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Buyers Beware: Dividend Stocks Becoming a Crowded Trade
Monday, July 30, 2012 - 12:53pm | 1037By Ross Heart If you are currently investing in dividend stocks, have invested in them, or are considering them, you may also be aware that there exists a bit of an “it’s a no brainer to buy dividend stocks” consensus right now in the marketplace. Furthermore, it is very difficult to...
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UPDATE: McDonald's Q2 Net Income Down 4.5%
Monday, July 23, 2012 - 8:14am | 69McDonald's (NYSE: MCD) reported a 4.5% drop in its second-quarter net income. McDonald's quarterly earnings fell to $1.35 billion, or $1.32 per share, versus $1.41 billion, or $1.35 per share, in the year-ago period. Its revenue rose to $6.92 billion from $6.91 billion. However, analysts were...
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US Stock Futures Signal Lower Start On Wall Street
Monday, July 23, 2012 - 6:37am | 400US stock futures are lower this morning, after a strong decline in global stock markets. Futures for the Dow Jones Industrial Average tumbled 153 points to 12,620.00 and S&P 500 index futures fell 16.50 points to 1,341.70. Nasdaq 100 futures dropped 34.75 points to 2,578.50. US stocks closed...
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Earnings Scheduled For July 23
Monday, July 23, 2012 - 4:26am | 537McDonald's (NYSE: MCD) is expected to post its Q2 earnings at $1.38 per share on revenue of $6.94 billion. Texas Instruments (NYSE: TXN) is projected to post its Q2 EPS at $0.41 on revenue of $3.35 billion. Bank of Hawaii (NYSE: BOH) is estimated to report its Q2 earnings at $0.87 per share on...
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Stocks To Watch For July 23
Monday, July 23, 2012 - 4:17am | 178Some of the stocks that may grab investor focus today are: Wall Street expects Halliburton (NYSE: HAL) to report its Q2 earnings at $0.75 per share on revenue of $6.93 billion. Halliburton shares gained 0.81% to $31.02 in after-hours trading. Analysts are expecting McDonald's (NYSE: MCD) to have...
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JP Morgan Downgrades Dunkin Brands: How to Trade It
Tuesday, July 17, 2012 - 3:00pm | 452Analysts at JP Morgan (NYSE: JPM) downgraded shares of Dunkin' Brands (NASDAQ: DNKN) from Overweight to Neutral on Tuesday morning. In late trading, Dunkin shares were trading down around 2.40% to $34.50. The analysts wrote "After a period of restrictions, we are refreshing our view on DNKN shares...
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3 Stocks to Watch for the Euro 2012 Championship Match
Friday, June 29, 2012 - 2:24pm | 454As Italy and Spain deal with their respective financial crises, the citizens of these debt-laden nations will have something to cheer about. The two nations are set to meet in the championship match of the 2012 UEFA European Cup, the largest international soccer (or football) tournament in Europe....
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Ides of Friday for Discretionary ETFs?
Friday, June 29, 2012 - 8:35am | 716The final June reading of the University of Michigan Consumer Sentiment Index is due out this morning and even if it meets the consensus estimate of 74.4, that would be the lowest tally of 2012. The June number would also be about five points below the May reading. Potentially making matters worse...
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Bank of America Upgrades Jack in the Box; Who Else Could Benefit?
Friday, June 22, 2012 - 4:43pm | 472On Friday morning prior to the opening bell, analysts at Bank of America Merrill Lynch (NYSE: BAC) upgraded shares of Jack in the Box (NASDAQ: JACK) to Buy from Underperform. The firm also raised its price target on the stock from $21 to $32. During Friday's trading session, JACK shares have...
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McDonald's: Still a Happy Meal for Investors
Friday, June 22, 2012 - 1:24pm | 505By Oliver Pursche, Minyanville Ever since McDonald's (NYSE: MCD) stubbed its toe in April over a nuggets menu imbroglio, the stock has drifted steadily downward, hitting $87.64/share at this writing, a drop of nearly 13% from its high. Is it time to abandoned Mickey Ds? In a word, no. More...
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Burger King up 4% on the Second Day After Going Public
Thursday, June 21, 2012 - 2:27pm | 110Burger King Worldwide (NYSE: BKW) is trading higher on the second day of trading after returning to the NYSE, as a publicly traded company. Burger King was taken private by 3G Capital in 2010. The shares of Burger King opened for trading yesterday at $14.50 and closed 3.5% higher at $15.01. The...
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UPDATE: Goldman Sachs Downgrades McDonald's Corporation to Neutral on Too Many Headwinds
Wednesday, June 13, 2012 - 9:58am | 138Goldman Sachs lowers its rating on McDonald's Corporation (NYSE: MCD) from Buy to Neutral and reduces its price target from $100 to $92. Goldman Sachs says, "We lower our 2012-14 MCD EPS estimates to $5.55/$6.10/$6.75 (below consensus) and downgrade the shares to Neutral from Buy. While the...
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Premarket Stock Talk: Goldman Serves MCD Downgrade (JNJ, SMG, PM)
Wednesday, June 13, 2012 - 8:48am | 121Listen to today's Premarket Stock Talk here. Goldman Sachs is not hungry for McDonald's (NYSE: MCD) this morning, serving the stock a downgrade to Neutral. In other news, Jamie Dimon's booked for a J.P. Morgan (NYSE: JPM) Congress appearance today, and the guys discuss ex-dividend trading...
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Financial Breakfast: Morning News Summary for June 13, 2012
Wednesday, June 13, 2012 - 7:30am | 923Wednesday, June 13, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Philip Morris (NYSE: PM) Announces New Three-Year Share Repurchase Program of $18 Billion Yesterday, ScottsMiracle-Gro (NYSE:...
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Earnings Scheduled For June 13
Wednesday, June 13, 2012 - 6:21am | 166Spartech Corp (NYSE: SEH) is expected to post its Q2 EPS at $0.12 on revenue of $314.00 million. Vimicro International Corp (NASDAQ: VIMC) is estimated to post a Q1 loss at $0.10 per share on revenue of $11.50 million. Culp Inc (NYSE: CFI) is projected to post its Q4 earnings at $0.32 per share...