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Cramer Warns Investors Not To Lock Funds In TSLA For Long
Tuesday, June 29, 2010 - 11:06am | 244In his Stop Trading! on Monday, Cramer repeated his advice that traders should invest into the public offering of Tesla Motors (NASDAQ: TSLA), but refrain from locking their funds in the stock for a long time. Cramer said, “You want to get some on the deal and then get out. I think it’s going to...
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Improvement Required In Home Improvement; Barron’s (LOW, LL, PIR)
Monday, June 28, 2010 - 8:35am | 255Home improvement stocks along with the retail sector have been losing ground lately and are expected to continue losing in the coming weeks, moving opposite to the Dow Jones Industrial Average, which has been considerably up from its early June low. According to Barron’s, Lowes’ (NYSE: LOW) stock...
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June 28, 2010: 11 Service Sector Micro-Cap Growth Ideas
Sunday, June 27, 2010 - 6:09pm | 378Investors regularly need fresh ideas to explore. I ran a screen on micro-cap stocks with company values in the $100-300m range within the service sector. These stocks beat the S&P 500 average by 20% or more over the past 52 weeks. All stocks were rated a SmartConsensus Buy. The list should be...
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Reform Bill Pushes Financials Higher 06-25-2010
Friday, June 25, 2010 - 5:30pm | 752Cusick’s Corner The economic data that came out today was once again mixed and the market traded sideways for much of the day. The Financials led the market – there was a feeling of relief that the Financial Reform Bill process might be over and we can move on to other issues. Market participants...
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Bed Bath & Beyond Shows Signs Of Weakness; Barron’s (BBBY)
Friday, June 25, 2010 - 2:44pm | 113Investors are going cold on Bed Bath & Beyond shares (NASDAQ: BBBY). The company announced impressive quarterly results on Wednesday. However, it gave very conservative guidance, which disappointed the markets and investors. It earned $137.6 million during the first quarter which translates to...
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Stock Market News for June 25, 2010 - Market News
Friday, June 25, 2010 - 8:36am | 416Fears about the financial reform regulation and dour outlook from retailers sent stocks into a tailspin Thursday. With unemployment still at a record high and consumer spending still wishy-washy, retailer’s weak forecasts were reflective of concerns that still weigh on the economy. A couple of...
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Markets Tumble Again, S&P Down For Fourth Day (SPX, DJI, PFE, JPM, BAC, BBBY, NKE)
Thursday, June 24, 2010 - 4:16pm | 197Equities slid once again on growing concerns that the economic recovery may be in trouble. Disappointing earnings dragged down consumer-related stocks and Pfizer (NYSE: PFE) led the Dow (DJI) down triple digits after saying it would suspend osteoarthritis trials of its pain drug tanezumab. The S...
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Shorts In Control 06-24-2010
Thursday, June 24, 2010 - 2:57pm | 769Cusick’s Corner The shorts continue to be in control into the Midday and now entering into the After Hours. The economic news this morning just showed that while things are not on a vertical trajectory, there is some life in the consumer and business. Not enough for the market to take off to the...
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Retail Stocks Remained The Biggest Sector Decliner Today, Led By BBBY And NKE
Thursday, June 24, 2010 - 1:25pm | 265The US retail sector dropped the most in the broader markets today, led by the lower-than-expected Q2 earnings guidance from Union, New Jersey-based Bed, Bath & Beyond (NASDAQ: BBBY). Warnings about enhanced cost pressures from Nike Inc (NYSE: NKE) also weighed on the sector. Shares of BBBY...
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More Retail Carnage (NKE, BBBY, ANF, ANN, JCG, JOSB)
Thursday, June 24, 2010 - 10:36am | 268I've been watching the retail sector closely today following lackluster earnings reports from Nike (NYSE: NKE) and Bed, Bath & Beyond (NASDAQ: BBBY). Not surprisingly, many retailers are not faring well. Abercrombie & Fitch (NYSE: ANF) is down $1.10, or 3.37%, to $31.55. AnnTaylor (NYSE:...
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Retail Getting Slammed (RTH, XRT, BBBY, NKE)
Thursday, June 24, 2010 - 9:36am | 125Retail is getting hit today on the back of poor earnings from some big names in the sector. The Retail HOLDRS Trust (NYSE: RTH) is down 1.63% while the SPDR S&P Retail ETF (NYSE: XRT) is down 1.84%. Yesterday Bed, Bath & Beyond (NASDAQ: BBBY) gave a disappointing outlook while Nike (NYSE:...
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Company News for June 24, 2010 - Corporate Summary
Thursday, June 24, 2010 - 9:14am | 446• Bed Bath & Beyond (NASDAQ: BBBY) reported earnings of 52 cents a share, up from Zacks estimates of 48 cents on revenues of $1.92 billion, versus Zacks projections of $1.89 billion • Nike (NYSE: NKE) fiscal fourth quarter earnings came in at $1.06, in-line with Zacks estimates on inline...
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10 Stocks to Buy for Earnings Season
Thursday, June 24, 2010 - 8:56am | 248NEW YORK (TheStreet) -- Each earnings season I get awfully excited. As a growth investor, my simple trading strategies place a huge priority on sales, earnings and other quarterly numbers. That means earnings season is "where's the beef" time for stocks and the best opportunity to identify the best...
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A Peek Into The Market At The Start Of The Trading
Thursday, June 24, 2010 - 8:36am | 470Pre-open US stock futures fell today on investor concerns regarding jobless claims and the durable-goods data. While futures on the Dow Jones Industrial Average slipped 56 points to 10183, those on the S&P 500 lost 5.5 points to 1081.9. Meanwhile, Nasdaq 100 futures declined 14.75 points to...
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Benzinga’s Top Pre-Market Losers (ARGN, BBBY, PTNR, ERIC)
Thursday, June 24, 2010 - 8:05am | 152Amerigon Incorporated (NASDAQ: ARGN) dipped 14.88% to $5.95 in the pre-market session. ARGN has the highest sales growth in the Auto Parts and Equipment Industry. Bed Bath & Beyond Inc (NASDAQ: BBBY) lost 5.21% to $39.30 in the pre-market session. Although BBBY posted a rise in its Q1 earnings...