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JP Morgan Downgrades GS To Neutral
Wednesday, January 12, 2011 - 8:01am | 42Read More...Analysts at JP Morgan downgrade Goldman Sachs Group Inc (NYSE: GS) from “overweight” to “neutral.” GS shares fell 0.25% to $168.94 in pre-market trading. More Analyst Ratings here
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US Stock Futures Up After Portuguese Government Debt Auction
Wednesday, January 12, 2011 - 7:09am | 320Read More...US stock futures are higher this morning, as investors are awaiting the Federal Reserve's report on present economic conditions. Portuguese government debt sold bonds worth 1.25 billion euros ($1.62 billion) in an auction. Futures on the Dow Jones Industrial Average surged 56 points to 11,672.00...
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Fast Money Picks For January 12th (RIO, VLO, PCX, CNX)
Tuesday, January 11, 2011 - 8:07pm | 199Read More...Tim Seymour said on CNBC's Fast Money that he wants to buy Rio Tinto plc (ADR) (NYSE: RIO) on Wednesday. Rio Tinto plc (ADR) (RIO) gained 1.64% today, and closed at $69.99. Guy Adami believes that Vale (ADR) (NYSE: VALE) will trade higher on Wednesday. Vale (ADR) (VALE) jumped 1.70% today, and...
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Ampyra Supports Acorda Yet Again - Analyst Blog
Tuesday, January 11, 2011 - 5:32pm | 549Read More...Acorda Therapeutics Inc.'s (ACOR) shares gained 11.5% on the back of better-than-expected fourth quarter 2010 preliminary results, which were recently provided by the company. We note that Acorda derives its revenue from two marketed products – Ampyra and Zanaflex. Ampyra Impresses Again...
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Ampyra Supports Acorda Yet Again - Analyst Blog
Tuesday, January 11, 2011 - 4:55pm | 549Read More...Acorda Therapeutics Inc.'s (ACOR) shares gained 11.5% on the back of better-than-expected fourth quarter 2010 preliminary results, which were recently provided by the company. We note that Acorda derives its revenue from two marketed products – Ampyra and Zanaflex. Ampyra Impresses Again...
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Zings Of The Day (SPG, GS)
Tuesday, January 11, 2011 - 4:14pm | 124Read More...Goldman Sachs (NYSE: GS) is going to disclose prop trading versus client trading, starting in this quarter's earnings release. One will be entitled: doing God's work. The other will be entitled: Heads we win, tails you lose. Simon Property Group (NYSE: SPG) has abandoned its bid for CSC, citing...
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Merriman Holdings Announces CEO Alex Seiler to Join Board of Directors
Tuesday, January 11, 2011 - 4:09pm | 59Read More...Merriman Holdings, Inc. (Nasdaq: MERR), today announced the board appointment of Alex Seiler, CEO of the firm's broker-dealer, Merriman Capital, Inc. Mr. Seiler is filling the board seat that's being vacated by Andy Arno, who has resigned to return to Unterberg Capital Partners where he is a major...
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Are Pensions the Cause of States' Problems? - Analyst Blog
Tuesday, January 11, 2011 - 3:31pm | 1110Read More...It is no secret that many of the State and Local governments are in severe fiscal trouble. In addition to the current difficulties, many are worried about the long-term implications of severely underfunded pension liabilities. This has led many to place the blame for the states' fiscal position...
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Are Pensions the Cause of States' Problems? - Analyst Blog
Tuesday, January 11, 2011 - 3:27pm | 1110Read More...It is no secret that many of the State and Local governments are in severe fiscal trouble. In addition to the current difficulties, many are worried about the long-term implications of severely underfunded pension liabilities. This has led many to place the blame for the states' fiscal position...
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Morgan Vends PDT: Boon or Bane? - Analyst Blog
Tuesday, January 11, 2011 - 1:01pm | 811Read More...As part of its effort to comply with the financial regulations, Morgan Stanley (MS) is planning to spin off its proprietary trading business – Process Driven Trading (PDT) – by the end of 2012. Announcing the divesture on Monday, the company stated that the unit would be turned into an...
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Morgan Vends PDT: Boon or Bane? - Analyst Blog
Tuesday, January 11, 2011 - 12:15pm | 811Read More...As part of its effort to comply with the financial regulations, Morgan Stanley (MS) is planning to spin off its proprietary trading business – Process Driven Trading (PDT) – by the end of 2012. Announcing the divesture on Monday, the company stated that the unit would be turned into an...
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Goldman Sachs To Increase Transparency (GS)
Tuesday, January 11, 2011 - 7:51am | 90Read More...According to Bloomberg, Goldman Sachs (NYSE: GS) plans to provide detailed descriptions of how it makes money. In the aftermath of the Securities and Exchange Commission lawsuit in 2010, the bank hopes increased transparency will help repair its reputation. Goldman Sachs has been the subject of...
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Will Green Energy Crush Oil Investment Returns? (USO, XOM, PBW, QCLN)
Tuesday, January 11, 2011 - 7:40am | 547Read More...As oil continues to skyrocket to nearly $100/barrel, alternative energy companies might slash into the profits of oil titans and provide the most lucrative investment for 2011 and beyond. While the price of oil is subject to much short-term volatility, peak oil – the idea that the maximum point of...
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U.S. Banks Facing Stress Test Again - Analyst Blog
Monday, January 10, 2011 - 1:31pm | 618Read More...The largest banks in the U.S. need to go through another round of stress tests prior to getting approval from the Federal Reserve to increase their dividends or buy back shares. In fact, all 19 banks that were subject to the stress test last year had to submit their capital plans to the Fed by...
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U.S. Banks Facing Stress Test Again - Analyst Blog
Monday, January 10, 2011 - 1:15pm | 618Read More...The largest banks in the U.S. need to go through another round of stress tests prior to getting approval from the Federal Reserve to increase their dividends or buy back shares. In fact, all 19 banks that were subject to the stress test last year had to submit their capital plans to the Fed by...
