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GDP Growth Rally Stocks In Wall Street (BA, CVX, CAT, JPM, MMM, TRV, WMT, PG, XOM, BP, RDS.A)
Thursday, October 29, 2009 - 3:06pm | 216Investors Sold off shares on Wednesday with expectation of poor GDP numbers. They pleasantly surprised to find that the GDP grew at an annualized rate of 3.5%, better than the 3.2% that analysts expected. These numbers show that recovery is on track and will continue to heal. As a result of the...
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Bookkeeping: Closing Out First American (FAF) Post Earnings
Thursday, October 29, 2009 - 2:50pm | 756First American (FAF), a title insurance firm (predominantly) reported earnings today and while they are very good on the quarter they are guiding for some softness go forward. This is not a surprise since the threat of the end of Cash for Cul-de-Sacs plus seasonality (more homes sell in spring,...
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XL Capital Sees Heavy Options Trade Ahead Of Today's Earnings Report
Wednesday, October 28, 2009 - 3:16pm | 89XL Capital (NYSE: XL), the commerical reinsurance firm, reports earnings today after the close at 5 PM EST and options bulls are charging into the April 17.50 calls buying more than 11,000 of those contracts. That activity follows up massive put selling in XL Capital yesterday when 21,200 January...
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5 Stocks with Highest Sales Growth Estimates (MXGL, AGO, WFC)
Wednesday, October 28, 2009 - 11:09am | 202Below are interesting stocks on the NASDAQ and NYSE with the highest return on equity and PEG ratio. Max Capital Group Ltd (NASDAQ: MXGL) has a consensus sales growth estimate of 2,860% for the September quarter. MXGL has a PEG ratio of 0.66. RBC Capital Markets upgraded MXGL from “sector perform”...
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5 Stocks With Highest Operating Margin and PEG (AGO, NYB, KCAP)
Monday, October 26, 2009 - 11:18am | 164Below are interesting stocks on the NYSE and NASDAQ that have highest operating margins and PEG. Assured Guaranty Ltd (NYSE: AGO) has the operating margin of 702.78 and a PEG ratio of 0.55. JP Morgan upgraded AGO from “neutral” to “overweight.” New York Community Bancorp Inc (NYSE: NYB) has the...
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Meadowbrook Ins Group Inc (NYSE:MIG) High Gain of Implied Volatility.
Friday, October 23, 2009 - 12:44pm | 74Meadowbrook Ins Group Inc (NYSE: MIG) High Gain of Implied Volatility. This stock’s impiled volatility has skyrocketed from a historical 30 day average of 33 to over 315 in just few days. This spike in implied volatility generally makes options premiums go up and hence more expensive. An...
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Top Financial Movers (PNC, TRV, BANR, AMP)
Thursday, October 22, 2009 - 11:58am | 139PNC Financial Services (NYSE: PNC) moved up 10.77% to $49.80 after it reported net income of $559 million, or $1.00 per diluted common share, for the third quarter of 2009 compared with net income of $207 million, or $.14 per diluted common share, for the second quarter of 2009. While The Travelers...
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Fund Performance Period 10
Tuesday, October 13, 2009 - 4:28pm | 3764As a reminder, if you are interested in this type of fund as a worthwhile consideration for future investment, please consider reading why this blog exists. [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch] [May 26, 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund...
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First American Corporation (FAF) Builds Mortgage Industry's Comprehensive National Fraud Data Repository
Tuesday, October 13, 2009 - 9:29am | 79First American CoreLogic, a member of The First American Corporation (NYSE: FAF) has built a comprehensive national fraud data repository for mortgage indusgtry to help to combat all types of mortgage fraud and to further enhance the predictive performance of its anti-fraud solutions. First...
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Biggest Losers (VG, RPRX, STC, SVNT, RINO)
Thursday, October 8, 2009 - 11:40am | 213Vonage Holdings Corp. (NYSE: VG) corrected 11.06% to $1.78 after yesterday’s rally of about 39%. Yesterday, Citigroup raised its price target to $1.50 from $0.50 despite maintaining a HOLD rating. Repros Therapeutics Inc. (NASDAQ: RPRX) plummeted 22.58% to $1.44 on unusual volume of 7.49 million...
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First Mercury Financial (FMR) Appoints E. Edward Camp as Executive Vice President and Chief Underwriting Officer
Wednesday, October 7, 2009 - 5:31am | 95E. Edward Camp is appointed as Executive Vice President and Chief Underwriting Officer of First Mercury Financial Corporation (NYSE: FMR) . Mr. Camp has over 23 years of experience in the insurance industry. First Mercury provides insurance products and services primarily to the specialty...
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Bookkeeping: Many Limit Orders Hit
Friday, October 2, 2009 - 10:51am | 564I had a bevy of limit orders hit this morning - these are all mechanical trades that I set out earlier and just happened to hit at once this morning. First the limit purchases - these are not huge purchases but get us some exposure at far better prices than were to be had the past few weeks. All...
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Meadowbrook Insurance Group, Inc. (MIG) Repurchases Directors’ Share
Wednesday, September 30, 2009 - 3:57am | 74Meadowbrook Insurance Group, Inc. (NYSE: MIG) a leader in the specialty program management market, has repurchased 300,000 shares of Meadowbrook common stock beneficially owned by the Company's Director, Mr. Jeffrey Maffett at a price of price $7.72 per share. After the sale of the 300,...
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Stocks to Watch (ASTC,MBI,SQNM,SIMG,NKE,DRI)
Tuesday, September 29, 2009 - 5:16am | 270Astrotech Corp. (NASDAQ: ASTC) rose 74.42% to $2.10 in after hours trading after, the provider of satellite launch preparation services, said it’s exploring options to boost shareholder value, including a sale of the company. MBIA Inc. (NYSE: MBI) slipped over 72% to $7.64 aftert he largest bond...
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Top Traded Stocks (F,CRBC,INTC,AMR,XLNX)
Wednesday, September 23, 2009 - 11:53am | 363Ford Motor Company (NYSE: F) is the top traded stock and surged 5.40% to $7.39 on 54.45 million shares against an average volume of 117.52 million shares after company CEO Allan Mulally said the company is expecting US auto sales to rise over the next two years as the global economy recovers from...