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Hibbett Sports (HIBB) EPS Up 56%
Friday, May 21, 2010 - 7:43am | 97Hibbett Sports Inc (Nasdaq: HIBB) released financial results on Friday morning that beat Wall Street estimates. Hibbett Sports Inc reported that its 1st quarter fiscal 2011 earnings were 59 cents per share, up from 38 cents per share a year earlier. Net sales rose 17% to $184.5 million, up from $...
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Puts Are Your Friend (Again) 05-20-2010
Thursday, May 20, 2010 - 3:11pm | 755Cusick’s Corner In markets like these, puts are your friend. The market’s jitters have turned into a barrage of selling in all major sectors. The SPX broke through the 200-Day Simple Moving Average [SMA]. A stock or index trading below the 200-Day SMA is generally considered to be in a downtrend...
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SPLS’ Q1 Results Were Better Than Expected, With Decent Quality
Thursday, May 20, 2010 - 2:18pm | 119Analysts at JP Morgan reiterate their "overweight" rating on Staples (NASDAQ: SPLS). SPLS posted better-than-expected Q1 results, while investors were expecting a “miss in the Q1 results.” The trends in local currency sales improved 100 bps on the international front. SPLS is expecting “LSD sales...
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Puts Sold in Staples Inc.
Thursday, May 20, 2010 - 12:08pm | 111Shares of Staples Inc. (NASDAQ: SPLS) are higher on the session by 1.49% at $21.86, significantly outperforming the overall market. This comes after the company reported better than expected earnings this morning. The stock is still trading below the 50-day and 200-day moving averages though,...
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Company News for May 20, 2010 - Corporate Summary
Thursday, May 20, 2010 - 10:10am | 301• Staples (NASDAQ: SPLS) reported first quarter results one cent better than expected, rising to 28 cents up from 22 cents a year ago on inline revenues of $6.06 billion. The company offered full year guidance of $1.25-$1.33, with consensus views $1.33 • Sears Holdings (NASDAQ: SHLD) bested...
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Tiffany & Co. Raises Dividend (TIF)
Thursday, May 20, 2010 - 9:38am | 76Luxury retailer Tiffany & Co. (NYSE: TIF) has raised its quarterly dividend by 25 percent. The company said the board of directors approved a dividend payout of 25 cents per share, up from 20 cents per share. This is the second time Tiffany has raised its dividend this year. In January the...
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Staples (SPLS) Profit Climbs 32%
Thursday, May 20, 2010 - 7:12am | 121Staples Inc (Nasdaq: SPLS) announced on Thursday morning that it just beat consensus Wall Street estimates. Staples Inc reported that its 1st quarter earnings climbed 32% to $188.8 million, or 26 cents per share, up from $143 million, or 20 cents per share, a year earlier. Excluding special items,...
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Staples’ (SPLS) First-Quarter Profit Up 32%
Thursday, May 20, 2010 - 7:10am | 79Staples, Inc. (NASDAQ: SPLS) reported a 32% increase in its first-quarter profit. The company reported a profit of $188.8 million, or $0.26 per share in its first-quarter, compared with a profit of $143 million, or $0.20 per share reported for the same period last year. Excluding one-time items,...
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Stocks To Watch For May 20 (SPLS, GME, DELL, FL, INTU)
Thursday, May 20, 2010 - 6:41am | 189Some of the stocks that may grab investors focus today are: Wall Street expects Staples (NASDAQ: SPLS) to post an EPS of $0.27 for the first quarter. SPLS dipped 1.87% to close at $21.54 yesterday. GameStop (NYSE: GME) may report an EPS of $0.47 for the first quarter. GME’s shares gained 0.03% to...
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Benzinga's After Hours Decliners (LTD, NTES, PETM)
Wednesday, May 19, 2010 - 6:56pm | 224Among the notable after hours decliners today are Limited Brands (NYSE: LTD), NetEase.com (NASDAQ: NTES), and PetSmart (NASDAQ: PETM). All of these companies reported their quarterly earnings after the closing bell this afternoon. Limited Brands (LTD) reported EPS of $0.25 compared to estimates of...
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Petsmart Report Earnings; Shares Fall After-Hours
Wednesday, May 19, 2010 - 4:24pm | 126Shares of Petsmart Inc. (NASDAQ: PETM) are lower in the after-hours after the company reported earnings that were better than Street estimates. Petsmart said the EPS came in at $0.46 on revenue of $1.4 billion. The Street was looking for $0.43 EPS on revenue of $1.38 billion. The company also...
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Piper Jaffray Upgrades Dick’s Sporting Goods, Inc. (DKS) To Overweight Rating
Wednesday, May 19, 2010 - 10:30am | 83Analysts Mitchell A. Kaiser and Jonathan N. Berg at Piper Jaffray have upgraded Dick’s Sporting Goods, Inc. (NYSE: DKS) from Neutral to Overweight rating. The price target for the company has been raised from $31 to $34. Dick’s Sporting Goods reported its first-quarter results on Tuesday. Analysts...
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Benzinga’s Top Downgrades (WWE, FIS, HAST, BBVA, JCP)
Wednesday, May 19, 2010 - 10:22am | 180World Wrestling Entertainment (NYSE: WWE) was downgraded by Roth Capital from “buy” to “hold.” WWE’s shares closed at $16.98 yesterday. WWE’s quarterly earnings fell 18.58%. SunTrust Robinson Humphrey downgraded Fidelity National Information Services (NYSE: FIS) from “neutral” to “reduce.” FIS’...
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Dick's Sporting Goods (DKS) Beats Estimates, Falls 3.4%
Tuesday, May 18, 2010 - 5:13pm | 137Shares of Dick's Sporting Goods Inc (NYSE: DKS) closed Tuesday trading down 3.44% at $27.50 per share and continued their fall in after hours trading. Volume of 9.6 million shares was 6.4 times the daily average volume of 1.5 million shares. Shares of Dick's Sporting Goods Inc traded between $26.65...
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Barnes & Noble Launches New Promo (BKS)
Tuesday, May 18, 2010 - 4:55pm | 97According to Techcrunch, Barnes & Noble (NYSE: BKS) has launched a new promotional event for its e-book reader. Under the terms of the new promotion, any customer visiting Barnes & Noble would get a free access code. This access code will allow the customer to download a free e-book. The...