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In Line 3Q Results Expected for Lowe's Compaines
Friday, November 12, 2010 - 9:34am | 101Lowe's Companies (NYSE: LOW) is expected to have in line 3Q results according to a research report published today by Piper Jaffray. Piper Jaffray expects 3Q EPS of $0.31 which are slightly above the consensus of $0.30. They estimate a comp of 1.8% which is in line with the consensus and 3Q sales...
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Home Depot Maintains Neutral Rating
Friday, November 12, 2010 - 8:43am | 86Piper Jaffray released its research report today on The Home Depot (NYSE: HD) maintaining their Neutral rating and price target. The Home Depot is expected to have in line Q3 EPS of $0.47, consensus is $0.48. They are also believed to have Q3E of $16.7B compared to the consensus of $16.4B. Piper...
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Week in Preview: Macy's, Priceline, Others Kick Off Retail Earnings
Monday, November 8, 2010 - 9:00am | 566This week, JCPenney (NYSE: JCP), Kohl's (NYSE: KSS) and Macy's (NYSE: M) are the first of the major retailers to report results for the most recent quarter. Macy's launched an American Express credit card and increased its mobile presence during the fiscal fourth quarter. The analysts surveyed by...
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The Fix is In
Thursday, November 4, 2010 - 10:48am | 701We finally know what's been cooking behind the walls at the Federal Reserve. After weeks of speculation, the number's out - and I think Ben Bernanke nailed it. Of course there are those who will say that QE 2.0 should have been bigger, that $600 billion isn't...
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The Fix is In
Thursday, November 4, 2010 - 10:48am | 701We finally know what's been cooking behind the walls at the Federal Reserve. After weeks of speculation, the number's out - and I think Ben Bernanke nailed it. Of course there are those who will say that QE 2.0 should have been bigger, that $600 billion isn't...
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Brian Kelly Says Take A Look At Home Builders (XHB)
Wednesday, November 3, 2010 - 5:36pm | 87Brian Kelly said that with today's announcement from the Federal Reserve, he believes housing and timber will benefit, as housing is the biggest asset most people have. He said to take a look at the SPDR S&P Homebuilders (ETF) (NYSE: XHB), Plum Creek Timber (NYSE: PCL) and Home Depot (NYSE: HD...
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Lumber Liquidators Misses Q3 EPS by Wide Margin (LL)
Wednesday, November 3, 2010 - 5:24pm | 86Hardwood floor supplier Lumber Liquidators (NYSE: LL) reported Q3 EPS of 15c vs. 32c after the close today November 3rd. Lumber Liquidator shares are down nearly 13% after hours to the 21.60 level. Their Q3 revenue came in $147.2M vs. 161.47M. Net store sales were down 5.7% in Q3. LL closed up 94c...
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Lumber Liquidators Announces Third Quarter 2010 Financial Results: EPS of $0.15
Wednesday, November 3, 2010 - 5:01pm | 81Lumber Liquidators (NYSE: LL), the largest specialty retailer of hardwood flooring in the U.S., today announced financial results for the third quarter and nine months ended September 30, 2010. Net income decreased 44.8% to $4.3 million, or $0.15 per diluted share, in the third quarter of 2010 from...
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Calls Purchased on Lowe's Companies (LOW)
Wednesday, November 3, 2010 - 12:39pm | 147Shares of Lowe's Companies, Inc. (NYSE: LOW) are lower on the session by 0.55%, currently trading at $21.80. The stock has been moving largely higher over the past four months after basing around the $20.00 level. Options traders are buying calls on the name today. A short while ago the December $...
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Deferred Maintenance is a Bear
Wednesday, November 3, 2010 - 12:32pm | 1235Anybody who has ever owned a home or commercial building knows about deferred maintenance. It's all the things that need to be done to keep a property 'up to snuff' - and many owners hate to do it. Homeowners are constantly looking for ways to save money...
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Deferred Maintenance is a Bear
Wednesday, November 3, 2010 - 12:32pm | 1235Anybody who has ever owned a home or commercial building knows about deferred maintenance. It's all the things that need to be done to keep a property 'up to snuff' - and many owners hate to do it. Homeowners are constantly looking for ways to save money...
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Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 10:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
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Top 4 Stocks In The Home Improvement Stores Industry With The Highest Market Capitalization (HD, LOW, LL, BLDR)
Wednesday, November 3, 2010 - 3:31am | 127Below are the top home improvement store stocks on the NYSE and the NASDAQ in terms of market capitalization. Home Depot, Inc (The) (NYSE: HD) has a market capitalization of $52.87 billion. HD's PEG ratio is 1.23. Lowe's Companies Inc (NYSE: LOW) has a market capitalization of $30.71 billion. LOW's...
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Fast Money Picks For November 3rd (HD, CLX, CVS, AAPL, KOL)
Tuesday, November 2, 2010 - 7:13pm | 213On CNBC's Fast Money, Brian Kelly said that he likes The Home Depot, Inc. (NYSE: HD), and he wants to buy it tomorrow. The Home Depot, Inc. (HD) gained 2.61%, and closed at $31.51 today. Steve Cortes wants to buy The Clorox Company (NYSE: CLX) on Wednesday. The Clorox Company (CLX) fell 4.21%, and...
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Monmouth Real Estate Investment Corporation Announces $5.8M Property Acquisition
Monday, November 1, 2010 - 3:39pm | 100Monmouth Real Estate Investment Corporation (NYSE: MNR) has announced the acquisition of a 66,387 square foot industrial building located in the Rockford Industrial Park at 4472 Technology Drive, Winnebago County, Rockford, Illinois, at a purchase price of approximately $5,850,000. The property is...