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Earnings Preview for Kimberly Clark (KMB)
Thursday, April 21, 2011 - 3:32pm | 274Kimberly Clark Corporation (NYSE: KMB) will report its Q1 results on Monday, April 25, before the markets open. Analysts are expecting earnings per share to stand at $1.17, $0.01 below market expectations a week ago. Revenue is estimated at $4.99 billion. Kimberly-Clark Corporation is a global...
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Positive Rumors About MILLEN IND ACQU Circulate (SMCG)
Tuesday, April 19, 2011 - 8:52am | 86Unconfirmed Positive rumors circulating at MILLEN IND ACQU (NASDAQ: SMCG). Twitter Chatter This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price...
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Bank Of America and Credit Suisse Sued Over LIBOR Practices - Bloomberg (BAC, CS)
Monday, April 18, 2011 - 11:11am | 32Bank Of America (NYSE: BAC), Credit Suisse (NYSE: CS) Sued Over LIBOR Practices, Reported By Bloomberg.
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Options Brief: Credit Suisse Group AG (CS)
Monday, April 18, 2011 - 10:09am | 100Shares of Credit Suisse Group AG (NYSE: CS) are lower on the session by 3.36%, trading at $42.33. Overall put volume is now running at 4.94x the daily average, with 61% of all puts traded being purchases on the offer. 1,303 contracts have traded on the session so far. Credit Suisse Group AG is a...
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Deutsche Bank Said To Reject $1.1 Billion Kirch Suit Settlement -Bloomberg (DB)
Monday, April 18, 2011 - 7:03am | 19Deutsche Bank (NYSE: DB) said to reject $1.1B Kirch suit settlement.
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Citi, Deutsche Bank, Morgan Stanley Cleared In Parmalat Case -Bloomberg (C, DB, MS)
Monday, April 18, 2011 - 6:39am | 39Citi (NYSE: C), Deutsche Bank (NYSE: DB), Morgan Stanley (NYSE: MS) cleared in Parmalat case.
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Investors Go HAM for Commodity Trader Glencore International Ahead of IPO
Sunday, April 17, 2011 - 5:30pm | 311Ahead of the initial public offering of Swiss-based commodity giant Glencore International, investors and equity research departments alike continue to find reason for the company's potentially high valuation. Glencore International is a commodities trader (metals and minerals, agricultural...
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Banks, Collusion, Investigations, Oh My! (C, BAC, UBS)
Thursday, April 14, 2011 - 3:25pm | 311Did some of the world's biggest banks collude to manipulate a key interest rate before and during the financial crisis? According to the Wall Street Journal, the answer might be yes. Banks in both Europe and the United States may have understated their own borrowing costs, which are used to...
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Benzinga's Political Roundup (DB, GS, C, WFC)
Thursday, April 14, 2011 - 11:06am | 150President Barack Obama announced yesterday that he would try to cut $4 trillion from the deficit over the next 12 years. A Senate panel said that Goldman Sachs (NYSE: GS) and Deutsche Bank (NYSE: DB) misled investors about CDO's based on the housing market. The 14 largest U.S. mortgage servicers...
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Benzinga's Top Downgrades (AN, TXT, DB, INTC)
Thursday, April 14, 2011 - 7:14am | 131AutoNation Inc (NYSE: AN) was downgraded by Goldman from "neutral" to "sell." AN's shares closed at $33.00 yesterday. AutoNation's trailing-twelve-month profit margin is 1.82%. Deutsche Bank downgraded Textron Inc (NYSE: TXT) from “buy” to “hold.” TXT's stock closed at $26.60 yesterday. Textron's...
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A Peek Into The Market Before The Trading Starts
Thursday, April 14, 2011 - 6:22am | 386Pre-open movers US stock futures are lower this morning, as investors are awaiting earnings reports along with data on jobless claims and producer-price inflation. Futures on the Dow Jones Industrial Average dipped 50 points to 12,149.00 and S&P 500 index futures fell 6.60 points to 1,302.10....
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Societe Generale Downgrades Credit Suisse To Sell
Thursday, April 14, 2011 - 5:39am | 42Analysts at Societe Generale downgrade Credit Suisse Group AG (NYSE: CS) from “hold” to “sell.” CS shares dropped 0.25% to $44.55 in pre-market trading. More Analyst Ratings here
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Societe Generale Downs Deutsche Bank To Hold
Thursday, April 14, 2011 - 5:33am | 41Analysts at Societe Generale downgrade Deutsche Bank AG (NYSE: DB) from “buy” to “hold.” DB shares gained 0.61% to close at $61.38 yesterday. More Analyst Ratings here
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Top Percentage Gainers And Losers As Of 8:45 a.m. 4/12/2011 (EXEL, GS, KITD, CYH, CBLI, LVLT, UBS, EXTR, AA, BBL, F, BP)
Tuesday, April 12, 2011 - 7:58am | 372Best 1) Excelixis (NASDAQ: EXEL): Trading up 11.67% to $12.34 after a report came out saying that the company is working Goldman Sachs (NYSE: GS) to prepare for takeover offers. The action is in response to a positive study regarding its experimental prostate-cancer drug. 2) Kit digital (NASDAQ:...
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Adobe's CS Update to Generate New Revenue Drivers (ADBE)
Monday, April 11, 2011 - 1:11pm | 226Morgan Stanley is out with a report today which discusses the implications of Adobe Systems' (NASDAQ: ADBE) recent Creative Suite (CS) software update, as well as its plans to start releasing CS updates on a more regular basis – every 24 months with mid-term releases in between. Analysts believe...