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Daily Archives: January 13, 2009

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First Solar Takes Another Downgrade (FSLR)

Posted: January 13, 2009 at 8:47 am

Shares of First Solar, Inc. (NASDAQ: FSLR) were already hit hard yesterday.  They are under pressure again this morning.  It isn't just lower and lower energy prices and a slower ...
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Bernanke Admits Banks Still Troubled

Posted: January 13, 2009 at 8:17 am

Ben Bernanke today addressed a number of issues still plaguing the economy. He said that no one could predict how long an economic recovery would take. He acknowledged that the ...
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Early Bird Analyst Upgrades (ATML, ELN, FDP, ICLR, SLW, SMA)

Posted: January 13, 2009 at 7:19 am

These are some of the top pre-market analyst upgrades from Wall Street which we have seen this Tuesday morning with more than two hours until the open:Atmel (NASDAQ: ATML) Started ...
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Early Bird Analyst Downgrades (ADBE, BLKB, GLW, DE, ERIC, PCG, PPDI, PLD)

Posted: January 13, 2009 at 7:16 am

These are some of the analyst downgrades we have seen from Wall Street this Tuesday morning with more than two hours until the open:Adobe Systems (NASDAQ: ADBE) Cut to Underperform ...
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Chaos Theory Takes Hold Of Corporate Earnings

Posted: January 13, 2009 at 6:36 am

If a world where corporate earnings are completely predictable is a "10" and a world where they cannot be predicted at all is a "1", most of the last several ...
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The UAW Finds Out Detroit Is “Too Big To Fail”

Posted: January 13, 2009 at 6:27 am

The UAW is dragging its feet in negotiations with GM (GM). That could be risky business. The federal government reserved the right to put the car company into bankruptcy if ...
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The Wisdom Of Panic: Firing CEOs When The Chips Are On The Line

Posted: January 13, 2009 at 6:08 am

The Wall Street Journal has made a great deal of the fact that six big company CEOs have been sacked in the last eight days. Chief executives are fired all ...
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The “Green” Revolution In Cars Dies Off

Posted: January 13, 2009 at 5:40 am

Up until now, the biggest obstacle to the sale of hybrid cars is that some Americans think the people who drive them are sissies. That may be true, but Toyota ...
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The Last Pillar Of The Chinese Economy Falls

Posted: January 13, 2009 at 4:49 am

The way that China was going to roll forward to become the No.1 economy in the world was relatively simple. An expanding global need for cheap goods would drive a ...
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Media Digest 1/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 13, 2009 at 4:03 am

According to Reuters, Detroit's efforts to build "green" cars may come too late.Reuters reports that Obama is seeking the $350 billion still left in the TARP.Reuters writes that prosecutors will ...
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Asia Markets And Europe Open 1/13/2009

Posted: January 13, 2009 at 3:28 am

Most markets in Asia were sharply lower. The Nikkei fell 4.8% to 8,414,The Hang Seng was off 2% to 13,681.The Shanghai Composite fell 2% to 1,863.In Europe, at the open, ...
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