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Walgreen (WAG) and CVS (CVS) Enjoy Premium Pricing Over Wal-Mart (WMT) In Chicago
Tuesday, December 15, 2009 - 12:18pm | 113A survey by Credit Suisse revealed that in the Chicago market, Walgreen Company (NYSE: WAG)(FREE stock trend analysis) and CVS Caremark Corporation (NYSE: CVS)(FREE stock trend analysis) have premium pricing over Wal-Mart Stores, Inc. (NYSE: WMT)(FREE stock trend analysis). The report has noted...
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Price Gap Between Target (TGT) And Wal-Mart (WMT) Increased In November
Tuesday, December 15, 2009 - 8:39am | 83Credit Suisse reports that the price gap between Target Corporation (NYSE: TGT) and Wal-Mart Stores, Inc. (NYSE: WMT) widened from 0.8% in October to 2.6% in November in the Dallas and Chicago markets, where it surveyed. It added that, though the gap widened, Wal-Mart’s prices appear to be...
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Schwab Launches Growth and Value ETFs
Friday, December 11, 2009 - 6:21pm | 534Schwab launched two more ETFs today (12/11/09): Schwab U.S. Large-Cap Growth ETF (SCHG) and Schwab U.S. Large-Cap Value ETF (SCHV). Both funds will have an expense ratio of 0.15% and commission-free trading in Schwab brokerage accounts. Schwab made a grand entrance into the ETF business about...
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Stock Market News for December 11, 2009 - Market News
Friday, December 11, 2009 - 10:16am | 454US stocks rose for a second day on Wednesday as a decline in October trade deficit and signs of revival in the job market boosted confidence that an economic recovery is indeed underway. Although the Labor Department said weekly jobless claims rose more than expected, the average number of...
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Costco Q1 Profit Nearly Same as a Year ago
Friday, December 11, 2009 - 8:59am | 88Costco Wholesale Corporation (NASDAQ: COST) reported nearly flat earnings for the quarter that ended Nov. 22. The company earned $266m, or 60 cents per share, compared with $263m, or 60 cents per share, a year earlier. Revenue rose 6% to $17.3b as more shoppers joined its clubs and net sales grew 5...
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Top 5 Large-Cap NASDAQ Stocks with Highest Sales (ttm) (COST, MSFT, DELL, AAPL, CMCSA)
Friday, December 11, 2009 - 8:41am | 226Below are the top 5 large-cap stocks on the NASDAQ in terms of sales (ttm). The trailing-twelve-month sales figure for Costco Wholesale Corporation (NASDAQ: COST)(FREE stock trend analysis) is $71.42 billion. COST’s market capitalization is $25.62 billion. Robert W Baird upgraded COST from “neutral...
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COST Margins to Improve
Thursday, December 10, 2009 - 2:58pm | 115Analysts at Morgan Stanley maintain their "overweight" rating on Costco Wholesale Corp (NASDAQ: COST)(FREE stock trend analysis). The target price for COST is set to $64. The company has reported its F1Q10 EPS in-line with the estimates and marginally ahead of the consensus. Although margins and...
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Company News for December 10, 2009 - Corporate Summary
Thursday, December 10, 2009 - 10:26am | 255• Costco (NASDAQ:COST) reported inline earnings and revenue results this morning. The company reported first-quarter earnings of 60 cents a share, inline with analysts' consensus views as well as prior year results, despite the 1% increase in outstanding shares. Revenues climbed 5.5% to $17.3...
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Apple (AAPL) Plans Widening Of iTunes' Reach: Wall Street Journal
Thursday, December 10, 2009 - 10:14am | 345Apple (NASDAQ: AAPL) is exploring options that will widen its web influence, and change the way it sells and stores music. The company which changed the dynamics of the music industry with its iTunes service is planning to use the newly acquired La La Media Inc. to let users access their purchases...
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Costco (COST) profit rises marginally
Thursday, December 10, 2009 - 8:41am | 138Costco Wholesale Corp (NASDAQ: COST) posted a slight increase in Q1 profit on higher revenue. The No. 1 U.S. warehouse club operator said profit in its fiscal Q1 ended November 22 was $266m, or 60 cents per share, compared with year-ago income of $263m, or 60 cents per share. Quarterly sales rose 6...
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CNBC – Black Friday Buying Patterns Disappointing
Wednesday, December 9, 2009 - 7:05pm | 159CNBC is reporting that deep price cuts and deals made total Black Friday 2009 sales lower than the same retail holiday in 2008. The news outlet quoted NDP Research figures of $2.7 billion in sales for the day this year, down 1.2% from the 2008 total. The report said that products were selling...
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Fund Performance Period 12
Tuesday, December 8, 2009 - 4:45pm | 3149The mutual fund is now on schedule for a summer 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists. [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch] [May 26, 2008: Frequently Asked Questions] Our story...
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Wal-Mart (WMT)- A Challenger For Online Turf: Janney
Tuesday, December 8, 2009 - 10:55am | 199According to Janney Capital Markets, Walmart.com (NYSE: WMT) could well be the next big challenger to online retailers including Amazon (NASDAQ: AMZN). It is well placed to invest heavily in online pricing and absorb initial losses on Walmart.com without significantly impacting profitability....
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Stock Market News for December 08, 2009 - Market News
Tuesday, December 8, 2009 - 10:13am | 495Stocks ended Monday’s trading almost unchanged as investors looked for fresh signs to keep the upward momentum going. Fed Chairman Ben Bernanke’s remarks that interest rates are likely to remain low hurt the dollar, which in turn helped stocks of companies that do business overseas. Lower...
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Costco: A Mixed Q1 Expected
Monday, December 7, 2009 - 8:35am | 160Analysts at UBS maintain their "Neutral" rating on Costco Wholesale Corporation (NASDAQ: COST) ahead of its F’Q1 Earnings with a 12 month price target of $59. With headwinds from gas price deflation and FX dissipating, along with prospects for food price deflation to start easing in early C’10E,...