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NASDAQ Stocks Hitting 52-Week Highs
Thursday, July 14, 2011 - 10:18am | 132Shire plc (NASDAQ: SHPGY) shares rose 1.41% to create a new 52-week high of $100.52. SHPGY's trailing-twelve-month ROE is 26.25%. Infinity Pharmaceuticals Inc (NASDAQ: INFI) shares gained 0.56% to create a new 52-week high of $9.05. INFI had $90.52 million in total cash and no debt for the latest...
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Market Update
Thursday, July 14, 2011 - 9:34am | 148Shares of Electronic Arts Inc (NASDAQ: ERTS) dropped about 2.3% after the company announced its plans to offer $550 million of Convertible Senior Notes due 2016 in a private placement. Shares of Yum! Brands Inc (NYSE: YUM) gained about 3% after the company reported a 10% rise in its second-quarter...
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Morgan Stanley Comments On "As Expected" 2Q Results For Yum!
Thursday, July 14, 2011 - 8:37am | 135According to Morgan Stanley, Yum! Brands (NYSE: YUM) 2Q results played out as expected, but in extremes — China's comps — +18% — were far better than even bullish prognostications, while the US was worse as profits declined 28% on a 4% SSS decline. Morgan Stanley said that on balance, this quarter...
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Benzinga's Top Pre-Market Gainers
Thursday, July 14, 2011 - 8:23am | 116ConocoPhillips (NYSE: COP) shares advanced 10.35% to $82.10 in the pre-market session. COP announced its plans to split off its refining unit into a separate, publicly-traded company. Yum! Brands Inc (NYSE: YUM) shares advanced 2.66% to $57.06 in the pre-market session. YUM reported a 10% rise in...
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JP Morgan Reiterates Overweight on Yum Brands, Raises PT to $61
Thursday, July 14, 2011 - 7:30am | 61JP Morgan reiterated its Overweight rating on Yum Brands (NYSE: YUM). At the same time, the rating agency raised its price target on the company's stock from $56 to $61. On Wednesday, YUM added 1.09% to its value to end the day at $55.58. Its shares continued to climb in today's pre-market trading...
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US Stock Futures Mixed; JP Morgan Results In Focus
Thursday, July 14, 2011 - 6:53am | 397US stock futures are mixed this morning, as investors are awaiting quarterly results from JP Morgan Chase & Co (NYSE: JPM). Futures on the Dow Jones Industrial Average dropped 12 points to 12,413.00 and futures on the S&P 500 stock index fell 1.40 points to 1,310.80. Nasdaq 100 futures...
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JP Morgan Raises PT On Yum Brands To $61
Thursday, July 14, 2011 - 6:23am | 27JP Morgan has raised the price target on Yum Brands (NYSE: YUM) from $56 to $61 and maintains its Overweight rating.
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Stocks to Watch for Thursday 7/14/2011: Fresh 52 Week Highs and Lows
Thursday, July 14, 2011 - 2:29am | 1820Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to lowest): 1) SPDR Gold Shares (NYSE: GLD):...
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Mad Money Lightning Round: Cramer Likes Southern Company
Thursday, July 14, 2011 - 2:21am | 279On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Quest Diagnostics (NYSE: DGX) has “done nothing recently but it's starting to more up." For Southern Company (NYSE: SO), he said, "I feel so good about that stock. That's the kind of stock you want to own as part of a...
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Stocks To Watch For July 14
Thursday, July 14, 2011 - 1:54am | 293Some of the stocks that may grab investor focus today are: Wall Street expects JP Morgan Chase & Co (NYSE: JPM) to report its Q2 EPS at $1.21 on revenue of $25.13 billion. JPM shares gained 0.20% to $39.70 in after-hours trading. Marriott International (NYSE: MAR) reported a 13% rise in its...
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Yum Brands Earnings: Strong Quarter Reveals Accelerating Growth
Wednesday, July 13, 2011 - 6:36pm | 331YUM! Brands (NYSE: YUM) announced its results for the most recent quarter on July 13, 2011. Let's take a closer look at the numbers and see what steps you can take. The Big Numbers: The company reported EPS of adjusted net income of 65 cents/share versus the 64 cents/share estimate and revenues...
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Yum! Brands Jumping On Strong Earnings, Outlook
Wednesday, July 13, 2011 - 4:24pm | 338Yum! Brands (NYSE: YUM) shares are soaring in after-hours trading after the company reported better than expected earnings, and raised its full year outlook. The company just released second quarter earnings, and said it earned 66 cents per share on $2.82 billion in revenues. Wall Street analysts...
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YUM! Brands Jumps on Q2 Earnings Results
Wednesday, July 13, 2011 - 4:22pm | 249Shares of YUM! Brands (NYSE: YUM) are moving higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 3.27%, trading at $57.40; they ended the regular session higher by 1.09%, trading at $55.58. YUM! Brands reported Q2 EPS of $0.66 on...
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Dollar down, Market up 07-13-2011
Wednesday, July 13, 2011 - 3:11pm | 980Cusick's Corner Thanks Uncle Ben. The Fed chief spoke and the market interpreted his comments as well, bullish (QE3?). You got to love expiration week, the week when anything can happen. Back when I was on the trading floor, during Expiration week we wanted risk tied up by Wednesday so that if we...
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Market Roundup
Wednesday, July 13, 2011 - 12:49pm | 219Shares of UDR Inc (NYSE: UDR) gained about 1.7% after the company raised its projections for full-year funds from operations. UDR agreed to pay $687 million for two home communities in New York and one in Washington D.C. UDR also announced its plans to sell 15 million shares in a public offering...