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Credit Suisse (CS) Pays CEO Brady Dougan $17.9 Million In Compensation
Thursday, March 25, 2010 - 6:54am | 299The Wall Street Journal reports that Swiss banking group Credit Suisse (ADR) (NYSE: CS) said on Thursday that it paid its CEO Brady Dougan 19.2 million Swiss francs ($17.9 million) in compensation for 2009. The compensation was paid in cash and stock. This makes Dougan one of the highest paid...
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Top 5 Mid-Cap Stocks In The Asset Management Industry With The Highest Cash (PFG, LM, LAZ, IVZ, BX)
Thursday, March 25, 2010 - 6:54am | 256Below are the top mid-cap asset management stocks on the NYSE and the NASDAQ in terms of cash. Principal Financial Group Inc (NYSE: PFG) had $3.49 billion in total cash for the latest quarter. PFG had a total debt of $2.33 billion for the same period. Read more about this company here. Legg Mason...
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U.S. Equity Market Preview (CAT, CEPH, FSLR, ESLR, ENER)
Thursday, March 25, 2010 - 6:29am | 314Shares of the following companies may see some unusual movements in trading on Thursday, according to Bloomberg. Caterpillar Inc. (NYSE: CAT), the provider of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, was up 0.15% to $62.15 in after-hours trading...
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Treasury Will Use A Preset Plan To Sell Its Stake In Citigroup (C)
Thursday, March 25, 2010 - 3:26am | 302Bloomberg reports, citing people close to the matter, that the U.S. Treasury will sell its stake in banking giant Citigroup, Inc. (NYSE: C) using a preset plan, which will require it stick to a schedule to offload the shares of the bank. U.S. Treasury has a 27% stake in Citigroup. Stephen Myrow,...
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EUR/USD Falls on European Fiscal Concerns
Thursday, March 25, 2010 - 2:47am | 1552EUR/USD Falls on European Fiscal Concerns The Dollar rallied broadly, while the EUR fell to 10-month lows on Wednesday, as a ratings firm downgraded Portugal, adding to worries over debt sustainability and growth in some of euro zone's smaller countries. That supported some safe-haven flows into...
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EUR/USD Falls on European Fiscal Concerns
Thursday, March 25, 2010 - 2:47am | 1552EUR/USD Falls on European Fiscal Concerns The Dollar rallied broadly, while the EUR fell to 10-month lows on Wednesday, as a ratings firm downgraded Portugal, adding to worries over debt sustainability and growth in some of euro zone's smaller countries. That supported some safe-haven flows into...
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Cramer's Lightning Round Picks (MICC, SKS, TIF, JWN, RL, ST, ZMH, ABT, PM, BGCP, X, NUE)
Wednesday, March 24, 2010 - 9:55pm | 344CNBC Mad Money's Jim Cramer was pretty bullish while answering fans' questions in the Lightning Round. He said that he always liked Millicom International Cellular SA (USA) (NASDAQ: MICC) and that the caller should hold his long position. Cramer likes Saks Incorporated (NYSE: SKS). He thinks it is...
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Goldman Sachs Sued Over “Mommy Track” (GS)
Wednesday, March 24, 2010 - 8:00pm | 132A former Goldman Sachs (NYSE: GS) VP has sued the firm over alleged “Mommy Track”. Charlotte Hanna, an Ex-VP, said that she worked at Goldman Sachs (GS) University. She claimed that the company demoted her after her first maternity leave. She was fired a week before her return from a second...
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Fast Money Picks For March 25th (YHOO, LGF, MF, MOS)
Wednesday, March 24, 2010 - 7:58pm | 150CNBC Fast Money's Joe Terranova is thinking about buying Yahoo! (NASDAQ: YHOO) tomorrow, and Guy Adami is interested in Lions Gate Entertainment Corp. (USA) (NYSE: LGF). Yahoo! (YHOO) added 0.37% today, while Lions Gate (LGF) jumped 4.34%. Gary Kaminsky likes MF Global Holdings Ltd (NYSE: MF),...
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Citigroup Note On MF Global (MF)
Wednesday, March 24, 2010 - 12:49pm | 242Citigroup released a research note today updating the situation at MF Global (NYSE: MF). After the closing bell yesterday, the company announced that Jon Corzine will take over as Chairman and CEO. Corzine is the former co-Chairman of Golman Sachs (NYSE: GS) and was also a U.S. senator from 2001-...
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Company News for March 24, 2010 - Corporate Summary
Wednesday, March 24, 2010 - 9:45am | 228• General Mills (NYSE:GIS) posted better than expected earnings on inline revenues. Fiscal third quarter earnings of 97 cents beat Zacks estimates by 4 cents versus 79 cents a year earlier, on inline revenues of $3.63 billion. The company said it sees full-year earnings of $4.57 to $4.59 per share...
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Benzinga’s Top Pre-Market Gainers (AEZS, ADBE, MF, NVAX)
Wednesday, March 24, 2010 - 8:10am | 247AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) increased 7.23% to $0.890 in the pre-market session. AEterna Zentaris reported today a fourth quarter revenues of $40.2 million, as compared to $7.2 million for the same quarter last year. The 52-week trading range for AEZS is $0.75 - $3.25. In the last...
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Is E*TRADE Worth The Gamble?
Wednesday, March 24, 2010 - 1:43am | 247It’s been a busy week for E*TRADE (ETFC) Financial. E*TRADE’s shares rose 7% to $1.62 Tuesday on news of a debt upgrade by Standard & Poors. This is one day after shares were down big after the company introduced its new CEO and announced a 1 for 10 reverse stock split. E*TRADE’s shares have...
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Benzinga's After Hours Gainers (S, MF, ADBE)
Tuesday, March 23, 2010 - 8:06pm | 193Among the names moving higher in the after hours trading session are Sprint Nextel (NYSE: S), MF Global (NYSE: MF), and Adobe Systems (NASDAQ: ADBE). Shares of Sprint Nextel (S) have gained 5.74% to $4.05 after closing the regular trading session at $3.83. Adobe Systems (ADBE) reported better than...
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Examining the Perpetual Motion Machine
Tuesday, March 23, 2010 - 7:52pm | 1133Like some others, I am a bit surprised by the continuing strength in the market. Our emotionally driven caveman-era brains are still waiting for some other shoe to drop. On the other hand, I believe I do understand a portion of what is going on, based on my work with developing basic...