-
Get a 6% Yield from IBM
Tuesday, October 19, 2010 - 3:03am | 383Let's say you are an income investor who wants to diversify into technology. You like International Business Machines (IBM) but the stock only yields 1.8%. So what's an income investor to do? Look into CorTS, which are Corporate-Backed Trust Securities. These are basically investments backed by...
-
Collins Stewart Reiterates Buy Rating On Charles Schwab After Earnings (SCHW)
Monday, October 18, 2010 - 3:54pm | 116Analysts at Collins Stewart put out a company update on Charles Schwab (NYSE: SCHW) today reiterating their Buy rating and $21.00 price target. The broker reported earnings on Friday prior to the opening bell. The company reported Q3 EPS of $0.10 vs. consensus of $0.09. The analysts wrote, "We...
-
Schwab Beats Substantially - Analyst Blog
Monday, October 18, 2010 - 3:00pm | 567Charles Schwab Corporation's (SCHW) third quarter earnings came in at 18 cents per share, substantially ahead of the Zacks Consensus Estimate of 9 cents. This also compares favorably with the year-ago quarter's earnings of 17 cents. Earnings for the reported quarter exclude previously announced...
-
Encouraging Data on Sanofi MS Drug - Analyst Blog
Monday, October 18, 2010 - 3:00pm | 500French pharmaceutical company, Sanofi-Aventis (SNY) recently presented encouraging results on its multiple sclerosis (MS) candidate, teriflunomide. Results from a phase III randomized, double-blind, placebo-controlled study (TEMSO) showed that teriflunomide helped reduce annualized relapse rates...
-
CME Group Rising On Heavy Volume (CME)
Monday, October 18, 2010 - 11:33am | 177Shares of CME Group (NASDAQ: CME) are rising on heavier than usual volume during Monday's trading session. The stock has gained 3.62% and is currently trading at $277.19. More than 370,000 CME shares have already traded hands during the session. The stock has been pressured in 2010, falling more...
-
Top Performing Industries For October 18 (HAS, WBD, UVV, BGCP)
Monday, October 18, 2010 - 10:32am | 180At 10:16 am, the Dow gained 0.59% to 11,128.33, the broader Standard & Poor's 500 index moved up 0.47% to 1,181.70 and the NASDAQ composite index rose 0.35% to 2,477.34. The industries that are driving the market today are: Toys & Games: This industry jumped 3.06% by 10:16 am. The top stock...
-
Dr. John L. Faessel on the Market
Monday, October 18, 2010 - 10:03am | 2889USA on sale! NASDAQ adds a big chunk to its breakout The Market Vane BULLISH Sentiment (Market Letter Survey) registers 19-week highs. * (Concern) General ALL CLEAR from investor SENTIMENT and the McClellan continue. Strength in Hi-Yield Bonds Bullish For Stocks YET MORE UPSIDE......
-
BMR Publishes Weekly 25-page Earnings Preview Report Featuring SNDK, AAPL, GS, DECK
Monday, October 18, 2010 - 9:45am | 201The Bull Market Report (BMR) (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with earnings previews of several stocks, including SanDisk (NASDAQ: SNDK), Intuitive Surgical (NASDAQ: ISRG), Deckers Outdoor...
-
BMR Publishes Weekly 25-page Earnings Preview Report Featuring SNDK, AAPL, GS, DECK
Monday, October 18, 2010 - 9:45am | 201The Bull Market Report (BMR) (http://www.bullmarket.com), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with earnings previews of several stocks, including SanDisk (NASDAQ: SNDK), Intuitive Surgical (NASDAQ: ISRG), Deckers Outdoor...
-
Stock Market News for October 18, 2010 - Market News
Monday, October 18, 2010 - 9:36am | 1073With fresh worries about the lurking foreclosure crisis keeping sentiments jittery, investors saw a bright spot in Google's earnings and sent broader indices higher on a mixed day on Wall Street. In one single session, Google's market capitalization soared by $19 billion as the technology company's...
-
United Technologies Acquires Clipper Windpower For $222M
Monday, October 18, 2010 - 8:54am | 101Dow component United Technologies (NYSE: UTX) will acquire the rest of U.K.-based Clipper Windpower it doesn't own for $222 million in cash after the wind turbine maker slumping sales put it in a financial crunch. The wind-turbine producer said in September that it was considering ways to raise...
-
Inflation Unplugged
Friday, October 15, 2010 - 2:11pm | 1716By Phil at Phil's Stock World The dollar is making new lows. As I've been saying all week(s) that is the story that is driving the market. Still people interview me and ask me how high I think the markets can go which is kind of silly because, as I keep trying to explain, the...
-
Metals Slammed Across The Board (SLV, GLD, JJC, PALL, PLTM)
Friday, October 15, 2010 - 10:51am | 238The metals complex is getting hit hard this morning, despite Goldman Sachs (NYSE: GS) saying it sees a potential 30% return in precious metals over the next year. Copper is down 4 cents, or 1% to $3.80. Despite the weakness in the metal, Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is up 14...
-
The 5 Dumbest Things on Wall Street: Oct. 15
Friday, October 15, 2010 - 10:19am | 2295. Super-Size My Foreclosure! When U.S. mortgage lenders saw the housing market going down the tubes and a wave of foreclosures headed their way, they of course staffed up with the most highly qualified accountants and mortgage processors they could find. So qualified, in fact, they found an...
-
News Summary (RAI, GPC, SCHW)
Friday, October 15, 2010 - 9:47am | 179The Chairman and CEO of Reynolds American Inc (NYSE: RAI) Susan Ivey has planned to retire in 2011. The company has appointed Daniel Delen as the CEO-elect. The company has also named Thomas Wajnert as the non-executive chairman. Reynolds will be paying a 2-for-1 stock split to the shareholders, as...