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Stocks Hitting 52-Week Highs (ACAP, STST, STAA, ROVI)
Thursday, July 8, 2010 - 2:44pm | 179American Physicians Capital Inc (NASDAQ: ACAP) shares surged 28.02% to create a new 52-week high of $40.66. The Doctors Company has signed a deal to acquire ACAP for a total price of about $386 million, or $41.50 per share, in cash. Argon ST Inc (NASDAQ: STST) shares gained 0.14% to create a new 52...
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Company News for July 7, 2010 - Corporate Summary
Wednesday, July 7, 2010 - 10:13am | 204• Microsoft (NASDAQ:MSFT) is reportedly planning to cut a small number of positions this week • Family Dollar Stores (NYSE:FDO) reported a 19% rise in fiscal third-quarter earnings to 77 cents from 62 cents a year ago, one cent higher than Zacks estimates, on an 8.4% gain in revenues to $2 billion...
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Double-Dip Fears Overblown - Market Analysis
Wednesday, July 7, 2010 - 9:32am | 1201Economic data has not been helpful to the markets of late. It has created an uncertain picture of the U.S. economy. There are two competing visions that the markets are trying to size up: one calls for a slowdown in growth, while the other is for a relapse into another recessionary bout. The latter...
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Big Money Still On Sidelines 07-02-2010
Friday, July 2, 2010 - 2:34pm | 824Cusick’s Corner The Unemployment number has come and gone with very little fan fare. The bottom line is that the private sector was hiring, maybe not at the levels that the market would like, but it dampened the impact of government layoffs. While the bounce into the Midday is nice, the market...
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Stocks Hitting 52-Week Highs (HOOK, MILL, DWCH, STAA)
Wednesday, June 23, 2010 - 12:07pm | 148Craft Brewers Alliance Inc (NASDAQ: HOOK) reached $4.76 to create a new 52-week high, before slipping to $4.74. HOOK engages in brewing, marketing and selling craft beer in the US. Miller Petroleum Inc (NASDAQ: MILL) shares moved up 2.78% to $7.39 to create a new 52-week high. Analysts at...
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Benzinga’s Volume Movers (SAIA, RBCN, MMSI, ASPS)
Monday, June 14, 2010 - 2:10pm | 170Saia Inc (NASDAQ: SAIA) shares jumped 7.37% to $16.03 at 11:09 am. The volume of SAIA shares traded was 347% higher than normal. SAIA’s stock has fallen 5.63% over the past 52-weeks, while the S&P 500 index has gained 15.37% over the same period. Rubicon Technology Inc (NASDAQ: RBCN) shares...
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Morgan Keegan Reiterates Outperform Rating on Cooper Companies (COO)
Monday, June 14, 2010 - 9:39am | 149Morgan Keegan is out with an analyst note this morning, where they reiterate their Outperform rating on shares of Cooper Companies (NYSE: COO); they have a $45 price target on the stock. The analysts cited a conference call with Cooper’s CEO, Robert Weiss, where they were updates on the business....
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Jefferies Reiterates Buy Rating on Avon Products (AVP)
Monday, June 14, 2010 - 9:36am | 266Jefferies & Co. is out with an analyst note this morning, where they reiterate their Buy rating on shares of Avon Products (NYSE: AVP); they have a $43.00 price target on the stock. Jefferies said, “We believe the recent currency devaluation in Venezuela will be about a -$0.07 per share drag...
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Put Volume Grows on Align Technology (ALGN)
Friday, June 11, 2010 - 10:58am | 125Shares of Align Technology Inc. (NASDAQ: ALGN) are higher on the session by 3.36%, currently trading at $14.16. The stock has been drifting lower for the past three months and is looking to bottom around these levels. Options traders seem to agree as they are selling some puts on the name. Though...
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SPX Resistance 1070 06-08-2010
Tuesday, June 8, 2010 - 6:39pm | 689Cusick’s Corner The market hung around support, 1050 on the SPX, and wedged through to the upside to finish in the green. Watch resistance, looks to be at the 1070 mark on the S&P because we still have not seen any relative strength in the small caps, RUT. This small bullish divergence today...
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Improved Blood Management Improves Growth Opportunities For Haemonetics (HAE, GLOB)
Monday, June 7, 2010 - 2:37pm | 124The growth opportunities for the next fiscal year for Haemonetics Corporation (NYSE: HAE) were discussed at a conference call between their chief financial officer, Chris Lindop, and the equity research firm Morgan Keegan. Morgan Keegan maintained their Outperform rating for the company, foreseeing...
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Top 5 Large-Cap NYSE Stocks In The Healthcare Sector With The Highest Return On Equity (GSK, LLY, AZN, ACL, NVO)
Monday, June 7, 2010 - 6:26am | 160Below are the top 5 healthcare stocks on the NYSE in terms of ROE. GlaxoSmithKline plc (NYSE: GSK) has a trailing-twelve-month ROE of 61.29%. GSK’s trailing-twelve-month operating margin stands at 33.35%. Eli Lilly & Company (NYSE: LLY) has a trailing-twelve-month ROE of 46.9%. LLY slipped 6.90...
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BLUD’s Gross Margin Expansion To Be Modest In FY2011
Thursday, June 3, 2010 - 1:49pm | 205Analysts at Jefferies & Co reiterate their "hold" rating on Immucor (NASDAQ: BLUD). The target price for BLUD is set to $21. BLUD announced its sales guidance for FY2011 slightly below and EPS forecasts in line with the estimates. “We expect the GM in FY11 to expand at a moderate pace given the...
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Medical Action Industries (MDCI) Profits Surge
Wednesday, June 2, 2010 - 8:04am | 98Medical and surgical disposable product supplier Medical Action Industries Inc (Nasdaq: MDCI) on Wednesday morning released financial results that exceeded Wall Street earnings expectations. Medical Action Industries Inc reported that its fiscal 4th quarter net income surged to $5.2 million, or 30...
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Endologix to Present at the Jefferies 2010 Global Life Sciences Conference (ELGX)
Tuesday, June 1, 2010 - 4:38pm | 204Endologix, Inc. (Nasdaq: ELGX), developer of minimally invasive treatments for aortic disorders, announced today that John McDermott, President and Chief Executive Officer, is scheduled to present at the Jefferies 2010 Global Life Sciences Conference in New York, NY. Jefferies 2010 Global Life...