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“Stop Trading!” Jim Cramer Thinks INTC Is Undervalued
Thursday, July 15, 2010 - 6:57am | 289Read More...In his Wednesday’s “Stop Trading!” segment aired on CNBC, Jim Cramer said that Intel (NASDAQ: INTC) is undervalued and those who are ignoring the stock are in a "wrong." He emphasized, “I think people should listen to [Intel's] conference call." Although he accepted that analysts "hate" the stock,...
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J.P. Morgan Reiterates Neutral Rating on Safeway (SWY)
Tuesday, July 13, 2010 - 9:25am | 362Read More...J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on Safeway (NYSE: SWY) ahead of earnings; it has a $22.00 price target on the stock. The JPM analysts said, “Safeway will report 2Q10 results on July 22nd (BMO). Into the print, we are modeling EPS of $0...
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J.P. Morgan Reiterates Overweight Rating on Vitamin Shoppe (VSI)
Tuesday, July 13, 2010 - 9:23am | 341Read More...J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on shares of Vitamin Shoppe Inc. (NYSE: VSI); it has a $28.00 price target on the stock. The JPM analysts said, “Vitamin Shoppe will report 2Q10 EPS on July 22 (BMO), and we are modeling 7.0% SSS...
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Top 4 NYSE Stocks In The Finance Industry With The Highest Cash (DB, BCS, UBS, GS)
Tuesday, July 13, 2010 - 5:53am | 124Read More...Below are the top finance stocks on the NYSE in terms of cash. Deutsche Bank AG (NYSE: DB) had $1.35 trillion in total cash for the latest quarter. Meanwhile, DB’s total debt amounted to $451.41 billion. Barclays PLC (NYSE: BCS) had $1.24 trillion in total cash and $652.05 billion in total debt for...
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Are Taxes More to Fear Than a Market Decline?
Monday, July 12, 2010 - 3:15pm | 180Read More...BOSTON (TheStreet) -- Investors are jittery about the stock market's decline to a 10-month low earlier this month, and many are piling into bonds. But they may have more to lose in the form of higher taxes. Although a dip in stocks is immediately felt in investment and retirement funds, new and...
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Avoiding Ireland
Monday, July 12, 2010 - 3:06pm | 193Read More...While some of Europe is emerging into bargain territory, investors should still approach Ireland with caution. Recently, Irish Prime Minister Brian Cowen said Allied Irish Banks (NYSE: AIB), the nation’s second biggest lender, may need more state support to meet new capital targets. The Irish bank...
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Company News for July 12, 2010 - Corporate Summary
Monday, July 12, 2010 - 9:36am | 194Read More...• BP (NYSE:BP) is reportedly in talks to sell up to $12 billion in assets • Weyerhaeuser (NYSE:WY) declared a special $5.6 billion dividend, tied to its REIT conversion • AON (NYSE:AON) plans to purchase Hewitt (NYSE:HEW) for $4.9 billion, or $50.00 per share in cash • Goldman Sachs (NYSE:GS) added...
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McAfee Leads in USB Devices - Analyst Blog
Thursday, July 8, 2010 - 4:42pm | 625Read More...Internet security company McAfee Inc. (MFE) has announced that it is now the dominant original equipment manufacturer (OEM) for universal serial bus (USB) devices, with two-thirds of manufacturers across the world opting for its security solutions. The company’s current USB partners include...
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What's Hot on TheStreet (AAPL, GOOG, STT, JPM, WFC, BAC)
Thursday, July 8, 2010 - 12:47pm | 316Read More...Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Google Streams Over Apple's Wall It's war. Google Inc. (NASDAQ: GOOG)'s mobile Web versus Apple Inc. (NASDAQ: AAPL)'s mobile apps. And the battle is heating up as a new YouTube video streaming site attempts to...
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Company News for July 8, 2010 - Corporate Summary
Thursday, July 8, 2010 - 9:42am | 156Read More...• Reports said BP (NYSE:BP) is working on a plan to cap the spill as early as July 27, but noted it could be "unlikely" • Wells Fargo (NYSE:WFC) plans to cut 3,800 jobs and close its subprime unit • MasterCard (NYSE:MA) reported June luxury purchases fell for the first time since last November • ...
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Benzinga's Top ETF Decliners (DRV, FAZ, TYP, TZA)
Wednesday, July 7, 2010 - 4:59pm | 226Read More...Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 14.74% on Wednesday, as real estate sector stocks rallied. Vornado Realty Trust (NYSE: VNO) gained 4.83%, and Boston Properties, Inc. (NYSE: BXP) jumped 5.34%. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) was also struggling...
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Benzinga's Top ETF Gainers (SOXL, DRN, FAS, TYH)
Wednesday, July 7, 2010 - 4:44pm | 205Read More...Direxion Daily Semiconductor Bull 3X (NYSE: SOXL) gained 15.71% today, as the semiconductor sector traded higher. Intel Corporation (NASDAQ: INTC) gained 3.40%, while Marvell Technology Group Ltd. (NASDAQ: MRVL) jumped 4.62%. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) managed to break the...
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Calls Purchased on Banco Santander (STD)
Wednesday, July 7, 2010 - 11:20am | 151Read More...Shares of Banco Santander SA (NYSE: STD) are higher on the session by 7.32%, currently trading at $12.32. The stock has been trading largely lower for the past six months, but appears to be making a turn as of late. The chart looks to have made a reverse head-and-shoulders bottom. Options traders...
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Company News for July 7, 2010 - Corporate Summary
Wednesday, July 7, 2010 - 10:13am | 204Read More...• Microsoft (NASDAQ:MSFT) is reportedly planning to cut a small number of positions this week • Family Dollar Stores (NYSE:FDO) reported a 19% rise in fiscal third-quarter earnings to 77 cents from 62 cents a year ago, one cent higher than Zacks estimates, on an 8.4% gain in revenues to $2 billion...
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Lloyds Banking (LYG) Sells Private Equity Investments
Monday, July 5, 2010 - 7:25am | 118Read More...Lloyds Banking Group (NYSE: LYG) announced on Monday that it is selling 40 private equity investments that are currently held by its Bank of Scotland Integrated Finance business unit to a joint venture called Cavendish Square Partners. Coller Capital, which owns about 70% of the joint venture, is...

