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Cramer Bullish On NYX
Tuesday, February 16, 2010 - 3:06pm | 151CNBC's Jim Cramer was bullish today while interviewing NYSE Euronext’s (NYSE: NYX) CEO Duncan Niederauer. Jim mentioned that he liked the fact that NYX executed nicely on a beat and raise. NYX CEO Duncan Niederauer explained to Jim that NYX has largely increased their market share in options to 25....
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3 Stocks Rising On Abnormal Volume (PRAA, NIHD, MED)
Tuesday, February 16, 2010 - 12:37pm | 178Shares of Portfolio Recovery Associations (Nasdaq: PRAA) are +5.63% to the upside today on 752% times normal volume. The shares are trading at $55.50 after pushing a new 52-week high earlier today of $55.7481. This stock is on a technical break out as it market cap nears the $1 billion mark. NII...
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Top Performing Narrow Indexes Today
Friday, February 12, 2010 - 5:27pm | 178The Dow Jones Industrial Average and S&P 500 finished moderately lower today. The Nasdaq market moved 0.28% higher to close at 2,183.53. The top performing narrow indexes on the trading session were Bill Collector Stocks, which climbed 5.9%, Human Resources and Talent Management Stocks, which...
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Benzinga’s Volume Movers (SKIL, PRAA, CAKE, CGNX, PNRA)
Friday, February 12, 2010 - 4:09pm | 207SkillSoft plc (NASDAQ: SKIL) shares jumped 10.96% to $10.83. The volume of SKIL shares traded was 22109% higher than normal. SKIL announced today that it has agreed to be acquired by a group of private investors in a $1.1 billion cash transaction. Shares of Portfolio Recovery Associates, Inc (...
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Portfolio Recovery Assets Inc. (PRAA) All Set To Challenge Its Trailing 52 Week High
Friday, February 12, 2010 - 2:50pm | 141Portfolio Recovery Assets Inc. (NASDAQ: PRAA) climbed 14.85% by early afternoon trading on Friday after the company came out with Q4 earnings which beat the analysts’ expectations. Portfolio Recovery Assets Inc. (PRAA) has also been upgraded by Keefe Bruyette from “underperformer” to “market...
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BMO Analyst Hints To More Aggresive Rating In Future on NYX (NYX)
Friday, February 12, 2010 - 10:03am | 124We think this could be a good trading idea for individuals looking for stocks with potential for analyst upgrades. Shares of NYSE Euronext, Inc. (NYSE: NYX) are being reiterated with a Market Perform rating and a $25.00 price target at BMO Capital Markets. Although this may seem boring, we liked...
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Benzinga’s Top Upgrades (PTEN, QSII, EWBC, ENER, SNI, CVG, CME, CVC)
Thursday, February 11, 2010 - 2:47pm | 335Analysts at Capital One Southcoast upgraded Patterson-UTI Energy (NASDAQ: PTEN) to “add” from “neutral.” PTEN has soared 66.53% in the past 52 weeks, as compared to a 28.11% rise in the S&P500. Quality Systems (NASDAQ: QSII) was upgraded by Leerink from “market perform” to “outperform.” QSII...
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BMO Capital Markets Analyst Keeps CME Group At Outperform After Dow Jones Deal (CME, NWSA)
Thursday, February 11, 2010 - 10:19am | 110Analyst Michael Vinciquerra of BMO Capital Markets keeps his rating of outperform on CME Group (Nasdaq: CME). The report that was released today highlighted on the 90/10 join venture CME Group has made with Dow Jones & Company to take over the Dow Jones Indexes business. This deal is pending...
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IntercontinentalExchange, Inc. (ICE) Maintains A Market Perform Rating
Wednesday, February 10, 2010 - 5:17pm | 109Analysts David M. Scahrf and Kevane A. Wong at JMP Securities have maintained a Market Perform rating for IntercontinentalExchange, Inc. (NYSE: ICE). The company has reported results for the fourth-quarter. IntercontinentalExchange reported revenue of $257 million for the quarter, which came in...
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NYX Achieves Cost Reductions, Competitive Pressure Stabilizes
Wednesday, February 10, 2010 - 3:47pm | 138Analyst Rob Rutschow of CLSA upgrades NYSE Euronext (NYSE: NYX) from "underperform" to "outperform," while raising his estimates for the company. The target price for NYX has been raised from $26 to $27. According to CLSA, NYSE Euronext has made considerable progress in consolidating platforms and...
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Moody's Lowers NYSE Euronext Debt Ratings
Tuesday, February 9, 2010 - 3:00pm | 111Moody's Investors Service lowered its long-term debt rating on NYSE Euronext (NYSE: NYX), the owner of the New York Stock Exchange, "A3" from "A2," which is still investment grade. Moody's has a negative outlook on NYSE Euronext. Moody's also lowered its short-term rating for NYSE Euronext to Prime...
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NDAQ Beats Q4 Expectations, Reports Robust Cash Flows
Tuesday, February 9, 2010 - 11:53am | 137Analyst Daniel T Fannon of Jefferies & Co maintains his "buy" rating on Nasdaq OMX Group (NASDAQ: NDAQ), while reducing his estimates for the company. The target price for NDAQ has been reduced from $25 to $24. According to Jefferies & Co, Nasdaq OMX has reported its Q4 results marginally...
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Company News for February 9, 2010 - Corporate Summary
Tuesday, February 9, 2010 - 10:16am | 206• Biogen Idec (NASDAQ:BIIB) posted better-than-estimated fourth quarter results of $1.20, beating Zacks estimates of $1.05, on inline revenues of $1.1 billion. The company said it sees full year earnings of $4.50 a share • International Flavors and Fragrances (NYSE:IFF) reported fourth quarter...
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Stock Market News for February 9, 2010 - Market News
Tuesday, February 9, 2010 - 10:15am | 473Stocks took another plunge Monday with the Dow average closing below 10,000 for the first time in three months as lingering worries about European government finances and a potential regulation spooked investors. In a sign that sentiments remain jittery, some better-than-expected profit reports...
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NYSE Swings To Q4 Profits, Exceeds Expectations
Tuesday, February 9, 2010 - 8:51am | 152NYSE Euronext (NYSE: NYX) swung to net profits in Q4 as its cost-cutting efforts offset a decline in share trading volumes and market share. Trans-Atlantic stock-exchange operator NYX posted net profits of $172 million for the three months ended December 31, as compared to net losses of $1.34...