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Jackson Hewitt Soaring On Wal-Mart News (JTX, WMT)
Tuesday, January 25, 2011 - 1:48pm | 75It appears as if Jackson Hewitt (NYSE: JTX) has cut a deal with Wal-Mart (NYSE: WMT) to provide in-store tax preparation services for as little as $38. JTX shares are soaring on the news, and are currently up 11.69% to $1.70. Click here for the link that details the new Jackson Hewitt services at...
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Calls Purchased on Sotheby's (BID)
Tuesday, January 25, 2011 - 12:00pm | 130Shares of Sotheby's (NYSE: BID) are lower on the session by 4.23%, currently trading at $38.91. The stock had been moving largely higher over the past six months, but recently came under selling pressure. It is currently trading between the 50-day and 200-day moving averages. Options traders are...
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Collectors Universe Declares Dividend of $.325
Tuesday, January 25, 2011 - 9:03am | 60Collectors Universe, Inc. (Nasdaq: CLCT) today announced that, pursuant to its previously adopted dividend policy, the Board of Directors has declared the Company's quarterly cash dividend of $0.325 per share of common stock for the third quarter of fiscal 2011. The cash dividend will be paid on...
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Pre-Paid Legal Services Skyrocketing (PPD)
Thursday, January 20, 2011 - 3:51pm | 152Pre-Paid Legal Services, Inc. (NYSE: PPD) shares are skyrocketing, gaining more than 6% on heavy volume. A Bloomberg article said that Cerberus is in talks with the company over a potential buyout. Thomas Smith, the head of an investment group that owns over 25% of Pre-Paid, signed a deal with...
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This Earnings Season - Appeasements and Punishments
Wednesday, January 19, 2011 - 4:55am | 785Since Aloca (NYSE: AA) kicked off the current earnings season on Jan 10, there were two distinct reactions to the results - Appeasements and Punishments. The current market sentiment and the two different reactions are best captured by this little story: Everyone is appeased upon getting an Apple...
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Mad Money Lightning Round: Cramer Likes Whole Foods (TGB, CSTR, WFMI, CMG, SNV, BBT)
Wednesday, January 19, 2011 - 4:13am | 200On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Taseko Mines (AMEX: TGB) is a “second-tier company but I like copper so much I'll recommend it as a speculative play." For Coinstar (NASDAQ: CSTR), he said, "I think it was an over-reaction to the downside, but I am not a...
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Earnings Top Billing 01-14-2011
Tuesday, January 18, 2011 - 3:51pm | 876Cusick's Corner Stocks are broadly higher on positive earnings and mixed economic news Friday. JP Morgan (JPM) shares are up 2.5 percent and the best gainers in the Dow Jones Industrial Average after the bank reported a quarterly profit of $1.12 per share, which was 13 cents better-than-expected....
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Coinstar Falls 27.1% After Lowering Guidance (CSTR)
Friday, January 14, 2011 - 4:22pm | 217Shares of Coinstar, Inc. (Nasdaq: CSTR) ended the day down 27.1% at $41.50 per share. The company's share price plummeted after it reduced its 4th quarter earnings from continuing operations forecast to a range between 65 cents and 69 cents per share, down from earlier guidance in the range of 79...
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Coinstar (CSTR) Fills the Gap - the Hard Way
Friday, January 14, 2011 - 11:18am | 712I may be a bit biased because I never thought of the Coinstar (CSTR) story as something that was sustainable as 'high growth' in the long run (DVD kiosks? cmon), but the action today to adverse guidance is part of the worry I have with many names people are chasing in day after day, without regard...
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Coinstar Cut to Hold at Canaccord Adams (CSTR)
Friday, January 14, 2011 - 9:50am | 17Coinstar (NASDAQ: CSTR) cut to Hold at Canaccord Adams.
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Benzinga's Top Pre-Market NASDAQ Losers (CSTR, HAS, ARMH, TSTC)
Friday, January 14, 2011 - 8:43am | 155Coinstar Inc (NASDAQ: CSTR) dipped 24.65% to $42.91 in the pre-market session. CSTR now projects its Q4 earnings from continuing operations of $0.65 to $0.69 per share on revenue of $391 million, down from its earlier projections of $0.79 to $0.85 per share on revenue of $415 million to $440...
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JP Morgan Cuts Estimates and PT On Coinstar
Friday, January 14, 2011 - 8:38am | 149JP Morgan has published a research report on Coinstar, Inc. (NASDAQ: CSTR) and is cutting estimates based on the company's negative pre-announcement. In the report, JP Morgan writes "Coinstar issued a 4Q10 negative preannouncement citing execution challenges that seemed transient in nature and...
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JP Morgan Lowers PT On Coinstar
Friday, January 14, 2011 - 8:18am | 27JP Morgan has lowered the price target on Coinstar Inc. (NASDAQ: CSTR) from $56 to $42 and maintains its Neutral rating.
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Piper Jaffray Cuts Price Target On Coinstar (CSTR)
Friday, January 14, 2011 - 7:44am | 187Piper Jaffray cut its price target on shares of Coinstar Inc. (NASDAQ: CSTR) to $56 from $74, but kept its Overweight rating after it cut its earnings forecast. In a note sent to clients, Piper Jaffray writes, "After market close on 1/13 Coinstar pre-announced Q4 revenue of $391m vs. Street...
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Piper Jaffray Lowers PT On Coinstar
Friday, January 14, 2011 - 6:50am | 27Piper Jaffray has lowered the price target on Coinstar Inc. (NASDAQ: CSTR) from $74 to $56 and maintains its Overweight rating.