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PowerShares Small Cap Sector ETFs Hit the Tape
Thursday, April 8, 2010 - 3:02am | 1157PowerShares launched a suite of small-cap sector ETFs based on the S&P SmallCap 600 Index yesterday (4/7/10). These nine new ETFs are the first to provide sector-specific exposure within the U.S. small-cap stock market. I have long been a fan of sector and industry-focused funds, and I warmly...
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SNH Down To Hold At Stifel Nicolaus
Wednesday, April 7, 2010 - 10:31am | 39Analysts at Stifel Nicolaus downgrade Senior Housing (NYSE: SNH) from “buy” to “hold.” Shares of SNH closed at $23.35 yesterday. More Analyst Ratings here.
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Stifel Nicolaus Rates Public Storage (NYSE: PSA) as Buy; Increases Price Target
Monday, April 5, 2010 - 11:01am | 172Analysts at Stifel Nicolaus elevated Public Storage (NYSE: PSA) to Buy and increased the price target for the stock from $88.00 to $99.00. Commenting on the factors underlying this evaluation, analysts said, “[The] company announced an agreement to buy 30 self-storage facilities or 1.9 million...
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Is The Rebound In Real Estate ETFs Here To Stay?
Friday, April 2, 2010 - 11:33pm | 1730“In mid-2009 we asked whether real estate investment trust ETFs had priced in a predicted tidal wave of commercial real estate foreclosures. We concluded prices had fallen so far they could well be at fair market value. Those prices were fair indeed. REITs have nearly doubled in the past year. How...
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The Stock That's Up 964% Year to Date
Wednesday, March 31, 2010 - 1:02pm | 233I can think of a few stocks that have risen substantially since the beginning of the year, but there appears to be only one stock with a market capitalization above $250 million that is up almost 1000%. Element92 Resources Corporation (ELRE.OB) is an exploration mining company specializing in...
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The Government’s Mortgage Modification Program May Hurt The Bottom Line Of The Banks In The Financial ETF
Monday, March 29, 2010 - 2:21pm | 2492“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan Chase & Co (NYSE: JPM) and others, as the housing market appears to be at the beginning of a second...
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LHO Target Price Raised On Liquidity Position
Friday, March 26, 2010 - 11:16am | 130Analysts at Stifel Nicolaus & Company reiterate their "buy" rating on LaSalle Hotel Properties (NYSE: LHO), while raising their estimates for the company. The target price for LHO has been raised from $22 to $25. According to Stifel Nicolaus & Company, “Smith Travel has reported three...
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Volume Talks Wednesday: A Bullish Biotech Breakout Option Play
Thursday, March 25, 2010 - 9:02am | 2954Today's breakout report is for Wednesday March 24, 2010. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to the list of stocks. To reiterate previous blog posts...
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Top Performing Industries For March 24 (PMI, BEE, PLCM, PHHM, CNTY)
Wednesday, March 24, 2010 - 3:05pm | 358At 2:23 p.m., Dow lost 38.47, or 0.35%, to 10,850.36, while the broader Standard & Poor's 500 index fell 5.48, or 0.47%, to 1,168.69. The Nasdaq composite index moved down 13.64, or 0.56%, to 2401.60. The industries that are driving the market today are: Surety & Title Insurance: The top...
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Top Narrow Based Indexes For March 24 (PMI, CAGC, BEE)
Wednesday, March 24, 2010 - 2:09pm | 256The markets were disappointing today, with the Dow Jones Industrial Average falling around 51 points to 10,837.36 and the S&P 500 slipping 6.14 points. All the three major indexes are trading in the red on investor pessimism after Fitch Ratings downgraded Portugal to AA- from AA. Some of the...
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FCH Upgraded On Positive Industry Demand Trends
Wednesday, March 24, 2010 - 9:03am | 66Analysts at FBR Capital upgrade Felcor Lodging (NYSE: FCH) from "market perform" to "outperform." The target price for FCH is set to $6.50. According to FBR Capital, the upgrade in the rating is based on positive demand trends in the industry. FCH’s shares closed at $5.22 yesterday. More Analyst...
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Benzinga’s Top Downgrades (PETM, STRA, VTR, AFL, TS)
Tuesday, March 23, 2010 - 10:06am | 249PetSmart Inc (NASDAQ: PETM) was downgraded by Janney Montgomery Scott from “buy” to “neutral.” PETM lost 1.45% to $31.28 at 9:40 am. PETM has a 52-week trading range of $19.32-$31.88. Read more about this company here. RBC Capital Markets downgraded Strayer Education Inc (NASDAQ: STRA) from “top...
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Monmouth Real Estate Investment Corporation Gains Inclusion In The Wilshire US REIT ETF (WREI)
Monday, March 22, 2010 - 10:38pm | 2419Monmouth Real Estate Investment Corporation (Nasdaq: MNRTA) is proud to announce that it was added to the Wilshire US Real Estate Investment Trust Index(SM) (Wilshire US REIT Index(SM) ) effective after the markets closed on March 19, 2010 in conjunction with the quarterly rebalancing of the...
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RW Baird Downgrades HCP On Valuation
Thursday, March 18, 2010 - 8:32am | 78Analysts at RW Baird downgrade HCP Inc (NYSE: HCP) from "neutral" to "underperform." The target price for HCP is set to $30. According to RW Baird, the downgrade in rating is based on valuation. Analysts at RW Baird believes that the valuation of HCP’s stock is not consistent with near term...
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HCN Downgraded On Valuation
Thursday, March 18, 2010 - 8:31am | 70Analysts at RW Baird downgrade Health Care (NYSE: HCN) from "neutral" to "underperform." The target price for HCN is set to $42. According to RW Baird, the downgrade in rating is based on valuation, which is not justified by the near term fundamentals. HCN’s shares gained 0.50% to close at $46.21...