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Deutsche Bank Downgrades SFN Group To Hold, Lowers PT To $14
Friday, July 22, 2011 - 4:56am | 28Deutsche Bank has downgraded SFN Group (NYSE: SFN) from Buy to Hold and has lowered the price target from $17 to $14.
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Morning Market Movers
Thursday, July 21, 2011 - 8:51am | 129Sino-Global Shipping America Ltd (NASDAQ: SINO) shares gained 53.05% to $6.78 at 9:45 am. SINO reached a Strategic Cooperation Agreement with COSCO Container Shipping Agency. SFN Group Inc (NYSE: SFN) climbed 51.74% to $13.99. Randstad Holding announced its plans to buy SFN for around $710 million...
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Robert Half International up 10% on Upbeat Earnings and Guidance
Thursday, July 21, 2011 - 7:59am | 50Robert Half International (NYSE: RHI) up 10% on upbeat earnings and guidance. The company reported Q2 EPS of $0.25 vs. $0.22 Est; Revenues $938M vs. $906.85M Est and Guides Q3 EPS $0.24-0.29 vs $0.26 Est. Robert Half is currently trading at $28.46 pre-market, a gain of $2.64 or 10.22%.
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Citi Reiterates Buy on RHI
Thursday, July 21, 2011 - 7:50am | 69Citi has issued a report reiterating the Buy Rating on Robert Half International (NYSE: RHI). According to the report, "We continue to see RHI as best positioned to benefit from continued strength of professional and technical hiring trends. RHI stock should work on the back of its strong earnings...
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Deutsche Bank Raising Estimates On Robert Half
Thursday, July 21, 2011 - 7:04am | 117Deutsche Bank is raising estimates on Robert Half (NYSE: RHI) following earnings last night. It is reiterating its $35 price target and Hold rating. In a note to clients, Deutsche Bank writes, "RHI's 2Q rev growth accelerated well ahead of expectations. We were already ahead of the Street so we...
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Benzinga's Top Upgrades
Thursday, July 21, 2011 - 7:00am | 130Analysts at Robert W. Baird upgraded Robert Half International Inc (NYSE: RHI) from “neutral” to “outperform.” RHI's shares closed at $25.82 yesterday. RHI's trailing-twelve-month revenue is $3.32 billion. Analysts at Wunderlich upgraded Riverbed Technology Inc (NASDAQ: RVBD) from “hold” to “buy...
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J.P. Morgan Remains Overweight On Robert Half
Thursday, July 21, 2011 - 6:36am | 86According to J.P. Morgan, Robert Half International (NYSE: RHI) reported 2Q11 EPS of $0.25, a $0.03 beat to the estimate. J.P. Morgan said that RHI continued to show strengthening y/y growth throughout all its business segments, reflecting strong fundamentals in the US and Continental European...
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Stocks to Watch for Thursday 7/21/2011: Fresh 52 Week Highs and Lows
Thursday, July 21, 2011 - 4:36am | 2699Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesdays's trading session (listed from highest total volume to lowest): 1) Nalco Holding (NYSE: NLC): Shares...
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Fast Money Picks For July 21st (QCOM, MCD, RHI, LVS, TCK)
Wednesday, July 20, 2011 - 6:08pm | 212On CNBC's Fast Money, Stephen Weiss said that he has a long position in QUALCOMM, Inc. (NASDAQ: QCOM). He is bullish on this stock. QUALCOMM, Inc. (QCOM) gained 0.56% in the regular trading session, and it dropped 2.62% in the after hours. Joe Terranova thinks that you should buy McDonald's...
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Randstad to Acquire SFN Group for $14/Share
Wednesday, July 20, 2011 - 3:59pm | 241Randstad (RAND.AS), the second largest HR services provider in the world, and SFN Group (NYSE: SFN) today announced that they signed a definitive agreement whereby Randstad will acquire SFN Group through a cash tender offer. As a result of the acquisition, Randstad will become the third-largest HR...
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Monday's Put/Call Ratio Leaders Leaders
Monday, July 18, 2011 - 11:28am | 78Here are today's Put/Call Ratio Leaders leaders… 1. Robert Half International (NYSE: RHI) 6,006 puts, 1 call 2. Solarwinds (NYSE: SWI) 5,230 puts, 4 calls 3. Vimpel Communications (NYSE: VIP) 16,262 puts, 23 calls 4. Cadence Pharmaceuticals (NASDAQ: CADX) 4,027 puts, 20 calls 5. FMC Technologies...
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JP Morgan Reiterates Neutral on Resources Connection, Reduces PT to $15
Friday, July 15, 2011 - 7:48am | 43JP Morgan reiterated its Neutral rating on Resources Connection (NASDAQ: RECN). At the same time, the rating agency reduced its price target on the company's stock from $18 to $15. On Thursday, RECN closed the day at $12.18.
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Oppenheimer Reiterates Perform on Resources Connection
Friday, July 15, 2011 - 7:29am | 70Oppenheimer reiterated its Perform rating on Resources Connection (NASDAQ: RECN) after the company reported its quarterly results in line with expectations. At the moment, the rating agency does not have a price target placed on the company's stock. On Thursday, RECN lost 3.03% of its value to end...
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UPDATE: Bank of America Merrill Lynch Lowers PO on Resources Connection to $16
Friday, July 15, 2011 - 7:00am | 110Bank of America Merrill Lynch is out with its report today on Resources Connection (NASDAQ: RECN), lowering its PO from $19 to $16. In a note to clients, Bank of America Merrill Lynch writes, "We continue to like RECN's near-term cyclical revenue rebound and SG&A leverage. We also like its...
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Bank of America Lowers PO On Resources Connection To $16
Friday, July 15, 2011 - 5:33am | 28Bank of America has lowered the price objective on Resources Connection (NASDAQ: RECN) from $19 to $16 and maintains its Buy rating.