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Citigroup Says 350,000+ Accounts Were Compromised
Thursday, June 16, 2011 - 7:00am | 201Citigroup Inc. (NYSE: C) said that a cyber attack that compromised its customers personal information exposed more than 350,000 North American Citigroup credit card accounts. In total, 360,083 accounts were affected, and 217,657 of those customers received reissued cards. Citi is only the latest...
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Stock Market Update: Blood In The Street
Wednesday, June 15, 2011 - 12:32pm | 279After a one day stock market rally, all hell has broken loose again. This can be blamed on multiple factors but mainly the Euro collapse because of Greece and the Dollar surging in response. As the U.S. Dollar surges, the markets sell sharply. This inverse relationship has been intact for years now...
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Wednesday's Mid-Day Options Volume Leaders
Wednesday, June 15, 2011 - 12:31pm | 84Here are today's mid-day options volume leaders… 1. AT&T (NYSE: T) 95,008 contracts, 69.9% calls, 30.1% puts 2. Bank of America (NYSE: BAC) 76,031 contracts, 63.9% calls, 36.1% puts 3. Apple Inc. (NASDAQ: AAPL) 75,552 contracts, 56.9% calls, 43.1% puts 4. Research In Motion (NASDAQ: RIMM) 60,...
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John Boehner Likes J.P. Morgan, Nancy Pelosi Likes Apple
Wednesday, June 15, 2011 - 10:36am | 110CNBC's Eamon Javers just reported on some of the holdings of members of the House of Representatives, and gave some insight into the wealth of them. Javers mentioned specifically John Boehner (R-OH), the Speaker of the House, and Nancy Pelosi (D-CA), the Minority Leader of the United States House...
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Bank of America May Credit Data
Wednesday, June 15, 2011 - 10:18am | 35Bank of America (NYSE: BAC) reports May default amount net of recoveries for May of 8.03% vs 8.25% in April and reports May total Delinquencies of 4.28% vs 4.52% in April.
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Mad Money Lightning Round: Cramer Dislikes JPMorgan
Wednesday, June 15, 2011 - 12:32am | 219On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Kodiak Oil & Gas (AMEX: KOG) is a “good spec, but it is a spec.” He added, “We're not talking Exxon Mobil (NYSE: XOM), we're talking about a little company here, but it's good." For JPMorgan Chase (NYSE: JPM), he said, "I...
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Bank of America Could Ring Up $27 Billion In Housing Losses
Tuesday, June 14, 2011 - 6:24pm | 264According to analysts at Sanford C. Bernstein, Bank of America (NYSE: BAC) may be facing around $27 billion in housing related losses between now and 2013 amid a slowing economy and falling home prices. “The process of addressing legacy mortgage issues will be long and arduous,” the analysts said...
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Doug Kass Thinks Highs Of The Day Are In
Tuesday, June 14, 2011 - 2:16pm | 70Doug Kass tweeted that he thinks the highs of the day are in, with the financial complex "deteriorating." Kass cited the moves lower in Goldman Sachs (NYSE: GS), Morgan Stanley (NYSE: MS) and Bank of America (NYSE: BAC).
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, June 14, 2011 - 12:28pm | 83Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 115,817 contracts, 66.9% calls, 33.1% puts 2. Apple Inc. (NASDAQ: AAPL) 99,664 contracts, 60.3% calls, 39.7% puts 3. Cisco Systems (NASDAQ: CSCO) 92,426 contracts, 77.6% calls, 22.4% puts 4. Citigroup Inc. (NYSE: C) 64...
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Benzinga's Top Pre-Market Losers
Tuesday, June 14, 2011 - 8:26am | 136SIGA Technologies Inc (NASDAQ: SIGA) dipped 9.01% to $11.01 in the pre-market session. SIGA's PEG ratio is 35.91. ProShares UltraPro Short QQQ (NASDAQ: SQQQ) dropped 2.15% to $28.20 in the pre-market trading. Ness Technologies Inc (NASDAQ: NSTC) moved down 0.33% to $7.57 in the pre-market...
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BofA Obstructed U.S. Review
Tuesday, June 14, 2011 - 8:10am | 125The Federal Housing Administration has said that Bank of America Corp. (NYSE: BAC) has "significantly hindered" a federal review of its foreclosures on loans. According to the U.S. Department of Housing and Urban Development inspector general's office, the Charlotte-based bank was slow in...
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Tech Lags 06-09-2011
Monday, June 13, 2011 - 3:03pm | 946Cusick's Corner As I said in the past few Corners, a bounce here is not unexpected, especially after the pounding that has been going on the last 6 sessions. What is concerning me is that Tech was the real laggard today, and some might say it is about time. But I watch offensive sectors closely,...
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Market Needs Spinach 06-09-2011
Monday, June 13, 2011 - 3:00pm | 863Cusick's Corner Market is trying to garner strength but there is a lot of overhead resistance. News was a mixed bag today but the market has bounced back some, plus the VIX dropped again and is trading around 17. See you After Hours. Stock market averages are rebounding from six-days of losses...
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S&P Financial Sector Update 6/13/11
Monday, June 13, 2011 - 12:52pm | 611The Financial Sector is one of the strongest areas of the market in today's trading session, currently 0.46% higher on the day. The best performing stocks in the S&P 500 Financial Sector currently are: 1) Citigroup (NYSE: C): Shares of Citigroup are currently trading up 1.9% from Friday's...
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Monday's Mid-Day Options Volume Leaders
Monday, June 13, 2011 - 11:25am | 83Here are today's mid-day options volume leaders... 1. Bank of America (NYSE: BAC) 124,301 contracts, 76.7% calls, 23.3% puts 2. Citigroup (NYSE: C) 99,849 contracts, 83.3% calls, 16.7% puts 3. Apple Inc. (NASDAQ: AAPL) 97,297 contracts, 66.9% calls, 33.1% puts 4. Cisco Systems (NASDAQ: CSCO) 48,...