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Stifel Nicolaus Updates 7/20/11
Wednesday, July 20, 2011 - 8:38am | 335Stifel Nicolaus made a number of updates in a research report published today. Corporate Office Properties Trust (NYSE: OFC) had its rating upgraded from Sell to Buy. At the same time, its price target was put to $33. On Tuesday, OFC closed the day at $30.34. Fortinet, Inc. (NASDAQ: FTNT) had its...
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Goldman Sachs Maintains Neutral on The Mosaic Co.
Wednesday, July 20, 2011 - 7:47am | 123Goldman Sachs is out with its report today on The Mosaic Co. (NYSE: MOS), maintaining Neutral. In a note to clients, Goldman Sachs writes, "MOS reported 4Q11 EPS of $1.52 vs. GS/consensus of $1.44/$1.38, driven by stronger potash (K) volumes and margins and in-line Phosphate (P) results. MOS also...
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Jefferies Upgrades Winn-Dixie To Buy, Raises PT To $10.50
Wednesday, July 20, 2011 - 7:46am | 27Jefferies & Company has upgraded Winn-Dixie (NASDAQ: WINN) from Hold to Buy and has raised the price target from $8.50 to $10.50.
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A Peek Into The Market Before The Trading Starts
Wednesday, July 20, 2011 - 7:44am | 375Pre-open movers US stock futures are higher this morning, after strong earnings from Apple Inc (NASDAQ: AAPL). Futures on the Dow Jones Industrial Average surged 65 points to 12,572.00 and futures on the S&P 500 stock index rose 7.40 points to 1,328.60. Nasdaq 100 futures gained 22.75 points to...
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JP Morgan Raises PT On Coca-Cola Company To $80
Wednesday, July 20, 2011 - 7:36am | 27JP Morgan has raised the price target on Coca-Cola Company (NYSE: KO) from $72 to $80 and maintains its Overweight rating.
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UPDATE: Altria Reports 57% Drop In Q2 Net Profit
Wednesday, July 20, 2011 - 7:31am | 96Altria Group Inc (NYSE: MO) reported a 57% decline in its Q2 net profit. Altria's quarterly net profit declined to $444 million, or $0.21 per share, from $1.04 billion, or $0.50 per share, in the year-earlier quarter. Altria's revenue dropped 5.6% to $5.92 billion. Its adjusted earnings gained 6%...
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US Stock Futures Up After Upbeat Earnings From Apple
Wednesday, July 20, 2011 - 6:22am | 552US stock futures are higher this morning, after strong earnings from Apple Inc (NASDAQ: AAPL). Futures on the Dow Jones Industrial Average surged 37 points to 12,544.00 and futures on the S&P 500 stock index rose 5.20 points to 1,326.40. Nasdaq 100 futures gained 19.25 points to 2,408.25. US...
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Earnings Scheduled For July 20
Wednesday, July 20, 2011 - 2:59am | 502Altria Group Inc (NYSE: MO) is expected to report its Q2 EPS at $0.53 on revenue of $4.43 billion. QUALCOMM Incorporated (NASDAQ: QCOM) is projected to report its Q3 EPS at $0.71 on revenue of $3.59 billion. eBay Inc (NASDAQ: EBAY)is projected to report its Q2 EPS at $0.46 on revenue of $2.61...
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Stocks to Watch for Wednesday 7/20/2011: Fresh 52 Week Highs and Lows
Wednesday, July 20, 2011 - 1:51am | 3102Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...
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Malus domestica Produces 07-19-2011
Tuesday, July 19, 2011 - 6:41pm | 973Cusick's Corner AAPL: in the infamous words of Harry Caray, "Holy Cow!" The large cap Tech company blew earnings away and still led with conservative guidance, no surprise, into Q3. While the NASDAQ futures popped, the S&Ps have muted reaction to the After Hours news, further stressing that...
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Benzinga's Top ETF Gainers, July 19th (SOXL, TYH, ZSL, TQQQ)
Tuesday, July 19, 2011 - 6:39pm | 168Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the gainers among the ETFs on Tuesday, with an increase of 9.90%. SOXL closed at $41.08, and it had a volume of 529K traded shares. Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) jumped 8.12% on the strength in the technology...
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Will AAPL Succumb to Gravity? 07-19-2011
Tuesday, July 19, 2011 - 3:21pm | 1030Cusick's Corner GS reports bad numbers, the market goes up -- that is strong. Finance continues to lag the market, but one thing that traders and investors cannot ignore is that when rates do move, money will cycle into this sector. At this stage the conviction is in Tech and traders are waiting...
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Wall Street Strategies Reiterates Buy On Coca-Cola
Tuesday, July 19, 2011 - 3:21pm | 146Wall Street Strategies is out with a research report on Coca-Cola (NYSE: KO) after the company reported earnings this morning. It is reiterating its Buy rating and $74 price target on shares. In the note, WSS writes, "The Company reported that revenues increased 46.7% to $12.73 billion from $8....
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Estee Lauder Hits New 52-Week High at $107.11
Tuesday, July 19, 2011 - 2:55pm | 76Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Estee Lauder (NYSE: EL) are hitting new 52-week highs. Traders...
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Trade Alert: Markets Rally As Fear Fades
Tuesday, July 19, 2011 - 12:14pm | 206The markets are in rally mode as fear is fading around the globe. Earnings are giving investors a fresh reason to buy the markets and the Dollar is dropping. Yesterday, International Business Machines Corp. (NYSE: IBM) reported solid quarterly results. This morning, more great reports emerged from...