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Stock Market News for February 2, 2010 - Market News
Tuesday, February 2, 2010 - 9:26am | 503Read More...Stocks started a new month on a solid footing as encouraging economic data and a strong earnings report from Exxon Mobil bolstered investors’ appetite for riskier assets. Although Friday’s impressive GDP report had given some boost to wavering sentiments, it failed to stem the sell-off as...
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Earnings Round up Of Companies Reporting Before The Bell (ADM, DOW, DHI, EMR, ETR, HSY, LKX, MRO, UPS, WHR)
Tuesday, February 2, 2010 - 6:34am | 322Read More...Archer-Daniels-Midland (NYSE: ADM): The food production company is expected to report earnings of $0.72 a share on revenues of $16.54 billion. This reflects a year-over-year fall in both earnings and revenues. Dow Chemical (NYSE: DOW): Analysts expect the chemical company to post earnings of $0.11...
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Top 5 Stocks for February 2, 2010 (UPS, WHR, PBG, KFT, HSY)
Tuesday, February 2, 2010 - 6:30am | 224Read More...Some stocks that might make a wave in the market today are: United Parcel Service (NYSE: UPS), which is scheduled for a results announcement before the market opens, is likely to report earnings of $0.73 per share for the latest quarter. UPS has a 52-week trading range of $37.99-$63.38 and its...
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Stocks That Created New 52-Week Highs (BBNK, CACC, KTCC, LCUT, SANM)
Wednesday, January 27, 2010 - 2:35pm | 307Read More...Bridge Capital Holdings (NASDAQ: BBNK) shares created a new 52-week high of $7.48, before falling to $7.46, reflecting a 0.13% increase. BBNK is scheduled to post results tomorrow. Read more about this company here. Credit Acceptance Corporation (NASDAQ: CACC) shares jumped 5.60% to create a new...
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SWK Offers Revenue Guidance For FY10
Wednesday, January 27, 2010 - 7:54am | 27Read More...Stanley Works (NYSE: SWK) has forecasted 2%-4% growth in revenues for FY10. SWK’s shares dropped 0.95% to close at $53.31.
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SWK Estimates Raised
Tuesday, January 26, 2010 - 2:18pm | 157Read More...Analysts at Raymond James reiterate their “strong buy” rating on The Stanley Works (NYSE: SWK), while raising their estimates for the company. The price target for SWK is set to $60. Stanley Works is scheduled to report its results tomorrow. The Black & Decker deal is not expected to be...
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Helen of Troy Limited (NASDAQ: HELE) Climbs After Results
Monday, January 11, 2010 - 9:30am | 110Read More...Helen of Troy Limited (NASDAQ: HELE) today reported third quarter net sales of $189.4 million as compared to $185.6 million in the year ago period. Helen of Troy earned $24.7 million, or $0.80 per share, from $15.1 million, or $0.48 per share, from the same quarter last year. Analysts polled by...
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Cramer Likes WHR And JAH
Friday, January 8, 2010 - 6:49pm | 128Read More...CNBC's Mad Money Jim Cramer sees an appliance rally and has his favorites in the space. Whirlpool Corporation (NYSE: WHR) is a big appliance maker and is one of the names that Cramer likes. Mad Money host also likes Jarden Corporation (NYSE: JAH) and thinks that it is going up. Jarden (JAH) sells...
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Benzinga’s Volume Movers (FINL, WRLD, CAAS, CAGC, HELE)
Wednesday, December 23, 2009 - 1:42pm | 222Read More...Some of the stocks that saw extraordinary trading this morning are: The Finish Line Inc (NASDAQ: FINL) shares jumped 8% to $10.80 after the company swung to profits in Q3. The volume of FINL shares traded was 259% higher than normal. World Acceptance Corporation (NASDAQ: WRLD) shares moved up 1.95...
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Modest Outlook On Building Products
Thursday, December 17, 2009 - 12:54pm | 315Read More...JPMorgan (NYSE: JPM) expects a positive but modest top-line growth for building products in 2010. The existing home sales should see a single digit growth to 6.25 million owing to the value-conscious, tentative customers and a challenging economic backdrop. This, in turn, is expected to translate...
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Fast Money Picks For Wednesday (GD, CVC, CBS, WHR)
Tuesday, December 1, 2009 - 7:01pm | 125Read More...CNBC's Fast Money Joe Terranova wants to buy General Dynamics (NYSE: GD). He is encouraged by the speech Obama made on Afganistan. General Dynamics (GD) gained 1.88% and closed at $67.14. Guy Adami would buy Cablevision Systems Corporation (NYSE: CVC) as he believes they might become a takeover...
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Cramer Sees Whirlpool (WHR) At $90
Tuesday, November 24, 2009 - 7:44am | 142Read More...CNBC's Mad Money Jim Cramer believes that Whirlpool Corporation (NYSE: WHR) is a strong buy. He is encouraged by the Monday's existing home sales report, and thinks that stocks related to housing will go up. Jim Cramer dismissed the bearish claims that the market will soon become overflowed by...
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Stanley Works (SWK) Updates Guidance Related To Black & Decker Merger
Thursday, November 5, 2009 - 4:15pm | 72Read More...Stanley Works (NYSE: SWK) updates guidance related to Black & Decker (NYSE: BDK) merger after taking a charge. Stanley Works is revising its previous full year 2009 earnings per share guidance of $2.84-$2.94 per share to $2.61-$2.71 per share versus Street view of $2.58. Management continues to...
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Warren Buffet's Berkshire Hathaway (BRK.A) to Acquire Burlington Northern (BNI) ; Split B (BRK.B) Shares 50 to 1
Tuesday, November 3, 2009 - 8:17am | 1064Read More...A couple of interesting acquisitions in the past 24 hours; late yesterday a bid for Black & Decker (BDK) by Stanley Works (SWK) - apparently finalizing a 28 year courtship! Stanley agreed to buy Black & Decker for about $3.5 billion in an all-stock transaction, creating a global tool...
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An ETF For M&A's Rebound
Monday, November 2, 2009 - 6:42pm | 217Read More...There was some decent M&A activity today with Denbury Resources' (NYSE: DNR) $3.2 billion purchase of Encore Acquisition (NYSE: EAC) announced before the bell and Stanley Works' (NYSE: SWK) $4.5 billion buy of Black & Decker (NYSE: BDK) announced after the close. Throw in CF Industries (...
