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Daily Archives: November 24, 2008

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Shell Runs Into a Double Whammy (RDS.A/B)

Posted: November 24, 2008 at 9:02 am

Royal Dutch Shell (NYSE:RDS.A/B) has been hit with two issues at once.  While neither is going to bust the company, multiple problems hitting at once is a bad omen.  The ...
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Is Berkshire Hathaway Finally A Cheap Stock? (BRK-A)

Posted: November 24, 2008 at 8:46 am

This weekend, Barron's wrote an article noting that shares of Berkshire Hathaway Inc. (NYSE: BRK-A) were finally cheap.  After closing at $90,000 on Friday and seeing a low of $74,100 ...
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Does Bank Of America (BAC) Get The Next Bailout?

Posted: November 24, 2008 at 7:22 am

The Paulson/Bernanke bailout is now spreading across the financial system like a prairie fire in a stiff wind. AIG (AIG) got one deal. A number of banks got a piece ...
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Top Early Bird Analyst Calls (JBT, XPRT, PTRY, SNY, ERIC, LLTC, MXIM, NSM, NFC, RTP, SAI)

Posted: November 24, 2008 at 7:16 am

These are some of the top pre-market analyst upgrades, downgrades, and initiations we are seeing early this Monday morning with more than two hours until the open:John Bean Technologies (JBT) ...
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Omrix Gets Acquired By J&J (OMRI, JNJ)

Posted: November 24, 2008 at 6:45 am

It looks as though not quite all the mergers are dead on the medical tech and biotechnology front.  Johnson & Johnson (NYSE: JNJ) announced that it is acquiring Omrix Biopharmaceuticals, ...
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Synaptics Files to Raise Cash (SYNA)

Posted: November 24, 2008 at 6:31 am

Synaptics Inc. (NASDAQ: SYNA) filed late on Friday to sell up to $250 million in a mixed securities shelf.  The company will be able to sell any combination of Common ...
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Is GE Going To Raise More Cash? (GE)

Posted: November 24, 2008 at 6:05 am

After the close of trading on Friday, General Electric Co. (NYSE: GE) filed an open shelf registration with the SEC which would allow it from time to time to sell ...
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Will US Government Open Hundreds Of Car Dealerships?

Posted: November 24, 2008 at 5:52 am

Hundreds of junior employees from Treasury may be asked to don cheap suits and take up residence at car dealers all over America. They can put "sale" signs on windshields ...
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The Recession And Weeding Out America’s Worst Management (MCD)(LUV)(JPM)(WFC)(GM)(INTC)(AMD)(DIS)(CBS)(HPQ)(WMT)(GE)

Posted: November 24, 2008 at 5:36 am

Most executives spend their careers trying to get noticed, both as a way to achieve promotion and to bolster their reputations which they hope will be remembered long after they ...
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The US Now Owns Citigroup (C), Not Done Funding Bank

Posted: November 24, 2008 at 5:18 am

One size does not fit all. Citigroup (C) will get a bailout which does not look anything like the deal the government has made with other large banks under the ...
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Media Digest 11/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 24, 2008 at 3:54 am

According to Reuters, the US government gave Citigroup (C) a bailout worth over $300 billion.Reuters reports that the rescue of Citi failed to dispel concerns about the financial market as ...
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Asia Market And Europe Open 11/24/2008

Posted: November 24, 2008 at 3:21 am

Most markets in Asia were lower. The Nikkei was closed for a holiday.The Hang Seng was down 1.4% to 12,484.The Shanghai Composite was down 3.7% to 1,897.In Europe, the FTSE ...
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