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Earnings Round up (V, APOL, ETFC)
Tuesday, October 27, 2009 - 5:02pm | 255Visa Inc. (NYSE: V) reported fourth-quarter net income of $514 million, or 69 cents per class A common share. That compares to a net loss of $356 million, or 45 cents per class A common share, a year earlier. Net operating revenue in the latest period was $1.9 billion, up 10% from the prior year...
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Jefferies Introduces Two New Commodity ETFs Focusing On Stocks
Tuesday, October 27, 2009 - 2:56pm | 189With all the negativity surrounding commodities ETFs and the CFTC's voracious desire to regulate these products, the ETF Professor took note of Jefferies' (NYSE: JEF) launched of two more commodities ETFs that focus on equities not futures and other risky fare. Jefferies introduced the Jefferies...
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BioMarin (BMRN) Acquires Aceras BioMedical Portfolio Company
Tuesday, October 27, 2009 - 8:59am | 149Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) announced that its affiliate, Aceras BioMedical LLC (Aceras), has sold Huxley Pharmaceuticals Inc. (Huxley), a portfolio company, to BioMarin Pharmaceutical Inc. (NASDAQ: BMRN). Huxley was established by Aceras in August 2008 with a focus on...
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Ameritrade (AMTD) Considering Share Buybacks And A Dividend, Seeing Strong Trends
Tuesday, October 27, 2009 - 8:25am | 113TD Ameritrade Holding Corp. (Nasdaq: AMTD) Q4 earnings fell a less-than-expected 8.8% as the company posted new highs in average client trades per day and net new assets. On Ameritrade's conference call, it said it is continuing to see strong trends in the marketplace. Also, AMTD said it is...
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Today’s Earnings Preview (V, MCK, AMTD, AKS, AVY, BMS)
Tuesday, October 27, 2009 - 5:58am | 176Visa Inc. (NYSE: V) is expected to report fiscal fourth-quarter earnings of 72 cents a share, according to analysts surveyed by Thomson Reuters. McKesson Corporation (NYSE: MCK) is forecast to post earnings of $1.02 a share in the fiscal second quarter, according to analysts surveyed by Thomson...
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New 52-Week High Stocks (RSH, PXD, MELA, PWER, MS)
Monday, October 26, 2009 - 12:24pm | 180RadioShack Corporation (NYSE: RSH) touched a new 52-week high at $18.24 in today’s morning trade. Currently the stock is trading at $17.96, up 14.62% on 9.70 million shares after earnings dipped for the third quarter, missing analyst estimates, but revenue exceeded expectations. Pioneer Natural...
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Cramer Says The Window For Insider Selling At Goldman Sachs Is Closing
Monday, October 26, 2009 - 9:35am | 36Jim Cramer said this morning that the window for insider selling at Goldman Sachs (NYSE: GS) is closing which potentially means there could be some selling pressure on Goldman Sachs stock.
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5 NYSE Stocks with Highest Cash and Moving Average (GS, JPM, CS)
Friday, October 23, 2009 - 11:48am | 180Below are interesting stocks on the NYSE with the highest cash. Goldman Sachs Group Inc (NYSE: GS) has total cash of $788.12 billion and a last price up % versus 50-day moving average of 1.24. Deutsche Securities initiated coverage of GS with a “buy” rating. JPMorgan Chase & Co (NYSE: JPM) has...
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5 NYSE Stocks with Highest Cash and Moving Average (GS, JPM, CS)
Friday, October 23, 2009 - 11:44am | 180Below are interesting stocks on the NYSE with the highest cash. Goldman Sachs Group Inc (NYSE: GS) has total cash of $788.12 billion and a last price up % versus 50-day moving average of 1.24. Deutsche Securities initiated coverage of GS with a “buy” rating. JPMorgan Chase & Co (NYSE: JPM) has...
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Benzinga's Top Financial Movers (CIT, COF, FBCM, TROW)
Friday, October 23, 2009 - 10:13am | 161CIT Group Inc. (NYSE: CIT) is looking strong today and moved up 8% in early morning trade and now trades at 1.21on high volume after The Wall Street Journal reported that the CIT has reached a tentative agreement with Goldman Sachs, easing the terms of a disputed loan and smoothing the way for CIT...
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Fast Money Picks For October 22nd (S&P500, INTC, GS, DE)
Wednesday, October 21, 2009 - 6:26pm | 126CNBC's Fast Money Tim Seymour thinks that 1076 points is an important technical point for S&P 500 and since its lowest value today was 1080.77 points, he would long this index. Guy Adami has lost his fate in Intel Corporation (NASDAQ: INTC) and wants to short it. Intel (INTC) dropped 1.59% on...
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Rodman & Renshaw (RODM) Shares Down: Files $75 Million Mixed Securities Shelf
Wednesday, October 21, 2009 - 4:38pm | 49Rodman & Renshaw (Nasdaq: RODM) files $75 million mixed securities shelf after the close. RODM registers to sell 3 million shares of common stock for holders. Rodman & Renshaw is trading down 5% in the after hours session after announcing the offering. RODM was up during the trading day.
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Administration Plans To Order Executive Pay Cuts Of Up To 90% At Bailed Out Companies
Wednesday, October 21, 2009 - 3:37pm | 50The Administration plans to order executive pay cuts of up to 90% at bailed out companies for top executives. These include companies like AIG (NYSE: AIG), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS).
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FDIC Sheila Baird Says Banks Should Have To Pay Larger Fees For Risky Trading
Wednesday, October 21, 2009 - 3:20pm | 82FDIC Chair Sheila Baird said earlier today that banks should have to pay larger fees for taking on more risks. For example, investment banks that have a large proprietary trading operation like Goldman Sachs (NYSE: GS) would have to pay larger fees for taking on the additional risk. She thinks this...
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5 Stocks with Highest Net Income and PEG (GS, WFC, UNH)
Wednesday, October 21, 2009 - 12:37pm | 176Below are interesting stocks on the NYSE and NASDAQ with the highest net income. Goldman Sachs Group Inc (NYSE: GS) generated a net income of $9.91 billion in FY08. GS has a PEG ratio of 0.79. JMP Securities upgraded GS from “market perform” to “market outperform.” Wells Fargo & Company (NYSE...