-
Mad Money Lightning Round: Cramer Likes EOG Resources, BlackRock (EOG, MWE, ETP, CGC, BLK, TROW, EXR, LLNW)
Thursday, March 31, 2011 - 12:40am | 244On CNBC's Mad Money, Jim Cramer said during the Lightning Round that EOG Resources (NYSE: EOG) is” terrific. I'm a big big buyer of EOG." For MarkWest Energy Partners (NYSE: MWE), Jim said, “It's a pipeline out of Marcellus shale. That company is for real. I can't possibly tell you to sell it. I...
-
Federal Reserve Declines AIG Offer For Maiden Lane II (AIG)
Wednesday, March 30, 2011 - 4:36pm | 66The Federal Reserve has declined the offer from AIG (NYSE: AIG) to buy the Maiden Lane II portfolio. The Fed says that it will conduct an auction for some of these assets in the portfolio, and will sell them as market conditions exist. Blackrock (NYSE: BLK) will run the auction.
-
Options Brief: BlackRock, Inc. (BLK)
Wednesday, March 30, 2011 - 10:44am | 84Shares of BlackRock, Inc. (NYSE: BLK) are higher on the session by 5.57%, trading at $196.88. Overall call volume is now running at 5.88x the daily average, with 28% of all calls traded being purchases on the offer. 2,968 contracts have traded on the session so far. BlackRock, Inc. is an...
-
Citi Reiterates Buy Rating, $240 PT On BLK
Wednesday, March 30, 2011 - 8:35am | 73After the 3/29 close, Standard & Poors announced that BlackRock, Inc. (NYSE: BLK) will replace Genzyme Corp (NASDAQ: GENZ) in the S&P 500 Index effective after the 4/1 close, Citi reports. “We see the news as a material positive for BLK and reiterate our Buy rating and $240 12-month target...
-
BLK To Be Added To S&P 500; Deutsche Bank Maintains Buy Rating
Wednesday, March 30, 2011 - 7:50am | 81S&P announced that BlackRock, Inc. (NYSE: BLK) will be added to the S&P 500 Index, replacing Genzyme Corp. after the market close on April 1st, Deutsche Bank reports. “While the addition was highly anticipated (particularly post the float crossing the 50% threshold in 4Q), the timing was...
-
BlackRock To Replace Genzyme In The S&P 500 Index (BLK, GENZ)
Wednesday, March 30, 2011 - 7:29am | 167BlackRock (NYSE: BLK) is scheduled to replace Genzyme (NASDAQ: GENZ) in the S&P 500 as the biotech company is set to be acquired. BLK, the world's largest money manager, is trading $8.84 higher than yesterday's close, or +4.7%. GENZ is trading flat since yesterday's closing price. BlackRock...
-
Westwood Announces Launch of WHG SMidCap Plus Fund
Tuesday, March 29, 2011 - 2:27pm | 166Westwood Holdings Group (NYSE: WHG) announced the launch of the WHG SMidCap Plus Fund (WHGPX). The new mutual fund is managed by the same Westwood investment team as the WHG SMidCap Fund (WHGMX), which was recently closed to new investors due to the successful growth of Westwood's SMidCap strategy...
-
Options Brief: American Capital, Ltd. (ACAS)
Monday, March 28, 2011 - 11:56am | 95Shares of American Capital, Ltd. (NASDAQ: ACAS) are higher on the session by 0.96%, trading at $9.45. Overall call volume is now running at 2.39x the daily average, wit 44% of all calls traded being purchases on the offer. 7,208 contracts have traded on the session so far. American Capital, Ltd...
-
Ticonderoga Downgrades Franklin Resources To Neutral
Monday, March 28, 2011 - 7:59am | 19Ticonderoga has downgraded Franklin Resources (NYSE: BEN) from Buy to Neutral.
-
Morgan Stanley Downgrades NTRS To Equal-Weight
Monday, March 28, 2011 - 7:52am | 101Morgan Stanley has issued a report downgrading Northern Trust Corp. (NASDAQ: NTRS) to an Equal-Weight Rating. According to Morgan Stanley, "We are Equal-weight NTRS. We believe management is making the right decision to invest throughout the cycle, but expect the stock will be an in-line performer...
-
UPDATE: Morgan Stanley Downgrades Northern Trust Corp. To Equal-Weight; Lowers PT To $58
Monday, March 28, 2011 - 7:49am | 165Morgan Stanley is moving to the sidelines on Northern Trust Corp (NASDAQ: NTRS) as persistently low rates continue to weigh on our top line estimates for NTRS, one of the most rate-sensitive names in its coverage. Morgan Stanley's EPS estimates decline for the third time in two months, by 6c in...
-
For Sale: $30B of Subprime Bonds That Sunk AIG
Friday, March 25, 2011 - 2:54pm | 100The Federal Reserve is reportedly mulling auctioning off a huge basket of subprime-mortgage bonds that have a face value of $30 billion and had been bought from bailed-out insurer American International Group (NYSE: AIG) during the height of the financial crisis. According to The Wall Street...
-
Green Car Stocks Trading Alert
Friday, March 25, 2011 - 2:29pm | 634March 25, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on electric car stocks and battery stocks trading for March 25th. As markets give investors another positive trading day, the sector shows strength. Oil is trading...
-
Benzinga's Political Roundup (AIG, BLK)
Friday, March 25, 2011 - 11:58am | 64The Federal Reserve is debating whether to have an auction of a portfolio of subprime-mortgage bonds it purchased from AIG (NYSE: AIG) during the financial crisis of 2008. It is consulting with BlackRock Inc. (NYSE: BLK) about the process.
-
For Sale: $30B of Subprime Bonds That Sunk AIG
Friday, March 25, 2011 - 10:55am | 100The Federal Reserve is reportedly mulling auctioning off a huge basket of subprime-mortgage bonds that have a face value of $30 billion and had been bought from bailed-out insurer American International Group (NYSE: AIG) during the height of the financial crisis. According to The Wall Street...