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Mad Money Lightning Round: Cramer Likes Southern Company
Thursday, July 14, 2011 - 2:21am | 279On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Quest Diagnostics (NYSE: DGX) has “done nothing recently but it's starting to more up." For Southern Company (NYSE: SO), he said, "I feel so good about that stock. That's the kind of stock you want to own as part of a...
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Options Brief: Dynegy
Wednesday, July 13, 2011 - 3:48pm | 95Shares of Dynegy (NYSE: DYN) are higher on the session by 4.87%, trading at $6.68. Overall call volume is now running at 4.46x the daily average, with 88% of all calls traded being purchases on the offer. 1,129 contracts have traded on the session so far. Dynegy Inc. is a holding company and...
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Deutsche Bank Has Buy On ITC Holdings
Wednesday, July 13, 2011 - 1:29pm | 148Deutsche Bank has a Buy rating and a $76.50 price target on shares of ITC Holdings (NYSE: ITC). In a note to clients, Deutsche Bank writes, "Yesterday, the Kansas Corporation Commission gave ITC siting approval for the Kansas V-Plan transmission line, a 345kV double-circuit line that will connect...
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Earnings Preview: NextEra Energy EPS, Revenue Expected to Rise from Previous Quarter
Wednesday, July 13, 2011 - 12:54pm | 460It's time to gear up for NextEra Energy (NYSE: NEE) earnings! Keep your head in the game: The company releases its next round of earnings this Monday, July 18, 2011. Need to brush up a bit ahead of Monday's announcement? We've got just the thing. Here's your essential guide to NextEra Energy's...
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Options Brief: Calpine
Wednesday, July 13, 2011 - 10:17am | 76Shares of Calpine (NYSE: CPN) are higher on the session by 0.93%, trading at $16.27. Overall call volume is now running at 3.73x the daily average, with 15% of all calls traded being purchases on the offer. 2,623 contracts have traded on the session so far. Calpine Corporation is an independent...
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Wunderlich Maintains Hold on NiSource
Wednesday, July 13, 2011 - 8:36am | 142Wunderlich is out with its report today on NiSource (NYSE: NI), maintaining Hold. In a note to clients, Wunderlich writes, "After the close yesterday, NiSource indicated to Indiana regulators that the company has reached a settlement with most of the major intervenors in their pending electric...
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Jefferies Raises PPL Corp. Estimates
Wednesday, July 13, 2011 - 8:23am | 50Jefferies is raising its estimates on PPL Corp. (NYSE: PPL). “We are increasing our 2Q11 EPS estimate by $0.10 to $0.40 following the update for the share dilution calculation,” Jefferies writes. “We are decreasing our 4Q11 EPS estimate by $0.10 to $0.65.” PPL closed Tuesday at $27.96.
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News International to Offer Employment for Majority of News of the World Staff
Wednesday, July 13, 2011 - 6:01am | 138News International (NI) has announced that it will offer employment opportunities to the vast majority of staff who lost their jobs as a result of the closure of the News of the World. Starting next week, NI human resource managers will meet with each of the affected News of the World staff with a...
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Top 4 NYSE Stocks In General Building Materials Industry With The Highest Operating Margin
Wednesday, July 13, 2011 - 5:19am | 121Below are the top general building materials stocks on the NYSE in terms of operating margin. The trailing-twelve-month operating margin at LSB Industries Inc (NYSE: LXU) is 13.04%. LXU's PEG ratio is 1.27. The trailing-twelve-month operating margin at Valspar Corporation (The) (NYSE: VAL) is 11....
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Gabelli Maintains Buy on American Water Works
Tuesday, July 12, 2011 - 9:04am | 108Gabelli is out with its report today on American Water Works (NYSE: AWK), maintaining Buy. In a note to clients, Gabelli writes, "We regard AWK as a high quality conservative utility with unique growth opportunities. Shares trade at 18.0X and 16.5X our 2011 and 2012 EPS estimates compared to the...
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Gabelli Maintains Buy on Aqua America
Tuesday, July 12, 2011 - 8:58am | 128Gabelli is out with its report today on Aqua America (NYSE: WTR), maintaining Buy. In a note to clients, Gabelli writes, "We regard WTR as a well-managed, low-risk, high quality conservative utility with ample growth opportunities. WTR shares currently trade at 22.7x and 20.5x our 2011 and 2012...
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A Peek Into The Market Before The Trading Starts
Tuesday, July 12, 2011 - 7:58am | 407Pre-open movers US stock futures are lower this morning, as debt fears moved to Italy. Futures on the Dow Jones Industrial Average dropped 96 points to 12,393.00 and futures on the S&P 500 stock index fell 14.20 points to 2,344.75. Nasdaq 100 futures declined 22.25 points to 2,344.75. A Peek...
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CVPS to Merge With GMP; Will Provide CVPS shareholders $35.25 per Common Share
Tuesday, July 12, 2011 - 7:01am | 115The leaders of Central Vermont Public Service Corporation (NYSE: CV) and Gaz Métro Limited Partnership today announced that a definitive agreement for the sale of CVPS has been signed. This clears the path for the combination of CVPS and Green Mountain Power Corporation, a subsidiary of Gaz Métro,...
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Jefferies Raises PT On PNM Resources To $17
Tuesday, July 12, 2011 - 7:00am | 27Jefferies & Company has raised the price target on PNM Resources (NYSE: PNM) from $16.50 to $17 and maintains its Hold rating.
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Twelve ETFs Trading Near 52-Week Highs
Tuesday, July 12, 2011 - 6:56am | 874First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...