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Bond Market Starting to Show Nervousness
Thursday, October 14, 2010 - 6:30pm | 915Cusick's Corner The market bounced back into the close, well off its worst levels. But as I mentioned in the midday, the Bond market, TLT, is starting to show nervousness about future inflation and the continued flooding of capital on the fed long-term. What that means for equities is that money...
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John Barnett Named President of U-Haul Company of Los Angeles East
Thursday, October 14, 2010 - 4:04pm | 183The U-Haul Company of Los Angeles East (Co. 713) today announced the promotion of John Barnett to president. Barnett will be responsible for overseeing the daily operations of the company, including truck, trailer and storage rentals. Barnett began his U-Haul career in January 2006 as a customer...
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Top Performing Industries For October 14 (ALAN, BBW, EXK, TM)
Thursday, October 14, 2010 - 10:55am | 235At 10:33 am, the Dow lost 0.04% to 11,091.62, the broader Standard & Poor's 500 index moved down 0.13% to 1,176.59 and the NASDAQ composite index fell 0.01% to 2,441.03. The industries that are still afloat in the market today are: Data Storage Devices: This industry jumped 3.12% by 10:33 am....
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News Summary
Thursday, October 14, 2010 - 9:32am | 141According to the government report, US wholesale prices surged 0.4% in September, driven by increased meat and natural gas costs. The core producer prices, excluding the volatile food and energy categories, moved up 0.1%. However, economists were expecting a rise of 0.1% in both the overall and...
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Benzinga's Top Upgrades (MGM, F, JNPR, VOD)
Thursday, October 14, 2010 - 7:15am | 150MGM Resorts International (NYSE: MGM) was upgraded by BMO Capital from “market perform” to "outperform." MGM's shares closed at $12.10 yesterday. MGM Resorts' earnings are likely to rise by 40.50% in the next year. Deutsche Bank upgraded Ford Motor Company (NYSE: F) from "hold" to "buy.” Ford's...
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Ford Upgraded To Buy
Thursday, October 14, 2010 - 6:44am | 158Deutsche Bank has upgraded Ford Motor Company (NYSE: F) from Hold to Buy after a long period of maintaining based on valuation. In its research report, Deutsche Bank writes "We have become less concerned about expectations for the NA and European markets, in light of recent demand trends, as well...
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Deutsche Bank Ups Ford To Buy
Thursday, October 14, 2010 - 6:17am | 51Analysts at Deutsche Bank upgrade Ford Motor Company (NYSE: F) from "hold" to "buy." The target price for F has been raised from $14.50 to $19.50. Ford's shares lost 1.02% to close at $13.64 yesterday. More Analyst Ratings here
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Value Investing Congress: An Overview Of Michael Kao
Wednesday, October 13, 2010 - 11:37am | 278Michael Kao is speaking at the Value Investing Congress and is discussing his investments, which include credit, equity and volatility. He employs fundamental research to go along with technical trading. He says way to outperform is be overweight in certain positions, but with stop loss limits. He...
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Value Investing Congress: Michael Kao Sees 50% Upside In GM Bonds
Wednesday, October 13, 2010 - 11:32am | 44Michael Kao is speaking at the Value Investing Congress and he is saying that he sees 50% potential upside in GM convertible bonds. He is suggesting to go long GM debt and short Ford (NYSE: F) debt.
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Ford Posts Record Sales in Asia Pacific and Africa Region
Monday, October 11, 2010 - 9:33am | 77Ford's (NYSE: F) Asia Pacific and Africa region posted record sales in September of 78,700 units, a 27 percent increase, and sales of 651,856 so far this year, an increase of 40 percent In China and India, Ford sold 482,129 vehicles so far this year, a 50 percent increase Led by strong demand for...
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Benzinga's Political Round Up
Friday, October 8, 2010 - 2:42pm | 242The United Arab Emirates has decided it will not suspend Blackberry services this month, which is a coup for Research In Motion (NASDAQ: RIMM). Japan said it will continue to intervene in the foreign currency markets, if it is proven necessary. This would weaken the yen, helping exporters like...
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Ford Releases SDK to Next Set of App Developers
Friday, October 8, 2010 - 1:10pm | 101Ford (NYSE: F) is starting to release its Software Development Kit (SDK) to a new set of interested smartphone app developers so they can modify existing apps to work hands-free using voice recognition through Ford SYNC for safer command and control while driving. The SDK release marks the latest...
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Mad Money Lightning Round: Cramer Prefers Intel And Texas Instruments To Micron, Dislikes Callaway Golf (S, PCS, MU, AMD, INTC, TXN, TSLA, F, HD, PRU, MFC, ELY)
Friday, October 8, 2010 - 5:36am | 263On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Sprint Nextel (NYSE: S) as an inexpensive stock. He advises the investors to sell MetroPCS Communications (NYSE: PCS) and “roll the money into Sprint." For Micron Technology (NASDAQ: MU), he said, "Oh man, no. I've...
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Ford to Cut 33% of Lincoln Dealers - Analyst Blog
Thursday, October 7, 2010 - 9:39pm | 376Ford Motor Co. (F) has announced to eliminate a third of its 1,200 Lincoln dealers in the U.S. Out of 500 Lincoln dealerships in the nation's metropolitan markets, 175 dealerships have been rumored to be eliminated. The automaker's remaining 700 dealerships are located in rural areas. Ford plans...
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Volkswagen AG (ETR:VOW) – Bringing Sexy Back?
Thursday, October 7, 2010 - 12:22pm | 2157Volkswagen may not be all “sexy” just yet, but the German car maker is making an impressive push. VW hopes to not only conquer America's GM and Ford Motor (NYSE:F) (Ford has been gaining ground in 2010) but to surpass Toyota Motor (NYSE:TM) as the number-one selling vehicle in the world by 2018,...