Last week, Starbucks (SBUX: Charts, News, Offers) unveiled the Verismo, a single-serve brewer squarely aimed at a market dominated domestically by Green Mountain Coffee Roasters’ (GMCR: Charts, News, Offers) popular Keurig brewers and its patented “…
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Starbucks (SBUX) Takes Aim at Green Mountain (GMCR) and Nestle
March 13th, 2012Nuance Communications (NUAN) Pays a 41% Premium for Rival Transcend Services (TRCR)
March 12th, 2012Last week, speech-recognition software manufacturer Nuance Communications (NUAN: Charts, News, Offers) acquired its rival Transcend Services (TRCR: Charts, News, Offers) for $313 million, its largest purchase in nearly four years. The deal offers a…
Apple (AAPL), the iPad 3 and the $500 Billion Question
March 9th, 2012Shares of Apple (AAPL: Charts, News, Offers), the largest company in the world, have risen 30% since the beginning of 2012, topping out its market cap at over $500 billion. Despite the loss of iconic visionary Steve Jobs last October, the world’s mo…
American Eagle (AEO) Soars as Solid Guidance Reassures Investors
March 8th, 2012Shares of American Eagle Outfitters (AEO: Charts, News, Offers) rallied strongly on Wednesday despite posting a 41% decline in profit. For its fourth quarter, the clothing retailer posted earnings of 26 cents per share, or $51.3 million, a precipito…
Dick’s Sporting Goods Stock Makes New High on 27% Higher 4Q Net
March 7th, 2012Shares of Dick’s Sporting Goods Inc. (DKS: Charts, News, Offers) closed up +1.32 or +2.90 percent to $46.89 per share on Tuesday, after the company reported its fourth quarter earnings had risen 27 percent over the same period last year. The Pittsbu…
Foot Locker (FL) Forecasts a Third Consecutive Year of Growth in 2012
March 6th, 2012At the end of last week, shares of apparel and footwear retailer Foot Locker (FL: Charts, News, Offers) were tugged in both directions by bulls and bears despite soundly beating on both earnings and revenue. The company, which has increased its prof…
Against Tough Odds, Kroger (KR) Outpaces its Rivals
March 5th, 2012Kroger (KR: Charts, News, Offers), the largest American supermarket chain, beat Wall Street estimates with strong fourth quarter results that came in higher than rivals Safeway (SWY: Charts, News, Offers) and Supervalu (SVU: Charts, News, Offers). I…
Lights Out for First Solar (FSLR)
March 2nd, 2012It’s been a rough year for investors of solar bellwether First Solar (FSLR: Charts, News, Offers), which this week earned the dubious distinction as the worst performing S&P 500 component of 2012 after it reported weak fourth quarter earnings and de…
Costco (COST) Posts a 13% Increase in Profit
March 1st, 2012Yesterday, wholesale superstore Costco (COST: Charts, News, Offers) topped Wall Street estimates with strong second quarter earnings and revenue. The company, based in Issaquah, Washington, posted earnings of 90 cents per share, or $394 million, on …
Priceline (PCLN) Soars on Better than Expected Earnings
February 29th, 2012Shares of Priceline.com Inc. (PCLN: Charts, News, Offers) closed up +41.22 or +6.97 percent to $632.76 per share on Tuesday, after the company reported its fourth quarter earnings late Monday. The Norwalk, Connecticut based online reservation and tr…
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