Notable Calls submits: Goldman Sachs maintains their Neutral coverage view on the Homebuilder sector as they believe the stocks are unlikely to rally sharply from current levels despite many larger-cap stocks bumping up against an historical entry point of 1.0X price-to-book value .
The bear held a tight grip on the Nepal Stock Exchange (NEPSE) for yet another week as its index shed 14.18 points to end at 758.70 on Thursday, the last day of stock trading.
NBTY Founder Adopts Rule 10b5-1 Trading Plan
NBTY, Inc. , a leading global manufacturer and marketer of nutritional supplements, today announced that Arthur Rudolph, its Founder and a member of its Board of Directors, has adopted a pre-arranged stock trading plan to sell a portion of his NBTY stock over time, as part of his long term strategy of asset diversification and liquidity.
Fed acts to ease global credit crunch
The Federal Reserve announced Wednesday that it is coordinating with other central banks to deal with the global credit crunch. Stocks rallied after the surprise announcement.
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