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Daily Archives: December 22, 2008

Top Pre-Market Analyst Downgrades (ABX, COGT, GMR, GG, NEM, NAT, PRU, UBS, X, WOR)

These are some of the top pre-market analyst downgrades we have seen early this Monday morning:Barrick (ABX) Cut to Neutral at UBS.Cogent (COGT) Cut to Neutral at JPMorgan.General Maritime (GMR) ...
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S&P Large Caps, Not Large Caps Anymore

It used to be that a large cap stock was defined by S&P as having a market cap of $5 billion. Because of the market drop, they revised that to ...
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More Bailout Cash For A New Bailout…Commercial Real Estate

The number of bailouts is becoming so large that new ones are hardly worth mentioning, But, when the lead story in The Wall Street Journal covers an fresh angle, it ...
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Cloud Computing Will Never Work

Cloud computing has started to pick up some fans. Google (GOOG) markets a lot of the stuff. It allows things like e-mail, documents, and spreadsheets to run on its servers. ...
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The PR Benefit Of Selling The Corporate Jet: The Financial Harm Of Doing It

The corporate jet was always a sign that fat cat CEOs were getting special treatment. Some companies even let management fly to vacation spots. Others said their CEOs were at ...
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The Individual Investor Takes A Holiday

In most big market downturns, individual investors give up the ghost and move money to their mattresses. Not only do they think that a bad economy will continue to drive ...
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Japan Exports: The First Economy To Fall Hard

While GDP measurements vary a bit from country to country, Japan is probably the world's second largest economy. Based on the decade plus economic stagnation in the nation in the ...
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Russia And China: Rioting For Fun And Profit

Violent labor unrest in the US may have seen its best days end with the Columbine Mine Massacre of 1927. There were some incidents after that, but they were not ...
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Media Digest 12/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Japan's recession deepened as its exports fell sharply.Reuters reports that Ireland will spend $7.7 billion to bailout its largest banks.Reuters reports that Toyota (TM) will report its ...
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China

Asia Market And Europe Open 12/22/2008

Markets in Asia were mixed The Nikkei rose 1.6% to 8,724 despite a big drop in exports. Toyota (TM) fell after cutting output.The Hang Seng dropped 2.6% to 14,742. The ...
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