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Patriot Paranoia, Part II: Hayden Takes on the SPLC's Top Ten Conspiracy Theories – Martial Law and FEMA Camps
Sunday, August 28, 2011 - 8:21am | 4923Kevin Hayden - TruthisTreason.net Part II – Martial Law & FEMA Camp Conspiracy Theories Patriot Paranoia: Hayden Takes on the Southern Poverty Law Center's Top Ten Conspiracy Theories In this multi-part series, I'll be offering responses to each of the SPLC's Top Ten Conspiracy Theories. ...
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NYSE Announcement Regarding Hurricane Irene
Friday, August 26, 2011 - 1:34pm | 92As a follow-up to yesterday's announcement, NYSE Euronext (NYSE: NYX) continues to actively monitor the track of Hurricane Irene and the potential impact on New York City and the surrounding region in the days ahead. At this time all preparations are in place for NYSE, NYSE Arca, NYSE Amex, NYSE...
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Top 4 Small-Cap Stocks In The Financial Sector With The Highest Cash
Friday, August 26, 2011 - 3:22am | 143Below are the top small-cap financial stocks on the NYSE and the NASDAQ in terms of cash. Banco Bradesco SA (NYSE: BBD) had $76.65 billion in total cash and $164.34 billion in total debt for the latest quarter. MF Global Holdings Ltd (NYSE: MF) had $31.08 billion in total cash and $20.51 billion...
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CIT Establishes $2 Billion Committed Revolving Credit Facility
Thursday, August 25, 2011 - 5:34pm | 240CIT Group (NYSE: CIT) today announced that it successfully closed a new $2 billion committed revolving credit facility with a syndicate of key relationship banks. Proceeds from the new revolving credit facility and available corporate cash were used to fully repay and terminate CIT's outstanding $2...
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Doug Kass Buying Financial Names
Tuesday, August 23, 2011 - 11:59am | 85Doug Kass tweeted that he is buying a bevy of financial names. He said that his new buys are General Electric (NYSE: GE), KKR Financial Holdings LLC (NYSE: KFN), SLM Corp (NYSE: SLM) and American Express (NYSE: AXP). Kass is a notorious bear, and is contributor to CNBC, as well as TheStreet.com.
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NYSE Euronext-D Börse Merger Passes CFIUS Scrutiny -FT
Tuesday, August 23, 2011 - 6:53am | 129The proposed merger of Deutsche Börse (DBOEY) and NYSE Euronext (NYSE: NYX) is one step closer after the Committee on Foreign Investment in the United States gave its approval to the $9.4B deal. CFIUS is an inter-department government agency that examines takeovers of US assets by foreign companies...
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UPDATE: Sterne Agee Lowers PT on PHH Corp to $24
Monday, August 22, 2011 - 7:33am | 100Sterne Agee has published a research report on PHH Corp (NYSE: PHH) reducing the price target. In the report, Sterne Agee wrote, "The MBA's refi application index is already starting to respond to lower rates and those who can are lining up to start the refi process. We see this as fuel for a...
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Notable Put Options Activity in CIT Group
Thursday, August 18, 2011 - 9:37am | 101Shares of CIT Group (NYSE: CIT) are lower on the session by 5.83%, currently trading at $31.50. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the January...
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MarketAxess Holdings Soaring On Potential Sale
Wednesday, August 17, 2011 - 2:11pm | 95MarketAxess Holdings Inc. (NASDAQ: MKTX) shares are soaring today, gaining more than 13% after news hit last night the company could be up for sale. According to the Wall Street Journal, the company could be worth as much as $1.5 billion, should it decide to sell itself. MarketAxess , which is an...
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Morning Market Movers
Wednesday, August 17, 2011 - 8:53am | 111China Yida Holding Co (NASDAQ: CNYD) climbed 31.58% to $4.50 at 9:45 am. CNYD shares have dropped 66.21% over the past 52 weeks, while the S&P 500 index has gained 9.17% in the same period. MarketAxess Holdings Inc (NASDAQ: MKTX) shares advanced 21.79% to $29.29. MKTX is considering a sale,...
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Morning Market Movers
Wednesday, August 17, 2011 - 8:48am | 111China Yida Holding Co (NASDAQ: CNYD) climbed 31.58% to $4.50 at 9:45 am. CNYD shares have dropped 66.21% over the past 52 weeks, while the S&P 500 index has gained 9.17% in the same period. MarketAxess Holdings Inc (NASDAQ: MKTX) shares advanced 21.79% to $29.29. MKTX is considering a sale,...
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Top Performing Industries For August 16
Tuesday, August 16, 2011 - 9:09am | 176At 10:05 am, the Dow fell 1.00% to 11,368.17, the broader Standard & Poor's 500 index moved down 1.27% to 1,189.25 and the NASDAQ composite index dropped 1.46% to 2,517.99. The industries that are still afloat in the market today are: Major Airlines: This industry jumped 0.95% by 10:05 am....
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Benzinga's Top Pre-Market Losers
Tuesday, August 16, 2011 - 6:42am | 117Urban Outfitters Inc (NASDAQ: URBN) dipped 7.04% to $27.60 in the pre-market session. URBN reported a 21% decline in its profit for the fiscal second quarter. ITT Corporation (NYSE: ITT) moved down 4.26% to $44.97 in the pre-market session. ITT's trailing-twelve-month profit margin is 6.16%. NYSE...
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Options Brief: KKR Financial
Monday, August 15, 2011 - 10:49am | 79Shares of KKR Financial (NYSE: KFN) are higher on the session by 2.51%, trading at $8.16. Overall call volume is now running at 20.99x the daily average, with 50% of all calls traded being purchases on the offer. 6,025 contracts have traded on the session so far. KKR Financial Holdings LLC is a...
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Puts Purchased on KKR Financial Holdings
Friday, August 12, 2011 - 9:45am | 128Shares of KKR Financial Holdings (NYSE: KFN) are lower on the session by 2.08%, currently trading at $8.00. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while...