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Daily Archives: November 13, 2008

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Repsol YPF: Are the Russians Coming? (REP)

Posted: November 13, 2008 at 8:51 am

Repsol YPF (NYSE:REP) is one of the ten largest integrated oil companies in the world. It is based in Madrid, and owns substantial assets in South America. Repsol reported third ...
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Unemply

Jobless Claims Cross 500K, Brace For Much Higher Unemployment

Posted: November 13, 2008 at 8:42 am

Weekly jobless claims came out this morning above the critical and psychological level of 500,000 filing for unemployment.  This was a gain of 32,000 to 516,000, and to little surprise ...
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Top 10 Pre-Market Analyst Upgrades & Downgrades (MO, STZ, LVS, LYV, RF, AXP, CMS, DELL, SOLR, TIBX)

Posted: November 13, 2008 at 7:40 am

These are the top ten early bird upgrades and downgrades we have seen this Thursday morning with about two hours until the open:Altria (MO) Raised to Neutral from Sell at ...
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Walmart

Recession’s Grim Reaper Can’t Catch Wal-Mart (WMT)

Posted: November 13, 2008 at 6:36 am

The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is ...
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GM (GM): People Will Not Buy Cars From A Bankrupt Company

Posted: November 13, 2008 at 6:20 am

There is a perception among investors and government officials that GM (GM) CEO Rick Wagoner will say anything to save his job. He has argued hard and often that people ...
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House

Foreclosures May Be Unstoppable

Posted: November 13, 2008 at 6:02 am

Every problem is supposed to have a solution, no matter how difficult. The rising number of foreclosures and the falling prices of homes should be arrested by plans from the ...
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Ronaldmcdonald

McDonald’s (MCD) Argues That Some Companies Are Recession-Proof

Posted: November 13, 2008 at 5:48 am

There is no economic slowdown under the golden arches. Where else can someone buy a large meal of heart-healthy food for under $2, and only $1 for the kids.McDonald's has ...
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Newspaper

Media Digest 11/13/2008 Reuters, WSJ, NYT, FT, Bloomberg

Posted: November 13, 2008 at 3:57 am

According to Reuters, Japan will supply money to the IMF.Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank.Reuters reports that the US may need to insure wholesale ...
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Jap

Asia Markets And Europe Open 11/13/2008

Posted: November 13, 2008 at 3:25 am

Most markets in Asia fell.The Nikkei was off 5.3% to 8,239, Sony (SNE) dropped on concerns about holiday sales.The Hang Seng fell 6% to 13,097. HSBC (HBC) fell sharply.The Shanghai ...
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