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3 Experts Follow Up On May Jobs Report
Friday, June 5, 2015 - 1:13pm | 623Read More...The U.S. Bureau of Labor Statistics released its monthly employment report on Friday morning. Total nonfarm employment increased by 280,000 in May, beating expectations of about 225,000. The unemployment rate was 5.5 percent, which was 0.1 percent higher than predicted. Other notable data...
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3 Experts Weigh In On Oil Inventories
Wednesday, June 3, 2015 - 2:11pm | 732Read More...The U.S. Energy Information Administration released its weekly Petroleum Status Report Wednesday morning. The institute reported a decrease in crude oil inventories of 1.9 million barrels for the week ending May 29, versus expectations of a draw of 1.7 million. Still, at 477.4 million barrels,...
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Floor Trader: Whiting Petroleum Offer To Create Inventory Backlog
Tuesday, March 24, 2015 - 3:40pm | 235Read More...Whiting Petroleum Corp (NYSE: WLL)'s inventory backlog of shares created by its pending public offering will take time to unload, a trader told Benzinga on Tuesday. The stock tumbled more than 20 percent on disappointment that its rumored sale is likely dead in the wake of plans to raise $3.2...
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What This Market Expert Thinks Of Greece And The ECB
Friday, March 6, 2015 - 8:44am | 566Read More...Timothy Anderson of MND Partners on Thursday discussed Eurozone developments with Benzinga. Anderson commented that the European Central Bank would begin its bond buying program on March 9 and would be "limited to Investment grade Public Sector debt" which "would exclude Greek...
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Wall Street Vet: Best Buy Is At A 'Very Challenging Level Of Resistance'
Thursday, March 5, 2015 - 9:38am | 276Read More...Timothy Anderson of MND Partners said that shares of Best Buy Co Inc (NYSE: BBY) are at a "very challenging level of resistance" following its fourth quarter results. "Let's recall that Best Buy was totally left for dead at the end of 2012 as a victim of a doomsday brick and...
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Are Utility Stocks The New High Beta Sector?
Wednesday, February 11, 2015 - 11:15am | 183Read More...Speaking to Benzinga, Timothy Anderson of MND Partners commented that utility stocks have demonstrated some of the most volatility in the market as institutional accounts with actuarial commitments "scramble to make their bogey." Anderson noted that utility stocks, represented by funds like the...
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Does Twitter Need 'Adult Supervision?' This Market Pro Thinks So
Thursday, February 5, 2015 - 10:20am | 178Read More...MND Partners' Timothy Anderson thinks that Twitter Inc (NYSE: TWTR) needs "adult supervision" that can "plug in" its data to a much larger business model. Anderson states that if Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) were to acquire Twitter, the downside is that...
