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PowerShares Small Cap Sector ETFs Hit the Tape
Thursday, April 8, 2010 - 3:02am | 1157PowerShares launched a suite of small-cap sector ETFs based on the S&P SmallCap 600 Index yesterday (4/7/10). These nine new ETFs are the first to provide sector-specific exposure within the U.S. small-cap stock market. I have long been a fan of sector and industry-focused funds, and I warmly...
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Monday's Hot Stocks on Heavier Volume
Tuesday, April 6, 2010 - 9:28am | 1936Today's breakout report is for Monday April 5, 2010. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to the list of stocks. To reiterate previous blog posts like...
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Benzinga’s Volume Movers (CBEH, GEOI, OSTK, KMGB, RBCN)
Monday, April 5, 2010 - 3:00pm | 211China Integrated Energy (NASDAQ: CBEH) shares gained 4.96% to $11. The volume of CBEH shares traded was 470% higher than normal. CBEH is involved in the wholesale distribution of several finished oil and heavy oil products, such as gasoline, diesel and naphtha. GeoResources Inc (NASDAQ: GEOI)...
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Barron's; Applied Materials Given A “Neutral” Rating (AMAT)
Thursday, April 1, 2010 - 11:53pm | 95In a recently released report, equity research firm Caris & Co. has raised its price target for Applied Materials (NASDAQ: AMAT) from $14 to $15. According to the report, Applied Materials increased its revenue guidance for fiscal 2010 to $8.0- $8.5 billion. However, Applied Materials is...
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Research In Motion and Apple Inc Tug Technology ETFs In Different Directions
Thursday, April 1, 2010 - 12:52pm | 2286“Wireless HOLDR (WMH) and SPDR Morgan Stanley Technology (MTK) could be in store for declines. Research in Motion (RIMM) continues its evening slide after missing the Street’s expectations with its improved profit,” ONN TV Reports. They go on to say, “(RIMM) reported Q4 revs of $4.08 bln, up 18%...
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OptionsHouse Wednesday Market Observations: Bad News for Jobs, a Proposal to Open U.S. Oil Drilling, and Some Heavy Options Activity in Suncor (SU), Canada’s Energy Powerhouse
Wednesday, March 31, 2010 - 5:42pm | 2019Still holding on, the markets are moving slightly lower following a disappointing ADP jobs report. The loss of 23,000 jobs reported by the payroll giant was a complete surprise to many. Economists predicted a gain of 40,000 in March ADP numbers. While the ADP indications can sometimes be way off in...
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Stocks That Created New 52-Week Highs (CCMP, CPLA, CFNL, CLNE, CLCT)
Wednesday, March 31, 2010 - 3:08pm | 290Cabot Microelectronics Corporation (NASDAQ: CCMP) shares added 1.30% to create a new 52-week high of $38.11. CCMP’s quarterly earnings growth stands at 11213.80% y/y. Read more about this company here. Capella Education Company (NASDAQ: CPLA) shares gained 0.64% to $93.72, creating a new 52 week...
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Stock Market News for March 31, 2010 - Market News
Wednesday, March 31, 2010 - 9:16am | 459U.S. stocks ended with modest gains Tuesday, with the blue-chip Dow average ending the day at fresh 18-month highs, as investors bought technology and industrial stocks even as confidence in Greece's ability to access credit markets showed signs of deterioration. Technology shares led the broader...
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Benzinga’s Top Pre-Market Gainers (ARQL, AIXG, ISIS, ORCT)
Wednesday, March 31, 2010 - 8:11am | 258ArQule, Inc. (NASDAQ: ARQL) rose 32.57% to $4.64 in the pre-market session. ArQule, Inc. announced that ARQ 197, when used in combination with erlotinib, demonstrated a 66% improvement in median Progression-Free Survival (PFS) in patients with advanced, refractory non-small cell lung cancer (NSCLC...
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U.S. Equity Market Preview (CQB, FSII, HON, LNDC, SAI, ZZ)
Wednesday, March 31, 2010 - 6:52am | 281Shares of the following companies will see some unusual movements in trading on Wednesday, according to Bloomberg. Chiquita Brands International, Inc. (NYSE: CQB), a marketer and distributor of bananas and other fresh produce, expects first-quarter results to be “substantially lower” than previous...
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OptionsHouse Tuesday Morning Roundup: Surprising News for the Housing Market Leads to a Bump in Consumer Confidence, and Heavy Options Activity in Delta Airlines (DAL) and Vale (VALE)
Tuesday, March 30, 2010 - 1:29pm | 1962The markets began to turn negative after a bullish boost on the open, mostly driven by the rumblings that Apple is developing a CDMA version of the iPhone, which will be available on the Verizon network. As a result, both stocks, (AAPL and VZ) were higher this morning. This news was only partially...
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Personal Spending Strengthens the Market and Heavy Options Activity in Citigroup (C) and MEMC Electronic Materials (WFR)
Monday, March 29, 2010 - 4:18pm | 1677The markets are looking fairly strong this morning after data showed consumer spending of personal income was basically flat compared to the prior month. This, in addition to a slower savings rate among Americans and a flattish reading on inflation, seems to be having a soothing effect on the...
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Traders Go Negative on Amkor
Wednesday, March 24, 2010 - 11:27am | 156Amkor Technology (NASDAQ: AMKR), subcontractor of semiconductor packaging and test services, is moving lower today to the tune of 3.04%, currently trading $6.70. The stock was nearing resistance yesterday and apparently sellers have emerged to take the stock down from that level. I am also seeing...
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Benzinga’s Top Pre-Market Losers (SONC, ASML, BOCH, BLDP)
Wednesday, March 24, 2010 - 8:21am | 255Sonic Corporation (NASDAQ: SONC) decreased 5.18% to $10.61 in the pre-market session. Sonic Corp. anticipates that earnings for fiscal 2010 will total $0.55 to $0.60 per diluted share, as compared to earnings of $0.72 per diluted share for fiscal 2009 excluding gains and provisions for impairment....
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Jim Cramer's Lightning Round Picks (APD, WEN, MCD, TSRA, VSI, VITC, PTV, IP, STXS, ABT, NMM, ATPG, GMCR)
Friday, March 19, 2010 - 9:04pm | 526CNBC Mad Money's Jim Cramer said in the segment of his show called Lightning Round that he likes Air Products & Chemicals, Inc. (NYSE: APD), but the stock has moved up too much and should be sold. Air Products & Chemicals (APD) dropped 0.43% today. Cramer likes Wendy's Arby's Group Inc. (...