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Earnings Preview: Family Dollar - Analyst Blog
Tuesday, January 4, 2011 - 11:39am | 761Family Dollar Stores Inc. (FDO), the operator of the self-service retail discount store chain, is slated to report its first-quarter 2011 financial results before the bell on Wednesday, January 5, 2011. The current Zacks Consensus Estimate for the quarter is 61 cents a share. For the quarter, the...
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Earnings Preview: Family Dollar - Analyst Blog
Tuesday, January 4, 2011 - 11:04am | 761Family Dollar Stores Inc. (FDO), the operator of the self-service retail discount store chain, is slated to report its first-quarter 2011 financial results before the bell on Wednesday, January 5, 2011. The current Zacks Consensus Estimate for the quarter is 61 cents a share. For the quarter, the...
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Could Oil Threaten The Global Recovery? (USO, USL)
Tuesday, January 4, 2011 - 10:38am | 311As oil is near a 27 month high, some are wondering whether it could derail the global economic recovery, as oil continues to move higher. As of last check, oil was slightly down to around $91 per barrel, but the larger moves will be to the upside, and it's only a matter of time before oil hits $100...
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Piper Jaffray Maintains Costco Estimates, Reiterates Overweight Rating
Monday, January 3, 2011 - 9:46am | 113Piper Jaffray is maintaining its Costco Wholesale Corporation (NASDAQ: COST) December comp estimate of +6%-+7%% vs. the consensus mean of ~+6%. “We are assuming a core merchandising comp of ~+5% and combined gas and F/X should provide a tailwind of +2.4%,” Piper Jaffray writes. “However, we note...
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Brian Sozzi Says Take A Look At Shorting Coach and Wal-Mart (COH, WMT)
Friday, December 31, 2010 - 11:29am | 123Brian Sozzi of Wall Street Strategies was just on CNBC and he said, if you like taking risk, that potentially Coach (NYSE: COH) and Wal-Mart (NYSE: WMT) are good shorts here. Sozzi said that he likes Coach's growth story, but he believes valuations are stretched at these levels. Regarding Wal-Mart...
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Stocks To Watch For December 31 (BH, FMMH, PIR, SIAL, BGP, JTX, WMT)
Friday, December 31, 2010 - 3:24am | 296Some of the stocks that may grab investor focus today are: Biglari Holdings Inc (NYSE: BH) raised its offer to purchase all the outstanding shares of Fremont Michigan InsuraCorp Inc (OTC: FMMH) to $31 per share in cash. BH shares fell 0.44% to close at $420.25 yesterday, while FMMH shares lost 1.89...
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Traders on Watch for Potential Short-Term Pullback 12-30-2010
Thursday, December 30, 2010 - 7:59pm | 860Cusick's Corner The market has been in a choppy range and in spite of good economic news, no one seems to be in the mood to expand current positions until we get into the New Year. While the fundamentals demand that you are either long or wrong, this over exuberance of positive sentiment placed...
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Sectors to Watch into 2011 12-30-2010
Thursday, December 30, 2010 - 3:47pm | 974Cusick's Corner With the markets winding down and a lot of year-in-review going on, it is worth pointing out a couple of markets that we need to keep an eye on going into 2011. 1). Currencies: the Dollar and Euro continue to dominate headlines but the Yen needs to be monitored too. The Yen has...
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Market Roundup (BJ, M, JWN, LTD, HPQ, ADBE, AMZN)
Thursday, December 30, 2010 - 1:11pm | 248US retail stocks gained after higher-than-expected fall in the weekly jobless claims. The S&P Retail Index (RLX) rose about 0.31%. According to comScore, online holiday sales in the 56 days through December 26 gained13% to $30.81 billion. The gainers in the list included BJ's Wholesale Club Inc...
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BJ's Wholesale May Face Hostile Bid - Analyst Blog
Thursday, December 30, 2010 - 10:36am | 580The shares of BJ's Wholesale Club Inc. (BJ), a leading warehouse club operator in the United States, rose 7.1% or $3.15 to $47.62 on Wednesday, when speculations of a hostile takeover bid spread across the market. According to the New York Post, a private-equity firm, Leonard Green &...
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Christmas Week Retail Sales Fell 4.1% (WMT, TGT, BBY, BBBY, LTD, M, JCP)
Thursday, December 30, 2010 - 10:03am | 119According to an article from TheStreet.com, retail sales last week fell 4.1% from the prior year, as the giant snowstorm in the Northeast probably cost retailers $1 billion in sales. ShopperTrak, which tracks retail shopping data, said foot traffic data was down 11.2% from a year ago on the day...
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BJ's Wholesale May Face Hostile Bid - Analyst Blog
Thursday, December 30, 2010 - 10:00am | 580The shares of BJ's Wholesale Club Inc. (BJ), a leading warehouse club operator in the United States, rose 7.1% or $3.15 to $47.62 on Wednesday, when speculations of a hostile takeover bid spread across the market. According to the New York Post, a private-equity firm, Leonard Green &...
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The future ain't what it used to be.
Wednesday, December 29, 2010 - 7:12pm | 2332If you are old enough you will recognize the title of this article as a Yogi Berra quote, and I just wanted to give him the credit he deserves. Neils Bohr, the Danish Physicist, who was a major contributor to our understanding of atomic structure once said,”Prediction is very difficult,...
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BJ's Wholesale Club Up 7.1% On Takeover Rumors (BJ)
Wednesday, December 29, 2010 - 4:36pm | 161Shares of BJ's Wholesale Club, Inc. (NYSE: BJ) are trading up 7.1% at $47.64 per share during the Wednesday afternoon trading session. The stock is climbing higher on rumors that it will soon become a takeover target. The day's trading range for shares of BJ's Wholesale Club, Inc has been between $...
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Adding Yield to Your Porfolio - Muni Bonds 12-29-2010
Wednesday, December 29, 2010 - 3:18pm | 915Cusick's Corner Today I want to talk a little about adding yield to your portfolio, specifically municipal bonds. Muni bonds are issued by state and local governments to finance everything from road projects to school construction. Munis, as they are often called, are often not subject to...