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Leon Cooperman On Bloomberg Television: Buy Stocks, Stay Away From Treasuries
Wednesday, February 22, 2012 - 3:05pm
Lee Cooperman, the billionaire chief executive officer of Omega Advisors Inc., spoke to Bloomberg TV's Erik Schatzker this morning about his hedge fund's investments. Cooperman said investing in U.S. Treasuries "makes no sense," he considers stocks the best investment today and that he likes gold,...
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Wednesday, February 22, 2012 - 10:31am
Google Glasses: Coming Soon?
Google Goggles are taking a whole new meaning, as Google (NASDAQ: GOOG) works to expand its reach in a myriad of directions. Yesterday, we told you about the upcoming tech from the search giant that would allow you to control live TV via your smartphone. Now, the company is looking to make your...
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PIMCO's Mohamed El-Erian Comments on Eurozone Situation on CNBC
Wednesday, February 22, 2012 - 10:18amPIMCO's CEO Mohamed El-Erian just appeared on CNBC, and gave his outlook on the Eurozone and the broader global economy. On Greece, he said that there was still too much debt and not enough growth. Greece will need another agreement in the future. He characterized the recent deal as something, but...
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Benzinga's Top Pre-Market Losers
Wednesday, February 22, 2012 - 8:38amDell Inc (NASDAQ: DELL) moved down 6.81% to $16.97 in the pre-market session. Dell reported a FQ4 profit, excluding items, of $0.51 per share on revenue of $16.03 billion. However, analysts were projecting a profit of $0.52 per share on revenue of $15.97 billion. Newfield Exploration Company (...
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Tuesday, February 21, 2012 - 3:27pm
Will Google TV Threaten Apple, Comcast?
As the blogosphere has run rampant these days with the possibility of the Apple (NASDAQ: AAPL) TV, that other technological Juggernaut has moved to preempt. Google (NASDAQ: GOOG) has filed a patent for a Siri-like user-interface for Google TV. No word yet on whether this development is...
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Tuesday, February 21, 2012 - 2:16pm
Report: Lloyd Blankfein May Be On His Way Out At Goldman
Fortune magazine is reporting that Goldman Sachs (NYSE: GS) Chief Executive Lloyd Blankfein may step down as early as this summer. Current President and Chief Operating Officer Gary Cohn is apparently the top candidate to replace him. Goldman shares are up around 1% on Tuesday in the wake of the...
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Tuesday, February 21, 2012 - 1:23pm
Wynn Jumps 7% As Co-Founder Okada Forced Out
Shares of Wynn Resorts (NASDAQ: WYNN) have surged more than 7% on Tuesday after the casino company announced that its board had declared co-founder Kazuo Okada unsuitable and forced him out. According to the company, an internal investigation conducted by former FBI Director Louis Freeh discovered...
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Tuesday, February 21, 2012 - 12:18pm
Will Gary Cohn Replace Lloyd Blankfein as Goldman Sachs' CEO?
According to a report from Fortune magazine, Lloyd Blankfein could be stepping down from his position of chief executive of Goldman Sachs Group (NYSE: GS) by this summer. It's still unknown whether or not Llyod Blankfien actually wants to leave his perch at the top of Wall Street or whether he is...
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Benzinga's Top Pre-Market Losers
Tuesday, February 21, 2012 - 8:20amAutodesk Inc (NASDAQ: ADSK) moved down 40.89% to $23.00 in the pre-market session. ADSK elevated three of its Value Added Resellers to the Platinum Tier status. GTx Inc (NASDAQ: GTXI) shares fell 36.55% to $3.68 in the pre-market trading. GTXI reported that the U.S. Food and Drug Administration...
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Tuesday, February 21, 2012 - 7:31am
Greece Narrowly Avoids Default
Greece and finance ministers from the other 16 euro zone countries agreed to terms for Greece to receive a 130 billion euro ($172 billion) aid package that they hope will help Greece to avoid a default on its burdensome debt. Although the latest deal between Greece and the finance ministers is...
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