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Market's Freaky Calm - Voice of the People
Wednesday, November 17, 2010 - 6:03pm | 586Zacks' Voice of the People Highlights user inthemoneystocks: "Market's Freaky Calm" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Market's Freaky Calm After major selling in the markets the past week, the markets are hovering...
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Cramer Likes Jefferies (JEF)
Wednesday, November 17, 2010 - 12:52pm | 319Over at theStreet.com, Jim Cramer offered up his bullish thoughts on Jefferies (NYSE: JEF), which he believes may be a takeout target. Here are his thoughts on the stock, courtesy of theStreet. "As for Jefferies (JEF - commentary - Trade Now), that's an easy one. As I said earlier, the fin-reg...
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Market's Freaky Calm - Voice of the People
Wednesday, November 17, 2010 - 12:39pm | 586Zacks' Voice of the People Highlights user inthemoneystocks: "Market's Freaky Calm" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Market's Freaky Calm After major selling in the markets the past week, the markets are hovering...
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Jefferies Hearing Rumor That Bank Of Montreal Will Make $35 Cash Bid for Company
Wednesday, November 17, 2010 - 11:59am | 40Jefferies (NYSE: JEF) hearing rumor that Bank Of Montreal (NYSE: BMO) will make $35 cash bid for company to gain advantage of US brokerage industry
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Soros' Opinions Given Too Much Weight: Opinion
Wednesday, November 17, 2010 - 11:07am | 356George Soros is arguably the most famous first generation hedge fund manager in the world. A quick search of the 80-year-old's name yields 2.5 million hits on Google. Julian Robertson, 78, yields 740,000 hits. Carl Icahn, 74, generates 400,000 hits. (If you want to characterize Warren Buffett as...
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Company News for November 17, 2010 - Corporate Summary
Wednesday, November 17, 2010 - 10:33am | 719• Target's (NYSE: TGT) third quarter matched sales and earnings estimates, with earnings of $0.68 and revenues $15.61 billion • BJ's Wholesale Club (NYSE: BJ) posed third quarter results beating estimates by $0.07 at $0.43, on revenues up 4.9% YoY to $2.6 billion, in-line with expectations • Human...
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E*TRADE October DARTs down 18% from 2009
Wednesday, November 17, 2010 - 9:12am | 133E*TRADE Financial Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for October 2010. Daily Average Revenue Trades for October were 145,311, a 14 percent increase from September and an 18 percent decrease from the year-ago period. The Company ended the month with approximately...
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Company News for November 17, 2010 - Corporate Summary
Wednesday, November 17, 2010 - 5:23am | 719• Target's (NYSE: TGT) third quarter matched sales and earnings estimates, with earnings of $0.68 and revenues $15.61 billion • BJ's Wholesale Club (NYSE: BJ) posed third quarter results beating estimates by $0.07 at $0.43, on revenues up 4.9% YoY to $2.6 billion, in-line with expectations • Human...
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Rumors On Who Replaces Larry Summers
Tuesday, November 16, 2010 - 6:17pm | 45In a tweet from Zero Hedge, there are rumors that Evercore's (NYSE: EVR) Roger Altman could replace Larry Summers as the chairman of the National Council of Economic Advisers.
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Positive on Biogen - Analyst Blog
Tuesday, November 16, 2010 - 12:33pm | 502We recently upgraded Biogen Idec (BIIB) to Outperform following the release of third quarter results. Key products, Avonex and Tysabri, should continue contributing significantly to sales. Meanwhile, the company's restructuring initiative should help drive the bottom-line. We are also pleased...
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Paulson & Co. Trims Financial Positions (GS, JPM, BAC, C, GLD)
Monday, November 15, 2010 - 6:34pm | 103According to Paulson & Co.'s latest 13-F, the hedge fund run by John Paulson has trimmed exposure in the financial sector, liquidating Goldman Sachs (NYSE: GS) and slashing exposure in Bank of America (NYSE: BAC), Citigroup (NYSE: C), and J.P. Morgan Chase (NYSE: JPM). Paulson did not make any...
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Incyte Buoyed By Strong Rev. - Analyst Blog
Monday, November 15, 2010 - 2:06pm | 708Incyte Corporation (INCY) suffered a loss of 26 cents per share in the third quarter of 2010. Loss in the reported quarter was narrower than the Zacks Consensus Estimate of a loss of 33 cents and the year-ago loss (excluding special items) of 39 cents per share. The strong performance in the...
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Afternoon Market Update (CAT, BUCY, MS, WFC, KBE, AKAM, LLNW)
Monday, November 15, 2010 - 1:04pm | 281Moody's Investors Service has affirmed its long-term rating of “A2” on Caterpillar (NYSE: CAT) after the company announced its plans to buy Bucyrus International Inc (NASDAQ: BUCY) for $8.6 billion. Moody's said, "The affirmation of CAT's ratings reflects Moody's anticipation that the Bucyrus...
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Inflation Alert: Fed Pumps Another $7.9 Billion Into The System
Monday, November 15, 2010 - 12:55pm | 445After a huge fall on Friday, the markets are floating slightly higher on the day. The SPDR S&P 500 ETF (NYSE: SPY) is currently trading at $120.93, +0.38. The Federal Reserve was back at work today, pumping money into the markets via their quantitative easing method of POMO. This stands for...
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Dividend Policy Clouds Buffett Payback
Monday, November 15, 2010 - 10:58am | 143Goldman Sachs (NYSE: GS)' efforts to repay a $5 billion preferred equity investment made by Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) have hit a snag, The Wall Street Journal reported Monday. Goldman must get approval for the move from the Federal Reserve, and the Fed is reluctant to okay...