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US Stock Futures Jump To The Biggest One Day Gain Of The Year
Monday, May 10, 2010 - 8:30am | 214US stock futures moved up sharply today, marking the biggest one-day gain of the year. The move came in after Europe announced its plan that is designed to ward off further hammering of the euro. While futures on the S&P 500 climbed 51.7 points to 1158.60, those on the Nasdaq 100 advanced 84.75...
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Keefe Bruyette Upgrades RDN To Outperform
Friday, May 7, 2010 - 6:58am | 41Analysts at Keefe Bruyette upgrade Radian (NYSE: RDN) from "market perform" to "outperform." RDN’s shares lost 13.09% to close at $9.83 yesterday. More Analyst Ratings here
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Freddie Mac Demands $10.6 Billion Additional Aid (FRE)
Thursday, May 6, 2010 - 2:04pm | 151Freddie Mac (NYSE: FRE) has posted a massive $8 billion loss in its first quarter of the year. The company has also demanded an additional $10.6 billion in new federal aid. The New York Times has reported that the new request will bring the total bill for rescuing Freddie Mac (FRE) to $61.3 billion...
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Peoples United Faces Bull Trade
Thursday, May 6, 2010 - 10:35am | 136Shares of Peoples United Financial (NASDAQ: PBCT) are lower on the session by 1.07%, currently trading $14.84. The stock has been in free fall mode since mid April and is now firmly in bearish territory far below the 50 and 200-day moving averages. One trader is taking some money off the short side...
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Freddie Mac (FRE) Requests $10.6B in Additional Bailout Funds
Thursday, May 6, 2010 - 8:36am | 749Lots in the shuffle yesterday was a day end request by Freddie Mac (FRE) of $10.6B in bailout funds. [Sep 7, 2008: Bailout Nation Continues - Fannie/Freddie Now Owned by You] Fannie Mae (FNM) should have its hands out in the next few days. $10 billion used to actually mean something, now it...
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Early Volume Plays In Stocks Trading Close To $7 (TORM, SPIR, CBMX, UWBK)
Wednesday, May 5, 2010 - 11:47am | 292Some of the stocks that are valued around $7 and are among the high volume movers in the early trading hours are: TOR Minerals International (NASDAQ: TORM) said yesterday that it made a profit of $0.26 a share in the first quarter, as compared to a loss of $0.15 a share in the year ago quarter....
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Radian Group Setting Up To Get Crushed Today (RDN)
Tuesday, May 4, 2010 - 9:33am | 94Shares of Radian Group (NYSE: RDN) have had quite a run over the last year, gaining 631% during the market rally. It looks like the stock will give back some of those gains today after reporting a huge loss and announcing a $550 million common stock offering. Wall Street analysts had been...
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Market Roundup (BA, HYMLF.PK, AAPL, HTZ, DTG, CAR, DRL)
Monday, May 3, 2010 - 3:14pm | 247The deal inked by Boeing (NYSE: BA) for F/A-18 fighters may be delayed by the Navy as it has asked for more time from the Congress on a deadline for recommending the deal. Hyundai (OTC: HYMLF.PK) sales jumped 30% with Sonata as its top seller, which gained 57%, while Tucson surged 171%. The new...
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Lots of Earnings, Lots of Data - Earnings Preview
Monday, May 3, 2010 - 2:07pm | 5112Earnings Preview 4/30/10 Earnings season will be in full gear next week as 991 firms report, including 99 (1/5) of the firms in the S&P 500. The list of companies reporting includes such heavy-hitters as Kraft (KFT), Merck (MRK), Pfizer (PFE), Time Warner (TWX) and Duke Energy (DUK). In...
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DRL - The Biggest Loser
Monday, May 3, 2010 - 12:56pm | 142Analysts at Cantor Fitzgerald downgrade Doral Financial Corp (NYSE: DRL) to "sell." The target price for DRL has been reduced from $6.50 to $4. According to Cantor Fitzgerald, “DRL did not win any of the three Puerto Rico banks that the FDIC closed and sold last Friday. This was a surprise to us...
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Benzinga’s Top Upgrades (ATHN, DPS, BNCL, APC)
Monday, May 3, 2010 - 9:48am | 165Athenahealth, Inc (NASDAQ: ATHN) was upgraded by Caris & Company from “average” to “above average.” ATHN lost 17.91% to $29.02 by 9:19 am. ATHN’s EPS has grown by 138.05% in the past five years. Stifel Nicolaus upgraded Dr Pepper Snapple Group, Inc (NYSE: DPS) from “hold” to “buy.” Shares of...
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4-30-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, April 30, 2010 - 11:43am | 2239Stocks are lower after lower-than-expected GDP rise and Goldman probe U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected. The S&P financial index...
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Market Roundup (PPL, GS, FNM, DUK, FRE, MCD, WMT)
Wednesday, April 28, 2010 - 2:37pm | 283PPL (NYSE: PPL) has agreed to buy the US assets belonging to E.On (OTC: EONGY.PK) in a deal worth $7 billion, according to David Faber. This comes as a surprise to those who thought that Duke Energy (NYSE: DUK) was prevailing in the three-company competition. According to the Wall Street Journal,...
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Stocks Going Ex Dividend the First Week of May
Wednesday, April 28, 2010 - 11:57am | 689Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Rally In Small Cap Regional Banks To Continue (FTBK, HMPR, CLBH, ASFN, GRAN, HMPR, CLBH, ASFN, GRAN, CSNT, DEAR, PFBC, IFSB, MCBF)
Tuesday, April 27, 2010 - 7:26am | 436Small cap regional bank stocks like Frontier Financial (NASDAQ: FTBK) continue on its upward movement on high volumes. It seems that traders are betting in favor of some of the low-priced names. FTBK shares went as high as 146.3% before closing at $7.34, reflecting a 97.32% jump. The stock has...