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Benzinga's Earnings Preview (DE, TIF, CDII, CONN, RSTI, APWR)
Wednesday, November 25, 2009 - 5:22am | 192Deere & Company (NYSE: DE) is expected to report fourth-quarter earnings of 3 cents a share on revenue of $4.44 billion. Yesterday, DE closed at $52.29. Tiffany & Co. (NYSE: TIF) is projected to report third-quarter earnings of 24 cents a share on $573.75 million of revenues. In yesterday...
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Benzinga’s News Update (WIN, SIG, MDT, AEO, DLTR, BGP, C)
Tuesday, November 24, 2009 - 10:44am | 466Windstream Corporation (NYSE: WIN) is currently trading at $10.07, down 0.59% on 87K shares after Windstream announced that it will buy lowa Telecommunications Services Inc. for $1.1 billion. As per the agreement, Windstream will issue 0.804 shares and $7.09 in cash for each share of Iowa...
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Stock Market News for November 24, 2009 - Market News
Tuesday, November 24, 2009 - 10:32am | 410U.S. stocks closed broadly higher Monday, ending a three-day losing run, as a strong housing report reassured investors’ faith in the economy. A weak dollar helped lift gold to another record high and sent shares of commodity-related companies higher. Calls for central banks around the world to...
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Benzinga’s Top Pre- Market Gainers (HRL, ZLC, SEED, AMLN, ZAGG, TLAB, RMBS, ALTH)
Tuesday, November 24, 2009 - 9:53am | 296Tellabs, Inc. (NASDAQ: TLAB) climbed 5.08% to $6 in the pre-market session. The 52 week trading range for TLAB is $3.51 - $7.70. Yesterday, TLAB closed at $5.71. Rambus Inc. (NASDAQ: RMBS) increased 4.31% to $16.72. The 52 week trading range for RMBS is $5.44 - $19.94. So far in 2009, RMBS climbed...
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Benzinga’s Biggest Losers (CIEN, CEPH, CGA, BBI, RMBS, DKS)
Monday, November 23, 2009 - 12:58pm | 234Ciena Corporation (NASDAQ: CIEN) fell 8.66% to $12.02 huge volume of 8.59 million shares after Ciena Corp beat other vendors in a three day auction and won the deal to buy Nortel Networks for $769 million. So far in 2009, CIEN climbed up around 79%. Cephalon, Inc. (NASDAQ: CEPH) plummeted 10% to $...
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Stock Market News for November 23, 2009 - Market News
Monday, November 23, 2009 - 10:08am | 514Investors appear worried that the economy is not keeping up with the eight-month old rally in the stock market. Disappointing outlook and grim economic data are further fueling concerns that markets are ripe for a pullback and a full-blown economic recovery would take time. On Friday, the 30-share...
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SBH to Accelerate Unit Store Expansion
Friday, November 20, 2009 - 4:03pm | 142Mimi Noel of Sidoti & Company maintained her "buy" rating on Sally Beauty Holdings Inc (NYSE: SBH), while raising her estimates for the company. The target price is set to $12. SBH posted its total sales for FQ4 at $676 million, reflecting a 0.6% y/y growth. The sales for the quarter easily...
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Biogen's Rituxan Label Expansion Delayed - Analyst Blog
Friday, November 20, 2009 - 12:00pm | 493Biogen Idec (BIIB) and Genentech, Inc., a wholly-owned member of the Roche Group (RHHBY.PK), announced that they have received a complete response letter (CRL) from the U.S. Food and Drug Administration (FDA) for Rituxan. The companies were seeking approval for the use of Rituxan (rituximab) plus...
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Benzinga’s Top Pre- Market Gainers (TRBN, LGND, DYAX, VRGY, HIBB, NLST)
Friday, November 20, 2009 - 10:30am | 212Trubion Pharmaceuticals, Inc. (NASDAQ: TRBN) jumped 16.34% to $4.70 in the pre-market session. The 52 week trading range for TRBN is $1.00 - $6.75. So far in 2009, TRBN gained over 218%. Ligand Pharmaceuticals Inc. (NASDAQ: LGND) moved up 14.29% to $2.40 after Ligand Pharmaceuticals announced new...
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After Hours Gainers (HIBB, VRGY, DBRN, NVLS, MNKD)
Thursday, November 19, 2009 - 6:46pm | 234Hibbett Sports, Inc. (NASDAQ: HIBB) rose 8% to $20.50 after announced that its Board of Directors has authorized a new Stock Repurchase Program (Program) of $250.0 million expiring on February 2, 2013. Verigy Ltd. (NASDAQ: VRGY) surged 11% to $10.00 after it reported a fourth-quarter net loss of $...
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Benzinga’s Biggest Losers (MVIS, NGD, CMED, EGLE, EXM, DKS, MU)
Thursday, November 19, 2009 - 12:45pm | 259Microvision, Inc. (NASDAQ: MVIS) plunged 22% to $3.22 huge volume of 4.52 million shares after MVIS announced the pricing of an underwritten public offering of 6.7 million shares of its common stock at a price to the public of $3.00 per share. New Gold Inc. (USA) (AMEX: NGD) plummeted 19% to $3.52...
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Company News for November 19, 2009 - Corporate Summary
Thursday, November 19, 2009 - 10:27am | 334• Bank of America/Merrill (NYSE:BAC) downgraded a number of semiconductor companies, expecting a modest inventory correction, even as economies improve and demand for electronics rises. Four shares were downgraded to neutral, including Intel (NASDAQ:INTC), Texas Instruments (NYSE:TXN), Marvel...
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An ETF To Play A Rebound In High-End Consumer Spending (ROB)
Wednesday, November 18, 2009 - 9:11pm | 198If you're of the mind that affluent consumers will start spending again, and with the holiday shopping season upon us, that might be a good bet to make, the ETF Professor has an ETF you might be interested in. The Claymore/Robb Report Global Luxury ETF (AMEX: ROB) counts many luxury retailers among...
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Benzinga's Earnings Preview (LTD, PETM, NTAP, JACK, PVH)
Wednesday, November 18, 2009 - 9:06am | 155Limited Brands, Inc. (NYSE: LTD) is expected to break even in the third quarter, according to a consensus survey by FactSet Research. The company is scheduled to report its earnings after Market Close. PetSmart, Inc. (NASDAQ: PETM) is projected to post third quarter earnings of 27 cents a share....
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Dennis Gartman: Gold (GLD) is in a "Bubble" - Meredith Whitney Just Plain Confused by the Action
Tuesday, November 17, 2009 - 9:02am | 1898It is always easy to say after the fact "gosh that was a bubble" or "clearly things were out of control". Most people will ignore the warnings, ride the good times and then never adjust when the music stops. That was myself in 1999 thru 2001. Other people will sit it all out, vying for safety...