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Jefferies Lowers PT On MSC Industrial To $77
Friday, July 1, 2011 - 5:16am | 27Jefferies & Company has lowered the price target on MSC Industrial (NYSE: MSM) from $80 to $77 and maintains its Hold rating.
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Stocks to Watch for 07/1/11: Fresh 52 Week Highs and Lows
Friday, July 1, 2011 - 3:16am | 2869Stocks 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 Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...
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Market Roundup
Thursday, June 30, 2011 - 10:54am | 229Shares of MSC Industrial Direct Co Inc (NYSE: MSM) dropped about 0.5% after the company reported upbeat fiscal third-quarter earnings and issued weaker-than-expected Q4 earnings. MSM reported its quarterly profit at $62.1 million, or $0.97 per share, up from $44.3 million, or $0.69 per share, in...
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UPDATE: MSC Industrial Reports Better-Than-Expected FQ3 Profit, Issues Downbeat Q4 Earnings Forecast
Thursday, June 30, 2011 - 7:30am | 110MSC Industrial Direct Co Inc (NYSE: MSM) reported upbeat fiscal third-quarter earnings and issued weaker-than-expected Q4 earnings. MSM reported its quarterly profit at $62.1 million, or $0.97 per share, up from $44.3 million, or $0.69 per share, in the year-earlier period. Its revenue surged 18...
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Morgan Stanley Overweight On RSC Holdings
Thursday, June 30, 2011 - 6:56am | 179Morgan Stanley has a research note on RSC Holdings (NYSE: RRR). It has an Overweight rating and a $16 price target on shares. In the note, Morgan Stanley writes, "We believe the share price will rise relative to the country index over the next 60 days. Despite consistent operational improvement...
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Stocks Going Ex Dividend the First Week of July
Thursday, June 30, 2011 - 12:45am | 766Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Earnings Scheduled For June 30
Thursday, June 30, 2011 - 12:17am | 387Apollo Group Inc (NASDAQ: APOL) is expected to report its Q3 earnings at $1.34 per share on revenue of $1.20 billion. McCormick & Company Incorporated (NYSE: MKC) is projected to post its Q2 EPS at $0.54 on revenue of $855.16 million. Smith & Wesson Holding Corp (NASDAQ: SWHC) is...
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Stocks to Watch for 6/29/11: Fresh 52 Week Highs and Lows
Wednesday, June 29, 2011 - 3:11am | 2861Stocks 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 Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...
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Options Brief: Fastenal Company
Tuesday, June 28, 2011 - 9:41am | 90Shares of Fastenal Company (NASDAQ: FAST) are higher on the session by 2.89%, trading at $35.24. Overall call volume is now running at 4.41x the daily average, with 3% of all calls traded being purchases on the offer. 3,299 contracts have traded on the session so far. Fastenal Company sells...
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14 Fundamentally Sound Stocks With Strong Technicals
Monday, June 27, 2011 - 10:42pm | 2459I update the following portfolio/screen on a monthly basis on Scott's Investments. May's list of 24 stocks is here and the top 10 rated stocks returned an average of .11% versus -3.95% for SPY. The entire list of 24 stocks last month returned an average of -1.83%. The screen looks for the...
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14 Fundamentally Sound Stocks With Strong Technicals
Monday, June 27, 2011 - 10:42pm | 2473I update the following portfolio/screen on a monthly basis on Scott's Investments. May's list of 24 stocks is here and the top 10 rated stocks returned an average of .11% versus -3.95% for SPY. The entire list of 24 stocks last month returned an average of -1.83%. The screen looks for the...
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Aircastle Increases Quarterly Dividend to $0.125 and Share Repurchase Program to up to $90M
Monday, June 27, 2011 - 8:16am | 113Aircastle Limited (NYSE: AYR) announced today that its Board of Directors declared a second quarter 2011 cash dividend on its common shares of $0.125 per share, payable on July 15, 2011 to shareholders of record on July 7, 2011. Aircastle announces dividends on a quarterly basis, separately from...
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Options Brief: Fastenal Company
Thursday, June 23, 2011 - 12:35pm | 90Shares of Fastenal Company (NASDAQ: FAST) are higher on the session by 0.19%, trading at $33.59. Overall call volume is now running at 2.32x the daily average, with 49% of all calls traded being purchases on the offer. 1,570 contracts have traded on the session so far. Fastenal Company sells...
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Options Brief: Fastenal Company
Tuesday, June 21, 2011 - 11:50am | 90Shares of Fastenal Company (NASDAQ: FAST) are higher on the session by 1.39%, trading at $33.55. Overall call volume is now running at 4.12x the daily average, with 75% of all calls traded being purchases on the offer. 1,513 contracts have traded on the session so far. Fastenal Company sells...
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Benzinga's Top Upgrades
Tuesday, June 21, 2011 - 7:03am | 136Davenport upgraded Universal Stainless & Alloy Products Inc (NASDAQ: USAP) from “neutral” to “buy.” USAP's shares closed at $40.65 yesterday. USAP's trailing-twelve-month operating margin is 11.71%. Analysts at Deutsche Bank upgraded Biogen Idec Inc (NASDAQ: BIIB) from “hold” to “buy.” BIIB's...