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Large Caps Breaking Out - Johnson & Johnson (JNJ), Coke (KO), IBM (IBM), Merck (MRK), Verizon (VZ), Disney (DIS), 3M (MMM)
Monday, December 14, 2009 - 11:08am | 1073Aside from some of the more speculative stocks, especially of the Chinese kind, much of the action of late has been in the large and mega cap areas. As I try to think "big picture" over the next 10+ years, one of my thesis go forward, is simply a continuation of a trend that has been happening the...
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Schwab Launches Growth and Value ETFs
Friday, December 11, 2009 - 6:21pm | 534Schwab launched two more ETFs today (12/11/09): Schwab U.S. Large-Cap Growth ETF (SCHG) and Schwab U.S. Large-Cap Value ETF (SCHV). Both funds will have an expense ratio of 0.15% and commission-free trading in Schwab brokerage accounts. Schwab made a grand entrance into the ETF business about...
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Joe Terranova Is Watching 3M (MMM)
Friday, December 11, 2009 - 3:50pm | 54CNBC's Fast Money Joe Terranova said in the Half time report that 3M (NYSE: MMM) is a good stock to own. 3M (MMM) is 0.86% up today along with other industrials on the news that China’s imports jumped 26.7% in November from a year earlier.
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Loopholes Lurk in the Proposed Financial Regulatory Overhaul Bank Bill
Friday, December 11, 2009 - 2:59pm | 82The proposed financial regulatory bill aims to have provisions and amendments which could exclude companies like USAA from some of the bill's tougher provisions. There are a number of exceptions that allow companies to avoid fresh scrutiny envisioned by the White House. The beneficiaries run from...
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General Electric (GE) Tapped for Wind Turbines for Largest Wind Farm in US, in Oregon
Friday, December 11, 2009 - 10:21am | 859As Jeffrey Immelt knows America is no longer about 'free market capitalism' but all about 'corporate socialism'.... chasing the taxpayer handouts. It is what it is, but let's just be honest about it. It's never been a free market; it's never gonna be a free market. That's just the way it is....
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General Electric Co. (GE) RSI And 20 Day MA Still Showing Strength
Thursday, December 10, 2009 - 3:18pm | 124General Electric Co. (NYSE: GE)(FREE stock trend analysis) has won a $1.4 billion contract to build giant wind turbines for Oregon's Shepherds Flat generating station, expected to be the largest of its kind in the United States with a generating capacity of 845 megawatts. General Electric (GE)(...
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Barack Obama Accepts The Nobel
Thursday, December 10, 2009 - 11:29am | 134US President Barack Obama has accepted the 2009 Nobel Peace Prize in the awards ceremony in Oslo, Norway. He’s said that his “accomplishments are slight” when compared to other Nobel laureates such as Martin Luther King Jr. and Nelson Mandela. The first-year U.S. president has also acknowledged...
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Stock Market News for December 10, 2009 - Market News
Thursday, December 10, 2009 - 10:22am | 417U.S. stocks snapped a two-day losing streak as a declining dollar and analyst upgrades of 3M and Sprint Nextel helped overcome concerns about rising debt levels globally. Trading remained erratic as sentiments wavered on the Street. At the end of the session, the Dow Jones industrial average...
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GE Lands $1.4 Billion Wind Turbine Contract
Thursday, December 10, 2009 - 3:13am | 90General Electric (NYSE: GE) won a $1.4 billion contract to provide wind turbines and services for a planned wind farm in Oregon. The Dow component will supply 338 turbines of 2.5 megawatts each for the $2 billion Shepherds Flat project. The turbines will be installed in 2011 and 2012. The contract...
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Barclays (BCS) Bullish on Energy and Equipment
Wednesday, December 9, 2009 - 1:21pm | 96Barclays (NYSE: BCS) has raised its target for Southwestern (NYSE: SWN) based on a potential 38% growth in 2010 production and continued strength in Fayetteville. AGCO’s (NYSE: AGCO) 2010E EPS has been slashed to $1.35 but sound fundamentals indicate bullish long-term prospects. GE’s (NYSE: GE) U.S...
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New 52-Week High Stocks (MMM, AMD, HNT, CI, WLP)
Wednesday, December 9, 2009 - 12:21pm | 1843M Company (NYSE: MMM) has made a new 52-week high at $79.45 after Citi upgraded 3M from Hold to Buy. Currently, MMM is trading at $79.39, up 2.95% on 2.04 million shares. So far this year, MMM has risen about 38% Advanced Micro Devices, Inc. (NYSE: AMD) has risen by 0.58% to $8.72 on 12.11 million...
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Benzinga’s Top Upgrades (COO, ATK, MMM, UNT, LQDT, SQNM)
Wednesday, December 9, 2009 - 10:58am | 231The Cooper Companies, Inc. (NYSE: COO) was today upgraded by Wells Fargo to Outperform from Market Perform and raised the price target range to $41-$43 from $28-$30. COO is now trading at $37.35, 10.11% up. So far in 2009, COO has gained over 129%. Alliant Techsystems Inc. (NYSE: ATK) fell 0.56% to...
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Company News for December 09, 2009 - Corporate Summary
Wednesday, December 9, 2009 - 10:47am | 138• Citigroup (NYSE:C) raised 3M (NYSE:MMM) to "buy" from "hold" • Barclays (NYSE:BCS) lowered Kimberly-Clark (NYSE:KMB) to "equal weight" from "over weight" • Wells Fargo (NYSE:WFC) upgraded Cooper Industries (NYSE:CBE) to "outperform" with a price target of $41-$43, up from $28-$30 • Goldman Sachs...
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Citi Investment Research Upgrades 3M To 'Buy' From 'Hold'
Wednesday, December 9, 2009 - 10:43am | 793M Co. (NYSE: MMM) was upgraded on Wednesday to buy from hold by Citi Investment Research on account of 3M's (MMM) internal execution and ability to grow organically over the next nine to 12 months. 3M Co’s (MMM) target price was raised by Citi Investment Research to $92 from $84. The stock closed...
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Stock Market News for December 9, 2009 - Market News
Wednesday, December 9, 2009 - 10:41am | 432A rising dollar and falling oil and gold prices made investors jittery yesterday, sending the Dow Jones industrial average tumbling more than 100 points. Fitch's downgrade of Greece's credit rating, a $3.65 billion first half loss at Dubai World's Nakheel, and a 1.8% October drop in German...