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Puts Purchased on Barnes & Noble, Inc. (BKS)
Tuesday, April 26, 2011 - 12:08pm | 127Shares of Barnes & Noble, Inc. (NYSE: BKS) are higher on the session by 1.41%, currently trading at $10.08. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Earnings Roundup (F, HSY, ODP, LO, LMT, AN, COH, MMM, ITW, LCC, KO, DAL, UPS, OSIS, X)
Tuesday, April 26, 2011 - 10:25am | 9113M Co (NYSE: MMM) reported upbeat Q1 earnings and raised 2011 profit projections. The company's Q1 profit came in at $1.08 billion, or $1.49 per share, up from $930 million, or $1.29 per share, in the year-earlier period. The company's revenue surged to $7.31 billion from $6.35 billion. However,...
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Office Depot Likely to Announce New CEO in 30 Days - Bloomberg
Tuesday, April 26, 2011 - 9:56am | 23Office Depot (NYSE: ODP) is likely to announce a new CEO in 30 Days, Bloomberg reports
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Morning Market Movers (SPCHB, ECYT, USAT, UCTT)
Tuesday, April 26, 2011 - 9:49am | 145Sport Chalet Inc (NASDAQ: SPCHB) surged 22.22% to $2.31 at 9:45 am. SPCHB shares have dropped 46.76% over the past 52 weeks, while the S&P 500 index has gained 10.16% in the same period. Endocyte Inc (NASDAQ: ECYT) shares advanced 21.01% to $11.49. ECYT announced its plan to prepare two...
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Golfsmith Continues to Leverage Assets with New Agreement for MacGregor Golf in Europe (GOLF)
Tuesday, April 26, 2011 - 9:31am | 83Golfsmith International (NASDAQ: GOLF) today announced plans to continue expanding its proprietary brands globally by forming a new partnership for the MacGregor brand in Europe with Manchester based Worldwide Golf Brands. This new agreement with WWGB is the next step in Golfsmith's global strategy...
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Office Depot Reports Q1 EPS ($0.05) vs. ($0.02) Est.; Revenues $2.97B vs. $2.98B Est. (ODP)
Tuesday, April 26, 2011 - 7:06am | 22Office Depot Reports Q1 EPS ($0.05) vs. ($0.02) Est.; Revenues $2.97B vs. $2.98B Est. (NYSE: ODP)
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Stocks to watch For April 26: WU, NBR, AMZN, F, KO, HSY, VLO, LO, DV, MMM, LMT, BRCM…
Tuesday, April 26, 2011 - 6:34am | 1712The Western Union Company (WU) -0.14% is forecast to post earnings of 34 cents a share in the first quarter. Shares of Western Union Company are trading higher by +0.05% ahead of its quarterly earnings release. Western Union, the money transfer services company is expected to release its...
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CEOWORLD Daily Business and Tech Roundup- LUV, SNE, GOOG, ORCL, CSTR, GM, F, NFLX, ELX, PG, AMZN…
Tuesday, April 26, 2011 - 5:40am | 953Google Inc. (GOOG) Android operating system for the tablets, Kunimasa Suzuki, Sony's head of personal computers, said in Tokyo today. The models, whose prices weren't disclosed, would go on sale in autumn, the company said in a statement. Coinstar Inc. (CSTR) : SAC Capital Advisors LP reported a...
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UPDATE: Jefferies Cutting Price Target On Office Depot (ODP)
Monday, April 25, 2011 - 9:37am | 168Jefferies & Co. is cutting its price target on shares of Office Depot (NYSE: ODP) to $4 from $5, and it has a Hold rating on shares. In a note to investors, Jefferies writes, "Management recently guided 1Q EBIT margin down 50% y-y and released amended financial statements for the second, third...
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Barnes & Noble Partners with Leading Content Providers and Developers to Launch NOOK Apps for NOOK Color, Best Reader's Tablet (BKS)
Monday, April 25, 2011 - 8:48am | 66Barnes & Noble (NYSE: BKS) today announced a partner for NOOK Apps, a collection of high-quality applications launched for the company's award-winning NOOK Color Reader's Tablet. The addition of popular apps and other most requested tablet features to the newly updated NOOK Color make the best...
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Barnes & Noble Partners with Leading Content Providers and Developers to Launch NOOK Apps™ for NOOK Color
Monday, April 25, 2011 - 8:38am | 26Barnes & Noble (NYSE: BKS) Partners with Leading Content Providers and Developers to Launch NOOK Apps™ for NOOK Color
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Zale Extends Maturity on Portion of Bank Credit Facility, $120M (ZLC)
Monday, April 25, 2011 - 7:38am | 82Zale Corporation (NYSE: ZLC) today announced that it has extended the maturity of $120 million, including seasonal adjustment of $20 million, of its asset-backed credit facility to April 30, 2014. It previously was scheduled to mature on August 11, 2011. In the aggregate, commitments under the...
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Deutsche Bank Raises PT On TSCO To $70
Thursday, April 21, 2011 - 8:17am | 119Deutsche Bank, reporting on 1Q11 results, has raised its price target on Tractor Supply Company (NASDAQ: TSCO) from $61 to $70 and is maintaining its Buy rating. In the report, Deutsche Bank writes, “TSCO reported 1Q11 EPS of $0.24, ahead of guidance and Street expectations of $0.15. TSCO reported...
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Piper Jaffray Raises PT On TSCO To $59
Thursday, April 21, 2011 - 7:16am | 142Piper Jaffray, citing Q1 results that topped estimates, raised its price target on Tractor Supply Company (NASDAQ: TSCO) from $50 to $59. Says Piper Jaffray, in its report, “We are maintaining our Neutral rating but raising our price target to $59 from $50 based on 22x (prev. 19x) our new F11 EPS...
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Deutsche Bank Raises PT On Tractor Supply Co To $70
Thursday, April 21, 2011 - 7:14am | 28Deutsche Bank has raised the price target on Tractor Supply Co (NASDAQ: TSCO) from $61 to $70 and maintains its Buy rating.