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#PreMarket Primer: Monday, December 15: Hostages Taken In Downtown Sydney
Monday, December 15, 2014 - 8:52am | 1005Read More...An armed man took several hostages inside a downtown Sydney cafe and forced them to display the Islamic flag, raising suspicions that the attack was carried out by supporters of Islamic militants and their war in the Middle East. As of 7:00 GMT, five of the hostages had been released, but police...
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#PreMarket Primer: Tuesday, December 2: Hackers Turn To Wall Street
Tuesday, December 2, 2014 - 9:28am | 1129Read More...The latest in a string of cyber attacks on U.S. companies suggested that the hackers were interested in sensitive information that would give them a leg up in the stock market. The computer security firm FireEye said hackers appear to have targeted healthcare and pharmaceutical companies over...
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Oil Tumbles Following OPEC's Thursday Decision, Equities Little Changed During Friday's Shortened Session
Friday, November 28, 2014 - 3:09pm | 699Read More...While equities market were closed on Thursday in observance of Thanksgiving, OPEC nations gathered and jointly decided to maintain current output levels despite the slide in oil prices. Virtually every oil-related company, as well as many large solar companies, saw declines in share price on...
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Dow, S&P 500 Close At Record Highs To Kick Off Thanksgiving Week
Monday, November 24, 2014 - 5:49pm | 796Read More...U.S. stocks were mostly higher on Monday to kick off the shortened trading week that will pause on Thursday and close at 1 p.m. ET on Friday for Thanksgiving. Speaking to CNBC, bond guru Jeffrey Gundlach said that the Federal Reserve may raise its rates in 2015, but not for fundamental reasons...
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Credit Suisse: GameStop 'On Pause,' Lowers Price Target
Friday, November 21, 2014 - 10:28am | 250Read More...Following GameStop's (NYSE: GME) third-quarter results on Thursday, Seth Sigman of Credit Suisse reiterated a Neutral rating on shares with a price target lowered to $44 from a previous $46. "GameStop reported weaker Q3 results and lowered its Q4 guidance, which we expect to send the...
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Another Quiet Day As Major Indices Little Changed To Close The Week
Friday, November 14, 2014 - 6:07pm | 770Read More...U.S. stocks were little changed yet again in Friday's action with no catalysts appearing to push stocks in any one direction. Retail sales rose more than expected in October, according to economic data released. A separate economic report showed import prices declining in September due to a...
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Deutsche Bank: Wal-Mart Is Now A Staple, Not A Retailer
Friday, November 14, 2014 - 1:00pm | 214Read More...Paul Trussell of Deutsche Bank had some interesting commentary on Wal-Mart Stores, Inc. (NYSE: WMT) following its third quarter results on Thursday. "Most retailers with zero earnings growth this year and likely next year as well, are not typically rewarded with multiple expansion,"...
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Wal-Mart's Earnings Help Boost Dow To New Highs
Thursday, November 13, 2014 - 5:39pm | 1092Read More...U.S. stocks were mildly higher on Thursday as major indices were little changed at the closing bell. The S&P 500 and Dow both traded at new highs following Wal-Mart Stores, Inc.'s (NYSE: WMT) premarket earnings. Data from the Labor Department showed initial claims for state...
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All Quiet On The Market Front: Dow, S&P 500, Nasdaq Virtually Flat
Wednesday, November 12, 2014 - 5:38pm | 996Read More...U.S. stocks were little changed on Wednesday in another quiet trading session due to a lack of catalysts to move stocks. Economic data showed wholesale inventories rose more than expected in September. Looking forward to Thursday, retail giant Wal-Mart will report earnings before market open...
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Wal-Mart Earnings Preview: Calm Before The Holiday Shopping Season Storm?
Wednesday, November 12, 2014 - 3:48pm | 540Read More...Wal-Mart Stores, Inc. (NYSE: WMT) will report its third quarter results on Thursday before market open. Analysts are expecting the world's largest retailer to earn $1.12 per share on revenue of $118.35 billion. Wal-Mart last reported its quarterly results on August 14. The company earned $1...
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Early November Retail Sales Mixed Ahead Of Earnings
Tuesday, November 11, 2014 - 4:34pm | 224Read More...For the first week in November, same-store sales across the United States fell 1 percent when compared to the same week in October but were 3.8 percent higher than the same week a year ago, according to data from Tuesday's Redbook. On the other hand, Tuesday's ICSC-Goldman data showed U...
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Earnings Expectations For The Week Of November 10
Sunday, November 9, 2014 - 8:59pm | 956Read More...If the earnings season seems to be starting to wind down, then it must be time for the big retailers to begin sharing their quarterly results. This will provide a look at where they stood ahead of the crucial holiday shopping season. From Wal-Mart Stores, Inc. (NYSE: WMT), analysts are looking...
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Gilford Securities: Amazon Measures Performance By Cash Flow, Not Profits
Wednesday, November 5, 2014 - 9:24am | 238Read More...Amazon.com, Inc. (NASDAQ: AMZN) has utilized innovative ways to battle against traditional retailers like Wal-Mart Stores, Inc. (NYSE: WMT) to gain market share and become an industry leader. Amazon's growth and impact on the retailing space has certainly made its mark, at least according to...
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Markets Mostly Lower As Americans Head To Vote, Oil Continues To Tumble
Tuesday, November 4, 2014 - 5:30pm | 864Read More...U.S. stocks mostly closed slightly lower a day after major indices hit record all-time highs. Americans are heading to the ballots today in a congressional election. The Republican party is expected to increase the number of seats it controls in the House and Senate. The CBOE Volatility Index...
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#PreMarket Primer: Friday, October 31: BOJ Spooked By Lackluster Growth And Inflation
Friday, October 31, 2014 - 8:15am | 1422Read More...On Friday, the Bank of Japan surprised investors by announcing a new round of stimulus in an effort to kickstart the nation’s flagging growth and combat weak inflation. After a hefty sales tax increase in April, the nation’s economy has struggled to get back on track, and the...
