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Pure Lack Of Respect As Gov't Lifts Cap On Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM)
Sunday, December 27, 2009 - 10:20pm | 328Once again I find myself furious at the disrespect the treasury and government give the average American. The Obama administration, thinking the average U.S citizen may be too dumb to find out, slipped a new tidbit of news under the nose of the markets. What news you ask? The treasury lifted the...
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Regulator Approves Heavy Pay Packages for Top Executives
Thursday, December 24, 2009 - 10:20am | 139The Wall Street Journal quoted unidentified people as saying that the top regulator for Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may announce a pay package worth millions of dollars for top executives at these government-run mortgage-finance companies. These compensation packages,...
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Regulator Approves Heavy Pay Packages for Top Executives
Thursday, December 24, 2009 - 10:20am | 139The Wall Street Journal quoted unidentified people as saying that the top regulator for Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may announce a pay package worth millions of dollars for top executives at these government-run mortgage-finance companies. These compensation packages,...
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Huge Paychecks For Fannie (FNM) And Freddie (FRE) Executives
Thursday, December 24, 2009 - 9:37am | 111Top executives at the government run Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are set to get millions of dollars in pay packages. The packages, approved by the Federal Housing Finance Agency, are expected to be in the range of $4 million to $6 million for Fannie chief Michael Williams...
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Market Roundup (FINL, CAGC, BAC, MTG, WFC, NYSE, NYT)
Wednesday, December 23, 2009 - 3:12pm | 273Shares of Finish Line (NASDAQ: FINL) jumped after the company announced profits of $6.6 million, or 12 cents a share, in its third quarter. FINL’s results were driven by a onetime tax gain of $6.5 million associated with the termination of its plans to acquire Genesco (NYSE: GCO). China Agritech...
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Benzinga’s Biggest Losers (CTAS, ATHX, MTG, AHD, YRCW)
Wednesday, December 23, 2009 - 12:39pm | 169Cintas Corporation (NASDAQ: CTAS) has plunged 10.58% to $26.54 on 3.41 million shares. Yesterday, Cintas Corporation reported its second quarter revenue of $884.5 million. Net income for the second quarter was $57.2 million and earnings per share were $0.37. Athersys, Inc. (NASDAQ: ATHX) fell 6.67...
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Top 5 Mid-Cap NASDAQ Stocks with Highest PEG Ratio (APOL, HCBK, NIHD, ROST, FWLT)
Wednesday, December 23, 2009 - 8:29am | 189Below are the top 5 mid-cap stocks on the NASDAQ in terms of highest cash per share. Apollo Group Inc (NASDAQ: APOL) has a PEG ratio of 0.96. APOL’s market capitalization is $8.96 billion. APOL’s shares have fallen by 23.25% over the past 52 weeks, as compared to a 29.53% rise in S&P500. Hudson...
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Benzinga’s News Roundup (BA, MYL, MSFT, VLY, ORI, RDN, GNW, PMI)
Tuesday, December 22, 2009 - 4:29pm | 293Boeing Co (NYSE: BA) has acquired Aliena North America's interest in Global Aeronautica through its wholly owned subsidiary. While BA did not disclose the financial terms, the company believes that the acquisition will increase the productivity of its 787 Dreamliner program. BA has risen 1.40% to $...
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Benzinga’s Top Gainers (YRCW, MTG, AHD, LCC, SHS)
Tuesday, December 22, 2009 - 12:03pm | 231YRC Worldwide Inc. (NASDAQ: YRCW) has soared 28% to $1.14 on 12.31 million shares after it said it has satisfied requirements related to its previously announced debt-for-equity exchange offers that will allow the deal to proceed. MGIC Investment Corp. (NYSE: MTG) has jumped 13% to $5.75 on 1.58...
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Top Consumer Goods Stocks in 2010 (CLX, SMG, PG, PMI, JNJ)
Monday, December 21, 2009 - 2:05pm | 432According to a report published in The Street, some of the key stocks that are set to see a surge in 2010 are: Clorox (NYSE: CLX): CLX’s products, including the company’s namesake bleach, salad dressing and cat litter, can be seen across retailers, from big ones like Wal-Mart to small mom-and-pop...
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Provident Financial Holdings Inc. (PROV) To Benefit From Long Term Demographic Trends
Monday, December 21, 2009 - 1:11pm | 94FBR Capital Markets reinitiated the coverage on Provident Financial Holdings Inc. (NASDAQ: PROV) with a Market Perform rating, and a 12-month price target of $2.50 per share. The firm believes that the shares’ risk/reward profile is balanced as credit headwinds are likely to limit near-term upside...
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Benzinga’s Volume Movers (HITK, OCFC, SNIC, AONE, ABFS)
Thursday, December 17, 2009 - 4:11pm | 263Some of the stocks that saw extraordinary trading this morning are: Hi-Tech Pharmacal Co Inc (NASDAQ: HITK)(FREE stock trend analysis) shares surged 13.27% to $26.55. The volume of HITK shares traded was 389% higher than normal. HITK develops, manufactures, markets and sells generic, prescription,...
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United Western: Sandler O’neill Initiates With A “Hold” Rating
Thursday, December 17, 2009 - 1:54pm | 179Analysts at Sandler O’neill initiates coverage on United Western Bancorp, Inc. (NASDAQ: UWBK)(FREE stock trend analysis) with a “Hold” rating and a $3 price target. Sandler says “With a seasoned management team, improved capital base, and compelling market footprint and strategy, we think United...
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Mortgage Backers In Need Of Continuing Infusions (AIG, FNM, FRE, GMA)
Thursday, December 17, 2009 - 8:39am | 189The four mortgage backers, American International Group (NYSE: AIG)(FREE stock trend analysis), Fannie Mae (NYSE: FNM)(FREE stock trend analysis), Freddie Mac (NYSE: FRE)(FREE stock trend analysis) and GMAC (NYSE: GMA)(FREE stock trend analysis) are unable to make payments to the government. Fannie...
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Top 5 Small-Cap Stocks with Highest Cash Per Share (IBKR, FRE, MF, SEB, PNSN)
Monday, December 14, 2009 - 3:30pm | 236Below are the top 5 small-cap stocks on the NYSE and the NASDAQ in terms of the highest cash per share. Interactive Brokers Group Inc (NASDAQ: IBKR)(FREE stock trend analysis) has cash per share of $567.33. IBKR’s market capitalization is $710.3 million. IBKR’s shares have fallen by 4.78% over the...