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A Great Day For Barnes & Noble (BKS)
Wednesday, September 22, 2010 - 1:45am | 123Barnes & Noble (BKS) surged nearly 10% today amidst bullish options activity. That's a really good day for a company that has been declared dead in the water many times. Shares of Barnes & Noble rose 9.39% to $17.71. Even shares of Borders rose today due to Barnes and Noble's stock rise....
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Bullish MACD for Ulta Salon - Tale of the Tape
Tuesday, September 21, 2010 - 3:33pm | 117Ulta Salon, Cosmetics & Fragrance Inc's (ULTA) MACD indicator has moved into bullish territory with a reading of 1.2582. The Zacks #2 Rank (“Buy”) stock increased more than 1.6% to $28.71 in afternoon trade. The Zacks Consensus Estimate on the company's earnings for year ending January 2011 has...
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Barnes & Noble Founder Len Riggio's Letter to Shareholders
Tuesday, September 21, 2010 - 9:58am | 673Barnes & Noble, Inc. (NYSE: BKS) today announced that Len Riggio, the Company's founder and Chairman sent a letter to Barnes & Noble shareholders in connection with the Company's Annual Meeting on September 28, 2010. The letter provides Mr. Riggio's perspective on Barnes & Noble's...
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Office Depot Small Business Index Reveals Small Businesses Reluctant to Hire
Tuesday, September 21, 2010 - 8:47am | 112Office Depot (NYSE: ODP) today announced the results of the latest Office Depot Small Business Index – a monthly survey commissioned to gauge the economic trends of small businesses in America. According to the latest Office Depot Small Business Index, which surveyed more than 1,000 small business...
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What Does Ron Burkle See In Barnes & Noble?
Tuesday, September 21, 2010 - 7:27am | 345Ron Bukle's fierce battle for Barnes & Noble Inc. (NYSE: BKS) is baffling for many reasons. The biggest mystery is why he is bothering at all. Barnes & Noble's prospects are so bleak that it is hard to see what appeal it would have for anybody, especially a billionaire investor. The...
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Large-Scale Put Sale in Walgreen Company (NYSE:WAG)
Monday, September 20, 2010 - 1:41pm | 1672It appears that an institutional options trader has placed a limited-bullish bet on shares of Walgreen Company (NYSE: WAG) today. The trading weapon of choice is front-month, out-of-the-money puts. The October 27 put has seen 35,000 contracts change hands today, compared to open interest of just...
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Office Depot is Neutral - Analyst Blog
Monday, September 20, 2010 - 12:03pm | 598Office Depot is repositioning itself to keep afloat in a difficult consumer environment. The company is containing costs, closing underperforming stores, reducing exposure to higher dollar-value inventory items, shuttering non-critical distribution facilities, and focusing on providing innovative...
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Keefe, Bruyette & Woods Reiterates Outperform Rating On Nasdaq OMX (NDAQ)
Monday, September 20, 2010 - 11:38am | 153Analysts at Keefe, Bruyette & Woods released a company update on Nasdaq OMX (NASDAQ: OMX). The company will be hosting its analyst day on September 22nd. The analysts wrote, "We expect management hopes to portray to investors the different business mix at NDAQ vs. three years ago, a mix less...
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Top Narrow Based Indexes For September 16 (CCME, FUQI, GOLF)
Thursday, September 16, 2010 - 12:07pm | 208By 11:54 am, the Dow Jones Industrial Average was down 24.48 points, or 0.23%, to 10,548.25, while the broader Standard & Poor's 500 index had lost 5.32 points, or 0.47%. The NASDAQ composite index fell 9.65 points, or 0.42%. Some of the narrow based indexes that are still afloat in the market...
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New Kindle Ads Savage iPad
Wednesday, September 15, 2010 - 9:28am | 188In new ads recently posted on YouTube which may make it to TV, Amazon.com (NASDAQ: AMZN) has savaged the Apple (NASDAQ: AAPL) iPad based both on price and the trouble users have seeing its screen in bright sunlight. The difference in the usefulness of the two devices appears to be small, but it...
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OfficeMax Forecasts Higher Margin - Analyst Blog
Wednesday, September 15, 2010 - 9:06am | 496OfficeMax Inc. (OMX), one of the leading office supplies retailers, now expects third-quarter 2010 adjusted operating income margin to be just above the prior-year quarter principally due to a favorable settlement of sales tax issues. However, excluding these settlements, adjusted operating...
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Retail Industry Outlook - Sept. 2010 - Zacks Analyst Interviews
Tuesday, September 14, 2010 - 7:11pm | 1882The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Retail Industry Outlook - Sept. 2010 - Industry Outlook
Tuesday, September 14, 2010 - 7:11pm | 1882The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Retail Industry Outlook - Sept. 2010 - Industry Outlook
Tuesday, September 14, 2010 - 4:33pm | 1888The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...
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Staples, Inc. Announces Third Quarter 2010 Dividend of $.09
Tuesday, September 14, 2010 - 4:07pm | 45Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.09 per share. The dividend is payable on October 14, 2010, to shareholders of record on September 24, 2010.