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Options Brief: MeadWestvaco Corporation
Friday, June 3, 2011 - 9:18am | 76Shares of MeadWestvaco Corporation (NYSE: MWV) are lower on the session by 1.78%, trading at $32.57. Overall call volume is now running at 20.04x the daily average, with 50% of all calls traded being purchases on the offer. 1,102 contracts have traded on the session so far. MeadWestvaco...
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Bull & Bear: Verizon Communications
Wednesday, June 1, 2011 - 1:02pm | 283Shares of Verizon Communications (NYSE: VZ) are trading lower on the session by 1.63%, at $36.33. With shares recently falling below the 50-day moving averages, you have to wonder where shares could head next… Bulls: Bulls will note that Verizon Communications has been in an uptrend for the past...
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Calls Purchased on Sonus Networks
Thursday, May 26, 2011 - 10:46am | 153Shares of Sonus Networks, Inc. (NASDAQ: SONS) are higher on the session by 3.19%, currently trading at $3.19. The stock has been moving largely lower over the past three months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the...
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"Survey says".... German growth has probably peaked
Tuesday, May 24, 2011 - 9:42am | 725This week further evidence has emerged of Germany's slowing growth trajectory. At 4.9% annual growth (calendar-adjusted) and a tightening bias from the ECB, this was, of course, to be expected. READ MORE AFTER THE JUMP!Yesterday the Manufacturing May 'Flash' PMI by Markit Research highlighted, in...
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AT&T U-verse TV Premieres French Open Multiview
Monday, May 23, 2011 - 9:27am | 703For true tennis fans, there's only one way to enjoy all the action at the French Open this year — and that's watching multiple matches on up to four courts at once and choosing which to follow with the French Open Multiview on U-verse® TV. AT&T today announced the launch of AT&T U-verse TV'...
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Options Brief: Brocade Communications Systems
Friday, May 20, 2011 - 11:56am | 110Shares of Brocade Communications Systems (NASDAQ: BRCD) are higher on the session by 6.98%, trading at $6.70. Overall call volume is now running at 3.89x the daily average, with 43% of all calls traded being purchases on the offer. 22,138 contracts have traded on the session so far. Brocade...
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Neenah Paper Announces John O'Donnell Appointed CEO
Wednesday, May 18, 2011 - 3:48pm | 110Neenah Paper, Inc. (NYSE: NP) today announced that the Company's Board of Directors formally appointed John O'Donnell as Chief Executive Officer effective May 18 as part of its previously announced executive succession plan. Mr. O'Donnell, who was Senior Vice President and Chief Operating Officer...
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Options Brief: Buckeye Technologies Inc. (BKI)
Tuesday, May 17, 2011 - 9:50am | 85Shares of Buckeye Technologies Inc. (NYSE: BKI) are lower on the session by 0.91%, trading at $25.07. Overall put volume is now running at 11.32x the daily average, with 0% of all puts traded being purchases on the offer. 3,000 contracts have traded on the session so far. Buckeye Technologies...
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Mercer International Announces Redemption of All of Its Remaining 8.5% Convertible Senior Subordinated Notes Due 2012
Monday, May 16, 2011 - 3:16pm | 135Mercer International (Nasdaq: MERC) today announced that it intends to redeem all of its 8.5% Convertible Senior Subordinated Notes due 2012 (CUSIP 588056AK7) (the "Notes"), of which $37,008,608 in aggregate principal amount remain outstanding. A notice of redemption (the "Redemption Notice")...
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Glatfelter Announces Price Increase on Raw Materials
Monday, May 16, 2011 - 2:37pm | 126Glatfelter (NYSE: GLT) has announced that its Advanced Airlaid Materials Business Unit will begin implementing price increases on a global basis in response to a continued rise in input costs. Costs for AMBU's petroleum based raw materials as well as fluff pulp have continued to increase through...
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Acme Packet Falls 3% (APKT)
Monday, May 16, 2011 - 1:32pm | 93Shares of high flying Acme Packet (NASDAQ: APKT) have been trading in a pretty wide range on Monday, hitting a high of $78.71 before selling off hard. Currently, the stock is down 3.66% to $75.12. Over the last month, APKT shares have risen around 4%. Acme Packet, Inc. provides session border...
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The Good & Not So Good 05-12-2011
Thursday, May 12, 2011 - 6:14pm | 880Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...
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Equities Cannot Be Denied 05-12-2011
Thursday, May 12, 2011 - 3:10pm | 876Cusick's Corner The Bears were not able to garner momentum after the open and by the Midday lost all ground. This is encouraging for equities that the bid was able to hold and get the market into the green. We also saw that the Dollar has crept back below mid-term support, 50-Day Simple Moving...
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Domtar Repurchasing $150m Under Accelerated Share Repurchase
Thursday, May 12, 2011 - 8:13am | 146Domtar Corporation (NYSE: UFS) today announced that it entered into an accelerated share repurchase agreement with a third party. Under the ASR agreement, the Company is repurchasing $150 million of its common stock with available cash on hand. This ASR agreement was entered into pursuant to the...
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Mad Money Lightning Round: Cramer Dislikes Bank of America (BAC, CLNE, MERC, LTD, DUK, ED, D, SCCO, NG)
Wednesday, May 11, 2011 - 11:59pm | 307On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Bank of America (NYSE: BAC) is a “dead stock.” He added, “There is no catalyst ahead. It's not a good stock and I can't recommend it." For Clean Energy Fuels (NASDAQ: CLNE), he said, "A chain of natural gas stations are in our...