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News Summary (IBM, NZ, DFS, HD, LOW, LEN)
Monday, September 20, 2010 - 12:14pm | 224IBM (NYSE: IBM) has agreed to buy Netezza Corp (NYSE: NZ) for about $1.7 billion or $27 per share, representing an 85% premium to its 3-month trading average of $14.54. IBM is looking to increase its business analytics products for sales, marketing and product development. The company is expecting...
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Stocks Bid Higher at Kickoff
Monday, September 20, 2010 - 10:11am | 142Wall Street started the new trading week with cautious gains at Monday's open as the markets continue their bullish September mood. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average rose 21.66 points, or 0.19%, to 10629.50, the Standard & Poor's 500 gained 2.44 points, or 0....
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DFS Posts Q3 Profit Of $260.6 Million
Monday, September 20, 2010 - 9:19am | 73Discover Financial Services (NYSE: DFS) reported its Q3 results today. DFS posted its net income at $260.6 million, or $0.47 per share, down from $577.5 million, or $1.07 per share, in the year-ago quarter. However, the analysts expected the company to post its earnings at $0.37 per share. DFS'...
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Earnings Scheduled For September 20 (DFS, LEN, LBIX, FDS, PKE, ADAT, SUTR)
Monday, September 20, 2010 - 4:59am | 183Discover Financial Services (NYSE: DFS) may post its earnings of $0.37 per share on revenue of $1.67 billion in the fiscal third-quarter. Lennar Corp (NYSE: LEN) is estimated to report its FQ3 EPS at $0.04 on $782.14 million in revenue. Leading Brands Inc (NASDAQ: LBIX) is expected to report its...
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Stocks To Watch For September 20 (NKE, LEN, DFS, FDS, ADAT)
Monday, September 20, 2010 - 4:33am | 181Some of the stocks that may grab the investor focus today are: Nike Inc (NYSE: NKE) will be holding its annual shareholders' meeting in Beaverton, Oregon. NKE's shares rose 0.44% to $77.60 in after-hours trading. Wall Street expects Lennar Corp (NYSE: LEN) to report its FQ3 EPS at $0.04. LEN's...
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Mid-Day Market Movers (CRXL, STU, LIVED, MGYR)
Friday, September 17, 2010 - 10:27am | 196Crucell NV (NASDAQ: CRXL) jumped 55.06% to $31.85 at 10:07 am. Johnson & Johnson (NYSE: JNJ) has planned to acquire all the outstanding shares of CRXL for about 1.75 billion euros ($2.29 billion) or 24.75 euros per share, representing a 58% premium to CRXL's closing price of 15.70 euros on...
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A Peek Into The Market Before The Trading Starts
Friday, September 17, 2010 - 7:48am | 494Pre-open movers US stock futures signaled that the stocks on Wall Street would move up today, after the upbeat quarterly results from Research In Motion Ltd (NASDAQ: RIMM) and Oracle Corp (NASDAQ: ORCL). Futures on the Dow Jones Industrial Average surged 60 points to 10,610 and S&P 500 futures...
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Stock Market News for September 15, 2010 - Market News
Thursday, September 16, 2010 - 7:33am | 935The recent rally in stocks came to a halt on Tuesday as mixed economic data failed to lift investors' sentiments. The blue-chip Dow industrials and the broader Standard & Poor's 500-stock index dropped for the first time in five days even as the Commerce Department noted retail sales rose at...
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Zacks Earnings Preview: Oracle, Federal Express, Discover Financial, Kroger's and Best Buy - Press Releases
Monday, September 13, 2010 - 8:03am | 2045For Immediate Release Chicago, IL – September 13, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Oracle (ORCL), Federal Express (FDX), Discover Financial (DFS), Kroger's (KR), and Best Buy (BBY).To see more earnings analysis, visit http...
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Cardtronics - Aggressive Growth
Monday, September 13, 2010 - 2:03am | 561Cardtronics (CATM) continues to beat expectations, setting a new high on the most recent earnings surprise. Company Description Cardtronics operates over 30,000 ATMs in the U.S., Puerto Rico, the U.K. and Mexico. Additionally, the company works with merchants like 7-Eleven, Costco, CVS, and other...
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The First of the Third - Earnings Preview
Friday, September 10, 2010 - 5:33pm | 4289Earnings Preview 9/10/10 The second quarter earning season is over, and now we are getting the first of the third quarter. We define any fiscal period ending in August, September and October to be the third quarter. Still, we are just talking about a trickle of reports, just a total of 47 companies...
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Credit Acceptance Announces Extension of $75.0 Million Revolving Warehouse Facility
Friday, September 10, 2010 - 4:01pm | 80Credit Acceptance Corporation (Nasdaq: CACC) announced today that we have extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from August 31, 2011 to September 10, 2013. The maturity of the facility was also extended from August 31, 2012 to...
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10 Cheapest Bank Stocks for 2011
Wednesday, September 8, 2010 - 11:52am | 707NEW YORK (TheStreet) -- Using market and regulatory data provided by SNL Financial and Thomson Reuters, TheStreet has developed a list of the ten actively traded bank stocks with the lowest prices relative to consensus earnings estimates for 2011. While most bank stocks are trading below tangible...
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Unconfirmed chatter that Capital One Financial Corp. (COF) could be acquired by PNC Financial Services Group Inc. (PNC) at $50.00
Wednesday, September 8, 2010 - 9:46am | 55Unconfirmed chatter that Capital One Financial Corp. (COF) could be acquired by PNC Financial Services Group Inc. (PNC) at $50.00,,(PNC),(COF) could not be reached for comment,
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Stock Market News for September 8, 2010 - Market News
Wednesday, September 8, 2010 - 9:39am | 920Investors sold off stocks Tuesday amid fresh concerns about Europe’s debt problems. Gold prices reached a new peak as investors shunned riskier bets and turned to safe-haven assets. Government bonds and the dollar also advanced. After last week’s solid advance, U.S. equities appeared reluctant to...