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Stocking Stuffers Steal Holiday Gift Spotlight
Thursday, December 23, 2010 - 10:24am | 159(TheStreet) -- Looking for your big gift on Christmas morning, but nothing's under the tree? Check the stocking. As big-ticket items get smaller and small-item holiday spending swells like overstuffed hosiery, the stocking has gone from secondary item hung by the chimney with care to center stage...
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Company News for December 23, 2010 - Corporate Summary
Thursday, December 23, 2010 - 10:02am | 410• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath & Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again...
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Jo-Ann Skyrockets On Deal (JAS)
Thursday, December 23, 2010 - 9:29am | 95Shares of Jo-Ann Stores (NYSE: JAS) are up sharply in pre-market trading, gaining 33.4% to $60.87, a gain of $15.24 after Leonard Green & Partners L.P. announced it was buying the retailer for $61 per share in cash. The company's board unanimously approved the deal, and said it has until...
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Jo-Ann Stores to Be Acquired for $61.00 Per Share in Cash
Thursday, December 23, 2010 - 9:00am | 62Jo-Ann Stores, Inc. (NYSE: JAS) today announced that it has entered into a definitive agreement to be acquired by an affiliate of Leonard Green & Partners, L.P., for a total price of approximately $1.6 billion, or $61.00 per share in cash. The offer price represents a 34% premium to the closing...
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Bed Bath & Beyond Beats Estimate - Analyst Blog
Thursday, December 23, 2010 - 8:30am | 840Bed Bath & Beyond, Inc. (BBBY) reported better-than-expected third-quarter 2010 results on the heels of double-digit growth in sales and higher margins. Earnings rose 28% to 74 cents per share from the year-ago quarter earnings of 58 cents a share and handily surpassed its earnings guidance...
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Bed Bath & Beyond Beats Estimate - Analyst Blog
Thursday, December 23, 2010 - 8:24am | 840Bed Bath & Beyond, Inc. (BBBY) reported better-than-expected third-quarter 2010 results on the heels of double-digit growth in sales and higher margins. Earnings rose 28% to 74 cents per share from the year-ago quarter earnings of 58 cents a share and handily surpassed its earnings guidance...
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Office Depot Shares Climb 6.8% (ODP)
Wednesday, December 22, 2010 - 3:55pm | 139Shares of Office Depot, Inc. (NYSE: ODP) are trading up 6.8% at $5.17 per share during the Wednesday afternoon trading session. The day's trading range for shares of Office Depot, Inc has been between $4.90 and $5.34 per share. Analysts covering Office Depot, Inc. (ODP) stock give it a consensus...
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Office Depot Moving Sharply Higher (ODP)
Wednesday, December 22, 2010 - 2:24pm | 119Office Depot, Inc. (NYSE: ODP) is moving sharply higher today, gaining almost 8.5% after the company announced a new change in control agreement. At last check, volume was exceptionally heavy in the name, which is particularly interesting, given that it's a light trading day. Shares were moving...
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Brian Sozzi Goes Long Buil-A-Bear (BBW)
Wednesday, December 22, 2010 - 1:27pm | 97Brian Sozzi of Wall Street Strategies tweeted that he went long Build-A-Bear Workshop, Inc (NYSE: BBW). Sozzi is looking for a pop into end of the year, based on the traffic he is seeing in the stores. Shares of BBW are off 11 cents to $7.86, a loss of 1.4%. Build-A-Bear Workshop operates as a...
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Excel Trust Acquires Assets - Analyst Blog
Wednesday, December 22, 2010 - 11:03am | 514Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently acquired two shopping centers in California for about $161 million to strengthen its position in the market. The properties purchased included Park West Place – a 739,234 square-foot...
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Excel Trust Acquires Assets - Analyst Blog
Wednesday, December 22, 2010 - 10:45am | 514Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently acquired two shopping centers in California for about $161 million to strengthen its position in the market. The properties purchased included Park West Place – a 739,234 square-foot...
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Options Brief: Build-A-Bear Workshop (BBW)
Tuesday, December 21, 2010 - 3:20pm | 90Shares of Build-A-Bear Workshop (NYSE: BBW) are higher on the session by 1.60%, trading at $7.63. Overall put volume is now running at 9.01x the daily average, with 74% of all puts traded being purchases on the offer. 1,424 contracts have traded on the session so far. Build-A-Bear Workshop, Inc....
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Mike Khouw's Blue Nile (NILE) Trade
Monday, December 20, 2010 - 8:10pm | 210On CNBC's Options Action, Mike Khouw suggested a bearish options strategy in Blue Nile, Inc. (NASDAQ: NILE). This company has a good business, but Mike Khouw believes that NILE is not a good stock to own. It trades 68 times trailing earnings, and 50 times forward earnings. Mike Khouw thinks that...
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Thunder Cloud Stocks
Saturday, December 18, 2010 - 5:11pm | 972Yesterday, Rackspace Hosting (RAX) just announced the purchase of Cloudkick, a private company involved in the creation of web applications for efficient cloud-server management. This will certainly expand the presence of Rackspace in the cloud industry. Last month, Isilon (ISLN) shares jumped over...
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PetSmart Inc. CEO Sells 54,386 Shares of PETM
Friday, December 17, 2010 - 4:47pm | 50In a Form 4 filed earlier today, PetSmart Inc. (NASDAQ: PETM) Officer, Robert Moran, reported that he sold 54,386 shares of PETM on December 16th for an average price of $39.69. The transaction totaled $2,158,727. Mr. Moran owns 133,647 direct shares of PETM. Source: The Washington Service