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News Summary (BKS, DAL, UAUA, AMR)
Tuesday, August 24, 2010 - 11:14am | 180Shares of Barnes & Noble Inc (NYSE: BKS) dipped after the company swung to a higher-than-expected Q1 loss, due to legal expenses and comparable-sales declines at its brick-and-mortar stores. The company has also forecast an unexpected loss for Q2 of FY'11 and lowered its outlook for the year....
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Unusual option activity: Cintas Corp. (CTAS), Dick’s Sporting Goods (DKS), Walgreen Co. (WAG)
Tuesday, August 24, 2010 - 9:07am | 1830The Hotlist, which scans unusual option volume throughout the session, is available to all OptionsHouse customers, including those who sign up for a virtual trading account. For more information on how the Hotlist works, read this article. Cintas Corp. (NASDAQ: CTAS) shares have been consolidating...
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Before The Bell – The Action So Far
Tuesday, August 24, 2010 - 8:02am | 488Stock futures fell on Tuesday ahead of home sales report due today. In addition, fears of a global slowdown prompted traders to sell equities heavily, and the Japanese Yen soaring to 15 year high against the US Dollar added to the southbound futures. Futures on the DOW shed 70 points to 10,087;...
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Earnings Scheduled For August 24 (MDT, BKC, BKS, BIG)
Tuesday, August 24, 2010 - 6:40am | 98Medtronic (NYSE: MDT) is expected to report its Q1 earnings of $0.82 per share. Burger King (NYSE: BKC) may post its Q4 EPS of $0.33. Barnes & Noble (NYSE: BKS) is estimated to report Q1 loss of $0.80 per share. Big Lots Inc (NYSE: BIG) is likely to report its Q2 earnings of $0.47 per share...
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Stocks To Watch For August 24 (FMCN, BKS, BKC, BGP, MDT)
Tuesday, August 24, 2010 - 6:34am | 230Some of the stocks that may grab the investor focus are: After Monday's closing bell, Focus Media Holding Ltd (NASDAQ: FMCN) swung to Q2 net income of $0.17 per American Depositary Share (ADS), from a loss of $0.18 per ADS, in the year-ago period. FMCN’s shares gained 2.54% to $19.01 in after-hours...
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Shorts in Control of Crude 09-23-2010
Monday, August 23, 2010 - 2:58pm | 914Cusick’s Corner The market is doing what it typically does in the last two weeks of August, grind along in a tight range. Unless there is a major headline or a spike in interest (meaning volume), this action could continue for the next few weeks. This does not mean that one should sit back and be...
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What's Hot On TheStreet
Monday, August 23, 2010 - 11:46am | 321Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Hindenburg Omen & Short Selling Hooey Lately there has been a lot of talk that we may be metaphorically standing in Lakehurst, New Jersey in 1937, waiting for the stock market Hindenburg to burst into flames...
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Tiffany & Co. 2Q EPS Preview
Monday, August 23, 2010 - 11:02am | 127Tiffany & Company (NYSE: TIF) is expected to report strong 2Q results due to strong gross margins and solid top line performance, according to Goldman Sachs. Though sales have decelerated since Mother's Day, a +270bps margin gain is expected and diamond prices have been up 17% y/y, while...
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Week Ahead: Retailer Earnings and GDP Revision
Monday, August 23, 2010 - 7:11am | 220Earnings reports from retailers next week are likely to show consumers remain skeptical that an economic turnaround is imminent. As if to emphasize that point, economists expect the second-quarter gross domestic product figure will be revised down to 1.4% growth from 2.4% when the report is issued...
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Hibbett Sports Misses Earnings, Shares Down Sharply (HIBB)
Friday, August 20, 2010 - 2:27pm | 179Shares of Hibbett Sports, Inc. (Nasdaq: HIBB) are down sharply this afternoon after the sporting goods company reported weaker than expected earnings. Shares are down $1.63 to $24.50 on more than three times daily volume. The Birmingham, AL based comapny earned 14 cents a share, after earning 4...
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Staples Has $24 Target At International Strategy & Investment (SPLS)
Friday, August 20, 2010 - 10:48am | 205International Strategy & Investment Group Inc. has a $24 price target and Buy rating on shares of Staples (NASDAQ: SPLS) after the company reported earnings yesterday that were stronger than expected. In the research report, International Strategy & Investment Group Inc. writes, "Looking...
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Before The Bell – A Glimpse Of The Market Today
Friday, August 20, 2010 - 8:36am | 402Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 42 points to 10,193, the S&P 500 futures shed 4.6 points to 1,067, and the NASDAQ futures...
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HIBB’s Q2 Revenue Beats Consensus, Earnings Miss
Friday, August 20, 2010 - 7:49am | 60Hibbett Sports Inc (NASDAQ: HIBB) reports its Q2 EPS at $0.14, as compared to the consensus of $0.16. HIBB’s Q2 revenue came in at $139.8 million, versus the target of $138.46 million. HIBB’s shares lost 1.43% to close at $26.13 yesterday. Read more from Benzinga's Company news.
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US Stock Futures Face Dismal Day Again
Friday, August 20, 2010 - 7:21am | 377Stock futures face another dismal day on Friday following Thursday’s selloff over economic concerns, weaker-than-expected jobless claims data and a negative Philadelphia Fed Index. The DOW futures fell 67 points to 10,271, the S&P 500 futures shed 7.3 points to 1,075.63, and the NASDAQ futures...
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Earnings Scheduled For August 20 (SJM, ANN, HRL, COCO, KIRK, CHMP, MTRX, HIBB)
Friday, August 20, 2010 - 6:10am | 217JM Smucker (NYSE: SJM) is expected to post its FQ3 profit of $0.96 per share on $1.07 billion in revenue. AnnTaylor (NYSE: ANN) is estimated to report its Q2 EPS at $0.33 on revenue of $503.30 million. Hormel Foods Corp (NYSE: HRL) may post its FQ3 earnings of $0.60 per share on $1.67 billion in...