Archive for February 24th, 2009

MetLife and Axa have made bids for American International Group’s life-insurance unit, a report says.
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Stock picks from the Momentum (MM1) Method strategy are spotlighted today by Zacks, the nation?s leading independent stock research firm. Stocks from this strategy caused a stir during the first half of the 2008 bear market with a gain of +35.2%, versus a loss of -11.9% for the S&P 500. In fact, from 2001 through [...]

(AP:CHICAGO–) (BUSINESS WIRE) _ Feb. 24, 2009– Stock picks from the Momentum (MM1) Method strategy are spotlighted today by Zacks, the nation’s leading independent stock research firm.
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CHICAGO—-Stock picks from the Momentum Method strategy are spotlighted today by Zacks, the nation’s leading independent stock research firm. Stocks from this strategy caused a stir during the first half of the 2008 bear market with a gain of +35.2%, versus a loss of -11.9% for the S&P 500.
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The world’s largest mobile-phone company will eliminate up to 500 jobs, or about 5% of its work force in the United Kingdom, as part of a cost-cutting program.
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The warehouse club retailer is drawing heavy put activity ahead of its earnings report next week.
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Peter Chernin, president and chief operating officer of News Corp., will step down when his contract expires June 30, the company said.
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The airlines saw unusual options activity Monday as airline stocks surged across the board.
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