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Benzinga’s Top Pre-Market Gainers (GNW, WHR, PM, WY)
Tuesday, July 20, 2010 - 7:59am | 136Genworth Financial Inc (NYSE: GNW) rose 6.33% to $14.78 in the pre-market session. GNW is all set to report its quarterly results on July 29. Whirlpool Corporation (NYSE: WHR) added 2.62% to $93.75 in pre-market trading. WHR has posted a two-fold increase in its Q2 earnings and raised its outlook...
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Bookkeeping: Restarting Priceline.com (PCLN)
Thursday, July 15, 2010 - 1:57pm | 582Like John Kerry during a presidential campaign I'm flip flopping on Priceline.com (PCLN). I tried a very quick and dirty short last week just under the 50 and 200 day moving averages which I exited for a 2% loss as the stock broke above (around $200). The stock has continued to roll since (+10!)...
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AIG Spiking (AIG)
Thursday, July 15, 2010 - 12:02pm | 73Shares of AIG (NYSE: AIG) spiked up off of their lows for the day a few minutes ago. The shares are still down on the session, falling 0.64% to $37.29. American International Group, Inc. (AIG), is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and...
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Stock Market News for July 14, 2010 - Market News
Wednesday, July 14, 2010 - 8:16am | 621Stocks rallied for the sixth straight day on Tuesday as favorable earnings reports from aluminum giant Alcoa (NYSE:AA) and a successful auction, of $2.1 billion, of Greek debt bolstered global markets and strengthened the euro. As a result, investors overlooked Moody’s downgrade of Portugal’s...
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US Stock Futures Higher; Point To Better Market Opening
Tuesday, July 13, 2010 - 7:13am | 285US stock futures moved up today as investor sentiments improved after Alcoa (NYSE: AA) announced positive results for the second quarter. While futures on the Dow Jones Industrial Average gained 53 points to 10234, those on the S&P 500 moved up 7.1 points to 1083.7. Meanwhile, Nasdaq 100...
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Regional Banks Push Higher (RF, ZION, MI, GNW, HBAN)
Friday, July 9, 2010 - 3:03pm | 167Regional banks pushed largely higher during Friday’s session; it appears that investor worries are abating slightly and this is allowing high-beta names, especially those in the financial space, to run higher. • Region’s Financial (NYSE: RF) closed higher by 4.61%, at $7.14. • Marshall &...
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Fast Money Picks For July 9th (MON, V, JPM, GNW)
Thursday, July 8, 2010 - 5:44pm | 162On CNBC's Fast Money, Joe Terranova said that he loves the reversal in Monsanto Company (NYSE: MON). He believes that this stock is going above $50. Monsanto Company (MON) gained 0.82% today, and closed at $47.72. Guy Adami and Karen Finerman reiterated their picks from Wednesday's show. Guy Adami...
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Pete Najarian Is Watching Action In Genworth Financial (GNW)
Tuesday, July 6, 2010 - 6:37pm | 127Pete Najarian said on CNBC's Fast Money that he spotted unusual options activity in Genworth Financial, Inc. (NYSE: GNW) on Tuesday. He explained that the volume in the January 14 calls was around 14,000 contracts, and normally Genworth Financial (GNW) is a light trade. Pete Najarian added that...
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Bears In Control 07-06-2010
Tuesday, July 6, 2010 - 5:51pm | 814Cusick’s Corner While the market did hold some gains, it became very apparent who is in control of this market -- the bears. It is worth taking a look at the safety trade, Bonds, specifically TLT, TIP, and LQD are on a tear. If you look at TLT which is the iShares Barclays 20+ Year Treasury Bond...
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Oversold Bounce in Bearish Market 07-06-2010
Tuesday, July 6, 2010 - 1:55pm | 737Cusick’s Corner This is a nice bounce into the Midday after a great long weekend but it seems to be more of an oversold bounce in a bearish tending market. There is a lack of volume in key sectors -- Consumer Discretionary (XLI), Finance (XLF), Tech (XLK), and Industrials (XLI), plus there needs...
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Calls Purchased on Genworth Financial (GNW)
Tuesday, July 6, 2010 - 11:30am | 114Shares of Genworth Financial Inc. (NYSE: GNW) are higher on the session by 4.34%, currently trading at $13.21. The stock has been trading largely lower over the past three months and is struggling to regain the 200-day moving average. Options traders are buying calls on the name today, betting...
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News Summary
Friday, July 2, 2010 - 12:52pm | 184Obama has extended the deadline for home buyers to get a federal home-buyer tax credit for three months. To be eligible for the tax credit, which can go up to $8,000, buyers need to be ready with a contract by September 30. This gives roughly 180,000 buyers, who missed filing the papers by April 30...
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AIG’s Robert Benmosche: The Great Quitter
Thursday, July 1, 2010 - 7:20am | 168Robert Benmosche, the CEO of American International Group (NYSE: AIG), threatens to quit his job so often that it could be timed by a metronome. He whined when the press criticized him for spending time at his villa overlooking the Adriatic just after taking the top job at the huge and troubled...
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Late Market Roundup
Wednesday, June 30, 2010 - 2:31pm | 371The technology stocks gained today after losing in the early morning trading. The sector made an effort to close H1 in the positive territory. The NASDAQ Composite Index (COMP) gained 0.4% after falling about 4% yesterday. NASDAQ has lost 5.4% in the first half of 2010. The stocks that posted gains...
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Top 4 Stocks In The Accident And Health Insurance Industry With The Highest Dividend (AFL, SFG, AIZ, UNM)
Tuesday, June 29, 2010 - 5:50am | 124Below are the top accident and health insurance stocks on the NYSE and the NASDAQ in terms of dividend. AFLAC Inc (NYSE: AFL) offers a dividend of $1.12 per share. AFL’s PEG ratio is 0.58. StanCorp Financial Group Inc (NYSE: SFG) has a dividend of $0.8 per share. SFG’s quarterly revenue grew 52.00...