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JPMorgan Boosts Dimon's Pay (JPM)
Thursday, April 7, 2011 - 4:31pm | 28JPMorgan (NYSE: JPM) boosts dimon's base pay to $1.5m effective March 2011. JPM also boosts other named executives base pay to $750,000.
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The Long and Short of JPMorgan Chase & Co. (JPM)
Thursday, April 7, 2011 - 3:02pm | 307Shares of JPMorgan Chase & Co. (NYSE: JPM) are lower on the session by 1.05%, currently trading at $47.14. The company is scheduled to report earnings before the bell on April 13th. Playing stocks into earnings is often considered flat out gambling, but if done right, traders can take...
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Citi Is Oppenheimer's Favorite Stock "Right Here, Right Now" (C)
Thursday, April 7, 2011 - 7:55am | 87Oppenheimer's favorite stock “right here, right now, is Citi (NYSE: C), which has corrected 13% off its recent high and is trading right at tangible book value.” “We think this correction was driven mainly by an investor rotation away from emerging markets stories to focus on purer US recovery...
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Fast Money Pops & Drops, April 6th (PNRA, NOK, LPX, SWKS, C)
Wednesday, April 6, 2011 - 8:40pm | 234CNBC Fast Money's Guy Adami said on Fast Money Pops & Drops that Panera Bread Company (NASDAQ: PNRA) could drop additional $5. He added that the valuation looks a little bit stretched. Panera Bread Company (PNRA) fell 3.72% today, and closed at $123.90. Tim Seymour explained that Nokia...
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Benzinga's Top ETF Gainers, April 6th (BAL, SOXL, JJC, FAS)
Wednesday, April 6, 2011 - 7:30pm | 185iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) jumped 5.51% on Wednesday as cotton futures rebounded. BAL closed at $109.16, and it had a volume of 187K traded shares. Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) gained 4.90% as Cisco Systems, Inc. (NASDAQ: CSCO)...
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Straddle Earnings 04-06-2011
Wednesday, April 6, 2011 - 7:10pm | 959Cusick's Corner The market is now gearing up for earnings and a lot of readers are asking how can we strategize for these events. Strategically you can plan for these events based on your interpretation of volatility, and in options that is measured by Implied Volatility. This is confusing so I...
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QlikTech Appoints Deborah Hopkins, Chief Innovation Officer of Citi, To Its Board
Wednesday, April 6, 2011 - 4:20pm | 55Qlik Technologies Inc. (Nasdaq: QLIK), a leader in Business Discovery — user-driven Business Intelligence , today announced that Deborah Hopkins, chief innovation officer of Citi (NYSE: C), has joined its board of directors as an independent officer, becoming its eighth member.
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Financial Stocks Hold Markets Up
Wednesday, April 6, 2011 - 3:30pm | 333The financial stocks are the one strong sector in the market today. It was a strange trading session today as the major stock indexes such as the Dow Jones Industrial Average(DJIA), S&P 500 Index, and the NASDAQ Composite started the morning with a sharp gap higher open. However, all the major...
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Markets Defy Gravity And Here Is The Reason
Tuesday, April 5, 2011 - 3:53pm | 510This afternoon the major stock market indexes are holding on to some small minor gains. Nothing seems to stop this market from moving higher. WTI oil is trading over $108.00 a barrel. The United States Gasoline Fund(NYSE: UGA) is trading higher again by 0.43 to $51.75 a share which is a new 52 week...
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Bank Of America May Expand $20 Billion Clean Energy Lending (BAC)
Tuesday, April 5, 2011 - 1:59pm | 42Bank Of America May Expand $20 Billion Clean Energy Lending (NYSE: BAC) Benzinga recommends you take a look at the PowerShares WilderHill Clean Energy 'ETF' (NYSE: PBW)
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Financial Giants Continue To Lag
Tuesday, April 5, 2011 - 11:04am | 299Since the late February correction the financial stocks have lagged the major stock indexes. On March 16, 2011 the major stock indexes all made a pivot low, however, the large financial stocks have not rallied as much with most other sectors. The highly popular Financial Select SPDR Fund(NYSE: XLF...
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Benzinga's Top Upgrades (CTRP, COP, NSM, C)
Tuesday, April 5, 2011 - 8:19am | 134Ctrip.com International Ltd (NASDAQ: CTRP) was upgraded by Susquehanna from "neutral" to "positive." CTRP's shares closed at $42.84 yesterday. CTRP's trailing-twelve-month operating margin is 36.59%. JP Morgan upgraded ConocoPhillips (NYSE: COP) from “neutral” to “overweight.” COP's shares closed...
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A Peek Into The Market Before The Trading Starts
Tuesday, April 5, 2011 - 7:25am | 369Pre-open movers US stock futures are lower this morning, as investors are awaiting the release of the minutes of the latest Federal Reserve Open Market Committee (FOMC) meeting and ISM services-sector data. Futures for the Dow Jones Industrial Average dropped 28 points to 12,309.00, while those for...
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Bernstein Upgrades Citigroup To Outperform From Market Perform (C)
Tuesday, April 5, 2011 - 7:14am | 19Bernstein upgrades Citigroup (NYSE: C) today to Outperform from Market Perform.
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SEC Sought Information on Bank of America's Lending Reserves Last Year (BAC)
Tuesday, April 5, 2011 - 6:15am | 120The SEC sought information about a part of Bank of America's (NYSE: BAC) lending reserve last year, a company filing showed. Specifically, the Securities and Exchange Commission wanted information pertaining to its methodology of loan-loss reserves used to repurchase faulty home loans. In a...