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Identify Risk Exposure & Consider Puts 08-20-2010
Friday, August 20, 2010 - 6:40pm | 821Cusick’s Corner The market wrapped up August Expiration flat with all major indices in spitting distance of breakeven. The tea leaves on the markets are not rosy, but this is when, even with all the indicators screaming at you, you need to stay on your toes for the unexpected. Take the weekend and...
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Deerfield Capital Corp. Announces Second Quarter Results
Monday, August 16, 2010 - 4:25pm | 74Deerfield Capital Corp. (NASDAQ: DFR) today announced its results of operations for the second quarter ended June 30, 2010. Net income attributable to DFR for the quarter totaled $17.9 million, or $2.25 per diluted common share, compared to $52.9 million, or $7.85 per diluted common share, for the...
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Think Defense 08-13-2010
Monday, August 16, 2010 - 1:51pm | 926Cusick’s Corner These end-of-the-week markets have been in quite a quandary. This pullback has been on light volume and today’s was one of the lowest of the year. Most recent data tells us that at home -- deflation prospects are increasing and unemployment is still a challenge, while abroad --...
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Putting The DEF In Defense
Thursday, August 12, 2010 - 1:45pm | 161With the market returning to its gyrating patterns, investors lately have been looking at ways to play it safe. Sectors like utilities and consumer staples have falling into favor once again. Their high dividends and stable cash flows make them ideal positions in stormy weather. Investors may also...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, August 11, 2010 - 8:46am | 347Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Blue Nile Inc (NILE) Capstead Mortgage Corp (CMO) Century Casinos Inc (CNTY) CoreLogic Inc (CLGX) CRA International Inc (CRAI) View the entire Zacks #5 Rank List. CORELOGIC INC (CLGX): Free Stock Analysis Report ...
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KBW Reiterates Outperform Rating on Redwood Trust (RWT)
Tuesday, August 10, 2010 - 12:54pm | 107Keefe, Bruyette & Woods reiterated its Outperform rating on Redwood Trust, Inc. (NYSE: RWT) today. KBW maintains a $19 Target Price on shares of Redwood Trust, Inc. Redwood Trust reported second quarter EPS of $0.35 and operating EPS of $0.25. The difference between the numbers reflect gains on...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 10, 2010 - 11:03am | 348Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job, Inc (JOBS) Acadia Realty Trust (AKR) Altera Corp (ALTR) Arbor Realty Trust, Inc (ABR) BBVA Banco Frances SA (BFR) View the entire Zacks #1 Rank List. ARBOR RLTY TRST (ABR): Free Stock Analysis Report ACADIA...
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Straddling 3D Super Bus for a Greener China
Sunday, August 8, 2010 - 12:41pm | 1226Dian L. Chu, Economic Forecasts & Opinions With its rapidly growing rural-to-urban population, China is in the midst of a massive transportation infrastructure upgrade in order to maintain the country's economic growth and development. Graphic Source: China Hush Xinhua reported...
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Mad Money Lightning Round: Cramer Thinks That Citigroup (C) Is A Buy (C, Q, ATPG, CVX, COP, NLY, PNG, PG)
Thursday, August 5, 2010 - 8:06pm | 363On CNBC's Mad Money Lightning Round, Jim Cramer said that people are asking him what is going on with Citigroup (NYSE: C). He recommended it as a buy and the stock is still not doing that well. Cramer explained that Tim Geithner is selling the stock, and that is why it is not moving higher. He...
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Market Technically Signaled a Potential Turn 08-05-2010
Thursday, August 5, 2010 - 2:58pm | 904Cusick’s Corner The market, while down, has still been able to hold its ground into the Midday. We continue to see minor new highs intra-day, only to have the market grind back to basically breakeven. While the trend to the upside is still intact, there needs to be some tighter risk management to...
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Redwood Trust Plays The Waiting Game On Mortgage Security
Thursday, August 5, 2010 - 10:13am | 91Redwood Trust (NYSE: RWT) is believed to be well positioned to capitalize on the eventual growth of the private label security market, according to Jefferies. EPS missed the Street's estimates by $0.20 with the variance focused on market valuation adjustments and realized gains, both inherently...
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Deutsche Bank Reiterates Buy rating on Redwood Trust (RWT)
Thursday, August 5, 2010 - 10:09am | 141Deutsche Bank is out with a research report this morning, where it reiterates its Buy rating on Redwood Trust Inc. (NYSE: RWT); it has a $20.00 price target on the stock. The DB analysts cited the company’s recent earnings report, which was better than expected due to lower loan loss provisions....
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IMF: U.S. Real Estate Sectors Could Bring Banking Crisis 2.0
Wednesday, August 4, 2010 - 8:14pm | 1634By Dian L. Chu, Economic Forecasts & Opinions The International Monetary Fund (IMF) stress tested 53 large banking holding companies and published its findings last month. The report concluded that despite restoration of some stability, there remain certain important risks to the U.S....
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Redwood Trust Reports Second Quarter Results
Wednesday, August 4, 2010 - 4:36pm | 140Redwood Trust, Inc. (NYSE: RWT) today reported net income for the second quarter of 2010 of $29 million, or $0.35 per fully diluted share. This compares to net income of $47 million, or $0.58 per fully diluted share, for the first quarter of 2010, and net income of $7 million, or $0.10 per fully...
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MFA's Rating Maintained At Outperform
Wednesday, August 4, 2010 - 9:44am | 58MFA Mortgage Investments, Inc. (NYSE: MFA) reported 2Q GAAP EPS of $0.16 and operating EPS of $0.18, citing only impairments during the quarter as the difference, according to Keefe, Bruyette & Woods, who estimated 2Q EPS at $0.19. KBW maintains its "outperform" rating and price target of $8.50...