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Earnings Scheduled For March 22 (ADBE, CTAS, WAG, DFS, CCL, JBL, DG, GIII, SONC, CMC, FSII, WNI, NEOG, HWD)
Monday, March 21, 2011 - 11:48pm | 371Adobe Systems Incorporated (NASDAQ: ADBE) is expected to report its Q1 EPS at $0.57 on revenue of $1.03 billion. Cintas Corporation (NASDAQ: CTAS) is estimated to report its Q3 EPS at $0.36 on revenue of $907.56 million. Walgreen Company (NYSE: WAG) is projected to report its Q2 EPS at $0.80 on...
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Merger Announced 03-21-2011
Monday, March 21, 2011 - 3:02pm | 882Cusick's Corner Earlier this morning optionsXpress and The Charles Schwab Corporation announced that they agreed to merge. I am excited about the new offerings and opportunities that may come from this merger. With that said, M&A is on the rise (see Bullish Flow) and blue chips are under...
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Options Brief: The Estee Lauder Companies (EL)
Monday, March 21, 2011 - 12:15pm | 100Shares of The Estee Lauder Companies (NYSE: EL) are higher on the session by 2.51%, trading at $91.59. Overall put volume is now running at 15.04x the daily average, with 12% of all puts traded being purchases on the offer. 8,467 contracts have traded on the session so far. The Estee Lauder...
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American Oriental Bioengineering Announces $20M Share Repurchase Program
Monday, March 21, 2011 - 8:06am | 51American Oriental Bioengineering, Inc. (NYSE: AOB) announced at its 2010 earnings conference call, held on March 15, 2010, that its board of directors authorized a share buyback program for the repurchase of up to $20 million of the Company's outstanding common stock over the next two years.
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Citi Raises CY12 EPS Estimate On EL
Monday, March 21, 2011 - 7:46am | 115While Estee Lauder Companies Inc.'s (NYSE: EL) stock price may look expensive based on the current EPS estimate for the next fiscal year, “we opt to use a P/E/long term growth rate valuation methodology for this stock, to better capture its sustainable strong EPS growth,” Citi reports. “Our...
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TeleSource Center Climbs to the Top of Google Search
Sunday, March 20, 2011 - 11:56pm | 155TeleSource Center Climbs to the Top of Google Search with search engine optomization (SEO). TeleSource Center (TSC) has been investing in natural SEO will allows their website to get to the top of Google searches. One specific search on Google for B2B appointment setting shows TSC as the second...
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8 Stocks That Will Survive if the Fed Withdraws QE2 This Year
Wednesday, March 16, 2011 - 10:01pm | 156We have a look at some battle-hardened stocks that could survive the morass when the Fed withdraws this round of quantitative easing. Avon (AVP), Cisco (CSCO) and Ford (F) are selling at significant discounts to our fair value estimates. JP Morgan (JPM) and Exxon Mobil (XOM) offer growth potential...
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7 Undervalued Stocks Now Selling at a Discount
Wednesday, March 16, 2011 - 10:00pm | 156We have a look at some battle-hardened stocks that could survive the morass when the Fed withdraws this round of quantitative easing. Avon (AVP), Cisco (CSCO) and Ford (F) are selling at significant discounts to our fair value estimates. JP Morgan (JPM) and Exxon Mobil (XOM) offer growth potential...
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Contagion is the Word of the Day 03-16-11
Wednesday, March 16, 2011 - 5:58pm | 923Cusick's Corner Crisis, big volume, and the market finished right off the lows as we enter into Expiration. This is going to add some fuel (as I noted in the Midday) because there are a lot of strategists who were short puts (long delta & short gamma), who are now selling the underlying to...
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Bears Come Out of Hibernation 03-16-2011
Wednesday, March 16, 2011 - 2:12pm | 1042Cusick's Corner If you are a Bear then you have come out of hibernation. The data, PPI and Housing, were worse than expected. Earlier today an EU atomic expert made a statement that the situation in Japan is “out of control”. The headlines and data put this market on alert and rightfully so. This...
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Mannatech to Expand European Presence
Tuesday, March 15, 2011 - 7:14am | 41Mannatech, Incorporated (NASDAQ: MTEX) announced it will expand its European presence by opening business operations in the Republic of Ireland, Finland, Estonia and the Czech Republic in the summer of 2011.
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China Sky One Medical Reports Q4 EPS of $0.21
Tuesday, March 15, 2011 - 7:07am | 92China Sky One Medical, Inc. (Nasdaq: CSKI) today announced financial results for the fourth quarter ended December 31, 2010. Total revenues decreased by $3.0 million, or 10.2% to $26.8 million as compared to the corresponding period of 2009 Excluding the effect of non-cash items related to...
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Brean, Murray & Carret Downgrades American Oriental Bioengineering To Hold, Removes PT
Tuesday, March 15, 2011 - 7:05am | 31Brean, Murray Carret & Co. has downgraded American Oriental Bioengineering (NYSE: AOB) from Buy to Hold and has removed its $3.70 price target.
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Puts Purchased on Estee Lauder (EL)
Monday, March 14, 2011 - 1:52pm | 180Shares of The Estee Lauder Companies Inc. (NYSE: EL) are lower on the session by 2.34%, currently trading at $90.70. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Top Narrow Based Indexes For March 14 (CIGX, JKS, MED)
Monday, March 14, 2011 - 9:41am | 217By 10:40 am, the Dow Jones Industrial Average was down 78.68 points, or 0.65%, to 11,965.72, while the broader Standard & Poor's 500 index had dropped 9.02 points, or 0.69%. The NASDAQ composite index fell 14.31 points, or 0.53%. Some of the narrow based indexes that are still afloat in the...