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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Markets Slightly Lower As Bullard Hints Higher Rates Could Come Sooner Than Expected
Thursday, June 26, 2014 - 4:34pm | 2399U.S. stocks were little changed as investors digested comments coming from head of the Federal Reserve Bank of St. Louis. The Fed's Jim Bullard said that the 2.9 percent decline in the first quarter GDP is “giving me heartburn.” Bullard added that the worse than expected figure...
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Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
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Market Wrap For May 13: Markets Close Again At Record Highs
Tuesday, May 13, 2014 - 4:36pm | 2460U.S. stocks were mixed as a positive measurement of small business sentiment offset a disappointing retail data set. Following Monday's action, the S&P 500 and Dow indices not only traded at new historical-all time highs, but closed at record highs. In fact, the S&P 500 briefly traded...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Elizabeth Arden Chatter May Be More Than Just Rumors
Thursday, April 24, 2014 - 4:01pm | 525Shares of Elizabeth Arden (NASDAQ: RDEN) continued to trade higher on Thursday following news reports that the company has enlisted the services of Goldman Sachs bankers to explore a sale of the company. Bloomberg reported on Wednesday that a South Korean cosmetics and beverages company called...
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Oppenheimer Reiterates Outperform on Elizabeth Arden
Tuesday, July 12, 2011 - 8:10am | 106Oppenheimer is out with its report today on Elizabeth Arden (NASDAQ: RDEN), reiterating Outperform. In a note to clients, Oppenheimer writes, "While shares of RDEN have been somewhat range-bound throughout much of this year, our bull case remains very much intact, centered on margin expansion and...
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Cosmetics Stocks: Looking Good
Tuesday, May 31, 2011 - 4:59pm | 545Clearly looking good is important to consumers, as stocks of cosmetics companies are going strong even during this anemic economic recovery. All of the stocks discussed here bottomed in January of 2009. Elizabeth Arden (NASDAQ: RDEN), Estee Lauder (NYSE: EL) and Ulta Salon Cosmetics (NASDAQ: ULTA)...
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Oppenheimer Raises RDEN Target From $33 To $35
Friday, April 1, 2011 - 9:24am | 28Oppenheimer is raising its PT on shares of Elizabeth Arden, Inc. (NASDAQ: RDEN) from $33 to $35. Elizabeth Arden closed Thursday at $30.01.