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Comerica Incorporated (NYSE: CMA) Downgraded Today
Tuesday, March 9, 2010 - 9:29am | 89Comerica Incorporated (NYSE: CMA) was downgraded today by BMO Capital Markets from Outperform to Market perform. Comerica Incorporated announced yesterday that it has commenced a public offering of approximately $800 million of its common stock for sale to the public. Comerica Incorporated (NYSE...
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Benzinga’s Top Pre-Market Losers (SUSQ, FSLR, BKC, CMA)
Tuesday, March 9, 2010 - 9:13am | 231Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) declined 5.18% to $8.61 in the pre-market session. Susquehanna Bancshares announced that it has commenced a public offering of $300 million common stock and $50 million cumulative trust preferred securities, Series II. Susquehanna Bancshares closed at $9....
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U.S. Equity Market Outlook (CASY, CMA, HRB, TXN, UAUA)
Tuesday, March 9, 2010 - 8:56am | 282According to Bloomberg, the shares of the following companies may see some unusual movements in trading today. Casey’s General Stores, Inc. (NASDAQ: CASY), which owns convenience stores in the Midwest, reported EPS of $0.34, excluding items, for the third-quarter, missing the average analyst EPS...
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Mad Money Lightning Round: Jim Promotes CSCO, V, FSYS, FFIV, GFA, ARBA, C, AAPL
Tuesday, March 9, 2010 - 8:11am | 354In his "Mad Money Lightning Round," Jim Cramer disclosed that his charitable trust owns Cisco Systems (NASDAQ: CSCO). He continues to believe that CSCO will not be expensive even at $35 a share. CSCO moved up 0.46% in the after hours session, following its 3.65% rise in yesterday’s trading. Cramer...
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Top 4 Large Cap NYSE Stocks With The Highest Sales Growth Estimates For The Current Quarter (SHG, EGO, CTL, SLW)
Monday, March 8, 2010 - 10:59am | 200Below are the top large cap stocks on the NYSE in terms of sales growth estimates for the current quarter. Shinhan Financial Group Co Ltd (NYSE: SHG) is likely to achieve 442.7% sales growth in the March quarter. SHG’s trailing-twelve-month revenues are $43.10 billion. Read more about this company...
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Simple Quantitative View of Goldman's VIP List Generates Some Other Long Ideas
Monday, March 8, 2010 - 10:01am | 1063For a pdf of this report, follow this link: Simple Quantitative Overview of Goldman Sach's VIP List. An article by the contributor "Market Folly" on Goldman Sach's "VIP List" caught our attention on Seeking Alpha. What better way to test our simple quantitative model against a list of 50 stocks...
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Top 5 Large Cap NYSE Stocks With The Highest Cash (BCS, GS, C, JPM, MS)
Monday, March 8, 2010 - 9:25am | 254Below are the top five large cap stocks on the NYSE in terms of cash. Barclays Plc (NYSE: BCS) had $1.20 trillion of total cash in the most recent quarter. BCS had total debt of $436.162 billion in the same period. Read more about this company here. Goldman Sachs Group Inc (NYSE: GS) had $751.57...
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Continued Financial Fiasco?
Monday, March 8, 2010 - 9:09am | 747Karl Denninger raises some interesting points in noting a consistent thread with the handful (sometimes more) banks that fail every weekend. In the post he details the extent to which the value of assets were overstated. For example; Waterford Bank, Germantown MD: $155.6 million in assets, $156.4...
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Gainers And Losers In The Financial Sector On March 5 (AIG, TRH, COF, AXP, MA, DFS, JPM, WFC, GS, BAC, C)
Monday, March 8, 2010 - 9:07am | 349The financial sector had its share of losers and gainers on Friday. Among the clear gainers was American International Group (NYSE: AIG), which announced that day that it had received a favorable ruling from the Internal Revenue Service on a tax issue. The resolution of the tax issue is likely to...
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March 8, 2010: A Yen for Asian Pacific Banks
Monday, March 8, 2010 - 1:43am | 403Jimmy Rogers, traveling the world from his Singapore home base, is adamant when he states that most western countries in debt up to their eyeballs to the Asian Pacific world face an economic holocaust. How this plays out is open to speculation, but many scenarios look grim for the spenders and...
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Corporate Charity Gets Hit By Economic Woes (KO, MET, XOM, WMT, GE, WFC, CAT, AA)
Saturday, March 6, 2010 - 10:23pm | 208According to a recent report released by Reuters, Only four out of the top ten philanthropic companies said that the dollar value of their donations increased in 2009. The dollar value remained same for two companies while it dropped for the remaining four corporations. Coca-Cola (NYSE: KO),...
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Goldman Sachs (GS) VIP List of Top Hedge Fund Holdings
Friday, March 5, 2010 - 1:19pm | 1198Today is going to be Goldman Sachs (GS) day at FMMF - from their nearly perfect forecasting of monthly labor data (magically adjusting their figures 24 hours before it is released each month to "hit it on the nail"), to their new foray into buying warehouses so they can corner obtain more...
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Gainers And Losers In The Financial Sector On March 4 (C, BAC, JPM, WFC, MS, GS, BBT, FITB, MTB)
Friday, March 5, 2010 - 8:10am | 375The financial sector had its share of losers and gainers yesterday. Among the clear gainers was Citigroup (NYSE: C), which shot up after the company’s CEO Vikram Pandit appeared on Capitol Hill to testify before a congressional panel on government bailout funds. He thanked the US government and...
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Wells Fargo’s Top Executives Get a Salary Hike of 142% (WFC)
Thursday, March 4, 2010 - 4:33pm | 137Wells Fargo (NYSE: WFC) has almost doubled in size after its successful acquisition of troubled bank Wachovia, and so has the compensation of its top executives. Wells Fargo & Company rewarded its top five executives with compensation of more than $11 million in 2009, while CEO John Stumpf...
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Top Executive salaries Jump At Wells Fargo Bank (WFC)
Thursday, March 4, 2010 - 4:21pm | 130Wells Fargo & Co. (NYSE: WFC) has paid $18.7 million in compensation to its CEO John Stumpf. According to a regulatory filing, Stumpf’s compensation consisted of $5.6 million base salary and $13 million performance-based stock bonus. Stumpf’s compensation in 2008 was $9 million. Wells Fargo’s...