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Scholastic Reports 2011 First Quarter Results: Loss per Share $.95
Thursday, September 23, 2010 - 6:48am | 86Scholastic Corporation (Nasdaq: SCHL) earlier today reported results for the fiscal 2011 first quarter ended August 31, 2010. Revenue in the fiscal 2011 first quarter was $290.9 million versus $315.6 million in the prior year period. Net loss per share from continuing operations for the quarter...
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Earnings Scheduled For September 23 (NKE, MTN, TIBX, TXI, CMTL, SPEC, FINL, SCHL, NEOG, SABA, PKE, RAD)
Thursday, September 23, 2010 - 4:03am | 273Nike Inc (NYSE: NKE) may report its Q1 earnings of $1.01 per share. Vail Resorts (NYSE: MTN) is expected report a Q4 loss of $1.09 per share. Tibco Software Inc (NASDAQ: TIBX) is projected to report its Q3 earnings of $0.15 per share. Texas Industries Inc (NYSE: TXI) is likely to post a Q1 loss...
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Scholastic Corporation Announces Second Quarter Dividend of $.075
Wednesday, September 22, 2010 - 12:03pm | 59Scholastic Corporation (Nasdaq: SCHL) announced that its Board of Directors today declared a quarterly cash dividend of $0.075 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2011. The dividend is payable on December 15, 2010 to shareholders of record as of...
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SPX Held Key Support 1139 09-21-2010
Tuesday, September 21, 2010 - 5:38pm | 775Cusick's Corner The market finished the day basically where it started and the Fed did nothing to spook it, as they did with their surprise quantitative easing in August. While they have still left that on the table (could explain the pullback), the SPX held key support of 1139, keeping the rally...
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Waiting on the Fed 09-21-2010
Tuesday, September 21, 2010 - 2:05pm | 811Cusick's Corner While I am waiting for the Fed, there is one macroeconomic issue and one short-term technical level that I am watching into today's announcement. The macro issue is that China's key stock index .SSEC, has been completely divergent to any move in the S&Ps. If China continues to...
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What's Hot on TheStreet
Tuesday, September 21, 2010 - 10:55am | 289Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet U.S. Faces $6.6 Trillion Retirement Gap There's a $6.6 trillion gap between the pensions and retirement savings of U.S. households and what they should have to maintain their living standards in retirement -- and...
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Capital IQ Acquires TheMarkets.com For $300M
Tuesday, September 21, 2010 - 12:47am | 226Capital IQ, a provider of market analytics to investment banks and private equity firms, will pay $300 million to acquire rival TheMarkets.com. TheMarkets.com, founded in 2000, is a joint venture of several Wall Street banks including Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) as a way...
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S&P Downgrades Washington Post (WPO) From Buy to Hold – Just in Time for Bounce-back
Monday, September 20, 2010 - 10:58am | 208S&P downgraded Washington Post (NYSE: WPO) from Buy to Hold, Friday. The downgrade comes a little late as the stock has fallen from 541 in April and is trading up 2.24% to around 375. today. The stock fall is related to Washington Post's Kaplan division which is under scrutiny by the federal...
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Benchmark Co Initiates JRN With Hold
Monday, September 20, 2010 - 5:40am | 52Analysts at Benchmark Co initiate coverage of Journal Communications Inc (NYSE: JRN) with a "hold" rating. The target price for JRN is set to $4. JRN's shares fell 0.48% to close at $4.16 on Friday. More Analyst Ratings here
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Bears Printing Profits in Gannett (GCI)
Friday, September 17, 2010 - 9:58am | 183Shares of Gannett Co., Inc. (NYSE: GCI) are lower on the session by 1.65%, currently trading at $13.08. The stock has been moving largely lower over the past six months; first support is $12.00, then $10.00. Options traders are buying puts on the name today, betting that GCI's slide continues. A...
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U.S. House May Use 'a Stick' to Nudge China on Yuan
Friday, September 17, 2010 - 9:09am | 120In upcoming talks with China, the United States will try for what seems like the 1,000th time to encourage China to let its currency, the yuan, appreciate quicker, even as a growing list of sponsors add their name to a U.S. House bill, The New York Times (NYSE: NYT) reported, that would require the...
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IBM Acquires OpenPages - Analyst Blog
Thursday, September 16, 2010 - 4:39pm | 1299International Business Machines Corp. (IBM) continued its acquisition spree, with the latest candidate being privately held software company OpenPages. Terms of the deal were not disclosed. Based in Waltham, Massachusetts, OpenPages develops risk and compliance management software. According to...
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Consortium of Suitors Targeting POT - Analyst Blog
Thursday, September 16, 2010 - 4:06pm | 2376News is rife that Potash Corporation of Saskatchewan (POT) is backing a group of investors to thwart the mining giant BHP Billiton's (BHP) $38.6 billion taker over proposal. A Chinese major is suspected to contribute largely to the consortium with a lesser contribution coming from international...
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Thomson Reuters Announces C$750 Million Offering
Thursday, September 16, 2010 - 3:06pm | 90Thomson Reuters (NYSE: TRI) today announced it has entered into an agency agreement with a syndicate of Canadian investment dealers for a public offering in Canada of C$750 million (approximately US$730 million) principal amount of 4.35% notes due 2020. The offering is expected to close on...
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Maria Bartiromo to Write Column for USA TODAY
Thursday, September 16, 2010 - 9:31am | 113USA TODAY has announced that beginning Monday, September 20, CNBC anchor Maria Bartiromo will write a monthly interview column for the newspaper and USATODAY.com. Her column will provide readers with an up-close look at top leaders in today's business world. Bartiromo is one of the nation's best-...