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Company News for February 3, 2010 - Corporate Summary
Wednesday, February 3, 2010 - 10:19am | 170• Pfizer (NYSE:PFE) posted fourth quarter earnings that were in-line with Zacks estimates, coming in at 49 cents versus 69 cents a year ago. The firm reported revenues of $16.54 billion, above Zacks estimates of $15.94 billion. The firm also provided full year guidance of $2.10-$2.20 • ...
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BofA/Merrill Bumps Up Charles Schwab To Buy
Wednesday, February 3, 2010 - 10:00am | 29Analysts at BofA/Merrill upgrade The Charles Schwab Corporation (NASDAQ: SCHW) from "neutral" to "buy." SCHW’s shares closed at $18.23 yesterday
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Zacks Analyst Blog Highlights: D.R. Horton, Leap Wireless, MetroPCS, Verizon and AT&T - Press Releases
Wednesday, February 3, 2010 - 8:14am | 1183For Immediate Release Chicago, IL – February 3, 2010 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: D.R....
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Earnings Round-Up for Companies Reporting Before The Bell on February 3 (BDK, CSL, PFE, CMCSA, ENB, HNI, ITT, IP, LAZ, RL, TWX, UMC)
Wednesday, February 3, 2010 - 5:44am | 457Black & Decker (NYSE: BDK): The power tools manufacturer is seen posting $0.76 in EPS on revenues of $1.2 billion. The consensus represents a year-over-year decline in earnings and revenues. Carlisle Companies (NYSE: CSL): Wall Street expects the construction materials manufacturer to earn $0....
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2 Day Rally
Tuesday, February 2, 2010 - 10:04pm | 846Keystone Trading Group -Market Update The market continued it’s 2 day rally today. The Dow closed up 111.32, and the $SPX up over 14 points closing at 1103.82.The $SPX has been pushed back up near its 20MA at 1109. The volume over the last 2 days has been unimpressive and makes us believe that we...
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Sell Off In TD Ameritrade (AMTD)
Tuesday, February 2, 2010 - 3:29pm | 158Shares of online broker, TD Ameritrade (NASDAQ: AMTD) have shed over 3% today after rival Fidelity announced that they would be cutting customer fees and commissions. The stock is currently trading at $17.65 on the Nasdaq exchange. Trading volume in AMTD has already surpassed 22 million shares on...
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Acorda Therapeutics Rallying On Heavy Volume (ACOR)
Tuesday, February 2, 2010 - 2:32pm | 122Shares of Acorda Therapeutics (NASDAQ: ACOR) are rallying on heavy volume today. The stock is up 5.66% on the day to $30.75. Acorda (ACOR) opened the day higher, but buying pressure really started to accelerate around 11:30. Average volume in this name is 895,000 shares today. Over 1.25 million...
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Advanced Micro Devices Inc. (AMD) All Set To Test Lower Support Level Of $6.15
Tuesday, February 2, 2010 - 2:31pm | 107Advanced Micro Devices Inc. (NYSE: AMD) has shed close to 2% by early afternoon trading on Tuesday to slip to $7.84. The rating for producer of personal computer processors Advanced Micro Devices Inc. (AMD) was cut to “sell” from “hold” by Goldman Sachs (NYSE: GS) earlier today. Advanced Micro...
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Leap Wireless Mulls Sale/Merger - Analyst Blog
Tuesday, February 2, 2010 - 1:00pm | 860Unlimited prepaid wireless carrier Leap Wireless (LEAP) is reportedly exploring opportunities for a potential sale or merger with a rival operator. The company has hired Goldman Sachs (GS) and Morgan Stanley (MS) as advisors and formed a three-member special committee to evaluate strategic options...
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The Dow Chemical Company (DOW) Beats Estimates, Morgan Stanley(MS) Reiterates 'Overweight' Rating
Tuesday, February 2, 2010 - 10:35am | 148The Dow Chemical Company (DOW) Beats Estimates, Morgan Stanley(MS) Reiterates 'Overweight' Rating Morgan Stanley (NYSE: MS) reiterates their 'Overweight' rating on The Dow Chemical Company (NYSE: DOW). "Dow is the best positioned US chemical company to benefit from an economic recovery," Morgan...
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January Retail Data Shows Strong Trend
Tuesday, February 2, 2010 - 9:30am | 153According to a report released by Goldman Sachs (NYSE: GS) yesterday, Retail Forward’s monthly spending survey showed stabilized sentiments and thus gave a positive start to 2010. The report also stated that retail traffic was also healthy due to clearance sales. However, it expects that the...
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Top 5 Stocks In The Financial Sector With The Lowest Forward P/E (AIG, GS, MS, MAC, GNW)
Tuesday, February 2, 2010 - 7:10am | 241Below are the top 5 financial stocks on the NASDAQ and the NYSE in terms of price to earnings. The forward P/E for American International Group Inc (NYSE: AIG) is 3.33. AIG’s share price has fallen 2.60% over the past 52 weeks, as compared to a gain of 31.95% in S&P500. Read more on this stock...
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Company News for February 1, 2010 - Corporate Summary
Monday, February 1, 2010 - 10:26am | 200• ExxonMobil (NYSE:XOM) posted fourth quarter earnings of $1.27 a share, beating Zacks of $1.19 a share, versus $1.55 a year ago. The company reported revenues of $89.84 billion • Humana (NYSE:HUM) posted fourth quarter earnings of $1.48, in-line with Zacks estimates, versus $1.07 on revenues of $...
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Wal-Mart Stores Inc. (WMT) Upgraded By Goldman Sachs (GS)
Friday, January 29, 2010 - 3:10pm | 133Wal-Mart Stores Inc. (NYSE: WMT), the biggest retail stores chain in the world, has been upgraded by analysts at Goldman Sachs (NYSE: GS). Wal-Mart Stores Inc. (WMT) was brought up to “buy” from “neutral” after the retailer decided to go ahead with some job cuts recently. Wal-Mart Stores Inc. (WMT...
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The India Vs. China Debate: One Up For India?
Friday, January 29, 2010 - 3:06pm | 253A study of the Asian economy inevitably results in a comparison of the continent’s bigwigs, India and China. So far, China has always emerged the winner with its speedy government action, world-class infrastructure and high-speed growth. More recently, the Chinese government’s decisive economic...