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Mid-Morning Market Update: Markets Open Higher; Alcoa Profit Beats Expectations
Tuesday, July 12, 2016 - 10:15am | 674Following the market opening Tuesday, the Dow traded up 0.65 percent to 18,344.87 while the NASDAQ climbed 0.77 percent to 5,027.12. The S&P also rose, gaining 0.66 percent to 2,151.33. Leading and Lagging Sectors On Tuesday, energy shares surged by 2.01 percent. Top gainers in...
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Benzinga's Top Downgrades
Tuesday, July 5, 2016 - 9:08am | 348Analysts at Needham downgraded Netflix, Inc. (NASDAQ: NFLX) from Buy to Hold. Netflix shares fell 1.38 percent to $95.34 in pre-market trading. Analysts at Iberia Capital downgraded Rowan Companies PLC (NYSE: RDC) from Outperform to Sector Perform. Rowan shares climbed 7.59 percent...
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Southwest Still A Buy At Deutsche Bank Despite Revenue Challenges
Friday, June 24, 2016 - 7:50am | 257Southwest Airlines Co (NYSE: LUV) hosted its Investor Day on June 23. Deutsche Bank’s Michael Linenberg maintained a Buy rating for the company, with a price target of $57. The analyst mentioned that although the revenue challenges continue, technology and operational improvements could...
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Watch These 8 Huge Call Purchases In Friday Trade
Friday, June 24, 2016 - 4:28am | 259Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday's regular session. Vishay Intertechnology (NYSE:...
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Watch These 8 Huge Call Purchases In Wednesday Trade
Wednesday, June 22, 2016 - 3:13am | 268Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Tuesday's regular session. Monsanto Company (NYSE: MON)...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher; Lululemon Profit Misses Views
Wednesday, June 8, 2016 - 7:47am | 482Pre-open movers US stock futures traded higher in early pre-market trade. The job openings report for April will be released at 10:00 a.m. ET, while EIA's report on petroleum inventories will be released at 10:30 a.m. ET. Futures for the Dow Jones Industrial Average jumped 22 points to 17,956,...
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Grow Or Die In Dallas: Fintech And Banks Must Partner, Not Compete
Thursday, May 26, 2016 - 1:14pm | 1668I just returned from the Bank Director 2016 Grow The Bank Conference in Dallas and I have to say it was one of the more interesting meetings I've attended this year. This conference covered everything from the 30,000 foot view of the rapidly changing banking industry to the nuts and bolts of...
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Top Performing Industries For May 13, 2016
Friday, May 13, 2016 - 10:55am | 229At 10:30 am, the Dow fell 0.26 percent to 17,674.99, the broader Standard & Poor's 500 index moved down 0.23 percent to 2,059.35 and the NASDAQ composite index declined 0.02 percent to 4,736.42. The industries that are still afloat in the market today are: Internet Service Providers: This...
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Earnings Scheduled For May 11, 2016
Wednesday, May 11, 2016 - 4:56am | 674Macy's, Inc. (NYSE: M) is projected to report its quarterly earnings at $0.36 per share on revenue of $5.93 billion. Wendys Co (NASDAQ: WEN) is expected to report its quarterly earnings at $0.06 per share on revenue of $352.08 million. Canadian Solar Inc. (NASDAQ: CSIQ) is estimated to report its...
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12 Stocks You Should Be Watching Today
Thursday, April 21, 2016 - 4:34am | 473Some of the stocks that may grab investor focus today are: Wall Street expects Alphabet Inc (NASDAQ: GOOGL) to post its quarterly earnings at $7.97 per share on revenue of $20.37 billion. Alphabet shares rose 0.14 percent to $776.00 in after-hours trading. Analysts expect General Motors Company (...
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Earnings Scheduled For April 21, 2016
Thursday, April 21, 2016 - 4:14am | 1094General Motors Company (NYSE: GM) is expected to report its quarterly earnings at $1.01 per share on revenue of $35.41 billion. Alphabet Inc (NASDAQ: GOOGL) is estimated to post its quarterly earnings at $7.97 per share on revenue of $20.37 billion. Southwest Airlines Co (NYSE: LUV) is projected...
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"Earnings Potpourri" Ahead, as Report Season Shifts Into Full Gear
Monday, April 18, 2016 - 11:59am | 1338Let’s call the coming week “the potpourri of earnings,” because investors are going to be slammed with quarterly reports from some big guns starting on Monday and not letting up after that. Though it’s too early to say for sure how the earnings season will ultimately...
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Benzinga's Top Upgrades
Friday, April 15, 2016 - 9:07am | 193Analysts at Barclays upgraded Southwest Airlines Co (NYSE: LUV) from Underweight to Equal-weight. The target price for Southwest Airlines has been raised from $41 to $48. Southwest Airlines shares fell 0.02 percent to close at $46.70 on Thursday. JP Morgan upgraded Anadarko Petroleum Corporation (...
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Credit Suisse Previews Airliner's Q1 Earnings, Sees Q2 PRASM Outlook In Focus
Tuesday, April 12, 2016 - 9:14am | 654There are continued investor concerns over the pricing environment for US Airlines remaining soft, and expectations are muted. Credit Suisse’s Julie Yates said that consensus expectations are likely to decline following the Q1 earnings reports. The consensus expectations would be reduced...
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Benzinga's M&A Chatter for Wednesday March 23, 2016
Wednesday, March 23, 2016 - 8:57pm | 486The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday March 23, 2016: DC Public Service Commission Approves Pepco, Exelon Deal in 2-1 Vote The Approval:The DC Public Service Commission voted 2-1 on Wednesday to Approve Exelon Corp's (NYSE: EXC) merger with...