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Jackson Hewitt Explodes Higher; Calls Purchased (JTX)
Friday, May 28, 2010 - 10:40am | 149Shares of Jackson Hewitt Tax Services (NYSE: JTX) are higher on the session by 19.88%, currently trading $1.93. The stock has been drifting lower and lower over the past six months and is trading below both the 50-day and 200-day moving averages. The stock is rising today after they reported...
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Top Day Trader Alerts (AAPL, BCSI, BP, CKXE, GES, JTX, MENT, OVTI, VVUS)
Friday, May 28, 2010 - 7:59am | 407Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain’s long-term foreign and local currency issuer default ratings to AA+ from AAA. The news wrecked the American market pushing down stocks 1.1% in light afternoon trading. The Spanish government recently released data...
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The Twitter-24/7 Wall St. Stock Market Report 5.28.2010 The Wisdom Of Crowds?
Friday, May 28, 2010 - 7:47am | 407Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain’s long-term foreign and local currency issuer default ratings to AA+ from AAA. The news wrecked the American market pushing down stocks 1.1% in light afternoon trading. The Spanish government recently released data...
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J.P. Morgan Raises Estimates For Coinstar (CSTR)
Thursday, May 27, 2010 - 10:29am | 140J.P. Morgan (NYSE: JPM) analysts released a report today, upgrading their estimates for Coinstar (NASDAQ: CSTR) after the company presented at the J.P. Morgan Tech conference last week. The analysts said that "we came away with more conviction that the DVD kiosk companies will gain market share...
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2 Great Companies With Significant Long Term Challenges
Thursday, May 27, 2010 - 2:14am | 469These 2 stocks are great investments for the short term but are facing significant challenges to remain competitive over a longer time period. Gamestop (GME) is slightly undervalued at $22 dollars a share. Shares trade at just 8 times this year’s earnings and earnings are expected to grow 10% over...
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2 Great Companies With Significant Long Term Challenges
Thursday, May 27, 2010 - 2:14am | 469These 2 stocks are great investments for the short term but are facing significant challenges to remain competitive over a longer time period. Gamestop (GME) is slightly undervalued at $22 dollars a share. Shares trade at just 8 times this year’s earnings and earnings are expected to grow 10% over...
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Coinstar (CSTR) Down 4% After Sale Of E-Payment Unit
Wednesday, May 26, 2010 - 7:00pm | 109Shares of Coinstar Inc (Nasdaq: CSTR) were down 3.96% at $50.88 in after hours trading on Wednesday. Coinstar Inc sold its electronic payment services business to InComm for $40 million and lowered its 2nd quarter forecasts to account for the sale. Coinstar Inc now forecasts 2nd quarter earnings of...
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Benzinga's After Hours Decliners (CHK, MCO, RMBS, CSTR, APOL)
Wednesday, May 26, 2010 - 6:10pm | 430Among the notable names that are moving lower in the after hours trading session are Chesapeake Energy (NYSE: CHK), Moody's Corp. (NYSE: MCO), Rambus (NASDAQ: RMBS), Coinstar (NASDAQ: CSTR), and Apollo Group (NASDAQ: APOL). Chesapeake Energy (CHK) has moved 3.12% lower to $20.50 in the late...
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Benzinga's After Hours Decliners (PVH, CSTR, HOTT)
Monday, May 24, 2010 - 6:32pm | 159Among the stocks that are moving lower in the after hours trading session are Phillips-Van Heusen Corp. (NYSE: PVH), Coinstar (NASDAQ: CSTR) and Hott Topic (NASDAQ: HOTT). Phillips Van-Heusen (PVH) reported earnings after the closing bell today. The company earned $0.83 per share compared to Wall...
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Piper Jaffray Maintains Overweight Rating For Coinstar Inc. (CSTR)
Monday, May 24, 2010 - 8:59am | 130Analysts Michael J. Olson and Andrew H. Murphy at Piper Jaffray have released an update on Coinstar, Inc. (NASDAQ: CSTR). Coinstar has announced deals that involve a 28-day delay for new releases with Warner Bros., Fox, and Universal. In order to gauge the impact of these deals, analysts surveyed...
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Short Covering Rally 05-21-2010
Friday, May 21, 2010 - 6:00pm | 770Cusick's Corner There was an impressive rally into the close, much of it due to short covering for the weekend which then set off a big short imbalance. The VIX had quite a day range today of 38.95 – 48.20, closing nearer the day’s lows at 40.10. This choppy, volatile trade coupled with...
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H&R Block Cuts Jobs (HRB)
Wednesday, May 19, 2010 - 4:57pm | 114H&R Block Inc. (NYSE: HRB) has announced that it will cut 400 jobs. The largest US tax preparer is restructuring its organizational structure and is currently dealing with declining trend in its business. The company has closed about 400 underperforming tax offices. The company has also...
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Bears Bid up Puts in Sotheby’s
Tuesday, May 18, 2010 - 1:14pm | 112Shares of Sotheby’s (NYSE: BID) are selling off by 2.95% today, currently trading $31.91. The stock has recently broken down through the 50-day moving average, retested the level, and look like they are breaking back lower toady. This is a bearish signal. Sotheby’s is also seeing in-the-money puts...
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Coinstar Surging On High Volume (CSTR)
Thursday, May 13, 2010 - 1:06pm | 120Shares of Coinstar (NASDAQ: CSTR) are surging on high volume during today's trading session. CSTR has jumped 3.96% to $56.13. Over 3.4 million shares have traded hands versus a daily average of 1.58 million. This stock is one of the hottest names on the Nasdaq exchange right now, appreciating over...
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Benzinga's After Hours Decliners (BID, WHR)
Wednesday, May 12, 2010 - 6:01pm | 121Among the notable stocks that have moved lower in the after hours today are Sotheby's (NYSE: BID) and Whirlpool (NYSE: WHR). Sotheby's (BID) has fallen 5.75% to $34.12 in after hours trading. More than 61,496 shares have been traded after the close of the New York Stock Exchange. There does not...