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Company News for December 03, 2009 - Corporate Summary
Thursday, December 3, 2009 - 10:24am | 146• Comcast/GE confirmed the $30 billion Universal deal, with Comcast (NASDAQ:CMCSA) owning and 49% General Electric (NYSE:GE) ownership • Bank of America (NYSE:BAC) upgraded Weyerhaeuser (NYSE:WY) to "buy" from "neutral" with a price target of $47, up from $41 • Toll Brothers (NYSE:TOL) reported a...
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Top 5 Small-Cap Stocks in NYSE That Have Highest Cash Per Share (FRE, MF, SEB, FNM, AGM)
Thursday, December 3, 2009 - 9:21am | 184Below are the interesting small-cap stocks on the NYSE that are held by highest cash per share. Freddie Mac (NYSE: FRE) has a market capitalization of $706.7 million and cash per share of $464.31. FRE shares are trading at a price significantly short of their 52-week high of $2.50. MF Global Ltd (...
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Comcast To Buy Majority Stake in NBC Universal
Thursday, December 3, 2009 - 9:02am | 169Today, Comcast Corporation (NASDAQ: CMCSA) struck a deal to acquire a majority stake in NBC Universal from General Electric Company (NYSE: GE) which will create one of the biggest media companies in the world, rivaling Walt Disney (NYSE: DIS). Under the terms of the transaction, Comcast, the...
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Comcast (CMCSA) To Acquire Majority Stake In NBC Universal (GE)
Thursday, December 3, 2009 - 9:00am | 111The U.S.A.’s largest cable-television company, Comcast Corp (NASDAQ: CMCSA), is set to acquire a 51% stake in NBC Universal (NYSE: GE). The entertainment company is valued at approximately $37 billion, and the new entity will be led by Jeffrey Zucker. This move is part of Comcast’s strategy to...
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Opphenheimer Gives A Thumbs Down To Holologic Inc, OPY, HOLX, SI, GE
Wednesday, December 2, 2009 - 2:03pm | 177Opphenheimer (NYSE: OPY), citing FDA approval concerns for Holologic’s (NASDAQ: HOLX) flagship offering 3D Tomosythesis, has said that it sees very little visibility for growth at Holologic Inc. In a recent report, Opphenheimer analysts say that there will be better times to own this equity. 3D...
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Top Five Active Stocks Of The Day (BAC, C, F, GE, PFE)
Wednesday, December 2, 2009 - 11:10am | 210Bank of America Corporation (NYSE: BAC) is trading at $15.74, a decline of 0.94 percent over the previous day and 9% increase over the previous month. Bank of America is trading up, despite a bearish JPMorgan (NYSE: JPM) analyst note predicting pressure on near-term margins. Citigroup Inc. (NYSE: C...
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GE (GE) Returns to Roots as it Looks to Spinoff NBC
Wednesday, December 2, 2009 - 7:49am | 79GE (NYSE: GE) prepares for an expected $30b deal that will give control of NBC to cable TV operator Comcast Corp., the conglomerate is shifting its focus back to its industrial divisions. General Electric Company (GE) is a diversified Technology, Media and Financial Services company. Its products...
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Comcast, GE Finalize NBC-Universal Deal
Tuesday, December 1, 2009 - 3:58pm | 72Comcast (Nasdaq: CMCSA) and General Electric (NYSE: GE) have finalized a deal where cable giant Comcast will take a 51% stake in GE's NBC-Universal media business, according to a report that just aired on CNBC. CNBC quoted sources that said there is nothing left to do on the deal aside from some...
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3M Company: Valuation Remains Attractive
Tuesday, December 1, 2009 - 12:36pm | 153Today, Analysts at J.P. Morgan maintain their “Overweight” rating for 3M Company (NYSE: MMM) and raises their price target to $75 from $71. The Firm said “3M has put up two straight across the board EPS beats, leading the Street to raise estimates by 16% and 14% for 2009-10, respectively. We...
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3M (MMM) Returns To the Table Of Promising Stocks
Tuesday, December 1, 2009 - 10:00am | 1763M (NYSE: MMM), one of the most admired companies across the world, both in terms of technological advancements and great human resources management, has warmed the hearts of the Research Team at JPMorgan (NYSE: JPM) with its consistent performance for two successive quarters, much to the surprise...
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Company News for December 01, 2009 - Corporate Summary
Tuesday, December 1, 2009 - 9:56am | 255• General Electric (NYSE:GE) agreed with Vivendi to acquire the latter’s 20% NBC stake for $5.8 billion, down from Vivendi's previous valuation of $6.1 billion • After yesterday's close, Guess (NYSE:GES) announced third quarter earnings of 69 cents a share, up from 67 cents a year ago, and better...
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5 Large-Cap Stocks with Highest Free Cash Flows (XOM, GE, MSFT, T, PFE)
Tuesday, December 1, 2009 - 9:13am | 168Below are the interesting large-cap stocks on the NYSE and NASDAQ with the highest free cash flows. Exxon Mobil Corp (NYSE: XOM) has free cash flows of $42.88 billion and a market capitalization of $356.38 billion. Barclays Capital upgraded XOM from “equal weight” to “overweight.” General Electric...
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General Electric Enters Tentative Deal With Vivendi For NBC Universal Shares (GE, CMCSA)
Monday, November 30, 2009 - 9:54pm | 161General Electric Co. has come to a tentative deal with Vivendi (EPA: VIV) for the French Company’s minority stake in NBC Universal. The article reports that the two companies have come to an agreement to value Vivendi’s stocks at $5.8 billion and selling the 20% stake of the company to General...
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Sale of NBC Universal To Comcast Close After GE And Vivendi Talks (GE, CMCSA)
Wednesday, November 25, 2009 - 10:45pm | 145General Electric Co. (NYSE: GE) is close to selling its shares of NBC Universal to Comcast Corp. (NASDAQ: CMCSA) General Electric CEO Jeffrey Immelt met with Vivendi CEO Jean Bernard Levy in France to talk about the sale. The talks are supposed to help get Vivendi to agree on a value for the...
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Most Active Stock Options November 24, 2009 & Trading Activity
Tuesday, November 24, 2009 - 5:24pm | 441As of today the top ten most active stock option contracts traded were: Blackstone Group (BX) January 10 Call Options Mattel (MAT) January 17.50 Call Options General Electric (GE) January 2011 22.50 Call Options Bank of America (BAC) January 2011 30 Call Options Mattel January 15 Call Options...