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The Pantry (NASDAQ:PTRY) sees its FY12 merchandise gross margin at 33.4 percent to 33.7 percent. The company also sees its Q3 CapEx at $15 million to $18 million, with a merchandise gross margin of 33.6 percent to 34.4 percent. The shares closed at $14.97, up $0.38 or 2.6% on the day. They have traded in a 52-week range of $9.52 to $15.74.
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Sei Investments Comp (NASDAQ:SEIC) announced that its initial client for its Global Wealth Services, HSBC Private Bank UK, signed an extension to the contract which cements their relationship with SEI until June 2015. The relationship, which started during the summer of 2007, was the first external contract for SEI’s Global Wealth Services, or GWS. This important relationship with HSBC Private Bank UK has assisted solidifying SEI’s position in the U.K. market and helped the company continue to grow the its offering to a broader segment of clients. The contract extension states that GWS will keep to powering HSBC’s UK Private Banking offering for three additional years. The shares closed at $21.75, up $0.22 or 1.02% on the day. They have traded in a 52-week range of $13.73 to $21.77.
Sherwin-Williams Com (NYSE:SHW) received notification of an unsolicited mini-tender offer by TRC Capital Corporation for the purchase of as much as 1 million shares, or about 0.97 percent, of Sherwin-Williams’ outstanding common stock at a price of $129.50 per share. The offer price totaled 4.39 percent lower than the closing price on July 30, the day prior to the offer commencement. Sherwin-Williams does not endorse TRC’s offer and recommends that shareholders to not tender their shares. The shares closed at $138.78, up $3.37 or 2.49% on the day. They have traded in a 52-week range of $69.47 to $136.85.
Starwood Property (NYSE:STWD) reports its Q2 EPS at 45c, versus the 43c in 2Q11 The shares closed at $22.50, up $0.02 or 0.09% on the day. They have traded in a 52-week range of $15.89 to $22.75.
Target Corp. (NYSE:TGT): According to a June 2012 survey among 5,000 Android and iPhone users in the U.S., Nielsen discovered that 47 percent of them have used a native shopping app on their phones. During June, the eBay (NASDAQ:EBAY) and Amazon (NASDAQ:AMZN) apps were leading the list, attracting 13 million and 12 million unique users, respectively. Similarly, traditional retailers such as Target (NYSE:TGT) and Walgreens (NYSE:WAG) have received a large amount of mobile traffic from savvy shoppers trying to find the best deals in their local retail stores. Daily deal sites such as Groupon (NASDAQ:GRPN) and LivingSocial saw more than 10 million Americans using their apps in June 2012. The shares closed at $62.64, up $0.25 or 0.4% on the day. They have traded in a 52-week range of $46.54 to $62.90.
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