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US Stock Futures Down On Greek Rescue Delay
Monday, June 20, 2011 - 5:34am | 345US stock futures are lower this morning, after euro zone finance ministers postponed a decision on a Greek bailout package. Futures on the Dow Jones Industrial Average dipped 60 points to 11,878.00 and futures on the S&P 500 stock index fell 6.60 points to 1,259.40. Nasdaq 100 futures dropped...
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Stocks To Watch For June 20
Monday, June 20, 2011 - 12:17am | 239Some of the stocks that may grab investor focus today are: PetSmart Inc (NASDAQ: PETM) announced its plans to repurchase $450 million in company stock and lift its quarterly dividend to 14.5 cents per share, up from the current $0.12 per share. PETM shares dropped 0.14% to close at $43.39 on...
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MeadWestvaco Corp: Shellpak Demonstrates Statistically Significant Improvement in Patient Medication Adherence
Thursday, June 16, 2011 - 11:16am | 306According to new data published in Clinical Therapeutics, the way a medication is packaged can have a significant impact on whether patients take it as prescribed. The study showed that Shellpak® calendar blister packaging from MeadWestvaco Corp. (NYSE: MWV) was associated with improvement in...
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J.P. Morgan Comment On MeadWestvaco Analyst Day
Thursday, June 16, 2011 - 7:17am | 104According to J.P. Morgan, MeadWestvaco (NYSE: MWV) held an analyst day. J.P. Morgan said that it attended MWV's analyst day held in Charleston, SC, which was primarily focused on the Specialty Chemicals and CDLM segments, businesses that bullish investors (and the company) feel are not being...
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Goldman Sachs Reiterates Buy Rating On MeadWestvaco
Thursday, June 16, 2011 - 7:06am | 84According to Goldman Sachs, MeadWestvaco (NYSE: MWV) Buy rating is reiterated. Goldman Sachs said that it attended MeadWestvaco's (MWV) analyst day in Charleston, SC. “At the event, MWV highlighted the value of its US South land portfolio and sustainability of strong specialty chemicals earnings....
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Stocks to Watch for 6/16/11: Fresh 52-Week Highs and Lows
Thursday, June 16, 2011 - 1:28am | 2229The following stocks hit new 52-week highs in Wednesday's trading session 1) Ulta Salon, Cosmetics & Fragrances (NASDAQ: ULTA): Shares of Ulta hit a 52-week high of $59.40 in Wednesday's trading session. The stock closed at $57.03. The year-to-date performance of Ulta has been a gain of 67.7...
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Basic Materials Sector Taking a Hit
Wednesday, June 15, 2011 - 11:50am | 296The Basic Materials Sector is one of the worst performing areas of the market today, currently down 1.9% on the session. The weakest stocks in the S&P Basic Materials Sector currently are: 1) CF Industries (NYSE: CF): Shares of CF Industries are currently trading down 4% from yesterday's...
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ARM Holdings Showing Strength Today
Monday, June 13, 2011 - 8:48am | 75ARM Holdings plc (NASDAQ: ARMH) shares are up sharply today, gaining 67 cents to $28.46, a gain of 2.4% as the broader equity markets are showing early morning strength on a series of mergers announced. ARM Holdings plc designs microprocessors, physical intellectual property (IP), and related...
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Goldman Sachs Reiterates Conviction Buy On MeadWestvaco Corp.
Monday, June 13, 2011 - 7:25am | 133Goldman Sachs is reiterating its Conviction Buy rating and is raising its price target to $40 from $39 on MeadWestvaco Corp. (NYSE: MWV). In a note to clients, Goldman writes, "We reiterate our CL-Buy on MWV given that the strong fundamentals (favorable boxboard pricing) and asset value (land) are...
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Options Brief: Domtar Corporation
Friday, June 10, 2011 - 2:40pm | 78Shares of Domtar Corporation (NYSE: UFS) are lower on the session by 2.51%, trading at $94.64. Overall call volume is now running at 4.66x the daily average, with 69% of all calls traded being purchases on the offer. 1,164 contracts have traded on the session so far. Domtar Corporation is an...
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Judgement Day: IPv6 Is Here
Wednesday, June 8, 2011 - 4:13pm | 356For those of you unfamiliar with IPv6, the day is here. What is IPv6? Internet Protocol version 6 (IPv6) is a version of the Internet Protocol (IP) is succeeding IPv4. IPv4 has been in place since 1981, and had 4,294,967,296 IP addresses. IPv6 will allow for more IP addresses, and thus the...
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Odd Options Trading Ahead Of Temple-Inland Buyout Offer
Wednesday, June 8, 2011 - 4:03pm | 132One Options Trading Investor Scored Big (Benzinga) It has been recently noted that one options trading investor may have earned a 267% return after International Paper (NYSE: IP) bid $30.60 a share to purchase Temple-Inland (NYSE: TIN). Specifically and on May 25, the options trading investor...
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Acme Packet Down 3.60%
Wednesday, June 8, 2011 - 10:54am | 102Shares of once high-flying Acme Packet (NASDAQ: APKT) are rolling over in Wednesday's trading session and are currently trading down nearly 4% to $68.53. Around 1 million APKT shares have already traded hands compared to a 3-month daily average volume of 2.2 million. Over the last month, APKT has...
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Surprise, Surprise: Sketchy Options Trading Ahead Of Temple-Inland Buyout Offer
Tuesday, June 7, 2011 - 4:08pm | 171Bloomberg is reporting that an option trader's bullish bet on Temple-Inland (NYSE: TIN) may have paid off to the tune of around 267% when International Paper (NYSE: IP) made a $30.60 per share offer to purchase the company. On May 25, the trader bought 6,425 January $25 calls while selling the same...
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Stocks Hold Higher Ahead of Bernanke Speech
Tuesday, June 7, 2011 - 1:11pm | 143(TheStreet) -- Stocks held gains Tuesday, rebounding after four-straight losing sessions, as basic materials, conglomerates and consumer stocks rose ahead of comments on the economic outlook from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average was up by 73 points, or 0.6...