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2011 Bank Failures Start with 2 - Analyst Blog
Monday, January 10, 2011 - 2:42pm | 755Read More...U.S. regulators shuttered two more banks in Florida and Arizona last Friday, marking the first two of the expected high number of small bank failures in 2011. These two failures in 2011 so far compare with the total number of bank failures of 157 in 2010, 140 in 2009 and just 25 in 2008. While...
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Calls Purchased on Banco Santander (STD)
Monday, January 10, 2011 - 11:57am | 137Read More...Shares of Banco Santander (NYSE: STD) are lower on the session by 2.34%, currently trading at $9.68. 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 calls on the name today. A short...
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Stock Market News for Jan 10, 2011 - Market News
Monday, January 10, 2011 - 10:31am | 890Read More...On Friday, the markets sunk to close in the red as financial stocks plunged following the court's ruling of two foreclosures as invalid. Disappointing jobs growth data also added to the concern of the nervy investors and led the indices down. The Dow Jones Industrial Average lost 0.19% and...
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Massachusetts Foreclosure Ruling Threatens Mortgage Handling (WFC, USB, BAC, GS, XLF)
Monday, January 10, 2011 - 10:23am | 471Read More...The Supreme Judicial Court in Massachusetts made a pivotal ruling on Friday against U.S. Bancorp (NYSE: USB) and Wells Fargo (NYSE: WFC) in a mortgage foreclosure case. The higher court confirmed the lower court's ruling which invalidated several foreclosure sales because proof of mortgage...
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Stock Market News for Jan 10, 2011 - Market News
Monday, January 10, 2011 - 10:07am | 890Read More...On Friday, the markets sunk to close in the red as financial stocks plunged following the court's ruling of two foreclosures as invalid. Disappointing jobs growth data also added to the concern of the nervy investors and led the indices down. The Dow Jones Industrial Average lost 0.19% and...
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FBR Capital Downgrades Sterling Financial, Flagstar Bancorp, Wells Fargo (STSA, FBC, WFC)
Monday, January 10, 2011 - 9:45am | 57Read More...FBR Capital downgrades the following companies: Sterling Financial (NASDAQ: STSA) from Outperform to Mkt. Perform. Flagstar Bancorp (NYSE: FBC) from Outperform to Mkt. Perform. Wells Fargo (NYSE: WFC) from Outperform to Mkt. Perform.
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5 Resolutions You Should Have Made In 2011 (For Retirement Planning)
Monday, January 10, 2011 - 8:30am | 519Read More...While you might still be working on some New Year's resolutions centered on shedding holiday weight gain, maybe you should have considered the following five resolutions to get on track with retirement planning. Dull as it is to plan for something that may be thirty years in the future, save...
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UBS Ups BCS To Buy
Monday, January 10, 2011 - 7:01am | 38Read More...Analysts at UBS upgrade Barclays Plc (NYSE: BCS) from “neutral” to “buy.” BCS shares closed at $17.26 on Friday. More Analyst Ratings here
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Benzinga's Political Roundup (AIG)
Friday, January 7, 2011 - 1:04pm | 125Read More...AIG (NYSE: AIG) is going to pay $450 million to settle a lawsuit regarding workman's compensation issues. President Obama appointed William Daley to be his new chief of staff, in a move many see as being business friendly. A Massachusetts court ruled against banks ability to foreclose because the...
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Wells Fargo Acquires Brokerage Firm - Analyst Blog
Thursday, January 6, 2011 - 3:33pm | 577Read More...Wells Fargo Insurance Services USA Inc., an insurance unit of Wells Fargo & Company (WFC) announced the acquisition of Prestige Professional Plans on Wednesday. Based in Dayton, Ohio, the acquired entity is an employee benefits insurance brokerage firm. Wells Fargo closed the acquisition...
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Wells Fargo Acquires Brokerage Firm - Analyst Blog
Thursday, January 6, 2011 - 2:43pm | 577Read More...Wells Fargo Insurance Services USA Inc., an insurance unit of Wells Fargo & Company (WFC) announced the acquisition of Prestige Professional Plans on Wednesday. Based in Dayton, Ohio, the acquired entity is an employee benefits insurance brokerage firm. Wells Fargo closed the acquisition...
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Oppenheimer Downgrades CMS Energy, SunTrust Banks, Comerica, Rackspace (CMS, STI, CMA, RAX)
Thursday, January 6, 2011 - 10:43am | 67Read More...Oppenheimer downgrades the following companies: CMS Energy (NYSE: CMS) from Outperform to Perform. SunTrust Banks (NYSE: STI) from Perform to Underperform. Comerica (NYSE: CMA) from Outperform to Perform. Rackspace (NYSE: RAX) from Outperform to Perform.
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Company News for January 06, 2011 - Corporate Summary
Thursday, January 6, 2011 - 10:33am | 719Read More...• Constellation Brands (NYSE:STZ) reported fiscal third quarter earnings of $0.66, ahead of the Zacks Consensus Estimate of $0.61, on revenues of $966 million lower than the Zacks Consensus Estimate of $987 million • Oppenheimer has upgraded ExxonMobil (NYSE:XOM) from "market-perform" to "...
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Company News for January 06, 2011 - Corporate Summary
Thursday, January 6, 2011 - 10:19am | 719Read More...• Constellation Brands (NYSE:STZ) reported fiscal third quarter earnings of $0.66, ahead of the Zacks Consensus Estimate of $0.61, on revenues of $966 million lower than the Zacks Consensus Estimate of $987 million • Oppenheimer has upgraded ExxonMobil (NYSE:XOM) from "market-perform" to "...
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Benzinga's Top ETF Decliners (TMF, AGQ, FAZ, YCL)
Wednesday, January 5, 2011 - 7:36pm | 187Read More...Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF) dropped 6.48% today, and closed at $31.59. This was the third trading session in a row that TMF traded lower. Today, it had a volume of 314K traded shares. ProShares Ultra Silver (ETF) (NYSE: AGQ) fell 3.45%, as silver continued to trade...
