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Margin Contraction Continues At CHRW
Wednesday, February 3, 2010 - 11:22am | 142Analysts at Credit Suisse maintain their "neutral" rating on CH Robinson (NASDAQ: CHRW), while reducing their estimates for the company. The target price for CHRW has been reduced from $61 to $59. CH Robinson reported its Q4 2009 EPS short of the estimates and the consensus due to weaker than...
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UPS Beats Q4 Expectations, Expects Better 2010
Wednesday, February 3, 2010 - 11:21am | 131Analysts at Credit Suisse maintain their "neutral" rating on United Parcel Service Inc (NYSE: UPS), while raising their estimates for the company. The target price for UPS is set to $65. UPS reported its Q4 EPS ahead of the estimates and the consensus. “As a whole for the quarter, total package...
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CHRW Posts Weak Q4 Results, Falls To Hold
Wednesday, February 3, 2010 - 11:04am | 36Analysts at BB&T downgrade CH Robinson Worldwide Inc (NASDAQ: CHRW) from "buy" to "hold." CHRW had posted weak results for Q4. CHRW’s shares closed at $57.42 yesterday.
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Benzinga’s Top Downgrades (MPWR, CHRW, CPO, KNXA, ARMH)
Wednesday, February 3, 2010 - 10:26am | 280Monolithic Power Systems, Inc. (NASDAQ: MPWR) declined 2.33% to $21 in the pre-market session after Monolithic Power Systems was downgraded by Wedbush Morgan to Underperform from Neutral and the price target reduced from $28 to $18. The 52-week trading range for MPWR is $11.26 - $25.26. Monolithic...
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Benzinga’s Top Upgrades (UPS, APKT, IRF, AHII, SIVB)
Wednesday, February 3, 2010 - 10:12am | 277United Parcel Service, Inc. (NYSE: UPS) was upgraded today by Deutsche Bank from Hold to Buy and the price target increased from $67 to $70. United Parcel Service is now trading at $58.83,0.36% up in the pre-market session. UPS closed at $58.62 in the previous trading session. In the last year, UPS...
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Benzinga’s Top Pre-Market Losers (CMCSA, WU, CHRW, QSFT, VRSN, CTRP)
Wednesday, February 3, 2010 - 9:52am | 431Comcast Corporation (NASDAQ: CMCSA) decreased 0.25% to $16.25 in the pre-market session. Comcast Corporation reported today that it earned $955 million, or $0.33 per share, in the fourth quarter as compared to $412 million, or $0.14 per share, for the same quarter last year. Revenue was $8.8...
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UPS Issues Strong Earnings And Outlook (UPS)
Tuesday, February 2, 2010 - 4:39pm | 122United Parcel Service (NYSE: UPS) reported earnings this morning and many investors were looking at this report for an indication of the relative health of the global economy. The Atlanta-based company reported Q4 net income of $757 million, or 76 cents per share, compared with $254 million, or 25...
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Financials Making Turnaround In February
Tuesday, February 2, 2010 - 3:33pm | 340Among the 10 key sectors in S&P, industrials, energy and materials led the market up today as pending-home sales rose 1% in December and oil pushed above $75 a barrel. Alcoa led the Dow for a second day in a row, after the ISM report on manufacturing turned out to be better than expected....
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Earnings Are Driving The Market Up : CNBC
Tuesday, February 2, 2010 - 3:13pm | 121Earnings reporting season is in the full swing and most of the companies are beating the market estimates. Dow Chemical (NYSE: DOW) beat the market consensus, but according to traders, beating the market is longer enough. Market consensus for Dow was at $0.11, but the buyside whisper number was...
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Company News for February 2, 2010 - Corporate Summary
Tuesday, February 2, 2010 - 10:30am | 309• Bank of America (NYSE:BA) upgraded ExxonMobil (NYSE:XOM) to "buy" from "neutral," with a price target of $82. • Bernstein initiated coverage of Visa (NYSE:V) and MasterCard (NYSE:MA), both with "outperform" ratings, and price targets of $104 and $325, respectively. • • Citigroup (NYSE:C)...
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Stock Market News for February 2, 2010 - Market News
Tuesday, February 2, 2010 - 10:26am | 503Stocks started a new month on a solid footing as encouraging economic data and a strong earnings report from Exxon Mobil bolstered investors’ appetite for riskier assets. Although Friday’s impressive GDP report had given some boost to wavering sentiments, it failed to stem the sell-off as...
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CNBC Previews UPS (UPS) Numbers
Tuesday, February 2, 2010 - 9:26am | 106United Parcel Service (NYSE: UPS) is slated to report its Q4 earning results before the market opens on Feb 2, 2010. Market estimate for the revenue indicates a decrease of over 3.7% and the figure is pegged at $12.2 billion. EPS is also expected to slide from $0.83 to $0.73. According to CNBC,...
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Earnings Round up Of Companies Reporting Before The Bell (ADM, DOW, DHI, EMR, ETR, HSY, LKX, MRO, UPS, WHR)
Tuesday, February 2, 2010 - 7:34am | 322Archer-Daniels-Midland (NYSE: ADM): The food production company is expected to report earnings of $0.72 a share on revenues of $16.54 billion. This reflects a year-over-year fall in both earnings and revenues. Dow Chemical (NYSE: DOW): Analysts expect the chemical company to post earnings of $0.11...
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Top 5 Stocks for February 2, 2010 (UPS, WHR, PBG, KFT, HSY)
Tuesday, February 2, 2010 - 7:30am | 224Some stocks that might make a wave in the market today are: United Parcel Service (NYSE: UPS), which is scheduled for a results announcement before the market opens, is likely to report earnings of $0.73 per share for the latest quarter. UPS has a 52-week trading range of $37.99-$63.38 and its...
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UPS Reports Earnings Tomorrow (UPS)
Monday, February 1, 2010 - 9:23pm | 96United Parcel Service, Inc. (NYSE: UPS) will release its earnings numbers tomorrow morning before the start of the trading day. Analysts are looking for EPS of $0.74 per share versus $0.83 in the year ago period. This report should give some indications of the health of the worldwide economy, as...