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Gentiva Acquires Odyssey HealthCare (GTIV, ODSY, BAC, GE)
Monday, May 24, 2010 - 6:22pm | 169Gentiva Health Services Inc. (NASDAQ: GTIV) announced its purchase of Odyssey HealthCare Inc. (NASDAQ: ODSY) for $1 billion earlier today. Gentiva (GTIV) will pay $27 for each share of Odyssey (ODSY). This price is a 40% premium to Odyssey’s Friday closing price. Jefferies & Co. analyst Arthur...
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Have You Seen How Philips is promoting Their Cinema 21:9 LCD TV?
Monday, May 24, 2010 - 3:06am | 209Koninklijke Philips Electronics NV (PHG) is using the short film Carousel to promote its Cinema 21:9 LCD TV. This clip from the film is an unusual 3 dimensional stop action feature. Warning: some violence. Philips trades on the New York Stock Exchange.
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Stock Market News for May 21, 2010 - Market News
Friday, May 21, 2010 - 9:39am | 595The plunge in stocks Thursday was akin to post-Lehman days of late 2008 and early 2009. Investors were concerned that Europe’s financials malaise will spread around the world and derail global economic growth. As fears swept the market, stocks took their deepest plunge in a year, falling...
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US Stocks Dipped Into Correction Yesterday On Worries Of Eurozone Stalling The Global Recovery
Friday, May 21, 2010 - 6:10am | 311US stocks plunged yesterday into the first correction of the bull market that started in March 2009, as worries of Europe's debt crisis weighed heavily on the market. The investors took their money out of the companies with high international exposure and did away with a range of assets, such as...
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General Electric Gets Sued By Mitsubishi Heavy (GE)
Thursday, May 20, 2010 - 5:48pm | 150Mitsubishi Heavy Industries Ltd. has filed an antitrust suit against General Electric (NYSE: GE), accusing it of stifling competition using “sham” litigation. Mitsubishi has also accused GE (GE) of monopolizing the U.S. variable-speed wind turbines market. It has complained that the conglomerate is...
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General Electric (GE) All Set For A Lower Bottom
Thursday, May 20, 2010 - 2:45pm | 121General Electric (NYSE: GE) fell 4.4% by early afternoon trading on Thursday to $16.50, after making an even wider gap down opening on Thursday. The reversal in sentiment on General Electric (GE) came after Wal-Mart Stores Inc. (NYSE: WMT) recalled about 900,000 General Electric-branded coffee...
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Thursday Morning’s Options Volume Leaders (C, BAC, GE, F, AAPL, SPY)
Thursday, May 20, 2010 - 11:23am | 126The overall market is falling sharply today as fresh fears about troubles in Europe arise. The S&P 500 (NYSE: SPY) is currently trading lower by 30.59 points to 1,084, off some 2.78% on the session. Here are you Options Volume Leaders on a Thursday Morning… 1. Citigroup (NYSE: C) 335,936...
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Why Investor's Should Make Friends with Fear
Thursday, May 20, 2010 - 9:05am | 2092In this post I will give some advice on why I believe investor's should become friends with fear, and explain how it can be done using stock options. I'm certain many of you already know how the markets gauge fear, but for those of you who don't, a simple way to see how fearful the markets are is...
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Top 4 Stocks In The Electronics Equipment Industry With The Highest Market Capitalization (SNE, PHG, PC, HUB-B)
Thursday, May 20, 2010 - 8:06am | 131Below are the top 4 electronics equipment stocks on the NASDAQ and the NYSE in terms of market capitalization. Sony Corp (NYSE: SNE) has a market capitalization of $31.84 billion. SNE’s EPS for the December quarter was 1128.60% higher than expected. Koninklijke Philips Electronics NV (NYSE: PHG)...
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US Stocks Slumped Yesterday As Heat From Weakening Euro Worsened
Thursday, May 20, 2010 - 6:50am | 318US stocks finished slightly lower yesterday, led by industrials Caterpillar (NYSE: CAT), Boeing (NYSE: BA) and 3M (NYSE: MMM), as the fear of the US companies doing business in the Eurozone getting hurt by the weak euro loomed large on investors. The losses at the Standard & Poor's 500 wiped...
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Top 5 Stocks In The Meat Products Industry With The Highest Cash (BRFS, TSN, SEB, HRL, SFD)
Wednesday, May 19, 2010 - 6:43am | 166Below are the top 5 meat products stocks on the NASDAQ and the NYSE in terms of cash. BRF-Brasil Foods SA (NYSE: BRFS) had $1.85 billion of cash in the latest quarter, while its debt liabilities stood at $4.56 billion. Tyson Foods Inc (NYSE: TSN) had $812 million of cash and $2.98 billion of debt...
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Company News for May 18, 2010 - Corporate Summary
Tuesday, May 18, 2010 - 9:57am | 268• Berkshire Hathaway (NYSE:BRKA) cut its exposure in Kraft (NYSE:KFT) by 23% in the first quarter. Kraft shares had rallied yesterday following a Barron's article, which advised the company's Cadbury purchase could help expand revenues and lower costs, a deal which was opposed by Buffett. ...
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GE Becomes First Company Awarded ZigBee Energy Cerification
Monday, May 17, 2010 - 11:30am | 238GE (NYSE: GE) announced today that it is the world's first appliance manufacturer to achieve ZigBee Smart Energy certification for its "smart" or smart grid-enabled appliances. This industry first will enable GE's smart grid-enabled appliances to communicate wirelessly with utility companies via...
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GE To Launch A New Sukuk (GE)
Monday, May 17, 2010 - 11:12am | 135GE Capital (NYSE: GE) is planning to issue its second Islamic bond. According to Reuters, Aris Kekedjian, chief executive of GE Capital Middle East and Africa, said the new issue would likely be a benchmark issue. Last year, GE issued its first Islamic bond or sukuk and raised $500 million....
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US Board Of Patent Appeals Denies Siemens Rehearing On Enzo Patent
Monday, May 17, 2010 - 11:10am | 246Enzo Biochem (NYSE: ENZ) today reported that the Board of Patent Appeals and Interferences of the United States Patent and Trademark Office has issued a Decision denying a Request for Rehearing filed by Siemens Healthcare Diagnostics (NYSE: SI) in a patent interference proceeding relating to Enzo...