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Daily Archives: January 12, 2009

Goldman Sachs Thinks Oil Could Fall To $30 On Weak Fundamentals and Inventory Build

Posted: January 12, 2009 at 9:25 am

Analysts at Goldman Sachs said weak fundamentals will dominate the oil market and high inventories could result in oil prices as low as $30 per barrel this quarter. Goldman said ...
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Can Rambus Regain Its Shine? (RMBS, MU)

Posted: January 12, 2009 at 8:59 am

Calling last week a rough spot for Rambus, Inc. (NASDAQ: RMBS) might be the understatement of the year.  This was after a federal judge in Delaware ruled that the chip ...
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When Americans Save, They Are Stimulating

Posted: January 12, 2009 at 8:21 am

John Tamny RealClearMarketsAmid the U.S. economy's continuing struggles, conventional wisdom has suggested that Americans must spend in order to bring the economy out of its slump. Along those lines, a ...
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Early Bird Analyst Upgrades & Downgrades (A, GNTX, PFE, AA, AGN, HOG, PBH, SSS, STM, TEN)

Posted: January 12, 2009 at 7:31 am

These are some of the top early bird upgrades and downgrades we have seen from Wall Street analysts this Monday morning:Agilent (NYSE: A) Raised to Outperform at Baird.Gentex (NASDAQ: GNTX) ...
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Corporate Bankruptcies: The Next Hurdle For Banks

Posted: January 12, 2009 at 6:48 am

The list of problems that could hurt bank earnings is already pretty long. The first big problem was mortgage-backed securities. That was followed by consumer credit write-offs. Then came loans ...
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CBS (CBS) Loses At Musical Chairs

Posted: January 12, 2009 at 6:21 am

Shares in CBS (CBS) are down almost 65% over the last year, much more than the DJIA and other major media companies.Part of the reason is that the firm is ...
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Making Obama Wait

Posted: January 12, 2009 at 6:05 am

No one being seating in the next Congress, the 111th United States Congress, is likely to accused of beating his wife, using the wrong fork, or passing gas while speaking ...
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The Imbecile’s Ball: Citigroup (C) Dances Around Management Change

Posted: January 12, 2009 at 5:40 am

What will happen next on Citigroup's board or among the ranks of its senior management involves a guessing game. By several accounts, chairman Win Bischoff is leaving. But, he has ...
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Twelve Major Media Brands Likely To Close In 2009

Posted: January 12, 2009 at 4:27 am

No one working in the media industry will ever have seen a year as bad as 2009 will be. The sharp slide in advertising began in 2008, and, based on ...
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Media Digest 1/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 12, 2009 at 4:07 am

According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the one at Morgan Stanley (MS) Citi would be paid about ...
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Asia Markets And Europe Open 1/12/2009

Posted: January 12, 2009 at 3:22 am

Markets in Asia were lower.The Nikkei did not trade due to a holiday.The Hang Seng fell 3% to 13,946.The Shanghai Composite was off .2% to 1,900.At the open in Europe, ...
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