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SunTrust Likes American Equity Investment Life Holiding Co. (AEL)
Friday, April 9, 2010 - 12:48pm | 228SunTrust released a bullish research report on shares of American Equity Investment Life Holding Co. (NYSE: AEL). today. The analysts wrote that "we believe the valuation on American Equity is compelling ahead of 1Q results, expected May 5th. We look for EPS of $0.42 putting the company on track to...
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Financial Stocks Recover To End In Black On April 8
Friday, April 9, 2010 - 6:20am | 380After starting the day in the red on renewed concerns regarding the unresolved debt crisis in Greece, financial stocks recovered impressively to end in the black yesterday. The Financial Select Sector SPDR Fund (NYSE: XLF), which was down about 1% at the start of the day, closed up 0.8%. Citigroup...
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Economic News – Hot Topic (NASDAQ:HOTT), United Airlines (NASDAQ:UAUA), US Airways (NYSE:LCC), Bank of America (NYSE:BAC), American International Group (NYSE:AIG)
Thursday, April 8, 2010 - 10:24am | 1289The US Department of Labor released news that its count of those filing jobless benefits increased 18,000, to 460,000 total, last week. After glowing reports of a recovering economy, these numbers go to show how far recovery still has to go to get a completely healthy economy. Economists had...
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Economic News – Hot Topic (NASDAQ:HOTT), United Airlines (NASDAQ:UAUA), US Airways (NYSE:LCC), Bank of America (NYSE:BAC), American International Group (NYSE:AIG)
Thursday, April 8, 2010 - 10:24am | 1289The US Department of Labor released news that its count of those filing jobless benefits increased 18,000, to 460,000 total, last week. After glowing reports of a recovering economy, these numbers go to show how far recovery still has to go to get a completely healthy economy. Economists had...
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Top 5 Stocks In The Financial Sector With The Lowest PEG (IRS, ABR, PNX, NNI, TWGP)
Thursday, April 8, 2010 - 6:29am | 165Below are the top 5 finance stocks in terms of PEG. IRSA Investments and Representations Inc (NYSE: IRS) has a PEG ratio of 0.01. IRS’ quarterly revenue growth is 44.30% y/y. Arbor Realty Trust Inc (NYSE: ABR) has a PEG ratio of 0.22. The trailing-twelve-month operating margins of ABR are 114.35...
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The Financial Sector Shined On April 6, Driven By Strength In Regional Banks (XLF, AIG, PRU, XL, STI, BBT, MI, ZION, RF, ICE)
Wednesday, April 7, 2010 - 7:51am | 351Despite investor apathy in the market yesterday as they awaited the release of the minutes of the Fed’s April 14 meeting, the S&P 500 Index moved up, driven by the US financial sector. The sector received a boost after regional banks got a lift from a positive comment made by Credit Suisse. The...
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Top 5 Stocks In The Financial Sector With Lowest PEG (IRS, PNX, ABR, ENH, NNI)
Tuesday, April 6, 2010 - 6:17am | 156Below are the top 5 financial stocks in terms of PEG. IRSA Investments and Representations Inc (NYSE: IRS) has a PEG ratio of 0.01. IRS’ quarterly revenue growth is 44.30% y/y. Phoenix Companies Inc (NYSE: PNX) has a PEG ratio of 0.22. PNX’s quarterly revenue growth is 35.50% y/y. Arbor Realty...
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Insurance Stocks Among Largest Benefactors From Fed's Largesse
Thursday, April 1, 2010 - 2:45pm | 1107I continue to look at my watch lists and scratch my head at this rally... the type of "growthy" stocks I normally stick to are not doing much the past 3-4 weeks [excluding of course the "go to" momentum stocks for institutions like Apple, Priceline, Baidu et al] but the market keeps stair stepping...
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Market Roundup (BBI, BA, AIG, PUK, ARQL, F)
Wednesday, March 31, 2010 - 3:13pm | 291Blockbuster Inc (NYSE: BBI) shares dipped 11% yesterday after the company disclosed that it was not in compliance with NYSE’s requirements for minimum market value. Following this announcement, BBI’s biggest shareholder, Carl Icahn, sold off 13 million BBI shares to reduce his stake in the company...
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EURUSD Proves Unstoppable
Wednesday, March 31, 2010 - 2:18pm | 569G10 Advancers and Decliners vs USD CHF 1.27 EUR 0.71 GBP 0.66 JPY -0.71 EURUSD has powered relentlessly higher throughout the day as a combination of strong European inflation data, disappointing US labour figures and quarter-end rebalancing flows have all conspired to push...
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EURUSD Proves Unstoppable
Wednesday, March 31, 2010 - 2:18pm | 603G10 Advancers and Decliners vs USD CHF 1.27 EUR 0.71 GBP 0.66 JPY -0.71 EURUSD has powered relentlessly higher throughout the day as a combination of strong European inflation data, disappointing US labour figures and quarter-end rebalancing flows have all conspired to push...
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Market News – Bank of America (NYSE:BAC), American International Group (NYSE:AIG), Verizon (NYSE:VZ), Mitsubishi Financial Group (NYSE:MTU), Morgan Stanley (NYSE:MS)
Tuesday, March 30, 2010 - 10:54am | 973To start the news day, reports indicate that the housing market has continued to struggle early this year, but there’s some hope on the horizon. The S&P/Case-Shiller 20-city home-price index is reporting a 0.7% decline for January of this year (compared to last year). But this also means a...
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Market News – Bank of America (NYSE:BAC), American International Group (NYSE:AIG), Verizon (NYSE:VZ), Mitsubishi Financial Group (NYSE:MTU), Morgan Stanley (NYSE:MS)
Tuesday, March 30, 2010 - 10:54am | 973To start the news day, reports indicate that the housing market has continued to struggle early this year, but there’s some hope on the horizon. The S&P/Case-Shiller 20-city home-price index is reporting a 0.7% decline for January of this year (compared to last year). But this also means a...
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The Government’s Mortgage Modification Program May Hurt The Bottom Line Of The Banks In The Financial ETF
Monday, March 29, 2010 - 2:21pm | 2492“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan Chase & Co (NYSE: JPM) and others, as the housing market appears to be at the beginning of a second...
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Top 4 Stocks In The Accident & Health Insurance Industry With The Highest Dividend (AFL, SFG, AIZ, UNM)
Monday, March 29, 2010 - 7:17am | 180Below are the top accident & health insurance stocks on the NYSE and the NASDAQ in terms of dividend: AFLAC Incorporated (NYSE: AFL) has a dividend of $1.12 per share. AFL’s shares closed at $53.47 on Friday. Read more about this company here. StanCorp Financial Group Inc (NYSE: SFG) has a...