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A Peek Into The Market Before The Trading Starts
Wednesday, August 4, 2010 - 9:03am | 434Pre-open movers US stock futures have turned higher today after the ADP data showed that the US private-sector employment increased in July. While futures on the Dow Jones Industrial Average climbed 32 points to 10,626, those on the S&P 500 gained 1.80 points to 1,120. Meanwhile, Nasdaq 100...
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SanDisk Defies Gravity (SNDK)
Monday, August 2, 2010 - 1:53pm | 258An article on The Motley Fool, highlights the meteoric rise of shares of Sandisk (NASDAQ: SNDK) this year and its story going forward. Shares of the flash memory maker are up 51% this year in comparison to the NASDAQ which is essentially flat. Sandisk's business is seen as a commodity business,...
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Mid-Day Market Movers (ETRMD, PATK, SMTX, ASFN)
Monday, August 2, 2010 - 11:30am | 158EnteroMedics Inc (NASDAQ: ETRMD) jumped 39.51% to $2.55 by 11:11 am. EnteroMedics has received an conditional approval from the FDA for the start of clinical trials on its device for treating obesity. Patrick Industries, Inc (NASDAQ: PATK) shares surged 38.50% to $2.77. PATK posted quarterly...
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Benzinga's After Hours Gainers (CQB, SUN, MAS, MET)
Thursday, July 29, 2010 - 7:13pm | 201Among the notable stocks that are moving higher in the after hours trading session are Chiquita Brands International (NYSE: CQB), Sunoco (NYSE: SUN), Masco (NYSE: MAS), and MetLife (NYSE: MET). Chiquita (CQB) reported a blowout quarter after the close on Thursday. The company said that earnings...
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UK Order Nix Drags Raytheon - Analyst Blog
Thursday, July 29, 2010 - 4:55pm | 795Before markets opened today, Raytheon Company (RTN), digesting the aftershocks of the recent cancellation of its U.K. e-Borders contract, reported earnings per share from continuing operations of 56 cents, less than half the year-ago quarterly earnings of $1.24. The Zacks Consensus estimate was $1....
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Puts Purchased on Owens Corning (OC)
Thursday, July 29, 2010 - 11:45am | 100Shares of Owens Corning (NYSE: OC) are lower on the session by 0.32%, currently trading at $30.80. The stock has been moving largely lower over the past four months in a downward-trending channel. Options traders are buying puts on the name today. The August $25.00 put was purchased 4,000 times,...
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Calls Purchased on Masco Corp. (MAS)
Wednesday, July 28, 2010 - 1:26pm | 99Shares of Masco Corp. (NYSE: MAS) are lower on the session by 2.94%, currently trading at $10.22. The stock has been moving largely lower over the past four months, off from recent highs near $18.60. Options traders are buying calls on the name today. The October $11 call was purchased 1,500 times...
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Benzinga's Top ETF Decliners (AGQ, UCO, DGP, GDX, XHB)
Tuesday, July 27, 2010 - 4:36pm | 255ProShares Ultra Silver (ETF) (NYSE: AGQ) traded lower today, along with silver futures. AGQ dropped 5.34% and closed at $55.98, while silver fell approximately 2.7%. ProShares Trust ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO) dropped 3.79% and closed at $9.90. Oil traded lower today as consumer...
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Masco Corporation Reports Huge Earnings Miss (MAS)
Monday, July 26, 2010 - 5:31pm | 267Masco Corporation (NYSE: MAS) reports Q2 earnings of $0.01 versus estimates of $0.13. Masco Corporation reports Q2 revenues of $2.05 billion versus estimates of $2.11 billion. Revenues rose 1.7% year over year. During the second quarter of 2010, the company also recognized non-cash, pre-tax...
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Rail Shipments Steady as European Data Shows Strength (APOG)
Monday, July 26, 2010 - 10:11am | 211In its report about weekly rail shipments, Piper Jaffray says, "Weekly Rail Shipments were solidly up y/y for lumber, sand/gravel and metal products. Shipments of metal products moderated somewhat in conjunction with a step up in CY09 comps. On Thursday the preliminary Euro zone July PMI came in at...
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Calls Purchased on Masco Corp. (MAS)
Wednesday, July 21, 2010 - 1:48pm | 107Shares of Masco Corp. (NYSE: MAS) are higher on the session by 2.73%, currently trading at $10.33. The stock has been moving largely lower over the past three months, off from recent highs near $18.50. Options traders are buying calls on the name today, betting that the stock may be near a bottom...
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Griffon Announces Acquisition of Ames True Temper for $542 Million
Monday, July 19, 2010 - 4:40pm | 87Griffon Corporation (NYSE: GFF) today announced that it has entered into a definitive agreement to acquire Ames True Temper, Inc. (“ATT”) from Castle Harlan Partners IV, a fund of Castle Harlan, Inc., for total consideration of $542 million, subject to certain adjustments, plus related transaction...
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Company News for July 14, 2010 - Corporate Summary
Wednesday, July 14, 2010 - 9:42am | 433Johnson & Johnson (NYSE:JNJ) posted second quarter EPS of $1.15 which was lower than Zacks estimates of $1.21 and $1.18 in the year ago period. Revenues were $15.2 billion in the second quarter lower than Zacks estimates of $15.7 billion Microsoft (NASDAQ:MSFT) faced negative reporting...
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Trading for a Loss in Quanex (NX)
Tuesday, July 6, 2010 - 8:14am | 205Not every trade goes according to one's wishes, but every trade can go according to the plan! How is that? Well let me explain. On 6/25 I had recommended going long in Quanex (NX) with a stop-loss at 17.62. The chart itself was phenomenal. I was short in every other stock I had in the portfolio...
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More Contracts for General Dynamics - Analyst Blog
Thursday, July 1, 2010 - 3:27pm | 551General Dynamics Ordnance and Tactical Systems, a unit of General Dynamics (GD), received two contracts from Maneuver Ammunition Systems (MAS) at Picatinny Arsenal, New Jersey. The contract involves production of 30mm M789 High Explosive Dual Purpose (HEDP) ammunition and Phase III development of...