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FNB Fixed Investment Round Table: 3Q2010
Wednesday, August 25, 2010 - 8:14am | 2160By Cees Bruggemans, Chief Economist of FNB. This COMMENT is dedicated to the memory of Dr Charles Martin, Senior Economist at the BER, who tragically passed away last Thursday after this document had been completed. Charles was a good friend. We will miss him. Participants in the FNB Fixed...
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Cheviot Financial Corp. Announces Dividend of $.11 (CHEV)
Monday, August 23, 2010 - 10:43am | 42Cheviot Financial Corp. (NASDAQ: CHEV) has declared its dividend for the 3rd Quarter of 2010. The Company will pay a dividend of $0.11 per share to stockholders of record September 15, 2010. The dividend will be paid September 30, 2010.
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BofA Leads in HAMP; Pace Slowing - Analyst Blog
Sunday, August 22, 2010 - 4:33pm | 1005On Wednesday, Bank of America Corporation (BAC) announced that it has the maximum involvement in the U.S. government's Home Affordable Modification Program (HAMP), with more than 76,300 modifications till July 2010. Apart from that, about 100,000 customers who did not qualify for the government...
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Bad ETF Trade Idea Of The Week: Merger Arbitrage ETF
Saturday, August 21, 2010 - 8:24pm | 374August is typically a boring month for the markets, especially when it comes to mergers & acquisitions activity, but that theory was shattered this week with a spate of multi-billion M&A news. In the banking sector, First Niagara Financial (Nasdaq: FNFG) said it would acquire NewAlliance (...
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Stock Market News for August 20, 2010 - Market News
Friday, August 20, 2010 - 9:37am | 900Renewed concerns about the pace of the economic recovery sent investors away from stocks as a number of disappointing economic data indicated the pace of economic recovery is uneven. Benchmark indexes fell to their lowest close in nearly a month. The Dow Jones Industrial Average snapped a two-day...
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First Niagara Acquires NewAlliance - Analyst Blog
Friday, August 20, 2010 - 9:36am | 859Regional bank First Niagara Financial Group Inc. (FNFG) said on Thursday that it will acquire NewAlliance Bancshares Inc. (NAL) in a $1.5 billion cash and stock deal that would boost its presence in New England. This is the largest unassisted deal announcement in U.S. Banking since the financial...
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NASDAQ Stocks Hitting 52-Week Highs (INTX, LMAT, MNRO, THRD)
Wednesday, August 18, 2010 - 12:14pm | 154Intersections Inc (NASDAQ: INTX) shares reached $9.74 to create a new 52-week high, before falling to $9.65, representing a 5.12% gain. The Board of Directors of INTX had declared a regular quarterly cash dividend of $0.15 per share. LeMaitre Vascular Inc (NASDAQ: LMAT) shares rose 3.53% to touch a...
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Keefe Bruyette Has Market Perform Rating On Home Federal Bancorp (HOME)
Wednesday, August 18, 2010 - 8:17am | 132Keefe Bruyette & Woods has a Market Perform rating and $13 price target on shares of Home Federal Bancorp (NASDAQ: HOME) after the bank holding company announced an agreement with the FDIC to take over the assets of LibertyBank back in July. In a research report to investors Keefe Bruyette...
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Late Market Roundup
Tuesday, August 17, 2010 - 1:24pm | 271Crude-oil futures rebounded today from a 5-week low to reach the $76-per-barrel level. The rise in futures was driven by weakness in the US dollar, along with a rise in the stocks. Crude for September delivery rose 1.1% to $76.06 per barrel on the New York Mercantile Exchange (NYMEX). Shares of PMI...
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Cramer Bullish On Las Vegas Sands And More! (LVS, WYNN, BAC)
Tuesday, August 17, 2010 - 8:59am | 225Jim Cramer, on Monday’s CNBC's “Mad Money Lightning,” appeared bullish on the following stocks: Las Vegas Sands (NYSE: LVS), pre-market: $29.35, up 1.70%. Cramer is bullish on LVS due to its Asian exposure, however, he still prefers Wynn Resorts Ltd. (NASDAQ: WYNN), pre-market: $87.11, down 0.21%....
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Jim Cramer's Mad Money Lightning Round (LVS, WYNN, HCBK, WDC, JBL, VECO, CREE, BAC)
Monday, August 16, 2010 - 7:52pm | 349On CNBC's Mad Money Lightning Round, Jim Cramer said that Las Vegas Sands Corp. (NYSE: LVS) is one of the best stocks in the book, because it is levered to China and Asian gambling. But Cramer thinks that it would be better to sell Las Vegas Sands (LVS), and buy Wynn Resorts, Limited (NASDAQ: WYNN...
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The Not So Hot Stocks According To Cramer
Monday, August 16, 2010 - 7:59am | 222Jim Cramer, in Friday’s Mad Money Lighting Round , said a company is not deemed as “viable” simply due to its presence in the stock exchange. In fact, Cramer knew of companies that traded well past their “expiration date.” Jim cited the examples of General Motors, American International Group (NYSE...
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Consumer Stays Home - Retail Sales Flat 08-13-2010
Friday, August 13, 2010 - 2:57pm | 942Cusick’s Corner The data that came out this morning was encouraging on the surface, but in reality, when you take out car and gas sales, we’re still in a very fragile recovery. Small Caps, RUT, and Tech, XLK, continue to lag, weighing down a potential upside run. The lack of participation is these...
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Put Position Rolled on MGIC Investment Corp. (MTG)
Friday, August 13, 2010 - 11:54am | 199Shares of MGIC Investment Corp. (NYSE: MTG) are lower on the session by 0.41%, currently trading at $7.34. The stock has been moving largely lower over the past six months, off from a short covering high near $13.36. One options trader is rolling his or her put position on the name today. A short...
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Fed's Mood Altering Statement 08-10-2010
Tuesday, August 10, 2010 - 7:40pm | 783Cusick's Corner The Fed’s statement boosted the market’s mood and the market recovered more than half of the day’s earlier losses. The Fed announced that it would start investing proceeds from maturing mortgage securities (on a small scale) into government Treasury bonds, reassuring the market. The...