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Insider Buys Of The Week: Intercept Pharmaceuticals, Macy's And More
Sunday, April 15, 2018 - 6:05pm | 875Insider buying can be an encouraging signal for potential investors. Insiders at a biotech took advantage of a secondary offering this past week. Several retailers saw notable insider purchases as well. Conventional wisdom says that insiders and 10-percent owners only buy shares of a...
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Conn's Plunges 16% Following Top And Bottom Line Miss
Thursday, June 2, 2016 - 9:26am | 434Shares of Conn's Inc (NASDAQ: CONN) were trading lower by more than 16 percent early Thursday morning after the company reported its first quarter results. Conn's said it lost $0.31 per share in the quarter on revenue of $389.1 million. Wall Street analysts were expecting the company to...
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Conn's Shares Crash Following Q4 Miss
Tuesday, March 29, 2016 - 11:06am | 326Shares of CONN'S, Inc. (NASDAQ: CONN) plunged more than 20 percent on Tuesday after the company reported its fourth quarter results. Conn's said it earned $0.11 per share in the fourth quarter on revenue of $456.8 million. Wall Street analysts were expecting the company to earn $0.28...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...
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Market Wrap For June 3: Markets Run Out Of Steam
Tuesday, June 3, 2014 - 4:44pm | 2002U.S. stocks were lower with the S&P 500, Dow Jones and Nasdaq indices all ending in the red. In a lackluster trading session with little market moving move, investors are likely sitting on the sidelines until key data will be released later on this week. All eyes will be on Friday's...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Earnings Expectations For The Week Of March 24: BlackBerry, Walgreen And More
Sunday, March 23, 2014 - 11:02am | 934While investors watch the ongoing standoff between the West and Russia, and hope for fresh signs of economic growth in the GDP and PMI numbers, more off-season quarterly reports will roll out this week. Highlights will include earnings results from BlackBerry (NASDAQ: BBRY) and Walgreen (NYSE:...
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Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
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Top Trending Tickers On StockTwits For February 20
Thursday, February 20, 2014 - 12:45pm | 835Here's a look at the top tickers trending on StockTwits.com Facebook: $16 billion acquisition On Wednesday, Facebook (NASDAQ: FB) announced that is acquiring mobile messaging leader WhatsApp for $16 billion in stock and cash in addition to $3 billion worth of restrict stock units. WhatsApp has...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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Earnings Expectations for the Week of April 1
Sunday, March 31, 2013 - 2:19pm | 870Here is a quick look at what analysts expect to see from ConAgra Foods (NYSE: CAG), McCormick (NYSE: MKC), Monsanto (NYSE: MON) and some of the other most prominent quarterly reports scheduled for this week. Acuity Brands Second-quarter fiscal 2013 earnings from Atlanta-based Acuity Brands (NYSE...
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UPDATE: Jefferies Raises PT on Conn's to $5
Monday, May 23, 2011 - 8:19am | 121Jefferies is out with its report today on Conn's (NASDAQ: CONN), raising its PT from $4.95 to $5. In a note to clients, Jefferies writes, "Our $5 Price target is based on the stock selling at about 12x our $0.41 FY12 EPS, in line with our peer PT multiples. We think this multiple target is more...
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Jefferies Raises PT on Conn's to $4.95 (CONN)
Tuesday, April 5, 2011 - 7:43am | 111Jefferies is out with its report on Conn's (NASDAQ: CONN) raising its PT from $4.53 to $4.95. In a note to clients, Jefferies writes, "Our $4.70-$5.20 Price target range is based on the stock selling at about 11-12x our $0.43 FY12 EPS estimate. We think this multiple target is more than fair when...
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Jefferies Finds Conn's Meeting Expectations (CONN)
Wednesday, February 9, 2011 - 9:22am | 104Jefferies is out with a new report that maintains its Hold rating after Conn's (NASDAQ: CONN) reported Q4 Net Sales Results. “Merchandise comp store sales increased 5.2%, in-line with our expectation of mid-single digits. Repair service agreement commissions and service revenue totaled $10.1...