Your Benzinga Update 4-12: Goldman Raises MGM's Price Target; Palm Seeking Buyers; FIG Moving; GOOG Growing

Benzinga’s Daily Highlights Click here to read the top stories on Benzinga.com Goldman Sachs Reiterates Buy Rating, Raises Price Target On MGM Mirage (MGM, GS) 04/12/2010 - 13:51 In a research report released by Goldman Sachs (NYSE: GS) today, the investment bank said that it is raising their 12-month price target on shares of MGM Mirage (NYSE: MGM) from $14.50 to $17.50. Click here to read more... Palm Considering Sale, Stock Gains 17% On News (PALM) 04/12/2010 - 12:45 According to reports, Palm, Inc. (NASDAQ: PALM) has hired bankers in order to explore options, including a sale of the company. The shares have surged over 17% today to $6.04 on the news of a possible buyout. PALM is working with Goldman Sachs (NYSE: GS) and Frank Quattrone's Qatalyst Partners. Click here to read more... An Obscure ETN For Metals Profits 04/12/2010 - 02:11 The metals complex has been a profitable place to invest over the past few months, but picking a specific metal to invest in can be confusing, especially with all the ETFs and ETNs out there that focus on a specific metal. How about getting exposure to ten precious and industrial metals in a single ETN so you don't have to pick and choose which metal is going to be most bullish right now? Click here to read more... Holy Short-Squeeze, Batman! 04/12/2010 - 11:04 Ambac Financial Group (NYSE: ABK) reported that they swung to a Q4 profit Friday, and the shares jumped 70% in reaction; yes, you read that right, 70%. What is even more baffling is that that action is continuing this morning with the shares up ANOTHER 50% today. The stock is currently trading $1.63. Options are heating up across the board. Click here to read more... Health Care Is Here To Stay 04/11/2010 - 11:39 Some investors rightfully are pondering how much of an impact the new health-care reform law will have on the health-care industry. The possibility that the bill could be repealed either in part or in full within the next two years raises some serious questions - but to no avail. Health-care reform is here to stay. Click here to read more... Fortress Investment Group Turning Around? (FIG) 04/12/2010 - 15:19 Shares of Fortress Investment Group (NSYE:FIG) have gained nearly 10% today on news that affiliates of the firm are buying European mortgage assets. The shares have been volatile this year, as the alternative asset manager seeks to turn its operations around. Click here to read more... Bulls Target Hewlett-Packard 04/12/2010 - 10:17 Near the end of the session Friday, Hewlett-Packard Inc. (NASDAQ: HPQ) saw a massive bull trade. The November $70 strike (some 30% out-of-the-money) saw a single block of 45,449 contracts purchased on the offer for $0.25. There was very little open interest on the line, signaling opening, bull purchases. Click here to read more... PLND Not Necessarily A Short Due To President's Death 04/12/2010 - 02:36 There has been plenty of talk this weekend about the tragic death of Poland's president and other high-ranking government officials in a plane crash. To be sure, this tragedy makes the Market Vectors Poland ETF (NYSE: PLND), the only Poland-specific ETF on the market, worth watching on Monday. Hey, the Professor even put it on his Watch List. Click here to read more... All Eyes On US Banks To Post Robust Results 04/12/2010 - 14:53 According to an FT article on CNBC, investors are expecting US financial groups to post robust Q1 earnings growth, despite the lackluster markets for equity trading and investment banking during the first three months of this year. Click here to read more... GOOG May Achieve 21% Revenue Growth 04/12/2010 - 10:31 Analysts at Benchmark maintain their "buy" rating on Google (NASDAQ: GOOG). The target price for GOOG is set to $700. Click here to read more... Buy Gold Now - Get Lucrative Royalties for Life Nevada residents use this secret to help them grow rich, and stay rich, well into retirement. It's an opportunity for Americans to collect “royalties” on many of the world’s most profitable gold mines Today's Trading Ideas Benzinga’s Volume Movers (DBTK, CPKI, ABII, RDEA, RAIL) Kelly Considers Google A Bargain Top Narrow Based Indexes For April 12 (JAV, PALM, KIRK) Natural Gas Continues to Look Weak 18 Stocks Selling At A Huge Discount Fortress Investment Group Turning Around? (FIG) Retail Sector Moving Up Following An Upgrade By Moody's (BGP, GE, RSH, BBY, BKS, CHS) All Eyes On US Banks To Post Robust Results GSM Poised To Benefit Hugely From Global Economic Recovery Bulls Target VMware Most Popular Benzinga’s Top Pre-Market Losers (ARMH, MPEL, CLNE, RTLX) BOMBSHELL â€" Whistle Blower Comes Forward With Solid Proof The Price Of Gold And Silver Is Being Manipulated By Major Financial Institutions Benzinga’s News Roundup (UBS, PALM, HNR, CLNE) Benzinga’s Top Downgrades (FFCH, GRT, EW, CASY, FCX) Andrew Maguire: the “King” interview Part II Health Care Is Here To Stay Halliburton Buys Boot & Coots For $240.4M Benzinga’s Top Upgrades (RRGB, CHRW, HIW, CAL, SAFM) Benzinga’s Top Pre-Market Gainers (ACI, MIR, NLST, GSIT) T’what Know…T’witter Developers Earnings Season: Q1’s the River Card Winthrop Realty Trust’s (FUR) 2009 Letter to Shareholders Join Benzinga now to get the best stock ideas! 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