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GameStop Corp. (NYSE: GME) Surged After Results

Posted on 03/18/10 at 8:48am
GameStop Corp. (NYSE: GME) reported a fourth quarter total sales of $3.52 billion, as compared to $3.49 billion for the same quarter last year. Comparable store sales decreased 7.9%. Net earnings decreased 7.1% to $215.9 million, as compared to net earnings of $232.3 million for the same quarter last year.
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Palm, Inc. (PALM) Maintains Hold Rating

Posted on 03/18/10 at 8:26am
Analyst Shaw Wu at Kaufman Bros. has released an update on Palm, Inc. (NASDAQ: PALM). The company will, report its third-quarter results on Thursday.
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Top Narrow Based Indexes For March 17 (TQNT, TXI, LLEN)

Posted on 03/18/10 at 8:14am
With the Fed holding rates at their record lows and the PPI data coming in positive, the market continued its march up today as well. While the Dow Jones Industrial Average added around 77 points to trade at 10,763.37, Nasdaq moved up 17.26.
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Benzinga’s News Roundup (SI, TEVA, CPA, BKC)

Posted on 03/18/10 at 7:52am
Siemens AG (ADR) (NYSE: SI) reported today that it will eliminate 4,200 jobs worldwide by 2011 in its IT business unit. Siemens AG (ADR) decreased 1.16% to $98.08 in the pre-market session. The 52 week trading range for SI is $54.44 -$103.08. Siemens closed at $99.23 in the last trading session. In the last year, SI has surged over 75%.
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Australian Court Rules Against JP Morgan (JPM) On Dispute Over Advisory Fees

Posted on 03/18/10 at 7:35am
According to a report by the Financial Times, JP Morgan (NYSE: JPM) lost a dispute over advisory fees, which related to a takeover defense, after an Australian court dismissed the case on Thursday.
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Movers And Shakers Of March 17 (AIB, ABII, BLK, LSI, MDCO, PLCM, VHC, TIN)

Posted on 03/18/10 at 7:14am
US stocks continued to rally yesterday after the PPI for the month of Febraury came in positive. The Dow Jones Industrial Average components that performed brilliantly during yesterday’s session are:
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Teva Pharmaceuticals (TEVA) Close To Buying Ratiopharm

Posted on 03/18/10 at 6:54am
Bloomberg reports that Teva Pharmaceuticals Industries Ltd. (ADR) (NASDAQ: TEVA) is close to acquiring Ratiopharm for €3.5 billion. The acquisition would end a nine-month long takeover battle for Ratiopharm, which is the second biggest maker of generic drugs in Germany.
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ETFs To Watch March 18, 2010 (IYT, EWZ, HAO, MTK)

Posted on 03/18/10 at 2:22am
Here is the ETF Professor's ETF Watch List for Thursday March 18, 2010. Play the good retail news from Nike (NYSE: NKE) and Guess (NYSE: GES) with the SPDR S&P Retail ETF (NYSE: XRT).
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CLARCOR (CLC) Falls 3% In After Hours Trading

Posted on 03/17/10 at 8:01pm
Shares of CLARCOR Inc. (NYSE: CLC) were down nearly 3% in after hours trading on Wednesday, after the company released an earnings report that missed analyst estimates. CLARCOR Inc. announced that it earned $14.9 million, or 29 cents per share, for the 1st quarter, compared to earning $8.8 million, or 17 cents per share, a year earlier.
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GameStop Earnings Preview (GME)

Posted on 03/17/10 at 7:21pm
Tomorrow morning before the opening bell, GameStop (NYSE: GME) will be reporting their Q4 earnings numbers. Wall Street analysts are anticipating the company will report EPS of $1.28 versus $1.34 in the year ago period. During today's trading session, GME shares surged 2.32% to $19.86.
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