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Banco Bradesco Announces 9 Month EPS of R$2.38
Wednesday, October 27, 2010 - 9:09am | 129Read More...The main figures obtained by Bradesco . (NYSE: BBD) in the first nine months of 2010 are presented below: Adjusted Net Income(1) in the period was R$7.120 billion (an increase of 23.9% from R$5.747 billion in the same period of 2009), corresponding to earnings per share of R$2.38 accrued over...
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In Play: Ecopetrol Could Jolt Colombia ETF
Wednesday, October 27, 2010 - 8:54am | 175Read More...The story of the Global X/InterBolsa FTSE Colombia 20 ETF (NYSE: GXG), the only Colombia-specific ETF available to U.S. investors, is well-known at this point as the fund has gained more than 50% since June. Like so many emerging markets ETFs, GXG is heavily weighted to just a couple of stocks with...
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Benzinga's Top ETF Gainers (TMV, TBT, PALL, DPK)
Tuesday, October 26, 2010 - 5:36pm | 189Read More...Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV) led the gainers among the ETFs on Tuesday, with an increase of 4.59%. TMV closed at $38.77, and had a volume of 586K traded shares. ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT) traded 3.04% higher on Tuesday. TBT managed to...
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Financial Sector Roundup (JPM, GS, BAC, WFC, C, XLF)
Tuesday, October 26, 2010 - 3:50pm | 159Read More...The financial sector has been a tremendous drag on the overall stock market over the last few months. Can you imagine where the S&P might be trading if it weren't for the lagging financials, whose businesses are crucial to a sustainable recovery? During Tuesday's trading session, the sector is...
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Wells Fargo & Company Announces Dividend of 5 Cents
Tuesday, October 26, 2010 - 3:04pm | 41Read More...Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.05 per share. The dividend is payable December 1, 2010, to stockholders of record on November 5, 2010. The Company has approximately 5.2 billion shares outstanding.
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Dick Bove Comments On Northern Trust Rumor (NTRS)
Tuesday, October 26, 2010 - 2:05pm | 117Read More...Rochdale Securities analyst Dick Bove had some comments on the supposed merger between Northern Trust (NASDAQ: NTRS) and HSBC (NYSE: HBC). The number being thrown out on Wall Street is $65 per share, which Bove called a "gift." He said he expects a price around $58, but did say that a merger...
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Afternoon Market Update (NTRS, HBC, IBM, DAL, LCC, AMR)
Tuesday, October 26, 2010 - 12:07pm | 196Read More...Shares of Northern Trust Corp (NASDAQ: NTRS) gained about 4% after the UK's Daily Mail report. According to the report, HSBC Holdings Plc (NYSE: HBC) is likely to make an offer of $65 per share for NTRS. HSBC recently withdrew a plan of purchasing a stake in Nedbank Group. The board of directors of...
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Northern Trust Up In Pre-Market On Merger Rumors (NTRS, HBC)
Tuesday, October 26, 2010 - 9:24am | 76Read More...Shares of Northern Trust Corporation (NASDAQ: NTRS) are up 4% in pre-market on rumors that HSBC Holdings (NYSE: HBC) may bid for the company. According to the U.K.'s Daily Mail, HSBC is going to offer $65 in cash for the bank. Northern Trust provides asset servicing, fund administration, investment...
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Jim Cramer's Stop Trading: Cramer Sees Ford (F) At $17 (F, C, WFC, LYB, LMT)
Monday, October 25, 2010 - 5:22pm | 276Read More...On CNBC's "Stop Trading, Listen to Cramer!", Jim Cramer said that Citigroup Inc. (NYSE: C) will make a sharp move higher when government stops selling its shares. He added that other banks are performing poorly, but he believes that Wells Fargo & Company (NYSE: WFC) had a good quarter. Citi (C...
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Benzinga's Top ETF Decliners (SOXS, EDZ, SMN, ZSL)
Monday, October 25, 2010 - 4:49pm | 202Read More...Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) fell 3.47% on Monday as Advanced Micro Devices, Inc. (NYSE: AMD) spiked 5.37%. SOXL closed at $25.61, and had a volume of 134K traded shares. Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) dropped 3.41% as the MSCI Emerging...
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Buffett's Underperformers: A Good Bet On A Blue-Chip Rebound?
Monday, October 25, 2010 - 1:39pm | 334Read More...If we were all as lucky as Warren Buffett, we would be able to make investments in companies like ConocoPhillips (NYSE: COP), U.S. Bancorp (NYSE: USB-PH), Kraft Foods (NYSE: KFT), Sanofi-Aventis (NYSE: SNY), Johnson & Johnson (NYSE: JNJ) and Wells Fargo & Company (NYSE: WFC) and call them...
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Goldman: QE2 Could Be $2 Trillion
Monday, October 25, 2010 - 11:47am | 181Read More...Goldman Sachs (NYSE: GS) said this morning that it thinks the eventual dollar amount on QE2 could be $2 trillion when all is said and done. Chief economist Jan Hatzius said that the Fed could do a purchase of $500 billion over a span of 6 months, or do a $100 billion a month program. In a note to...
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U.S. Bank and Kroger Partner to Provide Rewards
Monday, October 25, 2010 - 11:30am | 176Read More...U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB) and The Kroger Co. (NYSE: KR) today announced that U.S. Bank will issue credit cards and reloadable prepaid debit cards with rewards. Customers who shop at Kroger's family of stores – including Ralphs, Fred Meyer, Fry's, King Soopers, Dillons, QFC...
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Buffett's Blue-Chip Bargains
Monday, October 25, 2010 - 11:07am | 386Read More...A recent Barron's article discussed that there is no arguing that Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has an extraordinary track record when it comes to investing. Over the past few years he has had large stakes in companies such as U.S. Bancorp (NYSE: USB), Kraft...
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Monday, October 25, 2010 - 8:33am | 304Read More...Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Advance Auto Parts Inc (AAP) AFLAC Incorporated (AFL) Banco de Chile ADR (BCH) BJ's Restaurants Inc (BJRI) CNB Financial Corp (CCNE) View the entire Zacks #1 Rank List. ADVANCE AUTO PT (AAP): Free Stock Analysis Report AFLAC...



