Streetinsider.com's Hot Lunchtime Reads 03/21: (GOOG) (DRYS) (ORCL) (SVU) (CAT)
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Rally in Dry Bulk Has a Hole in It, Thinks Analyst (GNK)
March 22, 2013 10:25 AM EDTSince the start of the year dry bulk stocks rallied and are higher by 49 percent on average. Yesterday a number of shippers including Genco Shipping & Trading Ltd. (NYSE: GNK) experienced strong moves to the upside. The move higher continued early on Friday. Bullishness is being tied to improving market optimism and recovery in... More
