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Bank of America Merrill Lynch Reiterates Buy on Comcast
Monday, July 11, 2011 - 7:39am | 101Bank of America Merrill Lynch is out with its report today on Comcast (NASDAQ: CMCSA), reiterating Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reiterate our Buy and our $31 PO, potential upside of 22%, due to: (1) attractive valuation of only 6.0x 2011E EV/EBITDA, (2)...
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Brean Murray Initiates Coverage On CMCSA, DISH, TWC, CVC, DTV
Monday, July 11, 2011 - 7:04am | 78Brean Murray Carret & Company has initiated coverage on the following companies: Comcast (NASDAQ: CMCSA) Buy, $32 PT DISH Network (NASDAQ: DISH), $41 PT Time Warner Cable (NYSE: TWC), Hold Cablevision Systems Corporation (NYSE: CVC), Hold DirecTV (NASDAQ: DTV), Buy, $62 PT
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SiriusXM to Join the NASDAQ-100 Index
Monday, July 11, 2011 - 7:01am | 91Sirius XM Radio (NASDAQ: SIRI) today announced that it will be added to the NASDAQ-100 Index effective July 15, 2011. SiriusXM's common shares will also be included in the PowerShares QQQ exchange traded fund. "We are pleased to be included in the NASDAQ-100 Index," said Mel Karmazin, Chief...
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Stocks to Watch for Monday 07/11/11: Fresh 52 Week Highs and Lows
Sunday, July 10, 2011 - 6:15pm | 2231Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...
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Stocks Going Ex Dividend the Second Week of July
Saturday, July 9, 2011 - 11:57pm | 728Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Sirius XM Radio Inc. to Join the NASDAQ-100 Index Beginning July 15, 2011
Saturday, July 9, 2011 - 3:27pm | 123NEW YORK, July 8, 2011 (GLOBE NEWSWIRE) — Sirius XM Radio Inc. (Nasdaq:SIRI) will become a component of the NASDAQ-100 Index® (Nasdaq:NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq:NDXX) prior to market open on [...]
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 5:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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Benzinga's Top Pre-Market NASDAQ Losers
Friday, July 8, 2011 - 8:27am | 112Aixtron SE (NASDAQ: AIXG) dipped 4.31% to $30.64 in the pre-market session. AIXG's PEG ratio is 6.92. Virgin Media Inc (NASDAQ: VMED) dropped 1.89% to $29.57 in the pre-market trading. VMED is scheduled to report its Q2 results on July 27. ARM Holdings plc (NASDAQ: ARMH) moved down 1.67% to $29....
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Bank of America Merrill Lynch Previews Earnings From Time Warner Cable
Friday, July 8, 2011 - 8:08am | 169Bank of America Merrill Lynch is out with a research report on Time Warner Cable Inc. (NYSE: TWC), as it previews earnings from the company. It has a $87 price target and a Buy rating on shares. In a note to clients, Bank of America Merrill Lynch writes, "We anticipate Time Warner Cable's 2Q11...
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Bank Of America Reports Zero Organic Growth On Virgin Media
Friday, July 8, 2011 - 7:44am | 71According to Bank of America, Virgin Media (NASDAQ: VMED) already has zero ‘organic' customer growth and faces potential market share loss on all of its core products even before it considers VMEDs consumer and local government exposure. Bank of America said that these factors, combined with high...
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Bank of America Downgrades Virgin Media To Underperform, Lowers PT To $25
Friday, July 8, 2011 - 7:27am | 29Bank of America has downgraded Virgin Media (NASDAQ: VMED) from Neutral to Underperform and has lowered the price objective from $29.50 to $25.
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Stocks to Watch for 07/8/11: Fresh 52 Week Highs and Lows
Friday, July 8, 2011 - 12:59am | 2553Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...
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Recovery in Place? 07-07-2011
Thursday, July 7, 2011 - 6:33pm | 906Cusick's Corner Now we wait for payrolls and unemployment pre-market and while that is important, the market already ran up on what is expected to be a better than expected private payrolls. So what does this mean for all of us if we start seeing data like this? Well, recovery is in place,...
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Drilling Program Underway at Red Metal Resources' Farellon Copper-Gold Project, III Region Chile
Thursday, July 7, 2011 - 3:22pm | 2636THUNDER BAY, ON, July 7, 2011 /CNW/ – Red Metal Resources Ltd. (OTCBB: RMES), a mineral exploration company with copper-gold assets in Chile, announces that it has commenced an approximately 2000 meter combined reverse circulation (RC) and diamond drilling program on its 100% owned Farellon copper-...
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Morning Market Movers
Thursday, July 7, 2011 - 9:54am | 141APAC Customer Services Inc (NASDAQ: APAC) climbed 54.96% to $8.43 at 9:50 am. APAC agreed to be bought by OneEquity Partners for $8.55 per share. China Auto Logistics Inc (NASDAQ: CALI) jumped 49.14% to $1.73. CALI successfully closed the sale of three million unregistered common shares to...