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Complacency is the Enemy 05-12-2010
Wednesday, May 12, 2010 - 6:46pm | 699Cusick’s Corner The market performed well into the afternoon with the Financials, XLF +.15, leading the move to the upside. With the overall market volatility pulling off, one may start to become a little too complacent -- try not to fall into that trap. Keep your risk and capital management close...
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Goldman Reiterates “Neutral” Rating on Sherwin-Williams Company
Monday, May 10, 2010 - 9:17am | 91Goldman Sachs Reiterated their “Neutral” rating on shares of Sherwin-Williams Company (NYSE: SHW) this morning, as well as their 12-month price target of $77. Goldman analysts said that at the company’s investor conference they provided on update on current market conditions and its key initiatives...
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AKNS Posts Disappointing Q1 Results
Monday, May 3, 2010 - 12:50pm | 113Analysts at Cantor Fitzgerald reiterate their "hold" rating on Akeena Solar Inc (NASDAQ: AKNS). The target price for AKNS is set to $1.50. According to Cantor Fitzgerald, AKNS reported disappointing revenues, down 8% sequentially. AKNS also reported a drop in sales despite initial stocking orders...
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Interesting ETF Idea: The NASCAR ETF
Sunday, May 2, 2010 - 2:13am | 271Before we get too carried away here, there are no plans for a NASCAR ETF, but think about: The idea isn't half bad. No sport in the U.S. is as dependent on corporate sponsorship dollars as NASCAR is. Every driver's car is considered a rolling billboard and given the cost involved in sponsoring a...
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Mad Money Lightning Round: Jim Dislikes DUF, Recommends LTD
Thursday, April 29, 2010 - 6:07am | 255In his "Mad Money Lightning Round," Jim Cramer said that he did not like Duff & Phelps (NYSE: DUF) and would not want to invest in it until the company reports another quarter. DUF’s shares lost 0.06% yesterday. Jim thinks Limited Brands (NYSE: LTD) has turned around. Although the company may...
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SHW Posts Strong Q1 Results, Ups 2010 EPS Guidance
Friday, April 23, 2010 - 12:33pm | 192Analysts at Northcoast Research maintain their "buy" rating on Sherwin-Williams Co (NYSE: SHW), while raising their estimates for the company. The target price for SHW has been raised from $70 to $84. According to Northcoast Research, SHW’s shares are showing nascent signs of strengthening demand,...
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US Stocks Rally On Impressive Home Sales Data
Friday, April 23, 2010 - 12:18pm | 259US stocks rallied quickly after the Commerce Department reported higher-than-expected sales of new homes in March. The sales rose to the largest year-over-year increase in nearly five years as buyers rushed to secure government tax credits scheduled to expire at the end of April. After opening in...
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Top Stocks of North Carolina
Friday, April 16, 2010 - 8:42pm | 1013North Carolina is a state with an increasingly diversified economy. The state is home to one of the largest financial institutions in the country as well as home to important biotechnology companies. Agriculture is still an important economic activity in the state. Some interesting facts about...
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Stock Market News for April 14, 2010 - Market News
Wednesday, April 14, 2010 - 9:33am | 475Ahead of bellwether Intel’s results U.S. stocks recorded slim gains Tuesday as optimism about corporate earnings was offset by Alcoa’s disappointing quarterly profit. Stocks traded in the red in early going, hurt by Alcoa’s poor kickoff to earnings season, but expectations that Intel’s numbers...
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Recovery In The Offing With Inventory Building (TIF, HD, JPM)
Monday, April 12, 2010 - 1:45pm | 477According to a report by Bloomberg, in what is a positive sign for the economy, companies have now started restocking their shelves. This will boost economic growth and hopefully keep the recovery on track this year. On March 22, James Fernandez, the Chief Financial Officer of Tiffany (NYSE: TIF),...
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A Not-So-Hidden Gem: 3M
Thursday, April 8, 2010 - 2:40am | 528While it’s hard to classify any of the thirty Dow stocks as a “hidden gem,” 3M (MMM) might come close. Unlike our previously highlighted pick of the week, it doesn’t enjoy a lot of fanfare or advertising wars. 3M is virtually unknown compared to other Dow constituents. Unlike Coca-Cola (KO), Exxon...
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Homebuilder Stocks Have Had Quite A Run. Where Do They Go From Here?
Wednesday, April 7, 2010 - 1:31pm | 423As we all know, the homebuilder stocks lead the decline in the stock market fall of 2007 – 2008. These stocks actually topped out in late 2005, and have been in a bear market ever since. Companies such as Toll Brothers Inc. (NYSE: TOL) have rallied more than 40% off their 2009 lows. Meanwhile,...
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Home Depot (HD) Adding Jobs For The First Time In Four Years
Wednesday, April 7, 2010 - 3:05am | 250Bloomberg reports that the largest U.S. home-improvement retailer Home Depot Inc. (NYSE: HD) is adding store jobs for the first time in four years in anticipation of a rebound in sales. Chairman and Chief Executive Officer, Frank Blake, said in an interview yesterday, “We have already added to our...
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Brian Kelly Likes NWL And AWI
Tuesday, April 6, 2010 - 7:24pm | 253Brian Kelly said in an interview on CNBC's Fast Money Final Call that he likes Newell Rubbermaid Inc. (NYSE: NWL) and Armstrong World Industries, Inc. (NYSE: AWI). Brian Kelly thinks that Newell Rubbermaid Inc. (NWL) is in a good position to profit from a rising dollar. He especially likes the fact...
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Market Roundup (HD, AAPL, NOK, HPQ, KBH, NVR, PHM, HOT, RBS)
Tuesday, April 6, 2010 - 2:39pm | 317Home Depot (NYSE: HD) is ramping up for a recovery in sales by expanding the headcount in its stores for the first time in four years. Following better-than-anticipated sales in Q4, CEO Frank Blake said, "We are going to lean into our skis a little bit." According to analyst Ashok Kumar, companies...