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Afternoon Market Update – Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Ford (NYSE:F), Sirius (NASDAQ:SIRI), TD Ameritrade (NASDAQ:AMTD), E*Trade (NASDAQ:ETFC)
Thursday, April 15, 2010 - 12:28pm | 896Morgan Stanley (NYSE:MS) investment firm has announced a prediction for Bank of America (NYSE:BAC), predicting the American megabank’s stock is poised to rise. The price of the stock, according to Morgan Stanley’s note written to clients on Tuesday, is set to increase during the next 45 days after...
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All Eyes on Citigroup (NYSE:C)
Thursday, April 15, 2010 - 11:50am | 677All eyes are on Citigroup (NYSE:C) this morning, which has just begun to break through the $5.00 mark. This is an important psychological mark for investors as it seems that one of the worst offenders and symbols of last year’s crash is now back in institutional trading territory. The only...
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All Eyes on Citigroup (NYSE:C)
Thursday, April 15, 2010 - 11:50am | 677All eyes are on Citigroup (NYSE:C) this morning, which has just begun to break through the $5.00 mark. This is an important psychological mark for investors as it seems that one of the worst offenders and symbols of last year’s crash is now back in institutional trading territory. The only...
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Stock News – JP Morgan Chase (NYSE:JPM), Intel (NASDAQ:INTC), Morgan Stanley (NYSE:MS), Citigroup (NYSE:C), Verizon (NYSE:VZ)
Wednesday, April 14, 2010 - 10:22am | 955JPMorgan Chase (NYSE:JPM) is also one of the first companies to report first-quarter earnings, and announced that earnings rose an unexpectedly-high 55%, which has helped boost the market today. That’s an income of approximately $3.3 billion for the quarter. Intel (NASDAQ:INTC) had great news as...
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Stock News – JP Morgan Chase (NYSE:JPM), Intel (NASDAQ:INTC), Morgan Stanley (NYSE:MS), Citigroup (NYSE:C), Verizon (NYSE:VZ)
Wednesday, April 14, 2010 - 10:22am | 955JPMorgan Chase (NYSE:JPM) is also one of the first companies to report first-quarter earnings, and announced that earnings rose an unexpectedly-high 55%, which has helped boost the market today. That’s an income of approximately $3.3 billion for the quarter. Intel (NASDAQ:INTC) had great news as...
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Company News for April 14, 2010 - Corporate Summary
Wednesday, April 14, 2010 - 9:33am | 232• Intel (NASDAQ:INTC) reported its "best first quarter ever" on increased consumers spending on new computers. Earnings of 43 cents beat Zacks estimates of 38 cents a share and last year's 11 cent profit. Revenues of $10.3 billion were ahead of Zacks estimates of $9.8 billion and well above prior...
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Market Roundup (INTC, KEY, RF, HBAN, TCB, YRCW, MEE, PCX, ANR, F)
Tuesday, April 13, 2010 - 3:54pm | 358Intel (NASDAQ: INTC) will report its Q1 earnings after the market closes today. Analysts are expecting strong processor demand. Piper Jaffray stated that INTC “is in its best competitive position in many years heading into what we believe will be a period of strong demand for PCs.” UBS has...
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Ford Motor Co.’s (F) First-Quarter Revenue Up Says Mark Fields
Tuesday, April 13, 2010 - 1:01pm | 93Mark Fields, President of Ford (NYSE: F) America, said today that the company’s first-quarter revenue was up due to strong demand for cars and trucks in U.S. Fields did not divulge any numbers. However, the news is positive for the company, which is likely to report a fourth straight quarterly...
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Sirius Chart Banging Its Head On The $1.00 Mark (NASDAQ:SIRI)
Tuesday, April 13, 2010 - 10:28am | 575By: Gino Lattarulo - In a previous article I gave the opinion that Sirius XM Satellite Radio (NASDAQ:SIRI) was not too far from consistently remaining above the $ 1.00 mark. I still believe this for a number of reasons: The most important reason is that auto sales are on the rise. Recent data...
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Market News – Bank of America (NYSE:BAC), Morgan Stanley (NYSE:MS), Best Buy (NYSE:BBY), Starbucks (NYSE:SBUX), Alcoa (NYSE:AA)
Tuesday, April 13, 2010 - 10:06am | 857Bank of America (NYSE:BAC) has announced they’ve hired a former Morgan Stanley (NYSE:MS) executive, Futoshi Ago. The new hire will begin work for BofA’s Merrill Lynch division in Japan, in order to boost their prime mortgage business in the Land of the Rising Sun. It’s been estimated by Deutche...
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Market News – Bank of America (NYSE:BAC), Morgan Stanley (NYSE:MS), Best Buy (NYSE:BBY), Starbucks (NYSE:SBUX), Alcoa (NYSE:AA)
Tuesday, April 13, 2010 - 10:06am | 857Bank of America (NYSE:BAC) has announced they’ve hired a former Morgan Stanley (NYSE:MS) executive, Futoshi Ago. The new hire will begin work for BofA’s Merrill Lynch division in Japan, in order to boost their prime mortgage business in the Land of the Rising Sun. It’s been estimated by Deutche...
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Market News – JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Goldman Sachs (NYSE:GS), Ford (NYSE:F), Alcoa (NYSE:AA)
Monday, April 12, 2010 - 12:56pm | 963Banks JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and Wells Fargo (NYSE:WFC) may have to put as much as $30 billion additional dollars to cover the costs of losses on home-equity loans. The amount, calculated by CreditSights Inc out of New York City, is approximately what the banks...
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Market News – JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Goldman Sachs (NYSE:GS), Ford (NYSE:F), Alcoa (NYSE:AA)
Monday, April 12, 2010 - 12:56pm | 963Banks JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and Wells Fargo (NYSE:WFC) may have to put as much as $30 billion additional dollars to cover the costs of losses on home-equity loans. The amount, calculated by CreditSights Inc out of New York City, is approximately what the banks...
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Toyota (TM) Faces Second Major Fine
Monday, April 12, 2010 - 8:10am | 142U.S. regulators are considering another fine against Toyota Motor Corporation (NYSE: TM) for not acting soon enough when it issued its recall of 2.3 million vehicles in January. Toyota Motor Corporation was already hit with a $16.4 million fine. The National Highway Traffic Safety Administration (...
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Stock Market News – Citigroup (NYSE:C), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Chevron (NYSE:CVX)
Friday, April 9, 2010 - 12:49pm | 984It’s being reported by the Wall St. Journal that 18 banks intentionally lowered their debt levels, including mega-lenders Citigroup (NYSE:C), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), and Morgan Stanley (NYSE:MS). According to the data released by the Federal Reserve Bank of New York,...