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Karen Finerman Wants To Go Short On Barnes & Noble (BKS)
Wednesday, October 27, 2010 - 7:57pm | 140Karen Finerman said on CNBC's Fast Money that you should take a short position in Barnes & Noble, Inc. (NYSE: BKS) if it trades higher on the positive reviews of its new version of Nook e-reader. She added that although this product looks good it doesn't solve Barnes & Noble's (BKS) main...
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Office Depot Beats Estimate - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 868Office Depot Inc. (ODP) recently posted better-than-expected third-quarter 2010 results. The quarterly earnings of 3 cents a share portrayed a substantial improvement from a loss of 8 cents in the prior-year quarter, and also fared better than the Zacks Consensus Estimate of a one-cent loss. The...
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Stock Market News for October 27, 2010 - Market News
Wednesday, October 27, 2010 - 3:33pm | 1211After a lackadaisical session, stocks closed mostly flat on Tuesday as mixed earnings and economic reports failed to motivate traders. Investors appeared jittery ahead of next week's mid-term elections and a sliding dollar. The blue-chip Dow average gained a little more than 5 points to close at...
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Company News for October 27, 2010 - Corporate Summary
Wednesday, October 27, 2010 - 3:33pm | 726• Procter & Gamble (NYSE: PG) reported fiscal first quarter earnings $0.02 better than expected at $1.02 on a 1.6% revenue gain to $20.1 billion, just below Zacks estimates of $20.2 billion. The company said it sees fiscal 2011 guidance earnings of $3.91 to $4.01 • Whirlpool (NYSE: WHR)...
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Office Depot Falls After Earnings Results (ODP)
Wednesday, October 27, 2010 - 10:44am | 89Shares of Office Depot (NYSE: ODP) are falling after the company reported earnings on Tuesday morning. The company reported net income of $54.29 million, or $0.18 per share, compared to a loss of $412.97 million or $1.51 per share in the year ago period. On an adjusted basis, EPS was $0.03. This...
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Winmark Corporation Announces Cash Dividend of $.02
Wednesday, October 27, 2010 - 9:44am | 60Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a cash dividend to its shareholders. The quarterly dividend of $0.02 per share will be paid on December 1, 2010 to shareholders of record on the close of business on November 10, 2010. Future...
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Goldman Doubtful On NookColor (BKS)
Wednesday, October 27, 2010 - 7:26am | 132Goldman Sachs is out with a research report on Barnes & Noble, Inc. (NYSE: BKS) after the retailer released details of its new e-reader, the NookColor. It has a Sell rating on shares. In the research note, Goldman says, "We question whether the Nook's functionality as a tablet will be...
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Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)
Wednesday, October 27, 2010 - 5:26am | 499Visa Inc (NYSE: V) is projected to post its earnings at $0.95 per share in the fiscal fourth quarter. Public Service Enterprise Group Inc (NYSE: PEG) is likely to report its Q3 profit at $0.96 per share. Dr Pepper Snapple Group Inc (NYSE: DPS) is expected to post its Q3 EPS at $0.60. Procter &...
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Luxury Retailers Hitting New Highs (LUX, TIF, COH)
Tuesday, October 26, 2010 - 11:20am | 111Luxury goods retailers are hitting new highs today on the back of strong earnings from Coach (NYSE: COH). Tiffany & Co. (NYSE: TIF) is up 74 cents to $52.24, a gain of 1.4%. Coach is skyrocketing on the back of a strong earnings report, gaining $4.62 to $49.10, a gain of 10.4%. Luxottica Group...
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Citi Removes DKS From Top Picks Live!
Tuesday, October 26, 2010 - 10:44am | 172Citi removes Dick's Sporting Goods (NYSE: DKS) from Top Picks Live! due to: DKS's stock run, more challenging sales/margin comparisons ahead, and due to less favorable traffic and weather trends in Oct. Citi is encouraged that YTD DKS stock has returned ~+17% vs. S&P's ~+6.1%. In our view,...
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Oppenheimer Positive On Staples (SPLS)
Tuesday, October 26, 2010 - 9:12am | 162Oppenheimer & Co. is positive on Staples, Inc. (NASDAQ: SPLS), as it sees positives from the company, after it reported earnings. It has an Outperform rating, and a $27 price target on shares. In a note to clients, Oppenheimer writes, "We interpret the updated 3Q (Oct.) and new FY11 (Jan. 2012...
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Staples Sees FY 2011 EPS of $1.50 to $1.60
Monday, October 25, 2010 - 4:52pm | 104Staples (NASDAQ: SPLS) FY 2011 outlook: For the full year 2011, the company expects to achieve total company sales growth in the low to mid-single digits, and diluted earnings per share in the range of $1.50 to $1.60. The company expects full year 2011 earnings per share to benefit from the...
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Staples, Inc. Announces Preliminary Third Quarter 2010 Performance; Sees EPS of $0.39 to $0.41.
Monday, October 25, 2010 - 4:47pm | 69Staples, Inc. (Nasdaq: SPLS): For the third quarter ending October 30, 2010, the company expects to achieve diluted earnings per share, on a GAAP basis, in the range of $0.38 to $0.40. Excluding approximately $10 million of pre-tax integration and restructuring expense, or approximately $0.01 per...
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Tractor Supply Beats Estimate - Analyst Blog
Monday, October 25, 2010 - 11:03am | 557Tractor Supply Co. (TSCO), a leading retail farm and ranch store brand, recorded another quarter of good growth. Earnings per share in the third quarter of fiscal 2010 came in at 43 cents a share, which outdid the Zacks Consensus Estimate of 37 cents a share as well as the prior-year quarter...
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Earnings Preview: Office Depot - Analyst Blog
Monday, October 25, 2010 - 10:03am | 779Office Depot Inc. (ODP), one of the leading suppliers of office products and services, is scheduled to report its third-quarter 2010 financial results before the bell on Wednesday, October 27, 2010. The current Zacks Consensus Estimate for the quarter is a loss of 2 cents a share. For the quarter...