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Coverage Reiterated For Sally Beauty
Tuesday, October 5, 2010 - 10:47am | 29Caris & Company has reiterated its Above Average rating for Sally Beauty (NYSE: SBH) and has raised the price target from $11 to $13.50.
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Benzinga's Top Downgrades (CRNT, MT, BKS, CL)
Tuesday, October 5, 2010 - 7:12am | 142Jefferies downgraded Ceragon Networks Ltd (NASDAQ: CRNT) from "buy" to "hold." CRNT's shares closed at $9.79 yesterday. Ceragon's earnings are likely to drop by 84.93% this year. Deutsche Bank downgraded ArcelorMittal (NYSE: MT) from "buy" to "hold." MT's shares closed at $32.12 yesterday....
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Barnes & Noble Launches Publishing Platform To Rival Amazon's
Monday, October 4, 2010 - 8:53am | 114According to a recent TechCrunch article, Barnes & Noble (NYSE: BKS) launched PubIt!, which is a platform that offers independent publishers and authors a way to digitally distribute their works through BN.com and the Barnes & Noble eBookstore. Amazon.com (NASDAQ: AMZN) has a similar...
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Barnes & Noble Launches Publishing Platform PubIt To Rival Amazon's DTP
Monday, October 4, 2010 - 8:46am | 30Barnes & Noble (NYSE: BKS) Launches Publishing Platform PubIt To Rival Amazon's (Nasdaq: AMZN) DTP
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Sally Beauty Holdings, Inc. Acquires Aerial Company, Inc for $70M
Monday, October 4, 2010 - 8:31am | 127Sally Beauty Holdings, Inc. (NYSE: SBH) announces the acquisition of Aerial Company, Inc. by its subsidiary Beauty Systems Group LLC . The addition of Aerial will extend BSG's distribution reach and breadth of professional beauty product offerings in the Midwest region of the U.S. Sally Beauty...
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How Patty Edwards Went From Journalist To Retail Stock Guru
Friday, October 1, 2010 - 4:23pm | 830In a recent episode of Zing Talk, Benzinga had the opportunity to speak with Patty Edwards, founder of Trutina Financial (Storehouse Partners) and a CNBC contributor. To say that Patty has experience in managing investments would be an understatement, though she has not always had her eye on...
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Market Keeps Chugging Along 10-01-2010
Friday, October 1, 2010 - 3:20pm | 938Cusick's Corner Some readers have told me that I have been posting the same three sentences in the Corner over the past 5 sessions. (Thanks for the insight Dad, and you are right.) The market in general has been defying the odds, just keeps chugging along. What was interesting yesterday was the...
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What's Hot On TheStreet
Friday, October 1, 2010 - 12:37pm | 302Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet BP, Street Titans 'Win' Ig Nobel Awards Executives of Goldman Sachs (NYSE: GS), BP (NYSE: BP), the former financial powerhouse Lehman Brothers, Merril Lynch (NYSE: BAC), Magnetar Capital, and AIG (NYSE: AIG) were...
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Office Depot Gets Contract - Analyst Blog
Thursday, September 30, 2010 - 2:24pm | 657Recently, Office Depot Inc. (ODP), one of the leading suppliers of office products and services, said that it has received a contract for office supplies, from MDU Resources Group Inc. (MDU). The company informed that it has been offering office supplies to MDU Resources since 2004. The businesses...
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Top Performing Industries For September 30 (BBW, HYC, AOI, FFIV)
Thursday, September 30, 2010 - 10:49am | 230At 10:35 am, the Dow gained 0.47% to 10,886.59, the broader Standard & Poor's 500 index moved up 0.61% to 1,151.75 and the NASDAQ composite index rose 0.45% to 2,387.19. The industries that are driving the market today are: Toy & Hobby Stores: This industry jumped 2.35% by 10:35 am. The top...
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Borders Group Special Shareholder's Meeting Adjourned Until September 30
Wednesday, September 29, 2010 - 11:03am | 126Borders Group, Inc. (NYSE: BGP) today announced that it adjourned its special shareholder's meeting scheduled for today, Sept. 29, in order to allow additional time for its shareholders to consider the proposals submitted to them for a vote. The meeting will now be held Sept. 30 at 5 p.m. at the...
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PT Raised For ULTA
Wednesday, September 29, 2010 - 10:19am | 28Oppenheimer has raised the price target for Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) from $30 to $35 and reiterates its Outperform rating.
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Michael W. Barnes Resigns As Fossil's President, Chief Operating Officer And Director
Wednesday, September 29, 2010 - 8:13am | 202Michael W. Barnes has announced his resignation from the post of President, Chief Operating Officer and Director of Fossil Inc (NASDAQ: FOSL), with effect from November 30, 2010. Mr. Barnes will join as the Chief Executive Officer (CEO) of Signet Jewelers Limited (NYSE: SIG). Kosta Kartsotis,...
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Signet Appoints Michael W. Barnes as CEO
Wednesday, September 29, 2010 - 7:34am | 59Signet Jewelers Limited (NYSE: SIG) today announced that it has appointed Michael Barnes as Chief Executive Officer with effect from January 30, 2011. He will join Signet on December 1, 2010 as Chief Executive Officer Designate and will be based in Akron, Ohio. He succeeds Terry Burman who will...
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Top Performing Industries For September 28 (NPD, BBW, BORN, FOSL)
Tuesday, September 28, 2010 - 10:48am | 216At 10:33 am, the Dow lost 0.10% to 10,801.75, the broader Standard & Poor's 500 index moved down 0.29% to 1,138.83 and the NASDAQ composite index fell 0.48% to 2,358.46. The industries that are still afloat in the market today are: Drug Stores: This industry jumped 5.23% by 10:33 am. The top...