Your Benzinga Update 3/16/10: Citi, Apple, ETF Plays

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Benzinga's Daily Highlights

  1. What lies behind us and what lies before us, is nothing compared to what lies within us - Emerson

    Interview With Former Bear Stearns CEO and Chairman Alan "Ace" Greenberg
    03/16/2010 - 13:54

    Bloomberg Television's Margaret Brennan had an insightful interview with former Bear Stearns CEO and Chairman Alan "Ace" Greenberg.


  2. 03/15/2010 - 14:02

    Shares of SuperValu Inc. (NYSE: SVU) have gained over 35% in the last three months, including 2.28% today alone. The stock is currently trading at $17.52. It appears as if this company may be experiencing a major turnaround which could result in significant gains in SuperValu's (SVU) equity.


  3. 03/16/2010 - 04:01

    The food and beverage sector is home to some of the bluest of blue chip stocks and some of the most reliable dividend payers around, so with news of PepsiCo's (NYSE: PEP) 7% dividend increase, the ETF Professor decided to take a look at an ETF devoted to the sector.


  4. 03/16/2010 - 08:29

    In his "Mad Money" TV show, Jim Cramer warned investors to be cautious ahead of the upcoming vote. Cramer said that big money managers have varied opinions on the passing of healthcare reforms and the markets' reaction to it. However, Cramer believes that healthcare reforms will pass in the Congress, making it tougher for bullish sentiments to prevail in the market.


  5. 03/16/2010 - 10:30

    Ladies and gentleman, after a long year of waiting, the NCAA Tournament and March Madness are back. For a moment, put down your copy of the health care bill, forget that your Toyota may have a mind of its own, and pick up that bracket. It's time to revel in the suspense, gloating, and competition that surrounds every great bracket challenge.


  6. 03/16/2010 - 14:29

    Shares of Harley Davidson (NYSE: HOG) are on fire this afternoon as rumors circulated they are a leveraged buy out target. Harley Davidson shares are currently up 5% on 11 mil shares, HOG averages 3 mil shares a day.


  7. 03/16/2010 - 14:23

    Apple (NASDAQ: AAPL) has hired wearable computing engineer, Richard DeVaul who is the co-founder of AWare Technologies, which focuses on creating products for the fitness and wellness markets. According to Mr. DeVaul's blog, he is "an expert in signal processing and real-time statistical classification techniques.


  8. 03/15/2010 - 15:15

    Moody's quarterly report on sovereign debt brought to light issues with large economies around the globe that have been spending like drunken sailors. The four countries with Aaa ratings that are stable, but "their distance to downgrade has in all cases substantially diminished" include the US, UK, German, and France.


  9. 03/16/2010 - 14:42

    Bill Smith of Smith Asset Management, skewered Vikram Pandit, the CEO of Citigroup (NYSE: C) on Pimm Fox's Taking Stock, radio show last Friday. Hell hath no greater fury than a shareholder burned. Smith is a long term holder of Citi's stock, which he accumulated from the Traveler's merger.


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