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Stocks To Look For On April 14 (JPM, JBHT, PGR, YUM, GWW)
Wednesday, April 14, 2010 - 5:34am | 231Some of the shares that are expected to see active trading in today’s session are: JP Morgan Chase & Co (NYSE: JPM) is due to report its quarterly results before the opening bell. JPM expects to post its EPS at $0.64. JPM has added 0.61% in after hours trading. JB Hunt (NASDAQ: JBHT) expects...
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Top Stocks of New Hampshire
Wednesday, April 14, 2010 - 2:19am | 839New Hampshire is a manufacturing and exporting state. In 2008 more than 20% of all manufacturing output was sold in the international market. New Hampshire has a solid manufacturing industry producing electrical products, machinery, textiles and pulp and paper. The granite state produces much more...
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Munich Re Looking To Acquire XL Capital (XL)
Tuesday, April 13, 2010 - 7:18pm | 144Bermuda-based reinsurer, XL Capital Ltd. (NYSE: XL) is being seen as an attractive acquisition target. According to MarketWatch, Germany’s Munich Re has emerged as the strongest suitor for the firm. Munich Re is looking to increase its presence in the US. One of the world’s largest reinsurers,...
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All In A Day’s Work; ABK Surges 50%, Loses All Gains And Declines As Much As 12%
Tuesday, April 13, 2010 - 3:30pm | 273Ambac Financial Group, Inc (NYSE: ABK) continued its upward movement today and surged as much as 50% in the early part of the trading day, before losing its gains altogether. The bond insurer's shares have rallied since Ambac Financial announced quarterly profits on late Thursday. The company had...
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Benzinga’s Top Downgrades (CPKI, NATL, WDC, STX, MON)
Tuesday, April 13, 2010 - 1:50pm | 170California Pizza Kitchen Inc (NASDAQ: CPKI) was downgraded by B Riley from “buy” to “neutral.” CPKI’s shares have jumped 56.65% year to date. Stifel Nicolaus downgraded National Interstate Corporation (NASDAQ: NATL) from “hold” to “sell.” NATL’s shares had lost 2.30% to $19.94 by 12:29 am. The 52-...
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Front Month Volatility Explodes in Ambac
Tuesday, April 13, 2010 - 1:13pm | 216Ambac Financial Group (NYSE: ABK), the once troubled (well…still a little trouble) bond insurer has been rallying immensely over the past few days, rising from a low of $0.51 just a week ago to $3.39 earlier this morning, before selling off to its current price of $2.64, up over 17% on the session...
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Ambac (ABK) - The Circle of Life
Tuesday, April 13, 2010 - 11:11am | 801Where is Charlie Gasparino when you need him? That joke will only resonate with those who were around in January-March 2008ish and were subjected to the nearly daily market rally at 3:45 PM when Charlie would show up on CNBC blurbing about a government rescue for Ambac or MBIA. [Apr 23, 2008:...
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Top 5 Stocks In The Surety & Title Insurance Industry With Highest EPS (ABK, STC, SUR, FAF, FNF)
Tuesday, April 13, 2010 - 5:41am | 205Below are the top 5 surety & title insurance stocks in terms of earnings. Ambac Financial Group, Inc (NYSE: ABK) earned $7.6 per share in the latest quarter. ABK had $1.49 billion in cash in the latest quarter. Stewart Information Services Corp (NYSE: STC) earned $1.46 per share in the latest...
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Top Stocks In The Surety & Title Insurance Industry With The Highest Dividend Yield (ORI, FNF, FAF, STC)
Tuesday, April 13, 2010 - 5:00am | 159Below are the top surety & title insurance stocks in terms of dividend yield. Old Republic International Corp (NYSE: ORI) has a dividend yield of 5.2. Wunderlich initiated coverage of ORI with a “buy” rating. Fidelity National Financial, Inc (NYSE: FNF) has a dividend yield of 4.1. FNF’s shares...
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Top 5 Stocks In The Surety & Title Insurance Industry With Highest Revenue Estimates (FAF, FNF, ORI, STC, MTG)
Tuesday, April 13, 2010 - 4:59am | 207Below are the top 5 surety & title insurance stocks in terms of revenue estimates. First American Corp (NYSE: FAF) is expected to generate $5.73 billion in revenues this year. Keefe Bruyette upgraded FAF from “market perform” to “outperform.” Fidelity National Financial, Inc (NYSE: FNF) is...
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The Top Stocks for Trading
Tuesday, April 13, 2010 - 12:07am | 398One old trader used to say "High beta is bettah!", meaning that a high beta on a stock is better for trading. Beta is the relation of the percentage change of a stock with that of the stock market as a whole. In other words, if a stock has a beta of 1, then the stock generally follows the market...
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Benzinga's After Hours Gainers (ABK, BJ, SUN, COWN)
Monday, April 12, 2010 - 7:08pm | 285Among the stocks that are moving in the after hours this evening are Ambac Financial (NYSE: ABK), BJ's Wholesale Club (NYSE: BJ), Sunoco (NYSE: SUN), and Cowen & Co. (NASDAQ: COWN). During the regular trading session, shares of Ambac Financial (ABK) gained an incredible 104%, closing at $2.25...
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Jim Cramer's Opinion On OTTR, SNV, ACE
Friday, April 9, 2010 - 7:50pm | 214CNBC Mad Money's Jim Cramer said in the segment of his show called Lightning Round OT that he likes Otter Tail Corporation (NASDAQ: OTTR) because it has a 5% yield. Otter Tail Corporation (NASDAQ: OTTR) fell in the opening to $21.50, but it managed to recover and close at $21.87. Cramer wanted to...
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Insurer Stocks Going Strong (ABK, PMI)
Friday, April 9, 2010 - 2:40pm | 127Ambac Financial Group, Inc (NYSE: ABK) has surged 76% to $1.13 after reporting a fourth-quarter net income of $558.1 million. The company had recorded a tax benefit and unrealized gains on derivatives during the quarter. ABK, which admitted having “insufficient capital” to finance itself after the...
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Conning Says With American International Group Inc.’s (AIG) Sales The “Lid Is Being Released” On Deals
Friday, April 9, 2010 - 1:01pm | 339According to a report by Bloomberg, it now seems that American International Group Inc.’s (NYSE: AIG) agreements to sell a couple of life divisions for more than $50 billion in the first quarter just might break the two-year period of declining insurance deals. According to a report by the advisory...