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The SPDR Gold ETF (NYSE:GLD) Is Cramer’s Preferred Way To Play Gold
Friday, August 20, 2010 - 3:26pm | 332“Cramer’s view of market direction through yearend is dictated by politics and the outcome of the November midterm elections in which he says Republicans need to regain control of Congress and(...)Read the rest of The SPDR Gold ETF (NYSE: GLD) Is Cramer’s Preferred Way To Play Gold Copyright 2010...
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The SPDR Gold ETF (NYSE:GLD) Is Cramer’s Preferred Way To Play Gold
Friday, August 20, 2010 - 3:26pm | 332“Cramer’s view of market direction through yearend is dictated by politics and the outcome of the November midterm elections in which he says Republicans need to regain control of Congress and(...)Read the rest of The SPDR Gold ETF (NYSE: GLD) Is Cramer’s Preferred Way To Play Gold Copyright 2010...
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Goldman Sachs Moving Higher Today (GS)
Friday, August 20, 2010 - 1:36pm | 134Shares of Goldman Sachs (NYSE: GS) are moving higher today despite the tough tape. GS has been a stock that many traders have been keying on in intra-day trading. The fact that Goldman (GS) is positive on a day when the broader indices are lower may foreshadow a late day rally. On the other hand,...
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McAfee Joining "Intel Inside" - Analyst Blog
Friday, August 20, 2010 - 9:37am | 2182Intel Corp. (INTC) announced yesterday that it would be acquiring McAfee Inc. (MFE), one of the largest makers of security software for $7.68 billion($6.8 billion net of cash acquired) in an all-cash transaction. The purchase price of $48 a share represents a 60% premium to McAfee's closing price...
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Company News for August 20, 2010 - Corporate Summary
Friday, August 20, 2010 - 9:37am | 933• JM Smucker (NYSE: SJM) reported better-than-expected fiscal first quarter earnings of $1.04 up from estimates of 96 cents, as revenues slightly missed projections at $1.05 billion off estimates of $1.07 billion • Goldman Sachs (NYSE: GS) raised Republic Services (NYSE: RSG) to "buy" from "neutral...
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BGC Partners Acquires Parts of Mint Partners (BGCP)
Thursday, August 19, 2010 - 4:24pm | 66BGC Partners, Inc. (NASDAQ: BGCP) today announced that it has completed the acquisition of various assets and businesses of Mint Partners and Mint Equities through BGC Brokers, L.P., with over 100 brokers from Mint's international business joining BGC. Mint will conduct business as usual and...
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Zacks Analyst Blog Highlights: Hewlett-Packard, International Business Machines, Cisco Systems, Morgan Stanley and Deutsche Bank AG - Press Releases
Thursday, August 19, 2010 - 2:34pm | 1500For Immediate Release Chicago, IL – August 19, 2010 – Zacks.com Analyst Blog features: Hewlett-Packard Co. (HPQ), International Business Machines (IBM), Cisco Systems Inc. (CSCO), Morgan Stanley (MS) and Deutsche Bank AG (DB ). Here are highlights from Wednesday’s Analyst Blog: HP to Acquire...
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Merrill Lynch Fined by FINRA - Analyst Blog
Thursday, August 19, 2010 - 2:13pm | 679On Wednesday, Merrill Lynch, a part of Bank of America Corporation (BAC), was charged $0.5 million by the Financial Industry Regulatory Authority (FINRA) for failing to provide sales charge discounts to its customers who had purchased unit investment trusts (UITs). Merrill Lynch will have to...
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Company News for August 19, 2010 - Corporate Summary
Thursday, August 19, 2010 - 1:34pm | 771• Sears Holdings (NASDAQ: SHLD) posted a second quarter loss of 19 cents per share, one cent above Zacks estimates, on revenues of $10.5 billion, below Zacks estimates of $10.6 billion • Staples (NASDAQ: SPLS) posted in-line second quarter earnings of 20 cents a share; however, revenues of $5.5...
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ETFs For Increased M&A Activity (MNA, SII, Q, HEW, KCE, MS, GS)
Thursday, August 19, 2010 - 1:11pm | 694As companies continue to put out good earnings reports and cash flow lending comes back to life, it appears that there is an improved market sentiment in the mergers and acquisitions spectrum. According to a report by mergermarket and Merrill DataSite, the first six months of 2010 has a relatively...
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Goldman Sachs Raises Estimates, Price Target On PetSmart (PETM)
Thursday, August 19, 2010 - 1:05pm | 187In a company update released by Golman Sachs (NYSE: GS) today, the firm's analysts said that they are raising estimates and their price target on PetSmart (NASDAQ: PETM) after the company's earnings release yesterday. PETM reported earnings per share of $0.41, which exceeded Goldman and the Street'...
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U.S. Banks Stock Update - August 2010 - Industry Outlook
Thursday, August 19, 2010 - 1:04pm | 2403Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the...
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Moody's Offers Unsecured Notes - Analyst Blog
Thursday, August 19, 2010 - 12:34pm | 883Moody's Corp. (MCO) announced that it has priced an underwritten public offering of $500 million aggregate principal amount of 5.50% senior unsecured notes due 2020. The offering is expected to close on August 19, 2010, subject to customary closing conditions. Moody's expects to use the net...
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A Feared Technical Pattern Forming On The Financial Stocks
Thursday, August 19, 2010 - 11:58am | 211As much as everyone would like to think that the markets will go higher, we can eat gum drops and candy canes and live happily ever after, it appears the charts are telling a different tale. Major leaders in the financial industry, namely Goldman Sachs Group, Inc. (NYSE: GS) and JPMorgan Chase...
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SWS Group, Inc. CEO Donald W. Hultgren Resigns (SWS)
Thursday, August 19, 2010 - 11:51am | 137Donald W. Hultgren resigned Wednesday as president, CEO and a member of the Board of Directors of SWS Group, Inc. (NYSE: SWS). James H. Ross, president and CEO of the company's principal brokerage subsidiary, Southwest Securities, Inc., was named to the Board of Directors and will serve as interim...