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Have Big Banks Fully Recovered From The Financial Crisis?
Tuesday, March 10, 2015 - 11:44am | 675The current bull market turned six years old on Monday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six...
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How Has The Bull Market Treated 4 Of 2009's Biggest Tech Names?
Tuesday, March 10, 2015 - 7:26am | 583The bull market run turned six years old on Monday, and it seems appropriate to take a look back and see how far it has come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six years....
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Want To Invest Like A Billionaire? iBillionaire Has An App For That
Thursday, March 5, 2015 - 3:04pm | 1038Who will be the next Apple? What company with what disruptive idea will turn the world of technology upside down? In this series, Benzinga interviewed CEOs of several technology startups that are making waves today in hopes of making a difference tomorrow. Imagine receiving a text message from...
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S&P U.S. Chief Economist Beth Ann Bovino On Friday's Jobs Report
Friday, February 6, 2015 - 4:26pm | 166S&P U.S. Chief Economist Beth Ann Bovino commented on the Friday jobs report. Bovino told Benzinga that the strength in the numbers was a surprise and that the expected “drag from energy” was less than what was estimated. “The good news was...that prior numbers were...
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Warren Buffett Remarks On Moody's, Coca-Cola And The 'iWatch'
Thursday, February 5, 2015 - 4:41pm | 420Chairman and CEO of Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) Warren Buffett was recently interviewed by FBN’s Liz Claman. In the interview, Buffett provided insight into his prominent holdings: The Coca-Cola Co (NYSE: KO) and Moody's Corporation (NYSE: MCO). He also discussed...
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Carl Icahn Feels Apple Would Be Undervalued Even At $200 A Share
Thursday, January 29, 2015 - 7:52am | 426Chairman of Icahn Enterprises LP (NASDAQ: IEP) Carl Icahn was recently on CNBC to talk about performance of Tim Cook as CEO of Apple Inc. (NASDAQ: AAPL) and how a short squeeze is taking place in stock of Apple. Tim Cook Supporter Icahn began, “We think very, very highly of Tim [Cook]...
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S&P Cuts Russia To Junk Status, Ruble And Shares Fall
Monday, January 26, 2015 - 4:51pm | 179Russia’s credit rating was cut by S&P Monday from BBB- to BB+, the first tier of the non-investment grade, ‘junk’ ratings. It was the first time in more than 10 years the country was rated below investment-grade. S&P also maintained a negative outlook, which could...
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Making Sense Of The Increase In Volatility
Wednesday, January 14, 2015 - 2:25pm | 824If one was out and about on Tuesday and unable to view the intraday action, the end result of the trading session may not have produced much of a reaction as the Dow fell 27 points, the S&P dropped 5, and the NASDAQ gave up just 3. However, anyone watching the day unfold knows that there...
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Twitter Tagged At 'Junk' Status By Standard & Poor's
Thursday, November 13, 2014 - 4:50pm | 223Twitter Inc (NYSE: TWTR) shares fell more than 5 percent Thursday after a major ratings agency tagged its debt at junk status. Twitter traded recently at $40.32, down 5.2 percent. Standard & Poor's said its rating indicates "major ongoing uncertainties" regarding potentially...
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What Do The Sectors Say About Technical Divergences?
Wednesday, September 24, 2014 - 9:31am | 1255Last time covered the "technical divergences" evident in the current market from a big-picture standpoint. The Dow, S&P, NASDAQ, Russell 2000 and S&P 400 Midcap were compared in order to see if the major indices were all singing the same song. Note that in a strong market,...
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Noncommittal Bulls, Lazy Bears: Options Outlook For The Week Of August 18
Monday, August 18, 2014 - 9:13am | 424The strong open last Friday quickly faded to redness, with the Nasdaq holding strongest. Though a disappointment for the bulls, Friday capped a week that should comfort them -- traders peeked at a whoosh down and survived. This Week's Outlook The bulls hit the sell button as headlines of...
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Markets Little Changed Ahead Of 4th Of July Break
Wednesday, July 2, 2014 - 4:34pm | 2100U.S. stocks were little changed despite an ADP jobs report showing better-than-expected numbers. The ADP report comes ahead of the non-farm payrolls due on Thursday. Analysts are expecting the payrolls to confirm 212,000 jobs were added in June. The markets will close at 1:00 p.m. on Thursday...
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Market Wrap For June 6: Markets Higher After In-Line Jobs Report
Friday, June 6, 2014 - 4:47pm | 1530U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...
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Stocks Break Out, But Bears Remain Unconvinced
Thursday, April 3, 2014 - 4:08pm | 1856Stocks apparently broke out of what had been a fairly painful trading range on Tuesday, as the S&P 500 pushed above both the old intraday and closing highs. Of course, the bears will argue the move was unconvincing and that no other major index followed suit. And anyone wearing a...