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Daily Archives: November 13, 2008

Crocs

Most Overpaid CEO Of The Day: Ron Snyder Of Crocs (CROX)

Leave aside being overpaid. It is stunning that Ron Snyder, CEO of Crocs (CROX), can keep his job. After repeated earnings disappointments, shares in the company hit a 52-week low ...
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Worst Corporate Press Release Of The Day: McGraw-Hill (MHP)

From time to time, corporate public relations departments put out information that they later regret having released.To draw attention to their troubles, they issue a second release which has the ...
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The 52-Week Low Club (C)(CROX)(MSFT)(INTC)(WCG)(GE)

GE (GE) Concerns about dividend and financial services arm. Drops to $14.58 from 52-week high of $39.95. Citigroup (C) Huge consumer lending portfolio becomes more of a time bomb. Drops ...
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City Holding Company Files To Raise Cash (CHCO)

City Holding Company (NASDAQ: CHCO) has filed to raise up to $100 million.  The company will be able to issue any combination of common stock, preferred stock, warrants to purchase ...
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Why GE’s Dividend Is Safe (GE)

General Electric Co. (NYSE: GE) has found itself under a "smart money" controversy, which may be an argument about the reality of the rules and regulations versus the perceptions of ...
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Stock Market Takes Out October Lows (DIA, SPY, QQQQ)

There is a disturbing event happening, and it is one which if gets much worse will take out much of the feeling that the markets have bottomed out.  Today the ...
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IEA Cost Projections Bode Ill (XOM, COP, APA)

The International Energy Agency released its World Energy Outlook yesterday. The headline number is that the IEA predicts oil prices will rise to $200/b by 2030. The agency cites rising ...
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Soros: “Depression Possible”

George Soros, billionaire money manager, had his turn to join fellow hedge fund managers testifying before Congress.Soros made a point of scaring the hell out of them. (more...) ...
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Citigroup (C): Firing Vikram Pandit

Citigroup's (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who replaced the remarkably careless and callous executives who ran Citi, ...
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Can Forbes Keep Its Enterprise Value From Falling?

In 2006, Elevation Partners, the same venture firm which bailed out Palm (PALM) and counts U2 lead singer Bono as a managing director, put about $275 million into Forbes to ...
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American Public Education Filing Takes Toll (APEI)

American Public Education, Inc. (NASDAQ: APEI) filed to sell just over 4.2 million shares of common stock after the close yesterday after earnings and it is taking its toll on ...
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IPO Filing: Alon Brands, Inc., A 7-Eleven Play (ABO)

It seems that the IPO filings may at least be seeing a very small comeback after weeks and weeks of being in a desert with no oasis.  Alon Brands, Inc. ...
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Nouriel Roubini and the Folly of Fiscal Stimulus

By John Tamny of RealClearMarketsWhereas before there had been almost no framework to explain what Roosevelt was doing, now a respectable one was forming. Spending promoted growth, if government was ...
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24/7 Day Trading Alerts (CROX)(OPTR)(FEED)(NTAP)(AMAG)

Things are so bad at Crocs (CROX) that it is off nearly 50% down near $1.Optimer Pharmaceuticals (OPTR) continues to be volatility. Details here..AgFeed (FEED) is getting crushed. NetApp (NTAP) ...
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Exelon: Hostile Takeover of NRG is Out of the Gate (EXC, NRG)

Exelon Corporation (NYSE:EXC) has officially kicked off its unsolicited takeover of NRG Energy (NYSE:NRG). We reported the details yesterday. Exelon needs to receive a majority of NRG's shares outstanding (about ...
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