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UPDATE: Staples Reports 36% Surge In Q2 Profit
Wednesday, August 17, 2011 - 6:25am | 93Staples Inc (NASDAQ: SPLS) reported a 36% rise in its fiscal second-quarter profit. Staples' quarterly profit surged to $176.4 million, or $0.25 per share, from $129.8 million, or $0.18 per share, in the year-ago period. Its sales climbed 5.2% to $5.82 billion. Excluding a $21 million tax refund...
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US Stock Futures Flat; Inflation Data In Focus
Wednesday, August 17, 2011 - 6:12am | 528US stock futures are flat this morning, as investors are awaiting inflation data. Futures for the Dow Jones Industrial Average gained 1 point to 11,388.00 and S&P 500 index futures rose 0.50 points to 1,192.80. Nasdaq 100 futures dropped 6.00 points to 2,193.00. US stocks closed lower on...
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Sterne Agee Upgrades Dick's Sporting Goods To Neutral
Wednesday, August 17, 2011 - 6:09am | 21Sterne Agee has upgraded Dick's Sporting Goods (NYSE: DKS) from Sell to Neutral.
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Earnings Scheduled For August 17
Wednesday, August 17, 2011 - 4:19am | 454Limited Brands Inc (NYSE: LTD) is expected to report its Q2 EPS at $0.46 on revenue of $2.44 billion. Staples Inc (NASDAQ: SPLS) is projected to report its Q2 EPS at $0.20 on revenue of $5.65 billion. Deere & Company (NYSE: DE) is estimated to report its FQ3 EPS at $1.67 on revenue of $7.50...
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Stocks To Watch For August 17
Wednesday, August 17, 2011 - 3:47am | 270Some of the stocks that may grab investor focus today are: Wall Street expects Deere & Company (NYSE: DE) to report its FQ3 EPS at $1.67 on revenue of $7.50 billion. Deere shares fell 0.08% to $75.10 in after-hours trading. Dell Inc (NASDAQ: DELL) reported upbeat quarterly profit and lowered...
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Options Brief: Barnes & Noble
Tuesday, August 16, 2011 - 10:39am | 82Shares of Barnes & Noble (NYSE: BKS) are lower on the session by 4.33%, trading at $14.35. Overall call volume is now running at 2.82x the daily average, with 16% of all calls traded being purchases on the offer. 5,374 contracts have traded on the session so far. Barnes & Noble, Inc. is...
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NASDAQ Stocks Hitting 52-Week Lows
Tuesday, August 16, 2011 - 10:02am | 125TORM A/S (NASDAQ: TRMD) shares lost 11.58% to create a new 52-week low of $2.75. TRMD's trailing-twelve-month ROE is -15.75%. Internet Gold Golden Lines Ltd (NASDAQ: IGLD) shares fell 7.23% to touch a new 52-week low of $13.34. IGLD shares have dropped 32.84% over the past 52 weeks, while the S...
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Goldman Sachs Comments on Dick's Sporting Goods
Tuesday, August 16, 2011 - 9:39am | 94Goldman Sachs has published a research report on Dick's Sporting Goods (NYSE: DKS). In the report, Goldman Sachs wrote, "Another tepid top line and lower sales guidance will likely concern investors, but we are intrigued that sales trends accelerated through the quarter; it will be important to...
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Earnings Roundup
Tuesday, August 16, 2011 - 9:22am | 547Home Depot Inc (NYSE: HD) reported a 14% rise in its fiscal-second-quarter net income. Home Depot's quarterly profit surged to $1.36 billion, from $1.19 billion, in the year-ago period. Its earnings per share rose to $0.86 from $0.72. Shares outstanding dropped 5.2% to 1.58 billion. Home Depot's...
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UPDATE: Dick's Sporting Goods Reports 43% Surge In Q2 Net Income, Lifts Forecast
Tuesday, August 16, 2011 - 8:17am | 121Dick's Sporting Goods Inc (NYSE: DKS) reported a 43% rise in its net income for the second quarter. Dick's reported its quarterly earnings at $73.8 million, or $0.59 per share, up from $51.5 million, or $0.43 per share, in the year-ago period. Excluding one-time gain, Dick's earnings came in at $0...
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US Stock Futures Down; Wal-Mart Earnings In Focus
Tuesday, August 16, 2011 - 6:11am | 533US stock futures are lower this morning, as investors are awaiting earnings from Wal-Mart Stores Inc (NYSE: WMT). Futures for the Dow Jones Industrial Average dipped 77 points to 11,326.00 and S&P 500 index futures fell 12.60 points to 1,185.80. Nasdaq 100 futures dropped 23.50 points to 2,183....
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Earnings Scheduled For August 16
Tuesday, August 16, 2011 - 4:19am | 481TJX Companies Inc (The) (NYSE: TJX) is expected to report its Q2 EPS at $0.89 on revenue of $5.44 billion. Home Depot Inc (The) (NYSE: HD) is projected to report its Q2 EPS at $0.83 on revenue of $19.96 billion. Saks Incorporated (NYSE: SKS) is estimated to post a Q2 loss at $0.09 per share on...
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Books-A-Million to Replace Borders in Merrillville, IN
Monday, August 15, 2011 - 1:14pm | 48Books-A-Million, Inc. (NASDAQ: BAMM) will open a new store in Merrillville, Indiana at Westfield Southlake, in a spot formerly occupied by Borders. The Merrillville store, Books-A-Million's 236th nationwide and 6th in Indiana, is tentatively scheduled to open in early fall.
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Calls Purchased on Officemax
Monday, August 15, 2011 - 10:29am | 115Shares of Officemax (NYSE: OMX) are higher on the session by 12.87%, currently trading at $6.49. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Wedbush Reiterates Rating and Price Target on Petsmart
Monday, August 15, 2011 - 8:22am | 106Wedbush has published a research report on PetSmart (NASDAQ: PETM) reiterating rating and price target on the company. In the report, Wedbush wrote, "New products rolled out since Q2:10 include Wellness brand (all-natural pet food and snacks), GNC brand (pet vitamins and supplements), Fisher-Price...