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Piper Jaffray Sees Manufacturing Resiliency (APOG)
Friday, September 3, 2010 - 7:58am | 142Piper Jaffray is seeing metal shipments and the strong ISM data, and pointing out the fact that the manufacturing data is proving to be resilient. In this report, Piper notes the impact on Apogee Enterprises, Inc. (NASDAQ: APOG). In a note to clients, Piper Jaffray writes, "Metal product rail...
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Benzinga’s Top Pre-Market NASDAQ Gainers (APOG, ARST, JASO, VOD)
Friday, August 27, 2010 - 8:28am | 139Apogee Enterprises Inc (NASDAQ: APOG) rose 2.62% to $9.58 in the pre-market session. APOG’s shares have lost 32.47% over the past 52 weeks, while the S&P 500 index has gained 1.58% in the same period. Arc Sight Inc (NASDAQ: ARST) added 2.38% to $37.50 in pre-market trading. ARST announced that...
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CAEI Buys a Major Stake in ConnGame - Analyst Blog
Thursday, August 26, 2010 - 2:36pm | 476China Architectural Engineering Inc. (CAEI) announced the completion of its acquisition of a 60% stake in Shanghai ConnGame Network Ltd. ,aka ConnGame, an MMORPG (Massively Multiplayer Online Role Playing Game) developer and operator, equal to 25 million shares of China Architectural’s common...
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Zacks Analyst Blog Highlights: D.R. Horton, Weyerhaeuser, USG, Fortune Brands and American Eagle Outfitters - Press Releases
Thursday, August 26, 2010 - 8:04am | 1969For Immediate Release Chicago, IL – August 26, 2010 – Zacks.com Analyst Blog features: D.R. Horton (DHI), Weyerhaeuser (WY), USG (USG), Fortune Brands (FO) and American Eagle Outfitters Inc. (AEO ). Here are highlights from Wednesday’s Analyst Blog: Worst New Home Sales EVER! New Home Sales fell...
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Puts Purchased on Masco Corp. (MAS)
Wednesday, August 25, 2010 - 12:52pm | 142Shares of Masco Corp. (NYSE: MAS) are lower on the session by 2.19%, currently trading at $10.26. The stock has been moving largely lower over the past five months, off from recent highs near $18.60. Options traders are buying protection on the name today, perhaps as a hedge to long shares. The...
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Calls Purchased on USG Corp. (USG)
Monday, August 23, 2010 - 11:55am | 176Shares of USG Corp. (NYSE: USG) are lower on the session by 1.94%, currently trading at $12.10. The stock has been moving largely lower over the past four months, off from recent highs near $25.00. Options traders are buying calls on the name today, perhaps betting that the stock is at a short-...
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Benzinga's Top ETF Gainers (SOXL, ERY, XHB, DUG)
Wednesday, August 18, 2010 - 5:15pm | 233Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) gained 3.35% today, as the semiconductor stocks rebounded. Analog Devices, Inc. (NYSE: ADI) jumped 4.41%, and LSI Corporation (NYSE: LSI) added 4.33%. It is interesting that LSI surrendered its gains in the after hours, as it dropped to $4.39...
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Mid-Day Market Movers (BSDM, CRDC, PTEC, PATK)
Wednesday, August 18, 2010 - 11:38am | 156BSD Medical Corporation (NASDAQ: BSDM) jumped 106.19% to $2.33 at 10:19 am. BSDM has received clearance from the US Food and Drug Administration (FDA) for marketing its soft tissue ablation device. Cardica Inc (NASDAQ: CRDC) climbed 39.76% to $2.32. CRDC has signed a licensing deal with Intuitive...
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Loss Lingers at China Architectural - Analyst Blog
Tuesday, August 17, 2010 - 1:10pm | 1171China Architectural Engineering Inc. (CAEI) reported a net loss of $3.3 million or a loss per share of 6 cents for its second quarter ended March 31, 2010. The company had earned $2.5 million or 5 cents per share in the year-ago quarter. A decrease in contract revenue due to a fewer number of...
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Housing Starts Still Weak - Analyst Blog
Tuesday, August 17, 2010 - 12:13pm | 2179In July, Housing Starts rose to a seasonally-adjusted annual rate of 546,000, an increase of 1.7% over the 537,000 rate in June. However, the June rate was revised down from 549,000 so, relative to where we thought we were yesterday, it is a decline of 0.5%. Relative to the 587,000 pace of a year...
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Simpson Manufacturing Upgraded At Sidoti (SSD)
Monday, August 16, 2010 - 9:33am | 55Simpson Manufacturing Company (NYSE: SSD) is up strong in early Monday trading, up strongly after the manufacturing company was raised to Buy at Sidoti. Simpson Manufacturing Company engages in the design, engineering, manufacture, and sale of building products. Shares of Simpson Manufacturing...
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Builders FirstSource CEO Sells 110,905 Shares of BLDR
Friday, August 13, 2010 - 4:02pm | 54In a Form 4 filed earlier today, Builders FirstSource (NASDAQ: BLDR) Chief Executive Officer, Floyd F. Sherman, reported that he sold 110,902 shares of BLDR on August 11th-12th for an average price of $2.02. The transaction totaled $223,673. Mr. Sherman owns 410,905 direct shares of PMC. Source:...
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NeuroMetrix Meets but Loss Swells - Analyst Blog
Thursday, August 12, 2010 - 11:16am | 477Nerve testing devices maker NeuroMetrix (NURO) reported second-quarter fiscal 2010 net loss per share of 20 cents, in line with the Zacks Consensus Estimate, but wider than the year-ago loss of 13 cents. Net loss bloated two and half fold to $4.5 million from $1.8 million a year ago as revenues...
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Zacks Releases Four Powerful ''Buy'' Stocks: DG FastChannel, Lennox International, Crocs and World Fuel Services - Press Releases
Wednesday, August 11, 2010 - 9:35am | 1327For Immediate Release Chicago, IL – August 11, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Lennox International - Growth & Income
Wednesday, August 11, 2010 - 4:07am | 446Lennox International (LII) recently beat quarterly estimates and raised guidance for the full year. The company indicated that the success of its new products and productivity initiatives across its businesses helped expand its profit margins to record highs. Growth and Income The company is...