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Wunderlich Securities Raises Price Target For Delphi Financial Group, Inc. (DFG)
Tuesday, April 27, 2010 - 3:38pm | 90Analyst Elizabeth C. Malone at Wunderlich Securities has raised the price target for Delphi Financial Group, Inc. (NYSE: DFG) from $24 to $29. The brokerage firm has, however, maintained its Hold rating for Delphi Financial Group given that the stock is currently trading within 5% of the revised...
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Financial Sector Inches Up To Add To Early Weekly Gains
Monday, April 26, 2010 - 5:21am | 449US financial stocks were nudged higher on Friday with the help of bank shares, exchange operators and impressive credit card earnings. Both the Financial Select Sector SPDR Fund and the SPDR KBW Bank Fund swung back and forth between negative and positive territory on Friday. While the Financial...
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Wunderlich Raises StanCorp Financial Group (SFG) Price Target To $55
Friday, April 23, 2010 - 11:16am | 200Wunderlich Securities analyst Elizabeth C. Malone reiterated her Buy rating for shares of StanCorp Financial Group, Inc. (NYSE: SFG) and raised the price target from $51 to $55. Malone said that a share repurchase program by StanCorp Financial Group could drive the company's earnings per share...
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Benzinga’s Top Upgrades (SON, COLM, PMC, PFG, HSY)
Friday, April 23, 2010 - 10:32am | 187Sonoco Products Co (NYSE: SON) was upgraded by Deutsche Bank from “hold” to “buy.” Shares of SON have climbed 3.84% to $34.03 at 8:41 am EST. SON’s quarterly earnings growth is 29.81% y/y. Columbia Sportswear Company (NASDAQ: COLM) has been upgraded to “hold” from “sell” by Citigroup. COLM’s shares...
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Ecuador: Correa’s Play for Greater Influence in the Oil Sector
Friday, April 23, 2010 - 8:25am | 2000Summary Ecuadorean President Rafael Correa is pressuring foreign oil investors to change from production-sharing agreements to service contracts, or else face expropriation. Correa is looking to enhance the state’s authority over oil revenues and thus enhance his own political security, but is...
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Ecuador: Correa’s Play for Greater Influence in the Oil Sector
Friday, April 23, 2010 - 8:25am | 2000Summary Ecuadorean President Rafael Correa is pressuring foreign oil investors to change from production-sharing agreements to service contracts, or else face expropriation. Correa is looking to enhance the state’s authority over oil revenues and thus enhance his own political security, but is...
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Top Stocks of Pennsylvania
Thursday, April 22, 2010 - 2:04pm | 871Pennsylvania is a state that offers affordable living costs and top schools. It provides affordable health care and medical assistance. No wonder so many large corporations are headquartered in Pennsylvania! These are some facts about the state: 1. Pennsylvania is the third largest exporter of...
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Gold Man, Gold Bug, Golden Opportunity, Goldman Sachs (NYSE:GS)
Thursday, April 22, 2010 - 1:38pm | 1796The big news in the markets and media is Goldman Sachs (NYSE:GS), just charged with a fraud suit that alleges they didn’t disclose material information about a CDO they packaged and sold in 2008. The stock promptly sold off to the tune of 15% (down nearly $30, to $155) before rebounding to settle...
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Top Stocks of New Jersey
Wednesday, April 21, 2010 - 3:19pm | 885Centrally located on the East Coast New Jersey is in a region where 100 million people reside with a collective purchasing power of over $2 trillion. Two major airports, the largest seaport complex (Port of New York and New Jersey) in the eastern United States and 35,000 miles of roads may explain...
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ProLogis Closes Japanese Financing - Analyst Blog
Monday, April 19, 2010 - 5:47pm | 344ProLogis (PLD), one of the leading global providers of distribution facilities, has recently obtained $122 million (11.5 billion yen) of secured financing to repay its debt. The financing was obtained through two "tokutei mokuteki kaisha" (TMK) bonds, a tax-favored, special-purpose vehicle created...
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Prudential To List On Hong Kong Stock Exchange (PUK, HBC)
Monday, April 19, 2010 - 11:06am | 142Prudential Plc (NYSE: PUK) is working towards getting listed on the Hong Kong stock exchange. According to MarketWatch, advisers to Prudential (PUK) are planning to transfer about 10% of the British insurer’s shares to the Hong Kong stock exchange. The transaction is expected to be worth $2.3...
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Bullish Bet Extended in Conseco
Friday, April 16, 2010 - 10:15am | 139Conseco (NYSE: CNO), a holding company for a group of insurance companies, is seeing a bullish bet rolled this morning from the front month options to May. The April $5 call was sold on the bid for $1.40 and the May $5 call was purchased on the offer for $1.50. There is so little difference in the...
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Advance Auto Parts And Protective Life Upgraded Today
Wednesday, April 14, 2010 - 8:25am | 109Advance Auto Parts, Inc. (NYSE: AAP) was upgraded today by BB&T Capital Markets from Hold to Buy. Advance Auto Parts is now trading at $43, 1.75% up in the pre-market session. AAP closed at $42.26 in the previous trading session. In the last six months, AAP has gained over 10%. Protective...
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Top Stocks of Delaware
Monday, April 12, 2010 - 2:28pm | 892The state of Delaware was the first state of the Union to ratify the Constitution on December 7, 1787. Today the state is home to some of the largest companies around the world. Delaware’s business-friendly laws and incentives make it the nation’s number one choice for incorporating a company. 1...
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Conning Says With American International Group Inc.’s (AIG) Sales The “Lid Is Being Released” On Deals
Friday, April 9, 2010 - 1:01pm | 339According to a report by Bloomberg, it now seems that American International Group Inc.’s (NYSE: AIG) agreements to sell a couple of life divisions for more than $50 billion in the first quarter just might break the two-year period of declining insurance deals. According to a report by the advisory...