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Agree Realty Moving On Borders Restructuring (ADC, BGP)
Thursday, January 6, 2011 - 6:52pm | 99Agree Realty Corporation (NYSE: ADC) is sharply higher in after-hours trading, gaining almost 10% on back of news that Borders Group (NYSE: BGP) has hired Jefferies regarding a potential restructuring of the embattled book retailer. Investors were worried earlier in the week that Agree could be...
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Borders Up On Restructuring Note (BGP)
Thursday, January 6, 2011 - 5:32pm | 131Shares of Borders Group (NYSE: BGP) are sharply higher in after hours, gaining more than 20% on news that the company has hired Jefferies to restructure the company. Borders had stopped paying its vendors as it sees to straighten out its finances. Activist investor Bill Ackman has a 37% stake in...
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Borders Up 20%, In Talk With Jefferies & Co. About Restructuring (BGP)
Thursday, January 6, 2011 - 5:23pm | 26Borders Up 20%, In Talk With Jefferies & Co. About Restructuring (NYSE: BGP). At last check shares were trading at $1.07.
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Puts Purchased on Dick's Sporting Goods (DKS)
Thursday, January 6, 2011 - 1:40pm | 129Shares of Dick's Sporting Goods (NYSE: DKS) are lower on the session by 4.01%, currently trading at $35.70. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Barnes & Noble Reports Holiday Sales up 67% yoy
Thursday, January 6, 2011 - 9:32am | 75Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller, today reported strong sales for the nine-week holiday period ending January 1, 2011. In addition, strong device sales helped drive eBook content sales that have significantly exceeded forecasts. Barnes & Noble.com comparable...
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Ulta Announces Holiday Sales of $310.4M
Thursday, January 6, 2011 - 8:42am | 109Ulta Salon, Cosmetics & Fragrance, Inc. (the “Company”) (NASDAQ: ULTA) today announced sales results for the seven-week holiday period from November 14, 2010 to January 1, 2011. This time period corresponds with the Company's holiday marketing initiatives and represents the seven full weeks...
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Zings Of The Day (BGP)
Wednesday, January 5, 2011 - 5:13pm | 56Borders (NYSE: BGP) wants its suppliers to accept delayed IOUs from the company, while it gets its financial books in order. Maybe if someone bought books on financial related matters at Borders, it wouldn't be in this mess.
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Franklin Covey Announces Strong First Quarter Fiscal 2011 Sales of $39.4M
Wednesday, January 5, 2011 - 5:05pm | 85Franklin Covey Co. (NYSE: FC), a global provider of training and consulting services, today announced financial results for its fiscal first quarter ended November 27, 2010. Net sales for the quarter reached $39.4 million, an increase of 23% from $31.9 million reported in the first quarter of the...
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Top Performing Industries For January 5 (BBW, PCLN, MIPS, WBNK)
Wednesday, January 5, 2011 - 11:41am | 202At 10:38 am, the Dow fell 0.14% to 11,674.83, the broader Standard & Poor's 500 index moved down 0.08% to 1,269.22 and the NASDAQ composite index rose 0.12% to 2,684.45. The industries that are supporting the market today are: Toy & Hobby Stores: This industry jumped 2.17% by 10:38 am. The...
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Coach (COH) Bulls Active in Long-Term Calls
Wednesday, January 5, 2011 - 10:49am | 1631Coach handbags may have been popular holiday gifts in December, but Coach stock continues to see its fair share of fans even into the new year. Tuesday afternoon, the January 2013 55-strike calls in Coach saw unusual activity, as more than 10,000 contracts changed hands. Shortly after 1:00 p.m....
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Stock Market News for Jan 5, 2011 - Market News
Wednesday, January 5, 2011 - 10:33am | 1148Markets bid adieu to the surge on the first trading day of the year, as they ended mixed yesterday. Investors took a breather and shrugged off positive economy data on factory orders and better auto sales. Minutes from the Federal Reserve declared continuing support to stimulus measures. Taking...
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Stock Market News for Jan 5, 2011 - Market News
Wednesday, January 5, 2011 - 10:08am | 1148Markets bid adieu to the surge on the first trading day of the year, as they ended mixed yesterday. Investors took a breather and shrugged off positive economy data on factory orders and better auto sales. Minutes from the Federal Reserve declared continuing support to stimulus measures. Taking...
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Earnings Scheduled For January 5 (FC, RT, WOR, RECN, FDO, ZEP, UNF, RELL, SHLM)
Wednesday, January 5, 2011 - 5:42am | 244Franklin Covey Company (NYSE: FC) is expected to report its Q1 EPS at $0.08 on revenue of $38.38 million. Ruby Tuesday Inc (NYSE: RT) is projected to report its FQ2 EPS at $0.05 on revenue of $279.35 million. Worthington Industries Inc (NYSE: WOR) may post its earnings at $0.26 per share on revenue...
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Benzinga's Top Performing Industries (CTRP, HDSN, LVS, WYNN, WBD, DF, NFLX, HAST, ONNN, AMD)
Tuesday, January 4, 2011 - 6:56pm | 233Consumer services industry was the best performing industry on Tuesday, with an increase of 3.09%. Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) spiked 6.85%, and Hudson Technologies, Inc. (NASDAQ: HDSN) added 2.45%. Resorts & Casinos industry continued to move higher. It added 2.69% today...
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Janney Montgomery Cuts Agree Realty To Hold
Tuesday, January 4, 2011 - 1:34pm | 76Janney Montgomery has cut Agree Realty (NYSE: ADC) from Buy to Hold and lowered Agree's price target from $28 to $24. Janney is worried about a potential bankruptcy filing from Borders Group (NYSE: BGP) which is a tenant and some of Agree's retail developments. However, in the past three years,...