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Stocks to Watch: Fresh 52-Week Highs and Lows
Thursday, June 9, 2011 - 4:33am | 823Read More...The following stocks hit new 52-week highs in Wednesday's trading session: 1) 8x8 (NASDAQ: EGHT): Shares of 8x8 hit a 52-week high of $3.97 in Wednesday's session. The stock was heavily sold into, however, finishing 7.7% lower on the day at $3.48. The year-to-date performance of 8x8 is a gain of...
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Wunderlich Securities Reiterated Buy and PT of $19 on Annaly Capital Management
Wednesday, June 8, 2011 - 7:29am | 99Read More...Wunderlich Securities reiterated its Buy rating on Annaly Capital Management (NYSE: NLY). At the same time, Wunderlich left its price target on the company's stock unchanged at $19. In a research report published today, Wunderlich states, "The company's $100 billion portfolio is small in the...
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Wunderlich Securities Reiterates Hold and PT of $3.75 on Chimera Investment Corporation
Wednesday, June 8, 2011 - 6:39am | 105Read More...Wunderlich Securities reiterated its Hold rating on Chimera Investment Corporation (NYSE: CIM). At the same time, Wunderlich left its price target on the company's stock unchanged at $3.75. In a research report published today, Wunderlich states, "We maintain our Hold rating on the shares of...
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BRT Realty Trust Enters Into Strategic Relationship
Tuesday, June 7, 2011 - 4:07pm | 81Read More...BRT REALTY TRUST (NYSE: BRT) announced today that it had entered into a joint venture with an affiliate of Torchlight Investors, LLC. The joint venture, known as BRTL LLC, has the right to acquire short-term commercial real estate mortgage loans (bridge loans) originated by BRT Realty Trust. The...
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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, June 7, 2011 - 8:26am | 115Read More...Citrix Systems Inc (NASDAQ: CTXS) dipped 2.62% to $80 in the pre-market session. Analysts at JP Morgan downgraded Citrix Systems from “neutral” to “underweight.” CA Inc (NASDAQ: CA) dropped 1.91% to $22.04 in the pre-market trading. CA's trailing-twelve-month ROA is 6.50%. Research In Motion...
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New York Mortgage Trust Increases Quarterly Dividend from $0.18 to $0.22
Tuesday, May 31, 2011 - 4:18pm | 56Read More...New York Mortgage Trust, Inc. (Nasdaq: NYMT) announced today that its Board of Directors declared on May 31, 2011 a cash dividend of $0.22 per share on shares of its common stock for the quarter ending June 30, 2011. The dividend is payable on June 27, 2011 to common stockholders of record as of...
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Top 4 Small-Cap Stocks In The Mortgage Investment Industry With The Highest Dividend Yield
Tuesday, May 31, 2011 - 1:02am | 129Read More...Below are the top small-cap mortgage investment stocks on the NYSE and the NASDAQ in terms of dividend yield. Invesco Mortgage Capital Inc (NYSE: IVR) has a dividend yield of 17.60%. IVR's shares closed at $22.78 on Friday. Capstead Mortgage Corporation (NYSE: CMO) has a dividend yield of 12.40...
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Mad Money Lightning Round: Cramer Likes Annaly Capital, OpenTable
Thursday, May 26, 2011 - 12:39am | 223Read More...On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Google (NASDAQ: GOOG) is “taking a very long-term view and doing a lot of spending. People don't like that, which is why I'm no longer recommending Google." Cramer said that he is “not going to recommend Shanda Games (NASDAQ:...
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Is Anyone Watching Any Other Chart?
Wednesday, May 25, 2011 - 11:15am | 206Read More...At this time, almost every trader in the world is watching the U.S. Dollar Index(DX) chart. This morning, the U.S. Dollar Index has pulled back after the opening bell rang at the New York Stock Exchange. This decline in the U.S. Dollar has caused the major stock indexes to inflate and trade higher...
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Benzinga's Top Downgrades
Tuesday, May 24, 2011 - 8:11am | 139Read More...Analysts at BMO Capital Markets downgraded Longtop Financial Technologies Limited (NYSE: LFT) from “outperform” to “market perform.” LFT's shares closed at $18.93 yesterday. LFT's trailing-twelve-month profit margin -8.66%. Credit Suisse downgraded East West Bancorp Inc (NASDAQ: EWBC) from “...
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Update: Jefferies Downgrading Chimera Investment Corporation
Tuesday, May 24, 2011 - 7:23am | 99Read More...Jefferies & Co. is downgrading shares of Chimera Investment Corporation (NYSE: CIM) to Hold, and is lowering its price target to $3.80. In a note to clients, Jefferies writes, "Our downgrade is based on our expectation for additional headwinds in CIM's business, both fundamental and optical....
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Jefferies Downgrades Chimera Investment Corp. To Hold, Lowers PT To $3.80
Tuesday, May 24, 2011 - 6:06am | 29Read More...Jefferies & Company has downgraded Chimera Investment Corporation (NYSE: CIM) from Buy to Hold and has lowered the price target from $4.50 to $3.80.
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Mad Money Lightning Round OT: Cramer Likes DO (CYS, PEET, DO)
Thursday, May 19, 2011 - 7:32pm | 216Read More...On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Cypress Sharpridge Investments, Inc. (NYSE: CYS) looks too good to be true. He invited the management of the company on his show to ask them how they can pay a 19% dividend yield. Until then, he recommends Annaly Capital Management, Inc...
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Bank of America Merrill Lynch Reports on American Capital Agency
Wednesday, May 18, 2011 - 8:16am | 144Read More...Bank of America Merrill Lynch commented on American Capital Agency (NASDAQ: AGNC) in a report released yesterday. In the report, Bank of America Merrill Lynch was positive in its assessment of the company. Bank of America Merrill Lynch writes, “Our $30 price objective is based on a 1.2x P/BV...
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UPDATE: Jefferies Lowers PT on Redwood Trust to $16.50 (RWT)
Wednesday, May 18, 2011 - 7:36am | 82Read More...Jefferies is out with its report today on Redwood Trust (NYSE: RWT), lowering its PT from $18 to $16.50. In a note to clients, Jefferies writes, "Our $16.50/share price target represents 1.2x book value. This premium is relatively high vs historical levels and reflects our expectation that RWT...

