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Piper Jaffray Examines McGraw-Hill Amid Department of Justice Investigation
Thursday, August 18, 2011 - 6:30am | 110Piper Jaffray has published a research report on McGraw-Hill Companies (NYSE: MHP) after the Department of Justice initiated investigations into S&P's rating of mortgage securities during the subprime crisis. In the report, Piper Jaffray wrote, "The NY Times reports that the Department of...
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Merle A. Hinrichs Transitions to Executive Chairman of Global Sources and Spenser Au Assumes CEO role
Thursday, August 18, 2011 - 5:50am | 68Global Sources (NASDAQ: GSOL) announced earlier that the board of directors approved the transition of CEO Merle A. Hinrichs into a new role as Executive Chairman of the Board, overseeing the company's mergers and acquisitions as well as investor relations functions. As part of the change,...
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Top 4 NYSE Stocks In The Information & Delivery Services Industry With The Highest Cash
Thursday, August 18, 2011 - 3:41am | 134Below are the top information & delivery services stocks on the NYSE in terms of cash. Thomson Reuters Corp (NYSE: TRI) had $723.00 million in total cash and $7.59 billion in total debt for the latest quarter. DST Systems Inc (NYSE: DST) had $407.50 million in total cash and $1.16 billion in...
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Calls Trade on Valassis Communications
Wednesday, August 17, 2011 - 9:27am | 99Shares of Valassis Communications (NYSE: VCI) are higher on the session by 0.93%, currently trading at $25.53. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago...
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Options Brief: Gannett
Monday, August 15, 2011 - 10:54am | 78Shares of Gannett Co. (NYSE: GCI) are higher on the session by 3.53%, trading at $10.56. Overall call volume is now running at 2.08x the daily average, with 61% of all calls traded being purchases on the offer. 1,571 contracts have traded on the session so far. Gannett Co., Inc. is an...
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Hagens Berman Files Class-Action Lawsuit Against Apple and Publishers
Tuesday, August 9, 2011 - 5:42pm | 877Hagens Berman, today announced it has filed a nationwide class-action lawsuit claiming that Apple (NASDAQ: AAPL) and five of the nation's top publishers, including HarperCollins Publishers, a subsidiary of News Corporation (NASDAQ: NWSA), Hachette Book Group, Macmillan Publishers, Penguin Group, a...
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Earnings Roundup
Tuesday, August 9, 2011 - 8:35am | 1311Dish Network Corp (NASDAQ: DISH) reported a 30% rise in its second-quarter profit. Dish Network's quarterly profit surged to $335 million, or $0.75 per share, from $257 million, or $0.57 per share, in the year-ago period. Its revenue climbed 13% to $3.59 billion. However, analysts were expecting...
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UPDATE: Scripps Swings To Q2 Loss
Tuesday, August 9, 2011 - 7:32am | 71E.W. Scripps Co (NYSE: SSP) swung to a second-quarter loss on Tuesday. Scripps posted a quarterly loss at $2.2 million, or $0.04 per share, versus a year-ago profit of $99.5 million, or $1.56 per share. Its revenue declined 3% to $183 million. Scripps reported that its television segment's...
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Options Brief: Valassis Communications
Friday, August 5, 2011 - 2:49pm | 85Shares of Valassis Communications (NYSE: VCI) are higher on the session by 0.28%, trading at $24.77. Overall call volume is now running at 5.62x the daily average, with 82% of all calls traded being purchases on the offer. 1,798 contracts have traded on the session so far. Valassis...
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Friday's Put/Call Ratio Leaders
Friday, August 5, 2011 - 11:12am | 79Here are today's Put/Call Ratio leaders… 1. CB Richard Ellis Group (NYSE: CBG) 9,871 puts, 63 calls 2. Gannett Co. (NYSE: GCI) 18,230 puts, 142 calls 3. Cardinal Health (NYSE: CAH) 3,978 puts, 42 calls 4. Quicksilver Inc. (NYSE: ZQK) 5,000 puts, 77 calls 5. Cogo Group (NASDAQ: COGO) 4,257 puts,...
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Earnings Preview: News Corp's EPS, Revenue Expected to Rise
Friday, August 5, 2011 - 9:46am | 577News Corp (NASDAQ: NWSA) unveils its next round of earnings this Wednesday, August 10, 2011. Get prepared with Benzinga's ultimate preview for News' fourth quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of 30 cents/share and revenues of $8.44 billion. Investors...
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US Stock Futures Down; Payrolls Data In Focus
Friday, August 5, 2011 - 4:48am | 482US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 46 points to 11,325.00 and S&P 500 index futures fell 3.60 points to 1,195.10. Nasdaq 100 futures dropped 7.00 points to 2,202.50. US stocks closed lower on...
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Earnings Scheduled For August 5
Friday, August 5, 2011 - 2:58am | 457Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million. Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. The AES Corporation (NYSE: AES) is...
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Stocks To Watch For August 5
Friday, August 5, 2011 - 1:49am | 250Some of the stocks that may grab investor focus today are: Wall Street expect Viacom Inc (NYSE: VIA) to report its FQ3 EPS at $0.86 on revenue of $3.52 billion. Viacom shares dropped 0.43% to $51.24 in after-hours trading. Priceline.com (NASDAQ: PCLN) reported its Q2 profit at $256.4 million, or...
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Stocks Going Ex Dividend the Third Week of August
Friday, August 5, 2011 - 12:25am | 752Here 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...