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Borders Group Names Scott Henry Executive VP, CFO
Monday, October 18, 2010 - 9:47am | 471Borders Group, Inc. (NYSE: BGP) announced it has appointed Scott Henry Executive Vice President and Chief Financial Officer, effective today. He reports to Mike Edwards, President of Borders Group, Inc. and President and CEO of Borders, Inc. Henry, 45, is a seasoned executive who brings more than...
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Top Performing Industries For October 14 (ALAN, BBW, EXK, TM)
Thursday, October 14, 2010 - 10:55am | 235At 10:33 am, the Dow lost 0.04% to 11,091.62, the broader Standard & Poor's 500 index moved down 0.13% to 1,176.59 and the NASDAQ composite index fell 0.01% to 2,441.03. The industries that are still afloat in the market today are: Data Storage Devices: This industry jumped 3.12% by 10:33 am....
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Ravi K. Saligram Appointed As President & CEO Of OfficeMax; Private Value Remains High
Thursday, October 14, 2010 - 8:40am | 198J.P. Morgan is reporting that OfficeMax, Inc. (NYSE: OMX) has announced that Ravi K. Saligram will become the company's new president & CEO, effective Nov 8th. Mr. Saligram will replace Sam Duncan, who will step down as chairman, president & CEO, and director effective Nov 7th. “We believe...
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West Marine Reports a 2.6% Increase in Net Revenues
Thursday, October 14, 2010 - 8:02am | 96West Marine, Inc. (Nasdaq: WMAR) today reported net revenues for its 13-week 2010 fiscal third quarter ended October 2, 2010 of $172.6 million, an increase of $4.4 million, or 2.6%, from net revenues of $168.2 million a year ago. Comparable store sales increased 3.7% or $5.2 million. Revenues from...
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Winmark Corporation Announces Improved Third Quarter Results
Wednesday, October 13, 2010 - 12:32pm | 64Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended September 25, 2010 of $2,690,000, or $.51 per share diluted, compared to net income of $1,779,500, or $.33 per share diluted, in 2009. For the nine months ended September 25, 2010, net income was $7,209,800, or $1....
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Calls Purchased on Staples, Inc. (SPLS)
Wednesday, October 13, 2010 - 12:22pm | 133Shares of Staples, Inc. (NASDAQ: SPLS) are higher on the session by 0.48%, currently trading at $20.80. The stock has been moving largely lower over the past six months, off from a recent high near $25.00. Options traders are buying calls on the name today. A short while ago the November $22.00...
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Barnes & Noble Announces Certified Results of Annual Meeting
Wednesday, October 13, 2010 - 10:37am | 183Barnes & Noble, Inc. (NYSE: BKS) today announced that IVS Associates, Inc., the independent inspector of elections, has certified the final voting results for the Company's Annual Meeting, which was held on September 28, 2010. Based on the certified results, approximately 52.5% of the shares...
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Gilford Reiterates Buy Rating On DRJ
Wednesday, October 13, 2010 - 10:04am | 220Gilford Securities has issued a research report on Dreams, Inc. (AMEX: DRJ) reiterating its Buy rating. In the report, Gilford writes "In 2009 Dreams Inc. added JC Penney (NYSE: JCP) and Walmart (NYSE: WMT) to the syndication partner list. Of the two, JC Penney was the better deal despite Walmart's...
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Benzinga's After Hours Gainers (INTC, ALKS, CSCO, CSX, ODP)
Tuesday, October 12, 2010 - 7:22pm | 225A number of prominent stocks are moving higher in the after hours trading session on Tuesday. First up is Intel (NASDAQ: INTC) which reported better than expected earnings after the bell. The company beat Wall Street estimates on both the top and bottom line, and the stock has gained 0.91% to $19....
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Bennett LeBow Discloses 34.8% Stake in Borders Group (BGP)
Tuesday, October 12, 2010 - 5:07pm | 126In an amended 13D filing that was filed after the closing bell today Bennett LeBow disclosed a 34.8% Stake in Borders Group (NYSE: BGP), which is up from 15.53% when previously reported on 6/1. Borders Group, Inc. is an operator of book, music and movie superstores and mall-based bookstores. As of...
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Jo-Ann to Increase Work Force by 15 percent for the Holidays
Tuesday, October 12, 2010 - 10:20am | 87Jo-Ann Fabric and Craft Stores (NYSE: JAS) has announced it will increase its work force by 15% for the holiday season. According to Travis Smith, president and chief operating officer for Jo-Ann, the company is in the process of recruiting for the holidays and anticipates hiring more than 3,000...
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Top Performing Industries For October 7 (BKE, MBND, HAST, EBF)
Thursday, October 7, 2010 - 10:38am | 201At 10:23 am, the Dow gained 0.03% to 10,971.13, the broader Standard & Poor's 500 index moved up 0.05% to 1,160.59 and the NASDAQ composite index rose 0.32% to 2,388.16. The industries that are supporting the market today are: Apparel Stores: This industry jumped 2.08% by 10:23 am. The top...
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Perfumania Retail Sales for September Increased 2.3%
Thursday, October 7, 2010 - 8:28am | 120Perfumania Holdings, Inc. (Nasdaq: PERF) announced today that Perfumania reported total net sales of $21.1 million for the five week fiscal month of September 2010 versus $19.6 million for the five week fiscal month of September 2009. On a year-to-date basis, total net sales were $147.9 million in...
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Staples to Start Selling Amazon Kindle this Sunday
Thursday, October 7, 2010 - 7:56am | 26Staples, Inc. (NASDAQ: SPLS) today announced that Kindle is available in all stores nationwide beginning this Sun., Oct. 10.
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Tandy Leather Factory, Inc. Reports September 2010 Sales Up 8%
Thursday, October 7, 2010 - 7:35am | 244Tandy Leather Factory, Inc. (Nasdaq: TLF) reported today that sales for the month of September were $4.7 million, up 8% from $4.4 million in September 2009. Year to date sales are up 8% to $42.6 million in the current year compared to $39.4 million last year. Retail Leathercraft's sales rose 14% to...