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Broadcom Beats Expectations - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 1087Leading chipmaker Broadcom Corporation (BCRM) reported solid results for the third quarter of 2010, which beat both management and the Zacks estimates. Broadcom generated revenues of $1.806 billion in the third quarter of 2010, up 44% year over year and up 12.6% sequentially. The results...
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Sherwin Williams Misses 3Q Consensus Estimates
Wednesday, October 27, 2010 - 9:37am | 187Sherwin Williams' (NYSE: SHW) 3Q EPS missed our and consensus expectations ($1.60 vs. our $1.67) due to increasing raw material costs and softer than expected growth in the Consumer business. The company has attempted to offset cost pressures by raising prices in its stores, but with raw material...
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Earnings Scheduled For October 26 (DD, DV, BMY, COH, MCK, AFL, DWA, FIS, X, F, NBR, VLO, MHP, SHW, LXK, BRCM, KMB, WU, UA)
Tuesday, October 26, 2010 - 4:39am | 412DuPont (NYSE: DD) is expected to post its Q3 EPS at $0.33. DeVry (NYSE: DV) is likely to report its FQ1 earnings of $0.95 per share. Bristol-Myers Squibb & Co (NYSE: BMY) may post its Q3 earnings at $0.53 per share. Coach Inc (NYSE: COH) is estimated to post its fiscal first-quarter earnings at...
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Used Home Sales Rise, Prices Fall - Analyst Blog
Monday, October 25, 2010 - 2:33pm | 1289Existing home sales rose 10.0% in September to an annual rate of 4.53 million from a slightly downwardly revised rate of 4.12 million in August. Relative to a year ago, sales are down 19.1%. Existing home sales have been significantly distorted by the tax credit timing. A year ago, sales were...
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Company News for October 25, 2010 - Corporate Summary
Monday, October 25, 2010 - 10:03am | 595• The Singapore Stock Exchange agreed to purchase its Australia-based peer, ASX, for $8.3 billion • Carlyle announced plans to buy CommScope (NYSE: CTV) for $31.50 per share • Lorillard (NYSE: LO) reported third quarter earnings of $1.81 a share, $0.17 higher than estimated, on revenues up 12.6% to...
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Stock Market News for October 22, 2010 - Market News
Friday, October 22, 2010 - 9:33am | 599Equities staged a modest advance as investors weighed another batch of strong earnings reports and a stronger dollar. Investors' confidence also got a boost after Caterpillar and eBay raised their earnings forecasts and McDonald's came out with better-than-estimated earnings. Stocks had rallied in...
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Top Performing Industries For October 21 (NFLX, EBAY, HD, PCP)
Thursday, October 21, 2010 - 10:38am | 190At 10:19 am, the Dow gained 0.81% to 11,197.84, the broader Standard & Poor's 500 index moved up 0.82% to 1,187.85 and the NASDAQ composite index rose 0.87% to 2,478.85. The industries that are driving the market today are: Music & Video Stores: This industry jumped 12.26% by 10:19 am. The...
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Brian Sozzi Positive On Lowe's (LOW)
Wednesday, October 20, 2010 - 11:25am | 59Wall Street Strategies analyst Brian Sozzi is positive on Lowe's Companies, Inc. (NYSE: LOW), as he noted the company has freed up a healthy amount of cash to buyback shares. At last check, shares of LOW are up 34 cents to $21.39, a gain of 1.6%.
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Sherwin-Williams Declares Dividend of $0.36
Wednesday, October 20, 2010 - 11:05am | 37The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of $0.36 per common share, payable on December 3, 2010, to shareholders of record on November 19, 2010.
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Sherwin-Williams Declares Dividend of $0.36
Wednesday, October 20, 2010 - 11:04am | 37The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced a regular quarterly dividend of $0.36 per common share, payable on December 3, 2010, to shareholders of record on November 19, 2010.
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XSNX.OB: CIGSolar Cell Devices That Surpass 14 Percent Conversion Efficiency
Tuesday, October 19, 2010 - 2:27pm | 799Aliso Viejo, CA – October 19, 2010 (Investorideas.com renewable energy/green newswire) - XsunX, Inc. (OTC Bulletin Board:XSNX.OB), the developer of advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, today announced the successful fabrication of cells based...
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LodgeNet: Out Of Control
Tuesday, October 19, 2010 - 6:13am | 730Value investors prefer investing in companies that control their own destinies. That way, if things aren't going well, fixes can be implemented to avoid a loss in asset value or earnings power, either by existing management or a new one. When a company faces problems as a result of external...
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Zacks Analyst Blog Highlights: AMZN,KR,BBY,HD,GPS - Press Releases
Monday, October 18, 2010 - 11:03am | 2056For Immediate Release Chicago, IL – October 18, 2010 – Zacks.com Analyst Blog features:Amazon (AMZN), Kroger (KR), Best Buy (BBY), Home Depot (HD) and The Gap (GPS). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513...
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Retail Sales' Rise Surprise - Analyst Blog
Monday, October 18, 2010 - 10:09am | 1585Retail Sales were better than expected in September, and the numbers for August were revised significantly higher. Total retail sales rose 0.6%, better than the 0.4% consensus expectation and are up 7.3% from a year ago. August was revised up from 0.4% growth to 0.7% growth, which makes the overall...
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Chemical Industry Outlook - Oct. 2010 - Industry Outlook
Monday, October 18, 2010 - 2:33am | 1913OVERVIEW The chemical industry comprises of companies engaged in the processing and refinement of agricultural and industrial chemicals as well as gases. Chemicals are used to make a wide variety of consumer goods besides being necessary in the agriculture, manufacturing, construction and services...