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Chunghwa Telecom Remains Neutral - Analyst Blog
Thursday, December 2, 2010 - 10:46am | 504Our long-term recommendation for Chunghwa Telecom Co. Ltd. (CHT) is Neutral, which means the stock will perform mostly in line with the broader marker. Chwnghwa declared solid financial results for the third quarter of 2010 with net income soaring 9.5% year over year. Chunghwa is the market...
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Goldman Sachs Maintains Sprint Buy Rating
Thursday, December 2, 2010 - 9:51am | 55Goldman Sachs said that it continues to rate Sprint Nextel Corporation (NYSE: S) Buy, with near-term catalysts (relief) in the form of a CLWR funding resolution and upcoming details on a long-term network evolution plan that could lead to substantial margin accretion. Sprint Nextel currently trades...
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Clearwire Communications Plans to Raise Over $1.1B
Thursday, December 2, 2010 - 8:48am | 36Clearwire Corporation (NASDAQ: CLWR) today announced that its operating subsidiary Clearwire Communications LLC plans to raise over $1.1 billion through the offering of debt securities in private placement transactions.
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Piper Jaffray Downgrades LEAP To Underweight
Thursday, December 2, 2010 - 8:36am | 52Analysts at Piper Jaffray downgrade Leap Wireless International Inc (NASDAQ: LEAP) from "neutral" to "underweight." The target price for LEAP has been reduced from $10 to $9. LEAP shares fell 0.09% to $11.17 in after-hours trading. More Analyst Ratings here
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Morning Market Movers (MIGP, LTON, TSRID, ALRN)
Wednesday, December 1, 2010 - 11:21am | 125Mercer Insurance Group Inc (NASDAQ: MIGP) shares surged 47.77% to $27.87 by 10:00 am. United Fire & Casualty Company (NASDAQ: UFCS) announced its plans to buy all the outstanding shares of MIGP for $28.25 per share in cash, representing a 49.8% premium to MIGP's closing price on November 30....
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How the Last Recession Shaped Up - Analyst Blog
Tuesday, November 30, 2010 - 2:30pm | 1290The recession is over. Or is it? Economic data assert it is safely behind us, but to most Americans, the change is not yet palpable. We are still reeling under the losses incurred during the recession, and trying to make better sense of what we have just been through. In retrospect, what does...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, November 30, 2010 - 9:30am | 340Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: American Tower Corp (AMT) Astronics Corp (ATRO) The Cheesecake Factory (CAKE) Electronic Arts (ERTS) HDFC Bank (HDB) View the entire Zacks #1 Rank List. AMER TOWER CORP (AMT): Free Stock Analysis Report ASTRONICS CORP (ATRO...
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How the Last Recession Shaped Up - Analyst Blog
Tuesday, November 30, 2010 - 8:55am | 1290The recession is over. Or is it? Economic data assert it is safely behind us, but to most Americans, the change is not yet palpable. We are still reeling under the losses incurred during the recession, and trying to make better sense of what we have just been through. In retrospect, what does...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, November 30, 2010 - 4:14am | 340Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: American Tower Corp (AMT) Astronics Corp (ATRO) The Cheesecake Factory (CAKE) Electronic Arts (ERTS) HDFC Bank (HDB) View the entire Zacks #1 Rank List. AMER TOWER CORP (AMT): Free Stock Analysis Report ASTRONICS CORP (ATRO...
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Financials Take Lead 11-29-2010
Monday, November 29, 2010 - 7:53pm | 799Cusick's Corner Finance took the lead into the After Hours and the market followed. With Finance showing leadership and the cold weather hitting, we saw the Energy sector, XLE get a boost at the end of the day -- it's another offensive sector that will need to continue its upswing if the bulls...
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FTE to Acquire Stake in Korek - Analyst Blog
Monday, November 29, 2010 - 6:30pm | 536According to reports and market sources, France Telecom (FTE), the world's largest telecommunications carrier in Paris, is in talks to buy a minority stake in Korek Telecom, Iraq's third-largest mobile phone operator. The acquisition will be a part of the company's strategy to expand its presence...
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Benzinga's Top ETF Gainers (UCO, AGQ, EPV, BAL)
Monday, November 29, 2010 - 6:01pm | 208ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO) traded 4.58% higher today, as crude oil jumped above $85. Oil spiked on the news of Europe's rescue package for Ireland, and it managed to hold its gains as markets moved lower on the fears that crisis could spread to Portugal and other countries....
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NII Holdings Remains Neutral - Analyst Blog
Monday, November 29, 2010 - 6:00pm | 615We maintain our long-term Neutral recommendation for NII Holdings Inc. (NIHD), which means the stock will perform mostly in line with the broader market. The company reported excellent financial results for the third quarter of 2010. This was primarily due to higher net subscriber addition and...
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Current Put/Call Ratio .35 11-29-2010
Monday, November 29, 2010 - 3:51pm | 877Cusick's Corner The market is holding up well, anchored by a Finance sector, XLF, which as of late has been a weight on the upside. The range is getting on investors' nerves but the range has been good for traders. Right now you are seeing two dynamics, those who are cashing out and those who are...
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FTE to Acquire Stake in Korek - Analyst Blog
Monday, November 29, 2010 - 1:01pm | 536According to reports and market sources, France Telecom (FTE), the world's largest telecommunications carrier in Paris, is in talks to buy a minority stake in Korek Telecom, Iraq's third-largest mobile phone operator. The acquisition will be a part of the company's strategy to expand its presence...