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Mid-Day Market Movers (ADG, IFLG, MFLR, WGO)
Thursday, June 17, 2010 - 1:35pm | 175The Allied Defense Group Inc (AMEX: ADG) soared 25.35% to $2.72 by 10:05 am. ADG said that the special meeting of stockholders, where the decision to approve the company’s merger with Chemring Group Plc will take place, has been adjourned till June 30. InfoLogix Inc (NASDAQ: IFLG) climbed 20.42% to...
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Detroit Auto Makers Makes Progress in New J.D. Power Quality Study
Thursday, June 17, 2010 - 1:19pm | 117For the first time in the 24 years of the J.D. Power Initial Quality Study, the owners of domestic models reported fewer problems than the owners of import models. Detroit automaker Ford (NYSE: F) also improved to number 5 in brand quality, ahead of both Honda Motor (NYSE: HMC) and Toyota Motor (...
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Benzinga's Top ETF Decliners (SOXS, DPK, SSG, EDZ)
Tuesday, June 15, 2010 - 4:34pm | 191Semiconductor stocks had a great trading session today, which is a bad news for the owners of Direxion Daily Semiconductor Bear 3X (NYSE: SOXS) and ProShares UltraShort Semiconductors(ETF) (NYSE: SSG). SOXS and SSG traded sharply down today. SOXS declined 16.46% and SSG dropped 8.79%. Direxion...
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Cramer calls Bank of America (NYSE:BAC) a buy
Monday, June 14, 2010 - 10:27am | 1696Jim Cramer, host of CNBC’s lively (and often controversial) Mad Money program, weighed in on Bank of America (NYSE:BAC) late last week. The pundit still calls the stock a solid buy and said that if financial regulation passes, investors won’t be able to “find bank stocks anywhere near where they...
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Cramer Says It’s Time to Buy Teva Pharmaceutical (TEVA) on a Pullback
Tuesday, June 8, 2010 - 8:11am | 1680Last week, during his infamous “Lighting Round” on CNBC, Jim Cramer opined on Teva Pharmaceutical Industries (NASDAQ: TEVA), saying it might be a candidate to buy on the dip given its recent pullback. The eccentric Mad Money host said that even with health care stocks in reversal mode, it could be...
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Stock Market News for June 3, 2010 - Market News
Thursday, June 3, 2010 - 9:33am | 372U.S. stocks erased Tuesday’s losses, helped by a rally in energy and financial shares, as a better-than-expected report on pending home sales and low valuations enticed investors. Government’s announcement of a civil and criminal investigation into the Gulf oil spill had sent major indexes sharply...
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Stocks To Watch For June 3 (SAI, KKD, F, ZQK, STP)
Thursday, June 3, 2010 - 6:45am | 208Some of the stocks that may grab investor focus today are: Wall Street expects SAIC Inc (NYSE: SAI) to post an EPS of $0.31 for the fiscal first quarter. SAI’s shares fell 1.53% to $17.17 in the after-hours trading session. The analysts are expecting the Winston-Salem, North Carolina-based doughnut...
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It’s Official: Ford Closes Mercury
Wednesday, June 2, 2010 - 3:58pm | 425Apple’s (NASDAQ: AAPL) Steve Jobs says his company will not take on Google (NASDAQ: GOOG) in the search business. The Apple App Store , however, already competes against Google in cellphones, mobile advertising and operating systems. Many of Apple’s 200,000 app downloads are shortcuts to the web...
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Mad Money Lightning Round: Jim Believes DNDN Is A Winner, Backs F
Wednesday, June 2, 2010 - 7:20am | 290In his "Mad Money Lightning Round" on Tuesday, Jim said that he would still back Ford (NYSE: F) as the company is doing everything right. He disclosed that he preferred to remain long on Ford. Yesterday F slipped 2.73% to close at $11.41, but rose 0.79% to $11.50 in after hours. Cramer called...
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Stocks To Watch For June 2 (CWTR, F, HMC, TM, BP, HOV, LGF)
Wednesday, June 2, 2010 - 6:15am | 284Some of the stocks that may grab investor focus today are: Wall Street expects women's clothing retailer, Coldwater Creek (NASDAQ: CWTR), to post a loss of $0.04 per share for the fiscal first quarter. CWTR’s shares fell 5.45% to close at $5.90 yesterday. Following the report for May sales by auto...
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Top 5 Large-Cap NYSE Stocks In The Consumer Goods Sector With The Highest Gross Profits (PG, F, PEP, MO, KO)
Wednesday, June 2, 2010 - 6:12am | 171Below are the top 5 large-cap consumer goods stocks on the NYSE in terms of gross profits. The trailing-twelve-month gross profits of Procter & Gamble Company (NYSE: PG) stand at $42.15 billion. Credit Suisse initiated coverage of PG with an “outperform” rating. The trailing-twelve-month gross...
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News Summary
Tuesday, June 1, 2010 - 12:45pm | 361In China, striking workers who have paralyzed Honda Motor Company’s (NYSE: HMC) production lines have been offered a 24% pay hike and benefits by the company. However, production at Chinese plants will remain halted till at least June 3 as some holdouts are still not satisfied. The walkout at Honda...
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U.S. Auto Sales Update (F, TM)
Tuesday, June 1, 2010 - 11:58am | 116Citigroup expects the May U.S. SAAR to come in at approximately 11.2 million units, which is more or less flat with April. According to Citi, the upside/downside variance this month will be decided by the sales pace of the Memorial Day weekend, which constitutes a major portion of sales in May....
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Ford Suggests Benefits Through Global Platform Sharing
Tuesday, June 1, 2010 - 10:46am | 217Analysts at Deutsche Bank reiterate their "hold" rating on Ford Motor (NYSE: F). The target price for F is set to $13.50. Despite of the lack of new targets by F, the analysts felt that “they did convey a high level of confidence in the company’s ability to maintain their recent momentum.”...
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Ford’s Big China Recall
Tuesday, June 1, 2010 - 5:35am | 404Hewlett-Packard (NYSE: HPQ), one of the world’s largest tech companies, will lay-off 9,000 people as it tries to boost the productivity of its biggest unit–enterprise services. The operations is about 25% of HP’s revenue and about the same portion of its operating income. HP enterprise services was...