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Wednesday, March 17, 2010
   
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March 2010
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Business


Tuesday Midday Sector Laggards: Real Estate Development, Luxury Goods
Tuesday, 16 March 2010
In midday trading Tuesday, Real Estate Development shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of ZipReality (ZIPR), down about 9.4% and shares of Stratus Properties (STRS) off about 4.9% on the day.
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Tuesday Midday Sector Leaders: Silver, Gold Stocks
Tuesday, 16 March 2010
In midday trading Tuesday, Silver shares were relative leaders, up on the day by about 2%. Leading the group were shares of GT Panther Silver (GPR.
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Today's Big Losers: FRBK, LXRX, STON
Tuesday, 16 March 2010
This morning, shares of Republic First Bancorp (FRBK) are tumbling after it was announced that Metro Bancorp (METR) had canceled its merger agreement with the company. The Board of Directors for both companies citied uncertainties regarding regulatory approval as reason for the termination.
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Today's Big Gainers: BLTI, ICGN, ANPI
Tuesday, 16 March 2010
Investors in BioLase Technology (BLTI) will be smiling brighter this morning following the news that the FDA had approved the company's dental laser for sale in the US. The iLase diode laser can be used by dentists to perform minimally invasive hygiene procedures.
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Tuesday's ETF Movers: GDX, FBT
Tuesday, 16 March 2010
In midday trading Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Nevsun Resources (NSU), up about 5.4% and shares of Lihir Gold (LIHR), up about 4.6% on the day.
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