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A Peek Into The Market Before The Trading Starts
Wednesday, May 11, 2011 - 6:42am | 378Pre-open movers US stock futures are slightly higher this morning. Gold and silver futures continued to recover from the last week's losses. Futures on the Dow Jones Industrial Average gained 19 points to 12,719.00 and futures on the S&P 500 stock index rose 1.70 points to 1,355.50. Nasdaq 100...
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AIG and the U.S Department of the Treasury Commence Offering of AIG Common Stock
Wednesday, May 11, 2011 - 6:23am | 141American International Group, Inc. (NYSE: AIG) announced today that it and the U.S. Department of the Treasury, as the selling shareholder, have commenced a registered public offering of AIG common stock, par value $2.50 per share. One hundred million shares will be issued and sold by AIG and 200...
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AIG $9 Billion Share Sale Approved by Board (AIG)
Wednesday, May 11, 2011 - 3:39am | 232The Board of American International Group, Inc. (NYSE: AIG) approved the company's second initial public offering in its history, according to a source familiar with the matter. CNBC's Kate Kelly first reported the development late Tuesday night. According to her report, "As part of the deal, the...
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Loews Corporation Announces Quarterly Dividend on Common Stock of $0.0625 (L)
Tuesday, May 10, 2011 - 9:34am | 35Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable June 14, 2011 to shareholders of record on June 1, 2011.
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Getting Paid to Eat Bon-Bons and Sell Options
Tuesday, May 10, 2011 - 3:05am | 1078I have a diverse set of interests, and two of my passions include eating assorted bon bons, and buying stocks low (selling them high). The only thing better than that is to also get paid for doing those same activities. Until I get paid for competing on the national bon bon competitive eating...
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Top 4 NYSE Stocks In The Accident & Health Insurance Industry With The Lowest PEG Ratio (AFL, UNM, CNO, AIZ)
Monday, May 9, 2011 - 12:02am | 115Below are the top accident & health insurance stocks on the NYSE in terms of PEG ratio AFLAC Incorporated (NYSE: AFL) has a PEG ratio of 0.69. AFL's trailing-twelve-month ROE is 21.02%. Unum Group (NYSE: UNM) has a PEG ratio of 0.74. UNM's trailing-twelve-month revenue is $10.19 billion. CNO...
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Bull & Bear: The Hartford Financial Services Group, Inc. (HIG)
Friday, May 6, 2011 - 12:13pm | 320Shares of The Hartford Financial Services Group, Inc. (NYSE: HIG) are trading higher on the session by 1.99%, at $27.64. With shares hovering on the 50-day moving average, you have to wonder where shares could move next… Bulls: The bulls will note that the stock made a high volume bottom in March...
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KBW Has UnderPerform On AIG Following Earnings (AIG)
Friday, May 6, 2011 - 8:06am | 95KBW has an Underperform rating and a $23 price target on shares of AIG (NYSE: AIG) following earnings. In a note to investors, KBW writes, "1Q11 included many items one-time in nature including the major catastrophe losses but offset by strong investment results including partnership income,...
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US Stock Futures Up As Investors Await Nonfarm-Payrolls Data; Crude Oil Futures Drop To $98.27 a barrel
Friday, May 6, 2011 - 5:33am | 524US stock futures are higher this morning, as investors are awaiting April nonfarm-payrolls data. Futures on the Dow Jones Industrial Average gained 28 points to 12,598.00 and futures on the S&P 500 stock index rose 4.30 points to 1,339.30. Nasdaq 100 futures surged 8.30 points to 2,387.50. US...
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Stocks To Watch For May 6 (WPO, V, POM, AIG, CEG)
Thursday, May 5, 2011 - 11:24pm | 265Some of the stocks that may grab investor focus today are: Wall Street expects Washington Post Company (NYSE: WPO) to report its Q1 EPS at $4.35 on revenue of $1.06 billion. WPO shares declined 2.19% to close at $432.56 yesterday. Visa Inc (NYSE: V) reported a 24% surge in its fiscal second-...
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Priceline.com (PCLN) Continues to Awe and Impress
Thursday, May 5, 2011 - 3:28pm | 1125One of my worst blunders of 2010 was selling Priceline.com (PCLN) in the low $200s after booking a very nice gain. In the 15 or so months since, it has rallied another 150%ish. As Homer S would say "DOH!". I would think at some point the expectations would be too high for this company to...
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UPDATE: Wunderlich Securities Color On HCC Target Increase
Thursday, May 5, 2011 - 6:25am | 126Wunderlich Securities, which raised its PT on shares of HCC Insurance Holdings Inc. (NYSE: HCC), is providing some color on the stock. “We believe HCC Insurance Holdings' focus on underwriting and diversity assures solid profitability,” Wunderlich Securities writes. “In our opinion, HCC has an...
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Wunderlich Raises PT On HCC Insurance To $37
Thursday, May 5, 2011 - 5:19am | 28Wunderlich Securities has raised the price target on HCC Insurance Holdings (NYSE: HCC) from $34 to $37 and maintains its Buy rating.
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Earnings Scheduled For May 5 (SLE, GM, V, AIG, CI, FLR, KFT, EP, EL, MHK, DTG, CVS, FIG, SUN, OWW, PSA, RNWK, IT, FO, PCLN, PGN, DTV, TDC)
Wednesday, May 4, 2011 - 11:33pm | 609Sara Lee Corp (NYSE: SLE) is estimated to post its Q3 EPS at $0.25 on revenue of $2.23 billion. General Motors Company (NYSE: GM) is projected to report its Q1 EPS at $0.93 on revenue of $35.59 billion. Visa Inc (NYSE: V) is expected to post its Q2 earnings at $1.20 per share on revenue of $2....
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Unitrin Announces Quarterly Dividend Of $0.24
Wednesday, May 4, 2011 - 12:56pm | 40Unitrin (NYSE: UTR) announced today that its Board of Directors has declared a quarterly dividend of $0.24 per share. The dividend is payable on May 27, 2011 to its shareholders of record as of May 13, 2011.