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Can The Market Scratch Out A Positive Day?
Wednesday, August 25, 2010 - 3:41pm | 324Today the major stock market indexes have caught a light volume bid higher off the lows of the day. Many stocks have been crushed since the August 10th high in the major stock indexes. The S&P 500 Index at that time was trading as high as 1129.00 and today made a low around 1039.00. In just two...
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New Generation Kindles Are the Fastest-Selling Kindles on Amazon (AMZN)
Wednesday, August 25, 2010 - 9:21am | 74Amazon.com (NASDAQ: AMZN) today announced that more new generation Kindles were ordered in the first four weeks of availability than in the same timeframe following any other Kindle launch, making the new Kindles the fastest-selling ever. "Kindle is the best-selling product on Amazon.com for two...
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The Benchmark Company Reiterates Sell on Blue Nile (NILE)
Wednesday, August 25, 2010 - 9:11am | 206The Benchmark Company is out with a research report this morning, where it reiterates its Sell rating on Blue Nile Inc. (NASDAQ: NILE); it has a $30.00 price target on the stock. The Benchmark analysts said that they believe NILE will experience minimal revenue and profit growth due to impaired...
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Piper Jaffray’s European Travel Update (EXPE, OWW, PCLN)
Tuesday, August 24, 2010 - 8:57am | 165Piper Jaffray is out with a research report this morning, where it takes a look at the recent revPAR data in Europe and what it means for a few U.S. equities. The PJ analysts noted that the pace of RevPAR improvement among European hotels was steady (vs. June) at +14% year or year in July despite...
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Rumor: Private Equity Firm Eyeing NTRI
Monday, August 23, 2010 - 2:46pm | 68There is unconfirmed chatter among traders on Wall Street that an unknown private equity firm is looking to acquire NutriSystem, Inc. (NASDAQ: NTRI). The rumored price of the acquisition is $27 per share. NTRI is currently trading around $18.40 as of 2:46PM. You Can't Afford Miss To Out On These...
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What is the Most Expensive Investing Book?
Sunday, August 22, 2010 - 4:00pm | 222The most expensive investing and stock trading book is Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor, which you can pick up a new copy of on Amazon (AMZN) for $1,749.00. The book was written by Seth Klarman, the successful founder and president of the Baupost...
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1-800 Flowers Wilts: Brean Murray Has Hold Rating As Company Misses Earnings (FLWS)
Friday, August 20, 2010 - 10:11am | 200Brean Murray Carret & Co. has a Hold rating on shares of 1-800 Flowers.Com, Inc. (NASDAQ: FLWS) after the company reported an earnings miss. In the research report, Brean Murray Carret & Co. writes, "We are reiterating our Hold rating, lowering our FY11 EPS and rolling out our FY12 EPS...
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Company News for August 20, 2010 - Corporate Summary
Friday, August 20, 2010 - 9:37am | 933• JM Smucker (NYSE: SJM) reported better-than-expected fiscal first quarter earnings of $1.04 up from estimates of 96 cents, as revenues slightly missed projections at $1.05 billion off estimates of $1.07 billion • Goldman Sachs (NYSE: GS) raised Republic Services (NYSE: RSG) to "buy" from "neutral...
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Top Performing Industries For August 19 (MFE, NTES, NFLX, CAJ)
Thursday, August 19, 2010 - 11:45am | 240At 11:11 am, the Dow lost 1.41% to 10,268.52, the broader Standard & Poor's 500 index moved down 1.54% to 1,077.35 and the NASDAQ composite index fell 1.43% to 2,183.91. The industries that are still afloat in the market today are: Security Software & Services: This industry jumped 11.19%...
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Zacks Bull and Bear of the Day Highlights:Fomento Economico Mexicano, PetMed Express, Chevron, Royal Dutch Shell Plc and NCR - Press Releases
Wednesday, August 18, 2010 - 4:13pm | 1564For Immediate Release Chicago, IL –August 17, 2010 – Zacks Equity Research highlights: Fomento Economico Mexicano (FMX) as the Bull of the Day and PetMed Express, Inc. (PETS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Chevron Corp. (CVX), Royal Dutch Shell Plc (...
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Run In Netflix Takes A Breather On Downgrade (NFLX)
Wednesday, August 18, 2010 - 3:53pm | 110Netflix (NASDAQ: NFLX) has been extremely volatile over the last month. The stock fell below $100 in the days after a disappointing earnings report on July 21, but then rallied to over $140 by August 17th accompanied by very big volume. It looks like the move in NFLX has petered out for the time...
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2010 Fund Performance Period 8
Wednesday, August 18, 2010 - 3:35pm | 4979If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. Conditional launch date should be late October to mid November 2010. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked...
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Bookkeeping: Buying Back Netflix (NFLX) Exposure I Sold Yesterday
Wednesday, August 18, 2010 - 2:44pm | 869Every so often I want to pat myself on the back since I'm my harshest judge - I'll do it in the case of this trade on Netflix (NFLX). Yesterday morning as the stock detached from the stratosphere and was nowhere near any of its moving averages, I dumped almost all Netflix we had left in the...
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Late Market Roundup (NFLX, CNX, EOG, RRC, SII, SLB, CTRN)
Wednesday, August 18, 2010 - 1:20pm | 238Shares of Netflix Inc (NASDAQ: NFLX) are trading down after analysts at Morgan Keegan downgraded the company from “perform” to “underperform.” The company’s share price has doubled since February after the online DVD rental provider's streaming service showed strong results. NFLX’s shares have lost...
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Company News for August 18, 2010 - Corporate Summary
Wednesday, August 18, 2010 - 10:23am | 553• Privately-held Reynolds Group announced plans to acquire hefty-bag maker, Pactiv (NYSE: PTV), for $6 billion, or $33.25 per share • Deere (NYSE: DE) reported better-than-expected sales and earnings for fiscal third quarter. Earnings of $1.44 beat estimates of $1.24 on revenues of $6.84 billion,...