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Euro Slide Holds Markets Back
Wednesday, December 15, 2010 - 3:35pm | 251The Dow inched higher and attempted to close at fresh two-year highs Wednesday afternoon, but the S&P 500 lagged behind as the euro tumbled in the wake of Moody's threatening to downgrade Spain's credit rating. Today's Markets As of 2:04 p.m. ET, the Dow Jones Industrial Average rose 21.84...
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Stocks Shake Off Spain Fears
Wednesday, December 15, 2010 - 12:12pm | 214After opening amid tentatively, Wall Street ticked higher Wednesday morning as the bulls look to wave off concerns about Spain's credit rating and instead focus on improving economic indicators. Today's Markets As of 10:35 a.m. ET, the Dow Jones Industrial Average rose 25.77 points, or 0.22%, to...
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Earnings Scorecard: Costco - Analyst Blog
Wednesday, December 15, 2010 - 12:03pm | 1005Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted better-than-expected first-quarter 2011 results. Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent...
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Earnings Scorecard: Costco - Analyst Blog
Wednesday, December 15, 2010 - 11:45am | 1005Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted better-than-expected first-quarter 2011 results. Street analysts had nearly a week to ponder on the news. In the paragraphs that follow, we cover the recent earnings announcement, subsequent...
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Teradata Widens Wal-Mart Agreement (TDC, WMT)
Wednesday, December 15, 2010 - 10:43am | 56Teradata (NYSE: TDC) announced an agreement to broaden its partnership with Walmart (NYSE: WMT). The agreement includes an upgrade and expansion of Walmart's data warehouse environment to provide next-generation capabilities. Shares of TDC are down 3 cents in early trading to $42.42.
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Teradata Renews Partnership With Walmart
Wednesday, December 15, 2010 - 10:12am | 68Teradata Corporation (NYSE: TDC) today announced an agreement to broaden its partnership with Walmart (NYSE: WMT). The agreement includes an upgrade and expansion of Walmart's data warehouse environment to provide next-generation capabilities. The Teradata technology will offer an expected 50...
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Brian Sozzi Downgrades Wal-Mart (WMT)
Wednesday, December 15, 2010 - 8:59am | 48Brian Sozzi tweeted that he downgraded Wal-Mart (NYSE: WMT) to Sell this morning. Sozzi says it's a short term call on the stock. Shares of WMT gained 24 cents yesterday to close at $54.45.
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Fast Money Picks For December 15th (CVC, PBR, WMT, SJM)
Tuesday, December 14, 2010 - 7:41pm | 183On CNBC's Fast Money, Brian Kelly recommended a long position in Wal-Mart Stores, Inc. (NYSE: WMT). Wal-Mart Stores, Inc. (WMT) gained 0.44% today, and closed at $54.45. Tim Seymour thinks that Petroleo Brasileiro SA (ADR) (NYSE: PBR) is a buy. Petroleo Brasileiro SA (ADR) (PBR) gained 0.41%, and...
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Barclay's Michael Lasser Says Best Buy Losing Share To Discount Retailers (BBY, TGT, WMT, RSH)
Tuesday, December 14, 2010 - 4:27pm | 69Barclay's Michael Lasser on CNBC today says Best Buy (NYSE: BBY) is losing share to discount retailers. Possible discount competitors to Best Buy include names like Target (NYSE: TGT), Wal-Mart (NYSE: WMT), and even Radioshack (NYSE: RSH).
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Best Buy Misses, Lowers Outlook - Analyst Blog
Tuesday, December 14, 2010 - 11:33am | 704Best Buy Company, Inc. (BBY) posted lower-than-expected third-quarter 2011 results and lowered its full year outlook, sending shares down $6.05 or 14.5% to $35.65 in pre-market trading. The quarterly earnings of 54 cents a share missed the Zacks Consensus Estimate of 60 cents, but rose marginally...
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Best Buy Misses, Lowers Outlook - Analyst Blog
Tuesday, December 14, 2010 - 10:58am | 704Best Buy Company, Inc. (BBY) posted lower-than-expected third-quarter 2011 results and lowered its full year outlook, sending shares down $6.05 or 14.5% to $35.65 in pre-market trading. The quarterly earnings of 54 cents a share missed the Zacks Consensus Estimate of 60 cents, but rose marginally...
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Zings Of The Day (GAP, WMT)
Monday, December 13, 2010 - 5:01pm | 86A&P (NYSE: GAP) filed for bankruptcy over the weekend, as reported in the Wall Street Journal. If I purchase some debt, can I get free food shopping? Wal-Mart (NYSE: WMT) shut its Russian business offices, citing no acquisition targets in the country. In Soviet Russia, acquisition targets you.
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PriceSmart Up On Strong Volume
Monday, December 13, 2010 - 12:15pm | 106PriceSmart, Inc. (NASDAQ: PSMT) is up 2% today, on heavy volume. The average daily volume in the name is just over 73,000 shares, and 105 minutes into trading, it's already traded over 76,000 shares. This could potentially mean that institutions are moving into this name, or perhaps a major...
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Benzinga's Volume Movers (DNEX, LULU, MIPS, PSMT)
Monday, December 13, 2010 - 11:48am | 175Dionex Corporation (NASDAQ: DNEX) shares moved up 20.30% to $118.10 at 10:46 am. The volume of DNEX shares traded was 2404% higher than normal. Thermo Fisher Scientific Inc (NYSE: TMO) announced its plans to buy DNEX for $2.1 billion, or $118.50 per share in cash, representing a 20.7% premium over...
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News Summary (TMO, DNEX, WMT, DELL, CML)
Monday, December 13, 2010 - 10:42am | 224Thermo Fisher Scientific Inc (NYSE: TMO) announced its plans to buy Dionex Corp (NASDAQ: DNEX) for $2.1 billion, or $118.50 per share in cash, representing a 20.7% premium over DNEX's closing price on Friday. The deal is likely to close in the first quarter of 2011. DNEX shares surged about 20%...