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Dividend Aristocrats Index Making Changes (CTAS, BBT, PFE, GE)
Monday, December 7, 2009 - 5:46am | 220The Standard & Poor's Dividend Aristocrats Index should be a place where investors can find some of the best dividend payers around, but the index has inlcuded some dubious members recently. Considering that companies must raise their payouts for at least 25 consecutive years to included, the...
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Interest Bearing Checking Accounts Return Higher Than That Offered By Gold
Monday, December 7, 2009 - 5:11am | 136Gold's best year in three decades has yet to match the returns of an interest-bearing checking account. Investors who paid $850 an ounce back then earned 44 percent as gold reached a record $1,226.56 on December 3, in London. The S&P 500 stock index produced a 22-fold return with dividends...
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Tim Seymour Likes Bank of America (BAC) And Wells Fargo (WFC)
Friday, December 4, 2009 - 5:30pm | 128CNBC's Fast Money Tim Seymour thinks that strong employment numbers are good for financial sector and in the space he likes Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC). Tim Seymour thinks that Wells Fargo (WFC) will probably have to issue equity to repay TARP, but believes that it is...
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Enterprise Marketing Promises Opportunities
Friday, December 4, 2009 - 3:34pm | 207Enterprise Marketing Platforms are becoming a burgeoning opportunity as marketing remains one of the few core business functions still relatively early on the technology adoption curve. Wells Fargo (NYSE: WFC) believes that over the next several years, marketing automation software will enjoy...
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LYG to Return to Profitability in 2010
Friday, December 4, 2009 - 3:26pm | 128Analysts at UBS maintain their “buy” rating on Lloyds Banking Group (NYSE: LYG). The target price is set to 80p. LYG is likely to achieve expansion in its net interest margins and a decline in impairments costs during 2010. While the market expects Lloyds Banking to incur losses through 2010, the...
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Wells Fargo (WFC) Issues Outperform Rating For Comcast Corporation (CMCSA)
Friday, December 4, 2009 - 3:16pm | 85Wells Fargo (NYSE: WFC) issued Outperform rating for Comcast Corporation (NASDAQ: CMCSA), after the company announced its plan to acquire 51% of NBCU for over $14 billion. Wells Fargo noted that the deal makes strategic sense for Comcast as it will gain a controlling stake in NBCU and will be able...
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Benzinga's Earnings Preview (BIG, RY, SIRO)
Friday, December 4, 2009 - 6:45am | 93Big Lots, Inc. (NYSE: BIG) is expected to report third-quarter earnings of 18 cents a share on revenue of $1.02 billion. Yesterday, BIG closed at $23.54. Royal Bank of Canada (USA) (NYSE: RY) is projected to report fourth-quarter earnings of 97 cents a share. In yesterday session, RY closed at $54....
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Fast Money Picks For December 4th (WY, WFC, INTC)
Thursday, December 3, 2009 - 8:02pm | 134CNBC's Fast Money Joe Terranova thinks that Weyerhaeuser Company (NYSE: WY) can't continue its good run and it is time to sell this stock. Weyerhaeuser Company (WY) gained 1.71% today and closed at $42.15. Guy Adami believes that investors should short Wells Fargo (NYSE: WFC), which dropped 3.5%...
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15 European Banks Now Have Assets Larger than Their Domestic Economies, Versus 10 Pre-Crisis
Thursday, December 3, 2009 - 9:00am | 1602It appears just as in the US, where "the big 4" financial oligarchs now dominate, have become even "too bigger to fail" post crisis and make a farce of "8000 competitors".... Assets 1.Bank of America (BAC) $2.3 Trillion 2.JPMorgan (JPM) $2.0 Trillion 3.Citigroup (C) $1.8 Trillion 4.Wells...
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Dubai's $26bn Debt Restructure Plan Raises Concern
Wednesday, December 2, 2009 - 2:48pm | 179Dubai is struggling under more than $80bn of debt. Many investors believe the Emirate which has meagre oil resources, will be dependent on federal support and bankrolled by Abu Dhabi, the UAE’s wealthy capital. Sheikh Mohammed bin Rashid al-Maktoum, Dubai’s ruler, assured investors on Tuesday that...
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Company News for December 02, 2009 - Corporate Summary
Wednesday, December 2, 2009 - 10:13am | 125• Credit Suisse (NYSE:CS) upgraded SunTrust (NYSE:STI) to "outperform," with a price target of $29 • Joseph A Bank (NASDAQ:JOSB) reported third quarter earnings of 63 cents a share, beating Zacks estimates of 56 cents a share on revenues of $161 million, slightly ahead of Zacks projections for $160...
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5 Top Mid-Cap Stocks with Highest Cash (AIG, HIG, CM, JEF, PRE)
Wednesday, December 2, 2009 - 8:31am | 184Below are interesting mid-cap stocks on the NYSE and NASDAQ that have highest total cash. American International Group Inc (NYSE: AIG) has a market capitalization of $4.15 billion and the total cash of $108.22 billion. AIG shares have declined by 17.54% over the past 52 weeks as compared to a 30.64...
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DeVry Inc. - Growth And Income - Zacks Rank Buy
Wednesday, December 2, 2009 - 1:00am | 460DeVry Inc. (DV) recently boosted its dividend by 25% to 20 cents per share annually. The company pays dividends on a semi-annual basis, issuing the next 10-cent dividend on January 7 to shareholders of record as of December 11. Company Description DeVry is the holding company for DeVry...
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Company News for December 01, 2009 - Corporate Summary
Tuesday, December 1, 2009 - 9:56am | 255• General Electric (NYSE:GE) agreed with Vivendi to acquire the latter’s 20% NBC stake for $5.8 billion, down from Vivendi's previous valuation of $6.1 billion • After yesterday's close, Guess (NYSE:GES) announced third quarter earnings of 69 cents a share, up from 67 cents a year ago, and better...
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What Does Dubai’s Financial Crisis Mean for Emerging Markets?
Monday, November 30, 2009 - 7:35pm | 1163It must be fun to spark a world financial panic and then go on a five-day vacation. By now everyone knows that on Wednesday of last week, right before the Muslim world shut down for the Eid-al-Adha festival, Dubai World, the flagship investment company owned by the Government of Dubai and/or Dubai’...