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Futures Climb After Home Depot Results
Tuesday, August 17, 2010 - 7:47am | 163Stock futures pointed toward a strong open for Tuesday's trading session following positive results out of the retail giants Wal-Mart (NYSE: WMT) and Home Depot (NYSE: HD) and potential M&A activity in the mining sector. As of 7:20 a.m. in New York, the Dow Jones Industrial Average futures...
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US Stock Futures Rise: Retail Giants To Post Earnings
Tuesday, August 17, 2010 - 7:24am | 254Stock futures point to a higher opening on Tuesday, ahead of earnings reports from Wal-Mart Stores (NYSE: WMT) and Saks Inc. (NYSE: SKS), as well as US industrial production data. The Dow futures are up 65 points to 10,338, NASDAQ 100 futures are up 11.75 points to 1,831.75 and the S&P 500...
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WMT Posts Q2 Earnings Above Expectations
Tuesday, August 17, 2010 - 7:16am | 58Wal-Mart Stores Inc (NYSE: WMT) reports its Q2 EPS at $0.97, versus the consensus of $0.96. WMT reports its Q2 revenue at $103 billion, versus the Street view of $105.4 billion. WMT’s shares gained 0.02% to close at $50.41 yesterday. Read more from Benzinga's Company news.
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Earnings Scheduled For August 17 (HD, WMT. SKS, ADI, TJX, ANF)
Tuesday, August 17, 2010 - 5:40am | 169Home Depot Inc (NYSE: HD) is likely to post its Q2 earnings at $0.71 per share on $19.59 billion in revenue. Wal-Mart Stores Inc (NYSE: WMT) may report its Q2 EPS of $0.96 on revenue of $105.63 billion. Saks Inc (NYSE: SKS) is expected to post its Q2 loss at $0.17 per share on $583.91 million in...
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Target Might Be The Bullseye You Need (TGT)
Monday, August 16, 2010 - 1:27pm | 310Big box retailer Target (NYSE: TGT) is set to report earnings on Wednesday, August 18. Analysts are calling for earnings per share of 92 cents on revenues of $15.62 billion. The company should start to see a benefit from back to school shopping, as the store supplies everything from pens, pencils...
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Goldman Sachs Believes Wal-Mart Could Pop On Earnings News (WMT)
Monday, August 16, 2010 - 12:34pm | 153In a company note, Goldman Sachs analysts wrote that Wal-Mart (NYSE: WMT) "could get a lift on 3Q guidance given negative sentiment." Consensus estimates are that WMT will earn $0.97 per share in the third quarter. The company will report earnings tomorrow morning prior to the opening bell. The...
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What's Hot On TheStreet
Monday, August 16, 2010 - 12:15pm | 307Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet BP Oil Spill Winner: Tale of a Little Guy Winners in the BP (NYSE: BP) gulf oil spill crisis are few and far between, but Ron Rybacki is among them. Rybacki owns a BP station at a busy intersection in Charlotte's...
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Expiration Week Earnings Events and Long Straddles
Monday, August 16, 2010 - 9:28am | 1686Before weekly options expanded to include weeklys on individual equities, it was rare for options expiration and corporate earnings reports to fall during the same week. One week, at-the-money (ATM) options have very little time value, obviously, large gamma, and negative theta. With such little...
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WHAT’S ON TAP?
Sunday, August 15, 2010 - 3:33pm | 965For the week of August 16th (in conjunction with Econoday): Earnings will be heavy with retailers this week. We could get a better idea of how well the consumer is handling the difficult economy. In addition we’ll get a number of important economic reports. Let’s take a look at what’s on tap...
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Back to School Stocks (WMT, AAPL, URBN)
Friday, August 13, 2010 - 4:05pm | 380The "Back to School" season is upon us, as college kids and younger kids go back to school. Some of them are already in the process of returning, especially college kids, as they move back into dorms and campus apartments. Investors can take advantage of this trend, as it means increased...
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Earnings Scorecard: RadioShack - Analyst Blog
Friday, August 13, 2010 - 9:40am | 989The future outlook for RadioShack Corp. (RSH) is flat. Second quarter 2010 financial results were mostly in line with Zacks Consensus Estimates. Recent earnings estimate revisions are showing an almost 50-50 swing in both directions. RadioShack continues its solid performance supported by...
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Extended Claims Soar - Analyst Blog
Thursday, August 12, 2010 - 12:10pm | 1328Initial Claims for Unemployment Insurance edged up by 2,000 last week to 484,000. The four-week moving average increased by 14,250 to 473,500. Both are at the high end of the "trading range" that they have been in since the start of the year, which followed a steep drop in the last half of 2009....
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Costco's Sales Rise - Analyst Blog
Thursday, August 12, 2010 - 12:10pm | 557Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted healthy sales data for the four-week period ended August 1, 2010. After a 4% increase in June 2010, Costco’s comparable-store sales for July rose 6%, reflecting comparable sales growth of 4% at...
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What Two Stocks Do Warren Buffett and George Soros Agree On?
Thursday, August 12, 2010 - 12:37am | 315The two top traders/investors are Berkshire Hathaway's (BRK-A) (BRK-B) Warren Buffett and George Soros. Both of these billionaires have been investing in stocks for years, with very successful track records. If you look at the list of stocks that each own, you will find only two that they agree on...
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Option Strategies for Range-Bound Wal-Mart (WMT)
Wednesday, August 11, 2010 - 3:23pm | 1772Wal-Mart (NYSE:WMT) may still encourage its customers to “watch for falling prices,” but they may be harder to find these days. A recent anecdotal study from J.P. Morgan Securities revealed that Wal-Mart has upped the average prices at its stores by about 6% during the past month. Rising fuel...