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Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
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#PreMarket Primer: Tuesday, January 7: Yellen Now Confirmed
Tuesday, January 7, 2014 - 8:08am | 801Volatility has returned to the markets in 2014. Monday’s trading session saw a 127-point swing in the Dow as Wall Street reacted to government data that didn’t meet expectations. The Dow ended the day at 16,425.10—down 44.89 or 0.27 percent. The S&P 500 lost 4.6 points or 0.25 percent to...
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Earnings Expectations for the Week of June 24
Sunday, June 23, 2013 - 8:41pm | 882Quarterly reports from Nike (NYSE: NKE), Walgreen (NYSE: WAG) and BlackBerry (NASDAQ: BBRY) will be among the highlights on the earnings front this week. Here is a quick look at what analysts are expecting from these and some of the week's other, most prominent earnings reports. See also:...
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Earnings Expectations for the Week of March 25
Sunday, March 24, 2013 - 3:51pm | 852Here is a quick look at what analysts expect to see from SAIC (NYSE: SAI), Mosaic (NYSE: MOS), GameStop (NYSE: GME) and some of the other most prominent quarterly reports scheduled for this week. Accenture Second-quarter fiscal 2013 earnings from Dublin-based Accenture (NYSE: ACN) are expected to...
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Earnings Expectations for the Week of January 7
Sunday, January 6, 2013 - 2:02pm | 898The new earnings season gets underway this week, with Alcoa (NYSE: AA) on deck Tuesday and Wells Fargo (NYSE: WFC) scheduled to report fourth-quarter results on Friday. By and large, analysts expect to see year-over-year growth in per-share earnings for the quarter from both of these S&P 500...
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Earnings Expectations for the Week of October 15
Monday, October 15, 2012 - 6:54am | 1457The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...
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Student Loan Interest Rate Freeze May Not Apply to All
Thursday, June 28, 2012 - 10:41am | 557Congress looks set to approve a deal to freeze interest rates on student loans at the current levels, preventing them from nearly doubling and, as a result, forcing students to pay thousands of dollars more. However, a report in the Tucson Citizen suggests that the relief deal will only help...
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Earnings Expectations for the Week of June 25 (MON, NKE, GIS)
Monday, June 25, 2012 - 11:17am | 941This week, General Mills, Monsanto and Nike will step into the earnings spotlight. All three of these companies are forecast to report earnings growth. Below is a day-by-day rundown of what analysts expect from the week's most prominent quarterly reports. Monday Apollo Group (NASDAQ: APOL), an...
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Earnings Expectations for the Week of March 26 (BBY, FDO, WAG)
Sunday, March 25, 2012 - 10:58am | 1144While much of the attention will be on the Supreme Court this week, Best Buy is on tap to report its quarterly results. Analysts expect year-over-year earnings growth from the box-box retailer, as well as from Family Dollar and Red Hat. But the consensus forecasts for this week's results from...
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Earnings Expectations for the Week of January 2
Monday, January 2, 2012 - 6:41am | 930The week (and the new year) will start off quietly, as far as quarterly reports are concerned. Things will pick up a little steam later in the week as Apollo Group (NASDAQ: APOL), Constellation Brands (NYSE: STZ), Family Dollar (NYSE: FDO), Monsanto (NYSE: MON) and Mosaic (NYSE: MOS) each step into...
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Earnings Expectations for the Week of October 17
Sunday, October 16, 2011 - 9:36am | 1322The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...
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New Oriental Education Earnings Preview: More Strong Sales Growth Expected
Friday, July 15, 2011 - 10:06am | 616New Oriental Education & Technology Group (NYSE: EDU) is scheduled to report fourth-quarter fiscal 2011 results Monday, July 18, before the markets open. The company has bucked the trend of declines in other Chinese education providers, and it has also seen strong revenue growth in recent...
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Sterne Agee Maintains Neutral on Apollo Group
Friday, July 1, 2011 - 9:01am | 89Sterne Agee is out with its report today on Apollo Group (NASDAQ: APOL), maintaining Neutral. In a note to clients, Sterne Agee writes, "We are raising our FY11 revenue/EPS estimate from $4.65B/$4.72 to $4.7B/$4.88 primarily to reflect F3Q upside. We are raising our FY12 revenue/EPS estimate...
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UPDATE: Bank of America Merrill Lynch Raises PO on Apollo Group to $52
Friday, July 1, 2011 - 8:08am | 131Bank of America Merrill Lynch is out with its report today on Apollo Group (NASDAQ: APOL), raising its PO from $50 to $52. In a note to clients, Bank of America Merrill Lynch writes, "We appreciate that visibility into results remains limited as Apollo is in a significant transition period but...
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Oppenheimer Maintains Perform on Apollo Group
Friday, July 1, 2011 - 7:40am | 100Oppenheimer is out with its report on Apollo Group (NASDAQ: APOL), maintaining Perform. In a note to clients, Oppenheimer writes, "At 13.5x our FY12E EPS of $3.25, APOL's at a slight premium to the market multiple. With FY12 likely trough, the level is intriguing. However, we expect multiple...