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Piper Jaffray Believes the Pullback in OCN is a Buying Opportunity (OCN)
Friday, July 16, 2010 - 9:45am | 340Piper Jaffray is out with a research report this morning, where it reiterates its Overweight rating on shares of Ocwen Financial Corp. (NYSE: OCN). The PJ analysts said, “We are reiterating our Overweight rating on OCN as we view the risk/reward as compelling given a recent 20% pullback on a "sell...
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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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BYFC Soars On 49% Rise In Q1 Earnings
Thursday, July 8, 2010 - 1:29pm | 96Shares of Broadway Financial Corporation (NASDAQ: BYFC) rocketed higher as the company reported a sharp rise in its Q1 earnings due to an increase in net interest income. The Los Angeles, California-based company’s Q1 earnings rose 49% to $0.39 per diluted common share, from $0.29 per diluted...
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Mid-Day Market Movers (BYFC, SNBC, INS, ACAP)
Thursday, July 8, 2010 - 11:44am | 138Broadway Financial Corporation (NASDAQ: BYFC) jumped 47.27% to $3.24 by 10:44 am. BYFC has reported a 49% year/year rise in its Q1 earnings. Sun Bancorp Inc (NASDAQ: SNBC) shares surged 38.23% to $4.99. Ross will acquire a 24.9% stake in the parent company of Sun National Bank by buying $100...
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Jefferies Raises Estimates on Celgene Corp. (CELG, ABII)
Thursday, July 1, 2010 - 9:47am | 292Jefferies and Company is out with a research report this morning, where it reiterates its Buy rating on shares of Celgene Corp. (NASDAQ: CELG); it has a $63.00 price target on the stock. The Jefferies analysts said, “Expansion of Celgene's hematology footprint into solid tumors makes sense, but...
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What's Hot On The Street (FRE)
Monday, June 28, 2010 - 3:14pm | 264Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On The Street 5 Stocks That Dodged The Reform Bullet The financial-reform bill isn't what Wall Street had feared most, as Congress watered down provisions to ensure its passage. Shares of financial-services firms jumped Friday...
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First Financial Northwest Corp (FFNW) – A “B-B-T-W-T-A-A-D-D” Special Situation
Monday, June 28, 2010 - 12:55pm | 4342Note – hat tip to RonMexico for the idea The Situation First Financial Northwest Corp. (FFNW) is an underfollowed and misunderstood thrift conversion that possesses a variety of attractive characteristics we look for in an investment. In particular, an attractive absolute and relative valuation,...
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Benzinga’s Top Pre-Market Losers (FFCH, MTXX, AMZN, SHPGY)
Monday, June 28, 2010 - 8:51am | 158First Financial Holdings Inc (NASDAQ: FFCH) dipped 34.78% to $7.95 in the pre-market session. FFCH’s trailing-twelve-month operating margin is -35.97%. Matrixx Initiatives Inc (NASDAQ: MTXX) lost 1.35% to $4.39 in the pre-market session. MTXX is among the top stocks in the Drug Delivery industry in...
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10 More Bank Stocks With Solid Dividends
Monday, June 28, 2010 - 8:19am | 162NEW YORK (TheStreet) -- A fresh analysis of publicly-traded U.S. bank and thrift holding companies by TheStreet highlights another 10 bank stocks with attractive dividend yields. An earlier feature on Six Bank Stocks with Solid Dividends was limited to selected names with higher trading volume. The...
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"Mad Money Lightning Round:" Jim Says It Is Sell Time For RIMM
Monday, June 28, 2010 - 7:24am | 271In his "Mad Money Lightning Round" on Friday, Jim Cramer said that Research In Motion (NASDAQ: RIMM) is “worse than dead money.” He would sell the stock the minute the price appreciates. After falling 10.84% on Friday, RIMM gained 1.00% in pre-market trading. When asked about Flagstar Bancorp (NYSE...
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The Current Alignment Of Bullish And Bearish Forces
Saturday, June 26, 2010 - 11:19pm | 2846On April 30th in The Coming Crash: Four Reasons Pro and Con, we examined the array of bullish and bearish forces, and argued that the bearish case was overwhelmingly strong. As the below monthly chart shows, it was a timely exercise. Because we need to do this for our own background research, we...
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Mad Money Lightning Round: Cramer Thinks That RIMM Is Dead Money (RIMM, AAPL, MWE, PNC, FBC, HAL, ED, PGN, AGNC, JDSU, CRUS, OVTI, C, MW)
Saturday, June 26, 2010 - 1:32pm | 536On CNBC's Mad Money, Jim Cramer advised investors to stay away from Research In Motion Limited (USA) (NASDAQ: RIMM), because it is dead money. Cramer believes that RIMM can't compete with Apple Inc. (NASDAQ: AAPL), and you should sell it. RIMM dropped 10.84% on Friday, and closed at $52.23. Cramer...
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Mid-Day Market Movers (TDBK, ONFC, PLM, DWCH)
Friday, June 25, 2010 - 11:41am | 173Tidelands Bancshares Inc (NASDAQ: TDBK) jumped 21.85% to $1.84 by 10:06 am. TDBK’s shares have dipped 49.67% over the past 52 weeks, while the S&P 500 index gained 16.67% in the same period. Oneida Financial Corp (NASDAQ: ONFC) climbed 19.13% to $9.65. ONFC has commenced syndicated community...
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News Summary
Thursday, June 24, 2010 - 12:50pm | 279France is facing a countrywide strike, as workers are protesting against President Nicolas Sarkozy's plans to increase the retirement age from 60 to 62 years. About 200 protests and demonstrations are planned today across the nation. Nearly 60% of the trains between France and Switzerland have been...
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KBW Revises Estimates, Price Target In Light of Flagstar Reverse Stock Split (FBC)
Thursday, June 24, 2010 - 10:54am | 90Keefe, Bruyette, & Woods adjusted its EPS estimates and price target downwards for Flagstar Bancorp (NYSE: FBC). Flagstar recently completed a 1-for-10 reverse stock split. Flagstar is a savings & loan based primarily in Michigan. FBC is one of the largest mortgage originators in the United...