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Goldman Sachs: Buy BBY September $34 Straddles
Wednesday, September 8, 2010 - 10:59am | 162In a recent report, Goldman Sachs (NYSE: GS) recommends buying Best Buy (NYSE: BBY) September $34 straddles to hedge downside and accentuate upside through the September 14 earnings. Options are showing to be inexpensive ahead of possibly an unusually volatile earnings report for BBY. A Goldman...
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Unconfirmed rumor that Mass Mutual (Private) may be interested in Jefferies Group Inc. (JEF) at $36.00 a share
Wednesday, September 8, 2010 - 10:21am | 38Unconfirmed rumor that Mass Mutual (Private) may be interested in Jefferies Group Inc. (JEF) at $36.00 a share..(JEF) could not be reached for comment.
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Piper Jaffray Discontinues Coverage on Investment Tech Group (ITG)
Wednesday, September 8, 2010 - 9:50am | 121Piper Jaffray is out with a research report this morning, where it discontinues coverage on Investment Tech Group (NYSE: ITG); it recently had an Underweight rating and $15.00 price target on the stock. The analysts said, “We are discontinuing coverage of Investment Technology Group due to a...
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Company News for September 8, 2010 - Corporate Summary
Wednesday, September 8, 2010 - 9:39am | 780• Bristol-Meyers (NYSE: BMY) said it agreed to acquire ZymoGenetics (NASDAQ: ZGEN) for $9.75 per share, in a deal valued at 885 million • A Bloomberg report said Vodafone (NASDAQ: VOD) will sell its stake in China Mobile (NYSE: CHL) for $6.6 billion • Smithfield Foods (NYSE: SFD) posted inline...
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Foster Wheeler Awarded PMC Contract (FWLT)
Wednesday, September 8, 2010 - 8:23am | 114Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a contract by Gulf Farabi Petrochemical Company for the provision of project management consultancy (PMC) services for Gulf Farabi’s Linear Alkyl Benzene (LAB) plant expansion at Al-...
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Zacks Analyst Blog Highlights: Goldman Sachs, Citigroup, Bank of America, JPMorgan Chase and Morgan Stanley - Press Releases
Wednesday, September 8, 2010 - 7:33am | 1292For Immediate Release Chicago, IL – September 8, 2010 – Zacks.com Analyst Blog features: Goldman Sachs & Co. (GS), Citigroup Inc. (C), Bank of America Corporation (BAC), JPMorgan Chase & Co. (JPM) and Morgan Stanley (MS ). Get the most recent insight from Zacks Equity Research with the free...
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Deutsche Bank Has $18 Target On TD Ameritrade (AMTD)
Wednesday, September 8, 2010 - 7:15am | 47Deutsche Bank has a $18 price target on shares of TD Ameritrade Holding Corp. (NASDAQ: AMTD). It also rates shares of the online brokerage at Hold. Shares of TD Ameritrade lost 18 cents yesterday, to close at $15.25, for a loss of 1.17%.
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Scott Nations Is Bearish On Morgan Stanley (MS)
Tuesday, September 7, 2010 - 7:19pm | 111Scott Nations said on CNBC's Fast Money that he is worried that banks might post disappointing earnings results, and he wants to protect his portfolio against that. He wants to use an options strategy to protect from the possible downside in Morgan Stanley (NYSE: MS), and his strategy is a...
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Goldman to End Proprietary Trading - Analyst Blog
Tuesday, September 7, 2010 - 4:36pm | 539Goldman Sachs & Co. (GS) has decided to close down its principal strategies desk, a unit that is in proprietary trading, according to a report by Bloomberg News. The decision to spin off the proprietary trading businesses followed the regulatory reform bill that became law in July 2010. The...
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Pegging A Pull Back: Profit In Any Market
Tuesday, September 7, 2010 - 2:31pm | 360After a monstrous three day surge higher late last week, the markets are pulling back today. How does one realize the markets are due for a pullback? How does a swing trader position themselves to profit from it? Simply put, use the technical levels of leading stocks to confirm the oversold market...
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Morgan Stanley Cuts 10-Year Notes Yield
Tuesday, September 7, 2010 - 1:50pm | 179Morgan Stanley (NYSE: MS) on Tuesday reduced its yield call yet again for the 10-year note by the end of the year. The move was a result of the surge in the bond market. The company said the 10-year note yield would likely be 3% by the end of the year, as compared to the 3.5% projected in August....
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Company News for September 7, 2010 - Corporate Summary
Tuesday, September 7, 2010 - 9:33am | 833• Air Products & Chemicals (NYSE: APD) raised its offer for Airgas (NYSE: ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ: ORCL) announced the appointment of former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd as co-President • Goldman Sachs (NYSE: GS) added Oracle...
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Cramer Gives Tips on Un-learning Conventional Wisdom
Tuesday, September 7, 2010 - 8:10am | 341On CNBC’s Mad Money, Jim Cramer told viewers that to be a good investor, sometimes it was necessary to “un-learn conventional wisdom.” He advised investors to be in touch with short-term market fluctuations with the aim of spotting opportunities to buy good stocks at low prices as well as to sell...
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10 Top-Ranked Stocks with Big Upside
Tuesday, September 7, 2010 - 7:00am | 375BOSTON (TheStreet) -- The S&P 500 Index has rallied 5% in September as improving economic data reassured investors. The long fixed-income, short-stocks trade appears to be unwinding. Individual investors that need equity exposure should consider the following 10 stocks; they get the highest...
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Benzinga's Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)
Friday, September 3, 2010 - 5:05pm | 263Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) led the decliners among the ETFs today, as the financial stocks continued to move higher. Goldman Sachs Group, Inc. (NYSE: GS) had a great trading session, with an increase of 5.37%. FAZ fell 5.93%, and closed at $13.64. Direxion Daily Tech...