-
Stock Market News for April 19, 2010 - Market News
Monday, April 19, 2010 - 5:47pm | 567Just when Wall Street was preparing for another strong weekly finish, civil fraud charges against one of the most powerful firms on Wall Street surfaced, rattling financial markets and sending stocks tumbling the most in two months. Goldman Sachs, the firm in question, was accused by the U.S....
-
Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 37
Monday, April 19, 2010 - 2:18pm | 1588Year 3, Week 37 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 65.5% (v 62.2% last week) 18 long bias: 27.4% (v 33.5% last week) 3 short bias: 7.1% (v 4.3% last week) [Includes 1 'long dollar' position...
-
WHAT’S ON TAP?
Sunday, April 18, 2010 - 12:05am | 974The economic calendar is relatively light this week so earnings will be the primary focus. With the market’s big run into earnings it’s now well known that earnings are going to be very good yet again so the onus might be on outside catalysts to continue the bull market. It will be interesting to...
-
Earnings Surprise Stocks (and Low Priced, Pay Dividends)
Friday, April 16, 2010 - 12:28pm | 292So what is an earnings surprise stock, you might ask? It is a company that has exceeded its (or missed its) earnings estimate by a certain percentage. WallStreetNewsNetwork.com has turned up a list of stocks that exceeded their estimates by more than 20%. In addition, all these stocks pay dividends...
-
Benzinga’s Top Pre-Market Losers (CCRT, GOOG, ISRG, ATEC, NVDA)
Friday, April 16, 2010 - 8:51am | 174CompuCredit Holdings Corporation (NASDAQ: CCRT) has dipped 7.08% to $5.91 in pre-market. CCRT offers credit and related financial services and products to the underserved consumer credit market. Google (NASDAQ: GOOG) has fallen 4.76% to $567.68 in the pre-market session. GOOG reported lower-than-...
-
Mad Money Lightning Round: Jim Thinks SD, NVDA, ORA, CVE Are Great Investments
Friday, April 16, 2010 - 7:20am | 343In the "Mad Money Lightning Round," Jim Cramer said that although everyone dislikes SandRidge Energy (NYSE: SD), it is a great stock to invest in. Cramer said that American Express (NYSE: AXP) has had a gigantic run and is in for a pullback. He preferred Visa (NYSE: V) and JPMorgan Chase (NYSE:...
-
US Financial Sector Halts After A 5-Day Rally (ETFC, AMTD, SCHW, COF, ZION, MAC)
Thursday, April 15, 2010 - 4:06pm | 275US financial stocks failed to keep up the rally from the previous session today as weak reports on employment and foreclosures dampened investor enthusiasm for the sector. The Financial Select Sector SPDR Fund remained flat in early trade today after rallying continuously for the last five days....
-
COF Estimates Raised By Goldman
Thursday, April 15, 2010 - 2:30pm | 138Analysts at Goldman Sachs reiterate their “neutral” rating on Capital One Financial Corp (NYSE: COF), while raising their estimates for the company. The price target for COF is set to $45. Capital One's delinquencies are on a downward momentum. “The 9% decline over the past two months in the card...
-
Default Rate Up For Capital One (COF, JPM, C, DFS)
Thursday, April 15, 2010 - 12:26pm | 172Capital One Financial Corp. (NYSE: COF) has reported an increase in its credit-card default rates. This shows that the consumer is still financially distressed. In a regulatory filing, the financial firm has stated that the annualized net charge-off rate for US credit cards rose to 10.87% in March...
-
Benzinga’s Top Pre-Market Gainers (ANDS, CCRT, IDIX, CXDC)
Thursday, April 15, 2010 - 9:03am | 326Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) rose 26.44% to $3.30 in the pre-market session. Anadys Pharmaceuticals, Inc. announced that 72% of hepatitis C patients receiving ANA598 400 mg twice daily (bid) plus standard of care (SOC) achieved undetectable levels of virus at week eight in an ongoing...
-
Bookkeeping: Restarting Discover Financial Services (DFS)
Wednesday, April 14, 2010 - 3:01pm | 681Discover Financial Services (DFS) is one of those rare charts nowadays... it has been a relative laggard and is actually near key support levels so it provides a much more low risk entry point for us. After consolidating for a month, today the stock broke out over resistance of $15.75 which has...
-
Top Stocks of New York
Wednesday, April 14, 2010 - 12:45pm | 908New York is synonym of city, innovation, communication and finance, but New York is also a manufacturing and agricultural state. New York produces dairy products, cattle, vegetables and more. The state produces and exports minerals, automobile parts, computers and electronics, and chemical products...
-
Fast Money Picks For April 13th (AXP, AEO, YUM)
Monday, April 12, 2010 - 6:31pm | 126CNBC Fast Money's Joe Terranova thinks that investors should buy American Express Company (NYSE: AXP) on Tuesday. American Express (AXP) gained 1.50% today and closed at $44.54. American Eagle Outfitters (NYSE: AEO) is Karen Finerman's pick. She recommends a long position in this stock. American...
-
Stock Market News for April 9, 2010 - Market News
Friday, April 9, 2010 - 9:30am | 501Retailers reported their strongest monthly sales growth in a decade Thursday boosting expectations of an economic recovery and helping stocks reverse an early slide. The Dow average, in the red shortly after the opening bell, staged a steady comeback as the session neared its close, helped largely...
-
Financial Stocks Recover To End In Black On April 8
Friday, April 9, 2010 - 6:20am | 380After starting the day in the red on renewed concerns regarding the unresolved debt crisis in Greece, financial stocks recovered impressively to end in the black yesterday. The Financial Select Sector SPDR Fund (NYSE: XLF), which was down about 1% at the start of the day, closed up 0.8%. Citigroup...