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Top Performing Industries For March 18 (NKE, ZIPR, FDX, CNC, GME)
Thursday, March 18, 2010 - 3:11pm | 356At 2:31 p.m., Dow gained 35.90, or 0.33%, to 10,769.57, while the broader Standard & Poor's 500 index fell 1.62, or 0.14%, to 1,164.59. The Nasdaq composite index added 1.39, or 0.06%, to 2390.48. The industries that are driving the market today are: Textile - Apparel Footwear & Accessories...
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Strategists Warn About The Financial Sector As The Financial ETF Sets A New 52-Week High
Wednesday, March 17, 2010 - 6:49pm | 2087The rally in the Financial Select Sector SPDR Fund (XLF) on Wednesday means the exchange-traded fund has more than doubled in value from a year ago. The ETF set a new 52-week high of $15.97 a share on Wednesday. One year ago on March 17, 2009, the fund touched a session low of $7.87, according to...
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Benzinga's Top ETF Gainers (DRN, IDX, FAS, ERX)
Wednesday, March 17, 2010 - 5:26pm | 334Real estate stocks traded on the upside today, just like Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN). This ETF corresponds to 300% of the price performance of the MSCI US REIT Index, whose main components are Simon Property Group, Inc (NYSE: SPG), Vornado Realty Trust (NYSE: VNO) and...
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Cousins Properties Inc. (CUZ) Upgraded From Sell To Hold Rating
Wednesday, March 17, 2010 - 1:18pm | 104Analysts John Guinee and Erin Aslakson at Stifel Nicolaus have upgraded Cousin Properties Inc. (NYSE: CUZ) from Sell to Hold rating. According to analysts, if the company is valued at book value, the implied cap rate would be roughly 8.6%. Analysts believe that the company will face many operating...
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Simon (SPG) Preparing A New Offer For General Growth (GGP)
Wednesday, March 17, 2010 - 12:41pm | 285Bloomberg has quoted an unidentified source to report that Simon Property Group, Inc. (NYSE: SPG) is in the process of preparing a new offer for General Growth Properties, Inc. (NYSE: GGP). Last month, Simon, the biggest US mall owner, had offered to purchase bankrupt General Growth for more than...
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Forestar (FOR) Well Positioned For Gradual Recovery In Real Estate
Monday, March 15, 2010 - 12:49pm | 180Analysts at Soleil Securities Group maintain their "buy" rating on Forestar Group (NYSE: FOR), while raising their estimates for the company. The target price for FOR is set to $26. According to Soleil Securities Group, “Forestar is well positioned for the gradual recovery in real estate, with a...
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Bidders For General Growth Properties (GGP) Look To Sovereign Wealth Funds For Support
Monday, March 15, 2010 - 9:17am | 288According to a report by the Financial Times, rival bidders for General Growth Properties, Inc. (NYSE: GGP) are looking to sovereign wealth funds (SWF) for financial support on the deal. General Growth Properties is the bankrupt owner of some of U.S’s biggest shopping malls. The bidders for the...
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Zacks Analyst Blog Highlights: Nasdaq OMX Group Inc., CME Group Inc., IntercontinentalExchange Inc., Bank of New York Mellon Corp. and PNC Financial Services Group - Press Releases
Friday, March 12, 2010 - 8:25am | 1166For Immediate Release Chicago, IL – March 12, 2010 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Nasdaq...
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Nasdaq Adds Newedge Clearing - Analyst Blog
Thursday, March 11, 2010 - 4:47pm | 445As reported by the Reuters on Wednesday, Nasdaq OMX Group Inc.’s (NDAQ) majority-owned International Derivatives Clearing Group (IDCG) has added Newedge USA, LLC, the world’s largest multi-asset brokerage and clearing firm, for offering a central counterparty clearing of Interest Rate Swap (IRS)...
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Top 5 NYSE Stocks In The Industrial Goods Sector With The Lowest PEG Ratio (XIN, GFA, DYP, ACO, DRC)
Thursday, March 11, 2010 - 9:28am | 218Below are the top industrial goods stocks on the NYSE in terms of PEG ratio. Xinyuan Real Estate Co Ltd (NYSE: XIN) has a PEG ratio of 0.13. XIN’s quarterly revenue growth is 210.90% y/y. Read more about this company here. Gafisa SA (NYSE: GFA) has a PEG ratio of 0.25. GFA’s quarterly earnings...
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E-House Holdings (EJ) Beats Estimates Soundly, Raises Guidance
Wednesday, March 10, 2010 - 9:52am | 923E-House Holdings (EJ), despite stellar earnings, seemed to go into a tailspin a few months ago due to fears of a percolating real estate bubble in parts of China. While the pace of news stories on that front has only increased of late (NYT - Skyrocketing Prices May Point to Real Estate Bubble in...
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General Growth Properties, Inc. (GGP) Gets Additional Funds From Investors
Tuesday, March 9, 2010 - 8:14am | 157According to a report by Bloomberg, General Growth Properties, Inc. (NYSE: GGP) has received an offer of $3.93 billion in investment from its biggest debt, and equity holders. This investment will give further boost to Brookfield Asset Management, Inc.’s (NYSE: BAM) plan to help General Growth out...
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Cramer On Mad Money Recommends JCG, MW, GNTX, DMA; Asks Investors To Avoid CRZO, CLNE
Monday, March 8, 2010 - 8:32am | 442On his "Mad Money" TV show on Friday, Jim Cramer told investors that the game plan for the week starting March 8 would be to focus on the sentiments conveyed by individual companies, rather than on macroeconomic data. Cramer recommended buying J Crew (NYSE: JCG) ahead of its earnings results....
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ZANE - Zanett Inc. Releases A Press Release Today And Was UP 582%!...
Thursday, March 4, 2010 - 8:51pm | 518About Zanett, Inc. Zanett is a leading business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) consulting firm serving Fortune 500 corporations and... [[ This is a content summary only. Visit my website for full links, other content, and more...
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Market Roundup (MXGL, RSH, TM, NOVL, VNO)
Wednesday, March 3, 2010 - 3:54pm | 246According to unidentified sources, Max Capital Group (NASDAQ: MXGL) will soon be announcing the purchase of privately-held Harbor Point Ltd for roughly $1.3 billion in a merger of property-casualty reinsurance firms. RadioShack (NYSE: RSH) shares are soaring high on rumors of a private-equity...