Reports Of Another Oil Rig Explosion In The Gulf Of Mexico, Platform Is Still On Fire, Leak Status Undetermined

Posted: September 2, 2010 at 11:50 am

According to the San Jose Mercury News, there are confirmed reports that a second oil rig has exploded in the gulf of mexico, off the Louisiana coast. At the moment, all thirteen members of the rig ha...
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    • Retailers See Role Reversal to Start September (COST, TGT, FDO, WMT, M, JCP, KSS, JWN, LTD, GPS, ANF, ARO, BKE, ZUMZ, HOTT)

    Posted: September 2, 2010 at 11:05 am

    Retailers are reporting August same-store sales numbers today, and on the whole the reports are positive after a very cautious and dismal July. August is prime back-to-school shopping time, the retail...
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    Pending Home Sales, Trying To Catch A Falling Knife

    Posted: September 2, 2010 at 10:24 am

    Assume for the the time being that the housing crisis will last well into 2011, that foreclosures will rise, and the number of underwater mortgages will not improve from the current 11 million level. ...
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    eBay Becomes Newest Fake Email Scam Target, Again (EBAY)

    Posted: September 2, 2010 at 9:48 am

    eBay Inc. (NASDAQ: EBAY) does not deserve what is happening to it, or at least it does not deserve the secondary and tertiary damage that could be caused by those who are hellbent on mischief.  In re...
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    The Mad Bidding For 3Par Continues

    Posted: September 2, 2010 at 9:16 am

    3Par announced that it received a revised proposal from Hewlett-Packard Company to acquire all of 3PAR's outstanding common stock at $33 per share, which is an increase from its previously announced...
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    Today’s Best Market Rumors (9/2/1010)

    Posted: September 2, 2010 at 9:04 am

    Updated throughout the day. A buyout of Burger King (NYSE: BKC) is likely to be at $24 (WSJ) China search engine firm Baidu (NASDAQ: BIDU) will focus more on mobile markets (Reuters) The SEC ...
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    The Twitter-24/7 Wall St. Market Report (9/2/2010): Apple, Apple, Jobs–Report

    Posted: September 2, 2010 at 8:56 am

    Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitte...
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    Top Active Trader Alerts (BRCD, BKC, WEN, CRME, MPEL, OREX, PAR)

    Posted: September 2, 2010 at 8:39 am

    There are several stocks on the move that will be the focus of active traders and day traders on Thursday morning.  The stocks on the move are Brocade Communications Systems, Inc. (NASDAQ: BRCD), Bur...
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    Top Analyst Upgrades & Downgrades (AMCC, BSX, CLWR, FLEX, JACK, MDT, MPEL, MCO, NFLX, PPL, RTP, ZMH)

    Posted: September 2, 2010 at 8:13 am

    These are some of this Thursday's top analyst upgrades, downgrades and initiations seen from Wall Street research calls: Applied Micro Circuits Corp. (NASDAQ: AMCC) Cut to Sell at S&P Equity Re...
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    The IMF’s Plan To Fix The World Economy, Now Is A Good Time To Die

    Posted: September 2, 2010 at 5:48 am

    The IMF seems to believe that if it showers the world with enough information about the finances of developed and emerging nations that it can fix their economies by the power of its arguments. If it ...
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    The Cities The Great Recession Left Behind

    Posted: September 2, 2010 at 5:29 am

    The recession, so economists say, is over. The recovery may be slow, but it is underway. Unemployment will drop slowly through the next few years and may fall under 9% in 2011. The real estate market ...
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    Media Digest 9/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

    Posted: September 2, 2010 at 5:09 am

    Reuters:   GM's IPO road show will begin in November. Reuters:   Costco's (NASDAQ: COST) August sales rose 7%. Reuters:   Apple Inc.'s (NASDAQ: AAPL) iTV is the latest effort to make a web...
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    Blame For Lehman Bankruptcy Lies With Richard Fuld

    Posted: September 1, 2010 at 7:28 pm

    Richard Fuld, who pocketed $484 million in compensation between 2000 and 2008 when Lehman Brothers collapsed,  must be a masochist or a narcissist.  Why else would the former Wall Street CEO contin...
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    What The Top-Ten Selling Cars Will Be For 2011

    Posted: September 1, 2010 at 3:08 pm

    The auto industry went through two bruising years in 2008 and 2009 when annual domestic sales dropped to about 10 million vehicles per year. This is in stark contrast to 2005 and 2006 when the figure ...
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    Don’t Believe The Nonsense About The Estate Tax

    Posted: September 1, 2010 at 1:57 pm

    The estate tax is not and never has been a "death tax" , yet the nickname that critics gave it a few years ago has stuck.  That's a pity because the levy underscores the notion that America is the la...
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    CEO Conflict: Layoffs Boost CEO Pay (C, BAC, CAT, VZ, PFE, EMR, JPM, AA, WMT, MRK, JNJ, HPQ, DIS, IBM, T, F, UTX)

    Posted: September 1, 2010 at 11:40 am

    The Institute for Policy Studies, a progressive think tank, has published its 17th annual survey of CEO compensation, noting, among other things, that CEOs of the 50 firms that have laid off the most ...
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    Endless Dollars For Share Buyback Plans (GPS, HPQ, MRVL, INTU, JWN, RSH, RL, DTV, DISCA, AMTD, IT)

    Posted: September 1, 2010 at 9:05 am

    Buybacks may not be considered the best return of capital by many investors and market pundits, but they are M&A-alternatives for management of companies.  The amount of share buybacks announced ...
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    Today’s Best Market Rumors (9/1/2010)

    Posted: September 1, 2010 at 9:02 am

    Updated throughout the day. Burger King (NYSE: BKC) is for sale (WSJ) Microsoft (NASDAQ: MSFT) will team up with a partner in China to expand its search operations. (WSJ) JPMorgan Chase (NYSE...
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    The Twitter-24/7 Wall St. Market Update (9/1/2010) Job, Job, And Amazon TV

    Posted: September 1, 2010 at 8:54 am

    Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitte...
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    ADP Private Payroll–More Double Dip Fuel

    Posted: September 1, 2010 at 8:38 am

    ADP data on private sector employment was disappointing and pointed to a potential weak national joblessness announcement on Friday. The information, added to consumer confidence, housing, and a fa...
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