-
A Small-Cap ETF That May Be Worth A Look (IJR)
Monday, March 1, 2010 - 3:42am | 205Small-caps have had a rough go of things lately, but one ETF that is sporting some decent technicals is the iShares S&P SmallCap 600 Index (NYSE: IJR). Support seems to have emerged at the 50-day moving average and IJR is solidly above its 20-day line as well. The small-cap arena is always...
-
Blockbuster: Lower Price Target for the Media Retailer (NYSE: BBI)
Thursday, February 25, 2010 - 4:41pm | 154Jeffrey B. Logsdon, an analyst at BMO Capital Markets Corp, is lowering the 9-15 month price target for (NYSE: BBI) from $0.40 to $0.30. This target price decrease comes after a lower than expected EPS loss of $0.24 was reported for the 4Q09. “Risks to our target include debt default, a faster-...
-
Benzinga’s Top Downgrades (ANDS, BBI, FITB, FMS, TSL)
Thursday, February 25, 2010 - 2:16pm | 252Anadys Pharmaceuticals Inc (NASDAQ: ANDS) was downgraded by Oppenheimer from “outperform” to “perform.” ANDS’ shares slipped 17.32% to $1.91 at 10:06 am. ANDS has a 52-week trading range of $1.44-$7.20. Read more about this company here. Janney Montgomery Scott downgraded Blockbuster Inc (NYSE:...
-
Stock Market News for February 25, 2010 - Market News
Thursday, February 25, 2010 - 10:40am | 491It was a Bernanke-based rally on the Wall Street Wednesday. Comments from the Federal Reserve Chairman in his semi-annual testimony before Congress drew widespread applause from investors and helped stocks end a two-day losing streak. The Fed chairman noted the economy still needed “accommodative...
-
Zale Corporation (ZLC) Turns Profitable
Wednesday, February 24, 2010 - 10:45am | 124After suffering a string of quarterly losses, Zale Corporation (NYSE: ZLC) has turned profitable again, according to a report by the Wall Street Journal. The specialty retailer of fine jewelry suffered six consecutive quarterly losses before it announced the results for the second-quarter today....
-
Company News for February 24, 2010 - Corporate Summary
Wednesday, February 24, 2010 - 10:01am | 140• Garmin (NASDAQ: GRMN) posted quarterly earnings of $1.43 per share, up from estimates of 95 cents, on revenues of $1.06 billion, ahead of $956 million projections. The company said it sees full-year earnings of $2.75 to $3.15 a share • Nicor Gas (NYSE:GAS) reported fourth quarter earnings of $1....
-
Top 5 Stocks For February 24, 2010 (GIS, BBI, TOL, TA, SKS)
Wednesday, February 24, 2010 - 9:38am | 238Some of the stocks that are likely to remain in focus today are: General Mills (NYSE: GIS) is set to report its results for the latest quarter after the markets close. GIS is expected to post its earnings at $0.93 per share. GIS gained 0.56% to $72.28 in after hours trading. Wall Street analysts...
-
Blockbuster Mulls Restructuring (BBI, NFLX,CSTR, MVGR)
Tuesday, February 23, 2010 - 9:57pm | 169Blockbuster (NYSE: BBI) is devising a multi-pronged strategy to deal with new technologies and competition. Blockbuster (BBI) has recently hired an investment bank, Rothschild Inc.,to restructure its $1 billion debt liability. The video rental firm has also hired a law firm Weil, Gotshal &...
-
Barnes & Noble (BKS) Reports Lower Q3 Profits; Weak Outlook For 2010
Tuesday, February 23, 2010 - 1:40pm | 86Barnes & Noble (NYSE: BKS) reported Q3 EPS of $1.38 per share versus consensus estimate of $1.34 per share, even as same-store sales fell 5.5%. The company had a profit of $85 million ($1.42 per share) in Q3 2008. Revenue totaled $2.17 billion compared to analysts’ forecast of $2.16 billion....
-
Company News for February 23, 2010 - Corporate Summary
Tuesday, February 23, 2010 - 10:12am | 285• Home Depot (NYSE:HD) announced its first dividend increase since 2006 after reporting better-than-expected earnings of 24 cents a share, versus Zacks consensus of 16 cents a share, on revenues of $14.57 billion, ahead of Zacks estimates of $14.05 billion. The company said it sees 2010 earnings...
-
Barnes & Noble Declares Dividend - Issues Guidance
Tuesday, February 23, 2010 - 10:11am | 208Shares of Barnes & Noble (NYSE: BKS) are quiet in premarket trading after its earning announcement this morning. Total sales for the third quarter were $2.2 billion, a 33% increase compared to the prior year. Barnes & Noble store sales decreased 4.7% to $1.4 billion, with comparable store...
-
Office Depot (ODP) Narrows 4th Quarter Loss
Tuesday, February 23, 2010 - 9:34am | 83Office Depot, Inc. (NYSE: ODP) early on Tuesday reported a 4th quarter loss of $77 million, or 28 cents per share, an improvement on last year's loss of $1.54 billion, or $5.64 per share. Office Depot's adjusted loss was 6 cents per share, compared to last year's adjusted loss per share of 73 cents...
-
Office Depot Reports Decline In Annual Sales
Tuesday, February 23, 2010 - 8:18am | 113Office Depot (NYSE: ODP) has announced its annual results before today's market opening. Full year 2009 sales were down 16% from 2008, to $12.1 billion. Office Depot (ODP) has seen worse years though. Since sales were down in 2009, you could expect their net loss to be even greater, but that is not...
-
Investing In Dividend Stocks Is The Route To Stable Returns (IBM, WMT, MCD, ROST, TUP, PRSC, TIF, THOR)
Tuesday, February 23, 2010 - 8:17am | 210In an article published on CNBC, Dan Veru, Palisade executive vice president and CO-CIO of Capital Management, said that returns from the stock market this year are likely to lag far behind last year’s figures. He believes that it is going to be all about “stock selection and picking the right...
-
Top 5 Stocks For February 23, 2010 (BKS, PZZA, MIL, TMO, M)
Tuesday, February 23, 2010 - 7:21am | 271Despite the takeover news jolting the markets, trading remained lackluster throughout the day. Trading remained in a tight range until selling pressure pushed the stocks in the negative, as concerns over the upcoming statement by Ben Bernanke counteracted the bullish news. While the DJIA tumbled 18...