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Covanta's Cash Dividend Signifies Strategy Shift; JP Morgan (CVA)
Tuesday, July 20, 2010 - 9:24am | 123Covanta (NYSE: CVA) recently announced a special cash dividend and also a share buyback. JP Morgan believes this signifies that Covanta is exiting its international development and is focusing on returning cash to shareholders. Covanta is a company specializing in the conversion of waste to energy...
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Stocks Hitting 52-Week Lows (RTIX, SSRI, TTEK, CHRM)
Monday, July 19, 2010 - 2:02pm | 140RTI Biologics Inc (NASDAQ: RTIX) shares lost 3.57% to create a new 52-week low of $2.70. RTIX’s shares have fallen 34.12% over the past 52 weeks, while the S&P 500 index has gained 13.24%. Silver Standard Resources Inc (NASDAQ: SSRI) shares fell 3.33% to create a new 52-week low of $15.67. SSRI...
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BB&T Upgrades Andersons To Buy (ANDE)
Monday, June 21, 2010 - 9:22am | 280BB&T Capital Markets is out with a research report this morning, where they upgrade shares of Andersons Inc. (NASDAQ: ANDE) to Buy from Hold; they have a $41 price target on the stock. BB&T analysts cited the fundamental outlook for the company, which they believe will benefit in Q2 2010...
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What is Warren Buffett Buying and Selling?
Saturday, June 19, 2010 - 10:46pm | 286Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), is one of the three richest people in the world and a top trader and investor. The latest SEC report came out on Berkshire and shows his latest moves as of the end of March. What is most significant about this list is not what he is buying...
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Gold On The Move 06-18-2010
Friday, June 18, 2010 - 3:25pm | 779Cusick’s Corner The trade so far today is uneventful, just whipping around in a tight range into the Midday. Gold is about the only thing that is moving today, GLD, and this time there is no domestic or foreign reason (but one of my more conspiracy driven cohorts pointed out, you never hear what...
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Inverted Hammer-time Remix 06-10-2010
Thursday, June 10, 2010 - 6:59pm | 766Cusick’s Corner As I wrote on June 8th, typically the market action of late can generally be described as some small buying on lows, followed by a market recovery and then the market usually just gets pounded at the end of the day. Well, not today. The market actually ended on an upswing. As...
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Fast Money Picks For May 26th (VALE, IBM, BTU, SRCL)
Tuesday, May 25, 2010 - 7:01pm | 129CNBC Fast Money's traders shared their stock picks for tomorrow with the viewers. Tim Seymour recommends Vale (ADR) (NYSE: VALE) as a buy. Vale (ADR) (VALE) jumped 1.19% today. Guy Adami thinks International Business Machines Corp. (NYSE: IBM) is a buy and Brian Kelly likes Stericycle, Inc. (...
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Wunderlich Reiterates Buy Rating for BIN (BIN, WSII)
Thursday, May 20, 2010 - 11:36am | 195Analysts with Wunderlich Securities reiterated their Buy rating for IESI-BFC Ltd. (NYSE: BIN), holding their price target at $23. Recently, BIN officially filed for its merger with Waste Services (NASDAQ: WSII). Wunderlich now sees this process as steadily moving forward, with the regulatory...
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What Warren Buffett is Buying and Selling
Wednesday, May 19, 2010 - 1:19am | 226Warren Buffett's Berkshire Hathaway (BRK-A) (BRK-B) has announced some major portfolio changes, most described in its filings with the SEC. Here are his holding updates: Sold: Sun Trust Banks (STI )Travelers (TRV)United Health (UNH)Wellpoint (WLP) Reduced holdings:Carmax (CMX)ConocoPhillips (COP)...
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Earnings Scorecard: Lockheed Martin - Analyst Blog
Tuesday, May 18, 2010 - 6:06pm | 786Lockheed Martin Corporation (LMT), the defense industry goliath, humbled market apprehensions on April 21 with its first quarter 2010 results. The company, however, revised downward its fiscal 2010 earnings range to $7.00 – $7.20 from the earlier guidance range of $7.15 – $7.35. The market reaction...
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Covanta (CVA) To Reduce Revenue Volatility
Thursday, May 13, 2010 - 12:46pm | 109Wunderlich Securities has maintained its Buy rating on Covanta Holdings (NYSE: CVA), as well as the price target of $21. The analysts’ visit with CEO Anthony Orlando revealed that Covanta intends to maximize productivity and simultaneously bring down revenue volatility. Energy legislation in 2010...
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Top NASDAQ Stocks In The Industrial Goods Sector With The Highest Market Capitalization (FAST, JOYG, SRCL, FLIR, BUCY)
Thursday, May 6, 2010 - 7:14am | 172Below are the top five industrial goods stocks on the NASDAQ in terms of market capitalization. Fastenal Company (NASDAQ: FAST) has a market capitalization of $7.86 billion. Analysts at Piper Jaffray upgraded FAST from “neutral” to “overweight.” Joy Global Inc (NASDAQ: JOYG) has a market...
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06 May, Daily Pre-Market Report
Thursday, May 6, 2010 - 3:20am | 147Our short S&P Futures (ES) position is working out nicely. I review the classic topping pattern that gave us a heads up that the S&P’s could roll over. A head and shoulders formation and a 8 and 21 ema cross over. However if we had waited for all the signals to trigger we would have missed...
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ABM Initiated With Buy At BB&T
Wednesday, May 5, 2010 - 8:26am | 45Analysts at BB&T Capital Markets initiate coverage of ABM Industries (NYSE: ABM) with a "buy" rating. ABM’s shares lost 1.36% to close at $21.73 yesterday. More Analyst Ratings here
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Contagion Spreads To Commodities 5/4/10
Tuesday, May 4, 2010 - 4:26pm | 597As of this post oil is lower by 4% and it does not look like the selling has abated as of yet. Assuming this is not just a one day event we may have put in an interim top yesterday. Looking at a daily candlestick chart notice the doji formation on heavy volumes. Support is seen at $81.60 followed...