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Zacks Bull and Bear of the Day Highlights: eBay, Range Resources, Wal-Mart, Big Lots and Kroger - Press Releases
Friday, November 5, 2010 - 12:24pm | 1830For Immediate Release Chicago, IL – November 5, 2010 – Zacks Equity Research highlights eBay (EBAY) as the Bull of the Day and Range Resources (RRC) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wal-Mart (WMT), Big Lots (BIG) and Kroger(KR). Full analysis of all...
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Citigroup Raises BJ's Wholesale Club Estimates; Introduces 2013 And 2014
Friday, November 5, 2010 - 9:43am | 105BJ's Wholesale Club, Inc.'s (NYSE: BJ) October results reflect merchandise comparable club sales of +2.2% and higher gasoline sales of +1.5%, Citigroup reports. “Excluding sales of gas, traffic increased by approx. 2% in October, and the average transaction amount was approx. flat to last year,”...
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Citigroup Introduces Costco F2014 EPS
Friday, November 5, 2010 - 9:42am | 87In a report released this morning regarding same store sales, Citigroup said that gasoline inflation positively impacted Costco Wholesale Corporation's (NASDAQ: COST) SSS by +80 bps, and FX benefited SSS by +100 bps. “Traffic rose a little less than 5% in October, vs. 4.3% in September, and the...
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What's Hot on TheStreet
Thursday, November 4, 2010 - 11:49am | 253Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Wal-Mart, the Business Phone Company I didn't see this one coming: Wal-Mart (NYSE: WMT), the nation's largest retailer, has become a legitimate choice for smaller shops trying manage the royal headache that is...
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BJ'S Wholesale Club October Sales up 3.7%
Thursday, November 4, 2010 - 8:40am | 81BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for October 2010 increased by 6.3% to $812.7 million from $764.7 million in October 2009. On a comparable club basis, sales for October 2010 increased by 3.7%, including a contribution of 1.5% from sales of gasoline. Excluding gasoline...
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Wal-Mart Interested In Indonesia Assets
Thursday, November 4, 2010 - 1:09am | 146Wal-Mart (NYSE: WMT), the world's largest retailer, is among the parties interested in Indonesian retailer Matahari's hypermarket operations in a deal that could be worth up to $1 billion. The Dow component is expected to square of against private equity titan Carlyle Group and South Korea's Lotte...
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Gilford Securities Reiterates Buy Rating on Walmart (WMT)
Wednesday, November 3, 2010 - 3:28pm | 218Gilford Securities is out with a research report this afternoon, where it reiterates its Buy rating on Walmart (NYSE: WMT); it has price target range of $65.00-$70.00. The GS analysts said that the stock could see EPS growth and margin expansion lift shares due to the following reasons: 1. “A new...
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Deferred Maintenance is a Bear
Wednesday, November 3, 2010 - 12:32pm | 1235Anybody who has ever owned a home or commercial building knows about deferred maintenance. It's all the things that need to be done to keep a property 'up to snuff' - and many owners hate to do it. Homeowners are constantly looking for ways to save money...
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Deferred Maintenance is a Bear
Wednesday, November 3, 2010 - 12:32pm | 1235Anybody who has ever owned a home or commercial building knows about deferred maintenance. It's all the things that need to be done to keep a property 'up to snuff' - and many owners hate to do it. Homeowners are constantly looking for ways to save money...
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Wal-Mart Starting Black Friday Sales Early (WMT)
Tuesday, November 2, 2010 - 5:21pm | 65Wal-Mart (NYSE: WMT) has started some of its Black Friday sales early, with some of its biggest deals already up. Wal-Mart closed up 48 cents today to close at $54.79, a gain of nearly 0.9%. To see some of the Black Friday deals, visit the Wal-Mart website here.
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Le Gaga IPO Prices At Top End Of Range
Friday, October 29, 2010 - 5:31am | 128Le Gaga, China's largest vegetable producer, priced its U.S. IPO at the top end of the $7.50-$9.50, which will result in proceeds of $103.3 million from the sale of 10.9 million shares. The shares will start trading on the Nasdaq today under the ticker "GAGA." Le Gaga sells 100 varieties of...
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Option Strategies for Ford Motor (NYSE:F) Watchers
Thursday, October 28, 2010 - 1:19pm | 2271Ford Motor (NYSE:F) remains in solid recovery mode judging by its latest earnings figures announced earlier this week. In the third quarter, F earned 48 cents per share, 10 cents better than analysts were expecting and 22 cents better than the year-ago period. Revenue, however, fell 4.3% year-over...
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Initial and Continuing Claims Fall - Analyst Blog
Thursday, October 28, 2010 - 1:03pm | 1116Initial Claims for Unemployment Insurance fell by 21,000 last week to 435,000, the lowest level since July. The four-week moving average of new claims dropped by 5,500 to 453,250, also the lowest level since July. After peaking in the spring of 2009, claims fell rapidly until the end of the year....
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Home Prices Falling Again - Analyst Blog
Wednesday, October 27, 2010 - 4:33pm | 1785Home prices are falling again. This morning, the Case-Schiller Index data for August (actually a three month average of June, July and August) was released. For the month, on a seasonally adjusted basis, the composite 10 city index (C-10) fell 0.17% while the broader composite 20 (C-20) was down...
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Zacks Analyst Blog Highlights: Ford Motor, Wal-Mart, Darden Restaurants, Weyerhaeuser and Berkshire Hathaway - Press Releases
Wednesday, October 27, 2010 - 3:33pm | 1882For Immediate Release Chicago, IL – October 27, 2010 – Zacks.com Analyst Blog features: Ford Motor Co. (F), Wal-Mart (WMT), Darden Restaurants, (DRI), Weyerhaeuser (WY) and Berkshire Hathaway, (BRK.B ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...