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Oppenheimer Upgrades Exxon Mobil, BB&T Corp. (XOM, BBT)
Thursday, January 6, 2011 - 10:28am | 38Oppenheimer makes the following upgrades: Exxon Mobil (NYSE: XOM) from Perform to Outperform. BB&T Corp. (NYSE: BBT) from Perform to Outperform.
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Benzinga's Top Downgrades (DG, STI, VRUS, TOL)
Thursday, January 6, 2011 - 9:35am | 138Dollar General Corporation (NYSE: DG) was downgraded by Nomura from "buy" to "neutral." DG's shares closed at $30.10 yesterday. Dollar General's trailing-twelve-month profit margin is 3.87%. SunTrust Banks Inc (NYSE: STI) was downgraded by Oppenheimer from "perform" to "underperform." STI's stock...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, January 6, 2011 - 9:33am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job Inc (JOBS) Bank of the Ozarks Inc (OZRK) Cott Corp (COT) HCP Inc (HCP) InterDigital Inc (IDCC) View the entire Zacks #1 Rank List. COTT CORP QUE (COT): Free Stock Analysis Report HCP INC (HCP): Free Stock Analysis...
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Oppenheimer Upgrades BBT To Outperform
Thursday, January 6, 2011 - 9:29am | 26Oppenheimer is upgrading BB&T Corporation (NYSE: BBT) to Outperform from Perform. BB&T Corporation closed Wednesday at $27.47.
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, January 6, 2011 - 9:14am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job Inc (JOBS) Bank of the Ozarks Inc (OZRK) Cott Corp (COT) HCP Inc (HCP) InterDigital Inc (IDCC) View the entire Zacks #1 Rank List. COTT CORP QUE (COT): Free Stock Analysis Report HCP INC (HCP): Free Stock Analysis...
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Credit Suisse Downgrades BBT To Underperform
Thursday, January 6, 2011 - 7:18am | 51Analysts at Credit Suisse downgrade BB&T Corporation (NYSE: BBT) from “neutral” to “underperform.” The target price for BBT has been lowered from $29 to $28. BBT shares rose 2.92% to close at $27.47 yesterday. More Analyst Ratings here
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First BanCorp Announces 1-For-15 Reverse Stock Split 1-7-11
Wednesday, January 5, 2011 - 5:31pm | 36First BanCorp (NYSE: FBP) announced today that, effective as of 12:01 am January 7, 2011, it is implementing a one-for-fifteen reverse stock split of all outstanding shares of its common stock.
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W. Thomas Mears Elected to Board of Shore Bank
Wednesday, January 5, 2011 - 5:15pm | 68Hampton Roads Bankshares, Inc. (Nasdaq: HMPR), the holding company for Bank of Hampton Roads and Shore Bank, today announced that W. Thomas Mears had been elected to the Bank's Board of Directors effective January 3, 2011, coincident with the beginning of his tenure as the Bank's President and CEO...
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Webster Promotes Jerry Plush to Vice Chairman and COO
Wednesday, January 5, 2011 - 12:01pm | 66Webster Financial Corporation (NYSE: WBS), the parent of Webster Bank, announced today that Gerald P. Plush, senior executive vice president and chief financial officer, has been promoted to vice chairman and chief operating officer of the holding company and the bank, effective immediately. Plush...
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Top Performing Industries For January 5 (BBW, PCLN, MIPS, WBNK)
Wednesday, January 5, 2011 - 11:41am | 202At 10:38 am, the Dow fell 0.14% to 11,674.83, the broader Standard & Poor's 500 index moved down 0.08% to 1,269.22 and the NASDAQ composite index rose 0.12% to 2,684.45. The industries that are supporting the market today are: Toy & Hobby Stores: This industry jumped 2.17% by 10:38 am. The...
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Jefferies Downgrades Zions Bancorp to Hold (ZION)
Wednesday, January 5, 2011 - 10:56am | 138Jefferies is out with a research report this morning, where it downgrades shares of Zions Bancorp (NASDAQ: ZION) to Hold, from Buy; it has a $26.00 price target on the stock. The Jefferies analysts cited valuation as the main culprit for the downgrade as ZION now trades at 1.25x tangible book vs....
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Wunderlich Downgrades Pinnacle Financial to Hold (PNFP)
Wednesday, January 5, 2011 - 10:35am | 18Wunderlich downgrades Pinnacle Financial (NASDAQ: PNFP) from Buy to Hold
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Education Realty to Offer Shares - Analyst Blog
Wednesday, January 5, 2011 - 10:03am | 493Education Realty Trust Inc. (EDR), a real estate investment trust (REIT) that owns, develops, and operates collegiate housing properties across the U.S., has recently announced its offer of 9.5 million common shares to raise cash and increase its liquidity. The company will also grant the...
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Education Realty to Offer Shares - Analyst Blog
Wednesday, January 5, 2011 - 9:30am | 493Education Realty Trust Inc. (EDR), a real estate investment trust (REIT) that owns, develops, and operates collegiate housing properties across the U.S., has recently announced its offer of 9.5 million common shares to raise cash and increase its liquidity. The company will also grant the...
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Benzinga's Top Pre-Market NASDAQ Losers (LOGI, XOMA, ASML, HBAN)
Wednesday, January 5, 2011 - 9:25am | 123Logitech International SA (NASDAQ: LOGI) dipped 3.31% to $17.82 in the pre-market session. Analysts at Avondale downgraded LOGI from “market perform” to “market underperform.” XOMA Ltd (NASDAQ: XOMA) lost 2.94% to $7.09 in the pre-market session. XOMA signed a deal with Les Laboratoires Servier for...