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Top Performing Industries For October 4 (MPEL, SIRI, GAME, TOF)
Monday, October 4, 2010 - 11:34am | 210At 11:18 am, the Dow lost 0.49% to 10,776.66, the broader Standard & Poor's 500 index moved down 0.68% to 1,138.43 and the NASDAQ composite index fell 1.05% to 2,345.81. The industries that are still afloat in the market today are: Resorts & Casinos: This industry jumped 3.25% by 11:18 am....
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Benzinga's Top Pre-Market NASDAQ Losers (GTSI, DVOX, GMCR, SPWRA)
Monday, October 4, 2010 - 9:15am | 130GTSI Corp (NASDAQ: GTSI) dipped 43.45% to $4.10 in the pre-market session. Eyak Technology has withdrawn its $7.50 per share cash offer to buy GTSI. Dynavox Inc (NASDAQ: DVOX) lost 2.62% to $5.30 in the pre-market session. DVOX has withdrawn its adjusted earnings and sales projection for 2011....
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Some Like Sara Lee, Shares Jumping In Pre-Market (SLE)
Monday, October 4, 2010 - 8:38am | 78"Nobody doesn't like Sara Lee." Someone really likes Sara Lee, as shares of Sara Lee Corp. (NYSE: SLE) are skyrocketing this morning after reports came out that private equity firm KKR offered about $12 billion for the company, but Sara Lee turned it down. The NY Post was the first to report the...
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Benzinga's Top Downgrades (PTP, MSFT, CS, K)
Monday, October 4, 2010 - 7:17am | 149Keefe Bruyette downgraded Platinum Underwriters Holdings Ltd (NYSE: PTP) from "outperform" to "market perform." PTP's shares closed at $42.67 on Friday. Platinum Underwriters' quarterly revenue fell 5.72% y/y. Goldman downgraded Microsoft Corporation (NASDAQ: MSFT) from "buy" to "neutral." MSFT's...
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McCormick & Co, Inc - Growth & Income
Monday, October 4, 2010 - 5:42am | 645McCormick & Co (MKC) recently reported third quarter earnings that beat the Zacks Consensus Estimate by 12%. The company saw double-digit sales growth in Asia. You probably have several of McCormick's products sitting in your kitchen cupboard. The company, founded in 1889, sells spices all...
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Market Keeps Chugging Along 10-01-2010
Friday, October 1, 2010 - 3:20pm | 938Cusick's Corner Some readers have told me that I have been posting the same three sentences in the Corner over the past 5 sessions. (Thanks for the insight Dad, and you are right.) The market in general has been defying the odds, just keeps chugging along. What was interesting yesterday was the...
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Benzinga's Top Pre-Market NASDAQ Losers (DVOX, ELNK, GMCR, WCRX)
Friday, October 1, 2010 - 9:21am | 141Dynavox Inc (NASDAQ: DVOX) dipped 24.26% to $6.15 in the pre-market session. DVOX has withdrawn its adjusted earnings and sales projection for 2011. EarthLink Inc (NASDAQ: ELNK) lost 4.84% to $8.65 in the pre-market session. ELNK announced that it would purchase fiber optics networks company ITC...
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Stocks Associated With Rahm Emanuel's Potential Chicago Run (DWA, WWE, KFT)
Thursday, September 30, 2010 - 3:03pm | 301President Barack Obama's Chief of Staff, Rahm Emanuel, is expected to announce his official resignation tomorrow, multiple sources are reporting. It's been speculated that Emanuel will run for the Chicago mayor's office. According to the Chicago Tribune, "Emanuel has nearly $1.2 million left over...
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What's Hot On TheStreet
Thursday, September 30, 2010 - 1:10pm | 279Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 'Inside Job' Brings Gordon Gekkos to Life Movie-goers at this week's New York Film Festival, taking a break from the exploits of Gordon Gekko, will have the chance to boo the real-life characters behind the...
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Aerojet's Successful Main Engine Injector Tests Provide Milestone for NASA's Orion Crew Exploration Vehicle
Thursday, September 30, 2010 - 8:29am | 133Aerojet, a GenCorp (NYSE: GY) company, under contract to Lockheed Martin, successfully completed development injector testing for the 7500-pound thrust Orion main engine (OME) for NASA's Orion crew exploration vehicle. The OME is a pressure-fed, regeneratively cooled, storable bi-propellant engine...
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A Peek Into The Market Before The Trading Starts
Thursday, September 30, 2010 - 8:20am | 499Pre-open movers US stock futures moved down slightly, after disappointing news from Ireland and Spain. The jobs data of Germany offset some of the decline in Europe. Futures on the Dow Jones Industrial Average fell 4 points to 10,776. S&P 500 futures dropped 2.20 points to 1,139 and Nasdaq 100...
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MKC Reports Upbeat Q3 Earnings
Thursday, September 30, 2010 - 7:16am | 57McCormick & Company Inc (NYSE: MKC) reports its Q3 EPS, ex-benefit, at $0.66, beating the consensus of $0.59. MKC's Q3 revenue came in at $794.6 million, versus the estimates of $809.02 million. MKC's shares gained 0.24% to $41.20 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For September 30 (MKC, ACN, LWSN, RECN, MSCI, CRAI, BLPFF, UEXCF, CBK, SMOD, DMAN, RHUHF)
Thursday, September 30, 2010 - 4:55am | 246McCormick & Company Inc (NYSE: MKC) is expected to earn $0.59 per share in the fiscal third quarter. Accenture Plc (NYSE: ACN) is estimated to post its FQ4 EPS at $0.63. Lawson (NASDAQ: LWSN) may report its FQ1 profit at $0.09 per share. Resources Connection Inc (NASDAQ: RECN) may report its Q1...
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Stocks To Watch For September 30 (ACN, WMT, MKC, WOR, LWSN)
Thursday, September 30, 2010 - 4:34am | 198Some of the stocks that may grab the investor focus today are: Wall Street expects Accenture Plc (NYSE: ACN) to post its FQ4 EPS at $0.63. ACN's shares fell 0.28% to $42.18 in after-hours trading. Wal-Mart Stores Inc (NYSE: WMT) has appointed Charles Holley as its Chief Financial Officer (CFO)....
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Two Sectors Pick Up Performance 09-29-2010
Wednesday, September 29, 2010 - 2:47pm | 808Cusick's Corner The market is stuck, hitting its head at 1150 resistance on the S&Ps and finally getting the back of the pack, both Financials (XLF) and Energy (XLE) to pick up their lackluster performance. While this is encouraging to the bulls, veteran market watchers are becoming more...