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T. Rowe Price Group Reports Q1 EPS of $0.72 vs. $0.75; Revenues $556.2M vs. $684.72M
Thursday, April 21, 2011 - 7:36am | 23T. Rowe Price Group (NASDAQ: TROW) Reports Q1 EPS of $0.72 vs. $0.75; Revenues $556.2M vs. $684.72M
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T. Rowe Price Reports EPS $0.72 vs. $0.75 Estimate; Revenues $682.4M vs. $685.6M Estimate (TROW)
Thursday, April 21, 2011 - 7:35am | 22T. Rowe Price (NASDAQ: TROW) Reports EPS $0.72 vs. $0.75 Estimate; Revenues $682.4M vs. $685.6M Estimate
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BlackRock Reports First Quarter Diluted EPS of $2.89 ($2.96 as adjusted)
Thursday, April 21, 2011 - 7:04am | 77BlackRock (NYSE: BLK) today reported first quarter 2011 net income(1) of $568 million, up $145 million from a year ago. Operating income was $798 million and non-operating income, net of non-controlling interests, was $19 million. The first quarter 2011 operating margin was 35.0%, which included $...
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Stocks Going Ex Dividend the Fourth Week of April
Wednesday, April 20, 2011 - 10:05pm | 751Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Fast Money Picks For April 21st (QCOM, MTL, WFC, CMI, BX, V)
Wednesday, April 20, 2011 - 7:41pm | 241CNBC Fast Money's Tim Seymour recommended Mechel OAO (ADR) (NYSE: MTL) as a buy, once again. Mechel OAO (ADR) (NYSE: MTL) gained 2.46% in the regular trading session, and it added 1.39% in the after hours. Stephen Weiss thinks that QUALCOMM, Inc. (NASDAQ: QCOM) should be bought, after it posted...
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Westwood Holdings Group, Inc. Reports First Quarter 2011 Results - EPS of $0.85
Wednesday, April 20, 2011 - 4:07pm | 108Westwood Holdings Group, Inc. (NYSE: WHG) today reported 2011 first quarter revenues of $17.0 million, net income of $3.5 million and earnings per diluted share of $0.50. This compares to revenues of $13.2 million, net income of $2.9 million and earnings per diluted share of $0.40 in the first...
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What's Hot On TheStreet
Wednesday, April 20, 2011 - 2:12pm | 303Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Racism, Sexism Creep Into Investing It would be noble, perhaps, to think the only color that counts in business is green. But race can cloud decision-making, as was illustrated in a recent study by researchers at...
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Hilton Worldwide Going Public? (BX)
Wednesday, April 20, 2011 - 11:53am | 61It is being reported that renowned hotel chain Hilton Worldwide may be planning a public offering for later this year. The company was purchased by private-equity powerhouse Blackstone Group (NYSE: BX) for $26 billion dollars in 2007 in an effort to boost its real estate fund. The news has...
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J.P. Morgan Reports Moderate 1Q For State Street
Wednesday, April 20, 2011 - 8:33am | 187According to J.P. Morgan, State Street (NYSE: STT) saw a moderate 1Q. J.P. Morgan said that STT posted moderate 1Q operating EPS of $0.88, a penny above its estimate and was cleaner than recent quarters with fewer non-recurring items. “Results were marked by better than expected, flattish core net...
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Jefferies Reports Another Round Of Downward Revisions On Northern Trust
Wednesday, April 20, 2011 - 8:30am | 146According to Jefferies, Northern Trust (NASDAQ: NTRS) saw another round of downward revisions. Jefferies said that it cut its estimates following another sizeable EPS miss to reflect a lower net interest margin and higher cost base. “Strong capital ratios and a loyal shareholder base limit...
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UPDATE: Jefferies Color On BK Target Decrease
Wednesday, April 20, 2011 - 8:25am | 118Jefferies, which lowered its PT on shares of the Bank of New York Mellon Corporation (NYSE: BK), is providing some color on the stock. “While the stock is not expensive at 11.5x our revised 2012 EPS estimate of $2.45, we see near-term vulnerability to negative revision trends,” Jefferies writes. “...
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J.P. Morgan Comments On Northern Trust's Weak EPS
Wednesday, April 20, 2011 - 8:20am | 147According to J.P. Morgan, Northern Trust (NASDAQ: NTRS) posted weak EPS of $0.59 (ex Visa gain), well below its estimate of $0.64 due to weak fee income and higher than expected expenses, partly offset by higher net interest income and high loan recoveries (of charged off loans), which are likely...
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A Peek Into The Market Before The Trading Starts
Wednesday, April 20, 2011 - 7:33am | 361Pre-open movers US stock futures are higher this morning, after strong earnings from the technology sector. Futures on the Dow Jones Industrial Average gained 137 points to 12,363.00 and futures on the S&P 500 stock index rose 16.90 points to 1,325.50. Nasdaq 100 futures surged 29 points to 2,...
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Jefferies Raises PT On STT To $62
Wednesday, April 20, 2011 - 7:31am | 83Jefferies raised its price target from $57 to $62 on State Street (NYSE: STT), reflecting 1Q net interest margins. According to Jefferies, “We raise our estimates following a 1Q beat to reflect a better net interest margin forecast and stronger core business trends. STT remains our preferred name...
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Prospect Capital Provides $13 Million in Senior Secured Second Lien (PSEC)
Wednesday, April 20, 2011 - 7:01am | 114Prospect Capital Provides $13 Million in Senior Secured Second Lien Financing to Support Annex Capital's Purchase of a Leading Food Services Company Prospect Capital Corporation (NASDAQ: PSEC) announced today that Prospect has made a secured debt investment of $13 million to support the...