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Benzinga's Top Downgrades (PNY, OCLR, RIMM, UA)
Monday, December 13, 2010 - 8:44am | 146Piedmont Natural Gas Company Inc (NYSE: PNY) was downgraded by RW Baird from "outperform" to "neutral." PNY's stock closed at $29.49 on Friday. Piedmont Natural Gas's PEG ratio is 4.73. Oclaro Inc (NASDAQ: OCLR) was downgraded by Auriga from "buy" to “hold." OCLR's shares closed at $12.65 on Friday...
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Benzinga's Top Upgrades (JDSU, NTAP, NKE, EXC)
Monday, December 13, 2010 - 8:42am | 132JDS Uniphase Corporation (NASDAQ: JDSU) was upgraded by Piper Jaffray from "neutral" to "overweight." JDSU's shares closed at $13.43 on Friday. JDSU's PEG ratio is 1.06. Barclays upgrade NetApp Inc (NASDAQ: NTAP) from "equal weight" to "overweight." NTAP's shares closed at $54.15 on Friday. NetApp'...
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Citi Maintains Hold On AGL Resources
Monday, December 13, 2010 - 8:37am | 160Citi Investment Research is maintaining its Hold rating and $38 price target on AGL Resources Inc (NYSE: AGL). In a note sent to investors Citi writes, "Last week AGL Resources (AGL) announced it would acquire Nicor (GAS) for enterprise value of $3.1 bn, including debt. GAS shareholders will...
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Jefferies & Company Upgrades Exelon
Monday, December 13, 2010 - 8:32am | 31Jefferies & Company today Upgraded Exelon (NYSE: EXC) from Hold to Buy and set a revised Price Target of $44 for the stock, up from $42.50.
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Robert W Baird Downgrades PNY To Neutral
Monday, December 13, 2010 - 8:32am | 53Analysts at Robert W Baird downgrade Piedmont Natural Gas Company Inc (NYSE: PNY) from "outperform" to "neutral." The target price for PNY is set to $28. PNY's shares gained 1.62% to close at $29.49 on Friday. More Analyst Ratings here
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Jefferies & Co Upgrades EXC To Buy
Monday, December 13, 2010 - 8:20am | 51Analysts at Jefferies & Co upgrade Exelon Corporation (NYSE: EXC) from "hold" to "buy." The target price for EXC has been raised from $42.50 to $44. EXC's shares gained 1.09% to close at $40.04 on Friday. More Analyst Ratings here
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Top Yielding Stocks Selling Below Book Value
Sunday, December 12, 2010 - 2:19am | 553Imagine that you own shares of a company that has a million shares that are trading for $10 per share. This would give the company a market capitalization of $10 million. Now further imagine that if you add up all the assets of the company, such as bank accounts, inventory, equipment, and real...
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Stocks Going Ex Dividend the Fourth Week of December
Sunday, December 12, 2010 - 2:03am | 688Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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APS Expands Its AZ Sun Program - Analyst Blog
Friday, December 10, 2010 - 5:18pm | 526Arizona Public Service Co. (APS), a unit of Pinnacle West Capital Corporation (PNW), has made ties with SunEdison, a subsidiary of MEMC Electronic Materials (WFR), for the construction of two photovoltaic (PV) power plants under its AZ Sun program. Under the contract, SunEdison will develop two...
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APS Expands Its AZ Sun Program - Analyst Blog
Friday, December 10, 2010 - 5:00pm | 526Arizona Public Service Co. (APS), a unit of Pinnacle West Capital Corporation (PNW), has made ties with SunEdison, a subsidiary of MEMC Electronic Materials (WFR), for the construction of two photovoltaic (PV) power plants under its AZ Sun program. Under the contract, SunEdison will develop two...
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Edison Ups Quarterly Dividend - Analyst Blog
Friday, December 10, 2010 - 4:30pm | 527Electric utility, Edison International (EIX) boosted its quarterly dividend to 32 cents per share. The company will now pay an annual dividend of $1.28 per share compared to $1.26 previously. This move lifts the company's dividend 1.6% over last year's dividend. Edison International said that...
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Edison Ups Quarterly Dividend - Analyst Blog
Friday, December 10, 2010 - 3:48pm | 527Electric utility, Edison International (EIX) boosted its quarterly dividend to 32 cents per share. The company will now pay an annual dividend of $1.28 per share compared to $1.26 previously. This move lifts the company's dividend 1.6% over last year's dividend. Edison International said that...
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Oppenheimer Initiates Sempra Energy At Perform
Friday, December 10, 2010 - 9:55am | 154Oppenheimer has published a research report on Sempra Energy (NYSE: SRE) and has initiated the company with a Perform rating. In the report, Oppenheimer writes "We are initiating coverage of Sempra Energy with a Perform rating and a $56 price target. We expect SDG&E's EPS to grow by about 10%...
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Oppenheimer Initiates Calpine At Outperform
Friday, December 10, 2010 - 9:52am | 150Oppenheimer has published a research report on Calpine Corporation (NYSE: CPN) and has initiated the company at Outperform. In the report, Oppenheimer writes "We are initiating coverage of Calpine with an Outperform rating and and a $16 price target. In our view, Calpine is well positioned to...
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Oppenheimer Initiates CenterPoint At Outperform
Friday, December 10, 2010 - 9:48am | 135Oppenheimer has published a research report on CenterPoint Energy (NYSE: CNP) and has initiated the company at Outperform. In the report, Oppenheimer writes "We are initiating coverage of CenterPoint Energy, Inc. with an Outperform rating and $18 PT. We believe that CenterPoint has a better growth...