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The Father of Growth Investing: T. Rowe Price Screen
Wednesday, May 11, 2011 - 6:04pm | 1460Summary A GARP investing approach based on identifying companies with long-term prospects in their early stages before they become quot;glamourquot; stocks. Background Considered by some to be quot;the father of growth investing”, T Rowe Price started investing in the 1920s. He founded T. Rowe...
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Questcor Discusses ISS Proxy Recommendations; Provides Business Update
Wednesday, May 11, 2011 - 4:10pm | 220Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) today reported that it removed the option re-pricing provision from its Equity Incentive Award Plan. ISS Proxy Advisory Services has recommended to its clients that they vote at the Company's May 19, 2011 Annual Meeting of Shareholders "Against" the...
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Sector Shift 05-11-2011
Wednesday, May 11, 2011 - 3:15pm | 980Cusick's Corner Today's headlines: Dollar up, China potentially slowing down, Inflation Concern in the UK, and Offensive Sectors getting hit, XLF/XLK/XLE, most notably Energy. While the dollar might be perceived as a catalyst for the pullback, the real drivers are the Inventories number (released...
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Options Brief: Mylan Inc. (MYL)
Wednesday, May 11, 2011 - 2:20pm | 74Shares of Mylan Inc. (NYSE: MYL) are lower on the session by 2.29%, trading at $23.65. Overall call volume is now running at 2.46x the daily average, with 63% of all calls traded being purchases on the offer. 5,082 contracts have traded on the session so far. Mylan Inc. and its subsidiaries is a...
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Five Value ETFs To Consider
Wednesday, May 11, 2011 - 2:00pm | 538This volatile market is certainly enough to try the patience of conservative investors, but a big broader market decline like the one we're seeing today opens some doors for bargain hunting, particularly in the value ETF universe. The typical value ETF is going to be chock full of widely held,...
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Teva Sees Growth Accelerating in Second Half and Expects to Continue Buyback Program (TEVA)
Wednesday, May 11, 2011 - 9:38am | 32Teva (NASDAQ: TEVA) says, "sees growth accelerating in second half... it is now no. 1 player in Germany by volume... expects to continue buyback program."
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News Summary
Wednesday, May 11, 2011 - 9:37am | 342Crude-oil futures fell ahead of US inventories data. Crude for June delivery declined $1.20, or 1.16%, to $102.68 a barrel in electronic trading on Globex. The Energy Information Administration (EIA) is scheduled to report data on petroleum inventories for last week at 10:30 a.m. ET. Analysts were...
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Earnings Roundup For May 11 (M, MT, TM, TEVA, IL, JSAIY, KID, ENB, SYIEY, GIL, AH, HESAY, BAM, KELYA, ITVPY, LABL)
Wednesday, May 11, 2011 - 8:58am | 907Macy's Inc (NYSE: M) reported its Q1 profit at $131 million, or $0.30 per share, from $23 million, or $0.05 per share, in the year-earlier period. The company's sales increased 5.7% to $5.89 billion. Its same-store sales surged 5.4%. However, analysts were expecting earnings of $0.18 per share....
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UPDATE: Goldman Sachs Color On JNJ Upgrade
Wednesday, May 11, 2011 - 8:39am | 161Goldman Sachs, which upgraded shares of Johnson & Johnson (NYSE: JNJ), is providing some color on the stock. “We are upgrading JNJ to Buy from Neutral as we switch to JNJ from BMY as the best underappreciated new product story in US Pharma,” Goldman Sachs writes. “After two years of earnings...
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Benzinga's Top Downgrades (NSM, SNHY, BMY, RIMM)
Wednesday, May 11, 2011 - 8:30am | 139FBR Capital Scott downgraded National Semiconductor Corporation (NYSE: NSM) from “outperform” to “market perform.” NSM's shares closed at $24.39 yesterday. NSM's PEG ratio is 2.11. Robert W. Baird downgraded Sun Hydraulics Corporation (NASDAQ: SNHY) from “outperform” to “neutral.” SNHY's stock...
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Benzinga's Top Pre-Market NASDAQ Gainers (ROVI, ASYS, ZAGG, HALO)
Wednesday, May 11, 2011 - 8:19am | 138Rovi Corporation (NASDAQ: ROVI) shares surged 13.12% to $56.20 in the pre-market session. ROVI reported upbeat Q1 earnings. Amtech Systems Inc (NASDAQ: ASYS) shares advanced 7.09% to $22.67 in the pre-market session. ASYS reported its Q2 net income at $7.5 million, versus a net income of $5.0...
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Benzinga's Top Upgrades (HMY, JNJ, TNB, NTAP)
Wednesday, May 11, 2011 - 8:18am | 137HSBC Securities upgraded Harmony Gold Mining Co Ltd (NYSE: HMY) from “underweight” to “neutral.” HMY's shares closed at $13.80 yesterday. HMY's PEG ratio is 0.82. Analysts at Goldman Sachs upgraded Johnson & Johnson (NYSE: JNJ) from “neutral” to “buy.” JNJ's shares closed at $65.76 yesterday....
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Emerging Markets
Wednesday, May 11, 2011 - 8:11am | 785The CFA Institute had a shindig with one of the sessions being about how much emerging market exposure to have and Seeking Alpha posted a recap of the session. The basic take was that most investors are not only under-invested but also under-benchmarked--meaning that investors who actually...
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Goldman Sachs Switches Top New Product Story From BMY To JNJ
Wednesday, May 11, 2011 - 8:09am | 142Goldman Sachs is switching its top new product story from Bristol-Myers Squibb Company (NYSE: BMY) to Johnson & Johnson (NYSE: JNJ) “as we believe BMY's superior new product story is now better appreciated while JNJ's remains under the radar screen.” “Hence, we downgrade BMY to Neutral and...
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Goldman Sachs Maintains Attractive View On Managed Care Sector
Wednesday, May 11, 2011 - 8:00am | 64In conjunction with Goldman Sachs' healthcare upgrade of the MedTech sector to Attractive and its upgrade of Johnson & Johnson (NYSE: JNJ) to Buy, “we maintain our Attractive coverage view of the Managed Care sector and our Neutral view on of Healthcare Facilities.” Johnson & Johnson...