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Market Eyes Friday Jobs Report
Tuesday, May 3, 2011 - 1:01pm | 261All eyes turn to the Non Farm Payrolls number this coming Friday. The market is looking for continued positive readings on job creation. Lately, the market has been perplexed by higher Jobless Claims, last week hitting 426,000. This number is a sharp jump from a month ago when Jobless Claims were...
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Financial Stocks Keep Market From Dropping Further
Tuesday, May 3, 2011 - 11:17am | 262The large financial stocks have been under pressure since early April 2010 when the leading bank stocks reported earnings. This morning the major stock indexes are struggling to stay positive, however, it is the large financial stocks that are showing some intra-day strength and are actually...
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Mad Money Lightning Round: Cramer Likes Kohlberg Kravis Roberts (ACAS, KKR, C)
Tuesday, May 3, 2011 - 12:36am | 104On CNBC's Mad Money, Jim Cramer said during the Lightning Round that American Capital Strategies (NASDAQ: ACAS) is “too risky for me. I don't know what they own. I'm going to send you to Kohlberg Kravis Roberts (NYSE: KKR)" For Citigroup (NYSE: C), Jim said, "Stocks under $5 can't be owned by some...
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TOP 15 Stocks To Watch this week- AAPL, BRK-A, BRK-B, BJ, C, F, GM, GPRO, IP, KND, N, NRTLQ, ONTY, SPPI, YRCW
Monday, May 2, 2011 - 4:48am | 2069Ford (NYSE:F)- Ford revenue increased 17% from last year to $33.1 billion and reduced its debt by $2.5 billion. The result showed an increase of $466 million over the first quarter of 2010, and is the best first quarter earnings since 1998. Competitors- General Motors Company (GM), Toyota Motor...
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Royal Put(z) Not to Be Confused with Married Put(z) 04-29-2011
Friday, April 29, 2011 - 6:35pm | 1067Cusick's Corner Some of you might have caught the subject line Married Put(z), this should not be confused with a Royal Put(z). That's enough of the Royals and wedding humor. At this stage the market it is getting a little harder to play the upside, at least buying outright stock with the market...
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WPX Energy Files $750M IPO, Led By Barclays, Citi, and JPMorgan -Bloomberg (C, JPM, BCS)
Friday, April 29, 2011 - 3:48pm | 76WPX Energy files $750M IPO and applies to list on NYSE under 'WPX'. The IPO will be led by Barclays (NYSE: BCS), Citi (NYSE: C), JPMorgan (NYSE: JPM). WPX Energy expects to issue up to $1.5B notes in a private offer. The class B stock will be held by the Williams Companies.
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Benzinga's Political Roundup (GS, JPM, CYB)
Friday, April 29, 2011 - 11:58am | 130European Union regulators are investigating 16 banks on antitrust concerns over credit default swaps. Goldman Sachs (NYSE: GS) and J.P. Morgan (NYSE: JPM) are among the banks being investigated. China's yuan (NYSE: CYB) moved past 6.50 per dollar today, as speculation comes that Beijing will...
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Charter will Hire Citi and Goldman Sachs to Sell California Systems -Bloomberg (CHTR, C, GS)
Friday, April 29, 2011 - 10:38am | 34Charter (NSDAQ: CHTR) will hire Citi (NYSE: C) and Goldman (NYSE: GS) to sell California Systems reports Bloomberg.
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European Union Probing Goldman, Others On Credit Default Swaps (GS, JPM, CS, BAC, MS)
Friday, April 29, 2011 - 8:16am | 369According to the Reuters report, the European Union is probing major banks all around the world over credit default swaps, and has opened two antitrust investigations on the matter. The European Commission said today it would investigate whether 16 investment banks and CDS market information...
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European Union Probes Goldman, JP Morgan, and Citigroup Over Credit Default Swaps
Friday, April 29, 2011 - 7:47am | 67Goldman Sachs (NYSE: GS), JP Morgan (NYSE: JPM), and Citigroup (NYSE: C) are among 16 banks facing antitrust probes by the European Union for credit default swaps for companies and sovereign debt. The EU will check if these banks colluded and shared market information.
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Big Banks being Probed by the EU Antitrust Agency -Bloomberg (GS, JPM)
Friday, April 29, 2011 - 7:02am | 41Several big banks are being probed by the EU Antitrust Agency says Bloomberg. Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM) are among the list.
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Goldman Sachs, JPMorgan & Other Investment Banks Face European Union Antitrust Probe (GS, JPM)
Friday, April 29, 2011 - 6:40am | 190Goldman Sachs Group, Inc. (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), and other investment banks face a European Union antitrust probe into credit-default swaps (CDS) and sovereign debt, the European Commission said Friday. According to a Bloomberg report, "The European Commission said it...
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Blackstone, Callaway May Bid For Fortune Golf Unit
Friday, April 29, 2011 - 5:03am | 338Private equity firm Blackstone (NYSE: BX) and Callaway Golf (NYSE: ELY), the maker of the Big Bertha driver, are reportedly mulling a partnership to bid for Fortune Brands' (NYSE: FO) golf business. A deal could be worth up to $1 billion, Reuters reported, citing sources close to the matter....
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CEOWORLD Top Stocks to Watch for 4/28/11- MCP, HDY, KOG, TIV, SSN, PZG, AIG, SIRI, LVS, DRYS, FAZ, RIMM, CSCO
Thursday, April 28, 2011 - 5:40am | 1509Molycorp Inc. (MCP) - Molycorp, Inc. is the only REO producer in the Western Hemisphere and currently produces more than 3,000 metric tons of commercial rare earth materials per year. In addition to its rare earth mine and processing facility at Mountain Pass, California, Molycorp also owns a...
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Bank Of America has Picked Thiel to Run the Merrill Lynch Brokerage Unit -Bloomberg (BAC)
Wednesday, April 27, 2011 - 3:56pm | 26Bloomberg reports that Bank of America (NYSE: BAC) has picked Thiel to run the Merrill Lynch brokerage unit.