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Stock Market News for September 3, 2010 - Market News
Friday, September 3, 2010 - 9:36am | 1021Stocks added to the gains from the previous session after better-than-expected retail and housing numbers helped boost confidence in the economy. However, caution ahead of today’s monthly payroll data restrained traders from making big moves. As traders chose to play it safe, volume dipped sharply...
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All Eyes on Gov't Payroll Report Tomorrow - Voice of the People
Thursday, September 2, 2010 - 5:42pm | 786Zacks' Voice of the People Highlights user inthemoneystocks: "All Eyes on Gov't Payroll Report Tomorrow" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post All Eyes on Gov't Payroll Report Tomorrow Yesterday the major stock market...
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Reserve Head & Shoulders Pattern in SPX 09-02-2010
Thursday, September 2, 2010 - 2:36pm | 904Cusick’s Corner The bulls are in control and the market from a technical perspective is setting up nicely for a potential challenge of upside resistance, 1100 on the SPX. Right now there is a Reverse Head and Shoulders pattern specifically in the SPX. You can find this formation on the chart --...
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US Stock Futures Remain On The Sidelines
Thursday, September 2, 2010 - 8:53am | 315US stock futures are largely flat on Thursday, after having risen significantly on Wednesday due to improving economic data. Investors are now looking forward to data on the weekly unemployment insurance claims. Futures for the Dow Jones Industrial Average were down 6 points at 10,266, while those...
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Costco Posts Better-Than-Expected Retail Sales (COST)
Thursday, September 2, 2010 - 8:33am | 129Shares of Costco Wholesale Corp. (NASDAQ: COST) are higher in the pre-market by 0.88%, trading at $58.30. The company just reported same store sales for August that beat the Street estimate. COST said that August SSS were positive by 5%; analysts were expecting a 3.6% gain. When factoring in gas...
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Top 4 Stocks In The Discount, Variety Stores Industry With The Highest Dividend Yield (WMT, TGT, PSMT, COST)
Thursday, September 2, 2010 - 5:55am | 123Below are the top discount, variety store stocks on the NYSE and the NASDAQ in terms of dividend yield. Wal-Mart Stores Inc (NYSE: WMT) has a dividend yield of 2.40%. WMT’s shares closed at $51.20 yesterday. Target Corporation (NYSE: TGT) has a dividend yield of 2.00%. TGT’s shares closed at $52.24...
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Walmart Downgraded At Weeden (WMT)
Wednesday, September 1, 2010 - 2:47pm | 47Weeden & Co. is downgrading shares of Wal-Mart Stores, Inc. (NYSE: WMT) to Sell from Buy. Shares of Wal-Mart are higher on the day by $1.09, to trade at $51.23. Volume is light on Wal-Mart, having only traded just over 7 million shares.
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Citigroup Reiterates Buy Rating on Wal-Mart Stores (WMT)
Wednesday, September 1, 2010 - 9:20am | 165Citigroup is out with a research report this morning, where it reiterates its Buy rating on Wal-Mart Stores Inc. (NYSE: WMT); it has a $64.00 price target on the stock. The Citi analysts cited a recent meeting with company management, where management seemed intensely focused on fixing the...
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Zacks Bull and Bear of the Day Highlights: AutoNation, BJ's Wholesale Club, International Paper, Berkshire Hathaway and Winn-Dixie Stores - Press Releases
Wednesday, September 1, 2010 - 9:09am | 1989For Immediate Release Chicago, IL –September 1, 2010 – Zacks Equity Research highlights: AutoNation (AN) as the Bull of the Day and BJ's Wholesale Club (BJ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on International Paper (IP), Berkshire Hathaway (BRK.B) and Winn-...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, September 1, 2010 - 8:33am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: American Eagle Outfitters (AEO) BJ's Wholesale Club, Inc (BJ) CommScope, Inc (CTV) Covance Inc (CVD) Danaos Corp (DAC) View the entire Zacks #5 Rank List. AMER EAGLE OUTF (AEO): Free Stock Analysis Report BJ'S...
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BJ's Wholesale Club (BJ) - Bear of the Day
Wednesday, September 1, 2010 - 2:03am | 168BJ's Wholesale Club (BJ) posted lower-than-expected second-quarter 2010 results. The quarterly earnings of $0.67 per share missed the Zacks Consensus Estimate of $0.73. The company hinted that the quarter has been challenging, as it faced intense competition from supermarket stores trying to grab...
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Target in Neutral Lane - Analyst Blog
Tuesday, August 31, 2010 - 3:12pm | 478Target Corporation’s (TGT) efficient marketing, multi-channel strategy, product innovation, compelling pricing, and new merchandise assortments should help drive comparable-store sales and operating margins in the long term. We expect the company to gain market share and believe that more focus on...
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Jefferies’ Consumer Retail Comps Preview (TGT, KSS, COST, BJ)
Tuesday, August 31, 2010 - 10:34am | 291Jefferies & Company is out with a research report this morning, where it previews the same store sales comps on several of the broadline retailers ahead of their August reports. The analysts said that they continue to favor defensive names and those that have strong growth drivers that are...
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Zacks Bull and Bear of the Day Highlights: Expeditors International, Questar, Wal-Mart, International Business Machines and AT&T - Press Releases
Tuesday, August 31, 2010 - 9:42am | 1935For Immediate Release Chicago, IL –August 31, 2010 – Zacks Equity Research highlights: Expeditors International (EXPD) as the Bull of the Day and Questar (STR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Wal-Mart (WMT), International Business Machines Corp. (IBM...
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Volume is Still Missing 08-30-2010
Monday, August 30, 2010 - 7:06pm | 693Cusick’s Corner Today’s market action was good for traders, but uncertainty and emotion are also high. What’s missing is volume, so you should keep an eye on volume to see if this recent M&A activity pulls in some larger players over this upcoming holiday weekend. Watch Consumer Confidence...