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Benzinga’s News Roundup (C, JAVA, BMY, V, TRA)
Monday, December 14, 2009 - 9:29am | 359Citigroup Inc. (NYSE: C)(FREE stock trend analysis) today reported that it has reached an agreement to repay $20 billion of U.S. government aid and terminate the loss-sharing agreement with the government. Citi will immediately issue $20.5 billion comprised of capital and debt. Citigroup is trading...
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Gilead Closer to FDA Approval - Analyst Blog
Friday, December 11, 2009 - 11:30am | 460Gilead Sciences, Inc (GILD) received a positive opinion from the Anti-Infective Drugs Advisory Committee of the US Food and Drug Administration (FDA). Gilead is seeking FDA approval for inhalable aztreonam for the treatment of lung infection caused by Pseudomonas aeruginosa (P. aeruginosa) in...
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Jim Cramer Is Bullish On UBSI, TRA, NITE, PFE, THS, JPM, BMY
Thursday, December 10, 2009 - 3:59pm | 292CNBC's Mad Money Jim Cramer said on Wednesday, in the segment of his show called Lightning Round, that United Bankshares, Inc. (NASDAQ: UBSI)(FREE stock trend analysis) is a buy. He finds that United Bankshares (UBSI)(FREE stock trend analysis) is a strong bank. UPSI is up 1.19% today. Cramer also...
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J.P. Morgan Issues Update From ASTA Conference
Wednesday, December 9, 2009 - 6:38pm | 110J.P. Morgan updated its news from the agricultural sector today based on information gleaned at the American Seed Trade Association (ASTA) conference in Chicago. The bank said that Monsanto (NYSE: MON) reported a 9.9 bushel North American yield advantage for its five leading DEKALB corn hybrids....
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Benzinga’s Top Upgrades (SYY, MTB, FST, JASO, MDR, AGU)
Tuesday, December 8, 2009 - 10:49am | 215SYSCO Corporation (NYSE: SYY) was today upgraded by Citi from Hold to Buy and has raised the price target of $34 from $28. SYY is now trading at $28.67, 0.7% up. So far in 2009, SYY gained over 24%. M&T Bank Corporation (NYSE: MTB) climbed 2.59% to $63.02. Today, SunTrust upgraded M&T Bank...
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Company News for December 08, 2009 - Corporate Summary
Tuesday, December 8, 2009 - 10:15am | 234• Boeing (NYSE:BA) much-awaited first Dreamliner flight is likely to happen as early as next week • Cadbury (NYSE:CBY) may formally reply to Kraft's (NYSE:KFT) $16 billion bid on December 14 • CF Industries (NYSE:CF) increased its hostile bid for Terra Industries (NYSE:TRA) to $36.75 from $32 cash...
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Fast Money Traders Like Agriculture Stocks (POT, MON)
Monday, December 7, 2009 - 7:20pm | 91CNBC's Fast Money Crew gave commented tonight on Goldman Sachs (NYSE: GS) upgrade of Potash (NYSE: POT). Pete Najarian likes Potash (POT) around $124, as he, like Goldman Sachs (GS), thinks that demand for fertilizers is growing. Potash (POT) jumped 3.51% and closed at $121.17 today. Guy Adami is...
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New 52-Week High Stocks (AMD, AGU, RMBS, WLP, CI)
Monday, December 7, 2009 - 1:42pm | 217Advanced Micro Devices, Inc. (NYSE: AMD) has made a new 52-week high at $8.61 after Sanford C. Bernstein upgraded Advanced Micro from Underperform to Outperform and price target is set to $12. The 52-week trading range for AMD is $1.86 - $8.25. Currently, AMD is trading at $8.45, up 7.54% on 24.63...
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Benzinga’s Top Gainers (ROY, ASIA, NVDA, S, TRA)
Monday, December 7, 2009 - 1:15pm | 228International Royalty Corporation (AMEX: ROY) has soared 50.57% to $6.71 on 3.34 million shares after Franco-Nevada Corporation announced that it has informed International Royalty Corporation that Franco-Nevada Corporation intends to, directly or indirectly through a wholly-owned subsidiary, make...
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CF industries Increases Bid on Terra (CF, RA, AGU)
Monday, December 7, 2009 - 12:23pm | 242Fertilizer maker, CF Industries Holdings (NYSE: CF) , has announced that they were raising their bid for Terra Industries (NYSE: TRA), adding $4.75 a share to their previous bid. With the revisions, CF Industries’ new bid would be worth $36.75 in cash as well as 0.1034 shares of CF industries for...
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Benzinga’s Top Upgrades (KSS, DFS, AMD, POT, SRCL, AGU)
Monday, December 7, 2009 - 10:45am | 239Kohl's Corporation (NYSE: KSS) was today upgraded by Baird from Neutral to Outperform with a price target of $68. KSS is now trading at $54.56, 1.60% up. So far in 2009, KSS gained over 49%. Discover Financial Services (NYSE: DFS) climbed 2.57% to $15.57. Today, Sterne Agee upgraded Discover...
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Company News for December 07, 2009 - Corporate Summary
Monday, December 7, 2009 - 10:10am | 318• MetLife (NYSE:MET) provided better-than-consensus 2010 earnings expectations of $4.00-$4.40, ahead of the Street forecast of $4.11. The firm said it sees fourth-quarter revenues and fees of $8.50-$9.10 billion, with earnings of 90-95 cents • Cummins (NYSE:CMI) was added to Goldman Sachs' (NYSE:...
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Benzinga’s Top Pre- Market Gainers (SNTS, AKAM, NVDA, AGU, MDR, SPWRA)
Monday, December 7, 2009 - 9:44am | 264Santarus, Inc. (NASDAQ: SNTS) climbed 8.23% to $5.35 after SNTS announced that the U.S. Food and Drug Administration (FDA) has approved the Company`s New Drug Application (NDA) for immediate-release omeprazole/sodium bicarbonate/ magnesium hydroxide tablets in 40 mg and 20 mg dosage strengths of...
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Betting On The Farm (MOO)
Sunday, December 6, 2009 - 9:31pm | 177In the world of commodity ETFs, everyone knows about the gold plays and the energy plays, but people still need to eat and that makes the the Market Vectors Agribusiness ETF (NYSE: MOO) worth looking at from a macro point of view. MOO is a safer bet than a pure commodity ETF because it holds...
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Benzinga’s Top Upgrades (POT, IPI, CSCO, LF, CECO, GG, CBST, GIII)
Thursday, December 3, 2009 - 10:45am | 336Potash Corp./Saskatchewan (USA) (NYSE: POT) was today upgraded by Dahlman Rose from Sell to Hold. POT is now trading at $122.69, 0.25% up on 45K shares in the morning trading. The 52-week trading range for POT is $47.54 - $123.08. Yesterday, POT closed at $122.38. Intrepid Potash, Inc. (NYSE: IPI...