Your Benzinga Update 4/28: Market Roundup; Energy ETF Could Bounce; Heebner Cautious On Eurozone

Benzinga.com Logo

Benzinga’s Daily Highlights

  1. 04/28/2010 - 14:37

    PPL (NYSE: PPL) has agreed to buy the US assets belonging to E.On (OTC: EONGY.PK) in a deal worth $7 billion, according to David Faber. This comes as a surprise to those who thought that Duke Energy (NYSE: DUK) was prevailing in the three-company competition.


  2. 04/27/2010 - 16:30

    Buffalo Wild Wings (NASDAQ: BWLD) released their earnings numbers after the closing bell today. The company reported net income of $8.3 million or $0.46 per share, compared to $7.7 million or $0.43 per share in the same quarter last year. Wall Street analysts consensus estimates prior to this report were that the company would report EPS of $0.51.


  3. 04/28/2010 - 08:16

    Being long-term bearish on China is a tough bet to endorse, but there are select times to short the world's largest country. With Greece sucking the risk appetite out of the market and Beijing doing what it can to cool China's real estate market, a short-term short on China could pay tidy dividends.


  4. 04/28/2010 - 08:06

    Due to the Greece/Portugal debt problems and the Goldman Sachs (NYSE: GS) grilling on Capitol Hill, risk appetite has declined this week and that of course means bad news for oil prices and related equities.


  5. 04/28/2010 - 14:48

    In an interview with Ralph Aldis, portfolio manager at U.S. Global Investors, Seeking Alpha asked what his highest conviction pick was.


  6. 04/28/2010 - 07:38

    Comcast Corporation (Nasdaq: CMCSA) on Wednesday morning released financial results that beat Wall Street expectations.

    Comcast Corporation reported that its 1st quarter earnings rose 12% to $866 million, or 31 cents per share, up from $772 million, or 27 cents per share, a year earlier.


  7. 04/28/2010 - 14:41

    Capital Growth Management's Ken Heebner appeared on CNBC this afternoon. He believes that sovereign debt problems in Europe could intensify and create a near term obstacle in the markets.


  8. 04/28/2010 - 07:34

    Below are the top 5 silver stocks on the NASDAQ and the NYSE in terms of market cap.

    Silver Wheaton Corp (NYSE: SLW) has a market cap of $6.22 billion. SLW’s trailing-twelve-month operating margins are 48.95%.


  9. 04/28/2010 - 07:41

    Equity markets across the world are awash with concerns over the sovereign debt crisis in Europe, sending the stocks down the hill. In the US, while the Dow plunged 213 points, the S&P fell 28 points. With plunging equity markets, investors found relief in gold, which rose to its highest level in 2 weeks, hitting $1,165 per ounce at its intraday peak.


  10. 04/27/2010 - 16:42

    Does any one really believe Goldman Sachs does not move the markets?

    Oil is approaching the same level it bounced from twice in the last week, will this hold true again? The action is too dicey for us to issue trade recommendations as we are seeing $2-3 swings on a daily basis.


Follow us on twitter

Today's Trading Ideas

Most Popular



Join Benzinga now to get the best stock ideas!

Subscribe to our feed

No comments:

Post a Comment