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Daily Archives: December 3, 2008

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The Treasury Finally Looks To The Real Problem (FNM)(FRE)

Posted: December 3, 2008 at 6:49 pm

Now that the Fed, Treasury, and Congress have set up plans to bailout everything from banks to car companies to bicycle shops, Treasury Secretary Henry Paulson has decided to turn ...
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CEO Of The Year Nominees: 5) Samuel J. Palmisano Of IBM (IBM)

Posted: December 3, 2008 at 6:37 pm

24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this weekThe CEOs ...
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The 52-Week Low Club (IFX)(RTP)(POT)(MSCC)

Posted: December 3, 2008 at 3:58 pm

Infineon Technologies (IFX) Misses numbers by a mile. Drops to $1.16 from 52-week high of $13.06.Rio Tinto (RTP) Falling commodities prices and ongoing disappointment about failed takeover by BHP. Down ...
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Chrysler Threatens World Order

Posted: December 3, 2008 at 2:39 pm

Fighters who are about to go down for good always resort to fighting dirty. Why not? Nothing to lose.Jim Press, Chrysler's vice chairman, repeated the party line. If we don't ...
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Beige Book: Depression, Recession

Posted: December 3, 2008 at 2:06 pm

All districts showed weakness... weakening labor, weak exports, weak housing, commercial real estate declines, lower housing prices, weak retail, mining and energy down, wage pressure subdued, lower manufacturing.... You already ...
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Before You Buy Into SanDisk Alert (SNDK)

Posted: December 3, 2008 at 1:55 pm

SanDisk Corp. (NASDAQ: SNDK) has traded up most of the day on options reports from OptionMonster regarding a potential bid from Toshiba.  This was after a flurry of call options ...
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Rumor: UAW May Cry “Uncle”

Posted: December 3, 2008 at 12:41 pm

According to The Wall Street Journal, "Leaders of the United Auto Workers union are close to signing off on changes to the 2007 labor contract with Detroit's three auto makers, ...
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Deutsche Bank Said Mining Companies Dividends Are Not Safe (AA, FCX, PCU,

Posted: December 3, 2008 at 11:22 am

In a report out this morning, Deutsche Bank said investors are takingfalse comfort in the dividends of mining stocks and said most metalscompanies have now gone into "survival" mode and ...
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PC Sales To Die Next Year (AAPL)(HPQ)(DELL)(MSFT)(RIMM)(NOK)(PALM)

Posted: December 3, 2008 at 10:58 am

PCs. cell phone, and video games. Winners every year. Rock solid growth driving remarkable industry earnings.Nokia (NOK), RIM (RIMM), and PALM (PALM) have destroyed the hope that 2009 will be ...
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Precision Drilling: The Grey Wolf Saga Continues (PDS, GW)

Posted: December 3, 2008 at 10:48 am

The merger between Precision Drilling (NYSE:PDS) and Grey Wolf (NYSE:GW) could turn into the longest running soap opera on Wall Street. Our story last month summed up the action so ...
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Nexen: Another Foray from France (NXY, TOT)

Posted: December 3, 2008 at 10:44 am

The FT reported that Canadian oil company Nexen (NYSE:NXY) is being courted by France's Total SA (NYSE:TOT). Total could be preparing a bid for as much as $16 billion for ...
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CEO Of The Year Nominees: 4) H. Lee Scott Of Wal-Mart (WMT)

Posted: December 3, 2008 at 10:29 am

24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this weekThe CEOs ...
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10 CEOs To Go In 2009: William Dillard II of Dillard’s (DDS)

Posted: December 3, 2008 at 10:12 am

Dillard's Inc. (NYSE: DDS) could use new blood, literally.  The company is run by William Dillard II as CEO (founder's son) and as Chairman, and its President is Alex Dillard.  ...
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Harvard Endowment Down: Bill Gates, Send Money

Posted: December 3, 2008 at 10:04 am

Harvard produced Steve Ballmer, Bill Gates, and Jim Cramer.It has produced eight presidents has hundreds of big company CEOs.By the look of things, its investment managers are doing better than ...
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The French Go After Buffett (CEG, BRK-A)

Posted: December 3, 2008 at 8:46 am

Whenever something like this comes along, one has to ask, "Are these guys serious?"  Electricite de France (EDF) yesterday offered Constellation Energy (NYSE:CEG) a premium of about 96% to purchase ...
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