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Bookkeeping: Some Sales at the Open
Thursday, August 12, 2010 - 8:31am | 955These positions will execute first thing in the morning, I am looking to sell off some inventory on the long side, looking at stocks whose charts are at risk and with a gap down open on the index will do some damage. The only question is when the cursory oversold bounce happens will these charts...
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Zacks Analyst Blog Highlights: Computer Sciences Corporation, Accenture, Hewlett-Packard, JA Solar Holdings and The Scotts Miracle-Gro - Press Releases
Thursday, August 12, 2010 - 8:19am | 1979For Immediate Release Chicago, IL – August 12, 2010 – Zacks.com Analyst Blog features: Computer Sciences Corporation. (CSE), Accenture (ACN), Hewlett-Packard (HPQ), JA Solar Holdings (JASO) and The Scotts Miracle-Gro Co. (SMG ). Here are highlights from Wednesday’s Analyst Blog: CSC Mixed on Top,...
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Scotts Miracle-Gro Beats, Reaffirms - Analyst Blog
Thursday, August 12, 2010 - 5:47am | 436The Scotts Miracle-Gro Co. (SMG) recorded a 19.0% growth in fiscal 2010 third-quarter GAAP net income to $175.9 million from $147.8 million in the year-ago period mainly due to better pricing and cost containment initiatives. Earnings from continuing operations came in at $2.61 per share, easily...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 11, 2010 - 8:11am | 457Pre-open movers US stock index futures fell sharply today, as investor confidence dropped following the downgrade of the economic outlook by the Federal Reserve. While futures on the Dow Jones Industrial Average fell 45.00 to 10,620, those on the S&P 500 lost 16.20 to 1,103.50. Meanwhile,...
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SMG May Face Some Volume Weakness In FQ4 On High Retail Inventories
Wednesday, August 11, 2010 - 7:42am | 161Analysts at JP Morgan reiterate their "neutral" rating on Scotts Miracle-Gro Co (NYSE: SMG), while raising their estimates for the company. The target price for SMG has been raised from $45 to $52. According to JP Morgan, “Scotts is improving its domestic market share position in both key lawn and...
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Jim Cramer Says It’s Time To Buy, As Fed Made Positive Statements
Wednesday, August 11, 2010 - 6:38am | 263In an article on CNBC, Jim Cramer said that the Federal Reserve is doing everything possible to promote an economic recovery. According to Reuters, the Fed has retained its interest rates at the low level of 0% and 0.25% and has promised to keep them there for an extended period. Reuters quoted...
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Jim Cramer's Mad Money Lightning Round (EGO, SD, TSN, POT, DE, MON, AGU, ETP, KMP)
Monday, August 9, 2010 - 7:11pm | 290On CNBC's Mad Money Lightning Round, Jim Cramer said that he likes gold, and he believes that it will go higher in September. Cramer likes Eldorado Gold Corporation (USA) (NYSE: EGO), and believes that it is the fastest growing gold stock in the world. Eldorado Gold Corporation (USA) (EGO) gained 0...
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Zacks Analyst Blog Highlights: CF Industries, ValueClick, Public Storage, Endo Pharmaceuticals and FTI Consulting - Press Releases
Monday, August 9, 2010 - 4:53pm | 1811For Immediate Release Chicago, IL – August 09, 2010 – Zacks.com Analyst Blog features: CF Industries Holdings Inc. (CF), ValueClick Inc. (VCLK), Public Storage (PSA) Endo Pharmaceuticals Holdings Inc. (ENDP) and FTI Consulting Inc. (FCN ). Here are highlights from Friday’s Analyst Blog: CF Falls...
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Monsanto Upgraded to Neutral - Analyst Blog
Monday, August 9, 2010 - 4:22pm | 380We upgrade our recommendation on Monsanto Company (MON) from Underperform to Neutral based on our optimism on the higher production of SmartStax corn seeds. SmartStax, which is planted on 3 million acres out of a total of 32 million acres, is expected to cover 15 million acres in fiscal 2011 and...
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Bookkeeping: Weekly Changes to Fund Positions Year 4, Week 1
Monday, August 9, 2010 - 7:29am | 2565Year 4, Week 1 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 62.5% (v 79.6% last week) 24 long bias: 32.4% (v 17.8% last week) 3 short bias: 5.1% (v 2.6% last week) 27 positions (vs 17 last week)...
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Jobs Report Disappoints 08-06-2010
Friday, August 6, 2010 - 2:12pm | 864Cusick’s Corner Market participants continue to worry – the latest jobs data was disappointing, the private sector added fewer jobs than expected. The Labor Department’s unemployment number actually came in at 9.5% which is the same as last month’s, but that’s because some discouraged job seekers...
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Fertilizer Stocks Fall (AGU, POT, MON, MOS)
Friday, August 6, 2010 - 1:24pm | 97CBOT wheat prices have pulled back from 23-month highs on Friday. The run-up in wheat is due to a severe drought in Russia and has pushed up the price of other agricultural commodities as well. As a result of the surge in agricultural commodity prices, traders have bid up fertilizer stocks. During...
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Back-to-School Spending 08-05-2010
Thursday, August 5, 2010 - 5:31pm | 897Cusick's Corner Trading volume was light today. Many market participants were on the sidelines, waiting for Friday’s nonfarm payrolls report that comes out premarket at 8:30am ET. Most economists are predicting that the unemployment rate will rise to 9.6% from June’s 9.5%. (To access the...
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CF Industries Falling After Earnings Report (CF)
Thursday, August 5, 2010 - 3:55pm | 143Fertilizer company CF Industries (NYSE: CF) reported Q2 net earnings attributable to common stockholders of $105.1 million, or $1.54 per diluted share, down from earnings of $213.0 million, or $4.33 per diluted share, in the 2009 second quarter. On an adjusted basis, EPS was $2.51, which came in...
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CF Industries Beats On Revenues, Misses On EPS (CF)
Thursday, August 5, 2010 - 3:51pm | 34CF Industries Holdings, Inc. (NYSE: CF) reports Q2 EPS of $2.51 versus estimates of $3.16. CF Industries Holdings, Inc. reports Q2 revenues of $1.3 billion versus estimates of $1.23 billion.