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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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'Day Trading For Dummies' Author Talks RadioShack Corporation, American Apparel Inc
Thursday, September 25, 2014 - 9:36am | 413“Day Trading For Dummies” Author Ann Logue visited Benzinga’s #PreMarket Prep show earlier this week to talk about RadioShack Corporation (NYSE: RSH) and American Apparel Inc (NYSE: APP). RadioShack's Grim Prospects RadioShack could have been a great contender, Logue...
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Should Amazon.com, Inc. Use RadioShack Corporation To Enter Brick And Mortar?
Wednesday, September 17, 2014 - 9:42am | 583SunTrust analyst Bob Peck intrigued investors when he recommended that Amazon.com, Inc. (NASDAQ: AMZN) acquire some RadioShack Corporation (NYSE: RSH) locations if the retailer files for bankruptcy. This is merely one analyst's opinion, but the topic has sparked enough interest to get...
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Deutsche Bank: RadioShack Corporation Loss Is Gain For Best Buy Co Inc
Monday, September 15, 2014 - 4:39pm | 248RadioShack Corporation's (NYSE: RSH) possible demise could give a slight boost to Best Buy Co Inc (NYSE: BBY), an analyst said Monday. Deutsche Bank's Michael Baker said a complete RadioShack liquidation would improve Best Buy's same-store sales by 1 percent and add $0.11 a share to...
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Markets Marginally Lower In Quiet Trading Session
Tuesday, August 12, 2014 - 4:40pm | 2553U.S. stocks were marginally lower, as investors and traders may be waiting on the sidelines for further clarity on geopolitical tension. Volume was lighter than usual, as the composite volume on the New York Stock Exchange was 2.2 billion right before the closing bell. Typically, 2.1 billion...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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3 Retailers The Shorts Are Selling
Thursday, June 12, 2014 - 10:46am | 903Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Barnes & Noble (NYSE: BKS) and Sears Holdings (NASDAQ: SHLD) saw significant upswings in short interest between the May 15 and May 30 settlement dates. The number of shares sold short in Best Buy and J.C. Penney swelled more...
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Market Wrap For June 11: Momentum Hit, Dow Suffers Triple Digit Loss
Wednesday, June 11, 2014 - 4:36pm | 2008U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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Earnings Expectations For The Week Of June 9: Lululemon Athletica, RadioShack And More
Sunday, June 8, 2014 - 2:36pm | 734Scheduled quarterly reports from Finisar (NASDAQ: FNSR), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU), RadioShack (NYSE: RSH) and Ulta Beauty (NASDAQ: ULTA) will highlight an otherwise quiet week on the earnings front. Hertz Global Holdings (NYSE: HTZ) was set to report earnings...
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Market Wrap For May 9: Markets Marginally Higher, But Nasdaq Still Suffers
Friday, May 9, 2014 - 4:36pm | 1982U.S. stocks struggled to stay in positive territory as earnings continue to come in mixed and investors and traders still showing a "risk-on" approach. The Dow closed at new record highs as the S&P 500 struggled to stay in positive territory for most of the day. The Nasdaq saw a strong end...
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Weekly Highlights: iPhone 6 Summer Release, Bitcoin Craziness And More
Sunday, March 9, 2014 - 11:12am | 159What a difference a week can make. In that time, Apple (NASDAQ: AAPL) has become a headline-making champion with iPhone 6 release hype, promising concepts (patents, anyone?), legal disputes with Samsung (OTC: SSNLF) and the loss of a prominent executive. Bitcoin also made headlines after a man...
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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Earnings Expectations For The Week Of March 3: Costco, SolarCity And More
Sunday, March 2, 2014 - 5:36pm | 755The calendar page has turned, and the earnings season is all but done. But this week's earnings highlights will include quarterly reports from a few more retailers, such as Costco, Kroger, RadioShack and Staples, as well as some solar companies, including SolarCity and Trina Solar. Here is a...