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U.S. Global Investors Continues GROW Dividends
Friday, June 24, 2011 - 4:23pm | 187U.S. Global Investors, Inc. (Nasdaq: GROW) will continue its payment of monthly dividends in the third calendar quarter of 2011. “We initiated our dividend program in June 2007, and the end of this month will mark the 48th straight month that U.S. Global Investors has awarded a dividend to our...
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Och-Ziff Capital Management Group Announces Appointment and Departure of Two Directors
Friday, June 24, 2011 - 7:30am | 57Och-Ziff Capital Management Group LLC (NYSE: OZM) announced today that on June 22, 2011 its Board of Directors appointed J. Barry Griswell and Georganne C. Proctor as independent directors of the Company, effective immediately, and that Jeffrey R. Leeds and William C. Cobb have stepped down from...
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 4:30am | 2005Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Top 4 NYSE Stocks In The Regional-Northeast Banks Industry With The Highest Cash
Friday, June 24, 2011 - 12:57am | 133Below are the top regional-northeast banks stocks on the NYSE in terms of cash. State Street Corporation (NYSE: STT) had $33.07 billion in total cash and $38.57 billion in total debt for the latest quarter. M&T Bank Corporation (NYSE: MTB) had $1.60 billion in total cash and $8.12 billion in...
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Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 5:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...
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Big Business Gets New Friend: the Courts
Wednesday, June 22, 2011 - 2:23pm | 179(TheStreet) -- Today I join the ranks of conspiracy theorists. Yep, I'm joining forces with the tinfoil-hat-wearing dunderheads I've been criticizing in this and other forums for years. There is a conspiracy out there to screw the public on behalf of large corporations, and I can name for you where...
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"Aera!" 06-21-2011
Tuesday, June 21, 2011 - 6:18pm | 887Cusick's Corner All quiet on the western front and that is how the After Hours market finished up with market players waiting on the Greek vote and the FOMC statement tomorrow. The scope of this latest two-day run has been solid but the volume has been low and sentiment, which was previously very...
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Puts Purchased on Legg Mason, Inc.
Tuesday, June 21, 2011 - 12:48pm | 125Shares of Legg Mason, Inc. (NYSE: LM) are higher on the session by 2.21%, currently trading at $32.41. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago...
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Prospect Capital Corporation Prices Public Offering for 10M Shares of Common Stock at $10.15/Share
Tuesday, June 21, 2011 - 9:02am | 80Prospect Capital Corporation (NASDAQ: PSEC) announced today the pricing of an underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $10.15 per share. The public offering is expected to close on or about June 24, 2011, subject to customary closing...
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Benzinga's Top Pre-Market Losers
Tuesday, June 21, 2011 - 8:33am | 116Walgreen Co (NYSE: WAG) fell 5.05% to $42.90 in the pre-market session. WAG reported a 30% rise in its fiscal third-quarter profit Prospect Capital Corporation (NASDAQ: PSEC) dipped 4.49% to $10.20 in the pre-market session. PSEC reported that it is offering 10,000,000 shares of its common stock...
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Fast Money Pops & Drops, June 20th (AGU, BX, PETM, CAT, RIMM)
Monday, June 20, 2011 - 7:07pm | 241Guy Adami said on CNBC's Fast Money that Agrium (NYSE: AGU) jumped 4.05%, after it raised its guidance. He thinks that Agrium Inc. (USA) (AGU) looks attractive at $83 or $84. Dan Nathan said that The Blackstone Group L.P. (NYSE: BX) might make an acquisition in Europe next week. The Blackstone...
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Prospect Capital Corporation Announces Public Offering 10M of Common Stock
Monday, June 20, 2011 - 4:08pm | 63Prospect Capital Corporation (NASDAQ: PSEC) announced today that it is offering 10,000,000 shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. Barclays Capital Inc. is acting as sole book-running manager in this offering and Prospect...
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Financial Sector Dragging the Market
Monday, June 20, 2011 - 2:50pm | 449The Financials Sector is the weakest area of the S&P 500 in today's session, currently down 0.2% on the day. The weakest stocks currently in the S&P 500 Financials Sector are: 1) Goldman Sachs (NYSE: GS): Shares of Goldman Sachs are currently trading down 1.9% from Friday's close to $134....
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Doug Kass Expects News From PNC
Monday, June 20, 2011 - 12:23pm | 59Doug Kass tweeted that he expects PNC Financial (NYSE: PNC) to monetize its stake in Blackrock (NYSE: BLK) to deal with the new Basel III capital requirements. Shares of PNC are trading at $56.33, down $1.46 today.
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Blackstone Group Eyes Investments in Russia
Saturday, June 18, 2011 - 9:09am | 146Blackstone Group (NYSE: BX), the world's biggest private-equity firm, has yet to invest in Russia. But on Friday CEO Stephen Schwarzman said at the St. Petersburg International Economic Forum that the firm may invest in a new fund being set up by Russian President Dmitry Medvedev to spur foreign...