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Benzinga’s Top Downgrades (ANF, SATC, PACW, ZEP, SAFM)
Friday, March 5, 2010 - 1:57pm | 196Abercrombie & Fitch Co (NYSE: ANF) was downgraded by RBC Capital Markets from “outperform” to “sector perform.” ANF’s shares gained 1.45% to $42.12 at 12:53 pm. Abercrombie & Fitch’s shares have added 102.64% over the past 52 weeks. Ardour Capital downgraded Satcon Technology Corporation...
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SatCon Technology (SATC) Falls 12% After Earnings Report and Rating Downgrade
Friday, March 5, 2010 - 10:43am | 131Following an earnings report that failed to meet Wall Street expectations, shares of clean energy technology provider SatCon Technology Corporation (Nasdaq: SATC) were downgraded by Ardour Capital from a rating of Buy to a rating of Hold, with a target price of $2.60. SatCon Technology Corporation...
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Benzinga's Sector Leaders (AIG, TXT, PACR)
Monday, February 22, 2010 - 11:18am | 202Today the market is essentially unchanged, but has been swinging back and forth from the green to the red. Hot sectors for today’s trading session include: Financials – - American international Group (NYSE: AIG) up 8.62% - Amtrust Financial (NASDAQ: AFSI) up 5.92% - National Bank of Greece (NYSE...
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ABB Reports Higher Net Profit But Cautious Outlook For 2010 (ABB)
Thursday, February 18, 2010 - 10:54am | 134According to a report in the Wall Street Journal, ABB Ltd. (ADR) (NYSE: ABB) has reported a significant increase in Q4 profits. This was on the back of lower costs as well as a weak dollar. But the company is rather cautious in its 2010 outlook, based on lower demand in the US and Western Europe....
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Benzinga's Intraday Sector Update
Thursday, February 18, 2010 - 10:22am | 208The early market sectors that are leading this market higher include: Conglomerates, Basic Materials, and Capital Goods. The market move feeds into my call yesterday that the market was taking a breather and that the higher beta names may run higher today. It is still early today, and as the oil...
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ABB Jumps Nearly 5% On Sharp Rise In Q4 Profits
Thursday, February 18, 2010 - 9:06am | 237ABB Ltd (NYSE: ABB) reported a sharp rise in its fourth-quarter net profits today, primarily driven by substantial cost cuts and the weakening US dollar. The company, however, remains cautious for the current year due to persisting sluggish demand in Western Europe and the US. The Swiss power-...
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US Stock Futures Mixed Before Economic Data; Points Towards A Weak Opening (WMT, DAI, ABB)
Thursday, February 18, 2010 - 8:06am | 206US stock futures held to a tight range today ahead of the earnings news from retailing giant Wal-Mart Stores (NYSE: WMT). While futures on S&P 500 slipped 1.3 points to 1098.30, those on Nasdaq 100 gained 1.75 points to 1813.50. Meanwhile, Dow Jones Industrial Average futures lost 5 points....
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Benzinga’s Top Pre-Market Gainers (NIHD, RIGL, APWR, RTIX, ARTG)
Tuesday, February 16, 2010 - 8:37am | 183NII Holdings, Inc (NASDAQ: NIHD) jumped 11.87% to $40.35 in the pre-market session. The 52-week trading range for NIHD is $10.23-$38.95. NIHD’s shares have gained 7.42% so far this year. Rigel Pharmaceuticals Inc (NYSE: RIGL) gained 6.04% to $10 in the pre-market session. The 52-week trading range...
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Capstone Turbine Corporation (CPST) Shares Jump 11%
Wednesday, February 10, 2010 - 4:38pm | 100Shares of Capstone Turbine Corporation (Nasdaq: CPST) ended the trading day up more than 11% after reporting better than expected revenue on Tuesday and being upgraded by Northland Securities from Market Perform to Outperform on Wednesday. The company, which develops, manufactures, markets and...
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Benzinga’s Top Upgrades (CPST, BWY, VE, ETR, CBSH)
Wednesday, February 10, 2010 - 9:16am | 197Capstone Turbine Corp (NYSE: CPST) was upgraded by Northland Securities from “market perform” to “outperform.” CPST has 52-week trading range of $0.39-$1.57. CPST’s shares have slipped 0.87% over the past three months. KeyBanc Capital Markets upgraded BWAY Holding Company (NYSE: BWY) from “hold”...
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Benzinga’s Top Pre-Market Gainers (ANDS, LOGI, IMMU, CNXT, APWR, ERIC)
Friday, January 22, 2010 - 8:22am | 420Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) rose10.81 % to $2.46 after Anadys Pharmaceuticals, Inc. announced today that ANA598 dosing has been completed in the first dose cohort, 200 mg bid, in an ongoing Phase II study of ANA598 in combination with pegylated interferon and ribavirin in HCV...
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Benzinga’s News Roundup (DLR, HL, CVVT, DNE, APWR)
Thursday, December 31, 2009 - 9:13am | 296Digital Realty Trust, Inc. (NYSE: DLR) today reported that it plans to raise up to $400 million through sale of its common shares. The net proceeds would be used to pay down debt, buy additional properties and for development and redevelopment opportunities. Digital Realty closed at $49.80 in the...
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Benzinga’s Pre-Market Gainers (AMKR, CBAK, STEC, APWR, XING)
Wednesday, December 23, 2009 - 7:41am | 240Some of the stocks that gained the most in pre-market trading are: Amkor Technology Inc (NASDAQ: AMKR) shares have soared 9.22% in pre-market trading to $7.11. AMKR share price was driven by the company’s announcement of an upward revision of its revenue outlook on account of better-than-expected...
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APWR Is Leveraged To Chinese Wind Market
Monday, December 21, 2009 - 1:37pm | 144Analysts at Raymond James maintain their "outperform" rating on A-Power Energy Generation Systems (NASDAQ: APWR). The target price for APWR has been raised from $18 to $20. A-Power Energy Generation Systems has entered into a joint venture with Shenyang Power Group for a wind energy project in the...
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Top 5 Large-Cap Stocks with Lowest Short Ratio (UL, BSBR, ABB, NJ, AXA)
Thursday, December 17, 2009 - 9:13am | 160Below are the top 5 large-cap stocks on the NYSE and the NASDAQ in terms of lowest short ratio. The short ratio for Unilever plc (NYSE: UL) is 0.1. UL’s market capitalization is $34.62 billion. UBS upgraded UL from “sell” to “neutral.” The short ratio for Banco Santander (Brasil) SA (NASDAQ: BSBR)...