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Capitalize on Rising Sugar Prices (SGG)
Thursday, July 22, 2010 - 4:30am | 622Sugarcane, native to South and Southeast Asia, has been used since ancient times to sweeten food and drinks. It was a relatively obscure plant until the Middle Ages when people figured out how to refine, store, and trade it. Sugar eventually replaced honey as the world’s most popular sweetening...
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Analysts See Opportunity In AAPL, GOOG, V, AZO, CME, ABV, IBM
Tuesday, July 20, 2010 - 7:16pm | 229Scott Kessler, an analyst at Standard & Poor's, said on CNBC that he is bullish on Google Inc. (NASDAQ: GOOG), Apple (NASDAQ: AAPL) and Visa (NYSE: V). He explained that although some people might think that these stocks are expensive, he believes that they should be bought. Just because the...
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Moody’s Cuts Ireland’s Credit Rating (MCO)
Monday, July 19, 2010 - 11:24am | 132Moody’s Investors Service (NYSE: MCO) downgraded Ireland's credit rating one notch, to Aa2 from Aa1, citing a weak banking system and rising debt according to a report from the New York Times. Even with the downgrade, Ireland still remains comfortably above junk level. Moody’s also changed the...
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24/7 Wall St. CEOs Who Need to be Fired: Nine for 2010
Monday, July 19, 2010 - 8:03am | 481Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards. All the CEOs are on this list for simple reasons. The first is that...
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24/7 Wall St. CEOs Who Need to be Fired: Nine for 2010
Friday, July 16, 2010 - 11:34am | 168Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should be let go by their boards. All the CEOs are on this list for simple reasons. The first is that...
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Benzinga’s Volume Movers (IBKR, ENSG, CLNE, SINA)
Thursday, July 15, 2010 - 2:16pm | 168Interactive Brokers Group Inc (NASDAQ: IBKR) shares gained 3.64% to $17.63 at 12:54 pm. The volume of IBKR shares traded was 267% higher than normal. IBKR had $23.73 billion of total cash in the latest quarter, while it had $624.22 million of total debt in the same period. The Ensign Group Inc (...
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Calls Sold on CIT Group (CIT)
Thursday, July 15, 2010 - 10:33am | 151Shares of CIT Group Inc. (NYSE: CIT) are lower on the session by 1.88%, currently trading at $36.56. The stock has been trading largely lower over the past three months and is currently in a technical downtrend; the stock is now at the technical sell point. Options traders are selling calls today...
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Interactive Brokers to Join S&P Small-Cap 600 Index (IBKR)
Thursday, July 15, 2010 - 8:12am | 79After the close on Wednesday, Standard & Poor's announced the addition of Interactive Brokers Group Inc. (NASDAQ: IBKR) to the S&P Small-Cap 600 Index, effective after the close on Tuesday, July 20. Keefe, Bruyette & Woods Inc., which maintains an Underperform rating on shares of...
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Top 4 Stocks In The Credit Services Industry With The Highest Profit Margin (PRS, FSC, AGM, CACC)
Wednesday, July 14, 2010 - 6:15am | 137Below are the top credit services stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Primus Guaranty Ltd (NYSE: PRS) is 92.98%. PRS’ quarterly revenue jumped 67.60% y/y. The trailing-twelve-month profit margin at Fifth Street Finance Corporation...
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Jefferies Maintains "Buy" Rating On EMC
Wednesday, July 7, 2010 - 7:47am | 86Jefferies & Co. reiterated its "buy" rating on data storage giant EMC (NYSE: EMC) following the company's purchase of privately-held Greenplum, a move Jefferies says will allow EMC to participate in the fast-growing data warehousing and analytics market. Jefferies has a $25 price target on EMC...
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Jefferies Reiterates Buy Rating On CME Group (CME)
Tuesday, July 6, 2010 - 10:35am | 109Trading volumes at CME Group (NASDAQ: CME) were down sequentially in June compared to May, but according to a report released by Jefferies, "the majority of product segments continue to exhibit favorable year-over-year growth." CME reported ADV of 12.2 million for the month of June compared to 16.8...
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Sterne Agee Maintains Buy On CIT Group, Inc. (CIT)
Friday, July 2, 2010 - 5:40pm | 88CIT Group Inc. (NYSE: CIT) announced that it has sold almost $500 Million in corporate finance loans. CIT announced new committed conduit facilities for its trade finance & European Vendor finance businesses. By utilizing the combined resources, the company has reduced its 1st lien debt to $4...
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Gainers And Losers On July 2
Friday, July 2, 2010 - 3:49pm | 175In the last hour of the trade, the Dow has narrowed the losses to 22 points. Some of the stocks that have made noteworthy movements in the market today are: Gainers Orient Paper Inc (NYSE: ONP) – Surged 44.20% Thor Industries Inc (NYSE: THO) – Advanced 11.53% Red Robin Gourmet Burgers Inc (NASDAQ:...
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Calls Purchased on KKR Financial (KFN)
Friday, July 2, 2010 - 12:23pm | 132Shares of KKR Financial Holdings LLC (NYSE: KFN) are lower on the session by 4.40%, currently trading at $7.17. The stock has been trading largely lower over the past three months and is now nearing a critical support level, at $7.50. Options traders are betting the level holds and are buying...
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KBW Reiterates Outperform for MSCI On Solid F2Q Earnings (MXB)
Friday, July 2, 2010 - 8:44am | 102MSCI Inc. (NYSE: MXB) released F2Q10 earnings which modestly beat consensus. EPS rose to $0.35, beating consensus estimates of $0.31. MSCI is a provider of investment decision support tools, including risk and performance analytics for equity and fixed income. Keefe, Bruyette, and Woods analyst...