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9 Safe, Unsurprising Dividend Tycoons for 2011
Friday, June 17, 2011 - 4:04pm | 142Many investors fear that a continued fall is forthcoming. Low-beta, high-yield equities are probably a safer bet than treasuries (TLT) or the US dollar (UUP). We put together a list of high-yielders that are selling at a discount, and should be able to weather 2011′s storms. This is what we found:...
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6 Great Stocks Trading Under $20
Friday, June 17, 2011 - 4:02pm | 142Many investors fear that a continued fall is forthcoming. Low-beta, high-yield equities are probably a safer bet than treasuries (TLT) or the US dollar (UUP). We put together a list of high-yielders that are selling at a discount, and should be able to weather 2011′s storms. This is what we found:...
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Is the SEC About to Drop the Hammer on Banksters?
Friday, June 17, 2011 - 12:48pm | 438It might finally be subpoena and testimony time for the credit rating agencies and banks whose activities led directly to the financial crisis. According to a report in the Wall Street Journal, U.S. regulators are preparing to file civil fraud charges for some involved with the crisis, and are...
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Friday's Mid-Day Options Volume Leaders
Friday, June 17, 2011 - 12:27pm | 88Here are today's mid-day options volume leaders… 1. Research In Motion (NASDAQ: RIMM) 432,400 contracts, 32.4% calls, 67.6% puts 2. Apple Inc. (NASDAQ: AAPL) 194,700 contracts, 58.0% calls, 42.0% puts 3. Freeport McMoran Copper and Gold Inc. (NYSE: FCX) 127,801 contracts, 88.2% calls, 11.8% puts 4...
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News Summary
Friday, June 17, 2011 - 9:36am | 238Shares of Amdocs Ltd (NYSE: DOX) rose about 0.5% after the company agreed to acquire Bridgewater Systems Corp for C$8.20 per share in cash, or about C$211 million ($214 million) in total. The Boards of Directors of both the companies have each unanimously approved the deal. The deal is likely to be...
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Capital One To Buy ING Direct, ING Shares Rise In Pre-Market Trading
Friday, June 17, 2011 - 6:50am | 105Shares of ING Groep NV (NYSE: ING) gained more than 4% in pre-market trading after Capital One Financial Corp (NYSE: COF) agreed to purchase ING Direct from ING Groep for $9 billion in cash and stock. Capital One will pay $6.2 billion in cash and $2.8 billion in stock. As a part of the deal, ING...
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US Stock Futures Up, RIM Shares Tumble In Pre-Market Trading
Friday, June 17, 2011 - 6:13am | 467US stock futures are higher this morning. Shares of Research in Motion Ltd (NASDAQ: RIMM) dropped in pre-market trading after the company cut its earnings forecast. Futures on the Dow Jones Industrial Average gained 21 points to 11,920.00 and futures on the S&P 500 stock index rose 2.30 points...
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Stocks To Watch For June 17
Friday, June 17, 2011 - 12:02am | 406Some of the stocks that may grab investor focus today are: Research In Motion Limited (NASDAQ: RIMM) cut its earnings forecast for the year and announced its plans to cut an unspecified number of jobs. RIMM reported its quarterly net income at $695 million, or $1.33 per share, versus a net income...
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Mmmm! Double Dip!
Thursday, June 16, 2011 - 11:22pm | 649Who doesn't want that extra scoop of ice cream after a long day at work? I know I always have a problem with over-indulgence when it comes to sugary treats before bed (especially ice cream). Unfortunately, that isn't the kind of double dip I am referring to, but I wish I were. The economy has...
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Wells Fargo Exits Reverse-Mortgages, Who's Next?
Thursday, June 16, 2011 - 3:22pm | 198Wells Fargo (NYSE: WFC) announced today that it would be exiting the reverse-mortgage business, on the potential for further declines in U.S. home values. “The decision was made based on today's unpredictable home values,” the San Francisco-based lender said today in a statement distributed by...
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Goldman Sachs Off Its Highs, Watch Other Financials
Thursday, June 16, 2011 - 12:54pm | 128Shares of Goldman Sachs (NYSE: GS) are off their highs of the session, up $1.02 to $135.93, a gain of 0.8%. Shares had touched a high of $136.89 earlier in the session. If the financials can not hold on to their gains, then we could see a similar move to what we saw yesterday. The financials did...
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Paulson's Biggest Fund Loses 20% In 2011
Thursday, June 16, 2011 - 12:39pm | 176According to reports in Reuters, Paulson & Co.'s Advantage Plus hedge fund is down around 20% for 2011 after losing 13% in the first two weeks of June. The fund was hit hard by the implosion of Sino-Forest (PINK:SNOFF), which has lost 83.66% in the last month, after a short-seller's report...
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Thursday's Mid-Day Options Volume Leaders
Thursday, June 16, 2011 - 12:07pm | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 115,001 contracts, 56.8% calls, 43.2% puts 2. Bank of America (NYSE: BAC) 92,613 contracts, 43.6% calls, 56.4% puts 3. Cisco Systems (NASDAQ: CSCO) 69,948 contracts, 73.9% calls, 26.1% puts 4. Ford Motor Co (NYSE: F) 59,...
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Is Social Networking Just a Fad?
Thursday, June 16, 2011 - 10:18am | 1042Facebook just lost six million American users, marking the end of an era for the world's largest online community. Well, not really. But it does beg the question: what does the future hold for social networking? And how can six million people just vanish from Facebook? Statistical Anomalies...
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News Summary for June 16, 2011
Thursday, June 16, 2011 - 8:22am | 302This is your Benzinga news summary and traders' outlook for Thursday, June 16, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after the markets posted over a 1.5% loss yesterday. The U.S. dollar...