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5 Retailers That Have Better Prospects Than WMT (GES, TRLG, URBN, JWN, SKS)
Thursday, February 18, 2010 - 2:30pm | 242Following disappointing results posted by Wal-Mart (NYSE: WMT) and weaker-than-estimated guidance for the current quarter, Eric Beder, associate director of equity research at Brean Murray Carret, told CNBC that the company’s performance was much better last year. Beder added that WMT was among the...
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Wal-Mart Reports 22% Higher Profit, Outlook Remains Weak (WMT)
Thursday, February 18, 2010 - 1:54pm | 117A report in the Wall Street Journal says that Wal-Mart Stores Inc. (NYSE: WMT) reported an increase in profit by 22% for Q4, even as sales were below expectations. The company has a profit of $4.63 billion in Q4, up from $3.79 billion, a year back. Net sales increased by 4.5% to $113.65 billion....
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Top 5 Stocks For February 18, 2010 (DELL, CBS, WMT, GT, HRL)
Thursday, February 18, 2010 - 9:39am | 289The stocks that would be in focus today are: Analysts expect Dell Inc (NASDAQ: DELL) to report earnings of $0.27 per share after the market close. DELL gained 0.85% to trade at $14.23 in the after hours. Read more about this company here. Media powerhouse CBS Corp (NYSE: CBS) expects to report...
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Benzinga’s Top Pre-Market Losers (WMT, WCG, NBL, TRA, NVDA)
Thursday, February 18, 2010 - 9:26am | 325Wal-Mart Stores, Inc. (NYSE: WMT) decreased 1.22% to $53.42 in the pre-market session. Wal-Mart Stores reported today a fourth-quarter profit of $4.6 billion, or $1.22 per share, as compared to $3.8 billion, or $0.97 per share, in the year-ago period. Analysts had expected WMT to report earnings of...
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US Stock Futures Mixed Before Economic Data; Points Towards A Weak Opening (WMT, DAI, ABB)
Thursday, February 18, 2010 - 9:06am | 206US stock futures held to a tight range today ahead of the earnings news from retailing giant Wal-Mart Stores (NYSE: WMT). While futures on S&P 500 slipped 1.3 points to 1098.30, those on Nasdaq 100 gained 1.75 points to 1813.50. Meanwhile, Dow Jones Industrial Average futures lost 5 points....
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Top 5 Stocks In The Services Sector With The Highest Sales Growth Estimates (ANW, ESRX, CBD, FLL, LOPE)
Thursday, February 18, 2010 - 6:10am | 237Below are the top 5 services stocks on the NASDAQ and NYSE in terms of sales growth estimates. The 2010 sales growth estimates for Aegean Marine Petroleum Network Inc (NYSE: ANW) is 88.3%. NWSA has $15.28 billion in total debt for the same period. Soleil has upgraded NWSA from “hold” to “buy.” Read...
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Top 5 Stocks In The Services Sector With The Highest Cash (NWSA, AMZN, WMT, DAL, ESRX)
Thursday, February 18, 2010 - 6:01am | 250Below are the top 5 services stocks on the NASDAQ and NYSE in terms of cash. News Corp (NASDAQ: NWSA) had $7.27 billion of total cash in the most recent quarter. NWSA has $15.28 billion in total debt in the same period. Soleil upgraded NWSA from “hold” to “buy.” Read more about this company here....
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Quarterly Update: George Soros Calls Gold (GLD) a Bubble; Then Stocks Up on It
Wednesday, February 17, 2010 - 11:32am | 1180It's that time of year, where once a quarter we get to see what the "gurus" are doing. This has become a favorite for the Wall Street community because if there is one thing big money likes... it's group think! There are only a handful of 'whales' I normally will discuss on the blog, and George...
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Warner Bros (TWX) and Redbox Reach A Deal (CSTR) (WMT) (GE) (NWS) (NFLX)
Tuesday, February 16, 2010 - 8:44pm | 211The Time Warner Inc (NYSE: TWX) movie studio Warner Bros. has reached a deal with DVD rental service Redbox, owned by Coinstar, Inc. (Nasdaq: CSTR), to wait until 28 days after new DVD titles are released to begin renting them to customers. The deal is similar to the one that Warner Bros. reached...
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Stock Market News for February 16, 2010 - Market News
Tuesday, February 16, 2010 - 10:30am | 445China’s move to contain rapid credit growth by limiting bank loans and European Union’s weak gross domestic product unnerved investors Friday, sending the Dow average down as much as 160 points in the morning session. Later, the blue-chip index pared much of those losses to close down 45 points as...
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Live Nation Signs Ticketing Pact With Wal-Mart (LYV, WMT)
Friday, February 12, 2010 - 11:00pm | 146Live Nation Entertainment Inc. (NYSE: LYV) has agreed to sell event and concert tickets at select Wal-Mart (NYSE: WMT) locations. The service is likely to be introduced in the next few months. Live Nation already sells tickets at Blockbuster (NYSE: BBI) stores. The new deal will add to Live Nation...
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Top 5 Large-Cap Stocks In The Services Sector With The Highest Cash (NWSA, TWX, AMZN, WMT, ESRX)
Thursday, February 11, 2010 - 7:07am | 198Below are the top 5 large-cap services stocks on the NYSE and NASDAQ in terms of cash. The total cash at News Corp (NASDAQ: NWSA) is $7.27 billion. NWSA has a total debt of $15.28 billion. Soleil upgraded NWSA from “hold” to “buy.” The total cash at Time Warner Inc (NYSE: TWX) is $7.13 billion. TWX...
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Big Chains Going Small: CNBC (WMT, WAG, BIG)
Tuesday, February 9, 2010 - 9:17am | 124Big retail chains are now experimenting with smaller formats. According to CNBC, Wal-Mart (NYSE: WMT) has opened four Marketside stores in Phoenix. Marketside stores are smaller than regular Wal-Mart stores. Similarly, Big Lots (NYSE: BIG) has also opened four smaller stores. However, these big...
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Nat Gas Could Cut OPEC Oil Use In Half By 2020
Thursday, February 4, 2010 - 12:56pm | 219T. Boone Pickens, oil tycoon and author of the green energy plan aptly named “The Pickens Plan”, stated earlier today that “the oil crisis is not over”. Mr. Pickens, chairman of the hedge fund BP Capital is spearheading a movement to wean the US off of foreign oil by promoting and investing in...
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Same Store Sales Above Estimates At Costco (COST)
Thursday, February 4, 2010 - 10:40am | 104Costco Wholesale Corp (NASDAQ: COST) saw an 8% rise in sales in same-stores in the month of January, beating analysts’ estimates. Analysts had expected 7.8% rise in same-store sales in January. These rises were on the back of higher gas prices and a weak dollar. Net sales of the company rose by 10...