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Icahn Proposes Tender Offer For Smaller Bond Holders
Tuesday, October 27, 2009 - 12:55pm | 83Carl Icahn proposes tender offer for smaller bond holders. Ichan said on CNBC that the small bond holders have been take advantage of. Icahn says he's trying to set an example of how bankruptcies should be handlend.. Icahn is telling bondholdeers to vote against this plan and he'll put a tender...
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5 Stocks with Highest ROE and PEG (ESI, LPHI, CBST)
Tuesday, October 27, 2009 - 10:51am | 173Below are interesting stocks on the NASDAQ and NYSE with the highest return on equity and PEG ratio. ITT Educational Services Inc (NYSE: ESI) has a return on equity of 157.78% and a PEG ratio of 0.74. Oppenheimer initiated the coverage of ESI with a “perform” rating. Life Partners Holdings Inc (...
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Stocks with the Best Value in the Market (GRMN, ATHR, GE, DOW, NYX, LUFK, BABY, SCVL, DELL)
Monday, October 26, 2009 - 10:34am | 246A short review of the market reveals that the time is ripe to find the best values. There are bargains to be had when you buy into solid companies with falling prices. It is also important that these bargain stocks have little debt and huge amounts of cash. Looking through stocks with good...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 12
Sunday, October 25, 2009 - 9:41pm | 2194Year 3, Week 12 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 86.5% (v 81.0% last week) 20 long bias: 10.5% (v 13.0% last week) 3 short bias: 3.5% (v 6.0% last week) 23 positions (vs 27 last week)...
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CIT Group Will Most Likely File For Bankruptcy If Reorg Plan Not Approved
Friday, October 23, 2009 - 1:58pm | 21CIT Group (CIT) will more than likely file for bankruptcy if reorg plan is not approved.
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5 NASDAQ Stocks with Highest 5-Y Earnings Growth (FSLR, HMIN, LPHI)
Friday, October 23, 2009 - 11:51am | 177Below are interesting stocks on the NASDAQ with the highest five year earnings growth. First Solar Inc (NASDAQ: FSLR) has a 5-year earnings growth rate of 306.37%. FSLR has a PEG ratio of 0.6. Janney Montgomery Scott initiated coverage of FSLR with a “buy” rating. Home Inns & Hotels Management...
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Benzinga's Top Financial Movers (CIT, COF, FBCM, TROW)
Friday, October 23, 2009 - 10:13am | 161CIT Group Inc. (NYSE: CIT) is looking strong today and moved up 8% in early morning trade and now trades at 1.21on high volume after The Wall Street Journal reported that the CIT has reached a tentative agreement with Goldman Sachs, easing the terms of a disputed loan and smoothing the way for CIT...
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5 Stocks with Highest ROA (LPHI, ESI, PDLI)
Thursday, October 22, 2009 - 1:37am | 161Below are interesting stocks on the NYSE and NASDAQ with the highest ROA. Life Partners Holdings Inc (NASDAQ: LPHI) has a return of asset of 54.74% and a PEG ratio of 0.66. LPHI shares have slid 45.72% over the past 52 weeks. ITT Educational Services Inc (NYSE: ESI) has a return of asset of 44.30...
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5 Stocks with Lowest P/B ratio and PEG (CIT, ADVNB, RAS)
Thursday, October 22, 2009 - 12:18am | 190Below are interesting stocks on the NASDAQ and the NYSE with the lowest P/B ratio. CIT Group Inc (NYSE: CIT) has a price to book ratio of 0.152. The sales growth estimate for this quarter is 96.3%. CIT shares have declined by 68.27% over the past 52 weeks. Advanta Corp (NASDAQ: ADVNB) has a price...
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CIT (CIT) Will Ask Carl Icahn For More Info Relating To His Proposal
Monday, October 19, 2009 - 3:32pm | 40CIT Group, Inc. (NYSE: CIT) acknowledges receiving Carl Icahn's letter. CIT said this is the first time CIT has received anything from ICahn. CIT will ask Carl Icahn for more information relating to his proposal.
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Bookkeeping: Stopped Out of Moody's (MCO) Short
Monday, October 19, 2009 - 1:31pm | 483Nothing like an insider trading scandal to rally a stock! At least in the new paradigm (well actually its no different than the old paradigm circa 1999 - just replace Alan flooding the world with dollars to Ben taking it up by a multiple of 50x) Market makers found a way to run Moody's (MCO) to $...
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Today's Morning Top Gainers (BEST, FIGI, ALLI, IPCS, KFN)
Monday, October 19, 2009 - 10:54am | 278Shiner International, Inc. (NASDAQ: BEST) is today’s top percentage gainer in morning trade and surged 30% today to $1.82 on an unusual huge volume of 1.73 million shares after today it announced that it has entered into a new contract with Shineway Group. The Company believes that this contact...
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Royal Bank of Canada (RBC) Sets Aside C$ 1 Billion for Buy-backs
Monday, October 19, 2009 - 7:57am | 129With the economy showing positive signs of recovery, Royal Bank of Canada (NYSE: RY) is expected to spend over $965 million on share buy-backs. This is mainly due to their preemptive efforts to protect themselves from loan losses due to the recession by preferred-share issues and purchasing of new...
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CIT (CIT) Close To Finalizing $3 Billion To $6 Billion Loan
Wednesday, October 14, 2009 - 3:40pm | 56According to Reuters, CIT Group Inc. (NYSE: CIT) is close to finalizing a $3 billion to $6 billion loan to pay off creditors. According to sources, Bank of America (NYSE: BAC) is arranging the financing for CIT. The CIT loan could be finalized as early as this week.
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NASDAQ OMX Group, Inc. (NDAQ) Signs Agreement with Kuwait Stock Exchange (KSE) to Provide Trading Technology and Strategic Advisory Services
Monday, October 12, 2009 - 6:19am | 78NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) has signed an agreement with the Kuwait Stock Exchange (KSE) to provide trading technology and strategic advisory services to its exchange. NASDAQ OMX will deliver technology for trading, surveillance and market data to KSE. The NASDAQ OMX Group, Inc. (NDAQ)is...