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Which Bank is Right For You? MyBankTracker Aims to Answer That Question
Friday, July 8, 2011 - 2:22pm | 911If you needed to buy a new TV, what's the first thing that you would do? Go online and search for some information? Read a review? Ask a friend's opinion? Maybe you'd investigate the latest televisions for yourself by visiting Best Buy (NYSE: BBY), Target (NYSE: TGT), Wal-Mart (NYSE: WMT), or some...
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PriceSmart June Comp Warehouse Sales +19.7%
Friday, July 8, 2011 - 7:02am | 76PriceSmart, Inc. (NASDAQ: PSMT) today announced that for the month of June 2011, net warehouse club sales increased 21.1% to $137.9 million, from $113.9 million in June a year earlier. For the ten months ended June 30, 2011, net warehouse club sales increased 22.7% to $1,377.1 million from $1,122.6...
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Stocks to Watch for 07/8/11: Fresh 52 Week Highs and Lows
Thursday, July 7, 2011 - 11:59pm | 2553Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 6:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
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Retail Sales Roundup
Thursday, July 7, 2011 - 9:40am | 423Macy's Inc (NYSE: M) reported a 6.7% rise in its June same-store sales and lifted its estimate of sales for the fiscal second quarter. Macy's total sales in June surged 7.5% to $2.39 billion from $2.23 billion. Analysts were expecting same-store sales to rise 5.1%. Macy's now projects Q2 same-store...
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Benzinga's Volume Movers
Thursday, July 7, 2011 - 9:27am | 147Hi-Tech Pharmacal Co Inc (NASDAQ: HITK) shares surged 5.30% to $30.42 at 10:24 am. The volume of HITK shares traded was 811% higher than normal. HITK reported upbeat Q4 earnings. Nova Measuring Instruments Ltd (NASDAQ: NVMI) shares moved up 5.32% to $11.09. The volume of NVMI shares traded was 332...
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PriceSmart Blows Out Earnings
Thursday, July 7, 2011 - 7:09am | 117If you took the advice yesterday to take a look at the Latin American Costco (NASDAQ: COST), you would be a very happy shareholder this morning. PriceSmart (NASDAQ: PSMT) reported third quarter earnings of 51 cents per share on $431.1 million, versus estimates of 46 cents per share on $390.6...
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News Summary for July 7, 2011
Thursday, July 7, 2011 - 7:07am | 463This is your Benzinga news summary and traders' outlook for Thursday, July 7, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures and the U.S. dollar are trading slightly higher as traders wait for employment data...
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A Peek Into The Market Before The Trading Starts
Thursday, July 7, 2011 - 6:23am | 369Pre-open movers US stock futures are higher this morning, as investors are awaiting same-store sales from retailers, employment data and an interest-rate decision from the ECB. Futures on the Dow Jones Industrial Average surged 29 points to 12,598.00 and futures on the S&P 500 stock index rose...
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Costco Reports 14% Rise In June Same-Store Sales
Thursday, July 7, 2011 - 4:41am | 97Costco Wholesale Corp (NASDAQ: COST) reported a 14% rise in its June sales at stores open at least a year. Costco's total sales for the five-week period ending July 3 surged 18% to $8.69 billion. Its US same-store sales climbed 12%, while growth at the international business came in at 18%....
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Pilgrim's Pride: Will 2012 Be the Year of the Chicken?
Wednesday, July 6, 2011 - 11:21am | 824By Justin Rohrlich After a major restructuring, one money manager believes the country's second-largest poultry producer is ready to run. As investors got spooked by the equity markets, many sought safety in commodities. The tremendous run-ups in everything from corn to gold has money manager...
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Time To Look At The Latin American Costco?
Wednesday, July 6, 2011 - 9:58am | 549PriceSmart Inc. (NASDAQ: PSMT) shares are trading at a new 52 week high, as the company has continued to expand its presence into new countries in Latin America. PriceSmart, which is similar to Costco (NASDAQ: COST), BJ's Wholesale (NYSE: BJ) and Sam's Club, is a membership-based retail chain, and...
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NASDAQ Stocks Hitting 52-Week Highs
Wednesday, July 6, 2011 - 9:15am | 127PriceSmart Inc (NASDAQ: PSMT) shares rose 1.01% to create a new 52-week high of $54.16. PSMT's trailing-twelve-month ROE is 17.52%. Magma Design Automation Inc (NASDAQ: LAVA) shares gained 2.18% to create a new 52-week high of $8.42. LAVA shares have jumped 175.43% over the past 52 weeks, while...
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How To Trade Today's ISM Services
Wednesday, July 6, 2011 - 8:28am | 452Today the ISM Services index is scheduled to be released at 10:00 a.m. for June, and economists are expecting the reading to come in below May's reading, but still indicate expansion. Economists expect a reading of 54.0, which is down slightly from May's reading of 54.6, but it still indicates...
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Coach and Bed Bath & Beyond to Open Near 52-Week Highs
Tuesday, July 5, 2011 - 8:12am | 275Coach (NYSE: COH) and Bed Bath & Beyond (NASDAQ: BBBY) reached new 52-week highs of $66.14 and $59.52 per share, respectively, in Friday's trading session. Coach has been buying back shares and it posted strong quarterly results in April, due in part to strong direct-to-consumer sales, as well...