5 – PIMCO Floating Rate Strategy Fund – NYSE:PFN
4 – Qwest Communications International – NYSE:Q
3 – Nordstrom – NYSE:JWN
2 – UQM Technologies – AMEX:UQM
1 – Citigroup – NYSE:C
* PIMCO Floating Rate Strategy Fund announced earlier this week that effective on or about March 1, 2010, the Fund will change its name and rescind its non-fundamental investment policy. The new name for PFN will be PIMCO Income Strategy Fund II. Shares of PFN fell 2.5 percent to $9.96 in its debut on Wednesday.
* Fitch Ratings affirmed its issuer default rating for Quest Communications International and said its rating outlook for the company remains stable. Shares of Q finished flat to close at $4.24 on the NYSE Wednesday.
* Retail stocks were mixed Wednesday following a weaker-than-anticipated consumer-confidence report. Nordstrom fell on the news to close down .60 percent to $38.17 on the NYSE.
* UQM Technologies recently announced that it has acquired a 30-acre site in Colorado... Read More » By High 5 Blogger on 1/5/2010 9:01 AM |
5 – Arcelor Mittal – NYSE:MT
4 – Genworth Financial – NYSE:GNW
3 – MBIA – NYSE:MBI
2 – Echelon Corporation – NASDAQ:ELON
1 – Citigroup – NYSE:C
* Arcelor Mittal on Tuesday, said that a subsidiary privately placed a $750 million bond with a Luxembourg affiliate of Calyon, an investment-banking subsidiary of Credit Agricole. Shares of MT rose 2.4 percent to $46.77 on the news.
* Genworth Financial is back on the HIGH 5 for third straight day, after climbing .30 percent to $11.94 on the NYSE Tuesday.
* MBIA is back on the HIGH 5 after recently closing down 1 percent to $4.06 on the NASDAQ Tuesday.
* Echelon Corporation recently announced a collaboration with Green Energy Options to develop energy displays for Echelon's Networked Energy Services (NES) System. Shares of ELON fell 6 percent to $11.58 in its debut on the HIGH 5 Tuesday.
* A Bank of America analyst cut his fourth quarter earnings targets on a couple of banks yesterday but left Citigroup's... Read More » By High 5 Blogger on 12/30/2009 9:43 AM |
5 – Avis Budget Group – NYSE:CAR
4 – Principal Financial Group – NYSE:PFG
3 – Sprint Nextel – NYSE:S
2 – Genworth Financial – NYSE:GNW
1 – Citigroup – NYSE:C
* Avis Budget Group is the first stock on the HIGH 5 this Tuesday after shedding 1.7 percent to $13.27 on Monday.
* Principal Financial Group is back on the HIGH 5 for the second day in a row after short sellers knocked the stock down 1.9 percent to less than $25 on the NYSE yesterday.
* Shares of Sprint Nextel were pushed lower yesterday to close down 2.2 percent to $3.65 on the NYSE.
* In a largely expected move, S&P lowered its ratings on several mortgage insurance groups last week, including Genworth Financial. Shares of GNW inched up .10 percent to $11.91 on Monday.
* Citigroup is the top stock on the HIGH 5 Tuesday after a Sandler O'Neil analyst said on Fast Money that "significant upside remains in Citi." Shares of C rose 1.2 percent to $3.39 on the NYSE.
###
LocateStock is... Read More » By High 5 Blogger on 12/29/2009 8:56 AM |
5 – Principal Financial Group – NYSE:PFG
4 – Genworth Financial – NYSE:GNW
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Bank of the Carolinas – NASDAQ:BCAR
1 – Citigroup – NYSE:C
* Principal Financial Group is the first stock on the HIGH 5 after climbing .10 percent to $25.46 in the latest trading session on Christmas Eve.
* In a largely expected move, S&P lowered its ratings on several mortgage insurance groups last week, including Genworth Financial. Shares of GNW rose 1 percent to $11.90 ahead of the Christmas holiday.
* On Christmas Eve, a Kaufman Bros. analyst said in a bulletin that Research In Motion had fixed various network issues that had affected service for the company's BlackBerry product over the preceding days. He also said that concerns about the network problems were "overblown" and said he would take advantage of recent weakness in RIMM shares. RIMM fell 1 percent to $66.92 on Thursday.
* Bank of the Carolinas is the #2 stock on... Read More » By High 5 Blogger on 12/29/2009 8:55 AM |
5 – Bank of the Carolinas – NASDAQ:BCAR
4 – Petroleo Brasileiro – NYSE:PBR
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Citigroup – NYSE:C
1 – Las Vegas Sands – NYSE:LVS
* Bank of the Carolinas is the first stock on the HIGH 5 on Christmas Eve. Shares of BCAR added 1.4 percent to $4.97 yesterday.
* Brazil's state-controlled energy firm Petrobras bought a 40.4 percent stake in a mill that produces ethanol biofuel from sugar cane, the company said on Tuesday. Shares of PBR climbed 2.6 percent to $47.05 the following day on the NYSE.
* Research In Motion's Blackberry Internet service was disrupted from Tuesday night to Wednesday morning — the second failure in a less than a week. RIMM rose .6 percent to $67.61 on the Nasdaq yesterday.
* Citigroup on Wednesday repaid $20 billion in bailout money and received a government ruling that it's no longer covered by the pay restrictions imposed on companies receiving the most rescue money. Shares of C fell 1.5 percent... Read More » By High 5 Blogger on 12/29/2009 8:55 AM |
5 – Mead Johnson Nutrition Company – NYSE:MJN
4 – Bank of the Carolinas Corp. – NASDAQ:BCAR
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Citigroup – NYSE:C
1 – Bristol-Myers Squibb – NYSE:BMY
* Mead Johnson Nutrition board of directors recently declared a regular quarterly dividend on its common stock of $0.20 per share for the quarter ending Dec. 31, 2009. The dividend will be paid on Jan. 15, 2010, to shareholders of record on Dec. 31, 2009. Shares of MJN rose 2 percent to $43.09.
* Debuting on the HIGH 5 this Wednesday is Bank of the Carolinas. The company's stock plunged 11.9 percent to $4.90 in the absence of any company-specific news on Tuesday.
* Recent checks by an MKM Partners analyst show RIM's BlackBerry phones are now outselling comparable Nokia models in Europe. RIMM dropped an additional 3.6 percent to $67.22 on the Nasdaq Tuesday.
* The U.S. Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup and resulted... Read More » By High 5 Blogger on 12/23/2009 10:07 AM |
5 – DryShips – NASDAQ:DRYS
4 – Mankind Corporation – NASDAQ:MNKD
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Citigroup – NYSE:C
1 – Bristol-Myers Squibb – NYSE:BMY
* A shipping stock analyst from Credit Suisse recently said that a chart of dry-bulk shipping rates in 2009 resembles a seismograph after an earthquake, and that volatile status quo will likely continue next year. Shares of DRYS sunk .30 percent to $6 on Monday.
* Interactive Brokers said Monday that Mannkind Corporation has doubled in the past two months, but that some traders have their sights on a slip in shares of the biopharmaceutical company. MNKD rose 2.2 percent to $9.50 on Monday.
* Research In Motion fell slightly Monday just days after the company announced strong earnings results for the quarter ended November 28. RIMM came off .40 percent to $69.70.
* Jim Cramer of CNBC said to hold on to Citigroup on Monday, calling it a decent stock that could double over the next year. Shares... Read More » By High 5 Blogger on 12/22/2009 9:16 AM |
5 – Cousins Properties – NYSE:CUZ
4 – Genco Shipping & Trading – NYSE:GNK
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Citigroup – NYSE:C
1 – MBIA – NYSE:MBI
* Cousins Properties recently added retired company veteran Tom G. Charlesworth to its board of directors. Shares of CUZ rose .10 percent to $7.72 in its debut on Friday.
* A shipping stock analyst from Credit Suisse said Friday that a chart of dry-bulk shipping rates in 2009 resembles a seismograph after an earthquake, and that volatile status quo will likely continue next year. Genco Shipping & Trading fell 2.5 percent to $22.10 on Friday.
* Research In Motion shares surged Friday after the company announced strong earnings results for the quarter ended November 28. RIMM said net income came in at $628.4 million or $1.10 a share - a 59% jump from the same period last year, and 6 cents better than analysts expected. RIMM added 10.3 percent to $70.
* Citigroup was one of the winners of the... Read More » By High 5 Blogger on 12/21/2009 9:27 AM |
5 – Allied Capital Corporation – NYSE:ALD
4 – LDK Solar – NYSE:LDK
3 – Facet Biotech Corporation – NASDAQ:FACT
2 – Career Education Corporation – NASDAQ:CECO
1 – Citigroup – NYSE:C
* Business development corporation, Allied Capital, is the first stock on the Friday HIGH 5. Shares of ALD rose 1 percent to $3.51 on the NYSE yesterday.
* LDK announced Thursday a cash crunch will result in the sale of $50 million to $80 million in convertible preference shares and a possible asset sale. Shares of LDK plunged 14.8 percent to $7.84 on the news.
* Back on the HIGH 5 in the #3 spot is Facet Biotech. An SEC filing said Thursday that company shareholders rejected a $493 million takeover bid by Biogen Idec. Shares of FACT climbed 4.4 percent to $17.12 on the news.
*Debuting on the HIGH 5 as the #2 stock is Career Education Corporation after plummeting 19.3 percent to $22.88 on the Nasdaq a day earlier.
* Citigroup said Thursday it will suspend foreclosures and... Read More » By High 5 Blogger on 12/21/2009 9:26 AM |
5 – MannKind Corporation – NASDAQ:MNKD
4 – Suntech Power Holdings – NYSE:STP
3 – Conseco – NYSE:CNO
2 – Facet Biotech Corporation – NASDAQ:FACT
1 – Citigroup – NYSE:C
* Mannkind Corporation has an upcoming Food and Drug Administration approval decision for its diabetes drug next month, on January 16, 2010. Shares of MNKD rose 3.7 percent to $8.79 on Wednesday.
* Suntech Power Holdings is the #4 stock on the HIGH 5. A recent report said that the company has helped to contribute to China's 30% share of the global market for solar panels. Shares of STP fell .70 percent to $17.78 on Wednesday.
* Conseco shares fell Wednesday after the life insurer said it may raise as much as $234.1 million selling shares and use part of the proceeds to repay debt. Shares of CNO climbed 6.9 percent to $5.14 on the news.
* Debuting on the HIGH 5 in the #2 spot is Facet Biotech after the company said on Wednesday it agreed to allow The Baupost Group, a big investor, to increase... Read More » By High 5 Blogger on 12/17/2009 9:02 AM |
5 – MannKind Corporation – NASDAQ:MNKD
4 – Amedisys – NASDAQ:AMED
3 – Sunesis Pharmaceuticals – NASDAQ:SNSS
2 – Conseco – NYSE:CNO
1 – Citigroup – NYSE:C
* Mannkind Corporation has an upcoming Food and Drug Administration approval decision for its diabetes drug in one month, on January 16, 2010. Shares of MNKD rose 1.5 percent to $8.48 on Tuesday.
* Amedisys is the #4 stock on the HIGH 5 after rising 5.7 percent to $46.94 on the Nasdaq Tuesday.
* Debuting on the HIGH 5 in the #3 spot is Sunesis Pharmaceuticals. Shares of the drug developer had recently been soaring thanks to positive news about its new leukemia drug. Shares of SNSS took a turn into the red on Tuesday though, shedding 16.3 percent to $1.75 on the Nasdaq.
* Conseco debuts in the #2 spot on the LocateStock HIGH 5 one day after the insurer said it is offering 45 million shares of common stock to help pay down debt and for corporate purposes. Shares of CNO came off 2.6 percent to $4.81 on Tuesday.
... Read More » By High 5 Blogger on 12/16/2009 9:43 AM |
5 – Amedisys – NASDAQ:AMED
4 – Avis Budget Group – NYSE:CAR
3 – Principal Financial Group – NYSE:PFG
2 – Genworth Financial – NYSE:GNW
1 – Citigroup – NYSE:C
* Shares of Amedisys shot up 9.4 percent on Monday on news that the Wall Street Transcript published its Consumer Health Services Report which offers a timely review of the sector to serious investors and industry executives. Shares of AMED closed up $3.81 to $44.43 on the Nasdaq.
* Hilary Kramer, chief investment officer of A&G Capital Research, anticipates car rental companies, such as Avis Budget Group, to get more customers this holiday season. Shares of CAR rose 4 percent to $12 on the news Monday.
* Principal Financial rose Monday after the life insurance and 401(k) specialist recently forecast 2010 profit below analyst expectations. PFG inched up 1.1 percent to $23.87 on the NYSE.
* Genworth Financial is the #2 stock on the HIGH 5 on Tuesday. Shares of GNW rose 6.8 percent to $11.50 on the... Read More » By High 5 Blogger on 12/15/2009 10:16 AM |
5 – Frontline – NYSE:FRO
4 – Genworth Financial – NYSE:GNW
3 – Mankind Corporation – NASDAQ:MNKD
2 – Bank of America – NYSE:BAC
1 – Citigroup – NYSE:C
* Frontline is trading ex-dividend of a cash dividend of $0.15 per share on December 4, which will be paid on or about December 22, 2009. Shares of FRO rose 3.3 percent to $28.03 in their debut on Friday.
* The Board of Directors of Genworth Financial declared a quarterly dividend of $0.66 per outstanding share of its Series A Cumulative Preferred Stock. The dividend is payable March 1, 2010 to stockholders of record as of the close of business on February 12, 2010. Shares of GNW rose .70 percent to $10.78 on Friday.
* Mankind Corporation is the #3 stock on the HIGH 5 this Monday. Shares of MNKD climbed 5.1 percent to $8.20 on Friday.
* Bank of America rose Friday as Bank of New York Mellon Chief Executive Robert Kelly resurfaced as a possible candidate for the CEO of Bank of America. Shares of BAC rose 2.8... Read More » By High 5 Blogger on 12/14/2009 9:04 AM |
5 – Amedisys – NASDAQ:AMED
4 – Bank of America – NYSE:BAC
3 – Las Vegas Sands – NYSE:LVS
2 – Citigroup – NYSE:C
1 – DryShips – NASDAQ:DRYS
* An analyst from Robert W. Baird raised his earnings estimates for home health care companies Thursday, saying that the sector is in for "a much softer legislative landing than feared." Amedisys fell 1.8 percent to $40.47 on Thursday.
* Bank of America said Wednesday it has fully repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program. Shares of BAC closed down 1.2 percent to $15.21 on Thursday.
* This time last year Las Vegas Sands' shares had tumbled 95 percent in 12 months. Since then, the stock has more than tripled. LVS fell 1 percent to $15.10 on Thursday.
* Citigroup shares closed Thursday up just a penny as the bank kept investors wondering if it could strike a deal with the federal government to end its TARP entanglement. Shares of C inched up .30 percent to $3.87 on... Read More » By High 5 Blogger on 12/11/2009 8:59 AM |
5 – Netlist – NASDAQ:NLST
4 – Amedisys – NASDAQ:AMED
3 – Cameron International Corporation – NYSE:CAM
2 – Citigroup – NYSE:C
1 – Bank of America – NYSE:BAC
* Netlist was among the most active premarket trades on Wednesday, jumping by 5.9 percent to $5.60 in the premarket session and closing up 15.5 percent to $6.11 on the Nasdaq.
* The #4 stock on the HIGH 5 Thursday is Amedisys. Shares of the home health and hospice services provider surged yesterday in its debut on the hit list. Shares of AMED climbed 8.5 percent to $41.22 in its debut yesterday.
* Cameron International is the #3 stock on the HIGH 5 this Thursday. Shares of CAM rose .90 percent to $36.76 yesterday.
* Citigroup Chairman, Dick Parsons, told cable television network CNBC yesterday that the bank is in a position to repay TARP. Citi plans to raise $20 billion selling new equity to help repay the $45 billion it got from the government. Shares of C shed 2.1 percent to $3.83 on Wednesday.
... Read More » By High 5 Blogger on 12/10/2009 9:55 AM |
5 – Credit Suisse 7.9% Tiers 1 Capital Notes – NYSE:CRP
4 – Genworth Financial – NYSE:GNW
3 – American International Group – NYSE:AIG
2 – Citigroup – NYSE:C
1 – Bank of America – NYSE:BAC
* Credit Suisse 7.9% Tiers 1 Capital Notes is the first stock on the HIGH 5 this Wednesday. Shares of CRP rose 1 percent to $25.24 in its debut yesterday.
* Genworth Financial announced yesterday that it will host a conference for analysts and investors on Tuesday, December 15, 2009 from 8:30 a.m. to 2:30 p.m. Shares of GNW fell 2.1 percent to $11.02 on the news.
* Bloomberg reported yesterday that some executives at AIG could be exempt from a $500,000 salary cap proposed by U.S. pay czar Kenneth Feinberg. Shares of AIG closed down .60 percent to $30 on the news.
* The AP reported yesterday that Citigroup is seeking to repay billions in federal bailout aid but so far hasn't received permission from the government. The bank's shares dropped 3 percent to $3.91 on the news.
... Read More » By High 5 Blogger on 12/9/2009 9:28 AM |
5 – Avis Budget Group – NYSE:CAR
4 – Genworth Financial – NYSE:GNW
3 – Sprint Nextel – NYSE:S
2 – Citigroup – NYSE:C
1 – Bank of America – NYSE:BAC
* Avis Budget Group is the first stock on the HIGH 5 on Tuesday. Shares of CAR plunged 2.4 percent to $11.68 on the NYSE Monday.
* A.M. Best assigned a debt rating on Monday of "bbb" to the recently issued $300 million 8.625% senior unsecured notes due December 2016 for Genworth Financial. Shares of GNW rose 2.9 percent to $11.26 on the news.
* Shares of Sprint Nextel jumped Monday after a positive article in Barron's. Associate Editor Michael Santoli suggested that shares had an upside of 50%. The news sent shares higher by 13.3 percent to $4.18 to close on the NYSE.
* On Monday, word emerged that Citigroup has a narrow window in which to pay back $20 billion in TARP money if it wants to rid itself of government control sooner rather than later. Citi fell .70 percent to $4.03 on the news.
* A report on... Read More » By High 5 Blogger on 12/8/2009 10:09 AM |
5 – Avis Budget Group – NYSE:CAR
4 – American International Group – NYSE:AIG
3 – Genworth Financial – NYSE:GNW
2 – Citigroup – NYSE:C
1 – Bank of America – NYSE:BAC
* On Thursday Avis Rent A Car received multiple accolades at the 2009 World Travel Awards, described as the 'Oscars' of the global travel and tourism industry. Shares of CAR surged 10.2 percent to $11.97 on Friday.
* The Wall Street Journal said Friday that AIG is planning to list one of its Asian life insurance units in Hong Kong in order to raise funds to help repay its U.S. government bailout. The IPO is expected to raise between $5 billion to $10 billion for AIG. Shares inched up .80 percent to $30.12 on the news.
* Genworth Financial on Thursday sold $300 million of senior unsecured notes. The size of the deal was increased from an originally planned $250 million. Shares of GNW rose 2.6 percent to $11.60 on Friday.
* Kuwait's sovereign wealth fund said on Sunday it had sold its stake in HIGH... Read More » By High 5 Blogger on 12/7/2009 9:40 AM |
5 – Genworth Financial – NYSE:GNW
4 – American International Group – NYSE:AIG
3 – Bank of America – NYSE:BAC
2 – SWS Group – NYSE:SWS
1 – Citigroup – NYSE:C
* Moody's reported mid-week that the value of commercial real estate has fallen to levels not seen since 2002. HIGH 5 stock, Genworth Financial, is among companies being affected. Shares of GNW fell 2.1 percent to $11.30 on Thursday.
* AIG is the #4 stock on the HIGH 5 after falling 4.2 percent to $29.89 on Thursday.
* According to a pricing document sent to investors, Bank of America sold $19.3 billion of common equivalent securities, on Thursday. Shares of BAC inched up .70 percent to $15.76 on the news.
* Shares of SWS Group tumbled in their debut during Thursday's session, after the investment and financial services company said it would sell 4.1 million shares of common stock. SWS closed down 5.5 percent at $11.66 on the NYSE.
* A federal judge in Manhattan on Thursday sentenced a former California... Read More » By High 5 Blogger on 12/4/2009 9:11 AM |
5 – Genworth Financial – NYSE:GNW
4 – Potash of Saskatchewan – NYSE:POT
3 – Origin Agritech Limited – NASDAQ:SEED
2 – DryShips – NASDAQ:DRYS
1 – Citigroup – NYSE:C
* Moody's reported yesterday that the value of commercial real estate has fallen to levels not seen since 2002. Genworth Financial is one commercial realtor that's being affected. Shares of GNW rose 3 percent to $11.54.
* Top executives at fertilizer giant Potash made some optimistic remarks at a basic-materials conference put together by Citigroup about a recent burst in demand for the crop-nutrient potash. POT shot up 5 percent to $122.38 yesterday.
* Origin Agritech was among the most actively traded companies Wednesday with market capitalizations under $1 billion. Shares of SEED plummeted 8.9 percent to $12.47 on the Nasdaq.
* Earlier this week DryShips said it terminated an agreement to buy two Panamax vessels as it could not get a period employment contract for the vessels within the agreed... Read More » By High 5 Blogger on 12/3/2009 10:45 AM |
5 – AMERICAN INTL GRP PF – NYSE:AVF
4 – American International Group – NYSE:AIG
3 – Netlist Inc. – NASDAQ:NLST
2 – Citigroup – NYSE:C
1 – Origin Agritech Limited – NASDAQ:SEED
* American Intl Group Preferred stock is the first stock this Wednesday mornings. Shares of AVF rose 3.3 percent to $14.58 in its debut on the HIGH 5.
* AIG on Tuesday moved a step closer to selling or listing two of its biggest businesses – its Asian insurance unit AIA and the international life insurer Alico – after spinning them off into separate vehicles partly owned by the New York Federal Reserve. Shares of AIG shot up 8.6 percent to $30.84 on the news.
* Shares of Netlist tumbled yesterday, a day after high-speed analog chipmaker Inphi Corp. said it sued the server and storage systems maker for patent infringement. Netlist shares tumbled 8.2 percent to close at $5.29. The stock has ranged from 11 cents to $7.98 over the past year.
* Citi on Tuesday said it renewed and extended... Read More » By High 5 Blogger on 12/2/2009 9:52 AM |
5 – DryShips – NASDAQ:DRYS
4 – Genworth Financial– NYSE:GNW
3 – American International Group – NYSE:AIG
2 – Origin Agritech Limited – NASDAQ:SEED
1 – Citigroup – NYSE:C
* Since suffering a severe correction in the late summer and early fall, steel prices have strengthened recently and this has given the dry-bulk sector hope that shipping rates will remain stable, at least in the near term. DryShips fell Monday on that news, to close down 1.1 percent to $6.12.
* Genworth Financial is the #4 stock on the HIGH 5 hit list on Tuesday. Shares of GNW added about 1 percent to $10.77 on Monday.
* AIG shares tumbled Monday after a Sanford C. Bernstein analyst slashed his price target for the stock by 40%, arguing that insufficient reserves may hurt the insurer's ability to repay bailout funds to the U.S. government. Shares of AIG plunged 14.7 percent to $28.40 following the news.
* Shares of Origin Agritech soared to their highest point in more than two years Monday,... Read More » By High 5 Blogger on 12/1/2009 10:42 AM |