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Look To Dividend Stocks In Current Market Storm (MO, T, CVX, DD, KO, MCD)
Tuesday, July 6, 2010 - 2:07pm | 382Whether you are an investor or a trader, opportunities to make money on the long side have been few and far between in 2010. For the most part, the name of the game has been to not lose money. Year-to-date, the SPDR S&P 500 ETF has fallen 7.35%. One way that investors can try to protect...
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Top Ethanol Stocks
Monday, July 5, 2010 - 2:58am | 396The Neolithic people used ethanol as a beverage 9,000 years ago, according to some researchers. Ethanol was first used as fuel in 1840 as lamp fuel. With the price of oil bouncing way above $70 a barrel, fuel alternatives such as ethanol are receiving closer examination. For a list of all the...
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Jefferies & Company Weigh in on Specialty Chemicals Industrials
Saturday, July 3, 2010 - 1:49pm | 183On Friday, July 2, Jefferies & Company came out with a report that suggests chemical investors to find a mix of secular growth names along with companies that combine continuous structural improvements with operational leverage. The S&P 500 has overperformed the specialty chemicals industry...
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Fast Money Picks For July 1st (ITUB, GS, C, DD)
Wednesday, June 30, 2010 - 7:09pm | 160On CNBC's Fast Money, Tim Seymour said that he wants to buy Itau Unibanco Banco Holding SA (ADR) (NYSE: ITUB) on Thursday. Itau Unibanco Banco Holding SA (ITUB) fell 1.10% and closed at $18.01. Joe Terranova wants to buy call options in Goldman Sachs Group, Inc. (NYSE: GS). You can buy the July 135...
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Benzinga’s Top Downgrades (RIMM, AMSF, LXU, BAP)
Friday, June 25, 2010 - 9:38am | 147Research In Motion Limited (NASDAQ: RIMM) was downgraded by Robert W Baird from “outperform” to “neutral.” RIMM’s shares closed at $58.58 yesterday. Research In Motion’s 52-week trading range is $54.30-$88.08. Oppenheimer downgraded Amerisafe Inc (NASDAQ: AMSF) from “outperform” to “perform.” AMSF’...
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Tibco Software (TIBX) Reports Solid Beat, Raised Guidance
Friday, June 25, 2010 - 9:24am | 882Oracle (ORCL) and Research in Motion (RIMM) stole all the earnings attention last night, but Tibco Software (TIBX) put out some solid numbers and raised guidance. Right now almost every stock is hostage to the overall market as student body left trading has replaced valuing stocks on their own...
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Now Is Not The Time To Be Aggressive (DD, GIS, PEP, K)
Wednesday, June 23, 2010 - 1:29pm | 384Yesterday, the existing home sales number came in much worse than expected, delivering a 2.2% decline compared to analysts' estimates of a 6% increase. Today, the new home sales number delivered another bombshell, dropping a record 32.7% in May to the lowest level in at least four decades. To be...
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Jefferies Confident in Ashland; Raises EPS Estimate (ASH)
Wednesday, June 23, 2010 - 11:03am | 102Jefferies & Co. reiterated its Buy rating on Ashland (NYSE: ASH) today. Based on "Ashland's significant operating leverage to a recovery and robust free cash flow," Jefferies raised its F2010 EPS Target to $4.25 from $4.05. Ashland's valuable Valvoline brand experienced a sales increase of 10%...
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Benzinga’s Top Upgrades (ATU, TSO, BP, EMN)
Friday, June 18, 2010 - 7:12am | 147Actuant Corporation (NYSE: ATU) was upgraded by Janney Montgomery from “neutral” to “buy.” ATU’s shares closed at $19.95 yesterday. Actuant’s quarterly earnings rose 36.84%. RBC Capital Markets upgraded Tesoro Corporation (NYSE: TSO) from “underperform” to “sector perform.” TSO’s shares closed at $...
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Jefferies: 2010 Is A Transition Year For DD, MON, SYT
Thursday, June 17, 2010 - 1:49pm | 218According to Jefferies, “Many investors remain focused on upside risks to the supply side of the crop equation and are missing improving demand fundamentals. The USDA increased its estimate for corn usage on both higher ethanol production and food/industrial usage… Yield expectations remain high,...
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It's Inverted Hammer-time! Can't Touch This? 06-10-2010
Thursday, June 10, 2010 - 3:20pm | 870Cusick's Corner The Euro is up -- overseas markets showed strength. There has been some flight from safety today – Gold is down, Dollar down and money has flowed to other sectors like Energy. BP is up after yesterday’s plunge in the stock (see Implied Volatility Movers) and Transocean (RIG) has...
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Company News for June 10, 2010 - Corporate Summary
Thursday, June 10, 2010 - 10:04am | 188• Reports say another federal probe into Goldman Sachs' (NYSE:GS) handling of CDO is in the works, regarding a $2 billion Hudson Mezzanine offering sold in 2006 • Old Republic (NYSE:ORI) announced plans to merge with PMA Capital (NASDAQ:PMACA), in a $365 million deal • Citigroup (NYSE:C) upgraded...
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Stock Market News for June 9, 2010 - Market News
Wednesday, June 9, 2010 - 10:15am | 618It seems nauseating churns have become a trend. A volatile last-hour trading Tuesday sent stocks higher, helping markets end a two day-slump as Federal Reserve Chairman Ben Bernanke noted the economy’s return to recession was unlikely. In the final minutes of trading, the Dow industrials jumped...
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SPX Resistance 1070 06-08-2010
Tuesday, June 8, 2010 - 6:39pm | 689Cusick’s Corner The market hung around support, 1050 on the SPX, and wedged through to the upside to finish in the green. Watch resistance, looks to be at the 1070 mark on the S&P because we still have not seen any relative strength in the small caps, RUT. This small bullish divergence today...
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Watch SPX Key Support 1050 06-08-2010
Tuesday, June 8, 2010 - 4:07pm | 774Cusick’s Corner Small Caps like the RUT and bigger sectors like Financials and Energies are continuing to pullback -- longs into the Midday are looking pretty beat up. The market action can generally be described as some small buying on new lows, then the market recovers and at the end of a...