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Although the Amazon (AMZN) Spike, Could AMZN's Margins Be At Risk?
Thursday, October 22, 2009 - 5:16pm | 128Amazon.com's (AMZN) stock price skyrocketed on better than expected results and great prospects for its Kindle electronic reader. But could Wal-Mart's (NYSE: WMT) recent price war on books hurt Amazon (AMZN) holiday season and decrease their margin. AMZN already had to drop their price on Kindle e-...
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Wal-Mart Forecasts Growth
Thursday, October 22, 2009 - 3:18pm | 89Wal-Mart (NYSE: WMT), the world's largest retailer, is projecting solid growth for 2009 and even more robust growth for 2010 and announced that it will focus on emerging markets when it opens new stores going forward. Company officials are forecasting revenue growth for the current fiscal year of 1...
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Wal-Mart (WMT) Poised To Gain US Market Share
Wednesday, October 21, 2009 - 1:25pm | 75Walmart's (NYSE: WMT) CEO said President Obama was very receptive to his ideas and was willing to listen to Walmart's concerns. Walmart's CEO Michael Duke said he expects WMT to continue to take market share from other retailers. Duke also said Walmart will continue to produce significant free...
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Sears Offers Online Credit To Stay Competitive In The Online Books Sector (SHLD, WMT, TGT, AMZN)
Tuesday, October 20, 2009 - 1:06pm | 122In an effort to get into the competition of selling books online, Sears (NASDAQ: SHLD) will be offering a $9 credit whenever a customer buys any one of the books on the ten highly awaited titles found in the websites of Sears, Wal-Mart (NYSE: WMT), Target (NYSE: TGT) and Amazon (NASDAQ: AMZN). The...
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Fast Money Picks For Tuesday (QCOM, YHOO, STLD, BKS, WMT, POT)
Monday, October 19, 2009 - 7:13pm | 164CNBC's Fast Money Joe Terranova thinks that Steel Dynamics (NASDAQ: STLD) is returning to profitability and recommends it as a buy. Steel Dynamics (STLD) fell 0.45% in regular trading and gained 2.48% in after-hours. Guy Adami likes valuations of Qualcomm (NASDAQ: QCOM) and thinks its stocks should...
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Cramer Analyzes T, COP, COST, GOOG
Wednesday, October 7, 2009 - 3:41pm | 156CNBC's Mad Money Jim Cramer said that he would not sell AT&T (NYSE: T) as he likes dividend they pay and their future prospects. AT&T (T) dropped more than 2% on Wednesday. Cramer also said that people who are buying ConocoPhillips (NYSE: COP) are being foolish because it went too high. It...
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Costco Wholesale Corp. has some more headroom to rise
Wednesday, October 7, 2009 - 9:30am | 105Costco Wholesale Corp. (NASDAQ: COST) said earlier today that its fiscal fourth-quarter profit fell by 6 percent, partly on the stronger dollar and increased employee benefit costs. Costco Wholesale Corp.'s (COST), results, however, beat the analysts' estimates, when it mopped up earned $374...
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Stocks to Watch (COST, WWW, YUM, DAN, BARE, AAI)
Wednesday, October 7, 2009 - 7:00am | 424Costco Wholesale Corporation (NASDAQ: COST) reported Net sales for the fiscal 2009 fourth quarter ended August 30, 2009 were $21.89 billion, a drop from $22.63 billion in the same period a year ago. Net income for the fourth quarter of fiscal year 2009 was $374 million, or $.85 per share, compared...
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Stocks to Watch (NTRI, CRUS, RBN, TISI, LAD)
Tuesday, October 6, 2009 - 5:38am | 207Shares of NutriSystem Inc. (NASDAQ: NTRI) zoomed 23.26% to $18.55 the company, which sells prepared meals to help clients lose weight, said its 14-day starter Program will be offered through 3,200 Wal-Mart Stores, Inc. (NYSE: WMT) outlets. Cirrus Logic, Inc. (NASDAQ: CRUS) rose 9.75% to $5.63 in...
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Neil Hennessy Sees Recent Rally As Beginning Of 10 Year Bull Market (WMT, HD, JNJ, MSFT)
Thursday, October 1, 2009 - 10:46am | 169Neil Hennessy, CIO of the Hennessy Funds, stated on a Yahoo! Finance web-cast that he believes US stocks are at the beginning of a 10 year bull market. In fact he thinks the Dow "will double for sure" from current levels over that time period. Interestingly he doesn’t seem to think the reason for...
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Wal-Mart (WMT) Chief Sees Slow Recovery
Wednesday, September 30, 2009 - 11:06am | 59Robson Walton, Chairman of Wal-Mart (NYSE: WMT) told attendees of a global business conference in Malaysia that he saw any economic recovery as "lethargic". Robson stated China and India will provide growth but not enough to allow an overall strong global recovery. Wal-Mart is trading down 0.8%...
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Walmart (WMT) to Brings Back $10 Toys Section in All Stores Today and to Expand its $10 Holiday Assortment to More than 100 Toys.
Wednesday, September 30, 2009 - 7:06am | 68Walmart (NYSE: WMT) plans to bring more smiles for moms and children this holiday season. Walmart is expanding its $10 toys section in all stores today and expanding its $10 holiday assortment this year to more than 100 toys. The $10 toys assortment is the first of several programs Walmart...
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Buy Wal-Mart (WMT) on declines
Tuesday, September 29, 2009 - 9:49am | 52Wal-Mart Stores Inc. (NYSE: WMT) stock has corrected sharply from the recent highs of $53. One should be looking at entering WMT near its support levels of $48.5. However, if the WMT stock doesn’t find support at $48.5 levels, it might find fresh support at $46 levels.
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Fast Money Guys Like COST, RJF, F, PXP
Monday, September 28, 2009 - 6:35pm | 119CNBC's Fast Money guys gave their recommendations for September 29th. Steve Grasso would buy Costco (NASDAQ: COST) and Joe Terranova wants to long Ford (NYSE: F). Guy Adami is keen on Raymond James (NYE: RJF), while Jon Najarian likes Plains Exploration & Production (NYSE: PXP). Their picks...
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Microsoft (MSFT), Wal-Mart (WMT), and Johnson & Johnson (JNJ) Holding Up Well Today
Thursday, September 24, 2009 - 2:07pm | 136Last week I wrote an article detailing how these 3 companies have been trailing the general market as of late despite being superior companies and dividend payers. This was due to an increased appetite for risk and distaste for lower beta stocks. I also mentioned if you wanted to be invested in...