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Teleflex Inc (TFX) CFO Kevin Gordon Resigns, But The Company Is Still Bullish
Monday, January 11, 2010 - 4:25pm | 117Teleflex Inc (NYSE: TFX), maker of engineered products for medical, commercial and aerospace markets has hired Richard Meier as the chief financial officer. He will replace the earlier CFO Kevin Gordon. Meier was previously president and chief operating officer of Advanced Medical Optics Inc., a...
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Price Target Raised For General Electric Co. (GE)
Friday, January 8, 2010 - 12:23pm | 63JPMorgan raised the price target for General Electric Co. (NYSE: GE) from $20 to $22. The firm believes that normalized earnings at GE Capital could be significantly better than current expectations. The firm said that investors under-appreciated the potential earnings recovery at the GE Capital...
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Stock Market News for January 08, 2010 - Market News
Friday, January 8, 2010 - 10:16am | 540A day before the government’s eagerly awaited December employment report, market participants refrained from making big moves even as hope grew the nation will break a 23-month streak of job losses. Stronger-than-expected retail sales number, nevertheless, helped calm nerves as concerns about...
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Massive Volume in General Electric
Thursday, January 7, 2010 - 4:08pm | 169General Electric (NYSE: GE) is up nearly six percent this afternoon after GE said it expects GE Capital losses/impairments to peak in 2010, during an investor meeting. General Electric also received an order for 50 locomotives from Cosan in Brazil this morning. The update seems to be the magic...
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Stock Quotes and TV Ratings of Top Four American Broadcasting Television Network (NWS, CBS, GE, DIS)
Thursday, January 7, 2010 - 2:29pm | 269The big four of America’s broadcast television have shown a 4% year-on-year growth on average, according to a report by Goldman Sachs on Americas Entertainment. America’s big four consist of FOX Broadcasting Company (NASDAQ: NWS), CBS Inc,(NYSE: CBS), National Broadcasting Company (NBC) run by...
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MMM To Offer Solid Returns In 2010, Unlikely To Outperform
Thursday, January 7, 2010 - 1:22pm | 131Analysts at Credit Suisse maintain their "neutral" rating on 3M (NYSE: MMM). The target price for MMM has been raised from $90 to $93. According to Credit Suisse, 3M is expected to witness muted growth during 2010, given its diverse portfolios with some defensive businesses. MMM has guided to 8%-14...
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Comcast (CMCSA) Review To Be Headed By Justice Department
Thursday, January 7, 2010 - 12:11pm | 106The Justice Department announced it will be taking the lead role in assessing Comcast's (NASDAQ: CMCSA) plan to buy a controlling stake in NBC Universal (NYSE: GE), clearing up some confusion as to whether the Justice Department or the Federal Trade Commission would handle the antitrust review....
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Company News for January 06, 2010 - Corporate Summary
Wednesday, January 6, 2010 - 10:01am | 181• Goldman Sachs (NYSE:GS) added 3M (NYSE:MMM) to its Conviction Buy List, with a price target of $105 up from $100 • Family Dollar (NYSE:FDO) reported fiscal first quarter earnings of 49 cents a share, two pennies higher than projected, on inline revenues of 1.82 billion • Beazer Homes (NYSE:BZH)...
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3M Co. - Growth And Income - Zacks Rank Buy
Tuesday, January 5, 2010 - 1:00am | 2863M Co. (MMM) recently provided its outlook for 2010, forecasting earnings of $4.85 to $5.00 per share. Analysts polled by Zacks were in agreement and have since become more bullish, calling for earnings of $5.04 per share, versus last month's $4.91. Company Description 3M produces thousands of...
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NZ To Benefit From An Upturn In Data Warehousing Spending
Thursday, December 31, 2009 - 12:09pm | 136Analyst Rajesh Ghai of ThinkEquity Partners maintains his "buy" rating on Netezza Corporation (NYSE: NZ). The target price for NZ is set to $12. According to ThinkEquity Partners, contacts in the Business Intelligence/Data Warehousing Systems Integrator (SI) community indicate a release of pent-up...
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Best And Worst Performers Of 2009 (AMZN, SBUX, GOOG, CLB, GE)
Wednesday, December 23, 2009 - 8:41am | 154Toby Shute of seekingalpha has picked the best and the worst performing stocks for the year 2009. The best performed are Amazon.com, Inc. (NASDAQ: AMZN), which returned 160.82% YTD; Starbucks Corporation (NASDAQ: SBUX) that returned 150.74%; Google Inc. (NASDAQ: GOOG) that returned 95.39% and Core...
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Barron’s On General Electric (GE) CEO Jack Welch
Tuesday, December 22, 2009 - 1:09pm | 132General Electric Company’s (NYSE: GE) CEO, Jack Welch, pushed the company to double digit growth when many experts said that GE was too large to be a growth stock, only worth investing in for dividend, a report from Barron's noted. Jack Welch received his degree in chemical engineering in 1957,...
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Fitch Downgrades Nokia - Analyst Blog
Tuesday, December 22, 2009 - 12:00pm | 489Yesterday Fitch Ratings downgraded credit rating of Nokia Corp. (NOK), the largest mobile handset maker in the world. Nokia’s long-term senior unsecured debt is now assigned A- rating by Fitch, lower than its previous rating of A. At the same time, Fitch also downgraded Nokia’s short-term debt to...
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Doug Kass 20 Surprises for 2010
Monday, December 21, 2009 - 3:37pm | 2461Normally, I won't bring anything over from Realmoney.com until it's made free on TheStreet.com but I already see this piece popping up on various website in the financial blogosphere so we'll go ahead and post it. Each year, noted hedge fund manager Doug Kass posts a list of 20 Surprises; I've...
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20 Predictions For 2010 By Doug Kass
Monday, December 21, 2009 - 3:10pm | 449Doug Kass of Seabreeze Partners released his 20 market/political/economic surprises for 2010. He covered the wide areas of people’s interests, he covered GDP to U.S. Dollars, Obama to Israel, gold to SEC. If his predictions are to be true, the world is going to see quite a striking bunch of...