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Morgan Stanley Closes Campbell Soup Company Research Tactical Idea
Tuesday, January 19, 2010 - 12:48pm | 110Morgan Stanley Research (NYSE: MS) closed the Tactical Idea it released on January 7, 2010 because the stock price of Campbell Soup Company (NYSE: CPB) had moved according to Morgan Stanley's expectations. The Tactical Idea followed the release of the negative soup scanner data earlier the same day...
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AMTD Disappoints in FQ1
Tuesday, January 19, 2010 - 11:14am | 157The quarterly profits at TD Ameritrade Holding Corp (NASDAQ: AMTD), the third-largest retail brokerage by client assets, fell 26% amid lower margins. AMTD’s results for FQ1 were hurt by investors shifting away from stock trading and record low interest rates. For the quarter ended December 31,...
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Research Update On Qualcomm (QCOM)
Tuesday, January 19, 2010 - 10:54am | 151Goldman Sachs Group (NYSE: GS) released a research note yesterday updating their outlook on shares of Qualcomm (NASDAQ: QCOM). In the report, they highlight two key topics which they believe will drive outperformance for Qualcomm (QCOM) in 2010. Goldman cites a very low rate of 3G penetration in...
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Stock Market News for January 19, 2010 - Market News
Tuesday, January 19, 2010 - 10:01am | 543A day after closing at their multi-month peak, U.S. stocks registered their worst one-day decline of the year on Friday as concerns ranging from China’s move to curb bank lending to JP Morgan’s rising loan losses had investors selling shares. An unsatisfying reading on consumer sentiment also...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 24
Monday, January 18, 2010 - 4:21pm | 4125Year 3, Week 24 Major Position ChangesTo see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'.Cash: 48.3% (v 34.9% last week)26 long bias: 50.4% (v 64.5% last week) [Includes 1 option position]2 short bias: 1.3% (v 0.6% last week) 28...
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Investment Bank Jefferies Raises Millions For Haiti Relief
Friday, January 15, 2010 - 5:58pm | 171Investment Bank Jefferies Group Inc. (NYSE: JEF) has raised over $4.5 million dollars for the relief effort in Haiti. The New York investment bank has set a goal of $6 million by days end. Chief Executive Officer Rich Handler said that the firm will donate all of its net commissions and salaries...
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Company News for January 15, 2010 - Corporate Summary
Friday, January 15, 2010 - 10:27am | 203• Intel (NASDAQ:INTC) bested buoyant estimates with final quarter earnings of 40 cents, beating Zacks estimates of 34 cents, versus 4 cents a year ago on revenues of $10.6 billion, ahead of Zacks expectations of $10.1 billion and last year's $8.2 billion. The firm also provided upside first quarter...
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Wall Street Bonus Pools To be Cut To Avoid Public Outrage (JPM, MS, GS)
Friday, January 15, 2010 - 7:09am | 189Wall Street firms, facing pressure from lawmakers and shareholders to rein in pay, may report smaller bonus pools because of lower fourth-quarter revenue and mounting public outrage, analysts say. Goldman Sachs Group Inc. (NYSE: GS), Morgan Stanley (NYSE: MS) and JPMorgan Chase & Co.’s (NYSE...
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Mixed Trade On Bank Stocks Amid 'TARP Tax' Talk
Thursday, January 14, 2010 - 5:11pm | 180According to the Wall Street Journal, U.S. bank stocks were mixed in trading ahead of the market open on Thursday, as talk of a proposed "TARP Tax" on the nation's biggest banks competed with a brokerage report urging clients to buy the three largest banks. President Barack Obama will propose a...
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Do Not Bank On The Investment Banking Sector (C, JPM, GS, BAC, CS)
Thursday, January 14, 2010 - 3:51pm | 212At a time when the pressure to separate retail and investment banking is growing, the investment banking sector is facing a disaster, with top-notch investment banks likely to post devastating results for Q4. Some of the investment banks that are expected to report grim earnings are Bank of America...
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Petty Jockeying Between Morgan Stanley And Goldman Sachs (MS), (GS)
Thursday, January 14, 2010 - 3:19pm | 205The rivalry between venerable Wall Street firms Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) has now spilled over into jockeying over when they release their respective earnings reports. Near the end of December, Morgan Stanley announced that it would announce earnings on January 21,...
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Goldman Sachs (GS) Option Activity Heats Up
Thursday, January 14, 2010 - 2:26pm | 69There is unusually high option volume in Goldman Sachs (NYSE: GS) today. Traders are focusing on the February 180 and 185 calls specifically. More than 15,500 contracts of the Feb 180 calls have traded hands today, versus an open interest of 9,735. The Goldman Feb 185 calls traded 14,858 times,...
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Company news for January 14, 2010 - Corporate Summary
Thursday, January 14, 2010 - 10:26am | 176• Goldman Sachs (NYSE:GS) said Apple (NASDAQ:AAPL) is likely to unveil its new iPhone as soon as June, with a more advanced camera and perhaps a touch-sensitive casing • Rio Tinto (NYSE:RTP) reported a 49% surge in iron ore production, beating its prior projections, to 47.2 million tonnes in the...
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Stock Market News for January 14, 2010 - Market News
Thursday, January 14, 2010 - 10:22am | 419Financial shares led the stock market higher Wednesday as heads of several big Wall Street banks testified before a committee set up to investigate the causes of the financial crisis. Although several executive admitted to missteps that led to the financial mayhem, the hearing, barring a few...
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Top 5 Mid-Cap Stocks In The Financial Sector With The Highest Cash (AIG, CM, JEF, PRE, DFS)
Thursday, January 14, 2010 - 10:06am | 174Below are the top 5 mid-cap financial stocks on the NASDAQ and the NYSE in terms of cash. American International Group Inc (NYSE: AIG) has total cash of $108.22 billion. AIG’s market capitalization is $3.91 billion. AIG has a total debt of $176.10 billion. Canadian Imperial Bank of Commerce (NYSE...