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Dr. J Is Bullish On Goldman (GS)
Friday, October 1, 2010 - 2:47pm | 91CNBC's Jon Najarian is bullish on investment banking giant Goldman Sachs (GS). Dr. J has noted the recent downgrades for Goldman from several prominent investment firms. Najarian believes that the stock is a must own because of the high trading volumes. Goldman is a decent play at its current...
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What's Hot On TheStreet
Friday, October 1, 2010 - 12:37pm | 302Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet BP, Street Titans 'Win' Ig Nobel Awards Executives of Goldman Sachs (NYSE: GS), BP (NYSE: BP), the former financial powerhouse Lehman Brothers, Merril Lynch (NYSE: BAC), Magnetar Capital, and AIG (NYSE: AIG) were...
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China Ming Yang Wind Power Announces IPO Pricing
Friday, October 1, 2010 - 8:23am | 112China Ming Yang Wind Power Group Ltd (NYSE: MY) has announced the pricing of its initial public offering today. The company has priced its IPO at $14 per American Depositary Share (ADS). The IPO has been priced at the bottom of its estimated range of $14-$16 per share. MY offered 25 million shares...
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Top 4 Stocks In The Investment Brokerage–Regional Industry With The Highest Dividend Yield (AI, SWS, GFIG, GHL)
Thursday, September 30, 2010 - 6:01am | 122Below are the top investment brokerage–regional stocks on the NYSE and the NASDAQ in terms of dividend yield. Arlington Asset Investment Corp (NYSE: AI) has a dividend yield of 10.20%. AI's shares closed at $23.01 yesterday. SWS Group Inc (NYSE: SWS) has a dividend yield of 5.00%. SWS' shares...
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Goldman Sells Part Of ICBC Stake
Thursday, September 30, 2010 - 12:37am | 166Goldman Sachs (NYSE: GS) has sold part of its stake in Industrial & Commercial Bank of China (ICBC), the world's largest lender by assets, for $2.25 billion. The news sent ICBC's Hong Kong-listed shares to a four-month low. Goldman sold 3.04 billion shares, more than the originally planned 2.75...
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Goldman CEO: Clearinghouses May Increase Risks
Wednesday, September 29, 2010 - 3:50pm | 142Bloomberg is reporting that Goldman Sachs (NYSE: GS) CEO, Lloyd Blankfein, believes using clearinghouses increase risks in an “extreme” crisis. “I agree that clearinghouses make things less risky for the regular crisis, but in an extreme crisis that could affect the clearinghouse itself” and it's “...
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The Stock That Everyone Has Forgotten About
Wednesday, September 29, 2010 - 2:49pm | 109Do you remember Goldman Sachs (GS)? The financial firm that was caught in the government's crosshairs for months. The firm that people picketed against and regulators argued should be broken up. Well that Goldman Sachs is back in business and is making money for its shareholders. At just $144 a...
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Financial Sector Job Cuts Keep Mounting (BAC)
Wednesday, September 29, 2010 - 2:26pm | 123Bank of America (NYSE: BAC) is the latest firm to announce cuts to its proprietary trading unit, shedding some 20-30 jobs, as it looks to comply with the Volcker Rule. According to Bloomberg News, Bank of America is cutting the jobs in New York and outside the U.S., and represent less than one...
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10 Dirt-Cheap Stocks With Analysts' Approval
Wednesday, September 29, 2010 - 1:35pm | 165(TheStreet) -- Here are 10 stocks that investors have left for dead. Yet, analysts give them positive reviews, in part, because they're so cheap. Some are predicted to double or triple in the next 12 months. They're ordered by forward earnings multiple, from cheap to cheapest. 10. Ashford...
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GS Anticipates $2.05 Billion From Stake Sale
Wednesday, September 29, 2010 - 1:15pm | 98Goldman Sachs Group Inc (NYSE: GS) plans to sell a percentage of its stake in Industrial & Commercial Bank of China Ltd. GS has hopes of raising up to $2.05 billion from the sale. A person familiar with the matter said that GS would be selling 2.75 billion shares in the HK$5.70-HK$5.79 per...
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Cornerstone OnDemand To Raise $115 Million Through IPO
Wednesday, September 29, 2010 - 12:34pm | 89Cornerstone OnDemand Inc has filed an initial public offering (IPO) to make close to $115 million. Cornerstone is a California-based company that deals in learning and talent management software and services. The firm has not proposed either a trading symbol or an exchange for its stock. Goldman...
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Stifel Financial (SF) Keeps Outperform Rating
Wednesday, September 29, 2010 - 11:19am | 106Stifel Financial Corporation Co (NYSE: SF) keep their Outperform rating despite a challenging 3Q10 due to weak market volumes. In a research report Keefe, Bruyette & Woods writes "Last week we spent two days in client meetings with SF's CEO Ron Kruszewski. Overall, the meetings were very...
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10 Dirt-Cheap Stocks With Analysts' Approval
Wednesday, September 29, 2010 - 9:32am | 344BOSTON (TheStreet) -- Here are 10 stocks that investors have left for dead. Yet, analysts give them positive reviews, in part, because they're so cheap. Some are predicted to double or triple in the next 12 months. They're ordered by forward earnings multiple, from cheap to cheapest. 10. Ashford...
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Benzinga's Top Upgrades (ENDP, CPE, CHKP, RJF)
Wednesday, September 29, 2010 - 7:41am | 146Endo Pharmaceuticals (NASDAQ: ENDP) was upgraded by Oppenheimer from “perform” to "outperform." ENDP's shares closed at $33.10 yesterday. Endo's quarterly earnings surged 72.38% y/y. Jefferies upgraded Callon Petroleum Company (NYSE: CPE) from "underperform" to "hold." CPE's shares closed at $3.88...
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Goldman Lowers Estimates For MS
Wednesday, September 29, 2010 - 7:30am | 104Goldman Sachs has published a research report for Morgan Stanley & Co. (NYSE: MS) with a company update. In the report, Goldman writes "We lower our 3Q10 EPS estimate for Morgan Stanley to $0.15 from $0.60, and our 2010-12 estimates to $2.60/3.00/3.30 from $3.10/3.30/3.70. The largest...