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The 2015 Benzinga Fintech Award Winners
Thursday, April 9, 2015 - 2:57pm | 803On Wednesday, April 8, the Benzinga Fintech Awards took place in New York City. The idea behind it was finding the “Most Innovative Fintech Company.” Businesses came together to demo their technology to the leaders and executives at the top financial and capital market firms. In...
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Qualcomm Bucks Short Interest Trend In Semiconductor Stocks
Thursday, December 11, 2014 - 12:27pm | 1002By and large, short interest in the leading semiconductor stocks shrank between the November 14 and November 28 settlement dates. QUALCOMM, Inc. (NASDAQ: QCOM) was the exception, posting a sizable increase in the number of shares short. Broadcom Corporation (NASDAQ: BRCM) and STMicroelectronics...
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Intralinks' Deal Flow Predictor: Positive M&A Momentum Will Continue
Monday, October 20, 2014 - 3:06pm | 635“We are consistently reading the headlines of significant sized deals getting done and the mid-market is humming as well.” So came word from Matt Porzio, vice president of M&A strategy and product marketing at Intralinks Holdings Inc (NYSE: IL) who spoke with Benzinga. Q1 2015...
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Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...
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Warren Buffett: America's Best Days Lie Ahead
Monday, March 3, 2014 - 12:07pm | 665Berkshire Hathaway (NYSE: BRK-B) founder Warren Buffett’s annual letter to stockholders is considered one-part corporate guidance and one-part “investor’s almanac” by many on Wall Street – not just Berkshire shareholders. According to The Wall Street Journal, Buffett’s habit of including a...
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Signs Pointing Toward Another Santa Claus Rally In 2013
Monday, December 23, 2013 - 12:14pm | 709There has been debate this year, as always, about whether a ‘Santa Claus rally’ would happen. In fact, the seasonal anomaly in which abnormally positive returns take place in the market during the month of December has happened 80 percent of the time over the past 20 years. This year, some...
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Reuters Halts Early Access to Consumer Confidence Data Amid New York Attorney General Probe
Monday, July 8, 2013 - 10:23am | 140Late Sunday, Thomson Reuters announced that it would stop giving premium subscribers a two-second early glimpse at key data as regulators probe the subscription service. The New York Attorney General recently launched an investigation into the arrangements and Reuters has suspended the deal pending...
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Toyota Shifts Efforts from Expansion to Quality Control Amidst Recall
Thursday, June 13, 2013 - 11:09am | 254As reported by Reuters on Wednesday, Toyota (NASDAQ: TM) announced that it will most likely be unable to achieve its peak market share in the US that it had four years ago as the automaker shifts efforts from expansion to quality control. The company will most likely achieve a market share...
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Sound Off: Is Thomson Reuters Giving Elite Traders and Unfair Advantage?
Wednesday, June 12, 2013 - 2:31pm | 479CNBC is reporting that Thomson Reuters (NYSE: TRI) gives an elite group of traders a two-second head start on key economic data that is important enough to move markets. Sound like the company is the SEC’s next target? Probably not! The University of Michigan Consumer Sentiment Index is a...
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Earnings Warnings Pile Up; Market Sentiment Takes Turn for Worse
Wednesday, October 10, 2012 - 8:10am | 604Concerns about third quarter earnings season have been well documented in recent weeks. Turns out those concerns were warranted as earnings warnings have been the rule, not the exception in recent days. According to recent data from Thomson Reuters, negative pre-announcements among S&P 500...
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U.S. Small Business Falls Off Sharply in June
Wednesday, August 1, 2012 - 9:54am | 258If small business is the “engine” of the U.S. economy, it's leaking oil and running on only three cylinders according to Wednesday's release of a closely followed loan activity report. Lending to small businesses fell in June to the lowest level since October 2011, continuing a slowdown in one of...
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Aetna and Humana Earnings Down, Future Remains Cloudy
Tuesday, July 31, 2012 - 12:48pm | 344Managed healthcare providers Aetna (NYSE: AET) and Humana (NYSE: HUM) both missed second quarter earnings. Aetna earnings fell by 15 percent, blaming a smaller benefit from surplus money set aside to cover earlier patient claims. However, the company did raise its full year guidance. Humana,...
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Hershey Earnings Preview: Solid EPS and Revenue Growth Expected
Tuesday, July 24, 2012 - 4:56pm | 512Hershey (NYSE: HSY), the iconic chocolate maker, is scheduled to report second-quarter 2012 results Thursday, July 26, before the U.S. markets open. Investors are hoping it can build on four-straight quarters of revenue increases. Expectations Analysts on average predict that Hershey will report...
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Ford & GM Feeling Europe's Economic Despair
Friday, June 8, 2012 - 8:21am | 526No stranger to dealing with catastrophic economy woes, Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) must rev up for potentially disappointing revenues headed their way – except this time around, it's a foreign sector that will be dishing out poor results for the companies....
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Overstock.com Blames Surprise Loss On Google Penalty
Friday, March 2, 2012 - 12:47pm | 557Online retailer Overstock.com (NASDAQ: OSTK) shocked its investors today when the company announced an unexpected quarterly loss and plummeting revenue. Overstock.com reported a fourth quarter loss of $3.4 million, or 15 cents per share, compared with a profit of $14.9 million, or 63 cents per...