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CVS Caremark Increases Quarterly Dividend by 43%
Tuesday, January 11, 2011 - 9:02am | 106CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved an increase in its quarterly dividend of approximately 43%, to $0.125 (12.5 cents) per share on the Common Stock of the Corporation, payable February 2, 2011 to holders of record on January 21, 2011. This...
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Graymark Healthcare Signs Five New Provider Contracts
Tuesday, January 11, 2011 - 8:34am | 91Graymark Healthcare, Inc. (Nasdaq: GRMH) signed five additional agreements for its comprehensive sleep medicine services in the fourth quarter of 2010. These new customers bring the aggregate number of signed agreements during the fourth quarter to seven, and a total of 12 for 2010. The locations...
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Rite Aid Reverses SSS Decline - Analyst Blog
Wednesday, January 5, 2011 - 1:33pm | 630Leading drugstore chain operator Rite Aid Corp. (RAD) reported a growth of 0.6% in same-store sales for the four weeks ended December 25, 2010. The company reported a same-store sales increase after 18 consecutive months of decline ever since May 2009, when it had registered positive same-store...
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Rite Aid Reverses SSS Decline - Analyst Blog
Wednesday, January 5, 2011 - 12:45pm | 630Leading drugstore chain operator Rite Aid Corp. (RAD) reported a growth of 0.6% in same-store sales for the four weeks ended December 25, 2010. The company reported a same-store sales increase after 18 consecutive months of decline ever since May 2009, when it had registered positive same-store...
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News Summary
Wednesday, January 5, 2011 - 9:35am | 183Shares of Family Dollar Stores Inc (NYSE: FDO) dropped about 8.7% after the company reported weaker-than-expected Q1 earnings. The company's net income came in at $0.58 per share, up from $0.49 per share, in the year-ago quarter. FDO's sales surged 9.5% y/y to $2 billion. However, analysts were...
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Earnings Scorecard: Walgreen - Analyst Blog
Wednesday, January 5, 2011 - 9:33am | 1097Subsequent to the announcement of Walgreen's (WAG) first quarter of fiscal 2011 results on December 22, 2010, majority of the analysts have raised their estimates for the forthcoming period. Previous Quarter Highlights Walgreenreported first-quarter fiscal 2011 (ended November 30) EPS of 62...
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Earnings Scorecard: Walgreen - Analyst Blog
Wednesday, January 5, 2011 - 9:00am | 1097Subsequent to the announcement of Walgreen's (WAG) first quarter of fiscal 2011 results on December 22, 2010, majority of the analysts have raised their estimates for the forthcoming period. Previous Quarter Highlights Walgreenreported first-quarter fiscal 2011 (ended November 30) EPS of 62...
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Walgreens December Sales Up 7.5 Percent
Wednesday, January 5, 2011 - 8:01am | 81Walgreens (NYSE: WAG) had December sales of $6.81 billion, an increase of 7.5 percent from $6.34 billion for the same month in 2009. Duane Reade stores, acquired in April 2010, contributed 2.5 percentage points to the total sales increase for the month. Sales in comparable stores (those open at...
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US Stock Futures Down As Investors Await ADP Employment Report
Wednesday, January 5, 2011 - 6:39am | 316US stock futures are lower this morning as investors are awaiting ADP jobs data. Futures on the Dow Jones Industrial Average fell 59 points to 11,560.00 and S&P 500 futures dropped 8.10 points to 1,257.20. Futures for the Nasdaq 100 index fell 13 points at 2,232.50. US stock markets closed...
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Investor Alert for Energy Stocks January 3rd; (OTCBB: AAPH), (NASDAQ: IVAN), (AMEX: LEI), (NYSE:GMXR)
Tuesday, January 4, 2011 - 10:41am | 1350Point Roberts, WA � January 4, 2011 (Investorideas.com Newswire) - InvestorIdeas.com, a leader in sector research for investors, including energy stocks, reports on recent news and trading for oil and gas stocks January 3, 2011. Join Investor Ideas Members to access the Renewable Energy stocks...
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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 10:39am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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Company News for January 04, 2011 - Corporate Summary
Tuesday, January 4, 2011 - 10:11am | 852• Goldman Sachs (NYSE:GS) removed Nike (NYSE:NKE) from its Conviction Buy List, but maintained the "buy" rating with a target price of $95 • KBW upgraded SunTrust (NYSE:STI) to "outperform," increasing the target price $33 from $30 • Deutsche Bank (NYSE:DB) lifted its target price of Apple (NASDAQ:...
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News Summary (EQT, MWE, AA, CCL)
Tuesday, January 4, 2011 - 9:34am | 210Shares of EQT Corp (NYSE: EQT) gained about 1.1% after the company agreed to sell its natural gas processing complex in Langley for $230 million to MarkWest Energy Partners LP (NYSE: MWE). The companies are expecting the deal to close in the first quarter. David Porges, EQT's president and chief...
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Rite Aid Reports 0.6 Percent Same Store Sales Increase for December
Tuesday, January 4, 2011 - 8:32am | 110Rite Aid Corporation (NYSE: RAD) today announced sales results for December. Monthly Sales For the four weeks ended December 25, 2010, same store sales increased 0.6 percent over the prior-year period. Front-end same store sales increased 0.1 percent while pharmacy same store sales, which...
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Walgreen Jingle Cash Promo Was Successful, Jefferies Reports
Tuesday, January 4, 2011 - 7:42am | 117Jefferies reports that its proprietary store survey of Walgreen Co. (NYSE: WAG) suggests that the company's Jingle Cash holiday promotion was quite successful. “In fact, 83% of store managers indicated the promotion helped sales,” Jefferies writes. “Our research heading into the holidays revealed...