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Three Stocks That Are Still Bargains (HCBK, FEED, AA)
Monday, April 5, 2010 - 6:27pm | 358As the Dow again flirts with 11,000 and seems to slowly "melt up" day after day, you may be wondering if there are any bargains left to be had. Well, I've found three stocks that still look attractive based on valuation and offer solid fundamentals. Hudson City Bancorp (NASDAQ: HCBK) is the largest...
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Market Roundup (KERX, AEZS, PEP, BUD, GOOG, BRK.A, FRE, ZION, RF, MTB)
Monday, April 5, 2010 - 3:19pm | 326Keryx Biopharmaceuticals (NASDAQ: KERX) soared 22.3% after it received "fast-track" status from the US regulators (FDA) for its oncology drug candidate. KERX has licensed the drug from Aeterna Zentaris (NASDAQ: AEZS). PepsiCo (NYSE: PEP) and Anheuser-Busch (NYSE: BUD) have expanded a purchasing...
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Anchor BanCorp, Melco Crown: Midday Volume Plays (ABCW, SMMX, ACCL))
Monday, April 5, 2010 - 1:23pm | 168NEW YORK (TheStreet) -- Several stocks trading near $5 were moving on above-average volume during Monday's session. Anchor BanCorp Wisconsin (NASDAQ: ABCW) tumbled by 34 cents, or 30.1%, to 80 cents after the company said it was exploring strategic alternatives to build its capital position,...
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Benzinga’s Top Upgrades (ZION, PBIP, MTB, RF, WFC)
Monday, April 5, 2010 - 11:34am | 174Zions Bancorp (NASDAQ: ZION) was upgraded by Sandler O'Neill from “sell” to “hold.” SXL’s shares gained 3.93% to $22.74. ZION’sshares have gained 70.67% year to date. Sandler O'Neill upgraded Prudential Bancorp Inc. Of Pennsylvania (NASDAQ: PBIP) from “hold” to “buy.” PBIP’s stock has declined...
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Warren Buffett's Berkshire Becomes The Most Admired Firm In The US
Monday, April 5, 2010 - 9:49am | 337According to an article on CNBC, Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) has come out as the most admired US company, as the world emerges from the financial crisis. The whole credit of this goes to BRK-A’s CEO, whose "humility and sense of accountability" has seen the company through...
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Cramer Names Certain Stocks That Should Be Banned From Trading
Monday, April 5, 2010 - 8:51am | 289According to Cramer, the listing of a stock on an exchange does not guarantee the underlying viability of the company. Cramer said that he can rattle off a few household names that are trading long after their expiration date had crossed. Jim mentioned that most of such companies continued to trade...
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Fed Reveals Securities Bought To Aid Bear Stearns Rescue (JPM, FNM, AIG, GS, MS)
Thursday, April 1, 2010 - 7:44am | 502Bloomberg reports that after months of litigation, the Federal Reserve, on Wednesday, put an end to its policy of secrecy over the details of its bailout of Bear Stearns Co. It released details of securities bought to aid Bear Stearns’s takeover by JPMorgan Chase & Co. (NYSE: JPM). Maiden Lane...
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Top 5 Stocks Of The Surety & Title Insurance Industry With The Highest Cash (RDN, MBI, ABK, MTG, FAF)
Thursday, April 1, 2010 - 6:16am | 158Below are the top 5 surety & title insurance stocks on the NYSE and the NASDAQ in terms of cash. Total cash at Radian Group Inc (NYSE: RDN) is $4.16 billion. RDN has a total debt of $994.30 million. Total cash at MBIA Inc (NYSE: MBI) is $3.97 billion. MBI has a total debt of $8.9 billion....
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Top Performing Industries For March 31 (PMI, IRE, BCOM, CDE, SIFY)
Wednesday, March 31, 2010 - 3:11pm | 317At 2:13 p.m., Dow lost 14.81, or 0.14%, to 10,892.61, while the broader Standard & Poor's 500 index rose 0.52, or 0.04%, to 1,173.79. The Nasdaq composite index moved up 3.38, or 0.14%, to 2414.07. The industries that are driving the market today are: Surety & Title Insurance: The top...
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3-31-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, March 31, 2010 - 11:41am | 2128Stocks are lower following a worse-than-expected jobs report Stock fell early Wednesday after a payroll company’s report provided a sobering reminder that the job market remains weak. ADP said employers slashed 23,000 jobs in March. Economists surveyed by Thomson Reuters had forecast the report...
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Benzinga’s Top Pre-Market Gainers (ARQL, AIXG, ISIS, ORCT)
Wednesday, March 31, 2010 - 8:11am | 258ArQule, Inc. (NASDAQ: ARQL) rose 32.57% to $4.64 in the pre-market session. ArQule, Inc. announced that ARQ 197, when used in combination with erlotinib, demonstrated a 66% improvement in median Progression-Free Survival (PFS) in patients with advanced, refractory non-small cell lung cancer (NSCLC...
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Half Of Commercial Mortgages Under Water (FNM, FRE, C)
Tuesday, March 30, 2010 - 8:18am | 126Elizabeth Warren, chairperson of the TARP Congressional Oversight Panel, said on Monday that she expected half of all commercial real estate mortgages to be ‘underwater’ by late 2010. She believes they are concentrated in mid-sized banks and the problem will take close to 3 years to resolve. She...
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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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NYB’s First “Bolt-On” Deal
Monday, March 29, 2010 - 10:55am | 130Analysts at FBR Capital Markets reiterate their "outperform" rating on New York Community Bancorp Inc (NYSE: NYB). The target price for NYB is set to $18. NYB made its first "bolt-on" FDIC-assisted acquisition of Phoenix, Arizona–based Desert Hills Bank on Friday. Despite only a small addition to...
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Hudson City Bancorp (HCBK) Looking To Expand In Florida
Friday, March 26, 2010 - 4:00pm | 292Hudson City Bancorp, Inc. (NASDAQ: HCBK) is looking to expand outside its New Jersey base. Ron Hermance, CEO of Hudson City Bancorp, said that the bank was looking to buy bank branches in Florida as part of its expansion. The largest U.S.-based thrift managed to come out of the financial crisis...