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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 - 9:54am | 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 - 9:54am | 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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AIG Sells A Part Of Asset-Management Business (AIG)
Monday, March 29, 2010 - 6:40pm | 102American International Group Inc. (NYSE: AIG) has announced the partial sale of its asset-management business to private-investment firm Pacific Century Group. The deal is said to be worth $277 million. Asia-based Pacific Century Group is run by Richard Li. Li is a prominent Hong Kong businessman...
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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 - 1:21pm | 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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Market Update – Ford (NYSE:F), General Electric (NYSE:GE), Citigroup (NYSE:C), Apple (NASDAQ:AAPL), Morgan Stanley (NYSE:MS)
Monday, March 29, 2010 - 10:10am | 993Lets start with some American economic news. Reports from the Commerce Department indicate that personal income levels remained unchanged last month, however consumer spending still rose 0.3% inFebruary. Experts had expected a 0.1% increase in American income. On the European front, there’s...
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Market Update – Ford (NYSE:F), General Electric (NYSE:GE), Citigroup (NYSE:C), Apple (NASDAQ:AAPL), Morgan Stanley (NYSE:MS)
Monday, March 29, 2010 - 10:10am | 977Lets start with some American economic news. Reports from the Commerce Department indicate that personal income levels remained unchanged last month, however consumer spending still rose 0.3% inFebruary. Experts had expected a 0.1% increase in American income. On the European front, there’s...
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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 - 6:17am | 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...
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Top 5 Stocks In The Accident & Health Insurance Industry With The Highest 5-Y Earnings Estimates (AFL, GTS, UNM, AIZ, SFG)
Monday, March 29, 2010 - 6:15am | 255Below are the top accident & health insurance stocks on the NYSE and the NASDAQ in terms of 5-Y earnings estimates: AFLAC Incorporated (NYSE: AFL) is likely to achieve 13.44% earnings growth over the next five years. AFL’s quarterly earnings growth stands at 27.90% y/y. Read more about this...
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Top 5 Stocks In The Accident & Health Insurance Industry With The Lowest PEG Ratio (AFL, GTS, AIZ, UNM, SFG)
Monday, March 29, 2010 - 6:11am | 222Below are the top accident & health insurance stocks on the NYSE and the NASDAQ in terms of PEG ratio: AFLAC Incorporated (NYSE: AFL) has a PEG ratio of 0.74. AFL’s trailing-twelve-month revenues stand at $18.24 billion. Read more about this company here. Triple-S Management Corporation (NYSE...
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AUDUSD boosted on signs of another interest rate hike
Monday, March 29, 2010 - 1:48am | 557G10 Advancers and Decliners vs USD EUR 0.25 GBP 0.11 JPY -0.19 CHF -0.22 AUDUSD recovered from Friday’s losses and traded at 0.9076 on speculation that retail sales rose 0.3% in February, due on March 31 and as RBA Governor Glenn Stevens said house prices are “getting...
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AUDUSD boosted on signs of another interest rate hike
Monday, March 29, 2010 - 1:48am | 557G10 Advancers and Decliners vs USD EUR 0.25 GBP 0.11 JPY -0.19 CHF -0.22 AUDUSD recovered from Friday’s losses and traded at 0.9076 on speculation that retail sales rose 0.3% in February, due on March 31 and as RBA Governor Glenn Stevens said house prices are “getting...
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Setting Up Your Plays
Sunday, March 28, 2010 - 9:49am | 921Trading is all about preparation and adjusting to the market day in and day out. During the trading day you should be executing your trading plan not trying to come up with trades. If you are coming into the trading day basically saying to yourself, ” I will see what stocks are strong or weak and...
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M&A Activity Up By 18% In First-Quarter (GS, AIG, SLB, SII)
Friday, March 26, 2010 - 10:22am | 320According to data by Thomson Reuters, M&As are up by 18% worldwide in the first-quarter. M&A activity received a boost from the growing appetite for deals of emerging market companies and takeovers in the energy sector. Compared with the last quarter of 2009; however, deal making fell 16...
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Cramer Gives His Advice On CX, VMC, CHU, CTL, WIN, TEVA, THC, AIG, S, Q, AINV, FSLR, EQT
Thursday, March 25, 2010 - 10:10pm | 457Jim Cramer said on CNBC's Mad Money Lightning Round that he doesn't like Cemex SAB de CV (ADR) (NYSE: CX). He would rather buy Vulcan Materials Company (NYSE: VMC) which is making a comeback. Cemex (CX) dropped 3.92% today, and Vulcan Materials (VMC) closed 2.96% down. China Unicom (Hong Kong)...
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Ken Feinberg Sets A Salary Cap At 5 Bailed Out Firms (AIG)
Thursday, March 25, 2010 - 2:53pm | 119According to this source, White House pay czar Ken Feinberg unveiled pay scales for top executives at five firms, which were bailed out by the U.S. government. According to Feinberg’s verdict, salaries of top executives at bailed out firms should be capped at $500,000, a figure he believes is...