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ThinkEquity Opens HIBB With Buy
Thursday, July 22, 2010 - 6:12am | 52Analysts at ThinkEquity Partners initiate coverage of Hibbett Sports Inc (NASDAQ: HIBB) with a "buy" rating. The target price for HIBB is set to $16. HIBB’s shares fell 0.16% to close at $24.85 yesterday. More Analyst Ratings here
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Susquehanna Financial Group Hires Gary Nachman as Senior Analyst to Cover the Specialty Pharmaceuticals Sector
Tuesday, July 20, 2010 - 1:27pm | 564Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), announced today that Gary Nachman has joined the firm as the Senior Analyst covering the Specialty Pharmaceuticals sector. Mr. Nachman, whose coverage will...
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Amazon.com E-Reader Sales Leap: The Death Of Print
Tuesday, July 20, 2010 - 8:58am | 209Print, which has been on the heart and lung machine for more than a decade, may finally be ready to give up the ghost. Many analysts thought newspapers and magazines would be the first to succumb to the digital age. New data from Amazon.com (Nasdaq: AMZN) says otherwise. The huge e-commerce company...
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Top Performing Industries For July 19 (EDMC, HAL, PXLW, BBW)
Monday, July 19, 2010 - 2:04pm | 199At 1:39 pm, the Dow gained 0.18% to 10,115.61, the broader Standard & Poor's 500 index moved up 0.11% to 1,066.07 and the NASDAQ composite index rose 0.15% to 2,182.29. The industries that are driving the market today are: Education & Training Services: This industry jumped 4.73% by 1:39 pm...
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Office Depot Opens First of 14 LEED CI Certified Stores
Monday, July 19, 2010 - 7:30am | 161Office Depot (NYSE: ODP), opened its first Leadership in Energy and Environmental Design (LEED) for Commercial Interiors (CI) registered store today at 2 p.m. Office Depot expects the store to be certified a few months after opening. As part of a ribbon-cutting ceremony, the Office Depot Foundation...
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Downward Slope Still in Place 07-16-2010
Friday, July 16, 2010 - 7:06pm | 773Cusick’s Corner The market affirmed today that the downward slope is still in place with no bounce into the After Hours. Folks, this is a traders market. This move today was based on higher volume and involved a larger number of sectors on the downside. We again want to see if the 1050-1040...
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A Peek Into The Market Before The Opening Bell
Tuesday, July 13, 2010 - 9:09am | 473Pre-open movers US stock futures moved up today as investor sentiments improved after Alcoa (NYSE: AA) announced positive results for the second quarter. While futures on the Dow Jones Industrial Average gained 53 points to 10234, those on the S&P 500 moved up 7.1 points to 1083.7. Meanwhile,...
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Borders Group Agrees to Sell Paperchase Products Limited for $31M
Tuesday, July 13, 2010 - 8:21am | 126Borders Group (NYSE: BGP) today announced that the company has entered into an agreement to sell Paperchase Products Limited to Primary Capital Limited, a leading U.K.-based private equity firm. Paperchase, a wholly-owned subsidiary of Borders Group, is a retailer of stationery, cards and gifts...
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Top Stock Picks Of The Month (GOOG, BRK, TSCO)
Monday, July 12, 2010 - 6:22am | 440Google’s (NASDAQ: GOOG) license to operate its website in China has recently been renewed. On the same day, analyst Clayton Moran of Benchmark Co reiterated his “buy” rating on GOOG’s stock. He also maintained his price target for Google, owner of the world's most-used search engine, at $600. In...
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Top Performing Industries For July 9 (CDE, MON, EGO, BBW)
Friday, July 9, 2010 - 11:21am | 215At 10:53 am, the Dow gained 0.22% to 10,160.94, the broader Standard & Poor's 500 index moved up 0.24% to 1,072.81 and the NASDAQ composite index rose 0.39% to 2,183.98. The industries that are driving the market today are: Silver: This industry jumped 3.03% by 10:53 am. The top stock within...
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Mid-Day Market Movers (PERF, KSP, BSET, LOGC)
Friday, July 9, 2010 - 11:11am | 138Perfumania Holdings Inc (NASDAQ: PERF) jumped 23.35% to $11.99. PERF reported a 5.2% y/y rise in its June comparable store sales. K-Sea Transportation Partners LP (NYSE: KSP) shares surged 20.32% to $6.10. One of KSP’s wholly-owned subsidiaries has amended a credit agreement with its lenders....
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BGFV Falls On Lowered Q2 Guidance
Friday, July 9, 2010 - 10:43am | 75Shares of Big 5 Sporting Goods Corporation (NASDAQ: BGFV) dropped after the El Segundo, California-based company reduced its Q2 earnings outlook due to slow economic recovery and cold weather in West Coast. BGFV’s shares have fallen 29.64% year-to-date and moved down 8.60% over the previous week....
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Benzinga’s Top Pre-Market Losers (CPTS, BIDU, MSG, BGFV)
Friday, July 9, 2010 - 9:06am | 156Conceptus Inc (NASDAQ: CPTS) dipped 24% to $12 in the pre-market session. CPTS has narrowed its Q2 and FY10 guidance due to strength in the US dollar. Baidu Inc (NASDAQ: BIDU) lost 5.58% to $68.39 in the pre-market session. BIDU dropped after Beijing renewed the license, which allows Google Inc (...
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Calls Purchased Barnes & Noble (BKS)
Thursday, July 8, 2010 - 2:59pm | 118Shares of Barnes & Noble Inc. (NYSE: BKS) are higher on the session by 0.56%, currently trading at $12.59. The stock has been trading largely lower over the past six months and is far below both the 50-day and 200-day moving averages. Options traders are buying calls on the stock today. The...
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Benzinga’s Volume Movers (TSCO, LIFE, WDFC, MDRX)
Thursday, July 8, 2010 - 11:58am | 166Tractor Supply Company (NASDAQ: TSCO) shares gained 3.09% to $65.73 at 11:29 am. The volume of TSCO shares traded was 185% higher than normal. TSCO has raised its forecasts for 2010 due to favorable weather conditions. Life Technologies Corporation (NASDAQ: LIFE) shares jumped 2.34% to $46.80. The...