-
42 Short Setups with Stop-Losses
Wednesday, June 30, 2010 - 1:57pm | 276So if you thought last week's list was long, well this one is even longer, but not by much, but I will be posting them throughout the day today. So be on the lookout for them - three parts in all. I've highlighted each stock that is new to the list in yellow, while also removing a number of those...
-
Company News for June 30, 2010 - Corporate Summary
Wednesday, June 30, 2010 - 10:37am | 392• General Mills (NYSE: GIS) raised its dividend before reporting inline fiscal fourth-quarter earnings of 41 cents a share, but its guidance for fiscal 2011 came in below Street expectations. Revenues of $3.57 billion were in-line with Zacks projections of $3.57 billion, but were off 2.1% from a...
-
Analyst Recommends JPMorgan, Morgan Stanley (JPM, MS, GS, PNC,USB, BAC)
Tuesday, June 29, 2010 - 12:06pm | 145Lawmakers have agreed upon a deal on financial reform. In an interview with CNBC, Paul Miller, group head of financial services at FBR Capital, discussed its implications on the market. He said that currently stocks like Morgan Stanley (NYSE: MS), JPMorgan (NYSE: JPM) and Goldman Sachs (NYSE: GS)...
-
Company News for June 29, 2010 - Corporate Summary
Tuesday, June 29, 2010 - 9:37am | 223• Emerson Electric (NYSE:EMR) raised its bid for Chloride to $1.5 billion in an attempt to stave off a recommended $1.25 billion offer from Switzerland's ABB • A WSJ report says Abbott Labs (NYSE:ABT) is planning to sell its vaccine business in a deal that could result in $614 million • Tesla...
-
Betting On Higher Interest Rates Using The Online Brokers (AMTD, SCHW)
Monday, June 28, 2010 - 2:18pm | 353Investors who have been betting on higher interest rates in the United States have been burned badly in 2010. Treasury prices have risen and yields have fallen precipitously. The iShares Lehman 20+ Year Treasury Bond ETF (NYSE: TLT) has gained nearly 11% year-to-date. The current yield on the 10-...
-
Goldman Sachs (GS) Has A Neutral Rating On Emulex (ELX)
Monday, June 28, 2010 - 1:52pm | 223Goldman Sachs (NYSE: GS) analysts had several investors meetings with Emulex (NYSE: ELX) last week, and they concluded that Emulex (ELX) is well positioned for the second half of 2010. The company is trying to expand in the 10Gb Ethernet and converged network adapter segments, and it is estimating...
-
Afternoon Market Update (AAPL, AFL, MS, UAUA, CAL, DAL)
Monday, June 28, 2010 - 1:13pm | 224In the initial three days of the launch of its new iPhone, Apple Inc (NASDAQ: AAPL) has sold 1.7 billion new iPhone 4 units. There are reports of shortages of the device in the market. Shares of AAPL have gained more than 7% since the company unveiled the device in San Francisco. CEO Steve Jobs...
-
Bucyrus Falling On Heavier Than Average Volume (BUCY)
Monday, June 28, 2010 - 12:58pm | 147Shares of Bucyrus International (NASDAQ: BUCY) have fallen 2.88% today to $51.66. Volume has been heavier than average, with over 2.2 million shares trading hands, with more than three hours left in the market day. Morgan Stanley (NYSE: MS) lowered estimates and their price target for the stock...
-
Jefferies Constructive On Aerospace In Near Term, More Cautious On Long Term Prospects (BA, LMT)
Monday, June 28, 2010 - 12:28pm | 128In a sector report released today by Jefferies (NYSE: JEF), the firm said that they are constructive on the near term outlook for the aerospace industry, but more cautious on a longer term basis. The analysts wrote that "We believe aerospace stocks are likely to benefit from the ongoing recovery...
-
Calls Purchased on OptionsXpress (OXPS)
Monday, June 28, 2010 - 12:13pm | 128Shares of OptionsXpress (NASDAQ: OXPS) are higher on the session by 0.92%, currently trading at $16.47. The stock has been drifting lower over the past two months, but has managed to regain the 50-day and 200-day moving averages in today’s trade. Options traders are bidding up calls today. The...
-
Jefferies Says That They Are Cautious On Akamai, Reiterating Hold Rating (AKAM)
Monday, June 28, 2010 - 11:25am | 173Jefferies' (NYSE: JEF) analysts said that they are taking up 2011 estimates for Akamai (NASDAQ: AKAM) and raising their price target to $40, but remain cautious on the shares. The firm is now modeling 2011 revenue of $1.13 billion and EPS of $1.59 compared to $1.08 billion and $1.49 previously....
-
Stock Market News for June 28, 2010 - Market News
Monday, June 28, 2010 - 10:20am | 453Banking stocks rallied Friday as the Congress reached an agreement on the contentious financial reform regulation, but the gains were not enough to push the broader markets higher. A downwardly revised first-quarter economic growth added to investors’ jitters and capped a week that saw China...
-
Company News for June 28, 2010 - Corporate Summary
Monday, June 28, 2010 - 10:20am | 194• Noble (NYSE: NE) announced that it agreed to acquire privately-held FDR Holdings LTD for $2.16 billion in cash • Valspar (NYSE: VAL) agreed to purchase Australian paint manufacturer Mattyl for about $124 million • Kellogg (NYSE: K) announced a recall of four cereal brands over taste and smell...
-
West Virginia Senator Robert C. Byrd Dies At Age 92 (GS, C, JPM, MS)
Monday, June 28, 2010 - 10:15am | 258Robert C. Byrd, United States senator from West Virginia, died at 3 a.m. this morning at the age of 92. His health had been declining for several years. The senator's death comes just as the Democratic leadership in the Senate are trying to finalize their overhaul of the financial regulatory system...
-
Goldman Sachs (GS) Sees Shares Rally
Saturday, June 26, 2010 - 4:52pm | 164Goldman Sachs (GS) shares rallied over 3.4% to end the day at $139.66. Shares traded up in the after hours market to cross over the $140 level. Bank stocks rallied on news of a financial reform bill. The financial reform bill is not nearly as tough on investment banks as previously anticipated....