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The Impact of Recent Merger Activity on Options Trading
Thursday, March 4, 2010 - 5:23pm | 1941Through the first two months of 2010, it appears the merger and acquisition party of the late 90s and early 2000 could be raring up once again. As Warren Buffett pointed out in his annual letter to shareholders, bankers don’t get paid for suggesting that companies not do deals, they get paid to...
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Stocks You Must Buy Today (QCOM, BMS, FAST)
Wednesday, March 3, 2010 - 11:22pm | 275According to “Stocks Worth Owning Today” , there are several stocks, and industry specific counters that an investor should have in his portfolio. Given the uncertainties about the recovery, investing in companies that are fundamentally strong and have rewarded its shareholder even during the...
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We would like to fade $PCLN here.
Wednesday, March 3, 2010 - 11:54am | 496We know we have been getting beat up on our short trades the last few days, however we think we can score a few points here. We are shorting PCLN at $239.25. We are going to keep a tight stop on this at $242.50. Once again the risk reward looks good. Risking $3.25 points for a potential of $5- $7...
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Stock Market News for March 3, 2010 - Market News
Wednesday, March 3, 2010 - 10:18am | 426U.S. stock rose for a third straight session as hopes grew European leaders would soon find a resolution to Greece’s debt problems, and as key banking analyst Richard Bove said the banking industry is showing signs of stabilization. Recovery expectations gained further ground after Qualcomm...
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CF (CF) Bids $4.73 Billion For Terra (TRA) Countering Yara’s (YARIY) Offer
Tuesday, March 2, 2010 - 3:19pm | 138Bloomberg reports that CF Industries Holdings Inc. (NYSE: CF) made a counter offer of $4.73 billion for Terra Industries Inc. (NYSE: TRA), in response to the bid by Yara International ASA (OTC: YARIY). If Yara’s bid is accepted, then it will become the largest U.S. maker of nitrogen-based crop...
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Terra Industries Inc. (TRA) Gains 11.50% After A Revised Buyout Offer By CF Industries (CF)
Tuesday, March 2, 2010 - 12:35pm | 130Terrra Industries (NYSE: TRA) got off to a head start on Tuesday, as CF Industries (NYSE: CF) came out with a fresh offer to acquire Terra Industries (TRA), by offering $37.50 per share of cash payment, and another one tenth of its share, in a cash and stock deal. The stock started with a wide gap...
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Hong Kong Weak. We were stopped out of $WFMI
Tuesday, March 2, 2010 - 8:42am | 716Overnight Hong was down triple digits.Hong Kong's benchmark Hang Seng Index dropped 0.7% to 20,917.32, dragged lower by HSBC and Hang Seng Bank, although mainland Chinese banks rose to support the market amid expectations that China's People's National Congress may announce a continuation of its...
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CF Industries Makes Another Bid For Terra Industries-CNBC
Tuesday, March 2, 2010 - 8:22am | 33CF Industries (NYSE: CF) makes another bid for Terra Industries (NYSE: TRA), according to CNBC's David Faber.
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Chilean Mines Back To Shaky Start
Monday, March 1, 2010 - 4:25pm | 126Mines and seaports in Chile are making a valiant attempt to resume operations two days after a devastating quake hit the country. The price of copper had jumped 5% when markets opened, owing to nearly 20% of mining capacity being affected by the quake. State-owned Codelco’s largest mine was up and...
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Approval for Gilead's Cayston - Analyst Blog
Monday, March 1, 2010 - 2:05pm | 353In a positive development, Gilead Sciences (GILD) received long-awaited US Food and Drug Administration (FDA) approval for Cayston (aztreonam for inhalation solution). The drug is indicated for the treatment of lung infection caused by Pseudomonas aeruginosa (P. aeruginosa) in patients with cystic...
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February 28, 2010: Chile, No Cause To Tremor.
Sunday, February 28, 2010 - 5:50pm | 442The devastation of wide areas within Chile may give investors pause. The Bolsa de Commercio de Santiago will likely expect some selling pressure as the country sorts out the damage from the powerful earthquake Saturday. As the market has been one of the best performers in thew world over the past...
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The Big Picture for the Week of February 28, 2010
Saturday, February 27, 2010 - 9:17am | 1215Another assist today from Market Folly as they review an agricultural fund from Passport Capital. In the report that Market folly published Passport disclosed being up 10.3% in the period reported versus 66.6% for Market Vectors Agribusiness ETF (MOO). I recently added this ETF to client accounts....
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Being Greedy Went Against US This TIme : $AAPL $POT $WFMI
Friday, February 26, 2010 - 5:00pm | 481We got crushed on our short positions. Stops on AAPL and POT triggered. We watched gains go into losses. Worst rule of trading. Of course we suggested taking some profits but indicated that we were willing to let it ride and look for a big gain. We didn't get it. AAPL got stopped out at the $204.5...
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Being Greedy Went Against US This TIme : $AAPL $POT $WFMI
Friday, February 26, 2010 - 5:00pm | 460We got crushed on our short positions. Stops on AAPL and POT triggered. We watched gains go into losses. Worst rule of trading. Of course we suggested taking some profits but indicated that we were willing to let it ride and look for a big gain. We didn't get it. AAPL got stopped out at the $204.5...
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Some Foreign Stocks Have Returned 1000% And Above In the Last Decade (RIMM, POT, FRO)
Friday, February 26, 2010 - 3:58pm | 157According to "Foreign Stocks", many analyst, and economics professors believe there is an optimal level of having foreign stocks in an investor’s portfolio. Wharton Professor Jeremy Siegel said an investor can minimize risk with 22.5% of foreign exposure in his portfolio. A 37.8% of foreign...