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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 4:32pm | 3174U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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Earnings Expectations For The Week Of May 5: Disney, Pfizer, Tesla And More
Sunday, May 4, 2014 - 5:46pm | 1225Highlights on the earnings front this week include scheduled quarterly reports from Disney, Keurig Green Mountain, Pfizer and Whole Foods Market, which are expected to post year-over-year earnings gains. Analysts expect Tesla Motors to say its earnings declined, and for Groupon and SolarCity to...
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Doug Kass On Bubbles, Forecasting, Social Media And More
Friday, May 2, 2014 - 5:12pm | 637Legendary hedge fund manager Doug Kass joined the Benzinga crew on PreMarket Prep this week to share his views on just about everything. During the interview, Kass explained why social media is his least favorite sector. "I think the entire social media sector, we're gonna look back and most of...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Icahn And Ackman Kiss And Make Up
Tuesday, April 29, 2014 - 1:39pm | 731Who would have guessed all it would take was a phone call? Following a 30-minute phone conversation last week, one of Wall Street’s longest running feuds between activist investors Carl Icahn and William Ackman ended according to The Wall Street Journal. Ackman told Icahn’s assistant on April...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Sears And Others Insiders Have Been Buying
Sunday, April 20, 2014 - 11:13am | 843Both Sears Holdings and Sears Hometown and Outlet Stores have seen insider buying lately. So have Aircastle and Opko Health, which frequently see insiders scooping up shares. Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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Keurig, Office Depot And Others Insiders Have Been Buying
Sunday, March 16, 2014 - 3:50pm | 752Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. First Financial Bankshares One director has scooped up a total of 9,600 shares of First Financial Bankshares (NASDAQ:...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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GlaxoSmithKline, Kinder Morgan And Others Insiders Have Been Buying
Sunday, February 23, 2014 - 9:59am | 728Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company to snap up shares. Here are some stocks that have seen insider buying recently. Aircastle Japanese trading company Marubeni Corp. has been scooping up batches of Aircastle (NYSE: AYR) shares since last...
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General Electric, American Eagle Outfitters And Others Insiders Have Been Buying
Saturday, February 1, 2014 - 5:16pm | 794Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have...