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Top Performing Industries For December 6 (BBW, NFLX, MGN, RVBD)
Monday, December 6, 2010 - 12:23pm | 207At 11.11 am, the Dow lost 0.02% to 11,379.86, the broader Standard & Poor's 500 index moved down 0.10% to 1,223.48 and the NASDAQ composite index fell 0.01% to 2,591.15. The industries that are still afloat in the market today are: Toy & Hobby Stores: This industry jumped 4.55% by 11.11 am...
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Company News for December 6, 2010 - Corporate Summary
Monday, December 6, 2010 - 10:43am | 859• Rio Tinto (NYSE: RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron's wrote favorably on Big Lots (NYSE: BIG) on valuation merits after last week's earnings miss • According to All Things Digital, talks between Google (NASDAQ:...
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Company News for December 6, 2010 - Corporate Summary
Monday, December 6, 2010 - 10:21am | 859• Rio Tinto (NYSE: RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron's wrote favorably on Big Lots (NYSE: BIG) on valuation merits after last week's earnings miss • According to All Things Digital, talks between Google (NASDAQ:...
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QE3 Is On It's Way: How To Play It
Monday, December 6, 2010 - 10:18am | 275Federal Reserve Chairman Ben Bernanke was on CBS's "60 Minutes" last night and he made the mention that more bond buying could be possible, if he felt it was necessary to stimulate. The launching of QE3 is on its way, and the United States is on its way to becoming to Japan. We're going to see no...
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Rio Tinto May Be Looking Riversdale Mining
Sunday, December 5, 2010 - 8:50pm | 147Rio Tinto (NYSE: RIO), the world's second-largest iron ore producer, is rumored to be interested in acquiring Australia's Riversdale Mining, a producer of coking coal, according to the Daily Telegraph. Rio Tinto has previously said it would not be looking to make megadeals this year, but added that...
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China Shen Up 22% (SHZ)
Friday, December 3, 2010 - 2:51pm | 59China Shen Zhou Mining & Resources, Inc. (NYSE: SHZ) is skyrocketing today, gaining almost 25% in value on heavy volume today. At last check, shares of SHZ were up 61 cents to $3.06. China Shen Zhou Mining & Resources engages in exploring, developing, mining, processing, and distributing...
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Morning Market Movers (MTSL, SHZ, HGSH, CASC)
Friday, December 3, 2010 - 11:06am | 100MER Telemanagement Solutions Ltd (NASDAQ: MTSL) jumped 23.70% to $3.81 by 10:02 am. MTSL's quarterly earnings surged 111.35% y/y. China Shen Zhou Mining & Resources Inc (AMEX: SHZ) shares surged 23.27% to $3.02. SHZ projects 164% surge in its 2011 net revenues, compared with 2010. China HGS...
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China Shen Zhou Sees 2010 Revenue of $14.5M
Friday, December 3, 2010 - 10:30am | 102China Shen Zhou Mining & Resources, Inc. (NYSE: SHZ) today announced that management has set revenue guidance for the 2010 year, and both operational and financial guidance for the next year to end December 31, 2011. For the 2010 year, net revenues are expected to grow organically to...
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Benzinga's Top ETF Gainers (FAS, DZK, SOXL, EDC)
Thursday, December 2, 2010 - 7:47pm | 203Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) spiked 7.21% on Thursday, as the banking sector continued to move higher. Wells Fargo & Company (NYSE: WFC) jumped 4.54%, and closed at $28.78. Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) jumped 5.65% today, and...
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Dollar Pulls Back, Commodity Stocks Stay Hot
Thursday, December 2, 2010 - 1:09pm | 678Commodity stocks remain extremely hot in the current market. From copper and gold, all the way to steel and molybdenum. Stocks like Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) are at 52 week highs while even stocks like United States Steel Corporation (NYSE: X) has broken dramatically...
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Norton Healthcare to Use Microsoft Solutions
Thursday, December 2, 2010 - 12:54pm | 81Norton Healthcare has entered into an agreement with Microsoft Corp (NASDAQ: MSFT). to use its health solutions platforms, Microsoft Amalga Unified Intelligence System (UIS) and Microsoft HealthVault. These systems will allow Norton Healthcare to aggregate and mine data in a highly efficient...
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Buy Commodities: Bloomberg 2010 Hedge Fund Companies
Thursday, December 2, 2010 - 12:07pm | 105Mari Kooi of Wolf Asset Management is saying that corn acreage will be bigger than people think. Farmers are buying more tractors from companies like Deere (NYSE: DE). Kooi is saying you can buy all commodity companies, like Potash (NYSE: POT) and BHP Billiton (NYSE: BHP), as well as other...
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Australian Stock Index Soars Nearly 2%
Thursday, December 2, 2010 - 8:59am | 166Australian stocks started Thursday trading slightly above the previous trading day's closing level, before prices started to surge and ended the day nearly 2% higher than the previous trading day's close. The All Ordinaries Index of Australian stocks traded between 4,676.80 and 4,770.80 and ended...
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Benzinga's Top ETF Decliners (SOXS, ERY, EDZ, SRTY)
Wednesday, December 1, 2010 - 9:13pm | 190Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) traded sharply lower today, as the semiconductor stocks rallied. SOXS fell 9.52%, and closed at $17.59, while Advanced Micro Devices, Inc. (NYSE: AMD) spiked 3.02%. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) fell 8.50%, as...
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Benzinga's Top ETF Gainers (SOXL, DAG, ERX, EDC)
Wednesday, December 1, 2010 - 9:05pm | 205Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the gainers among the ETFs today, with an increase of 9.59%. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) gained 3.02%, and Novellus Systems, Inc. (NASDAQ: NVLS) added 3.08%. PowerShares DB Agriculture Double Long...