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Daily Archives: November 12, 2008

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Arguments Still Valid Oil Will Go Back To $100

With oil moving in the direction of $50 a barrel, analysts keep moving their target price for crude lower.The argument is simple. A huge global recession will undermine demand in ...
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Best Buy, Worst Buy (BBY)

Best Buy Co., Inc. (NYSE:BBY) has issued an earnings warning this morning.  The electronics and home appliances retailer is noting a fall in consumer spending, driven by the recent turmoil ...
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Wall St. Gets Ready For GM (GM) Bailout And Disappointment

GM's (GM) shares are up almost 15% to over $3.25 on new hope and old rumors that the government will bailout the company. Both Obama and a number of members ...
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Pc

Qualcomm (QCOM) Means To Bring The Internet To The World

It may be a way to make money, but it could also change the dynamics of how tens of millions of people get information about the outside world.Qualcomm (QCOM) announced ...
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Top 10 Early Bird Analyst Upgrades & Downgrades (BBBY, BTI, PAG, VRTX, MT, STD, CRXL, FMCN, MR, OWW)

These are the ten early bird analyst upgrades and downgrades we have seen early this morning with two and a half hours until the market opens:Bed Bath & Beyond Raised ...
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Unemply

Bulletin From The Distant Past: Holiday Sales Will Fall

For some reason, retailers have been thinking that this holiday season would be bad but not brutal. Industry experts have been saying sales might only be up 2% or 3% ...
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Apple (AAPL) Takes On Sony (SNE) And Nintendo In Games

Apple's (AAPL) iPhone does everything. It is a phone, a multimedia player, a web browser, and a washing machine.Now, Apple wants the iPhone to be a gaming platform and it ...
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Msft

Microsoft (MSFT) Picks Google’s (GOOG) Pocket

Mobile search is supposed to be the next big thing on the internet. Now that PC users have pretty much decided what search service they want to use, the war ...
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Goldman Sachs (GS) Tells Wall St. To Mind Its Own Business

Rumors that Goldman Sachs (GS) will have to raise more money have helped push its stock from $123 less than a month ago to $71 yesterday.Wall St. wants to believe ...
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Treasury

Paulson Wants To Ruin Bailout With Private Equity

Henry Paulson's newest idea for his $700 billion bailout fund is to get private equity firms to invest side-by-side with him in the next series of financial firms that will ...
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Short Sellers Still Love Financial, But Move Into Healthy Companies (AAPL)(MSFT)(XOM)(CSCO)(GM)(F)(SIRI)

Short sellers are still betting that financial shares will fall but they have boldly moved into shares of companies which are considered healthy, those with both good balance sheets and ...
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Media Digest 11/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Chrysler is running out of time and options for staying in business.Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund.Reuters writes ...
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China

Asia Markets And Europe Open 11/12/2008

Markets in Asia were mixed.The Nikkei fell 1.3% to 8,696. The Hang Seng rose ,4% to 14,093.The Shanghai Composite was up ,8% to 1,859.At the open in Europe, the FTSE ...
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