-
Ascendere Associates LLC Long/Short Focus List: March 19, 2010
Sunday, March 21, 2010 - 11:03pm | 1979(A pdf of this report is available here.) We are taking our proven methodology used to rebalance the Ascendere Long/Short Model Portfolio of 80-100 stocks on a monthly basis, and using it to generate weekly trading ideas. While introducing some noise, it is also uncovering some good stocks. For...
-
Citigroup May Drop Out Of Bharti Airtel Syndicate (C, BCS)
Friday, March 19, 2010 - 2:37pm | 148Citigroup (NYSE: C) is contemplating leaving the banker syndicate working for Bharti Airtel Ltd. The syndicate is responsible for arranging $8.5 billion in funding for Bharti’s acquisition of the African operations of Kuwait’s Mobile Telecommunications Co. According to the sources, Citi ( C) is not...
-
Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)
Friday, March 19, 2010 - 10:16am | 967The concerns over the Greece debt situation are having an effect on the Euro’s trading price. The EU’s currency is having its worst week since January of this year. Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or...
-
Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)
Friday, March 19, 2010 - 10:16am | 967The concerns over the Greece debt situation are having an effect on the Euro’s trading price. The EU’s currency is having its worst week since January of this year. Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or...
-
Benzinga’s Top Pre-Market Gainers (MDTH, LYG, BBY, GNVC, BIDU)
Friday, March 19, 2010 - 8:16am | 257MedCath Corporation (NASDAQ: MDTH) increased 1.65% to $12.35 in the pre-market session. The 52-week trading range for MDTH is $6.62 - $13.63. In the last six months, MDTH has gained over 25%. Lloyds Banking Group PLC (ADR) (NYSE: LYG) climbed 9.09% to $3.72 in the pre-market session. Lloyds Banking...
-
European Markets Receive A Boost From Bank Stocks (LYG, CS)
Friday, March 19, 2010 - 7:24am | 150The Wall Street Journal reports that European markets climbed higher on Friday on back of strong performance by bank stocks. Bank stocks received a boost after Lloyds banking Group (ADR) (NYSE: LYG) announced that it was expecting to return to profitability this year. Stoxx Europe 600 Index...
-
Federal Judge Rules Theflyonthewall.com Misappropriated Investment Bank Recommendations (MS, BCS)
Thursday, March 18, 2010 - 9:39pm | 129A federal judge ruled today that financial news site, Theflyonthewall.com misappropriated "time-sensitive recommendations," of several investment banks, including Barclays (NYSE: BCS), Merrill Lynch, and Morgan Stanley (NYSE: MS). The web site had disseminated analyst ratings changes sometimes...
-
Own The Same Companies As Warren Buffett (KO, WFC, AXP)
Thursday, March 18, 2010 - 4:01pm | 141Are you interested in investing in the same companies as Warren Buffett? The Oracle of Omaha has a penchant for value stocks which have a wide competitive moat and world class management teams. Buffett advocates buying stocks who are trading at a significant discount relative to the intrinsic value...
-
Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
-
Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 1:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
-
Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 1:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
-
Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 1:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
-
USD Surges On Rumours Of Discount Rate Hike
Thursday, March 18, 2010 - 1:16pm | 592G10 Advancers and Decliners vs USD JPY -0.33 GBP -0.76 CHF -1.15 EUR -1.29 • Rumours of another hike to the US discount rate to be announced at 12:30 EST sent the USD surging; DXY up nearly 1% on day. • UK PSNCR (Feb) grew to 7.7bln from 4.681bln in Feb 09 (11.0bln...
-
3-18-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, March 18, 2010 - 11:48am | 1835Stocks in narrow range after price, jobs data NEW YORK (AP) — Stocks are trading in a narrow range Thursday after reports showed inflation remains benign and new claims for unemployment fell last week. The positive reports are being tempered by fresh concerns about debt problems in Greece. Stocks...
-
HSBC Holdings And athenahealth Downgraded
Thursday, March 18, 2010 - 8:31am | 94HSBC Holdings plc (ADR) (NYSE: HBC) declined 1.13% to $52.37 in the pre-market session. HSBC Holdings plc was downgraded today by FBR Capital to Market Perform from Outperform. The 52-week trading range for HBC is $25.75 - $64.42. HBC closed at $52.97 in the previous trading session. athenahealth...