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Benzinga's After Hours Decliners (TWX, IVZ, HANS)
Tuesday, May 18, 2010 - 6:28pm | 184Among the notable decliners in today's post-market session are Time Warner Inc. (NYSE: TWX), Invesco Ltd. (NYSE: IVZ), and Hansen Natural (NASDAQ: HANS). The only stock showing any real volume is TWX. Time Warner (TWX) has fallen 3.45% to $29.56 in the late trading session after closing regular...
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Mid-Day Market Movers (IFLG, GLG, VRAD, IFSB)
Monday, May 17, 2010 - 2:21pm | 165InfoLogix Inc (NASDAQ: IFLG) soared 71.58% to $11.42 by 1:32 pm. Samsung, the leading mobile phone provider in the US and IFLG have announced their plans to collaborate on delivering mobile managed services to customers throughout North America. GLG Partners Inc (NYSE: GLG) climbed 49.31% to $4.34...
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Company News for May 17, 2010 - Corporate Summary
Monday, May 17, 2010 - 10:05am | 205• Mergers and acquisitions front picked up steam over the weekend, with mergers reported by Man Group, Universal Health, and Apollo Global Management • Man Group announced plans to buy GLG Partners (NYSE:GLG) for $4.50 per share or $1.6 billion • Universal Health (NYSE:UHS) announced plans to pay $...
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US Stock Futures Up Today, Concerns Remain
Monday, May 17, 2010 - 9:22am | 262US stock futures moved up higher today, despite continued concerns over European Union debt and growth in the Chinese market. While futures on the S&P 500 moved up 4.2 points to 1,139.50, those on the Nasdaq 100 rose 6.5 points to 1,916.20. Meanwhile, Dow Jones Industrial Average futures...
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US Stock Futures Up Today, Concerns Remain
Monday, May 17, 2010 - 9:12am | 262US stock futures moved up higher today, despite continued concerns over European Union debt and growth in the Chinese market. While futures on the S&P 500 moved up 4.2 points to 1,139.50, those on the Nasdaq 100 rose 6.5 points to 1,916.20. Meanwhile, Dow Jones Industrial Average futures...
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US Stocks Dipped Friday As Europe Continued To Be An Issue
Monday, May 17, 2010 - 5:47am | 225US stocks plunged on Friday over worries concerning European debt and Capitol Hill financial reform moves. Tom Samuels, managing director at Palantir Investments, said, "What we're witnessing is a rotation of concern from economic recovery considerations to liquidity conditions.” “When you review...
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US Stocks Dipped Friday As Europe Continued To Be An Issue
Monday, May 17, 2010 - 5:46am | 225US stocks plunged on Friday over worries concerning European debt and Capitol Hill financial reform moves. Tom Samuels, managing director at Palantir Investments, said, "What we're witnessing is a rotation of concern from economic recovery considerations to liquidity conditions.” “When you review...
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Waddell & Reed Selling Off On News It Was Big S&P Futures Seller In Market Plunge (WDR)
Friday, May 14, 2010 - 3:11pm | 220Waddell & Reed (NYSE: WDR) has been identified as a huge seller of S&P e-mini contracts in the midst of last Thursday's market plunge. This news has helped send the stock down around 5% today to $32.38. The chart in WDR does not look very promising, but the sell off on this news is totally...
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Waddell & Reed Big Mystery Seller In S&P Futures During Market Plunge (WDR)
Friday, May 14, 2010 - 2:54pm | 320Reuters is reporting that the big mystery seller in the S&P e-mini futures contract during last Thursday's market plunge was asset management firm Waddell & Reed (NYSE: WDR). Waddell sold 75,000 e-mini contracts during a 20-minute span in which U.S. equity markets plummeted according to an...
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Waddell & Reed was 'Mystery Trader' in Market Plunge According to Reuters
Friday, May 14, 2010 - 11:50am | 172According to a document which was obtained by Reuters, it was Waddell & Reed Financial Inc. (WDR) that was responsible for the market plunge. It was apparently due to a large order of e-mini contracts during a 20-minute span, and was not related to high frequency traders. About 9 percent of the...
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AngioDynamics Remains Neutral - Analyst Blog
Friday, May 14, 2010 - 9:40am | 476We recently reiterated our ‘Neutral’ rating on AngioDynamics Inc. (ANGO) with a target price of $17 based on a P/E of 29.8x our fiscal 2011 EPS estimate of 57 cents. The company’s results for the third quarter fiscal 2010 were mixed. In the third quarter, AngioDynamics reported earnings per...
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Benzinga’s Top Pre-Market Gainers (HAUP, ACAS, YHOO, BPOP, ARNA)
Friday, May 14, 2010 - 8:48am | 170Hauppauge Digital Inc (NASDAQ: HAUP) soared 22.11% to $3.70 in the pre-market session. HAUP, the world's leading developer and manufacturer of TV tuner products for personal computers, launched live TV support for iPad, iPhone and iPod touch. American Capital Ltd (NASDAQ: ACAS) added 1.87% to $6 in...
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ETFs Ravaged By Last Thursday's Flash Crash
Friday, May 14, 2010 - 8:19am | 213ETFs have been popular tools for hedging purposes among institutional investors, but that reputation may be vulnerable in the wake of last Thursday's "flash crash" that saw scores of ETFs trade below $1. When the New York Stock Exchange released its list of 173 securities that were affected by the...
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Viking Global Investors Betting On Credit Cards (V, IVZ, MA, BAC, ESRX)
Thursday, May 13, 2010 - 8:13pm | 268Viking Global Investors is one of the largest hedge funds in the world with assets under management of around $12.4 billion. The firm was founded by three former "Tiger Cubs," who worked at Julian Robertson's Tiger Management before striking off on their own. A look at Viking's portfolio as of 12/...
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Fidelity Shares Rise On Deal Talk
Wednesday, May 12, 2010 - 9:20am | 62Reported by Dow Jones, Fidelity National Information Services Inc. (NYSE: FIS) rose 5.2% to $30.36 in recent premarket action. This comes after published reports that three private-equity firms led by Blackstone Group (NYSE: BX) were negotiating a roughly $15 billion buyout of the payment-...