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Company News for March 3, 2010 - Corporate Summary
Wednesday, March 3, 2010 - 10:22am | 179• Costco (NASDAQ:COST) reported fiscal second quarter earnings of 70 cents a share, one cent below Zacks projections, revenues of $18.36 billion, which also missed Zacks estimates of $18.48 billion • Joy Global (NASDAQ:JOYG) reported better-than-expected earnings of 73 cents, versus Zacks estimates...
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Stock Market News for March 3, 2010 - Market News
Wednesday, March 3, 2010 - 10:18am | 426U.S. stock rose for a third straight session as hopes grew European leaders would soon find a resolution to Greece’s debt problems, and as key banking analyst Richard Bove said the banking industry is showing signs of stabilization. Recovery expectations gained further ground after Qualcomm...
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Benzinga’s News Roundup (BJ, JOYG, NFLX, SGEN)
Wednesday, March 3, 2010 - 9:11am | 295BJ's Wholesale Club, Inc. (NYSE: BJ) reported today a fourth-quarter earnings of $55 million, $1.01 per share, from $52.7 million, or $0.91 per share, in the year-ago period. Analysts had expected BJ to report earnings of $0.95 per share. Sales increased to $2.8 billion from $2.6 billion for the...
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Costco Earnings Preview (COST)
Tuesday, March 2, 2010 - 7:19pm | 130Costco (NASDAQ: COST) will be releasing their quarterly earnings numbers tomorrow morning before the opening bell. Wall Street analysts are projecting that the company will earn $0.72 per share compared to $0.55 in the year ago period. During today's trading, COST shares lost 0.44% to close at $61....
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Market Technical Strategies And A Look Ahead. (NASDAQ:COST), (NASDAQ:PALM), (NYSE:SPY)
Sunday, February 28, 2010 - 2:33pm | 607The markets ended the last week of February 2010 almost flat. The SPDR S&P 500 ETF (NYSE: SPY) ended the week -$0.40. While they were basically flat, that does not describe the crazy movement and wild swings the markets displayed during the week. Between the wild swings in the U.S Dollar and...
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Top 5 Stocks For February 26, 2010 (BRK-A, AAPL, CCE, KO, GME, WMT)
Friday, February 26, 2010 - 7:44am | 165Berkshire Hathaway Inc (NYSE: BRK-A) reports after the markets close. The earnings forecasts for BRK-A are unknown so far. BRK-A gained 0.15% to $118,975.00 in after hours trading. There have been continued rumors of Apple (NASDAQ: AAPL) splitting its stock 4 to 1. AAPL shares lost 0.03% to $201.94...
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Wal-Mart To Reduce Emissions (WMT)
Thursday, February 25, 2010 - 8:20pm | 145Wal-Mart Stores Inc. (NYSE: WMT) has pledged to slash 20 million metric tons of greenhouse-gas emissions by 2015. In 2009, Wal-Mart (WMT) had introduced a similar plan to reduce the environmental impact of its operations. However, the retail giant has placed the onus on its suppliers. The company...
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Company News for February 23, 2010 - Corporate Summary
Tuesday, February 23, 2010 - 10:12am | 285• Home Depot (NYSE:HD) announced its first dividend increase since 2006 after reporting better-than-expected earnings of 24 cents a share, versus Zacks consensus of 16 cents a share, on revenues of $14.57 billion, ahead of Zacks estimates of $14.05 billion. The company said it sees 2010 earnings...
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Investing In Dividend Stocks Is The Route To Stable Returns (IBM, WMT, MCD, ROST, TUP, PRSC, TIF, THOR)
Tuesday, February 23, 2010 - 8:17am | 210In an article published on CNBC, Dan Veru, Palisade executive vice president and CO-CIO of Capital Management, said that returns from the stock market this year are likely to lag far behind last year’s figures. He believes that it is going to be all about “stock selection and picking the right...
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U.S. Consumer Prices Rise Less Than Expected (WMT)
Friday, February 19, 2010 - 6:12pm | 431Consumer prices in the U.S. rose less than expected in January, and prices excluding food and energy actually fell. The Labor Department in a report released Friday said that the consumer price index rose 0.2 percent for the fifth month running. Stripping out the volatile food, and fuel prices,...
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Stock Market News for February 19, 2010 - Market News
Friday, February 19, 2010 - 10:20am | 374U.S. stocks closed higher for a third straight session as an increase in regional manufacturing helped offset concerns about unemployment and disappointing sales at Wal-Mart. The retailer’s cautious forecast failed to deter investors from building positions as better-than-expected earnings reports...
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Top 5 Stocks For February 19, 2010 (RAD, JCP, HUN, TASR, WMT)
Friday, February 19, 2010 - 8:25am | 265The trading session on Thursday ended on a high note, with the Dow Jones Industrial Average (DJIA) jumping 83.66 and the Nasdaq gaining 15.42 points. Meanwhile, the S&P 500 rose 7.24. Some of the top stocks that might gain prominence today are: Following the takeover of Duane Reade’s 257...
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As Markets Snooze, Money Tree Begins To Shake. (NYSE:SPY), (NYSE:WMT), (NYSE:HPQ)
Thursday, February 18, 2010 - 4:30pm | 379The markets continue to be held in check as the dollar stays slightly higher. The general bullish sentiment of late 2009 is back with a flurry as the markets have rallied off the DOW 10,000. While economic news this morning was ugly to say the least, stocks continue to be held in check. Options...
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Wal-Mart Earnings Beat Estimates
Thursday, February 18, 2010 - 4:30pm | 60Wal-Mart (WMT) reported fiscal fourth quarter earnings of $4.6 billion, or $1.22 a share, compared to $3.8 billion or 97 cents a share a year ago. Analysts were expecting the company to earn $1.12 a share.
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As Markets Snooze, Money Tree Begins To Shake. (NYSE:SPY), (NYSE:WMT), (NYSE:HPQ)
Thursday, February 18, 2010 - 3:26pm | 363The markets continue to be held in check as the dollar stays slightly higher. The general bullish sentiment of late 2009 is back with a flurry as the markets have rallied off the DOW 10,000. While economic news this morning was ugly to say the least, stocks continue to be held in check. Options...