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WMT: Number of Rollbacks Down For Latest Week
Wednesday, June 2, 2010 - 3:30pm | 146Analysts at Citigroup reiterate their "buy" rating on Wal-Mart Stores Inc (NYSE: WMT). The target price for WMT is set to $65. The number of rollbacks in Wal-Mart Stores’ Grocery and Health & Wellness have declined week-over-week for the latest week. However, “the average rollback percentage...
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Cramer Thinks That Costco (COST) Is A Better Buy Than BJ's Wholesale Club (BJ)
Wednesday, June 2, 2010 - 2:24pm | 252On CNBC's Mad Money, Jim Cramer compared the recent performance of Costco (NYSE: COST) to the performance of BJ's Wholesale Club (NYSE: BJ). Last year, he made the same comparison and he concluded that, back then, BJ's was the better stock to own. Before you start an analysis of a particular stock...
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Joe Terranova Recommends WMT, JNJ, KFT
Tuesday, June 1, 2010 - 5:48pm | 102Joe Terranova said on CNBC's Fast Money that investors should invest their money in slow growth names. He particularly likes Wal-Mart Stores, Inc. (NYSE: WMT), Johnson & Johnson (NYSE: JNJ) and Kraft Foods Inc. (NYSE: KFT). Wal-Mart Stores (WMT) had a good trading session today. It gained 0....
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Mid-Day Market Movers (JSDA, BMJ, EVVV, WH)
Tuesday, June 1, 2010 - 2:05pm | 182Jones Soda Company (NASDAQ: JSDA) climbed 19.81% to $1.25 by 12:47 pm. JSDA has recently struck a deal with Wal-Mart (NYSE: WMT) to sell its products in the retailer giant’s nearly 3,800 US-based stores. The deal will enhance Jones' total retail outlet distribution by almost 10%. Birks & Mayors...
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May Store Sales To Be Softer With A Pick Up Later In The Month (COST, BJ)
Tuesday, June 1, 2010 - 11:32am | 178Analysts at Jefferies are expecting May sales “to be on or slightly below plan due to unfavorable weather comparisons y-y, but we think there was a late month pick-up as warmer temperatures arrived.” Analysts think “business improved in the last eleven days of the month and we are therefore...
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Goldman Reiterates Bull Case for Wal-Mart (WMT)
Tuesday, June 1, 2010 - 10:14am | 163Goldman Sachs is out with an analyst note this morning that is reiterating their Buy rating on shares of Wal-Mart (NYSE: WMT). They said that they see favorable risk/reward into the company’s shareholder meeting. Goldman analysts said that “Wal-Mart will host its annual shareholders’ meeting on...
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Costco Retains ‘Hold’ Rating (COST, C)
Friday, May 28, 2010 - 1:22pm | 134Costco Wholesale Corp. (NASDAQ: COST) reported its F3Q10 earnings numbers in-line with consensus estimates. Consequently, Citigroup (NYSE: C) has raised its EPS estimates for F2010 and F2011. The company is also consistently improving its MFI growth. Costco (COST) is expected to benefit from robust...
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Early Volume Plays Among Those Valued Below $10 (BCON, SIRI, ALXA, JSDA)
Thursday, May 27, 2010 - 10:37am | 302Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: Ardour Capital initiated coverage of Beacon Power (NASDAQ: BCON) with a “buy” rating and a target price of $1.50 on the basis of BCON’s significant growth...
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Company News for May 27, 2010 - Corporate Summary
Thursday, May 27, 2010 - 9:48am | 176• Tiffany (NYSE:TIF) reported first quarter earnings of 50 cents, versus Zacks projections of 36 cents, on a 22.4% revenue gain to $633.6 million, which beat projections of $609 million • Heinz (NYSE:HNZ) beat fiscal fourth quarter earnings by one penny, reporting at 60 cents per share on a 8.3%...
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Stocks To Watch For May 27 (JCG, TIF, HNZ, COST, GES)
Thursday, May 27, 2010 - 7:04am | 188Some of the stocks that may grab investors focus today are: Wall Street expects J Crew (NYSE: JCG) to post an EPS of $0.57 for the first quarter. JCG’s shares dipped 5.73% to close at $42.13 yesterday. Tiffany (NYSE: TIF) may report its earnings at $0.35 per share for the first quarter. TIF’s...
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Costco (COST) Profit Surges 46%
Thursday, May 27, 2010 - 6:48am | 89Costco Wholesale Corporation (Nasdaq: COST) announced on Thursday morning that it beat consensus Wall Street estimates. Costco Wholesale Corporation reported that its fiscal 3rd quarter earnings jumped to $306 million, or 68 cents per share, up from $210 million, or 48 cents per share, a year...
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Costco: The Resurrection Of The American Consumer?
Thursday, May 27, 2010 - 5:46am | 386Today’s top day trader and active trader alerts are Aixtron Aktiengesellschaft (NASDAQ: AIXG), BP plc (NYSE: BP), FSI International, Inc. (NASDAQ: FSII), Lehman Brothers Holdings Inc. (LEHMQ), NetApp, Inc. (NASDAQ: NTAP), Rambus Inc. (NASDAQ: RMBS), and VeriFone Systems, Inc (NYSE: PAY). Below is...
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Android Helps Amazon Solidify Second Spot In Online Music Market-Share (AMZN)
Wednesday, May 26, 2010 - 4:57pm | 153The NPD data shows that Amazon (NASDAQ: AMZN) has solidified its second position in the online music market share through its prominent position in Android (Open Handset Alliance) devices. According to the NPD, iTunes tops the list with a share of 69.9% whereas the Android helped Amazon to clinch a...
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Piper Jaffray Maintains Overweight Rating for Costco
Wednesday, May 26, 2010 - 3:45pm | 130Ahead of Costo Wholesale (Nasdaq: COST)'s earnings release, Piper Jaffray maintained its Overweight rating and price target of $67. The analysts estimate that Costco's quarter three EPS will come in at $0.69, against a consensus of $0.65. They stated that "gas and [foreign exchange] continued to...
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iPhone 3GS For Just $97
Wednesday, May 26, 2010 - 12:58pm | 116Wal-Mart (NYSE: WMT) is going to slash the prices of 16 GB iPhone 3GS by $100 to $97. The announcement comes before the official launch of iPhone 4G. The move will help Wal-Mart to clear inventory and also make the 3G version as the entry level model. When iPhone 3GS was launched a year earlier,...