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Financials To Outperform In 2011 (XLF, JPM, BAC, GS, MS, C)
Monday, January 24, 2011 - 4:16pm | 775Read More...According to a Bloomberg article on Monday, financial stocks are trading at 12.3 times estimated earnings, which puts them close to their lowest levels since March 2009. Analysts are estimating that financial company profits will rise 18% this year. In 2010, profits doubled for financials. Despite...
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Biogen-Acorda MS Drug Faces Setback - Analyst Blog
Monday, January 24, 2011 - 12:31pm | 642Read More...Biogen Idec (BIIB) recently faced a pipeline setback with the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) recommending against the approval of oral drug Fampyra (US trade name: Ampyra), aimed at improving walking speed in patients suffering from...
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The Light Shines On Solar, Where To Buy
Monday, January 24, 2011 - 12:27pm | 264Read More...The heavens, sun, moon and stars appear to be shining on solar stocks today after Goldman Sachs Group, Inc. (NYSE: GS) put First Solar, Inc. (NASDAQ: FSLR) on its conviction buy list with a new price target of $165. While these price targets do little to coax a seasoned investor into the stock,...
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Benzinga's Political Roundup (MS)
Monday, January 24, 2011 - 12:24pm | 76Read More...A Morgan Stanley (NYSE: MS) banker, Kamal Ahmed, 42, has been drawn into the Galleon case for leaking information to the hedge fund. The U.S. Treasury is going to announce later today that its toxic assets have gained 27% in value since a fund was created to buy them under TARP.
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Biogen-Acorda MS Drug Faces Setback - Analyst Blog
Monday, January 24, 2011 - 11:45am | 642Read More...Biogen Idec (BIIB) recently faced a pipeline setback with the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) recommending against the approval of oral drug Fampyra (US trade name: Ampyra), aimed at improving walking speed in patients suffering from...
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Pebblebrook Obtains Secured loan - Analyst Blog
Monday, January 24, 2011 - 8:31am | 463Read More...Pebblebrook Hotel Trust (PEB), a lodging real estate investment trust (REIT), has recently executed a new secured loan of $36 million, collateralized by the Doubletree Bethesda Hotel in Bethesda, Maryland. The five-year secured loan was obtained from Goldman Sachs Commercial Mortgage Capital, L.P...
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Pebblebrook Obtains Secured loan - Analyst Blog
Monday, January 24, 2011 - 8:00am | 463Read More...Pebblebrook Hotel Trust (PEB), a lodging real estate investment trust (REIT), has recently executed a new secured loan of $36 million, collateralized by the Doubletree Bethesda Hotel in Bethesda, Maryland. The five-year secured loan was obtained from Goldman Sachs Commercial Mortgage Capital, L.P...
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Berkshire looking attractive
Sunday, January 23, 2011 - 3:11pm | 2002Read More...Someone e-mailed me an article from Barrons: With cash pouring in, Warren Buffett's Berkshire Hathaway may do something big this year -- maybe even pay a dividend. A flush Berkshire Hathaway is in its best shape ever and piling up cash so quickly that it could be sitting on close to $50 billion at...
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5 Hot stocks to watch next week
Friday, January 21, 2011 - 6:05pm | 2770Read More...( click to enlarge ) JPMorgan Chase & Co. (NYSE:JPM) continued its upward surge from Thursday. A quick look at the daily chart of JPM shows us that: - The stock price has been making higher lows since last December.- The volume of transactions has been increasing substantially over the...
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Benzinga's Cash Generator Crushes 1-Month National CD Average By 3,950%
Friday, January 21, 2011 - 4:39pm | 240Read More...If you haven't explored Benzinga's Cash Generator, you've been missing out. Last month, Cash Generator trades yielded 1.625%, abolishing the 1-month national CD average by 3,950%. Over the lifetime of the product, it has outperformed its benchmark by 2,300%! Recent cash trades – MetLife, Inc. (NYSE...
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TD Ameritrade Chief Operating Officer Leaving Company
Friday, January 21, 2011 - 3:44pm | 120Read More...TD Ameritrade Holding Corporation (NASDAQ: AMTD) today announced that David Kelley, chief operating officer, decided to leave the company after five years to pursue other opportunities. “Dave has made a significant contribution to TD Ameritrade over the past five years and we wish him well in his...
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Market Up in Response to Earnings 01-21-2011
Friday, January 21, 2011 - 2:59pm | 932Read More...Cusick's Corner The market is up (but has faded and is closer to the day's lows) in response to upside surprises from General Electric (GE) (see Bullish Flow) and Google (GOOG). Financials were the leading sector, even though Bank of America's (BAC) earnings were not as strong as expected. It is...
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Morgan Stanley Adds Another 3% (MS)
Friday, January 21, 2011 - 12:19pm | 88Read More...Morgan Stanley (NYSE: MS) is making a push toward fresh session highs. The shares are currently trading 3.10% higher at $29.91. The company reported much better than expected earnings yesterday, and saw a corresponding rise in its share price. Volume is heavy during today's rally as well. More...
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BofA Disappoints on Writedown - Analyst Blog
Friday, January 21, 2011 - 11:31am | 1161Read More...Bank of America Corporation's (BAC) fourth quarter earnings came in at 4 cents per share, substantially lower than the Zacks Consensus Estimate of 19 cents. However, this compares favorably with the loss of 60 cents in the prior-year quarter. Earnings for the reported quarter excluded a...
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Wall Street Banks See A Decrease In 2010 Bonus Payouts (GS, MS, JPM)
Friday, January 21, 2011 - 11:07am | 197Read More...Three Wall Street investment banking giants, Goldman Sachs (NYSE: GS), Morgan Stanley (NYSE: MS), and J.P Morgan (NYSE: JPM) saw a decrease in their pay pools in 2010, according to a recent Bloomberg report. Morgan Stanley, which is the onwer of the world's largest brokerage, cut the investment...
