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Company News for December 01, 2009 - Corporate Summary
Tuesday, December 1, 2009 - 9:56am | 255• General Electric (NYSE:GE) agreed with Vivendi to acquire the latter’s 20% NBC stake for $5.8 billion, down from Vivendi's previous valuation of $6.1 billion • After yesterday's close, Guess (NYSE:GES) announced third quarter earnings of 69 cents a share, up from 67 cents a year ago, and better...
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Benzinga’s Top Pre- Market Gainers (TSTC, CTCM, SEED, GSIT, MITI, NVAX, NVMI, SPLS)
Tuesday, December 1, 2009 - 9:39am | 320Telestone Technologies Corporation (NASDAQ: TSTC) gained 3.10% to $13.35 in the pre-market trading. In the previous trading session, TSTC closed at $12.94. The 52-week trading range for TSTC is $0.75 - $13.88. So far in 2009, TSTC climbed up by over 810%. CTC Media, Inc. (NASDAQ: CTCM) climbed 17....
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Cyber Monday Promotions Hope To Kick-start Online Sales (JCP), (WAG), (WMAR), (DSCM), (SKS)
Sunday, November 29, 2009 - 9:58pm | 328Cyber Monday, the day viewed as the kickoff to the online holiday shopping season, will have no shortage of deals from retailers who have been planning for this day for a while, according to Shop.org. “Retailers have a very acute sense of the importance of Cyber Monday in kick-starting holiday...
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TD Ameritrade Likes TIF, Dislikes ANF
Friday, November 27, 2009 - 5:54pm | 84JJ Kinahan of TD Ameritrade thinks that Tiffany & Co. (NYSE: TIF) will have a good season because people that have the money will spend it. Tiffany (TIF) dropped 1.55% on Friday and closed at $43.21. Abercrombie & Fitch (NYSE: ANF) is a stock that worries JJ Kinahan. He believes that...
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Benzinga’s Top Upgrades & Downgrades (QLTI, PUK, TIF, GIB, ABB, EUBK, FSNM)
Friday, November 27, 2009 - 10:52am | 268QLT Inc. (USA) (NASDAQ: QLTI) was upgraded by RBC Capital Markets today from Sector Perform to Outperform. Price target increased from $4.50 to $6. QLTI is now trading at $4.68, 3.96% up. In the last trading session, QLTI made a new high at $4.55. So far in 2009, QLTI gained over 85%. Prudential...
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Benzinga's ETF Gainers (UNG, PGM, UAG, ROB, BDD)
Wednesday, November 25, 2009 - 3:05pm | 181United States Natural Gas Fund, LP (NYSE: UNG) found its place among the gainers today, with 5.55% increase in price. United States Natural Gas Fund, LP (UNG) is flying high as Natural Gas jumped around 7% today. Platinum January 2010 futures gained approximately 2.5% and pushed iPath Dow Jones-AIG...
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Tiffany & Co. (TIF) Shows First Signs Of Recovery In Luxury Spending
Wednesday, November 25, 2009 - 1:33pm | 74Tiffany & Co. (NYSE: TIF) advanced 3.9 percent to $43.50 after rising in morning trading to $44.04, the highest intraday price since September 2008. The advance with high volumes ensured that the stock was looking buliish on technical trends. Tiffany & Co. (TIF), the world’s second-largest...
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Benzinga's Retail Roundup (TIF, JCG, LTD, GES, CONN)
Wednesday, November 25, 2009 - 12:25pm | 234Today, most of the retail stocks are trading up largely supported by strong earnings reported by Tiffany & Co. and J. Crew. Tiffany & Co. (NYSE: TIF) rose 45 to $43.49 after reported a larger-than-expected quarterly profit as the upscale jeweler contained costs and benefited from stronger...
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Tiffany (TIF) Beats Analysts Forecasts, Expect Higher Revenues During Holiday Season
Wednesday, November 25, 2009 - 11:13am | 135Tiffany & Co. (NYSE: TIF), the high end jewelery retailer that operates through 215 stores and boutiques globally, reported better then expected quarterly profits & also raised its forecasts for the full year earnings. Earnings per share of 35 cents were higher than analyst expectations of...
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Barron’s Sees Barnes & Nobles (BKS) Tumbling
Wednesday, November 25, 2009 - 10:42am | 167Today, Barnes and Nobles (NYSE: BKS), the largest U.S. bookseller, reported a higher second quarter loss. Loss in the second quarter of the year is expected to be in the tune of 30 cents per share. According to Barron’s, lowered third-quarter profits and gloomy annual guidance further damaged B...
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Benzinga’s News Roundup (TIF, WBD, NVS)
Wednesday, November 25, 2009 - 10:29am | 165Tiffany & Co. (NYSE: TIF) today provided outlook for financial year 2009. TIF expects EPS for FY09 to be in the range of $1.88 to $1.98 per share while the analysts expect EPS to be $1.77. TIF closed at $41.83 in the previous trading session. TIF is currently trading at $44.28, up 5.86% in the...
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Company News for November 25, 2009 - Corporate Summary
Wednesday, November 25, 2009 - 10:24am | 254• J Crew Group (NYSE:JCG) wowed investors with sharply better-than-expected third quarter earnings of 67 cents a share, versus 30 cents a year ago, and ahead of Zacks estimates of 58 cents a share. Revenues of $414.1 million exceeded last year's $363.1 million and beat projections of $406.6...
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Benzinga’s Top Pre- Market Gainers (TIF, RFMD, AIXG, INCY, SOLF, QGEN, CYTX, SVA)
Wednesday, November 25, 2009 - 9:40am | 359Tiffany & Co. (NYSE: TIF) rose 6.26% to $44.45 in the pre-market session after TIF announced that for the fourth quarter, it expects sales to increase and also provided outlook for fiscal 2009. For financial year 2009, TIF expects EPS to be in between $1.88 - $1.98 while analysts are expecting...
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Tiffany Reports Earnings, Raises Outlook For Full Year
Wednesday, November 25, 2009 - 8:43am | 109Tiffany & Co. (NYSE: TIF), the jeweler and specialty retailer, reported earnings of $0.34 a share in its third quarter ending October 31, 2009, with net sales of $598 million. The company’s management raised its sale and earnings outlook for the full year, despite net sales being 3% below the...
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Tiffany & Co. Q3 Beats Estimates, Raises Guidance
Wednesday, November 25, 2009 - 8:41am | 103Tiffany & Co. (NYSE: TIF) reported that its third-quarter net profit dipped 1% to $43.3 million or 34 cents a share from $43.8 million or 36 cents a share, a year ago. While, Sales fell 2.9% to $598.2 million. These are much higher against the consensus of 24 cents a share on sales of $575.1...