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Recovery on track despite initial hiccups for Greece
Monday, April 26, 2010 - 2:17am | 598G10 Advancers and Decliners vs USD GBP 0.35 CHF -0.06 EUR -0.10 JPY -0.26 The JPY fell against higher- yielding currencies as signs that a worldwide economic recovery is gaining momentum boosted demand for riskier assets and after a report showed UK house prices rose for...
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Jesup & Lamont Says Sell Southwest Airlines (LUV)
Friday, April 23, 2010 - 3:00pm | 109In a report released today by Jesup & Lamont Securities, the firm's analysts reiterated their Sell recommendation to clients on shares of Southwest Airlines (NYSE: LUV). The firm did, however, raise their price target to $10. During the current trading session, LUV shares have surged 3.94% to $...
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Jesup & Lamont Recommends Continental Airlines (CAL)
Friday, April 23, 2010 - 11:34am | 147Jesup & Lamont Securities analyst Helane Becker reiterated her Buy rating for shares of Continental Airlines, Inc. (NYSE: CAL), with a price target of $26. Becker said wrote that Continental Airlines has a large cash position of more than $3 billion and that the company has said repeatedly that...
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Top 5 Mid-Cap NASDAQ Stocks In The Services Sector With The Highest PEG Ratio (UAUA, GAME, APOL, EDMC, ROST)
Friday, April 23, 2010 - 8:36am | 178Below are the top 5 mid-cap stocks in the services sector on the NASDAQ in terms of their PEG ratio. UAL Corporation (NASDAQ: UAUA) has a PEG ratio of 0.23. UAUA posted an earnings surprise of 28.10% in the latest quarter. Shanda Games Limited (NASDAQ: GAME) has a PEG ratio of 0.66. Auriga USA...
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Top 5 Mid-Cap NASDAQ Stocks In The Services Sector With The Highest PEG Ratio (UAUA, GAME, APOL, EDMC, ROST)
Friday, April 23, 2010 - 8:36am | 178Below are the top 5 mid-cap stocks in the services sector on the NASDAQ in terms of their PEG ratio. UAL Corporation (NASDAQ: UAUA) has a PEG ratio of 0.23. UAUA posted an earnings surprise of 28.10% in the latest quarter. Shanda Games Limited (NASDAQ: GAME) has a PEG ratio of 0.66. Auriga USA...
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Benzinga's After Hours Gainers (RMBS, COF, CAL)
Thursday, April 22, 2010 - 7:43pm | 204Among the notable after hours gainers are Rambus Inc. (NASDAQ: RMBS), Capital One Financial (NYSE: COF), and Continental Airlines (NYSE: CAL). Rambus (RMBS) reported their quarterly earnings after the closing bell this evening. The company posted earnings per share of $1.28, compared to a net loss...
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UAUA-LCC Merger Talks Break Down
Thursday, April 22, 2010 - 2:43pm | 178US Airways Group Inc (NYSE: LCC) said today that it has ended its merger talks with United Airlines (NASDAQ: UAUA). LCC made the announcement after rumors of UAUA and Continental Airlines Inc (NYSE: CAL) exchanging information as a prelude to a possible merger between these two carriers hit the...
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Market Roundup (BX, GS, CTL, Q, LCC, UAUA, CAL, AIG)
Thursday, April 22, 2010 - 2:00pm | 321Blackstone (NYSE: BX) is sticking with Goldman Sachs (NYSE: GS) as BX’s CEO Stephen Schwarzman continues to have full faith in the ethics of the financial firm. He said that he hasn't doubted the firm in 40 years of their work relationship. He added, "We’re a major client of Goldman’s and will...
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Benzinga’s Top Upgrades (AA, AAI, VIA-B, GMCR, GENZ)
Thursday, April 22, 2010 - 10:11am | 193Alcoa, Inc (NYSE: AA) has been upgraded by HSBC Securities from “underweight” to “neutral.” Shares of AA fell 0.29% to $13.71 at 9:29 am EST. AA’s 52-week trading range is $8.27-$17.56. AirTran Holdings Inc (NYSE: AAI) upgraded to “buy” from “sell” by Argus. Share of AAI slumped by 8.45% to $5.31...
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Benzinga’s Top Upgrades (AA, AAI, VIA-B, GMCR, GENZ)
Thursday, April 22, 2010 - 10:07am | 193Alcoa, Inc (NYSE: AA) has been upgraded by HSBC Securities from “underweight” to “neutral.” Shares of AA fell 0.29% to $13.71 at 9:29 am EST. AA’s 52-week trading range is $8.27-$17.56. AirTran Holdings Inc (NYSE: AAI) upgraded to “buy” from “sell” by Argus. Share of AAI slumped by 8.45% to $5.31...
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Alaska Air Group (ALK) Swings To Profit
Thursday, April 22, 2010 - 9:47am | 119Shares of Alaska Air Group, Inc. (NYSE: ALK) opened slightly lower than the previous trading day's closing price of $41.11, after the airline announced Thursday morning that it had barely beat Wall Street estimates. Alaska Air Group reported that it had swung to a 1st quarter profit of $5.3...
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Continental Airlines (CAL) Loss Grows To $146 Million
Thursday, April 22, 2010 - 7:04am | 166Continental Airlines, Inc. (NYSE: CAL) announced mixed 1st quarter financial results on Thursday morning. Continental Airlines reported that its 1st quarter loss widened 7.4% to $146 million, or $1.05 per share, from a loss of $136 million a year earlier. Excluding items, Continental Airlines said...
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Market Roundup (ZLC, AAPL, C, GS, AMR, BX)
Wednesday, April 21, 2010 - 3:27pm | 333Sources have stated that Citigroup (NYSE: C) is set to take advantage of "pent-up demand" by selling securities backed by 255 new mortgages, marking the first such sale in two years. The ratio of the original value of the mortgages to property value is 60.4%. Blackstone (NYSE: BX) is said to be...
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Continental Q1 Earnings Preview: Stock Already Reflects Good News
Wednesday, April 21, 2010 - 2:44pm | 241Continental Airlines (NYSE: CAL) is set to report its Q1 earnings tomorrow - April 22 - before the market opens for trading. Wall Street analysts are expecting CAL to have earned $0.80 per share on revenues of $3.15 billion. The consensus expectations range from $0.96-$0.40 for earnings on revenues...
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Put Spread Trading Strategies in Southwest Airlines (LUV)
Wednesday, April 21, 2010 - 1:38pm | 1630Southwest Airlines (NYSE: LUV) spiked higher this week after JP Morgan Chase upgraded its rating on the shares to “overweight” (buy) all the way from “underweight” (sell). The broker noted the discount carrier is “learning the art of price discrimination” and capturing business from its competitors...