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Guy Adami Likes JEF And USB
Monday, November 30, 2009 - 6:57pm | 64CNBC's Fast Money Guy Adami is thinking about going long on Jefferies Group (NYSE: JEF). He also likes U.S. Bancorp (NYSE: USB) and thinks it could go to $29. Jefferies Group (JEF) fell 0.45% today and closed at $23.45, while U.S. Bancorp (USB) jumped 5.14% to $24.13.
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Stock in Focus: Inergy Reports Record Earnings, Raises Guidance (NRGP), (NRGY)
Monday, November 30, 2009 - 2:00pm | 325Inergy, a family of companies that includes Inergy, L.P. (NASDAQ: NRGY) and Inergy Holdings, L.P. (NASDAQ: NRGP) are trading mixed today after reporting record earnings for the fiscal fourth quarter and year ended September 30, 2009. Inergy Holdings (NRGP) is up $.11 to $53.57. Its cash-generating...
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Company News for November 30, 2009 - Corporate Summary
Monday, November 30, 2009 - 10:13am | 146• An Israeli financial newspaper reported IBM (NYSE:IBM) may announce the purchase of database security start-up Guardian for $225 million • Goldman Sachs (NYSE:GS) upgraded steel companies, and placed a "buy" rating on US Steel (NYSE:X) with a price target of $54 • Deere (NYSE:DE) was upgraded by...
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Four American Banks In Global Financial Watchdog Hitlist, GS, JPM, MS, BAC
Monday, November 30, 2009 - 8:21am | 145The Financial Stability Board, an international body of bankers and regulators, has drawn up a list of thirty top financial institutions which are to be the subject of cross border exercises by regulators. The list is a part of an international effort to prevent a future financial crisis. The...
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Benzinga’s Biggest Losers (ING, LYG, IVN, SFL, MVIS)
Friday, November 27, 2009 - 12:26pm | 173ING Groep N.V. (ADR) (NYSE: ING) plunged 18% to $10.06 after as investors are concerned with the banks exposure to the Dubai market. So far this year, ING is down over 9%. Lloyds Banking Group PLC (ADR) (NYSE: LYG) fell 8.55% to $5.67 on are concerned with the banks exposure to the Dubai market....
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Dubai World Loan Restructuring: RBS & HSBC Are The Major Lenders
Friday, November 27, 2009 - 11:47am | 254According to a JPMorgan (NYSE: JPM) report released today, the Royal Bank of Scotland (NYSE: RBS), the largest UK government controlled bank, arranged $2.3 Billion or 17% of the total Dubai World loans. The report also said that HSBC (NYSE: HCS) has the largest absolute exposure in U.A.E., with $17...
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Stocks Achieving New Highs (GOOG, WSC, NPK, HDB)
Wednesday, November 25, 2009 - 4:01pm | 147Google Inc. (NASDAQ: GOOG) reached today its new 52-week high with $587.06. Google (GOOG) had a good opening, but it soon formed double top pattern and declined to $583.84. Wesco Financial Corporation (AMEX: WSC) also had a good start today with a jump to $344.84. Wesco Financial (WSC) corrected...
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Benzinga’s News Update (WIN, SIG, MDT, AEO, DLTR, BGP, C)
Tuesday, November 24, 2009 - 10:44am | 466Windstream Corporation (NYSE: WIN) is currently trading at $10.07, down 0.59% on 87K shares after Windstream announced that it will buy lowa Telecommunications Services Inc. for $1.1 billion. As per the agreement, Windstream will issue 0.804 shares and $7.09 in cash for each share of Iowa...
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BMO Expects Diners Club Franchise Acquisition to More Than Double its Corporate Credit-Card Business
Tuesday, November 24, 2009 - 9:54am | 145Bank of Montreal (NYSE: BMO) is buying the Diners Club North American franchise from Citigroup Inc (NYSE: C). This acquisition will give BMO exclusive rights to issue Diners cards in the US and Canada. While BMO did not specify the financial terms of the deal, it indicated that the transaction...
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Rise Of A Small-Town Bank, BB&T Corporation (BBT)
Monday, November 23, 2009 - 3:02pm | 134While other southern banks like the Bank of America (NYSE: BAC) and Wachovia (recently rescued by Wells Fargo (NYSE: WFC)) are going through apocalypse,a small bank in nearby Winston-Salem is building up a profitable business in the south. BB&T Corporation (NYSE: BBT) has become a big player...
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Company News for November 23, 2009 - Corporate Summary
Monday, November 23, 2009 - 10:11am | 220• A large run of holiday sales offerings crashed the Ebay (NASDAQ:EBAY) website, causing a major weekend web outage • Tyson Foods (NYSE:TSN) reported better-than-expected earnings of 28 cents a share, beating Zacks estimates by 2 cents, on revenues of $7.2 billion, which exceeded Zacks estimates of...
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Barron's Stock List For A Solid Retirement Plan, STD, JNJ, NVS, MCD, NSRGY, INTC, CVX
Monday, November 23, 2009 - 9:40am | 724Barron's posted a list of a number of stocks that it thinks are good bets for people who have retired or are about to retire. These are high quality stocks that pay great dividends and are good for people who do not have time to take risks and make up for big losses. Many of these stocks yield over...
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5 Top Large-Cap Stocks with Lowest P/B Ratio (LYG, S, STI, COF, C)
Monday, November 23, 2009 - 7:49am | 176Below are interesting large-cap stocks on the NYSE and NASDAQ that have lowest price to book ratio. Lloyds Banking Group plc (NYSE: LYG) has a P/B ratio of 0.451 and a market capitalization of $24.6 billion. Credit Suisse upgraded LYG from “underperform” to “neutral.” Sprint Nextel Corp (NYSE: S)...
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This Emerging Markets ETF Doesn't Get A Lot Of Press, But Don't Worry (VEA)
Friday, November 20, 2009 - 4:22pm | 167When it comes to emerging markets ETFs that focus on more than one country, the iShares MSCI Emerging Markets Index (NYSE: EEM) is the 800-lb. gorilla in the room. EEM trades a huge amount of shares per day and the ETF is considered the bellwether among emerging markets ETF. That said, the ETF...
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5 Large-Cap NYSE Stocks with Highest Cash Per Share (BRK-A, GS, BCS, CS, MS)
Thursday, November 19, 2009 - 8:18am | 163Below are interesting large-cap stocks on the NYSE that have highest cash per share. Berkshire Hathaway Inc (NYSE: BRK-A) has the cash per share of $17,350 and a market capitalization of $161.11 billion. BRK-A has posted its earnings for the September quarter higher than the consensus. Goldman...