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Company News for March 3, 2010 - Corporate Summary
Wednesday, March 3, 2010 - 10:22am | 179• Costco (NASDAQ:COST) reported fiscal second quarter earnings of 70 cents a share, one cent below Zacks projections, revenues of $18.36 billion, which also missed Zacks estimates of $18.48 billion • Joy Global (NASDAQ:JOYG) reported better-than-expected earnings of 73 cents, versus Zacks estimates...
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Benzinga’s News Roundup (BJ, JOYG, NFLX, SGEN)
Wednesday, March 3, 2010 - 9:11am | 295BJ's Wholesale Club, Inc. (NYSE: BJ) reported today a fourth-quarter earnings of $55 million, $1.01 per share, from $52.7 million, or $0.91 per share, in the year-ago period. Analysts had expected BJ to report earnings of $0.95 per share. Sales increased to $2.8 billion from $2.6 billion for the...
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Asia Rises. We are being cautious and looking for a good entry point. $PCLN
Wednesday, March 3, 2010 - 8:37am | 756Asian markets were mostly higher over night. Japan's Nikkei 225 closed up 0.3% at 10,253.14 while Australia's S&P/ASX 200 ended 0.7% higher at 4,735.70 to mark its strongest closing level since Jan. 22. South Korea's Kospi Composite added 0.5%, Taiwan's main index tacked on 0.4% and the...
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2010 Fund Performance Period 2
Tuesday, March 2, 2010 - 5:40pm | 2896The mutual fund is now on schedule for a summer 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in...
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Janney Bullish On NutriSystem (NTRI)
Tuesday, March 2, 2010 - 2:54pm | 122Janney Capital Markets has reiterated its Buy rating on NutriSystem (NASDAQ: NTRI), based on key customer trends that have turned positive in 2010. NutriSystem seemed to have touched rock bottom in 4Q09, but new customer trends appear solid. Most of the change is being driven by their new product...
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Nutrisystems Inc. (NTRI) Shows Further Weakness On Charts
Tuesday, March 2, 2010 - 1:00pm | 120Despite posting Q4 earnings which managed to beat street expectations, Nutrisystems Inc. (NASDAQ: NTRI) plunged 12.6% by mid-day trading on Tuesday. Nutrisystems Inc. (NTRI), which started with a wide gap-down opening, could not recover till mid-day, continuing to shed gains on heavy profit booking...
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Monday's Hot Stocks: Charge Up Your Portfolio With Volterra
Tuesday, March 2, 2010 - 11:06am | 2280With the major indices starting off March with a bang Monday, there were plenty of stocks which traded higher on above average volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you...
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Benzinga’s Top Pre-Market Losers (NTRI, LTXC, SPLS, DNDN)
Tuesday, March 2, 2010 - 9:40am | 188NutriSystem Inc. (NASDAQ: NTRI) decreased 14.34% to $16.19 in the pre-market session. Nutrisystem reported yesterday a fourth quarter revenues of $106.2 million from $114.6 million in the previous year quarter. Analysts expected NTRI to report earnings of $0.13 per share on revenue of $102.17...
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Amazon (NasdaqGS: AMZN) Jumps Towards The 50MA .
Monday, March 1, 2010 - 6:20pm | 402Amazon.com, Inc. (NasdaqGS: AMZN) soared all day as it approached the daily 50 moving average. This level is at approximately $125.25 and should be short term resistance. The whole tech sector rallied today on the back of positive comments about the semiconductor sector. SanDisk Corporation (...
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Freescale’s New Chip Will Lower E-Readers’ Price Below $150
Monday, March 1, 2010 - 4:26pm | 116According to Bloomberg, Freescale Semiconductor Inc. says that a new chip developed by the company will help reduce the price of electronic book readers to less than $150 this year. Freescale products are used in about 90% of e-readers. The company will soon begin offering samples of the new...
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Asia Up : $WFMI gets an Upgrade $AMZN $RIMM $BIDU
Monday, March 1, 2010 - 8:49am | 688Waking this new month with Asian Markets closing higher. Hong Kong's Hang Seng Index advanced 2.2% to 21,056.93, China's Shanghai Composite added 1.2%, Australia's S&P/ASX 200 climbed 1.1%, Japan's Nikkei 225 added 0.5% and Taiwan's Taiex rose 1.9%. UBS has upgraded $WFMI from Sell to Neutral...
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Asia Up : $WFMI gets an Upgrade $AMZN $RIMM $BIDU
Monday, March 1, 2010 - 8:49am | 660Waking this new month with Asian Markets closing higher. Hong Kong's Hang Seng Index advanced 2.2% to 21,056.93, China's Shanghai Composite added 1.2%, Australia's S&P/ASX 200 climbed 1.1%, Japan's Nikkei 225 added 0.5% and Taiwan's Taiex rose 1.9%. UBS has upgraded $WFMI from Sell to Neutral...
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PETS To Meet Q4 Expectations
Friday, February 26, 2010 - 2:18pm | 139Analysts at Credit Suisse maintain their "outperform" rating on PetSmart Inc (NASDAQ: PETS). The target price for PETS is set to $29. PetSmart is scheduled to report its Q4 results on March 3. Leading indicators and channel checks indicate a good quarter for PETS, the analysts say. The analysts...
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U.S. Auto Parts Network (PRTS) Buy Rating Reiterated
Friday, February 26, 2010 - 11:22am | 171Craig-Hallum analysts Mitchell Bartlett and George Kelly reiterated their Buy rating and price target of $8 for shares of U.S. Auto Parts Network, Inc. (Nasdaq: PRTS). The analysts said that U.S. Auto Parts Network had a stronger quarter in a difficult operating environment. Bartlett and Kelly...
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Mad Money Lightning Round: Jim Says AVAV, UIS, KIRK Not Hot Any More
Thursday, February 25, 2010 - 1:16pm | 333In his "Mad Money Lightning Round," Jim Cramer said that Annaly Mortgage (NYSE: NLY) is good until the Fed starts raising rates too quickly, which is not going to happen. NLY has lost 0.11%. Jim said that JPMorgan Chase (NYSE: JPM) has the best balance sheet and dividend in the industry. He...