-
A Peek Into The Market Before The Trading Starts
Wednesday, September 22, 2010 - 8:52am | 469Pre-open movers US stock futures are signaling a lower start on Wall Street today, as investors find a safe haven in gold, after the Federal Reserve's warning of a slow economic recovery. Futures on the Dow Jones Industrial Average fell 37 points to 10,657 and S&P 500 futures dropped 0.70...
-
Bulls Take Fed Day Breather
Wednesday, September 22, 2010 - 8:24am | 167Wall Street reached the closing bell in a standoff on Tuesday as the Fed signaling it still has enough ammo left to fight off a double-dip recession was enough to nudge the Dow to a fresh four-month high, but the S&P 500 lagged behind amid sinking bank stocks. Yesterday's Markets The Dow Jones...
-
10 Stocks to Consider Before Holiday Hype
Wednesday, September 22, 2010 - 8:09am | 404BOSTON (TheStreet) -- With the holidays right around the corner, investors can get a jump on the hottest consumer stocks now. The following 10 companies sell trendy products. Their stocks receive top rankings from analysts, who are predicting big gains in the next 12 months. They're ordered by...
-
Fast Money Picks For September 22nd (MS, JOYG, TAL, RSH)
Tuesday, September 21, 2010 - 7:31pm | 168CNBC Fast Money's Joe Terranova said on the show that he sold a part of his position in RadioShack Corporation (NYSE: RSH) today, and his followers should do the same tomorrow. RadioShack Corporation (RSH) fell 0.14% today, and closed at $20.82. Guy Adami thinks that Joy Global Inc. (NASDAQ: JOYG)...
-
The Financial Sector Is A Waste
Tuesday, September 21, 2010 - 3:29pm | 529The financial sector is worthless, in the long run. In fact, over the past decade, if you had a certificate of deposit for the past 10 years, you most likely would've beaten holding Goldman Sachs (NYSE: GS) over the same time frame. CD's returned 3.17% on average, while Goldman returned 2.78% on...
-
Afternoon Market Update (HRB, GS, ETFC, HCN, CAG)
Tuesday, September 21, 2010 - 1:22pm | 190H&R Block Inc (NYSE: HRB) has appointed Jeff Brown as the company's Chief Financial Officer (CFO). Brown has been the interim CFO of the company for the last 5 months. Shares of H&R Block lost about 1.4%. US Financial stocks moved down, as investors awaited the decision on the monetary...
-
Stock Market Steals Some Thunder From The Gold ETF (NYSE:GLD)
Tuesday, September 21, 2010 - 11:40am | 288The SPDR Gold ETF (NYSE: GLD) was only marginally higher yesterday while the stock market had a very strong day. The (NYSE: GLD) ETF finished with a daily reversal hammer and the volume(...)Read the rest of Stock Market Steals Some Thunder From The Gold ETF (NYSE: GLD) Copyright 2010 ETFDAILYNEWS....
-
Oppenheimer Third Quarter Preview And Industry Updates
Tuesday, September 21, 2010 - 9:28am | 124Oppenheimer believes that the turn in credit quality is firmly in place and expect to see the first signs that loan growth will follow. Oppenheimer takes down its 3Q10 EPS estimates by about 23% on average. However, Oppenheimer continues to recommend: Bank of America(NYSE: BAC) Citigroup (NYSE:...
-
OMX Commodities and GFI Group Inc. Announce Agreement to Electronically Clear Physical U.S. Power and Natural Gas Transactions
Tuesday, September 21, 2010 - 8:23am | 118OMX Group, Inc. (Nasdaq: NDAQ) and GFI Group Inc. (Nasdaq: GFIG) today announced a strategic agreement to offer electronic trading and clearing of continental U.S. power and natural gas. The agreement broadens the clearing options for energy traders in the U.S and expands NASDAQ OMX Commodities'...
-
Why you should be concerned about oil prices
Tuesday, September 21, 2010 - 8:05am | 1266I'm not worried about gasoline prices The price of everything is going to skyrocket How to buy agriculture with one investment I've talked at length about the direct connection between oil and oil prices and just about every good, service and commodity...
-
Capital IQ Acquires TheMarkets.com For $300M
Tuesday, September 21, 2010 - 1:47am | 226Capital IQ, a provider of market analytics to investment banks and private equity firms, will pay $300 million to acquire rival TheMarkets.com. TheMarkets.com, founded in 2000, is a joint venture of several Wall Street banks including Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) as a way...
-
Company News for September 20, 2010 - Corporate Summary
Monday, September 20, 2010 - 7:48pm | 865• Safran agreed to acquire L-1 Identity (NYSE: ID) for $1.6 billion cash, or $12 per share • General Growth Properties (NYSE: GGP) paid $230 million to Howard Hughes heirs to settle a dispute • Goldman Sachs (NYSE: GS) upgraded Freeport-McMoRan (NYSE: FCX) to "buy" from "neutral," taking the price...
-
Stock Market News for September 20, 2010 - Market News
Monday, September 20, 2010 - 9:30am | 784Stocks failed to make much headway on the final day of the week and closed with slight gains as strong quarterly numbers from a pair of technology names failed to nudge investors out of their summer slumber. A disappointing consumer sentiment report also tempered investors' enthusiasm. Late...
-
Benzinga's Top Pre-Market NASDAQ Gainers (ASMI, AMTD, AMLN, AIXG)
Monday, September 20, 2010 - 9:16am | 128ASM International NV (NASDAQ: ASMI) rose 6.43% to $24.33 in the pre-market session. ASMI's quarterly earnings surged 156.49% y/y. TD AMERITRADE Holding Corporation (NASDAQ: AMTD) added 3.69% to $16.30 in the pre-market session. AMTD's magazine Enlightened Investor has won the 22nd Annual APEX Award...
-
Analysis: Private Banks Battling for Advisers to Super-Rich
Monday, September 20, 2010 - 8:32am | 202Recruiting wars in the genteel world of private banking are heating up, with bankers to the super-rich increasingly looking to retail brokerages and wealth management boutiques for new blood. A year after thousands of retail brokers left the largest brokerages to join rivals and independents, the...