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NASDAQ Stocks Hitting 52-Week Highs
Wednesday, July 13, 2011 - 10:25am | 121Ruth's Hospitality Group Inc (NASDAQ: RUTH) shares rose 5.74% to create a new 52-week high of $7.00. RUTH's PEG ratio is 1.27. Oritani Financial Corp (NASDAQ: ORIT) shares gained 0.77% to create a new 52-week high of $13.14. ORIT's trailing-twelve-month operating margin is 42.38%. National...
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Deutsche Bank Reiterates Buy and PT of $74 on Buffalo Wild Wings
Wednesday, July 13, 2011 - 8:39am | 44Deutsche Bank reiterated its Buy rating on Buffalo Wild Wings (NASDAQ: BWLD). At the same time, the rating agency left its price target on the company's stock unchanged at $74. On Tuesday, BWLD closed the day at $65.42.
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News Summary for July 13, 2011
Wednesday, July 13, 2011 - 7:58am | 580This is your Benzinga news summary and traders' outlook for Wednesday, July 13, 2011, covering headlines from overnight and Wednesday’s pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as investors wait to see what Federal Reserve Chairman Ben...
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Rotational Trading: Reduce Trades & Improve Returns
Wednesday, July 13, 2011 - 7:46am | 779With this post I want to share some research I've done in the area of rotational trading (RT). In RT systems stocks or ETFs are ranked according to one or more properties. You ride the best stocks as long as they are among the best stocks, then you change horses and go again. So far so good....
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US Stock Futures Signal Higher Start On Wall Street
Wednesday, July 13, 2011 - 6:06am | 354US stock futures are higher this morning, after upbeat Chinese growth data. Futures on the Dow Jones Industrial Average surged 63 points to 12,476.00 and futures on the S&P 500 stock index rose 7.90 points to 1,318.60. Nasdaq 100 futures gained 17.25 points to 2,361.75. US stocks closed lower...
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Earnings Scheduled For July 13
Wednesday, July 13, 2011 - 3:04am | 127Marriot International (NYSE: MAR) is projected to report its Q2 EPS at $0.37 on revenue of $3.02 billion. ASML Holding NV (NASDAQ: ASML) is expected to report its Q2 EPS at $1.33 on revenue of $2.13 billion. Yum! Brands Inc (NYSE: YUM) is projected to report its Q2 EPS at $0.61 on revenue of $2....
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Stocks To Watch For July 13
Wednesday, July 13, 2011 - 2:35am | 266Some of the stocks that may grab investor focus today are: Electronic Arts Inc (NASDAQ: ERTS) announced its plans to buy PopCap Games for at least $750 million. EA will pay $650 million in cash and $100 million in common shares. EA also issued downbeat Q2 projections. ERTS shares dropped 3.27% to...
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Westinghouse Solar Finding Bids
Tuesday, July 12, 2011 - 2:50pm | 140Shares of Westinghouse Solar (NASDAQ: WEST) are moving higher this afternoon; currently, shares are up by 4.70%, trading at $1.56. Westinghouse Solar has been consolidating since the beginning of June, following a sharp pop higher. While WEST found strong resistance at the 200-day moving average...
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Green Mountain Coffee Roasters Plunging 5% As Coffee Stocks Go Cold
Tuesday, July 12, 2011 - 11:51am | 201Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares are plunging today, down nearly 5% on heavy volume as the other coffee stocks are seeing outflows, including Tim Horton's (NYSE: THI), Coffee Holding Co., Inc. (NASDAQ: JVA), and Caribou Coffee Company, Inc. (NASDAQ: CBOU). Conversely,...
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Earnings Preview: Yum! Brands Earnings Expected to Increase Over Last Quarter
Tuesday, July 12, 2011 - 10:22am | 536Get ready for Yum! Brands earnings! Don't be the last to know: Yum! Brands (NYSE: YUM) announces its next round of earnings this Wednesday, July 13, 2011. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Wednesday's...
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Piper Jaffray Maintains Rating, PT On MRT
Tuesday, July 12, 2011 - 8:56am | 139Piper Jaffray is maintaining its Overweight rating and its $9 price target on Morton's Restaurant (NYSE: MRT) in light of June's improved travel trends. According to Piper Jaffray, “Travel data showed continued improvement in June, which we highlight as a positive update for shares of MRT given...
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Piper Jaffray Maintains Rating, PT On RUTH
Tuesday, July 12, 2011 - 8:53am | 140Piper Jaffray, citing improved June travel trends, is maintaining its Overweight rating and its $9 price target on Ruth's Hospitality Group (NASDAQ: RUTH). Says Piper Jaffray, in the report, “Travel data showed continued improvement in June, which we highlight as a positive update for shares of...
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Fast Money Picks For July 12th (TCK, YUM)
Monday, July 11, 2011 - 7:55pm | 157On CNBC's Fast Money, Brian Kelly said that he wants to buy Teck Resources Limited (NYSE: TCK) on Tuesday. Teck Resources Limited (TCK) fell 1.64%, and closed at $51.42. Pete Najarian also likes Teck Resources Limited (TCK). He owns the stock, and he is selling upside calls. Mr. Najarian thinks...
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Starbucks Announces New Leadership Structure
Monday, July 11, 2011 - 4:06pm | 33Starbucks Coffee Company (NASDAQ: SBUX) today announced a new corporate structure to accelerate its growth strategy, which will take effect by the end of September.
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What Does David Einhorn Know About STX That You Don't?
Monday, July 11, 2011 - 10:25am | 694David Einhorn and his Greenlight Capital (NASDAQ: GLRE) fund opened up a medium-sized long position in technology company Seagate (NASDAQ: STX) this past quarter. Since Seagate makes hard drives, and hard drives are seemingly on their way out of favor, observers and other investors have to wonder:...