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Company News for May 17, 2010 - Corporate Summary
Monday, May 17, 2010 - 10:05am | 205• Mergers and acquisitions front picked up steam over the weekend, with mergers reported by Man Group, Universal Health, and Apollo Global Management • Man Group announced plans to buy GLG Partners (NYSE:GLG) for $4.50 per share or $1.6 billion • Universal Health (NYSE:UHS) announced plans to pay $...
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US Stock Futures Up Today, Concerns Remain
Monday, May 17, 2010 - 9:22am | 262US stock futures moved up higher today, despite continued concerns over European Union debt and growth in the Chinese market. While futures on the S&P 500 moved up 4.2 points to 1,139.50, those on the Nasdaq 100 rose 6.5 points to 1,916.20. Meanwhile, Dow Jones Industrial Average futures...
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US Stock Futures Up Today, Concerns Remain
Monday, May 17, 2010 - 9:12am | 262US stock futures moved up higher today, despite continued concerns over European Union debt and growth in the Chinese market. While futures on the S&P 500 moved up 4.2 points to 1,139.50, those on the Nasdaq 100 rose 6.5 points to 1,916.20. Meanwhile, Dow Jones Industrial Average futures...
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Lowe's Falls After Announcing Lower-Than-Expected Forecasts For Q2
Monday, May 17, 2010 - 9:08am | 186The second largest US home improvement chain, Lowe's Cos Inc (NYSE: LOW), have slid more than 3% in pre-market trading, despite reporting stronger-than-anticipated results for its fiscal first quarter. The main reason that is pulling down the company’s stock is the sluggish quarterly outlook. LOW...
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Top Day Trader Alerts (AEZS, AMSC, APCVZ, DBTK, HAUP, LOW, HD, OSIP, SIRI, TIVO)
Monday, May 17, 2010 - 8:57am | 390This morning’s top day trader and active trader alerts are mostly not tied to earnings. The cast of characters today includes AEterna Zentaris, Inc. (NASDAQ: AEZS), American Superconductor Corporation (NASDAQ: AMSC), Fresenius Kabi Pharmaceuticals (NASDAQ: APCVZ), Double-Take Software, Inc. (...
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Stocks To Watch For May 17 (LOW, GS, A, BBI, AIG)
Monday, May 17, 2010 - 7:15am | 231Some of the companies that may grab investor focus today are: Analysts expect Lowe's (NYSE: LOW) to report an EPS of $0.31 for the first quarter. LOW’s shares gained 0.35% to $26.16 in after hours trading. Goldman Sachs Group Inc (NYSE: GS) disclosed details of its new Business Standards Committee...
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WHAT’S ON TAP?
Sunday, May 16, 2010 - 12:14pm | 1038For the week of May 17th (in conjunction with Econoday): Earnings season officially comes to an end with the report of Walmart’s earnings. There are a few earnings reports of note, but economic data and any headlines on the continuing credit crisis should dominate the news. Let’s take a look at...
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Top Performing Industries For May 14 (GSB, COST, AZO, HD)
Friday, May 14, 2010 - 2:07pm | 223At 1:38 pm, Dow plunged 210.25 points, or 1.95%, to 10,572.70, while the broader Standard & Poor's 500 index fell 27.59 points or 2.38%. The Nasdaq composite index has also slipped 63.45 points or 2.65%. While most of the industries are in red today, the top four industries are: Internet...
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Next Week’s Can’t Miss Earnings Reports (ABK, LOW, HD, WMT, HPQ, DE, AMAT, GME, SPLS, TGT, BRCD, DELL, GPS, MRVL, SHLD)
Friday, May 14, 2010 - 1:14pm | 394The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and change, and credible rumors. It is, in effect, a...
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Gulf Oil Spill May Be Exponentially Worse Than Prior Estimates (BP, RIG)
Friday, May 14, 2010 - 11:49am | 394The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and change, and credible rumors. It is, in effect, a...
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The Worst Oil Spill Ever?
Friday, May 14, 2010 - 11:42am | 391Greek Prime Minister George Papandreou said his country would investigate what role American investment banks played in damaging his nation’s ability to raise money. His theory appears to be that the banks did something wrong. Asked whether there was a possibility of legal action against the banks...
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The Weekly Dividend (CLF, CPY, FDS, KEI, MSA, OPNT, POR, TKR, F, BBT, DOW, FUN, BP, GMCR, SPAN, TNK, IIJI, RAIL)
Friday, May 14, 2010 - 11:27am | 391Greek Prime Minister George Papandreou said his country would investigate what role American investment banks played in damaging his nation’s ability to raise money. His theory appears to be that the banks did something wrong. Asked whether there was a possibility of legal action against the banks...
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Coinstar: The Next Blockbuster
Friday, May 14, 2010 - 11:18am | 391Greek Prime Minister George Papandreou said his country would investigate what role American investment banks played in damaging his nation’s ability to raise money. His theory appears to be that the banks did something wrong. Asked whether there was a possibility of legal action against the banks...
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LOW Benefiting From Economic Stabilization And Recovery In Housing
Thursday, May 13, 2010 - 2:26pm | 122Analysts at Piper Jaffray maintain their "neutral" rating on Lowe's Companies Inc (NYSE: LOW). The target price for LOW is set to $27. LOW is scheduled to post its Q1 earnings on May 17. LOW is benefiting “from some signs of a housing recovery and economic stabilization in the US economy.” The...
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HD Benefits From Recovery Signs In The US
Thursday, May 13, 2010 - 2:09pm | 158Analyst Jeffrey P Klinefelter of Piper Jaffray reiterates his "neutral" rating on Home Depot Inc (NYSE: HD). The target price for HD is set to $36. Piper Jaffray mentions that they have not changed its Q1 earnings estimates, despite change in the fundamentals for better. “We are assuming a comp of...