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Market Update – Citigroup (NYSE:C), General Electric (NYSE:GE), Bank of America (NYSE:BAC), Apple (NASDAQ:AAPL), JP Morgan Chase (NYSE:JPM)
Thursday, March 25, 2010 - 10:46am | 1122To start our market update, there’s some good news on the unemployment front in America. First time jobless claims in the United States dropped by 14,000 last week, to 442,000 total. The number is above what economists had predicted for the market, as they were expecting the initial unemployment...
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Market Update – Citigroup (NYSE:C), General Electric (NYSE:GE), Bank of America (NYSE:BAC), Apple (NASDAQ:AAPL), JP Morgan Chase (NYSE:JPM)
Thursday, March 25, 2010 - 10:46am | 1122To start our market update, there’s some good news on the unemployment front in America. First time jobless claims in the United States dropped by 14,000 last week, to 442,000 total. The number is above what economists had predicted for the market, as they were expecting the initial unemployment...
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PepsiCo, Inc. (PEP) Maintains Buy Rating; Price Target Raised
Wednesday, March 24, 2010 - 2:04pm | 106Analysts Mark Swartzberg and Mark S. Astrachan at Stifel Nicolaus have released an update on PepsiCo, Inc. (NYSE: PEP). Stifel Nicolaus attended the company’s two-day analyst meeting, which was held this week. The company reiterated its 2010-2012 P&L growth targets at the meeting. It is...
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Market News – Johnson & Johnson (NYSE:JNJ), Bank of America (NYSE:BAC), Citigroup (NYSE:C)
Monday, March 22, 2010 - 10:59am | 841The United States’ House of Representatives approved the long awaited and highly controversial Health Care reform bill late Sunday by a vote of 219-212. The bill, which will cost an estimated $940 billion over ten years, will extend health care insurance to 32 million uninsured and underinsured...
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Market News – Johnson & Johnson (NYSE:JNJ), Bank of America (NYSE:BAC), Citigroup (NYSE:C)
Monday, March 22, 2010 - 10:59am | 841The United States’ House of Representatives approved the long awaited and highly controversial Health Care reform bill late Sunday by a vote of 219-212. The bill, which will cost an estimated $940 billion over ten years, will extend health care insurance to 32 million uninsured and underinsured...
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Standpoint Research Initiates Hansen Natural With A Buy (HANS)
Monday, March 22, 2010 - 9:38am | 192Standpoint Research initiated coverage of Hansen Natural (NASDAQ: HANS) today with a Buy rating and a 2011-2012 price target of $54. Although not a significant factor in the recommendation, Standpoint believes that there is a chance HANS could be taken over by one of its competitors, most likely...
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Company News for March 22, 2010 - Corporate Summary
Monday, March 22, 2010 - 9:02am | 202• AIG (NYSE: AIG) former CEO Greenberg reached a deal with UBS (NYSE: UBS) to sell most of his shares in AIG, an estimated 10 million shares, for $278.2 million • Kimberly-Clark (NYSE: KMB) said it continues to see full-year earnings of $4.80-$5.00 • FBR raised its rating on Waddell & Reed (...
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PepsiCo (PEP) Maintains Its Projection For 2010 EPS At 11%-13%
Monday, March 22, 2010 - 7:55am | 112PepsiCo (NYSE: PEP) has projected its earnings per share growth between 11% and 13% for 2010. For 2011 and 2012, PEP’s earnings per share growth is expected to be in the double-digit range. PEP’s projections, however, do not take into account the impact of currency movements. PepsiCo has also...
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Benzinga’s News Roundup (KMB, PEP, KELYA, VRSN)
Monday, March 22, 2010 - 7:32am | 301Kimberly-Clark Corporation (NYSE: KMB) reconfirmed its previous guidance for fiscal 2010 adjusted earnings per share of $4.80 to $5.00. According to Reuters Estimates, analysts are expecting KMB to report EPS of $4.87 for fiscal 2010. Kimberly-Clark declined 0.54% to $61.10 in the pre-market...
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bullish dividends
Saturday, March 20, 2010 - 12:53pm | 560"If 'buy & hold' is dead, then I am the embalming fluid" So is buy & hold still dead? Lil' Wayne and I never thought so. The S&P 500 is up 53% over the past year... Dividends are being raised all over the place by firms like Coke (KO), Wal-Mart (WMT), Pepsico (PEP), Rogers (RCI.B),...
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Top Performing Industries For March 19 (CNC, HANS, CAJ, BBY, GENT)
Friday, March 19, 2010 - 1:08pm | 346At 1:22 p.m., Dow lost 56.38, or 0.52%, to 10,722.79, while the broader Standard & Poor's 500 index fell 6.66, or 0.57%, to 1,159.16. The Nasdaq composite index moved down 21.11, or 0.88%, to 2370.17. The industries that are driving the market today are: Health Care Plans: The top gainer of the...
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Benzinga’s Volume Movers (CTEL, IPSU, HANS, TEVA, TRMB)
Friday, March 19, 2010 - 12:56pm | 252City Telecom Limited (NASDAQ: CTEL) shares climbed 14.60% to $14.21. The volume of CTEL shares traded was 1,688% higher than normal. CTEL celebrated 10 years of being listed on the NASDAQ. Read more about this company here. Imperial Sugar Company (NASDAQ: IPSU) shares jumped 6.78% to $16.23. The...
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Dr Pepper (DPS) Pouring Out Sweet Returns For Investors; Barron’s
Friday, March 19, 2010 - 10:16am | 186Barron’s reports that Dr Pepper Snapple Group Inc. (NYSE: DPS) has become a favorite of investors. Shares of Dr Pepper, a manufacturer and distributor of non-alcoholic beverages in the U.S., Canada and Mexico, have climbed 150% in the last one year. Even after this tremendous run, the stock has...
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A Coca-Cola Evolution; Shares and Operating Structure To Change Substantially
Friday, March 19, 2010 - 9:27am | 42The Coca-Cola Company (NYSE: KO), recently announced in February that it will acquire Coca Cola Enterprises (NYSE: CCE) entire North American business, which mainly consists of approximately 75 percent of U.S. bottler delivered volume and almost 100 percent of Canadian bottler delivered volume.
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Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)
Friday, March 19, 2010 - 9:16am | 967The concerns over the Greece debt situation are having an effect on the Euro’s trading price. The EU’s currency is having its worst week since January of this year. Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or...