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M&I to be Acquired by BMO - Analyst Blog
Monday, December 20, 2010 - 9:33am | 664On Friday, bailed out lender Marshall & Ilsley Corporation (MI) announced that it has entered into an agreement with the Canada based Bank of Montreal (BMO) under which BMO will acquire all the shares of M&I in a stock-for-stock deal valued at $4.1 billion. Under the terms of the deal,...
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Monday, December 20, 2010 - 9:14am | 342Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Banco Frances (BFR) Black Box Corp (BBOX) Celgene Corp (CELG) Dollar Tree Inc (DLTR) Fairchild Semiconductor Intl (FCS) View the entire Zacks #1 Rank List. BLACK BOX CORP (BBOX): Free Stock Analysis Report BANCO FRANC-ADR (...
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M&I to be Acquired by BMO - Analyst Blog
Monday, December 20, 2010 - 9:11am | 664On Friday, bailed out lender Marshall & Ilsley Corporation (MI) announced that it has entered into an agreement with the Canada based Bank of Montreal (BMO) under which BMO will acquire all the shares of M&I in a stock-for-stock deal valued at $4.1 billion. Under the terms of the deal,...
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Tax Bill Passes: An Economic Boon? - Analyst Blog
Friday, December 17, 2010 - 4:00pm | 963Finally, the hurdle related to sustaining the Bush-era tax cuts has come to an end. Following the clearance from the Senate on Wednesday, the $858 billion tax-cut package got the green light in the U.S. House of Representatives with 277-148 votes. The votes in favor from Democrats were 139, while...
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Tax Bill Passes: An Economic Boon? - Analyst Blog
Friday, December 17, 2010 - 2:33pm | 963Finally, the hurdle related to sustaining the Bush-era tax cuts has come to an end. Following the clearance from the Senate on Wednesday, the $858 billion tax-cut package got the green light in the U.S. House of Representatives with 277-148 votes. The votes in favor from Democrats were 139, while...
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Tax Bill Passes: An Economic Boon? - Analyst Blog
Friday, December 17, 2010 - 2:11pm | 963Finally, the hurdle related to sustaining the Bush-era tax cuts has come to an end. Following the clearance from the Senate on Wednesday, the $858 billion tax-cut package got the green light in the U.S. House of Representatives with 277-148 votes. The votes in favor from Democrats were 139, while...
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Tax Bill Passes: An Economic Boon? - Analyst Blog
Friday, December 17, 2010 - 2:11pm | 963Finally, the hurdle related to sustaining the Bush-era tax cuts has come to an end. Following the clearance from the Senate on Wednesday, the $858 billion tax-cut package got the green light in the U.S. House of Representatives with 277-148 votes. The votes in favor from Democrats were 139, while...
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SEC Sends Banks More Subpoenas In Home-Foreclosure Probe -Reuters
Friday, December 17, 2010 - 1:45pm | 187The Securities and Exchange Commission has broadened its investigation of home-foreclosure problems in the U.S. by asking big Wall Street banks about the early stages of mortgage securitization, Reuters reported Friday, citing two sources familiar with the probe. The SEC last week sent out a new...
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Warner Bros. Joins NCR Corp. - Analyst Blog
Friday, December 17, 2010 - 12:03pm | 666Technology and solutions provider NCR Corp. (NCR) announced that it has inked a distribution deal with Warner Home Video, the home video unit of Warner Bros. Entertainment Inc. Under the terms of the deal, NCR Corp.'s Blockbuster Express kiosks will rent Warner Home Video's new movies 28 days...
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Wikileaks Founder Reiterates Intent To Leak Info On Banks -CNBC (BAC)
Friday, December 17, 2010 - 11:59am | 125Julian Assange's Wikileaks still plans to leak information about a large American bank in early 2011, according to CNBC's reiteration today. Bank of America (NYSE: BAC) has been one of the suspected targets of the leak, but it is by no means the only possibility. Other American banks, such as...
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Warner Bros. Joins NCR Corp. - Analyst Blog
Friday, December 17, 2010 - 11:30am | 666Technology and solutions provider NCR Corp. (NCR) announced that it has inked a distribution deal with Warner Home Video, the home video unit of Warner Bros. Entertainment Inc. Under the terms of the deal, NCR Corp.'s Blockbuster Express kiosks will rent Warner Home Video's new movies 28 days...
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Morning Market Movers (ITMN, BASI, NYMX, MI)
Friday, December 17, 2010 - 11:25am | 169InterMune Inc (NASDAQ: ITMN) jumped 101.89% to $28.81 at 10:24 am. The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has backed the ITMN's experimental lung drug Esbriet. Bioanalytical Systems Inc (NASDAQ: BASI) climbed 40.00% to $2.52. BASI's shares...
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News Summary (CCE, BMO, MI, ORCL)
Friday, December 17, 2010 - 10:52am | 189Shares of Coca-Cola Enterprises Inc (NYSE: CCE) rose about 1% after the company projected its adjusted 2010 earnings of $1.74 to $1.78 per share. However, analysts were expecting earnings at $1.79 per share. Coca-Cola Enterprises announced its plans to repurchase $200 million in stock by the year-...
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Morning Gap Ups (TTWO, ZQK, RIMM, RF, CBS)
Friday, December 17, 2010 - 10:14am | 222There are a slew of names gapping up this morning, for a variety of reasons that you should be aware of. In reaction to strong earnings or guidance Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is up over 8% this morning after the video game maker reported much better than expected earnings...
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BMO Financial Group to Acquire Marshall & Ilsley
Friday, December 17, 2010 - 8:35am | 132BMO Financial Group (NYSE: BMO) and Marshall & Ilsley Corporation (NYSE: MI) today announced that they have entered into a definitive agreement under which BMO will acquire all outstanding shares of common stock of M&I in a stock-for-stock transaction. Under the terms of the agreement,...