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Top Performing Large Cap Financials (BAC, WFC, AXP)
Thursday, January 14, 2010 - 4:49pm | 189Financials and tech stocks are leading the market marginally higher today. In the financial sector some large cap outperformers include Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), and American Express (NYSE: AXP). The action today in these names is quite positive considering that the...
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Top 5 Mid-Cap Stocks In The Financial Sector With The Highest Cash (AIG, CM, JEF, PRE, DFS)
Thursday, January 14, 2010 - 10:06am | 174Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of cash. American International Group Inc (NYSE: AIG) has total cash of $108.22 billion. AIG’s market capitalization is $3.91 billion. AIG has a total debt of $176.10 billion. Canadian Imperial Bank of Commerce (NYSE...
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AXP Well Positioned For Economic Recovery
Tuesday, January 12, 2010 - 2:03pm | 123Analysts at Morgan Stanley maintain their "overweight" rating on American Express Co (NYSE: AXP). The target price for AXP is set to $51. According to Morgan Stanley, American Express is likely to be one of the first card lenders to emerge from the credit downturn, given the decline in NCOs from 9....
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First Cash Financial (FCFS) Raises Profit Guidance
Friday, January 8, 2010 - 4:14pm | 105First Cash Financial Services Inc.(NASDAQ: FCFS) has revised its estimates for fourth quarter and the full year. It has raised its earnings expectations to 42-44 cents per share range in comparison to the earlier forecast of 37-39 cents range. First Cash has also revised annual earnings...
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2010 Card Issuer And Network Outlook (AXP, COF, DFS, V, MA)
Friday, January 8, 2010 - 3:15pm | 243Citigroup Inc. (NYSE: C) has released its 2010 outlook for Card Issuers and Network in its Investment Daily report. Analysts at Citi believe that the card stocks will be in a strong position over the next six months as the economy recovers and if the Fed does not raise interest rates. According to...
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Bank Of America, Morgan Stanley, Goldman Sachs Group Inc, JPMorgan Chase & Co Estimates Cut (MS, GS, JPM, SCHW)
Friday, January 8, 2010 - 12:39pm | 313Citigroup Inc. analysts reduced their fourth-quarter profit estimates for Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS), Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co (NYSE: JPM), citing a “substantial decline” in trading. According to the analysts the trading volumes in...
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Company News for January 06, 2010 - Corporate Summary
Wednesday, January 6, 2010 - 10:01am | 181• Goldman Sachs (NYSE:GS) added 3M (NYSE:MMM) to its Conviction Buy List, with a price target of $105 up from $100 • Family Dollar (NYSE:FDO) reported fiscal first quarter earnings of 49 cents a share, two pennies higher than projected, on inline revenues of 1.82 billion • Beazer Homes (NYSE:BZH)...
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Stock Market News for January 06, 2010 - Market News
Wednesday, January 6, 2010 - 9:59am | 430Mixed economic data and a rising dollar pressured stocks Tuesday, sending major indexes off their multi-month highs, but markets regained their footing late in the session helped by a rally in financial and banking shares. Sentiments on the Street drifted between hopes and concerns as yesterday’s...
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Market Round-up (MESA, DAL, CRH, TTM, COF)
Tuesday, January 5, 2010 - 1:49pm | 329Mesa Air Group (NASDAQ: MESA) has filed for bankruptcy protection under Chapter 11 in an effort to eliminate excess aircrafts and achieve a solution for its ongoing lawsuit with Delta (NYSE: DAL) at the earliest. With excess aircrafts lying with MESA and the associated lease obligations on...
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American Express All Charged Out?
Tuesday, January 5, 2010 - 11:22am | 164American Express (NYSE: AXP) has been on an amazing run this year and is just slightly off of its 52-week high above $42. Recently, American Express agreed to acquire Revolution Money, a secure payments provider for online transactions, for approximately $300 million. American Express CEO stated...
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Stock Market News for January 04, 2010 - Market News
Monday, January 4, 2010 - 10:05am | 370U.S. stocks fell broadly on the last trading day of an otherwise great year for equities as a better-than-estimated report on initial jobless claims stoked investors’ concern that the Federal Reserve would soon begin winding up stimulus measures. The Dow Jones industrial average lost 120.46 points...
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EZPW: Make Cash From A Pawn Shop
Wednesday, December 23, 2009 - 6:48pm | 640When the economy turns for the worse, it’s easy to spot the industries and the stocks that are going to suffer. High-end retailers, consumer discretionary names and the like usually take it on the chin when the going gets tough. Most investors know this. Finding the sectors and stocks that are...
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Benzinga’s Volume Movers (FINL, WRLD, CAAS, CAGC, HELE)
Wednesday, December 23, 2009 - 2:42pm | 222Some of the stocks that saw extraordinary trading this morning are: The Finish Line Inc (NASDAQ: FINL) shares jumped 8% to $10.80 after the company swung to profits in Q3. The volume of FINL shares traded was 259% higher than normal. World Acceptance Corporation (NASDAQ: WRLD) shares moved up 1.95...
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COF Offers Better Visibility On Margins
Wednesday, December 23, 2009 - 12:55pm | 116Analysts at Jefferies & Co maintain their "buy" rating on Capital One Financial (NYSE: COF), while raising their estimates for the company. The target price for COF has been raised from $45 to $48. Capital One Financial has announced that there will be a moderation in margins during 2010. The...
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Heartland (HPY) Progresses Despite Challenges
Monday, December 21, 2009 - 2:06pm | 159SIG research believes that Heartland Payment Systems (NYSE: HPY) is on track despite recent setbacks. Heartland seems to have limited its liabilities from the breach of its credit card databases by cybercriminals. Initiatives pursued with Discover (NYSE: DFS) and American Express (NYSE: AXP) should...