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Is The Market About To Explode.....Higher? (SPX, DJI, UAUA, MSFT, APC, JPM)
Tuesday, June 15, 2010 - 1:48pm | 304No, I'm not drunk writing a title like that! But, it occurred to me that almost every article I read talks about what new short positions should be added and how we are headed back below 1,040 on the S&P (SPX) and perhaps even lower. What ever happened to the mantra: Don't fight the Fed? The...
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Late Market Roundup (JBLU, THQI)
Monday, June 14, 2010 - 2:33pm | 298Shares of JetBlue Airways (NASDAQ: JBLU) gained more than 6% after the analysts at Merrill Lynch upgraded JBLU from “neutral” to “buy.” According to the analysts, the budget carrier is benefiting from strong peak-demand months. The analysts say, "In recent quarters, JetBlue's yields have positively...
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Stocks Hitting 52-Week Highs (JBLU, MELI, ASPS, ARUN)
Monday, June 14, 2010 - 2:28pm | 159JetBlue Airways Corporation (NASDAQ: JBLU) shares climbed to $6.93, creating a new 52-week high, before slipping slightly to $6.84. Analysts at BofA/Merrill upgraded JBLU from “neutral” to “buy.” MercadoLibre Inc (NASDAQ: MELI) shares gained 1.94% to $58.92, creating a new 52-week high. MELI’s...
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Bookkeeping: More Shorts Added and Ryanair Holdings (RYAAY) Stopped Out
Monday, June 14, 2010 - 1:33pm | 1036A week ago on Tuesday all the world was going to hell in a hand basket, US employment stunk, copper was at 6 month lows, and the S&P was falling to yearly lows. Not 4 sessions later all is great in the world because the stock market bounced. Boo yah bipolar world... The Ryanair (RYAAY) short...
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JetBlue Opens 5.31% Higher On Upgrade By BofA
Monday, June 14, 2010 - 9:43am | 94JetBlue Airways Corporation (NASDAQ: JBLU) is up 5.31% to $6.83 in early morning trade, after jumping by as much as 7.38% in pre-market. JBLU received a boost after BofA/Merrill upgraded the stock to “buy” from “neutral.” A total of 3,645,500 shares of JetBlue traded on Friday, much below average...
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Company News for June 14, 2010 - Corporate Summary
Monday, June 14, 2010 - 9:39am | 160• Cablevision (NYSE:CVC) said it agreed to buy privately-owned Bresnan Communications for $1.36 billion • RailAmerica (NYSE:RA) reported its June car loads improved 9.1% YoY from May levels • FBR upgraded T Rowe Price (NASDAQ:TROW) from "market perform" to "outperform," raising the price target...
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Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 45
Monday, June 14, 2010 - 9:31am | 1814Year 3, Week 45 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 85.6% (v 84.8% last week) 16 long bias: 10.6% (v 13.1% last week) [Incudes 1 option position] 4 short bias: 3.8% (v 2.1% last week) [...
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Benzinga’s Top Pre-Market Gainers (CLNE, ASML, JBLU, GOLD)
Monday, June 14, 2010 - 8:31am | 143Clean Energy Fuels Corp (NASDAQ: CLNE) soared 5.04% to $17.7 in the pre-market session. CLNE’s earnings are expected to jump 85.10% in the June quarter. ASML Holding NV (NASDAQ: ASML) added 4.21% to $30.68 in pre-market trading. The lithography equipment supplier has recruited hundreds of new...
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Benzinga’s Top Upgrades (JBLU, KNXA, PMTC, CRNT)
Monday, June 14, 2010 - 7:23am | 146JetBlue Airways Corporation (NASDAQ: JBLU) was upgraded by BofA/Merrill from “neutral” to “buy.” JBLU’s shares closed at $6.50 on Friday. JetBlue Airways’ earnings are likely to jump 153.71% this year. Janney Montgomery upgraded Kenexa Corporation (NASDAQ: KNXA) from “neutral” to “buy.” KNXA’s...
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Deutsche Bank Initiates DAL With Buy
Monday, June 14, 2010 - 6:37am | 54Analysts at Deutsche Bank initiate coverage of Delta Air Lines Inc (NYSE: DAL) with a "buy" rating. The target price for DAL is set to $17. DAL’s shares soared 0.75% to close at $13.45 on Friday. More Analyst Ratings here
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Itron Increases Revolving Credit - Analyst Blog
Thursday, June 10, 2010 - 3:12pm | 367Itron, Inc. (ITRI) increased its multicurrency revolving line of credit by adding $125 million under the current credit facility. The addition expanded the company’s revolving line of credit to $240 million from $115 million and also increased the number of participating banks to ten from four. ...
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Trading Strategies on Netflix (NASDAQ:NFLX) as it Continues to Outperform
Wednesday, June 9, 2010 - 12:48pm | 1665Early Tuesday, brokerage firm Caris lifted its 12-month price target on Netflix (NASDAQ:NFLX) to $130 from $120 (roughly a 20% advance from current levels). Monday, at Apple’s (NASDAQ:AAPL) much-anticipated Worldwide Developer Conference, NFLX officially announced what has been speculated for...
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EMS Completes Acquisitions - Analyst Blog
Wednesday, June 9, 2010 - 12:16pm | 416Emergency Medical Services Corp. (EMS) recently completed the acquisition of the anesthesia services providers associated with Clinical Partners, P.A. (CPPA). The transaction, completed on Jun 4, 2010, is expected to contribute $80 million in net revenues. Emergency Medical also completed the...
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Late Market Roundup (AAPL, MSFT, INTC, RIMM, JNPR, JBLU, XOI, BP)
Tuesday, June 8, 2010 - 2:13pm | 304The technology stocks, especially the large-cap ones, are dragging the market down. With the tech sector slipping for the second consecutive day, shares of Apple (NASDAQ: AAPL) are down by 0.7%, Microsoft (NASDAQ: MSFT) by 1.9% and Intel (NASDAQ: INTC) by 2.5%. The rare gainers among the sector are...
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Woman Left Sleeping on Locked Airplane for 4 Hours
Friday, June 4, 2010 - 2:16pm | 149A woman was left locked in a United Airlines (UAUA) plane, sound asleep, for four hours. The flight was from Washington, D.C., to Philadelphia, Pennsylvania. She is suing for false imprisonment.