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Tuesday’s Mid-day Options Volume Leaders (PFE, C, AAPL, F, BAC, SPY)
Tuesday, August 3, 2010 - 11:13am | 157The overall market is waning this morning, currently the S&P 500 (NYSE: SPY) is lower by 4 points, trading at 1,122; this is expected given the large rally we had yesterday and the tepid earnings reports this morning. Crude oil futures are up another 0.50% this morning as well. Nat gas is...
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August Drama Is Just Heating Up
Tuesday, August 3, 2010 - 10:45am | 557The stock market indexes all surged higher yesterday clearing above important technical resistance levels. Yesterday's rally higher was broad based and very powerful point wise. At face value it looked very impressive. The catalyst for the rally yesterday was a strong Chinese market and a weak U.S...
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Car Sales And The Financial Threat Of Incentives
Tuesday, August 3, 2010 - 7:30am | 137July car sales will almost certainly be the best since the “Cars for Clunkers” period last September. Industry experts expect annualized figures to reach 11.8 million. That is still far below the 16 million vehicles that were sold in America in 2006, but automakers have fired enough people and...
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August Opens Strong Like Bull 08-01-2010
Monday, August 2, 2010 - 6:39pm | 804Cusick’s Corner August opened strong by taking the bull by the horns and taking it for a ride. All the major indices closed in the green. While the After Hours did have further upside, this move was grinding and rather uneventful. The market was focused on continuing this uptrend, breaking...
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Clues World Economies May Be Healthier Than Anticipated 08-02-2010
Monday, August 2, 2010 - 2:44pm | 786Cusick’s Corner After the early session pop, trading has been a grinding to the upside and the bulls are in control. The trading volume has been light, typical for summer. Adding a little more fuel to this upside move -- Copper (HGU10 +.075) and Crude (CLU10 +2.39), both plays that the world’s...
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Ford Sharpens Focus; Ford Stock Spikes
Monday, August 2, 2010 - 1:59pm | 140(TheStreet) -- Ford (NYSE: F) stock is spiking Monday as the company announced the completion of its Volvo unit sale and related assets to Chinese automaker Zhejiang Geely, which will boost the company's balance sheet. Shares of Ford have jumped 2.8% to $13.13 in midday trading. Geely bought Volvo...
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Monday’s Mid-day Options Volume Leaders (C, AAPL, BAC, BP, F, SPY)
Monday, August 2, 2010 - 11:15am | 129The overall market is screaming higher today; currently, the S&P 500 (NYSE: SPY) is higher by 21 points, trading at 1,122. It appears that under-invested longs are flowing money into the market after have less-than-stellar performance versus indexes in July. Here are your mid-day options...
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Zacks Bull and Bear of the Day Highlights: Jabil Circuit, Quest Diagnostics, Ford, Toyota and Chesapeake Energy - Press Releases
Monday, August 2, 2010 - 11:12am | 3583For Immediate Release Chicago, IL –August 02, 2010 – Zacks Equity Research highlights: Jabil Circuit (JBL) as the Bull of the Day and Quest Diagnostics (DGX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Ford (F), Toyota (TM) and Chesapeake Energy (CHK). Here is a...
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Company News for August 2, 2010 - Corporate Summary
Monday, August 2, 2010 - 10:22am | 735• Humana (NYSE: HUM) posted second quarter earnings of $2.00, versus Zacks estimates of $1.63, on revenues of $8.65 billion, versus Zacks estimates of $8.58 billion. The company provided full-year guidance of $5.65-$5.75 • NRG Energy (NYSE: NRG) topped estimates with second quarter earnings of 81...
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Honda Profits Rise by $3 Billion - Analyst Blog
Friday, July 30, 2010 - 2:36pm | 872Honda Motor Co. (HMC) posted a profit of ¥272.5 billion ($3.1 billion) for the first quarter of its fiscal year 2011 that rose remarkably by ¥264.9 billion ($3 billion) from ¥7.6 billion ($85 million) in the same quarter of the previous fiscal year. This was equivalent to earnings per share of ¥150...
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Market Roundup (PEG, CPN, RRI, FIATY, F)
Friday, July 30, 2010 - 2:35pm | 176Although big power producers continue to declare solid earnings, smaller producers are taking a hit in their margins due to lower energy prices. Despite poor quarterly results by the likes of Public Service Enterprise Group (NYSE: PEG), Calpine (NYSE: CPN) and RRI Energy (NYSE: RRI), small...
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In-Depth: 2nd Quarter GDP Growth - Analyst Blog
Friday, July 30, 2010 - 2:00pm | 3316In the second quarter (2Q) Gross Domestic Product (GDP) grew at a rate of 2.4%, which was slightly less than the 2.5% consensus expectation, although the expectations had been moving down over the last week or so. However, the first quarter was revised sharply higher to an increase of 3.7% from 2.7...
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Tenneco Outpaces Estimates - Analyst Blog
Friday, July 30, 2010 - 12:45pm | 765Tenneco Inc. (TEN) showed a profit of $38 million or 62 cents per share (before special items) during the second quarter of 2010 versus a loss of $10 million or 22 cents per share (before special items) in the same quarter of previous year. The company has far exceeded the Zacks Consensus Estimate...
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Friday’s Mid-day Options Volume Leaders (AAPL, BAC, MSFT, F, PFE, SPY)
Friday, July 30, 2010 - 11:42am | 126The overall market has rallied off of its lows of the day; currently, the S&P 500 (NYSE: SPY) is lower by 3 points, trading at 1,098. The market was as low as 1,088 near the opening bell. Here are your mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 91,687 contracts, 59.7% calls,...
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News Summary (TM, PYGMF, BWIN)
Thursday, July 29, 2010 - 11:08am | 225Toyota Motor Corp (NYSE: TM) has recalled its 412,000 passenger cars in the US. The recalled cars mostly comprise of the Avalon model, which has steering problems that have already resulting in a minimum of three accidents. Since October, the company has already recalled about 8.5 million of other...