-
Piper Jaffray Increases Price Target on Tractor Supply Co. (TSCO)
Thursday, July 8, 2010 - 10:24am | 276Piper Jaffray is out with an analyst note this morning, where it reiterates its Neutral rating on Tractor Supply Co. (NASDAQ: TSCO); it also raised its price target on the stock from $65.00 to $73.00. The Piper Jaffray analysts said, “Positive Pre-Announcement. Yesterday following the market close...
-
NICS Data Positive for Cabelas and Dicks Sporting Goods (CAB, DKS, BGFV)
Thursday, July 8, 2010 - 9:57am | 295Piper Jaffray is out with a research report this morning, where it takes a look at the June NICS (National Instant Criminal Background Check System) data; the 3.9% year over year increase implies an improvement in firearm and ammo sales. The Piper analysts said, “For June, background checks across...
-
Amazon Patent Approval May Cause Trouble For Barnes & Noble
Wednesday, July 7, 2010 - 10:19am | 237Yesterday, Amazon, Inc. (NASDAQ: AMZN) was granted a patent filed in 2006 on e-readers with secondary LCD displays. The patent specifically gives Amazon rights over: "A handheld electronic device comprising: a housing; an electronic paper display disposed in the housing and having a first surface...
-
Benzinga's After Hours Gainers (EXPE, ODP, PFCB, URBN)
Tuesday, July 6, 2010 - 6:06pm | 247Among the stocks that are moving higher in the after hours on Tuesday are Expedia (NASDAQ: EXPE), Office Depot (NYSE: ODP), P.F. Chang's (NASDAQ: PFCB), and Urban Outfitters (NASDAQ: URBN). Expedia (EXPE) has jumped 2.57% to $18.51 in late trading. More than 120,000 EXPE shares have traded hands...
-
Upside Purchased on Tractor Supply (TSCO)
Tuesday, July 6, 2010 - 2:27pm | 138Shares of Tractor Supply Company (NASDAQ: TSCO) are lower on the session by 1.33%, currently trading at $60.65. The stock had been trading sideways for the past three months, but has begun to sell off as of late. The stock is now nearing the 200-day moving average. Options traders are buying calls...
-
Retail Names Continue Slide (BBY, COH, TIF, M)
Tuesday, July 6, 2010 - 1:07pm | 151A string of retail names are getting smashed down despite a small rally in stocks today. The trend in Best Buy (NYSE: BBY), for example, has been straight down after a higher opening. On the day, BBY has fallen 2.36% to $33.06. Shares of luxury retailer Coach, Inc. (NYSE: COH) have lost 2.38% to $...
-
Back To Flash Crash 1,040 (SPX, AA, TIF)
Tuesday, July 6, 2010 - 10:40am | 184With today's rally the S&P 500 (SPX) is up 17 points, or 1.68%, to 1,039.80. Let's round-up and make it an even 1,040, which is conveniently the "Flash Crash" low of May and the low of early June. The market appears to have found a resistance point. However, things are perhaps better than they...
-
Company News for July 6, 2010 - Corporate Summary
Tuesday, July 6, 2010 - 9:36am | 177• According to a senior UAE source, BP (NYSE:BP) is in talks with a number of Middle East and Asian sovereign wealth funds for support as the company tries to stave off takeover bids • JP Morgan (NYSE:JPM) raised its rating on Goldman Sachs (NYSE:GS) from "neutral" to "overweight," and lowered the...
-
Top Ten Retailers Most Likely to Go Bankrupt (GAP, RAD, ZLC, VVTV, BGP)
Friday, July 2, 2010 - 3:37pm | 1442Forbes columnist, Asher Hawkins, came out with an interesting article yesterday regarding the top ten companies most reliant on customer spending. These companies are in such financial straights that, if consumers do not continue to spend, they could be forced to shut their doors. While this may...
-
What's Hot On TheStreet
Friday, July 2, 2010 - 11:14am | 298Here's what Benzinga's reading on our friend, TheStreet. What's Hot On The Street Australia Relents on Super Tax; Miners Up The end to uncertainty over the Australian mining tax is sending shares of mining companies higher on Friday morning. After a long and controversial battle over taxes to be...
-
Blockbuster Plunges After Trading Resumes In The Stock
Friday, July 2, 2010 - 11:08am | 100Blockbuster (NYSE: BBI) has plunged after trading in the company’s stock resumed today. Trading in the stock was halted yesterday afternoon after Blockbuster announced that the New York Stock Exchange (NYSE) may start delisting the stock soon. The company had failed to receive shareholder approval...
-
Company News for July 2, 2010 - Corporate Summary
Friday, July 2, 2010 - 10:10am | 114• For the first time in its corporate history, General Motors' first half China sales beat US sales • Google (NASDAQ:GOOG) said it bought online travel company ITA Software for $700 million • Blockbuster (NYSE:BBI) skipped interest payments as the NYSE moved to delist Class A and B shares,...
-
Another Round of Disappointing Economic News 07-01-2010
Thursday, July 1, 2010 - 6:45pm | 728Cusick’s Corner The market stayed in a tight range this afternoon after a nice bounce from the morning lows, but this is not a market in which you want to be catching falling knives. For you traders, there is a big employment number tomorrow, so I would suggest that you stay disciplined and may...
-
Amazon.com Drops Kindle Price, The E-Reader Wars
Thursday, July 1, 2010 - 8:26am | 146Amazon.com (Nasdaq: AMZN) has already dropped the price of its basic Kindle e-reader by $70 to $189. The moved followed a price cut of Barnes & Noble’s (NYSE: BKS) Nook from $199 to $149 and a similar price cut of the most expensive version of the Nook. Both the Nook and Kindle face competition...
-
Top Performing Industries For June 30 (UAUA, TPGI, BBW, DWSN)
Wednesday, June 30, 2010 - 2:59pm | 223At 11:57 am, the Dow gained 0.36% to 9,905.37, the broader Standard & Poor's 500 index moved up 0.57% to 1,047.22 and the NASDAQ composite index rose 0.75% to 2,151.21. The industries that are driving the market today are: Major Airlines: This industry gained 5.01% by 11:57 am. The top stock...