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Market Wrap For May 28: Markets Take A Breather As Treasury Yields Fall
Wednesday, May 28, 2014 - 4:34pm | 2195Read More...U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...
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Herb Greenberg Talks Michael Kors, SolarCity and Share Buybacks
Wednesday, May 28, 2014 - 3:33pm | 891Read More...TheStreet.com and CNBC's Herb Greenberg was a very special guest on Benzinga's #PreMarket Prep show on Wednesday, May 28. Greenberg brings over 40 years of financial media experience and is one of the most respected and vocal journalists covering the stock market today. Jumping...
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Earnings Expectations For The Week Of May 26: Abercrombie, Costco And More
Monday, May 26, 2014 - 12:39pm | 776Read More...Among the earnings reports due this holiday-shortened week are those from retailers Abercrombie & Fitch (NYSE: ANF), Costco Wholesale (NASDAQ: COST) and Dollar General (NYSE: DG). Strong results are also expected from semiconductor maker Avago Technologies (NASDAQ: AVGO) and from homebuilder...
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Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471Read More...U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...
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Fossil Earnings Preview: Is It Time To Shine?
Tuesday, May 13, 2014 - 2:26pm | 439Read More...Fossil (NASDAQ: FOSL) is set to report its first quarter results on Tuesday after market close. Analysts are expecting the consumer fashion accessories designer to earn $1.17 per share on revenue of $771.6 million. Fossil reported strong fourth quarter results on February 11. The company earned...
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Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049Read More...U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441Read More...U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Report: J. Crew Considering Going Public This Year
Friday, February 28, 2014 - 5:20pm | 589Read More...First lady, Michelle Obama is a big fan of clothing retailer, J. Crew. The company will need to pick up quite a few more supporters if it decides to go public later this year, as reported by Bloomberg. While nobody is talking on the record, including TPG spokesman Owen Blicksilver and Margot...
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Michael Kors Announces A Push Into Men's Wear
Wednesday, February 5, 2014 - 4:05pm | 386Read More...When Michael Kors (NYSE: KORS) reported its third quarter results on February 4, the company announced that it intends to make “a significant push in the men's business.” Michael Kors will announce a new president from a “very successful large global men's company” to lead the men's business...
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Earnings Expectations For The Week Of February 3: GM, Twitter, Disney And More
Monday, February 3, 2014 - 7:42am | 989Read More...January, with its five percent correction, is behind us, and earnings continue to roll out this week, whether or not the groundhog saw his shadow. Highlights will include quarterly results from General Motors (NYSE: GM), Merck (NYSE: MRK), Philip Morris (NYSE: PM) and Walt Disney (NYSE: DIS),...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Read More...Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
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Market Wrap For January 7: Markets Reverse 3-Day Slump
Tuesday, January 7, 2014 - 5:39pm | 2743Read More...For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...
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Michael Kors Reports Solid Earnings As Stores Continue To Pop Up
Tuesday, November 5, 2013 - 4:42pm | 336Read More...Michael Kors (NYSE: KORS) on Tuesday reported its second quarter 2014 results. Revenue came in at $740.3 million, which beat The Street's consensus by $18.1 million. Earnings Per Share (EPS) of $0.71 also beat the Street's consensus by $0.02. Michael Kors continues to offer its clients a product...
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Seven ETFs On A Roll (BIB, SOCL, TAN)
Saturday, October 5, 2013 - 10:55am | 898Read More...Shares of the following exchange traded funds are trading more than 20 percent higher than 90 days ago, and they are within 10 percent of their 52-week highs. This set of ETFs provides a peek at areas investors have focused on in the third quarter, even as interest rates crept up, during the...
















