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Daily Archives: September 22, 2008

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Microsoft Scores AAA Rating From S&P (MSFT)

Posted: September 22, 2008 at 7:20 am

Standard & Poor's has just made what appears to be its first new "AAA" corporate credit rating in years.  The winner is none other than Microsoft Corp. (NASDAQ: MSFT).  Its ...
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Lowe’s (LOW) Set To Curb New Store Plans

Posted: September 22, 2008 at 7:05 am

In a sign that the people with the closest view of housing expect market conditions to remain weak for a long time, Lowe's (LOW) is expected to announce this week ...
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Top Pre-Market Upgrades & Downgrades (AB, ABFS, CNY, DKX, BEN, KMT, ODFL, OTTR, PZN, RJF, JOE, TROW, YRCW)

Posted: September 22, 2008 at 6:27 am

These are not all of the research calls affecting shares of stock, but these are some we have our eyes on this Monday:Alliance Bernstein (AB) Raised to Outperform at KBW.Arkansas ...
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USA Per Capita Bailout Costs

Posted: September 22, 2008 at 5:54 am

The $700 billion financial system bailout has so far stabilized the financial markets.  That part is hard to debate.  The long term effects, the path, and the implications are, of ...
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GM (GM) Dives Into Its Line Of Credit–Running On Empty

Posted: September 22, 2008 at 5:15 am

General Motors (GM) said on Friday that it will draw down $3.5 billion on the $4.5 billion line of credit it put in place with JPMorgan Chase (JPM) and Citigroup ...
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Pushing The Bailout To $2 Trillion

Posted: September 22, 2008 at 5:08 am

Paulson, Bernanke & Co. are learning just how diabolical the legislative process can be. Their $700 billion financial rescue program is meant to buy toxic assets from US banks and ...
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The Goldman Sachs (GS) Community Savings & Loan

Posted: September 22, 2008 at 4:34 am

Goldman Sachs (GS) and Morgan Stanley (MS) today give up their vaunted status as investment banks, no longer being the top dogs of the financial world. In this ancient industry, ...
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Media Digest 9/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 22, 2008 at 3:00 am

According to Reuters, Goldman Sachs (GS) and Morgan Stanley (MS) will give up their investment banking status and become bank holding companies to have access to the government's proposed $700 ...
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China

Asia Markets 9/22/2008 Nomura, CNOOC

Posted: September 22, 2008 at 2:24 am

Markets in Asia were higher with the Shanghai Composite up 7.7%. The Nikkei rose 1.4% to 12,091. Nomura Holdings was up as much as 9%. Mitsubishi UFJ Financial Group was ...
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