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Market Near Critical Short-Term Levels 03-15-2011
Tuesday, March 15, 2011 - 5:40pm | 826Cusick's Corner The market attempted to finish at its best levels of the After Hours session, but intraday traders pulled the plug on the close, taking the market down to critical short-term levels, 1275 on the June S&Ps. While scalping was the name of the game, this environment is not one to...
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Stocks Broadly Lower on Concerns in Japan 03-15-2011
Tuesday, March 15, 2011 - 1:54pm | 893Cusick's Corner The bid attempts a bounce into the Midday, we need to be very careful on two fronts, buying into this pullback and maintaining long positions. The longs will have to be disciplined and patient, look away from the TV, but not blind to the current conditions. What I mean is that...
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Fast Money Pops & Drops, March 14th (AFL, TOL, NYX, LVS, TIF)
Monday, March 14, 2011 - 8:46pm | 255CNBC Fast Money's Joe Terranova said that AFLAC Incorporated (NYSE: AFL) dropped 2.97% on Monday, on the concerns about a potential insurance liability that might arise from the earthquake in Japan. Stifel Nicolaus downgraded Toll Brothers, Inc. (NYSE: TOL) to "Sell" today, and the stock fell 2.55...
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VIX Remains Contained 03-14-2011
Monday, March 14, 2011 - 6:01pm | 769Cusick's Corner Volatility, the VIX, remains contained, 21.13, and the market bounced off the lows, S&P June Futures 1990. The bulls garnered enough control to quell some of the fears that have recently entered the markets. With that being said, all eyes will be on the FOMC meeting tomorrow at...
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National Western Life Reports Q4 EPS of $5.72
Monday, March 14, 2011 - 11:01am | 131Ross R. Moody, President of National Western Life Insurance Company (Nasdaq: NWLI), announced today fourth quarter 2010 consolidated net earnings of $20.2 million, or $5.72 per diluted Class A common share, compared with consolidated net earnings of $12.7 million, or $3.59 per diluted Class A...
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Options Brief: The Phoenix Companies (PNX)
Monday, March 14, 2011 - 9:53am | 86Shares of The Phoenix Companies, Inc. (NYSE: PNX) are lower on the session by 1.22%, trading at $2.43. Overall call volume is now running at 23.14x the daily average, with 49% of all calls traded being purchases on the offer. 1,365 contracts have traded on the session so far. The Phoenix...
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Critical Alerts for Apple, Schlumberger, Navistar, Precision Castparts, and Unum Group Released by Seven Summits Research (AAPL, SLB, NAV, PCP, UNM)
Monday, March 14, 2011 - 8:34am | 133Today's PriceWatch Alerts cover the following stocks: Apple (NASDAQ: AAPL), Schlumberger Limited (NYSE: SLB), Navistar International (NYSE: NAV), Precision Castparts (NYSE: PCP), and Unum Group (NYSE: UNM). In today's unsure markets these brief PriceWatch Alerts contain concise detailed strategies...
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Options Brief: Aflac Incorporated (AFL)
Friday, March 11, 2011 - 10:30am | 78Shares of Aflac Incorporated (NYSE: AFL) are lower on the session by 1.61%, trading at $54.80. Overall put volume is now running at 2.57x the daily average, with 36% of all puts traded being purchases on the offer. 5,141 contracts have traded on the session so far. Aflac Incorporated is a...
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R. Glenn Hilliard to Retire as Non-Executive Chairman and Director of CNO Financial Group
Monday, March 7, 2011 - 4:11pm | 60CNO Financial Group, Inc. (NYSE: CNO) today announced that R. Glenn Hilliard, non-executive chairman of the Board of Directors, will not seek re-election as a director of CNO as of the 2011 annual meeting on May 12. He will remain on the board in his current position until the annual meeting.
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Slow Grind Squeezes Shorts 03-03-2011
Thursday, March 3, 2011 - 3:34pm | 871Cusick's Corner Dollar weak, Oil stable (for now) and the rest of the world readying to fight inflation -- the market is up across the board. The data both domestically and internationally is coming in better than expected, ramping up expectations of further upticks in employment and economic...
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Market Trading Like a Tennis Match!
Wednesday, March 2, 2011 - 3:01pm | 894Cusick's Corner The tennis match continues into the Midday, with the bulls bouncing back from the lows. The market hit the lows on the ADP data which to me was very interesting, thought there could be a run to upside on the heels of a good number. Battle lines are being drawn, with the...
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MetLife Down After AIG Allowed To Sell Its Stake Earlier Than Expected (MET, AIG)
Wednesday, March 2, 2011 - 2:14pm | 165Shares of MetLife, Inc. (NYSE: MET) are currently trading at $43.97, down 4.69% from $46.04 at yesterday's close. Thus far, the trading range for MET has been from a high of $44.77 to a low of $43.74 today. The average price target analysts have for this stock is $54.53, according to Yahoo! (NASDAQ...
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Top 4 NYSE Stocks In The Accident & Health Insurance Industry With The Highest Profit Margin (AFL, UNM, CNO, SFG)
Wednesday, March 2, 2011 - 4:46am | 126Below are the top accident & health insurance stocks on the NYSE in terms of profit margin. The trailing-twelve-month profit margin at AFLAC Incorporated (NYSE: AFL) is 11.31%. AFL's PEG ratio is 0.78. The trailing-twelve-month profit margin at Unum Group (NYSE: UNM) is 8.69%. UNM's PEG ratio...
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Stocks To Watch For March 2 (SPLS, COST, MDR, JOYG, MET)
Wednesday, March 2, 2011 - 4:30am | 218Some of the stocks that may grab investor focus today are: Wall Street expects Staples Inc (NASDAQ: SPLS) to report its Q4 EPS at $0.40 on revenue of $6.48 billion. SPLS shares dropped 2.07% to close at $20.86 yesterday. Analysts are expecting Costco Wholesale Corp (NASDAQ: COST) to have earned $0...
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MetLife Announces Common Stock Offerings Totaling 146M Shares
Tuesday, March 1, 2011 - 4:30pm | 144MetLife, Inc. (NYSE: MET) announced today plans to offer 68,570,000 shares of its common stock to the public. ALICO Holdings LLC, a subsidiary of American International Group, Inc. (NYSE: AIG), is also offering 78,239,712 shares of MetLife common stock to the public, for a total offering of 146,809...