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Goldman Sachs Comments On PetSmart's Intact Outlook
Thursday, March 3, 2011 - 8:31am | 147In a report published by Goldman Sachs, PetSmart’s (NASDAQ: PETM) outlook is intact as demand / execution offset higher spending. Goldman Sachs reported that it can't remember a time when an EBIT miss was as benign to the outlook as PETM's modest 4Q shortfall looked to it...
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Wedbush Raises PT on PetSmart To $51
Thursday, March 3, 2011 - 8:30am | 29Wedbush Securities has raised the price target on PetSmart (NASDAQ: PETM) from $43 to $51 and maintains its Outperform rating.
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News Summary
Wednesday, March 2, 2011 - 10:39am | 248Shares of BJ's Wholesale Club Inc (NYSE: BJ) gained about 0.25% after the company reported its Q4 net income at $10.2 million, or $0.19 per share, versus $54.5 million, or $1 per share, in the year-ago quarter. The company's adjusted net income came in at $0.95 per share. BJ's revenue increased 7%...
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Barnes & Noble Settles Litigation with Spring Design
Wednesday, March 2, 2011 - 10:32am | 114Barnes & Noble, Inc. (NYSE: BKS) today announced that it has settled a lawsuit brought against the Company by Spring Design, Inc. Spring Design initiated legal action against Barnes & Noble in November 2009, in the United States District Court for the Northern District of California, in...
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Staples' Weak 4Q Not Dictating 1Q Trends, JP Morgan Maintains Overweight
Wednesday, March 2, 2011 - 10:12am | 166JP Morgan has published a research report on Staples (NASDAQ: SPLS) after the company reported 4Q earnings affected by weather and low quality, while 1Q trends are looking more positive. In the report, JP Morgan writes "SPLS reported 4Q10 operating EPS of $0.39 vs. consensus and our estimate of $0....
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A Peek Into The Market Before The Trading Starts
Wednesday, March 2, 2011 - 9:17am | 433Pre-open movers US stock futures are higher this morning, as investors are awaiting labor-market data. Crude oil traded above $100 a barrel. Futures on the Dow Jones Industrial Average rose 15 points to 12,037.00 and futures on the S&P 500 stock index gained 2.5 points to 1,303.60. Nasdaq 100...
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Deutsche Bank Lowers PT On Big 5 Sporting Goods To $13
Wednesday, March 2, 2011 - 9:09am | 28Deutsche Bank has lowered the price target on Big 5 Sporting Goods (NASDAQ: BGFV) from $15 to $13 and maintains its Hold rating.
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Staples Reports Q4 Adjusted EPS of $0.39
Wednesday, March 2, 2011 - 8:56am | 55Staples (NASDAQ: SPLS) reported its Q4 adjusted EPS at $0.39, versus the consensus of $0.40. SPLS reported its Q4 revenue at $6.42 billion, versus the consensus of $6.48 billion. SPLS shares dropped 2.07% to close at $20.86 yesterday. Read more from Benzinga's Company news.
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US Stock Futures Up As Investors Await Labor-Market Data, Oil Rises Above $100 Per Barrel
Wednesday, March 2, 2011 - 8:54am | 286US stock futures are higher this morning, as investors are awaiting labor-market data. Crude oil traded above $100 a barrel. Futures on the Dow Jones Industrial Average rose 27 points to 12,049.00 and futures on the S&P 500 stock index gained 3.6 points to 1,304.70. Nasdaq 100 futures gained 5....
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Earnings Scheduled For March 2 (BJ, SPLS, PSS, COST, FL, SIGM, ASNA, JOYG, CPRT, BZ, CSU, DAR)
Wednesday, March 2, 2011 - 5:48am | 323BJ's Wholesale Club Inc (NYSE: BJ) is projected to report its Q4 EPS at $0.92 on revenue of $2.98 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q4 EPS at $0.40 on revenue of $6.48 billion. Collective Brands Inc (NYSE: PSS) is expected to post a Q4 loss at $0.19 per share on...
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Stocks To Watch For March 2 (SPLS, COST, MDR, JOYG, MET)
Wednesday, March 2, 2011 - 5:30am | 218Some of the stocks that may grab investor focus today are: Wall Street expects Staples Inc (NASDAQ: SPLS) to report its Q4 EPS at $0.40 on revenue of $6.48 billion. SPLS shares dropped 2.07% to close at $20.86 yesterday. Analysts are expecting Costco Wholesale Corp (NASDAQ: COST) to have earned $0...
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Mad Money Lightning Round OT: Cramer Is A Seller Of NOK (HK, NOK, SWKS, ARMH, MU, QCOM, BKS)
Tuesday, March 1, 2011 - 8:56pm | 224On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Petrohawk Energy Corporation (NYSE: HK) is a terrific buy. Petrohawk Energy Corporation (HK) fell 4.44% in the regular trading session, and it gained 1.02% in the after hours. Nokia Corporation (ADR) (NYSE: NOK) should be sold, thinks...
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Time To Leave This Watchmaker Behind? (MOV)
Tuesday, March 1, 2011 - 12:33pm | 275Brian Sozzi of Wall Street Strategies is out with a research report on Movado (NYSE: MOV) recent underperformance of its peer group, including Coach (NYSE: COH), and Tiffany (NYSE: TIF). In the note Sozzi talks about how Movado cut off its money-bleeding retail network last year. He notes that...
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PetSmart Reports Q4 EPS of $0.77 vs. $0.74
Tuesday, March 1, 2011 - 10:04am | 77PetSmart, Inc. (NASDAQ: PETM) today reported financial results for the fourth quarter. For the quarter, earnings per share were up 26% to $0.77. Comparable store sales, or sales in stores open at least a year, grew 6.3%, benefitting from comparable transactions growth of 4.4%. Total sales for the...
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Option Strategies to Consider When Implied Volatility Relatively Low 02-28-2011
Monday, February 28, 2011 - 7:57pm | 852Cusick's Corner The grind continues. If you are bullish and either raised cash from taking profits or just have some capital on the sidelines, what strategies could you consider? First take a look at implied volatility by going to the oX Volatility View and Chains. Overall market volatility is...