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Telus Launches Optik Services - Analyst Blog
Wednesday, June 9, 2010 - 2:09pm | 562The second largest Canadian carrier Telus Corp (TU) has unveiled a new range of home entertainment and communication services. The operator has reportedly launched premium IPTV (Internet TV) and high-speed Internet services under the “Optik" moniker across its key western Canadian markets of...
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DISH Network's New Ad Campaign - Analyst Blog
Friday, June 4, 2010 - 12:13pm | 2540DISH Network Corp. (DISH) is opting for innovative advertisement campaign in order to gain maximum foothold in the intensely competitive U.S. pay-TV market. Recently the company has launched an ad-promo for its new “Free HD for Life" service. With this DISH Network will offer customers...
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US Stocks Ended In The Black Yesterday Ahead Of May Employment Report
Friday, June 4, 2010 - 6:35am | 272US stocks closed marginally higher yesterday, with the energy and technology sectors leading the gains. However, profits remained modest ahead of the May employment data that is scheduled to be released today. In yesterday’s earlier trading hours, stocks rose in light of the mixed job reports....
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Mike Khouw Suggests A Long Position In LOW
Friday, May 28, 2010 - 5:03pm | 158Mike Khouw said in an interview on CNBC that he is bullish on Lowe's Companies, Inc. (NYSE: LOW). Mike Khouw likes Lowe's (LOW) because it doesn't have a big exposure to economic cycle, it behaved pretty good when things were looking bleak. Mr. Khouw added that Lowe's (LOW) also doesn't have much...
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Microsoft (MSFT) Analysts Expect a Bounce Higher
Friday, May 28, 2010 - 9:11am | 1817Microsoft Corp. (NASDAQ: MSFT) has dropped 16% over the last month and has breached previous support at its 50-week moving average. But a disconcerting pullback for some means a buying opportunity for others, and on Thursday, analysts with FBR upgraded MSFT shares to “outperform” from “market...
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HD Upgraded To Buy At Longbow
Wednesday, May 26, 2010 - 6:55am | 49Analysts at Longbow Research upgrade Home Depot (NYSE: HD) from "neutral" to "buy." The target price for HD is set to $39. HD’s shares rose 2.29% to close at $33.98 yesterday. More Analyst Ratings here
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Longbow Upgrades LOW To Buy
Wednesday, May 26, 2010 - 6:52am | 50Analysts at Longbow Research upgrade Lowe's Companies Inc (NYSE: LOW) from "neutral" to "buy." The target price for LOW is set to $29. LOW’s shares gained 0.99% to close at $24.42 yesterday. More Analyst Ratings here
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US Stocks Ended In Black Yesterday After A Sharp Recovery In The Dow
Wednesday, May 26, 2010 - 5:37am | 251US stocks closed mostly up yesterday after a volatile session that saw the Dow Jones Industrial Average plunging below the 10,000 mark for the first time since February. The blue-chip average rebounded from nearly a 300-point decline, helped by the materials, financial and consumer sectors. Markets...
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Trade with Tight Parameters 05-25-2010
Tuesday, May 25, 2010 - 3:18pm | 752Cusick’s Corner There are a lot of scared investors and traders out there today. We are seeing an enormous spike in emotion and the market seems to be reacting irrationally. While short-term solvency has come into question for some asset classes and countries, I have yet to see or hear a clear,...
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Home Depot Only Positive Dow Component Today (HD)
Tuesday, May 25, 2010 - 12:45pm | 101There really has been no place for spooked investors to hide in U.S. equity markets over the last couple of weeks. All industry sectors, as well as commodities, have experienced a broad sell off, which is continuing today. Currently, the Dow Jones Industrial Average has fallen 186 points, or 1.86...
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Bear Tracks 05-21-2010
Friday, May 21, 2010 - 3:58pm | 934Cusick’s Corner The market bounced impressively this morning. But I am in no mood to sugar coat this move -- the market is in a bear trend. AAII sentiment data is one major piece of information that I monitor which supports a bearish trend debate. AAII polled independent investors on their...
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Stock Market News for May 19, 2010 - Market News
Wednesday, May 19, 2010 - 9:33am | 506Stocks dropped sharply on Tuesday and the euro plunged to a fresh four-year low against the US dollar as Germany’s move to ban a particular type of short selling was seen as a precursor to tighter regulations. Reports that ten European countries had sent bailout money to Greece gave some boost to...
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Bears Have Momentum 05-18-2010
Tuesday, May 18, 2010 - 3:07pm | 813Cusick’s Corner The bears have the momentum at this stage, even with the positive start to the day. As noted in past Corners, we could be stuck in a whippy but consolidated range-bound trade. With Euro still under pressure and the Dollar still seeing some flight to quality trade, this market seems...
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JP Morgan Maintains Overweight Rating On Home Depot, Inc. (HD)
Tuesday, May 18, 2010 - 2:56pm | 72Analysts at JP Morgan have released an update on Home Depot, Inc. (NYSE: HD). Earlier today, the company reported its first-quarter results. Home depot reported first-quarter EPS of $0.45, which was ahead of analysts’ estimate of $0.42 and consensus of $0.40. The company raised its FY10 GAAP EPS...
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Retailers Dip (TJX, ANF, HD)
Tuesday, May 18, 2010 - 1:45pm | 150Retailers are coming under pressure today despite better-than-expected quarterly reports. TJX Companies (NYSE: TJX) reported first-quarter earnings of 80 cents per share, ahead of the 78 cents per share consensus. However, the company issued downside guidance for fiscal year 2011 and said it...