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Citigroup Raises PT On Waddell & Reed Financial To $47
Friday, February 18, 2011 - 7:56am | 27Citigroup has raised the price target on Waddell & Reed Financial (NYSE: WDR) from $44 to $47 and maintains its Buy rating.
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Top 4 Small-Cap Stocks In The Financial Sector With The Highest Cash (IBKR, PNSN, ESGR, UMBF)
Friday, February 18, 2011 - 4:23am | 143Below are the top small-cap financial stocks on the NYSE and the NASDAQ in terms of cash. Interactive Brokers Group Inc (NASDAQ: IBKR) had $20.29 billion in total cash for the latest quarter. IBKR's total debt for the same period amounted to $2.14 billion. Penson Worldwide Inc (NASDAQ: PNSN) had $6...
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PowerShares, SPDR Make Nice Over ETF Tickers
Friday, February 18, 2011 - 4:04am | 304Invesco's (NYSE: IVZ) PowerShares ETF business, and State Street's (NYSE: STT) SPDR ETF unit have settled a dispute stemming from PowerShares' use of similar tickers with its suite of nine small-cap sector ETFs introduced in 2010. SPDR claimed the tickers too closely resembled the tickers used for...
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5 More iShares ETFs Added To Fidelity's Commission-Free Lineup
Thursday, February 17, 2011 - 3:31pm | 177Five more iShares ETFs have been added to the roster of funds that Fidelity will allow its clients to trade commission-free, that's up from the 25 iShares ETFs Fidelity offered commission-free when it announced the agreement with iShares last year. iShares, the ETF unit of asset management giant...
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Keefe, Bruyette & Woods Raises American Capital PT To $10, Maintains Market Perform (ACAS)
Thursday, February 17, 2011 - 9:53am | 78Keefe, Bruyette & Woods raised its American Capital (NASDAQ: ACAS) price target from $7 to $10 and maintained American Capital's Market Perform rating in a research report published today. In the report, Keefe, Bruyette & Woods states, "Following American Capital's 4Q10 earnings...
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J.P. Morgan Raising Its Price Target On American Capital (ACAS)
Thursday, February 17, 2011 - 8:24am | 148J.P. Morgan Chase & Co. is raising its price target on shares of American Capital (NASDAQ: ACAS) to $11 from $10, and is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan writes, "ACAS reported $0.19 of NII per share for 4Q10 and received $474M in proceeds from...
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Options Brief: American Capital, Ltd. (ACAS)
Wednesday, February 16, 2011 - 11:35am | 95Shares of American Capital, Ltd. (NASDAQ: ACAS) are higher on the session by 9.29%, trading at $9.53. Overall call volume is now running at 2.20x the daily average, with 30% of all calls traded being purchases on the offer. 6,506 contracts have traded on the session so far. American Capital, Ltd....
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American Capital Surging After Earnings (ACAS)
Tuesday, February 15, 2011 - 5:49pm | 107American Capital (NASDAQ: ACAS) released its Q4 earnings results after the closing bell on Tuesday. The company reported earnings per share of $0.19 compared to analysts' consensus EPS estimates of $0.17. Net asset value per share was up 12% to $10.71. The company also announced that its portfolio...
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American Capital Reports 2010 Earnings of $1 Billion, or $3.02 Per Share
Tuesday, February 15, 2011 - 5:13pm | 93American Capital, Ltd. (NASDAQ: ACAS) announced net operating income (“NOI”) for the quarter and year ended December 31, 2010 of $67 million, or $0.19 per diluted share, and $204 million, or $0.62 per diluted share, respectively. Net earnings for the quarter and year were $381 million, or $1.08...
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American Capital Reports Q4 EPS of $0.19 vs. $0.17
Tuesday, February 15, 2011 - 5:13pm | 91American Capital, Ltd. (Nasdaq: ACAS) announced net operating income for the quarter and year ended December 31, 2010 of $67 million, or $0.19 per diluted share, and $204 million, or $0.62 per diluted share, respectively. Net earnings for the quarter and year were $381 million, or $1.08 per...
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PSEC To Be Added To S&P Small-Cap 600, KBW Reports
Tuesday, February 15, 2011 - 9:12am | 70After the close on Mon. 2/14, Standard & Poor's announced Prospect Capital Corp. (NASDAQ: PSEC) will be added to the S&P Small-Cap 600 Index after the close on Fri., 2/18, KBW reports. “We estimate the amount of shares of PSEC that will need to be purchased by S&P 600 index funds as a...
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J.P. Morgan Overweight On Invesco Ltd. (IVZ)
Tuesday, February 15, 2011 - 8:42am | 147J.P. Morgan Chase & Co. has an Overweight rating and a $31.50 price target on shares of Invesco Ltd. (NYSE: IVZ). In a note to clients, J.P. Morgan writes, "We reiterate our Overweight rating on Invesco as we see it both as a multiple expansion story based on improving sales, and an earnings...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 8:37am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 8:32am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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Citi Raises Target On Eaton Vance (EV)
Tuesday, February 15, 2011 - 8:23am | 132Citi Investment Research is raising its price target on shares of Eaton Vance (NYSE: EV) to $30 from $28, but is keeping its Sell rating shares on shares. In a note to clients, Citi writes, "Affirm Sell but edge up 12-month target $2, to $30, ahead of F1Q11 to be announced ~2/23, or 13x revised...