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Rent-A-Center, Inc. (RCII) Maintains Buy Rating; Price Target Raised
Wednesday, March 24, 2010 - 11:11am | 109Analysts John A. Baugh and Stanley S. Elliott at Stifel Nicolaus have released an update on Rent-A-Center, Inc (NASDAQ: RCII). Analysts believe that the company’s traffic remains up on a year-over-year basis, continuing a trend seen over the last 6-7 months. Analysts have raised their price target...
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Volume Talks Monday: A Sirius Reversal
Tuesday, March 23, 2010 - 8:39am | 2912As the market traded higher across the board Monday on lighter volume, there were many stocks which traded higher/lower on above average volume. Today's breakout report is for Monday March 22, 2010. If this is your first time reading one of my breakout reports you'll want to read the section...
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Williams-Sonoma, Inc.’s (WSM) Fourth-Quarter Profit Beats Estimates
Monday, March 22, 2010 - 3:03pm | 265Williams-Sonoma, Inc. (NYSE: WSM), a specialty retailer of products for the home, reported its fourth-quarter results on Monday. The company posted better-than-expected profit and also forecasted solid results for the current fiscal year on expectations of an improvement in consumer spending....
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Williams-Sonoma Blows Away Wall Street Estimates (WSM)
Monday, March 22, 2010 - 12:15pm | 138Kitchen products retailer, Williams-Sonoma (NYSE: WSM) reported their quarterly earnings figures prior to the opening bell this morning. The company's Q4 net earnings climbed to $88.42 million or $0.81 per share compared to $12.19 million or $0.12 per share in last year's fourth quarter. Williams-...
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Company News for March 22, 2010 - Corporate Summary
Monday, March 22, 2010 - 9:02am | 202• AIG (NYSE: AIG) former CEO Greenberg reached a deal with UBS (NYSE: UBS) to sell most of his shares in AIG, an estimated 10 million shares, for $278.2 million • Kimberly-Clark (NYSE: KMB) said it continues to see full-year earnings of $4.80-$5.00 • FBR raised its rating on Waddell & Reed (...
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Stock Market News for March 22, 2010 - Market News
Monday, March 22, 2010 - 9:02am | 480Greece’s debt quagmire and failure on part of the European Union nations to reach a consensus to bail out Greece had stocks under pressure Friday and a retreat in energy shares stopped the Dow average from replicating a feat it last achieved in 1996. Weak energy shares, weighed down by a sharp...
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Benzinga’s Top Pre-Market Gainers (SONS, NOVL, WSM, LGF, GENT)
Monday, March 22, 2010 - 7:13am | 281Sonus Networks, Inc. (NASDAQ: SONS) increased 7.42% to $2.75 in the pre-market session. SONS made a new 52-week high at $2.68 in the last trading session. In the last six months, SONS has gained over 26%. Novell, Inc. (NASDAQ: NOVL) climbed 4.96% to $5.92 in the pre-market session. Novell Inc on...
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Top 5 Stocks For March 22, 2010 (PVH, TIF, WSM, PALM, C)
Monday, March 22, 2010 - 6:09am | 240While there is a dearth of economic reports today, numerous earnings releases by top companies may add a bit of flavor to the day. Here are the top five stocks that may steal the thunder: Wall Street expects Phillips-Van Heusen Corporation (NYSE: PVH) to post its EPS at $0.59 for the latest quarter...
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Stern Agee Initiates Bed Bath & Beyond (BBBY) With Neutral Rating
Friday, March 19, 2010 - 9:24am | 209Stern Agee analyst Jennifer Milan initiated coverage of Bed Bath & Beyond Inc. (Nasdaq: BBBY) with a Neutral rating. Milan observed that with 1,083 stores Bed Bath & Beyond Inc. is the largest pure-play investment for a home furnishings retailer and has an estimated 15% share of the $49...
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Benzinga’s Top Upgrades (ENTR, LGF, RAX, KNXA, KIRK)
Monday, March 15, 2010 - 2:03pm | 247Entropic Communications Inc (NASDAQ: ENTR) was upgraded by Barclays Capital from “equal weight” to “overweight.” ENTR’s shares gained 3.85% to $4.58. ENTR’s shares have risen 43.65% so far this year. Read more about this company here. Wunderlich upgraded Lions Gate Entertainment Corp (NYSE: LGF)...
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Jim Cramer's Thoughts On ADCT, AEM, SCSS, LEG, IVN, UAUA
Friday, March 12, 2010 - 7:58pm | 253Jim Cramer said on CNBC's Mad Money that ADC Telecommunications (NASDAQ: ADCT) is a buy. ADCT fell 1.91% today to $7.20, but Cramer thinks that investors should stay long because this company has a lot of cash and a good business. Agnico-Eagle Mines Limited (NYSE: AEM) should not be bought at this...
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Kirkland (KIRK) Shares Rise On Higher Q4 Profit
Friday, March 12, 2010 - 4:02pm | 85Kirkland Inc. (NASDAQ: KIRK) reported a Q4 profit of $22.1 million ($1.08 a share) compared with $15.0 million (76 cents a share), a year earlier. Adjusted Q4 profit was 92 cents per share. Sales rose 7% to $142.8 million and same-store sales increased 10.2%. The home accessories retailer, which...
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Top-Performing Narrow Based Indexes For March 12, 2010 (KIRK, IPI, GRO)
Friday, March 12, 2010 - 2:17pm | 223The market has shown mixed reactions so far. While the Dow Jones Industrial Average has added 3.10 points to trade at 10,614.94, Nasdaq lost 1.52 to 2,366.94. Some narrow based indexes, however, are posting gains. These include the Home Furnishing Retailer Stocks, which have gained 3.7%,...
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Benzinga’s Volume Movers (ROVI, CVVT, KIRK, CTRN, ULTA)
Friday, March 12, 2010 - 2:03pm | 282Rovi Corporation (NASDAQ: ROVI) shares moved up 2.00% to $37.74. The volume of ROVI shares traded was 1021% higher than normal. ROVI has priced $400 million aggregate principal amount of 2.625% convertible senior notes due 2040. Read more about this company here. China Valves Technology Inc (...
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Benzinga’s Top Pre-Market Gainers (YONG, RFMD, KIRK, CAGC, EXEL)
Friday, March 12, 2010 - 8:28am | 279Yongye International, Inc. (NASDAQ: YONG) increased 5.49% to $9.03 in the pre-market session. Yongye International announced today that its operating entity in China, Yongye Nongfeng Biotechnology, signed a preliminary agreement with a local supplier of humic acid to purchase an undeveloped lignite...