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Deutsche Bank Updates 6/16
Thursday, June 16, 2011 - 9:21am | 1197Deutsche Bank explained a number of updates in a research report published today. Deutsche Bank initiated its coverage of KKR Financial (NYSE: KFN) with a Buy rating and a price target of $12.50. In the report, Deutsche Bank states, "KKR Financial continues to give attractive returns, as it...
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Stocks to Watch for 6/16/11: Fresh 52-Week Highs and Lows
Thursday, June 16, 2011 - 2:28am | 2229The following stocks hit new 52-week highs in Wednesday's trading session 1) Ulta Salon, Cosmetics & Fragrances (NASDAQ: ULTA): Shares of Ulta hit a 52-week high of $59.40 in Wednesday's trading session. The stock closed at $57.03. The year-to-date performance of Ulta has been a gain of 67.7...
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Mad Money Lightning Round: Cramer Likes Peabody Energy, McDonald's, Vodafone
Thursday, June 16, 2011 - 12:56am | 262On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Stonemor Partners (NASDAQ: STON) is an “inexpensive stock. Yield is what protects us in bad markets." He said that Vodafone Group (NASDAQ: VOD) has a “good yield and safety with that yield. I've recommended it before and I'll do...
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Basic Materials Sector Taking a Hit
Wednesday, June 15, 2011 - 12:50pm | 296The Basic Materials Sector is one of the worst performing areas of the market today, currently down 1.9% on the session. The weakest stocks in the S&P Basic Materials Sector currently are: 1) CF Industries (NYSE: CF): Shares of CF Industries are currently trading down 4% from yesterday's...
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Is a Rally Brewing in Coffee Futures?
Wednesday, June 15, 2011 - 8:01am | 544Today's Idea Coffee futures are notorious for volatility; especially should a weather event occur that could potentially harm production out of Brazil, which is the world's largest Coffee producer. Some traders who are expecting an upside breakout in Coffee prices may wish to explore the purchase...
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No Guts, No Glory: Highest Beta Stocks In the Market
Wednesday, June 15, 2011 - 4:13am | 607High beta stocks have large price fluctuations, and thus, have big potential for profits. On the other hand, they also have big potential for losses. Traders love stocks with high beta values since it is, in essence, a way to maximize leverage and garner higher returns. Beta is a calculation of a...
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Support Held - Harami Confirmed 06-14-2011
Tuesday, June 14, 2011 - 6:55pm | 948Cusick's Corner Support held. The Harami that formed on yesterday's close was confirmed and the market turned up. (You can get more info about the Harami pattern on the Educate Center > Stocks > Level 2 > Bullish Candlesticks.) Will the bullishness last? As I said earlier, shorts are getting...
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Uranium Resources Receives Confirmation of its Discharge Plan in Timely Renewal Status from NMED
Tuesday, June 14, 2011 - 4:07pm | 162Uranium Resources, Inc. (NASDAQ: URRE) announced today that the New Mexico Environment Department has confirmed that its discharge plan (New Mexico's terminology for an Underground Injection Control Permit under the federal Safe Drinking Water Act), is in timely renewal and that the NMED is...
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1280 New Support 06-14-2011
Tuesday, June 14, 2011 - 2:57pm | 1045Cusick's Corner The market has bounced with some conviction on news that Japan is printing money, there were better than expected Retail Sales & PPI dropped. Copper, JJC, was a real winner on the Japan news, and equities squeezed the shorts on the news that Commodity pricing is pulling back,...
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Basic Materials Stocks Surging
Tuesday, June 14, 2011 - 12:57pm | 326The Basic Materials Sector was one of the worst performing areas of the market in yesterday's trading session. Today, however, it is the strongest, currently trading up 2.12% on the day. The best performing stocks currently in the S&P 500 Basic Materials Sector are: 1) Alpha Natural Resources...
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Tuesday's Put/Call Ratio Leaders
Tuesday, June 14, 2011 - 12:18pm | 80Here are today's put/call ratio leaders… 1. USEC Inc. (NYSE: USU) 20,822 puts, 54 calls 2. Gran Tierra Energy Inc. (NYSE: GTE) 3,200 puts, 10 calls 3. Tidewater Inc. (NYSE: TDW) 2,650 puts, 12 calls 4. Pharmacyclics Inc. (NASDAQ: PCYC) 9,769 puts, 96 calls 5. MGIC Investment Corp. (NYSE: MTG) 4,...
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Uranium Energy Corp Signs First Multi-Year Sales Contract
Tuesday, June 14, 2011 - 8:41am | 66Uranium Energy Corp (NYSE: UEC) announces that it has secured its first multi-year uranium sales contract. The sales contract provides for the delivery of 300,000 pounds of U3O8 over a period of three years starting in August 2011 from its Hobson processing facility, with the price to be based on...
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Options Brief: Alpha Natural Resources, Inc.
Monday, June 13, 2011 - 10:35am | 93Shares of Alpha Natural Resources, Inc. (NYSE: ANR) are lower on the session by 0.72%, trading at $45.36. Overall put volume is now running at 3.32x the daily average, with 4% of all puts traded being purchases on the offer. 18,922 contracts have traded on the session so far. Alpha Natural...
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Benzinga's Top Upgrades
Monday, June 13, 2011 - 8:09am | 145FBR Capital upgraded Patriot Coal Corporation (NYSE: PCX) from “market perform” to “outperform.” PCX's shares closed at $20.85 on Friday. Patriot Coal's trailing-twelve-month revenue is $2.14 billion. Analysts at Robert W. Baird upgraded Vera Bradley Inc (NASDAQ: VRA) from “neutral” to “outperform...
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Mad Money Lightning Round: Cramer Likes Tiffany
Monday, June 13, 2011 - 4:27am | 200On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Tiffany & Co (NYSE: TIF) is “doing really well. I like Tiffany. If you can get it in the $60's, I think it's a buy." He said that Molycorp (NYSE: MCP) “did a big secondary. I'm not a rare earth guy. I don't buy the long-term...