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Benzinga's Top Pre-Market NASDAQ Losers (GLUU, CIGX, CYTX, YRCW)
Tuesday, March 15, 2011 - 7:20am | 135Glu Mobile Inc (NASDAQ: GLUU) dipped 11.44% to $3.02 in the pre-market session. GLUU's trailing-twelve-month ROE is -104.96%. Star Scientific Inc (NASDAQ: CIGX) fell 10.92% to $3.10 in the pre-market session. The US Patent and Trademark Office confirmed the validity of two of CIGX's patents....
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UPDATE: Jefferies Upgrading Ryder System To Buy (R)
Tuesday, March 15, 2011 - 6:19am | 108Jefferies & Co. is upgrading shares of Ryder System (NYSE: R) to Buy, and is raising its price target to $58 from $51. In a note to investors, Jefferies writes, "We upgrade R to Buy with a year-end 2011 price target of $58/share (23% upside). The stock has underperformed YTD as investors have...
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Jefferies Ups Ryder To Buy
Tuesday, March 15, 2011 - 5:38am | 58Analysts at Jefferies upgrade Ryder System Inc (NYSE: R) from “hold” to “buy.” The target price for Ryder has been raised from $51 to $58. Ryder shares lost 1.36% to close at $47.20 yesterday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Likes Northern Oil and Gas, Continental Resources, Chesapeake Energy (MCY, TRV, HBAN, NOG, CLR, CHK, MOTR, CAR, CSCO)
Monday, March 14, 2011 - 2:31am | 266On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Mercury General (NYSE: MCY) is a “terrific company with a great yield.” He added, “I prefer Travelers Companies (NYSE: TRV) but I think that yield is safe." For Huntington Bancshares (NASDAQ: HBAN), he said, "I still think you...
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Quality Distribution Reports 4Q Earnings In-Line With Pre-Announcement, Sterne Agee Maintains Buy Rating
Friday, March 11, 2011 - 9:33am | 173Sterne Agee has published a research report on Quality Distribution (NASDAQ: QLTY) after the company reported 4Q earnings that were in-line with the company's pre-announcement. In the report, Sterne Agee writes "Revenue rose 10% YoY to $166m, which was $3 million above our expectations. Growth was...
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Top 4 Small-Cap Stocks In The Rental & Leasing Services Industry With The Highest Cash (CAR, DTG, UHAL, AER)
Friday, March 11, 2011 - 4:48am | 151Below are the top small-cap rental & leasing service stocks on the NYSE and the NASDAQ in terms of cash. Avis Budget Group Inc (NASDAQ: CAR) had $911.00 million in total cash and $7.02 billion in total debt for the latest quarter. Dollar Thrifty Automotive Group (NYSE: DTG) had $464.51...
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One Side of Market May Tip Hand 03-09-11
Wednesday, March 9, 2011 - 6:06pm | 778Cusick's Corner Timing is everything, but so is patience. For a lot of traders and investors patience is being tested. The critical point at this juncture is not to overreact or over trade. This is easy to type but sometimes not easy to follow. Especially when we see things like today's decent 10...
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Puts Purchased on Hertz Global Holdings, Inc. (HTZ)
Wednesday, March 9, 2011 - 11:56am | 156Shares of Hertz Global Holdings, Inc. (NYSE: HTZ) are lower on the session by 0.22%, currently trading at $26.96. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Options Brief: Avis Budget Group (CAR)
Wednesday, March 9, 2011 - 10:47am | 96Shares of Avis Budget Group (NYSE: CAR) are lower on the session by 0.06%, trading at $15.93. Overall call volume is now running at 2.43x the daily average, with 47% of all calls traded being purchases on the offer. 5,425 contracts have traded on the session so far. Avis Budget Group, Inc....
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YRC Worldwide CFO to Leave the Company, Effective March 31
Monday, March 7, 2011 - 9:01am | 65YRC Worldwide Inc. (Nasdaq: YRCW) today announced that Sheila Taylor, Executive Vice President and Chief Financial Officer, has decided to leave the company effective March 31 to pursue opportunities outside of the less-than-truckload industry. Ms. Taylor has been CFO since October 2009 and...
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Piper Jaffray Comments On Positive Quarter-To-Date Volume For Landstar System
Monday, March 7, 2011 - 8:40am | 128In a report published by Piper Jaffray, Landstar System (NASDAQ: LSTR) provided its regularly scheduled mid-quarter update for 1Q11 on Friday afternoon. Piper Jaffray reported that management's read on the quarter-to-date volume was mostly positive – with Truck volumes in line with plan and...
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Running Late 03-04-2011
Friday, March 4, 2011 - 3:43pm | 853Cusick Corner Running late today, I apologize. This is the consolidation that I had been discussing since last week, the market looks content at this stage to stay in a range, S&P 1300-1340. While this is frustrating, it is important for traders and investors to keep an eye on both volatility...
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Options Brief: YRC Worldwide Inc. (YRCW)
Friday, March 4, 2011 - 11:40am | 81Shares of YRC Worldwide Inc. (NASDAQ: YRCW) are higher on the session by 5.06%, trading at $2.49. Overall put volume is now running at 4.60x the daily average, with 0% of all puts traded being purchases on the offer. 28,914 contracts have traded on the session so far. YRC Worldwide Inc. is a...
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This is a Melting Up Market 03-03-2011
Thursday, March 3, 2011 - 6:13pm | 760Cusick's Corner Prices continue to melt up. The shorts never showed up into the After Hours at key resistance areas. This grind higher is also putting a lot of pressure on the shorts, specifically those who shorted Tuesday, which is yet another short-term catalyst to the upside. I have the S&...
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Benzinga's Top Pre-Market NASDAQ Losers (FSYS, ROIAK, SIMG, YRCW)
Thursday, March 3, 2011 - 8:26am | 162Fuel Systems Solutions Inc (NASDAQ: FSYS) dipped 9.89% to $25.05 in the pre-market session. FSYS reported downbeat Q4 results and issued weaker-than-expected FY11 revenue projections. Radio One Inc (NASDAQ: ROIAK) lost 6.51% to $2.01 in the pre-market session. ROIAK reported a Q4 loss...