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RPM International, Inc. (RPM) Continues To See Improving Consumer Trends
Wednesday, February 10, 2010 - 12:53pm | 151Analysts at Oppenheimer (NYSE: OPY) have released an update on RPM International, Inc. (NYSE: RPM). Oppenheimer recently met with the management of RPM International. RPM International has seen a continued improvement in demand for products in the consumer segment as the housing market has...
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Company News for February 10, 2010 - Corporate Summary
Wednesday, February 10, 2010 - 10:25am | 256• Bank of America (NYSE:BAC) upgraded Dell (NASDAQ:DELL) to "buy" from "neutral," with the price target raised to $18 from $16.50 • Adobe (NASDAQ:ADBE) was upgraded by analysts at Credit Suisse (NYSE:CS) from "neutral" to "outperform," with the price target raised to $39.50 from $35 • Peabody...
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Stock Market News for February 10, 2010 - Market News
Wednesday, February 10, 2010 - 10:23am | 560U.S. stocks rose, with the Dow Jones Industrial Average jumping back above 10,000, as hopes grew that a solution to rescue Greece from its gaping debt woes would be found soon. The blue-chip Dow average, which closed below the 10,000-mark for the first time in three months yesterday, rose as much...
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Biogen Beats & Guides Higher - Analyst Blog
Tuesday, February 9, 2010 - 6:01pm | 719Biogen Idec Inc. (BIIB) reported fourth quarter earnings per share of $1.18, beating the Zacks Consensus Estimate of $1.05. The company reported earnings of 91 cents in the year-ago period. Performance was driven by higher revenues and lower expenses. Revenues increased 5% to $1.1 billion, with...
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Caterpillar Inc. (CAT) Soars On Upgrade By Morgan Stanley (MS)
Tuesday, February 9, 2010 - 1:45pm | 114Caterpillar Inc. (NYSE: CAT), the largest producer of bulldozers across the world, climbed by 6.4% by mid-day trading on Tuesday, after the stock was upgraded to “overweight” from “underweight” by Morgan Stanley (NYSE: MS). Morgan Stanley (MS) has raised its target price for Caterpillar Inc. (CAT)...
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Morgan Stanley Calls Purchased
Tuesday, February 9, 2010 - 11:08am | 96Morgan Stanley (NYSE: MS) is seeing call buying today with the Feb $27 strike bought 3,000 times on the offer. The stock has fallen off of a cliff during the past month and is currently hovering on a support level. Were the stock to hold here, which looks promising, you could see a sharp spike to $...
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Goldman Sachs (GS) upgrades EXCO Resources Inc. (NYSE: XCO)
Tuesday, February 9, 2010 - 10:28am | 94Goldman Sachs (NYSE: GS) upgraded the shares of oil and natural gas exploration firm EXCO Resources Inc. (NYSE: XCO) from Neutral and put them on its on Americas Buy list. Goldman Sachs analysts said that the stock's recent decline provides, "another good entry point for shares of a company with...
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Caterpillar Inc. (CAT) Upgraded By Morgan Stanley
Tuesday, February 9, 2010 - 10:19am | 92Morgan Stanley (NYSE: MS) upgraded its rating of Caterpillar Inc. (NYSE: CAT) from Underweight to Overweight and raised Caterpillar 's price target from $51 to $70. "We are now more bullish than consensus on both the pace of cyclical acceleration and on CAT's ability to deliver on its structural...
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Stock Market News for February 9, 2010 - Market News
Tuesday, February 9, 2010 - 10:15am | 473Stocks took another plunge Monday with the Dow average closing below 10,000 for the first time in three months as lingering worries about European government finances and a potential regulation spooked investors. In a sign that sentiments remain jittery, some better-than-expected profit reports...
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Top 5 Mid-Cap NASDAQ Stocks with Highest Gross Margins (AMTD, RMBS, CTXS, ADSK, CHKP)
Tuesday, February 9, 2010 - 8:17am | 164Below are the top 5 mid-cap stocks on the NASDAQ in terms of highest gross margins The trailing-twelve-month gross margins of TD AMERITRADE Holding Corporation (NASDAQ: AMTD) are 96.77%. Keefe Bruyette upgraded AMTD from “market perform” to “outperform.” The trailing-twelve-month gross margins of...
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ETFC Announces Price Trimming
Monday, February 8, 2010 - 3:35pm | 114Analysts at BMO Capital Markets maintain their "market perform" rating on E*Trade Financial (NASDAQ: ETFC). E*trade Financial has announced that it is eliminating its $12.99 commission rate, leaving all customers to pay at most, $9.99. Customers who make more than 150 trades/quarter will still pay...
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CIT Group Names John Thain New CEO (CIT)
Monday, February 8, 2010 - 2:18pm | 203Disgraced former Merrill Lynch CEO, John Thain, is taking over the top job at troubled lender CIT Group (NYSE: CIT). Thain will be paid a $500,000 salary and be granted restricted shares that would have a current value of $5.5 million. CIT (CIT) emerged from bankruptcy in December after eliminating...
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W.R. Grace (GRA) Receives A Buy Rating: Barron’s
Monday, February 8, 2010 - 12:27pm | 118Jefferies & Co. (NYSE: JEF) has raised their rating on W.R. Grace (NYSE: GRA) from ‘Hold’ to ‘Buy’. W.R. Grace reported its Q4 earnings before interest and taxes at two cents above the Jefferies’ estimates. However, their adjusted EPS 0f $0.57 was $0.08 below consensus. W.R. Grace has several...
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Thermo Fisher Scientific, Inc.’s (TMO) Price Target Raised
Monday, February 8, 2010 - 12:04pm | 149Stifel Nicolaus (NYSE: SF) has raised the price target for Thermo Fisher Scientific, Inc. (NYSE: TMO) from $50 to $53. The new price target is based on a multiple of 14x the 2011 EPS estimate of $3.80. The company reported EPS of $0.65 from continuing operations for the fourth-quarter. The company...
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Hewlett-Packard Company’s (HPQ) Earnings Estimate Raised
Monday, February 8, 2010 - 12:01pm | 110Analysts Aaron C. Rakers and Matthew J. Nahorski at Stifel Nicolaus (NYSE: SF) have released an update on Hewlett-Packard Company (NYSE: HPQ). The company will report earnings for the first-quarter FY10 on February 17, 2010. Analysts at Stifel Nicolaus expect several upside drivers to Hewlett-...