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Why $100 Oil Is Great News for These 8 Stocks
Friday, July 15, 2011 - 5:43am | 277By Larry Gellar Oil prices are hovering around $100 after sharp moves between $114 and $90 for a barrel of West Texas Intermediate. Brent crude prices have diverged in 2011, and nearly reached $130 amid the turmoil in Libya during the Arab Spring uprisings. Current Brent prices are around $114 per...
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15 Dividend Stocks to Consider
Friday, July 15, 2011 - 5:37am | 277By Larry Gellar Oil prices are hovering around $100 after sharp moves between $114 and $90 for a barrel of West Texas Intermediate. Brent crude prices have diverged in 2011, and nearly reached $130 amid the turmoil in Libya during the Arab Spring uprisings. Current Brent prices are around $114 per...
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Lock the Risk down 07-14-2011
Thursday, July 14, 2011 - 3:52pm | 826Cusick's Corner GOOG! Beats by .91 and the stock is up $60 dollars After Hours. Amazing! This is also a great example of why I was hammering home make sure that you tighten up the risk. Take the opportunity to shore up risk, credit spread strategists should check if they can cover a position for...
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Sellers More Aggressive 07-14-2011
Thursday, July 14, 2011 - 1:43pm | 934Cusick's Corner The sellers have taken a bit out of this market into the Midday and I am a little surprised at how aggressively they are doing so. The volatility has been picking up and while it is typical for volatility to abate into this afternoon and tomorrow, we are not seeing that reflected...
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Under The Hood: Oh, Canada...Small-Cap Style
Thursday, July 14, 2011 - 1:03pm | 400At this point in the evolution of the ETF business, there are no shortage of country-specific small-cap ETFs, an investment theme that has proven quite popular with investors looking for emerging markets exposure. While small-cap emerging markets ETFs have a little bit of added cache, there are a...
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Thursday's Mid-Day Options Volume Leaders
Thursday, July 14, 2011 - 11:24am | 84Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 176,504 contracts, 52.8% calls, 47.2% puts 2. JP Morgan Chase (NYSE: JPM) 129,214 contracts, 68.5% calls, 31.5% puts 3. General Electric Co. (NYSE: GE) 70,870 contracts, 32.2% calls, 67.8% puts 4. ConocoPhillips (NYSE:...
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Calls Purchased on Murphy Oil
Thursday, July 14, 2011 - 11:06am | 121Shares of Murphy Oil (NYSE: MUR) are higher on the session by 0.39%, currently trading at $64.37. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Citi Maintains Hold on ConocoPhillips
Thursday, July 14, 2011 - 8:24am | 91Citi is out with its report today on ConocoPhillips (NYSE: COP), maintaining Hold. In a note to clients, Citi writes, "We rate shares of COP Hold/High Risk (2H). Strong free cash flows from COP's legacy portfolio, a robust share repurchase program, high commodity prices and a stable dividend are...
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Biggest Gainers Pre-Market Going Into the Opening Bell
Thursday, July 14, 2011 - 8:20am | 120Cypress Semiconductor (NASDAQ: CY) is trading up over 14% after Collins Stewart reiterated its Buy rating on the company. Seattle Genetics (NASDAQ: SGEN) is trading up over 13% before the stock was halted. ConocoPhillips (NYSE: COP) is trading up over 8% after announcing plans to split into two...
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ConocoPhillips To Refine Itself Into Two Companies
Thursday, July 14, 2011 - 7:46am | 55ConocoPhillips(COP), one of the world's six "supermajor" oil companies has decided that the benefits to vertical integration are not all they're cracked up to be. The company announced today that it will be spinning off its refining business in the first half of 2012, leaving it as a pure-play...
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Benzinga's Top Pre-Market Gainers
Thursday, July 14, 2011 - 7:23am | 116ConocoPhillips (NYSE: COP) shares advanced 10.35% to $82.10 in the pre-market session. COP announced its plans to split off its refining unit into a separate, publicly-traded company. Yum! Brands Inc (NYSE: YUM) shares advanced 2.66% to $57.06 in the pre-market session. YUM reported a 10% rise in...
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ConocoPhillips Plans To Spin Off Refining Unit; Shares Jump 7% In Pre-Market
Thursday, July 14, 2011 - 6:42am | 67ConocoPhillips (NYSE: COP) announced its plans to split off its refining unit into a separate, publicly-traded company. The company's CEO and Chairman Jim Mulva also announced its plans to retire once the transaction is complete. The company projects to complete a tax-free spin-off to shareholders...
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A Peek Into The Market Before The Trading Starts
Thursday, July 14, 2011 - 6:33am | 408Pre-open movers US stock futures are mixed this morning. Futures on the Dow Jones Industrial Average dropped 13 points to 12,412.00 and futures on the S&P 500 stock index fell 0.40 points to 1,311.80. Nasdaq 100 futures climbed 5.50 points to 2,350.00. A Peek Into Global Markets Asian...
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BP Crosses Above 200-Day Moving Average at $44.30 per Share
Thursday, July 14, 2011 - 6:30am | 83The moving averages track the previous price action in a stock. In this case, the 200-day moving average compiles the average share price of the last 200 trading days. Perspective: Price above the average is perceived as positive while price below the average is negative. Currently, BP (NYSE: BP...
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ConocoPhillips Pursuing Plan to Separate Into Two Stand-Alone, Publicly Traded Companies
Thursday, July 14, 2011 - 6:04am | 103ConocoPhillips' (NYSE: COP) board of directors has approved pursuing the separation of the company's Refining & Marketing and Exploration & Production businesses into two stand-alone, publicly traded corporations via a tax-free spin of the refining and marketing business to ConocoPhillips...