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This Index Is Flashing a Buy Signal
Friday, December 3, 2010 - 12:59pm | 1147In the five years following the end of the 2001 recession a secret index soared 240 percent. Today, this index indicates that some huge gains in a certain sector of stocks are likely. The gains in small caps could be especially big as they typically outperform...
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This Index Is Flashing a Buy Signal
Friday, December 3, 2010 - 12:59pm | 1147In the five years following the end of the 2001 recession a secret index soared 240 percent. Today, this index indicates that some huge gains in a certain sector of stocks are likely. The gains in small caps could be especially big as they typically outperform...
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Costco Sustains Sales Momentum - Analyst Blog
Friday, December 3, 2010 - 12:12pm | 655Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended November 28, 2010. The company sustained its sales momentum. After a 6% increase in October 2010, Costco's comparable-store sales for November...
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Target Sales Rise - Analyst Blog
Friday, December 3, 2010 - 11:00am | 571Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted better-than-expected sales results for the four-week period ended November 27, 2010, driven by robust traffic count during the month. The company's comparable-store sales...
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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 10:30am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Target Sales Rise - Analyst Blog
Friday, December 3, 2010 - 5:25am | 571Target Corporation (TGT), the operator of general merchandise and food discount stores in the United States, recently posted better-than-expected sales results for the four-week period ended November 27, 2010, driven by robust traffic count during the month. The company's comparable-store sales...
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Stock Market News for December 3, 2010 - Market News
Friday, December 3, 2010 - 5:16am | 1085Stocks advanced for a second straight day as better-than-anticipated retail sales and housing data continued to point toward economic strength. European Central Bank's assertion that it would not abandon its plan to buy government bonds helped contain eurozone worries, helping stocks extend their...
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Holiday Kickoff Helped Retailers
Thursday, December 2, 2010 - 2:13pm | 228Several U.S. retailers reported higher-than-expected sales for November, confirming a strong start to a holiday shopping season that could determine whether the U.S. economic recovery has legs. Not only were there more shoppers on Black Friday -- the annual discount bonanza following U.S....
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Initial Jobless Claims Bounce Back - Analyst Blog
Thursday, December 2, 2010 - 1:31pm | 2244Initial Claims for Unemployment Insurance rose by 26,000 last week to 436,000 (last week was also revised up by 3,000, so one could see it as a 29,000 increase). This was worse than the expected level of 422,000. Last week's big surprise to the downside seems to have been a bit of a mirage. However...
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Kroger Reports in Line - Analyst Blog
Thursday, December 2, 2010 - 12:33pm | 648The Kroger Company (KR), one of the largest grocery retailers, recently posted third-quarter 2010 results. The quarterly earnings of 32 cents a share came in line with the Zacks Consensus Estimate, and jumped 18.5% from 27 cents delivered in the prior-year quarter. The Zacks Consensus Estimate...
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Company News for December 2, 2010 - Corporate Summary
Thursday, December 2, 2010 - 10:54am | 560• PepsiCo (NYSE: PEP) announced plans to acquire a 66% stake in Wimm-Bill-Dann (NYSE: WBD) for $3.8 billion • Toll Brothers (NYSE: TOL) reported fiscal fourth quarter earnings of $0.30 a share that included a tax benefit, versus consensus expectations for a loss of $0.08. Revenues of $402.6 million...
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BJ's Wholesale Club November Sales up 5.0%
Thursday, December 2, 2010 - 9:06am | 54BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for November 2010 increased by 8.0% to $900.1 million from $833.6 million in November 2009. On a comparable club basis, sales for November 2010 increased by 5.0%, including a contribution of 1.2% from sales of gasoline. Excluding...
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Initial Jobless Claims Bounce Back - Analyst Blog
Thursday, December 2, 2010 - 8:10am | 2244Initial Claims for Unemployment Insurance rose by 26,000 last week to 436,000 (last week was also revised up by 3,000, so one could see it as a 29,000 increase). This was worse than the expected level of 422,000. Last week's big surprise to the downside seems to have been a bit of a mirage. However...
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Kroger Reports in Line - Analyst Blog
Thursday, December 2, 2010 - 6:53am | 648The Kroger Company (KR), one of the largest grocery retailers, recently posted third-quarter 2010 results. The quarterly earnings of 32 cents a share came in line with the Zacks Consensus Estimate, and jumped 18.5% from 27 cents delivered in the prior-year quarter. The Zacks Consensus Estimate...
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Company News for December 2, 2010 - Corporate Summary
Thursday, December 2, 2010 - 5:27am | 560• PepsiCo (NYSE: PEP) announced plans to acquire a 66% stake in Wimm-Bill-Dann (NYSE: WBD) for $3.8 billion • Toll Brothers (NYSE: TOL) reported fiscal fourth quarter earnings of $0.30 a share that included a tax benefit, versus consensus expectations for a loss of $0.08. Revenues of $402.6 million...