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Stock Market News for November 17, 2010 - Market News
Wednesday, November 17, 2010 - 10:33am | 985Reports of a slowdown in China and concerns that the European debt crisis could spread throughout the continent cast a shadow on Wall Street Tuesday, sending the Dow average to its biggest single-session drop since August. The fast-paced economic growth in some Asian economies, particularly...
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Stock Market News for November 17, 2010 - Market News
Wednesday, November 17, 2010 - 5:19am | 985Reports of a slowdown in China and concerns that the European debt crisis could spread throughout the continent cast a shadow on Wall Street Tuesday, sending the Dow average to its biggest single-session drop since August. The fast-paced economic growth in some Asian economies, particularly...
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Wall Street in Retreat: Dow Slides 200 on China, Ireland
Tuesday, November 16, 2010 - 4:42pm | 306Slammed by fears about Ireland's debt mess and China's inflation, the Dow slumped about 200 points and threatened to close below the 11000 level on Tuesday. Today's Markets As of 2:41 p.m. ET, the Dow Jones Industrial Average fell 206.73 points, or 1.84%, to 10996.86, the Standard & Poor's 500...
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Soros Adds To Apple Position (AAPL)
Monday, November 15, 2010 - 6:29pm | 142According to George Soros' latest 13-F, the investing legend has added to his positions in InterOil (NYSE: IOC), and Apple Computer (NASDAQ: AAPL). He also bought shares of American Axle (NYSE: AXL) in the last quarter. He cut his holdings in Akamai (NASDAQ: AKAM), ADC Communications (NASDAQ: ADCT...
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Mad Money Lightning Round: Cramer Likes Alcoa (DECK, BP, IGT, LVS, WYNN, MGM, DVN, ELX, EMC, AA)
Monday, November 15, 2010 - 4:23am | 233On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Deckers Outdoor (NASDAQ: DECK) had a “fantastic quarter. That stock is dynamite." For BP (NYSE: BP), he said, "There are so many others out there with better prospects. Let's let other people deal with BP's headaches." Jim prefers...
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Alcoa Inc. Provides Encouraging Outlook, Dahlman Rose & Co. Reports
Friday, November 12, 2010 - 9:43am | 64Dahlman Rose & Co. said that during Alcoa Inc.'s (NYSE: AA) Investor Day, the company highlighted constructive industry trends and provided an encouraging outlook for its upstream and downstream businesses. “We believe that there is an attractive upside to Alcoa's operating performance over the...
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Metals Crashed (FCX, BHP, AA)
Tuesday, November 9, 2010 - 3:15pm | 159It appears today may have been a blown off top in the metals, as nothing can run up forever. After the metals, particularly silver, were up tremendously this morning, the metals and their related stocks are falling sharply. Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is down 30 cents to $...
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Alcoa to Hold Investor Day on November 10
Monday, November 8, 2010 - 10:08am | 49Alcoa (NYSE: AA) will host an Investor Day on Wednesday, November 10, 2010, beginning at approximately 8 a.m. (EST) in New York. The event will be webcast live via Alcoa's website with presentation materials available on-line.
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Alcoa Hosts First Investor Day Since 2006
Monday, November 8, 2010 - 8:26am | 139Citigroup has published a research report on Alcoa Inc. (NYSE: AA) in anticipation of the company's Investor Day. In the report, Citigroup writes "For the first time since 2006, Alcoa is hosting a comprehensive investor meeting in New York on Wednesday, November 10th. The preliminary agenda shows...
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Get Your Account Ready for Trading
Thursday, November 4, 2010 - 12:53pm | 2263You've filled out all the necessary forms and your OptionsHouse account is open. Maybe you've even played around in the virtual trading platform to try some new strategies or sharpen your skills. But you can't be terribly productive until your account is funded. There are four ways to fund your...
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Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 10:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
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Upbeat Manufacturing Reports Fire Up Markets
Monday, November 1, 2010 - 10:49am | 205In a bullish kickoff to November and a highly-anticipated week on Wall Street, the Dow soared more than 100 points Monday morning as the markets cheered stronger-than-expected manufacturing reports in the U.S. and China. Today's Markets As of 10:27 a.m. ET, the Dow Jones Industrial Average rose 106...
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Alcoa Is Poised to Outperform Apple in 2011
Monday, November 1, 2010 - 8:43am | 120The Tech sector is still kicking ass and taking names, in terms of its relative strength outperforming the broad market. But Apple (NASDAQ: AAPL) has not gained an inch against Alcoa (NYSE: AA) since June. In fact, Apple seems to have maxed out at 25 x Alcoa a few months back. Alcoa upside...
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Market Tricks or Treats 10-29-2010
Friday, October 29, 2010 - 5:55pm | 803Cusick's Corner Trick or Treat! No real action today – market participants were on the sidelines today, stuffing themselves with candy as they wait to see what Halloween costumes come knocking on the door next week. Traders are waiting on Tuesday's elections and the Fed's QE2 plan. Will it be a...
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VIX on the Move Up 10-29-2010
Friday, October 29, 2010 - 2:46pm | 897Cusick's Corner The VIX is on the move up with the market going higher -- a potential flag that Tuesday's election hype and the Fed's QE2 seem to be already priced into the market. Headline risk can often be a potential catalyst for a higher VIX. Small Caps, IWM, and Finance, XLF (one of the 4...