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Westinghouse Solar Receives 4th U.S. Patent for Solar Installation Technology
Thursday, August 18, 2011 - 8:00am | 201Westinghouse Solar, Inc. (Nasdaq: WEST) today announced that the U.S. Patent and Trademark Office issued the company its fourth U.S. patent covering key aspects of its easy-to-install solar panels. The company currently has over 30 patents either issued or pending approval, including related...
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Benzinga's Top Downgrades
Thursday, August 18, 2011 - 7:41am | 121HCP Inc (NYSE: HCP) was downgraded by Robert W. Baird from "outperform" to "neutral." HCP's shares closed at $34.70 yesterday. HCP's trailing-twelve-month ROE is 5.88%. Goldman Sachs downgraded Goodyear Tire & Rubber Company (NYSE: GT) from “neutral” to “sell.” GT's stock closed at $13.34...
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UPDATE: Morgan Keegan Lowers PT on Bob Evans Farm to $33
Wednesday, August 17, 2011 - 9:27am | 71Morgan Keegan is out with its report today on Bob Evans Farm (NASDAQ: BOBE), lowering its PT to $33 from $34. In its report, Morgan Keegan writes, "Maintain Market Perform. While an increase in the dividend (+25%, ~3.2% yield) and share repurchase program provide downside support, continued weak...
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Wedbush Maintains Outperform on Jamba
Wednesday, August 17, 2011 - 9:11am | 117Wedbush is out with its report today on Jamba (NASDAQ: JMBA), maintaining Outperform. In its report, Wedbush writes, "Maintain OUTPERFORM rating and price target of $2.50. Given Jamba's rapidly improving SSS, expected rapid growth in franchise and licensing businesses, and strong brand name, we...
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Morgan Keegan Lowers PT On Bob Evans Farm To $33
Wednesday, August 17, 2011 - 8:36am | 29Morgan Keegan has lowered the price target on Bob Evans Farm (NASDAQ: BOBE) from $34 to $33 and maintains its Market Perform rating.
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AFC Enterprises Names Andrew G. Skehan COO, International
Wednesday, August 17, 2011 - 8:35am | 37AFC Enterprises, Inc. (NASDAQ: AFCE), the franchisor and operator of Popeyes restaurants, announced today that Andrew G. Skehan has been named Chief Operating Officer, International of its Popeyes brand.
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Piper Jaffray Reiterating Overweight On Einstein Noah Restaurant
Wednesday, August 17, 2011 - 7:47am | 138Piper Jaffray is reiterating its Overweight rating and $19 price target on shares of Einstein Noah Restaurant (NASDAQ: BAGL). In a note to clients, Piper Jaffray writes, "After recently hosting meetings with management, we are reiterating our positive outlook on Einstein Noah shares. We see...
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Earnings Scheduled For August 17
Wednesday, August 17, 2011 - 4:19am | 454Limited Brands Inc (NYSE: LTD) is expected to report its Q2 EPS at $0.46 on revenue of $2.44 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q2 EPS at $0.20 on revenue of $5.65 billion. Deere & Company (NYSE: DE) is estimated to report its FQ3 EPS at $1.67 on revenue of $7.50...
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Bob Evans Farms Bid Higher on Q1 Earnings Results
Tuesday, August 16, 2011 - 4:30pm | 185Shares of Bob Evans Farms (NASDAQ: BOBE) are bid higher in the after-hours following the release of the company's Q1 earnings results. Currently, shares are bid $31.21, at $31.96; they ended the regular session lower by 1.43%, at $31.12. Bob Evans Farms reported Q1 EPS of $0.59 on revenues of $...
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Why The "Markozy" Presser Was Disastrous
Tuesday, August 16, 2011 - 2:13pm | 675The much anticipated press conference between French president Nicolas Sarkozy and German Chancellor Angela Merkel was nothing short of a disaster earlier, and equity markets plunged as soon as they started opening their mouths. The two biggest points of the press conference were both seen as...
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McDonald's Announces President of McDonald's Europe to Resign
Tuesday, August 16, 2011 - 12:29pm | 122McDonald's Corporation (NYSE: MCD) Chief Executive Officer Jim Skinner today announced that Steve Easterbrook will resign as President of McDonald's Europe effective September 30, 2011. Easterbrook, 44, is joining the privately owned Gondola Group and will assume operational leadership of the...
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Options Brief: Red Robin Gourmet Burgers
Tuesday, August 16, 2011 - 11:52am | 88Shares of Red Robin Gourmet Burgers (NASDAQ: RRGB) are lower on the session by 3.17%, trading at $33.91. Overall call volume is now running at 2.74x the daily average, with 25% of all calls traded being purchases on the offer. 1,189 contracts have traded on the session so far. Red Robin Gourmet...
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Starbucks VIA Ready Brew Expansion Reaches All of Company's Asia Pacific Countries
Tuesday, August 16, 2011 - 6:52am | 87Starbucks Coffee Company (NASDAQ: SBUX) announced earlier today the expansion of Starbucks VIA® Ready Brew to six additional countries, bringing its availability to all Starbucks locations in Asia. This September, Starbucks stores in South Korea, Indonesia, Malaysia, Singapore, Thailand and...
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Earnings Scheduled For August 16
Tuesday, August 16, 2011 - 4:19am | 481TJX Companies Inc (The) (NYSE: TJX) is expected to report its Q2 EPS at $0.89 on revenue of $5.44 billion. Home Depot Inc (The) (NYSE: HD) is projected to report its Q2 EPS at $0.83 on revenue of $19.96 billion. Saks Incorporated (NYSE: SKS) is estimated to post a Q2 loss at $0.09 per share on...
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Mad Money Lightning Round: Cramer Likes Starbucks, BJ's Restaurants
Tuesday, August 16, 2011 - 4:16am | 244On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Caterpillar (NYSE: CAT) has “been a difficult stock to own but I think Caterpillar is dirt cheap. I refuse to throw in the towel and continue to own it." For Public Storage (NYSE: PSA), he said, "I like the real estate...