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Short Interest In Express Scripts And Lowe's Doubles
Friday, March 11, 2016 - 9:27am | 639Short interest in a number of stocks surged in the most recent settlement period. A pharmacy benefit management company and a big-box retailer led that trend in late February. Shares of both of them rose in the period as the markets found their footing. As the markets seem to find their footing...
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Why Deutsche Bank Thinks You Should Now Buy Encana, Not Whiting
Wednesday, October 14, 2015 - 11:11am | 380Shares of Encana Corporation (NYSE: ECA) have lost nearly 54 percent from a year ago while shares of Whiting Petroleum Corp (NYSE: WLL) have lost more than 65 percent. Josh Silverstein of Deutsche Bank upgraded shares of Encana to Buy (from non-rated) and downgraded shares of Whiting to Hold (from...
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Morgan Stanley Says Encana Is 'Pulling The Trigger,' Upgrades To Overweight
Tuesday, April 21, 2015 - 8:22am | 254In a report published Tuesday, Morgan Stanley analyst Benny Wong upgraded shares of Encana Corporation (USA) (NYSE: ECA) to Overweight from Equal-weight with a price target raised to $18 from a previous $15 based on an improving asset base. According to Wong, Encana's asset base continues to...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
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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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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 5:47pm | 3229U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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Medtronic, Snyder's-Lance and Other Stocks Insiders Are Buying
Tuesday, June 26, 2012 - 10:13am | 1074Insiders may buy shares of a company because they believe its stock price will move higher and want to profit from this anticipated rise. Sell-offs might provide an opportunity for insiders who have faith in a company to snatch up shares. Below are some stocks that have recently seen insider buying...
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Credit Suisse Estimates and PT Changes
Wednesday, May 25, 2011 - 7:41am | 305In a research report published today, Credit Suisse made a number of estimates and price target changes. Renault (RNO) saw a change in estimates forecast for Nissan. In the report, Credit Suisse states, "Nissan's improving balance sheet should allow it to step up dividend payments given the...
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Goldman Sachs Comments On EnCana's 1Q11 Results
Thursday, April 21, 2011 - 8:13am | 115According to Goldman Sachs, EnCana (NYSE: ECA) reported 1Q11 adj. EPS of $0.02 vs. GS/consensus $0.15. Goldman Sachs said that operating cash flow was $932 mn vs. our $978 mn. “The miss was mostly due to lower natural gas production/realized prices and higher costs. Production/ capex guidance for...
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Natural Gas Prices Expected To Rise
Wednesday, October 13, 2010 - 7:15am | 359Citigroup has published a research report on Natural Gas price in response to the expectation that costs will rise. In the report, Citigroup writes "While companies will likely continue to emphasize liquids production this quarter, we expect North American natural gas production to actually outpace...