-
Benzinga's Top Upgrades (TRN, ANF, CAM, GSK)
Monday, February 14, 2011 - 9:22am | 144Trinity Industries Inc (NYSE: TRN) was upgraded by BB&T Capital from "hold" to "buy." TRN's shares closed at $30.46 on Friday. TRN's trailing-twelve-month revenue is $2.05 billion. Wells Fargo upgraded Abercrombie & Fitch Co (NYSE: ANF) from "market perform" to "outperform." ANF's shares...
-
Zings Of The Day (NOK, BLOCKA, AEO)
Friday, February 11, 2011 - 4:43pm | 181This morning Nokia (NYSE: NOK) outlined a broader plan to try to catch up with Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) in the smart phone race. Investors responded by knocking 15% off the company's market cap. This plan seems to be off on the right foot, wouldn't ya say? Blockbuster is...
-
Options Brief: Urban Outfitters (URBN)
Friday, February 11, 2011 - 3:58pm | 86Shares of Urban Outfitters (NASDAQ: URBN) are higher on the session by 0.54%, trading at $37.52. Overall call volume is now running at 2.22x the daily average, with 83% of all calls traded being purchases on the offer. 2,577 contracts have traded on the session so far. Urban Outfitters, Inc. is a...
-
US Investing More in Solar Energy
Friday, February 11, 2011 - 12:28pm | 778By Stephanie Taylor Christensen In 2008, solar power accounted for just 1% of energy in the United States. Now, it seems like solar farms are sprouting up everywhere, partly in thanks to federal support. In July, President Obama awarded $1.85 billion in loan funding to two solar companies --...
-
Calls Purchased on Garmin Ltd. (GRMN)
Friday, February 11, 2011 - 12:28pm | 134Shares of Garmin Ltd. (NASDAQ: GRMN) are higher on the session by 1.52%, currently trading at $33.07. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 20-day moving averages. Options traders are buying calls on the name today. A short...
-
Fast Money Picks For February 11th (IAU, AEO, BP, XBI)
Thursday, February 10, 2011 - 8:49pm | 237On CNBC's Fast Money, Brian Kelly said that he wants to buy iShares Gold Trust(ETF) (NYSE: IAU) on Friday. iShares Gold Trust(ETF) (NYSE: IAU) fell 0.15% in the regular trading session, but it added 0.23% in the after hours. Dennis Gartman said that he is a buyer of gold, Canada and Aussie, and he...
-
Eyes Were On Egypt 02-10-2011
Thursday, February 10, 2011 - 8:01pm | 858Cusick's Corner The market bounced on Egyptian President Mubarak's news conference where he vowed to step down in September. The Egypt ETF, EGPT, also bounced but we will have to see what happens if the crowds at Tahrir Square do not orderly dissipate. This news was expected -- Mubarak already...
-
Safefty Trades Have Been Hit 02-10-2011
Thursday, February 10, 2011 - 4:49pm | 906Cusick's Corner With trade overnight mixed and disappointment from tech giant CSCO, the market looked pretty ominous until the beloved dip bid showed up. This has not returned the market to green but has lifted it off the worst levels of the session. The Claims Data on the surface looked excellent...
-
Buyout Rumors At American Eagle Again? (AEO)
Thursday, February 10, 2011 - 2:12pm | 76American Eagle Outfitters (NYSE: AEO) shares are sharply higher today on no real news, and heavy volume. Some are speculating that the teen retailer could potentially be in play for a takeover, either via private equity or a leveraged buyout offer. At last check, shares of American Eagle were up $1...
-
Options Brief: Guess? (GES)
Thursday, February 10, 2011 - 1:39pm | 69Shares of Guess? (NYSE: GES) are lower on the session by 1.40%, trading at $44.96. Overall put volume is now running at 3.41x the daily average, with 17% of all puts traded being purchases on the offer. 1,721 contracts have traded on the session so far. Guess?, Inc. designs, markets, distributes...
-
FirstEnergy Signs MOU for Sale of Fremont Energy Center
Wednesday, February 9, 2011 - 4:53pm | 176FirstEnergy Corp. (NYSE: FE) announced today that it has entered into a non-binding Memorandum of Understanding for the sale of its Fremont Energy Center in Fremont, Ohio, to American Municipal Power, Inc.. The MOU provides, among other things, for the parties to engage in exclusive negotiations...
-
Benzinga's Top ETF Decliners, February 8th (ZSL, SGG, TMF, SQQQ)
Tuesday, February 8, 2011 - 7:55pm | 172ProShares UltraShort Silver (ETF) (NYSE: ZSL) fell 6.61% today, and closed at $9.75, as silver traded higher. ZSL had a volume of 4.57M traded shares, and in the last three months, its average volume was 3.36M traded shares. iPath Dow Jones-UBS Sugar Subindex Total Return ETN (NYSE: SGG) closed its...
-
DSW Skyrocketing In After Hours On Merger Agreement (DSW)
Tuesday, February 8, 2011 - 6:02pm | 401Shares of women's shoe retailer DSW (NYSE: DSW) are moving 11% high in after-hours after the company agreed to merge with Retail Ventures (NYSE: RVI) From the press release: The transaction is expected to generate significant value for DSW, RVI and their respective shareholders, including the...
-
DSW and Retail Ventures Announce Merger Transaction
Tuesday, February 8, 2011 - 5:18pm | 67DSW Inc. (NYSE: DSW) and its largest shareholder, Retail Ventures, Inc. (NYSE: RVI), announced today the two companies have signed a definitive merger agreement providing for RVI to become a wholly-owned subsidiary of DSW in a tax-free exchange of shares at an exchange ratio of 0.435 DSW shares per...
-
SDG&E Adds More Local Solar Energy to its Renewable Portfolio
Tuesday, February 8, 2011 - 5:16pm | 226San Diego Gas & Electric (SDG&E) today announced that it has entered into a 25-year contract with NRG Solar, an NRG Energy Company, to purchase 26 megawatts (MW) of solar energy from a proposed facility in San Diego County, Calif. NRG Solar's new solar facility will be located in Borrego...