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Walmart to Begin Streaming Video on Walmart.com
Tuesday, July 26, 2011 - 5:59am | 91Users shopping online for DVDs and Blu-ray discs on Walmart.com (NYSE: WMT) will now have the option of buying or renting digital copies of titles that are available as part of the Vudu streaming library. Walmart purchased Vudu 18 months ago. The video can then be accessed either through the...
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Ratchet Back The Risk With These ETFs
Monday, July 25, 2011 - 1:00pm | 644Beta, the measure of a portfolio's risk relative to the broader market, can really be a four-letter word in times like these when the folks in Brussels and Washington, D.C. don't seem to have any idea which end is up. And for better or worse, there are plenty of volatile constituents populating...
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Buying Pricesmart (PSMT)
Saturday, July 23, 2011 - 7:47pm | 415I re-entered a long position in Pricesmart (PSMT) on Friday due to its price action closing out the week. Breaking above $60.50 Friday afternoon was a bullish move on the heals of its 2 week consolidation after a great earnings report: The stock is overbought, which gives me some cause for...
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No Respect: The Rodney Dangerfield of the Investment World
Friday, July 22, 2011 - 5:11pm | 1026Source: Photobucket Ask any average Joe off the street what investment category is at or near record all-time highs, and a good number of them will confidently answer “gold,” as prices recently eclipsed $1,600 per ounce. But of course this makes perfect sense, right? The Fed is printing money...
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Earnings Preview: Analysts Expect Amazon.com Revenue, Earnings to Dip from Previous Quarter
Thursday, July 21, 2011 - 12:12pm | 569Amazon.com (NASDAQ: AMZN) releases its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide to Amazon's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of 37 cents per share and revenues of...
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Credit Card Usage in U.S. Up 10.7% But an Increasing Amount is Going to Basics Like Gas and Food
Thursday, July 21, 2011 - 10:00am | 884Looks like we are celebrating the 1,827th rescue of Greece this morning. The good thing about this story, is it we should have rescues for years to come across the Eurozone - which of course should lead to rally after rally via Bailout Infinity. Coming back to domestic affairs, the increase in...
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Nielsen Signs U.S. Cooperation Agreement with Walmart
Thursday, July 21, 2011 - 7:54am | 100Nielsen (NYSE: NLSN) has signed a cooperation agreement with Walmart (NYSE: WMT) to receive and analyze sales information from Walmart's U.S. stores. The agreement marks Walmart's return to the consumer packaged goods industry's information sharing model. The majority of U.S. food, drug, mass,...
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Walmart to Open up to 300 Stores Serving USDA Food Deserts by 2016
Wednesday, July 20, 2011 - 1:16pm | 78Walmart (NYSE: WMT) announced today that it will open between 275-300 stores serving the Department of Agriculture designated food desert areas between now and 2016. These estimates are based on the company's current real estate plans. These stores, in both urban and rural areas, will provide...
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ETFs For The End Of The NFL Lockout
Monday, July 18, 2011 - 2:16pm | 476While the February through July time period isn't exactly a fertile time of the year for NFL fans, excluding the April draft, 2011 has provided plenty of headlines and drama as NFL's owners and players have been locked in an epic labor battle that has threatened the 2011 season. Of course, this is...
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Wall Street Strategies Reiterates Sell On Wal-Mart, Again
Friday, July 15, 2011 - 12:02pm | 157Wall Street Strategies is reiterating its Sell rating and $50 price target on shares of Wal-Mart (NYSE: WMT). In a note to clients, Wall Street Strategies writes, "For a retail giant (or legend, pick your term) that is basically everywhere in the U.S. and is making strong inroads into the...
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PriceSmart Up 2% On Heavy Volume
Tuesday, July 12, 2011 - 1:51pm | 68PriceSmart, Inc. (NASDAQ: PSMT) shares are soaring today, gaining more than 2% on heavier than normal volume, although shares have been in a flat line since 11 a.m. or so. At last check, shares were trading at $59.00, a gain of $1.31 or 2.27% on just over 300,000 shares. PriceSmart, Inc. owns...
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M&A Lawsuits Skyrocket as Fee-Hungry Law Firms Smell Easy Money
Tuesday, July 12, 2011 - 12:35pm | 135Class-action lawsuits alleging boards of directors fell asleep on the job while signing off on buyouts have become nearly as ubiquitous in today's M&A world as bankers and second-guessers. Within five hours of announcing it reached a $2.8 billion leveraged buyout deal last month, for example,...
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Brian Sozzi Discusses The "13 Week All Stars"
Tuesday, July 12, 2011 - 9:42am | 267Brian Sozzi of Wall Street Strategies is out with a research report on the "13 Week All Stars," a list which has significantly outperformed the indexes. The list includes Quiksilver (NYSE: ZQK), Bebe (NASDAQ: BEBE), Hot Topic (NASDAQ: HOTT), Steve Madden (NASDAQ: SHOO), Lululemon (...
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Wall Street Strategies Reiterates Sell On Wal-Mart
Monday, July 11, 2011 - 12:06pm | 120Wall Street Strategies is out with a research report reiterating its Sell rating and $50 price target on shares of Wal-Mart (NYSE: WMT). In a note to clients, Wall Street Strategies writes, "We continue to maintain a Sell rating on Wal-Mart (WMT) despite the stock trading at 12.5x forward earnings...
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Trending Stocks to Watch This Week
Sunday, July 10, 2011 - 10:38pm | 3980Now you can follow me on Stocktwits and Twitter! Each week I publish stocks to watch for the upcoming week as potential momentum trades or longer-term investments. The stocks below all have a 50k minimum average daily share volume and traded at a 52-week high on strong volume, with a minimum of...