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More On Cornerstone OnDemand (CSOD)
Thursday, March 17, 2011 - 11:48am | 162Cornerstone On Demand (NASDAQ: CSOD) is trading sharply higher today, gaining some 50% to around $19 after the software-as-a-service (SaaS) company went public today. The company is based in California, and delivers its human resources software on a subscription basis to more than 480 clients...
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Benzinga's Top Upgrades (AKAM, CMA, CREE, LMT)
Thursday, March 17, 2011 - 8:20am | 146Akamai Technologies Inc (NASDAQ: AKAM) was upgraded by Stifel Nicolaus from "hold" to "buy." AKAM's shares closed at $34.96 yesterday. Akamai Technologies' trailing-twelve-month operating margin is 26.30%. Comerica Incorporated (NYSE: CMA) was upgraded by BMO Capital from "market perform" to "...
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Several Reports out Saying That Large Banks Have Received Subpoenas with Regards to Setting of LIBOR Rates -Financial Times (UBS, BAC, C, BCS)
Thursday, March 17, 2011 - 7:59am | 71There are multiple reports out saying that UBS AG (NYSE: UBS), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and Barclays (NYSE: BCS) have received subpoenas with regard to setting LIBOR rates between 2006 and 2008, Financial Times reports.
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Stocks Broadly Lower on Concerns in Japan 03-15-2011
Tuesday, March 15, 2011 - 2:54pm | 893Cusick's Corner The bid attempts a bounce into the Midday, we need to be very careful on two fronts, buying into this pullback and maintaining long positions. The longs will have to be disciplined and patient, look away from the TV, but not blind to the current conditions. What I mean is that...
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Puts Purchased on Bank of Ireland (IRE)
Tuesday, March 15, 2011 - 2:07pm | 141Shares of Bank of Ireland (NYSE: IRE) are lower on the session by 2.44%, currently trading at $2.00. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Standpoint Research Upgrades (PRSP, VLTR, CBRL, CIB, SBS, TEO)
Tuesday, March 15, 2011 - 1:38pm | 119Standpoint Research is upgrading the following companies: Saneamento Brazil (NYSE: SBS) from Hold to Accumulate Telecom Argentina (NYSE: TEO) from Hold to Accumulate BanColombia (NYSE: CIB) from Hold to Accumulate Cracker Barrell (NASDAQ: CBRL) from Hold to Buy Volterra (NASDAQ: VLTR) from...
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March 12, 2011: Dividend Reservoir: Bank Stocks
Saturday, March 12, 2011 - 9:17am | 686Are you a dividend investor? For many of us the answer is yes. Most of the articles within Seeking Alpha pertaining to dividend-oriented investing have a tendency to look backwards, projecting an income stream through the assumption of what happened in the past to a company's fortunes (and the...
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Benzinga's Political Round Up (AMZN, AIG, JPM, EWJ, WFC)
Friday, March 11, 2011 - 1:04pm | 278Amazon.com (NASDAQ: AMZN) is in a fight with the state of Illinois regarding sales taxes, as the state wants to collect sales taxes from goods sold. Amazon is severing relationships with Illinois affiliates as a result. Banks like J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) are fighting...
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U.S. Bank to Begin Issuing Cards to North American Corporate Clients in Europe by Mid-Year
Wednesday, March 9, 2011 - 11:03am | 62U.S. Bank (NYSE: USB) will begin to issue commercial cards for corporate clients in Europe in mid-2011. This will give North America-based multinational customers of U.S. Bank the opportunity to extend their U.S. Bank Corporate Card programs to employees of their European operations and easily...
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Financial Sector Leading
Tuesday, March 8, 2011 - 1:40pm | 239The financial sector was the leading indicator for the rally today. This was clearly seen as the markets sold sharply for the first twenty minutes of the day before reversing to the upside dramatically. As the markets were selling into the 10:00am ET time frame, Goldman Sachs Group, Inc. (NYSE: GS...
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Puts Bought on National Bank of Greece (NBG)
Tuesday, March 8, 2011 - 11:49am | 150Shares of National Bank of Greece S.A. (NYSE: NBG) are lower on the session by 2.81%, currently trading at $1.73. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Pump Up The Volume: Wells Fargo & Company (WFC)
Tuesday, March 8, 2011 - 11:11am | 116Shares of Wells Fargo & Company (NYSE: WFC) are higher on the session by 1.95%, trading at $32.34. WFC's April $34 call is one of the most heavily traded options this morning, turning over 28,392 contracts within the first 30 minutes of trading. Open interest on the strike is 25,318 contracts...
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Puts Purchased on National Bank of Greece S.A (NBG)
Monday, March 7, 2011 - 12:00pm | 163Shares of National Bank of Greece S.A (NYSE: NBG) are lower on the session by 2.72%, currently trading at $1.79. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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How To Trade Moody's Greek Debt Rating Cut (VGK, EPV, NBG, CCH)
Monday, March 7, 2011 - 9:08am | 369Moody's Investors Service announced on Monday that it lowered Greece's debt rating three levels from Ba1 down to B1; a move that comes among increasing concerns over sovereign debt problems faced by many Euro-zone countries. Moody's cited the Greek government's tax collection difficulties and...
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A Look Ahead: Next Week's ETFs To Watch
Friday, March 4, 2011 - 5:12pm | 353A late-day rally on Friday, if it can be called that, prevented the Dow Jones Industrial Average from notching its third triple-digit move this week, so to say things have been interesting, if not volatile, in the first week of March would be an accurate statement. We don't want get in the...