pm | 515Tractor Supply Company (TSCO) raised its sales and earnings outlook for fiscal 2010 on the back of better-than-expected sales. Tractor is well positioned to capitalize on positive long-term trends. The company now expects fiscal 2010 topline to range between $3.57 billion and $3.59 billion...
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Top Performing Industries For December 2 (WBD, CRH, LOW, SMS)
Thursday, December 2, 2010 - 11:34am | 196At 10:29 am, the Dow gained 0.69% to 11,333.16, the broader Standard & Poor's 500 index moved up 0.80% to 1,215.67 and the NASDAQ composite index rose 0.65% to 2,565.90. The industries that are driving the market today are: Dairy Products: This industry jumped 17.87% by 10:29 am. The top stock...
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Stock Market News for December 2, 2010 - Market News
Thursday, December 2, 2010 - 10:54am | 664U.S. stocks kicked off December on a solid note, with major averages climbing at least 2%, as a batch of upbeat economic data from the United States and China helped investors set aside eurozone contagion worries. The rally was led by material and energy shares. The blue-chip Dow Jones...
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Goldman Sachs Adjusts LOW, OMX, PETM, SPLS And WSM Price Targets
Thursday, December 2, 2010 - 9:03am | 98Goldman Sachs is making changes to the price targets of the following companies: Lowe's (NYSE: LOW) goes to $27 from $26; currently trades at $23.75. OfficeMax (NYSE: OMX) goes to $20 from $19; currently trades at $17.90. PetSmart (NASDAQ: PETM) goes to $42 from $41; currently trades at $38.51....
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Tractor Ups Outlook - Analyst Blog
Thursday, December 2, 2010 - 7:28am | 515Tractor Supply Company (TSCO) raised its sales and earnings outlook for fiscal 2010 on the back of better-than-expected sales. Tractor is well positioned to capitalize on positive long-term trends. The company now expects fiscal 2010 topline to range between $3.57 billion and $3.59 billion...
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Stock Market News for December 2, 2010 - Market News
Thursday, December 2, 2010 - 5:23am | 664U.S. stocks kicked off December on a solid note, with major averages climbing at least 2%, as a batch of upbeat economic data from the United States and China helped investors set aside eurozone contagion worries. The rally was led by material and energy shares. The blue-chip Dow Jones...
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17 Stocks That Are Gaining Momentum
Wednesday, December 1, 2010 - 3:01pm | 199This screen here is useful for finding those stocks starting to catch some momentum to the upside. This is similar to its sister-screen that I call "Stocks That Are Breaking Down" (but just the exact opposite). For a day like we are seeing today, it is useful to see those stocks that could benefit...
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Deutsche Bank Maintains Lowe's Rating And PT
Wednesday, December 1, 2010 - 10:37am | 148Lowe's Companies, Inc. (NYSE: LOW) hosted an analyst day, which Deutsche Bank believes presented two key takeaways. “First, we believe LOW is targeting a lower sales, but higher margin, outlook relative to previous long-term guidance, with gross margin opportunities on several,” Deutsche Bank...
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Lowe's Sticks to Outlook - Analyst Blog
Wednesday, December 1, 2010 - 10:30am | 483Lowe's Companies Inc. (LOW), the world's second largest home improvement retailer, reaffirmed its fiscal 2010 outlook, and said that during its annual conference, it would highlight the strategic initiatives to be undertaken to stay afloat amid unpredictable housing market and dwindling consumer...
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Goldman Sachs Raises Lowe's 2012 EPS Forecast
Wednesday, December 1, 2010 - 10:12am | 84Goldman Sachs said that it still sees excellent risk/reward in Lowe's Companies, Inc.'s (NYSE: LOW) shares, as a stabilizing consumer backdrop suggests stable-to-improving demand; stable sector gross margins, tight cost discipline, and thoughtful capital allocation aid earnings visibility; and risk...
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Piper Jaffray Maintains Estimates on Lowe''s Companies (LOW)
Wednesday, December 1, 2010 - 9:03am | 125Piper Jaffray maintains its estimates on Lowe's Companies (NYSE: LOW) after attending LOW's Analyst and Investor Conference the past two days. In its report to clients, Piper Jaffray writes, "At this point, we are maintaining our F10 and F11 EPS estimates of $1.42 and $1.65. We are not increasing...
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Lowe's Sticks to Outlook - Analyst Blog
Wednesday, December 1, 2010 - 5:14am | 483Lowe's Companies Inc. (LOW), the world's second largest home improvement retailer, reaffirmed its fiscal 2010 outlook, and said that during its annual conference, it would highlight the strategic initiatives to be undertaken to stay afloat amid unpredictable housing market and dwindling consumer...