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Company News for March 9, 2010 - Corporate Summary
Tuesday, March 9, 2010 - 10:20am | 219• H&R Block (NYSE:HRB) reported fiscal third quarter results after the close. The company reported earnings of 16 cents, versus 20 cents a year ago, and ahead of Zacks estimates of 14 cents, on revenues of $935 million, slightly below Zacks estimates of $938 million • A FT report says Marsh...
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Benzinga’s Volume Movers (SWWC, IBKC, CISG, LINC, HSNI)
Wednesday, March 3, 2010 - 3:49pm | 256Southwest Water Company (NASDAQ: SWWC) shares gained 47.81% to $10.45. The volume of SWWC shares traded was 17,360% higher than normal. SWWC is being acquired by institutional investors for $11 per share. Read more about this company here. IberiaBank Corp (NASDAQ: IBKC) shares rose 0.86% to $58.40...
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Benzinga’s Top Upgrades (SXL, DDR, MXWL, PWE, BRO)
Friday, February 19, 2010 - 11:25am | 273Sunoco Logistics Partners LP (NYSE: SXL) was upgraded by RBC Capital Markets from “sector perform” to “out perform.” SXL’s shares slipped 1.93% to $23.09 at 10:22 am. SXL has a 52-week trading range of $43.15-$71.17. SXL’s shares have gained 0.46% year to date. Read more about this company here....
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Brown & Brown & Georgia Gulf Corporation Upgraded Today
Friday, February 19, 2010 - 9:44am | 109Brown & Brown, Inc. (NYSE: BRO) was upgraded today by Stifel Nicolaus from Sell to Hold. Brown & Brown is now trading at $16.57, 0.42% up in the pre-market session. Brown & Brown closed at $16.50 in the previous trading session. In the last year, BRO has declined over 11%. Georgia Gulf...
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CNinsure Initiated With Buy
Thursday, February 11, 2010 - 10:08am | 50Analysts at BofA/Merrill initiate coverage of CNinsure Inc (NASDAQ: CISG) with a "buy" rating. The target price for CISG is set to $27.05. CISG’s shares closed at $17.86 yesterday. Read more about the market
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Stifel Nicolaus Reiterates Buy on MMC
Wednesday, February 10, 2010 - 5:07pm | 114Analysts at Stifel Nicolaus reiterated their “buy” rating on Marsh and McLennan (NYSE: MMC). The analysts have put a target price of $32 for MMC. MMC reported earnings of $0.38, which was ahead of the consensus estimate of $0.37, but below the estimates of Stifel Nicolaus. When the earning results...
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Janney Capital Has Buy Rating On Marsh & McLennan (MMC)
Wednesday, February 10, 2010 - 12:10pm | 125Janney Capital Markets released a report today outlining their initial thoughts on Marsh & McLennan's (NYSE: MMC) fourth quarter results. The company missed Janney's earnings estimates by 2 cents per share on an adjusted basis. The analyst has an EPS estimate for 2010 of $1.85. According to...
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The January Employment Situation: Four Pictures
Friday, February 5, 2010 - 2:52pm | 32Downward revision in the level of nonfarm payroll (NFP) employment; stabilization in employment measures (establishment, household, research series); aggregate weekly hours trend up.
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Reviewing Recent Sales
Friday, January 15, 2010 - 4:10pm | 1660Thought it would be helpful to review positions we have exited over the past 3-4 weeks to see how they have done since we left. Almost all of these (perhaps all) were sold due stocks that had broken support, and I believed better near term money making opportunities could be found somewhere else...
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GBP/USD Ready to Go Higher But Depends on How USD Trades The GBP...
Friday, January 8, 2010 - 5:09am | 586GBP/USD Ready to Go Higher But Depends on How USD Trades The GBP is poised to rally and it has little to do with fundamentals. Fundamentally, the GBP is one of the worst-off currencies of the majors. There is still no economic growth from the UK, the BoE maintains its ultra-easy monetary policy,...
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Bookkeeping: Closing CNInsure (CISG) for Now
Monday, December 28, 2009 - 4:22pm | 458Much like E-House Holdings (EJ), CNInsure (CISG) is a stock that appears to have all the right fundamentals, but speculators are too busy chasing the latest solar stock to care. The stock has been been range bound for months on end. Eventually I expect it to break out, but for now I am going to...
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Benzinga’s Top Downgrades (HNT, SAFM, BNI, CIG, MIPI, BRO, FFIV)
Friday, December 11, 2009 - 10:36am | 365Health Net, Inc. (NYSE: HNT)(FREE stock trend analysis) has declined 0.61% to $23.61 in the morning trading hours after Credit Suisse reiterated Health Net to Neutral and price target set to $25 from $20. The 52-week trading range for HNT is $9.87 - $23.79. Sanderson Farms, Inc. (NASDAQ: SAFM)(...
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Long-Term Opportunities For eHealth (EHTH)
Thursday, December 10, 2009 - 1:52pm | 175Stifel Nicolaus has maintained the Hold rating on eHealth (NASDAQ: EHTH)(FREE stock trend analysis) post the analyst day presentations and strategy outline. While long-term prospects are compelling, slowing y-o-y customer acquisitions, slow conversions and uncertainty over healthcare reform are...
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Pressure Persists In Insurance, (AJG, BRO, WSH)
Wednesday, December 9, 2009 - 1:55pm | 79Insurance brokers Arthur Gallagher (NYSE: AJG), Brown & Brown (NYSE: BRO) and Willis Group (NYSE: WSH) remained negative on growth and margin prospects. The revenue growth and margins are still under pressure from declining prices. JPMorgan (NYSE: JPM) reiterated the guidance for 4Q but...
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ACE Offers Better Value Than MMC
Monday, December 7, 2009 - 11:52am | 157Analysts at Goldman Sachs upgrade ACE Limited (NYSE: ACE) from “neutral” to “buy.” The 12-month target price for ACE is set to $61. The upgrade in the rating is based on the recent weakness in ACE’s share price, the analysts say. According to Goldman Sachs, ACE’s share price was adversely affected...