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Investors Are Turning To Small and Mid Cap ETFs In 2010
Monday, March 15, 2010 - 4:50pm | 1603“An ETF for U.S. small-cap stocks, iShares S&P Small Cap 600 Index Fund (IJR), set a fresh 52-week high on Friday and is trading at levels last seen right around Lehman Brothers filed for bankruptcy in September 2008. Small and mid-sized stocks have outpaced large-cap shares measured by the...
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How Have the High Priced Shares Performed?
Friday, March 12, 2010 - 3:17pm | 461Back 0n August 21, 2008, we published an article called Top High Priced Share Stocks, which listed all the stocks trading in excess of $100 a share, that had P/E ratios less than 20, PEG ratios less than 1, market caps above $15 billion, and all but one paid a dividend. Remember, this is just...
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Guy Adami is Bullish On CELG And Bearish On RIG
Tuesday, March 9, 2010 - 9:08pm | 94Guy Adami said on CNBC's Fast Money that he recommends Celgene (NASDAQ: CELG) to investors interested in biotech stocks. Celgene (CELG) added 0.28% today and closed at $61.76, with a turnover of 1.59M traded shares. Guy Adami also said that if you are long in Transocean LTD (NYSE: RIG), you should...
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Goldman Sachs (GS) VIP List of Top Hedge Fund Holdings
Friday, March 5, 2010 - 1:19pm | 1198Today is going to be Goldman Sachs (GS) day at FMMF - from their nearly perfect forecasting of monthly labor data (magically adjusting their figures 24 hours before it is released each month to "hit it on the nail"), to their new foray into buying warehouses so they can corner obtain more...
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New Drilling Contracts At Rowan (RDC) Indicate Worst Is Behind
Tuesday, March 2, 2010 - 3:39pm | 188Analysts at MKM Partners downgrade Rowan Companies (NYSE: RDC) to "neutral." The fair value for RDC is set to $30. RDC’s shares have appreciated by 21% since January 27, 2010, as compared to a 2% rise in the S&P 500. “ Rowan has reported several new drilling contracts that support our view that...
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Benzinga’s Top Downgrades (MU, RDC, MIL, SUG, RISK)
Tuesday, March 2, 2010 - 2:49pm | 267Micron Technology Inc (NASDAQ: MU) was downgraded by UBS from “buy” to “neutral.” MU has a 52-week trading range of $2.55-$11.34. MU’s shares lost 1.38% to $9.64 by 11:39 am. Read more about this company here. MKM Partners downgraded Rowan Companies Inc (NYSE: RDC) from “buy” to “neutral.” RDC’s...
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Hercules Offshore (HERO) Shares Surge After Downgrade
Monday, March 1, 2010 - 4:32pm | 70Shares of Hercules Offshore, Inc. (Nasdaq: HERO) are up 7% in late afternoon trading, despite the stock being downgraded by Howard Weil from Market Outperform to Market Perform. Hercules Offshore's stock hit a 3 week low during Friday trading, so it might be bargain hunters who are now keeping the...
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Rowan Beats and Technically Looks Solid (RDC)
Monday, March 1, 2010 - 11:50am | 106Rowan (NYSE: RDC) reported clean EPS of $0.52 vs. consensus estimate of $0.50. The results were operationally in-line with estimates with most of the beat being driven by lower than expected taxes ($0.06 help) and interest expense ($0.01 help), partially offset by higher than expected SG&A ($0...
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Atwood Oceanics (ATW) Shares Up 3% After Analyst Upgrade
Monday, March 1, 2010 - 11:22am | 52Shares of Atwood Oceanics, Inc. (NYSE: ATW) are up nearly 3% today after being upgraded by Howard Weil from Market Perform to Market Outperform with a price target of $48. The shares closed at $33.46 the previous trading day and have traded as high as $34.66 this morning.
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ENSCO International’s (ESV) Price Target Raised
Friday, February 26, 2010 - 8:12pm | 106Analyst Judson Bailey at Jefferies & Company, Inc. has raised the price target for ENSCO International PLC (NYSE: ESV) from $57 to $59. According to Jefferies, the shares of the company are attractively valued considering the upside in the jack-up market, and longer-term value creation from...
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Fast Money Trades (DO, APA, CELG, DB)
Friday, February 26, 2010 - 6:25pm | 144In the first 20 minutes of the show, the Fast Money traders offered up a number of interesting trades and analysis. Guy Adami said that Celgene (NASDAQ: CELG) is still the best company in the biotech space. Brian Kelly said that he is playing the European banks, such as Deutsche Bank (NYSE: DB)...
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UNT Downgraded To Neutral
Thursday, February 25, 2010 - 10:13am | 46Analysts at Pritchard downgrade Unit Corp (NYSE: UNT) from "buy" to "neutral." The target price for UNT is set to $40. UNT’s shares closed at $43.67 yesterday. More Analyst Ratings here
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Transocean (RIG) Shares Fall 5%
Wednesday, February 24, 2010 - 4:08pm | 87Shares of Transocean Ltd (NYSE: RIG) fell more than 5% after the company's 4th quarter results were below Wall Street's expectations. Transocean reported 4th quarter net profit of $723 million, or $2.24 per share, down from $754 million, or $2.35 per share, a year earlier. Excluding one time items...
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RIG Q4 Profits Fall For Fifth Consecutive Quarter
Wednesday, February 24, 2010 - 10:56am | 160Transocean LTD (NYSE: RIG) has posted its Q4 earnings at $2.24 per share, reflecting a 4% drop in quarterly profits. Excluding one-time items, earnings per share stood at $2.21, which were significantly short of the consensus expectations of $2.56 per share. RIG’s revenues for the quarter came in...
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UNT Upgraded To Strong Buy
Wednesday, February 24, 2010 - 10:03am | 43Analysts at Raymond James upgrade Unit Corp (NYSE: UNT) from "market perform" to "strong buy." UNT’s shares dipped 7.19% to close at $44.66 yesterday. More Analyst Ratings here