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Fast Money Picks For February 23rd

Craig Jones — Thu, 23 Feb 2012 00:58:22 +0000

On CNBC's Fast Money, Karen Finerman said that she would buy Billabong International Limited (ASX: BBG) on Thursday.

Benzinga's Top ETF Decliners, February 22nd

Craig Jones — Thu, 23 Feb 2012 00:24:20 +0000

Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSEARCA: TMV) dropped 3.63% on Wednesday, and it broke its four day winning streak.

Direxion Daily Financial Bull 3X Shares(ETF) (NYSEARCA: FAS) fell 3.22%, and it closed at $88.60.

Benzinga's Top ETF Gainers, February 22nd

Craig Jones — Thu, 23 Feb 2012 00:05:31 +0000

Direxion Daily Gold Miners Bull 3X Shares (NYSEARCA: NUGT) jumped 5.21% on Wednesday as Barrick Gold Corporation (USA) (NYSE: ABX) gained 2.04%, and Eldorado Gold Corporation (USA) (NYSE: EGO) added 2.57%.

ETFs to Watch February 23, 2012 (XLK, DBA, IAU)

ETF Professor — Wed, 22 Feb 2012 23:57:57 +0000

Here is the ETF Professor's ETF Watch List for Thursday February 23, 2012.

No surprise here: Watch the iShares Gold Trust (NYSE: IAU).

Precious metals part II: ETFS Physical Palladium Shares (NYSE: PALL).

More commodities: PowerShares DB Agriculture Fund (NYSE:

Benzinga's Microcap Movers for Wednesday February 22, 2012

Charles Gross — Wed, 22 Feb 2012 23:37:59 +0000

Below are highlights from Benzinga's daily coverage of microcap securities making big moves:

American Community Newspapers

Shares of American Community Newspapers (ACNIQ), the Dallas, TX publisher of 3 daily and 83 weekly newspapers, rose 5,300% Wednesday on 5 million shares.

Benzinga contacted American Community Newspapers, but was unable

Guggenheim to Shutter 8 Exchange-Traded Products in March (EWAC, OTR, OTP)

ETF Professor — Wed, 22 Feb 2012 23:21:31 +0000

Closures are a fact of life in the ETF business and while plenty of attention has been given the torrid pace of new product introductions in 2012, there are some ETF closures coming.

Guggenheim Investments, which says it's the eighth largest U.S.

Stocks Fall In Light Trade

Scott Rubin — Wed, 22 Feb 2012 22:42:10 +0000

A day after a highly anticipated (and fretted about) Greek debt deal was announced, which briefly pushed the Dow Jones Industrial Average over 13,000, the U.S. stock market recorded modest losses. The Dow shed 27 points and closed at just above 12,938. The widely watched blue-chip index traded in a range between 12,915 and 12,978 in a light news day.

Five Bullish Setups I'm Watching

António Costa — Wed, 22 Feb 2012 22:18:25 +0000

Benzinga's M&A Chatter for Wednesday February 22, 2012

Charles Gross — Wed, 22 Feb 2012 22:17:09 +0000

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday February 22, 2012:

Juniper Networks Announces Acquisition of Mykonos Software

The Deal:
Juniper Networks (NYSE: JNPR), the industry leader in network innovation, announced Wednesday it has acquired Mykonos Software, the leading provider

PennantPark Investment Corporation Increases Credit Facility to $380 Million

Matthew Kennedy — Wed, 22 Feb 2012 22:08:21 +0000

PennantPark Investment Corporation (NASDAQ: PNNT) announced today that it has entered into an amended and restated, multi-currency, senior secured revolving credit facility with certain lenders, which increased the size of the Credit Facility from $315 million to $380 million. SunTrust Robinson Humphrey, Inc. and J.P.