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Market Movers: LYG, POL, BBY, PALM, MAR, CHH
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Friday, 19 March 2010 |
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03/19/10 The latest news and information on U.S. stocks that are moving the market.
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Risk Aversion Strong On Greece Concerns
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Friday, 19 March 2010 |
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03/19/10 Concerns over Greece possibly not receiving assistance from the EU has paved the way for a rise in risk aversion as the trading week comes to a close.
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Friday Midday Sector Leaders: Wholesale Electronics , Health Care Plans
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Friday, 19 March 2010 |
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In midday trading Friday, Wholesale Electronics shares were relative leaders, up on the day by about 1.4%. Leading the group were shares of Ituran (ITRN), up about 33.9% and shares of Tessco Technologies (TESS) up about 1.6% on the day.
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Downgrades: DTV, PALM, WAG
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Friday, 19 March 2010 |
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This morning, Citigroup downgraded shares of DirecTV (DTV) from Buy to Hold as the stock has priced in most of the good news. The firm has set 2010 EPS estimates at $2.27 per share and maintains its price target of $38.
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Business update: Lloyds sees profit
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Friday, 19 March 2010 |
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Lloyds bank which is partially state-owned following massive losses in the 2008 banking crisis predicts being back in profit later this year.
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