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American Express Beats Handidly (AXP)
Thursday, July 22, 2010 - 4:11pm | 30American Express Company (NYSE: AXP) reports Q2 EPS $0.84 vs consensus of $0.77. American Express Company reports Q2 revenue $6.9 billion vs consensus of $6.84 billion.
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Capital One Tops Estimates
Thursday, July 22, 2010 - 4:06pm | 20Capital One Financial Corp. (NYSE: COF) reports Q2 EPS $1.33 vs consensus of $0.88.
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Stocks Hitting 52-Week Highs (FFIV, ISLN, PWER, FCFS)
Thursday, July 22, 2010 - 1:49pm | 154F5 Networks Inc (NASDAQ: FFIV) shares gained 13.75% to create a new 52-week high of $83.16. FFIV had reported a strong rise in its Q3 profits. Isilon Systems Inc (NASDAQ: ISLN) shares rose 1.69% to create a new high of $16.27. ISLN has posted better-than-expected Q2 earnings. Power-One Inc (NASDAQ...
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Mid-Day Market Movers (DSTI, BXC, LNCE, ACF)
Thursday, July 22, 2010 - 11:29am | 148DayStar Technologies Inc (NASDAQ: DSTI) shares advanced 59.99% to $2.24 at 10:37 am. DSTI is planning to manufacture its CIGS solar modules in offshore locations. Bluelinx Holdings Inc (NYSE: BXC) climbed 37.05% to $3.44. Private equity firm Cerberus Capital Management LP has offered to buy all the...
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Piper Jaffray Overweight on Cardtronics, $17 Price Target (CATM)
Thursday, July 22, 2010 - 10:42am | 66Piper Jaffray remains overweight on Cardtronics Inc. (NASDAQ: CATM) and it has a $17 price target on shares of the company. Yesterday Cardtronics announced that it has initiated a full redemption of its $100m, 9.25% Senior Subordinated Notes due in 2013. Piper Jaffray estimates that this...
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GM Shows Strength, Buys AmeriCredit (ACF)
Thursday, July 22, 2010 - 8:09am | 77Beleaguered automaker General Motors has acquired Americredit (NYSE: ACF) for $24.50 a share. This was done to meet customer demand for leasing and non-prime financing for GM vehicles, General Motors and AmeriCredit Corp. announced. One of the nation's leading independent auto finance companies,...
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Companies Reporting Today (CAT, PM, ETFC, RCL, NYT, UPS, XRX, AXP, MMM)
Thursday, July 22, 2010 - 6:48am | 263Caterpillar Inc (NYSE: CAT) is expected to report its second quarter earnings at $0.83 per share and revenue of $9.6 billion. Phillip Morris International Inc (NYSE: PM) is likely to post its earnings for the second quarter at $0.96 per share on revenue of $6.8 billion. E*Trade Financial Corp (...
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Late Market Roundup (GS, RAH, MS, APA, BP, SLM)
Wednesday, July 21, 2010 - 2:39pm | 335According to Informa Global Markets, Goldman Sachs (NYSE: GS) has announced the sale of $3 billion in debt in a two-part deal. The deal comprises of 5-year and 10-year debt. As per Informa, Morgan Stanley (NYSE: MS) has also planned to issue 5-year and 10-year bonds. According to a regulatory...
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2010 Fund Performance Period 7
Tuesday, July 20, 2010 - 4:14pm | 4734If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund Manager] [...
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Piper Jaffray Sees Growth At American Express Ahead of Thursday Earnings (AXP)
Tuesday, July 20, 2010 - 7:46am | 112Piper Jaffray analysts Robert Napoli, Brian Hogan, and Jason Deleeuw reiterated an Overweight rating for American Express (NYSE: AXP) ahead of the company's earnings report on July 22nd. Piper Jaffray expects a 16% spending growth at American Express, outpacing the industry average. The analysts...
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Stock Market News for July 19, 2010 - Market News
Monday, July 19, 2010 - 9:46am | 497Consumers’ growing pessimism about the economic recovery shook investors’ confidence on Friday, sending major averages off at least 2%, even as some companies reported better-than-anticipated quarterly numbers. Financials led on the downside after some big names from the sector posted weaker-than-...
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WHAT’S ON TAP?
Sunday, July 18, 2010 - 3:47pm | 639For the week of July 19th (in conjunction with Econoday): Earnings will dominate the calendar this week as many blue chips report. On the economic front housing data will be in the spotlight. Let’s take a look at what’s on tap: Monday – IBM reports after the bell. Housing Market Index 10:00 AM...
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A Look Ahead at Earnings Next Week
Friday, July 16, 2010 - 2:23pm | 970With the S&P 500 grasping at 1070, and yet another "90% day" as the student body has run back to the left ("risk off" stampede), let's take a look ahead at the key reports next week; both for the greater market and what we have our eyes on. The next 3 weeks are the heart of the earnings season...
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Top 4 Stocks In The Credit Services Industry With The Highest Profit Margin (PRS, FSC, AGM, CACC)
Wednesday, July 14, 2010 - 6:15am | 137Below are the top credit services stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Primus Guaranty Ltd (NYSE: PRS) is 92.98%. PRS’ quarterly revenue jumped 67.60% y/y. The trailing-twelve-month profit margin at Fifth Street Finance Corporation...
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Stock Market News for July 9, 2010 - Market News
Friday, July 9, 2010 - 9:39am | 436Some solid retail sales numbers and reassuring signs from the job market sent U.S. stocks higher for a third day on Thursday even as the International Monetary Fund noted the global economy would grow faster than expected this year. After breaking through the 10,000 threshold Wednesday, the Dow...