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5 Stocks That Struggled This Year (CSCO, JNJ, WMT, BAC, HPQ)
Wednesday, December 29, 2010 - 10:21am | 493This is really a "Dogs of the Dow" column, as Cisco (NASDAQ: CSCO), Johnson & Johnson (NYSE: JNJ), Bank of America (NYSE: BAC), Wal-Mart (NYSE: WMT), and Hewlett-Packard (NYSE: HPQ) are all in the Dow and have done nothing this year, or lost significant value. Cisco was hit hard this year after...
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A Peek Into The Market Before The Trading Starts
Wednesday, December 29, 2010 - 8:57am | 616Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average index gained 13 points to 11,522, while those for the S&P 500 index gained 1.6 points to 1,256. Futures for the Nasdaq 100 index moved up 5.75 points to 2,231. A Peek Into Global Markets...
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Costco's F1Q11 Improved Over Last Year
Tuesday, December 28, 2010 - 8:19am | 164Citigroup has published a research report on Costco Wholesale Corporation (NASDAQ: COST) after the company reported improved F1Q11 earnings results over this time last year. In the report, Citigroup writes "COST reported an improved F1Q11 versus the prior year. However, adverse economic conditions...
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Jo-Ann to be Acquired for $1.6B - Analyst Blog
Monday, December 27, 2010 - 12:03pm | 685Jo-Ann Stores Inc. (JAS), the fabric and craft retailer announced that it will be purchased by an affiliate of private-equity firm, Leonard Green & Partners LP for $61 per share, or $1.6 billion, in cash. The offer price was at a 34% premium to Wednesday's closing price of $45.63. The deal...
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Jo-Ann to be Acquired for $1.6B - Analyst Blog
Monday, December 27, 2010 - 11:45am | 685Jo-Ann Stores Inc. (JAS), the fabric and craft retailer announced that it will be purchased by an affiliate of private-equity firm, Leonard Green & Partners LP for $61 per share, or $1.6 billion, in cash. The offer price was at a 34% premium to Wednesday's closing price of $45.63. The deal...
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5 Stocks For 2011 (JNJ, CAT, DE, GPS, YOKU)
Monday, December 27, 2010 - 10:55am | 486Everyone loves these kind of columns, as traders and investors have been looking to 2011 for a little while now and are beginning to position their portfolios for 2011. 2010 was a very strong year, as government policies and continued monetary policy were very Wall Street friendly, and plenty of...
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Initial Claims: Down or Flat? - Analyst Blog
Thursday, December 23, 2010 - 1:18pm | 2351Initial Claims for Unemployment Insurance fell by 3,000 last week to 420,000 (last week was also revised up by 3,000, so one could see it as unchanged). This was better than the expected level of 425,000. The recent trend in claims has been downward, but the path has been erratic. It still looks...
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Initial Claims: Down or Flat? - Analyst Blog
Thursday, December 23, 2010 - 12:56pm | 2351Initial Claims for Unemployment Insurance fell by 3,000 last week to 420,000 (last week was also revised up by 3,000, so one could see it as unchanged). This was better than the expected level of 425,000. The recent trend in claims has been downward, but the path has been erratic. It still looks...
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Retail Take Over Targets
Thursday, December 23, 2010 - 11:28am | 115TheStreet.com's (NASDAQ: TSCM) Jeanine Poggi writes about 19 takeover targets, in light of news that Jo-Ann Stores (NYSE: JAS) was being acquired by Leonard Green, a major private equity firm for $61 per share in cash. Poggi gives some examples such as Office Depot (NYSE: ODP), Children's Place (...
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5 Stocks For Jobless Claims (TGT, WMT, MO, DEO, BUD)
Thursday, December 23, 2010 - 9:44am | 188Jobless claims for the week ending December 18 were just released and the numbers were a little bit better than expected, with initial claims coming in at 420,000 down 3,000 from last week. Continuing claims fell to 4.064 million from 4.075 million. As less people are out of work and spending...
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Mad Money Lightning Round: Cramer Likes Annaly Capital (ARG, ETP, EPD, NLY, TEVA, MCP, XEL, DSX, COST)
Thursday, December 23, 2010 - 4:40am | 340On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes that the earnings of Airgas (NYSE: ARG) are “going to be good and I'd be a buyer in the morning." For Energy Transfer Partners (NYSE: ETP), he mentioned, "Listen, that's got a 7% yield. This is a great one. I like them...
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Walgreen Tops, Profit Cruises - Analyst Blog
Wednesday, December 22, 2010 - 4:03pm | 871Leading U.S. drug retailer Walgreen Company (WAG) reported first-quarter fiscal 2011 (ended November 30) earnings of 62 cents per share, comfortably beating the Zacks Consensus Estimate of 54 cents while exceeding the year-ago earnings of 49 cents. The year-ago quarter's results include 3 cents...
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Walgreen Tops, Profit Cruises - Analyst Blog
Wednesday, December 22, 2010 - 3:24pm | 871Leading U.S. drug retailer Walgreen Company (WAG) reported first-quarter fiscal 2011 (ended November 30) earnings of 62 cents per share, comfortably beating the Zacks Consensus Estimate of 54 cents while exceeding the year-ago earnings of 49 cents. The year-ago quarter's results include 3 cents...
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Retailers Bloom in Holiday Season - Analyst Blog
Tuesday, December 21, 2010 - 1:03pm | 556November 2010 recorded the fifth straight month of positive sales trends and the retailers are now gearing up for a big week as time counts down to Christmas. The nation's retailers experienced a solid start to the holiday season as consumers opened their wallets and stock up for Christmas....
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Retailers Bloom in Holiday Season - Analyst Blog
Tuesday, December 21, 2010 - 12:30pm | 556November 2010 recorded the fifth straight month of positive sales trends and the retailers are now gearing up for a big week as time counts down to Christmas. The nation's retailers experienced a solid start to the holiday season as consumers opened their wallets and stock up for Christmas....