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Benzinga's Top ETF Decliners, June 21st (SOXS, TVIX, SRTY, SQQQ)
Tuesday, June 21, 2011 - 6:24pm | 186Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 7.47% on Tuesday as the semiconductor stocks traded higher. Advanced Micro Devices, Inc. (NYSE: AMD) gained 4.79%, and Teradyne, Inc. (NYSE: TER) added 3.97%. VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 6.78% in the...
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What's Hot On TheStreet
Tuesday, June 21, 2011 - 2:10pm | 300Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet With No Credit, Housing Investors Dig Deep Nothing like getting to work on a Monday morning and finding no fewer than four dismal reports on the housing market in my "Inbox." Credit Unions Offer Solid Bank...
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ReneSola Getting Clobbered and Might Not Get Back Up
Tuesday, June 21, 2011 - 1:50pm | 332It was as if investors rubbed on flaxseed oil and took baseball bats to Chinese solar companies. ReneSola (NYSE: SOL) was hit particularly hard and it continues being beaten. On a day when shares of leading Chinese solar companies are rising, ReneSola is hitting a new 52-week low, bettering the 52...
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Options Brief: Lam Research Corporation
Tuesday, June 21, 2011 - 10:20am | 86Shares of Lam Research Corporation (NASDAQ: LRCX) are higher on the session by 0.98%, trading at $42.45. Overall call volume is now running at 2.24x the daily average, with 33% of all calls traded being purchases on the offer. 3,188 contracts have traded on the session so far. Lam Research...
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Rodman & Renshaw Initiates Coverage of Mattson Technology with Market Outperform and PT of $3
Tuesday, June 21, 2011 - 6:01am | 122Rodman & Renshaw initiated its coverage of Mattson Technology (NASDAQ: MTSN) with a Market Outperform rating and a price target of $3. In a research report published today, Rodman & Renshaw states, "With a new set of products and customers, market share gains and a favorable capital-...
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Earnings Scheduled For June 21
Tuesday, June 21, 2011 - 12:20am | 331Jabil Circuit Inc (NYSE: JBL) is projected to report its FQ3 earnings at $0.57 per share on revenue of $4.14 billion. Barnes & Noble Inc (NYSE: BKS) is estimated to post a FQ4 loss at $0.91 per share on revenue of $1.39 billion. Commercial Metals Company (NYSE: CMC) is expected to report its...
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Monday's Put/Call Ratio Leaders
Monday, June 20, 2011 - 12:32pm | 80Here are today's Put/Call Ratio leaders… 1. SunPower Corporation (NASDAQ: SPWRB) 3,037 puts, 20 calls 2. L1 Identity Solutions (NYSE: ID) 3,096 puts, 40 calls 3. KKR Financial Holdings LLC (NYSE: KFN) 3,603 puts, 54 calls 4. Teradyne Inc. (NYSE: TER) 5,020 puts, 274 calls 5. AGCO Corp. (NASDAQ:...
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NASDAQ Stocks Hitting 52-Week Lows
Monday, June 20, 2011 - 10:16am | 120Westwood One Inc (NASDAQ: WWON) shares fell 1.12% to create a new 52-week low of $5.31. WWON's trailing-twelve-month ROE is -1,042.55%. TORM A/S (NASDAQ: TRMD) shares dropped 2.35% to create a new 52-week low of $3.94. TRMD's trailing-twelve-month profit margin is -19.86%. Rubicon Technology Inc...
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Semiconductor Stocks Struggle
Friday, June 17, 2011 - 10:44am | 370Anytime the major stock market indexes rally it is very important to look at the leading stock sectors. When a leading sector fails to participate in the rally that is usually a sign that the rally could be short lived. This morning, the Dow Jones Industrial Average is trading higher by nearly 100....
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Technical Trade Ideas for Friday, June 17
Thursday, June 16, 2011 - 6:28pm | 1516( click to enlarge ) Shares of Novatel Wireless, Inc. (NASDAQ:NVTL) soared 6.42% or 34 cents to $5.64 per share, continuing to react to the news of BMO Capital that Novatel's (NVTL) MiFi has emerged as the preferred LTE device at Verizon (VZ).The firm thinks the Street is underestimating...
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Photronics Acquires $5.0 Million Aggregate Principal Amount of Its Outstanding 5.5% Convertible Notes
Thursday, June 16, 2011 - 4:33pm | 124Photronics, Inc. (NASDAQ: PLAB) today announced that it acquired an additional $5.0 million aggregate principal amount of its 5.5% convertible senior notes due in October 2014. The convertible notes were acquired for approximately $3.2 million in cash and approximately 0.7 million shares of its...
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Puts Purchased on Kulicke and Soffa Industries
Thursday, June 16, 2011 - 10:55am | 127Shares of Kulicke and Soffa Industries (NASDAQ: KLIC) are higher on the session by 0.19%, currently trading at $10.55. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A...
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Benzinga's Top Pre-Market NASDAQ Losers
Thursday, June 16, 2011 - 8:23am | 112Finisar Corporation (NASDAQ: FNSR) dipped 17.15% to $14.69 in the pre-market session. FNSR issued downbeat projections for the first quarter. ARM Holdings plc (NASDAQ: ARMH) dropped 2.55% to $27.11 in the pre-market trading. ARMH's PEG ratio is 2.98. ASML Holding NV (NASDAQ: ASML) moved down 2.38...
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Sterne Agee Reiterates Sell on Rubicon Technology
Thursday, June 16, 2011 - 6:46am | 157Sterne Agee reiterated its Sell rating on Rubicon Technology (NASDAQ: RBCN). In a research report published today, Sterne Agee stressed its belief that the company's fundamentals will deteriorate in the near future. In the report, Sterne Agee states, "We do not believe the higher tax rate should...
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Top 4 Mid-Cap Stocks In The Semiconductor-Integrated Circuits Industry With The Lowest PEG Ratio
Thursday, June 16, 2011 - 1:01am | 123Below are the top mid-cap semiconductor-integrated circuits stocks on the NYSE and the NASDAQ in terms of PEG ratio MEMC Electronic Materials Inc (NYSE: WFR) has a PEG ratio of 0.56. WFR's trailing-twelve-month ROE is 2.90%. Marvell Technology Group Ltd (NASDAQ: MRVL) has a PEG ratio of 0.64....