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Some Bullish Setups for Friday
Thursday, April 28, 2011 - 4:39pm | 1445( click to enlarge ) Shares of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) made a new 52 week high today closing at $10.36 on heavy volume. The stock hit a high of $10.50, which is now resistance for Friday's continuation move. If the stock can break through resistance, we should see...
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Preferred Bank Files Definitive Proxy Statement Seeking Approval for One-For-Five Reverse Stock Split (PFBC)
Thursday, April 28, 2011 - 3:02pm | 177Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, today reported that it had filed its Definitive Proxy Statement with the Federal Deposit Insurance Corporation for the annual meeting of shareholders...
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CORRECTION: Cullen/Frost Bankers Increases Quarterly Dividend by 5% to $0.46
Thursday, April 28, 2011 - 2:27pm | 19CORRECTION: Cullen/Frost Bankers (NYSE: CFR) Increases Quarterly Dividend by 5% to $0.46
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Companies with CEO Buys of Over 50k Shares in April 2011
Thursday, April 28, 2011 - 12:12pm | 395ParkerVision (NASDAQ: PRKR) ParkerVision, Inc. designs, develops and markets its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable...
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CORRECTION: German American Bancorp Reports EPS of $0.35 vs. $0.23
Thursday, April 28, 2011 - 10:43am | 18CORRECTION: German American Bancorp (NASDAQ: GABC) Reports EPS of $0.35 vs. $0.23
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German American Bancorp Reports EPS of $0.35 vs. $0.29
Thursday, April 28, 2011 - 10:42am | 17German American Bancorp (NASDAQ: GABC) Reports EPS of $0.35 vs. $0.29
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First Merchants Reports EPS of $0.17 vs. $0.09 Estimate (FRME)
Thursday, April 28, 2011 - 9:36am | 17First Merchants (NASDAQ: FRME) Reports EPS of $0.17 vs. $0.09 Estimate
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Stocks we are watching on 4/28- AMZN, LVLT, NFLX, BIDU, ORCL, YRCW, AMD, GS, POT, FCX, SNDK, IRE, AIB, CIGX, CTIC, AKAM, WFMI
Thursday, April 28, 2011 - 8:09am | 1328Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) broke out above $190 on Wednesday. AMZN will have resistance at $200. Pullbacks below $175 are a buy. Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back above $1.60. Level 3 Communications will have resistance at $1.85....
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Wunderlich Maintains Hold on Cullen/Frost Bankers (CFR)
Thursday, April 28, 2011 - 7:19am | 148Wunderlich is out with its report today on Cullen/Frost Bankers (NYSE: CFR), maintaining Hold. In a note to clients, Wunderlich writes, "We maintain our Hold rating on shares of Cullen/Frost Bankers, Inc. as well as our price target of $60 after Frost reported 1Q11 EPS of $0.85, which was a penny...
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J.P. Morgan Raises PT To $64 On CFR
Thursday, April 28, 2011 - 6:33am | 196J.P. Morgan has raised its price target on Cullen/Frost Bankers (NYSE: CFR) from $63 to $64, following a conference call with CEO Dick Evans. In the report, J.P. Morgan writes, “On the conference call, CEO Dick Evans pointed out that with competitors sitting on excess capital as well as liquidity...
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Thursday's Stocks to Watch and Trading Ideas
Wednesday, April 27, 2011 - 4:06pm | 3325( click to enlarge ) I'm back from my Easter vacations and willing to keep blogging for your reading. It was really a great time to unwind some of the pressure of markets and hope you all understand. During today's trading session I was scanning some charts and I stumbled upon Vonage Holdings...
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Columbia Banking Boosts Dividend to $0.05 from $0.03 (COLB)
Wednesday, April 27, 2011 - 2:44pm | 16Columbia Banking (NASDAQ: COLB) boosts dividend to $0.05 from $0.03.
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Columbia Banking System Announces Earnings for First Quarter 2011 and Declares Increased Cash Dividend
Wednesday, April 27, 2011 - 2:35pm | 184Columbia Banking System (NASDAQ: COLB) today announced net income applicable to common shareholders of $5.8 million for the quarter ended March 31, 2011, compared to $6.8 million for the same quarter of 2010. On a diluted earnings per common share basis, net income was $0.15 for the first quarter...
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Arrow Financial Corporation Announces $5 Million Stock Repurchase Program and Declares Cash Dividend
Wednesday, April 27, 2011 - 12:18pm | 79The Board of Directors of Arrow Financial Corporation (NASDAQ: AROW) on April 27, 2011 approved a stock repurchase program authorizing the repurchase, at the discretion of senior management, of up to $5 million of the Company's common stock over the next twelve months in open market or negotiated...
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Wunderlich Securities Reiterates IBERIABANK Buy, $70 PT (IBKC)
Wednesday, April 27, 2011 - 11:18am | 91Wunderlich Securities reiterated its IBERIABANK (NASDAQ: IBKC) Buy rating and $70 price target in a research report published today. In the report, Wunderlich Securities states, "The company's 1Q11 operating results beat consensus by $0.07 and matched our $0.58 estimate. Relatively solid loan and...