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Daily Archives: January 14, 2009

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Jim Cramer Stays Against Apple (AAPL)

Posted: January 14, 2009 at 6:49 pm

On tonight's MAD MONEY on CNBC, Jim Cramer briefly addressed Apple Inc. (NASDAQ: AAPL).  He said he has been against the company because of Steve Jobs' health concerns.  Today's actions ...
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Motorola Morale, An All-Time Low (MOT)

Posted: January 14, 2009 at 5:58 pm

Motorola Inc. (NYSE: MOT) must be the worst place to work in the entire mobile communications sector.  It is one thing that the company is issuing yet another earnings warning ...
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Tim Cook Fills In For Steve Jobs (AAPL)

Posted: January 14, 2009 at 4:56 pm

Apple Inc. (NASDAQ: AAPL) just delivered some startling news, which is actually not startling if you have been following the stories about the health of CEO Steve Jobs.  Because of ...
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SIRIUS XM Trades Equity For Debt, A Penny at a Time (SIRI)

Posted: January 14, 2009 at 4:36 pm

SIRUS XM Radio Inc. (NASDAQ: SIRI) issued a statement after the close showing how the company is taking tiny steps to trim its debt balances.  Every penny of debt it ...
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The 52-Week Low Club (FNB)(HBC)(UNP)(NCS)(FITB)

Posted: January 14, 2009 at 4:06 pm

F N B Corporation (FNB) Predicts big loss. Down to $8.89 from 52-week high of $20.70.HSBC Hldgs (HBC) Concerns bank will take huge write-down. Drops to $41.04 from 52-week high ...
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Merging The Mutual Fund Companies: Janus (JNS) And Alliance Bernstein (AB) Will Be Sold

Posted: January 14, 2009 at 3:02 pm

Being in the mutual fund and institutional money management business is almost as bad as being in commercial banking. Several companies in the industry have lost half of their assets ...
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A 50 VIX, Again

Posted: January 14, 2009 at 2:34 pm

The CBOE VOLATILITY INDEX, or "the VIX" or the "Fear Index" is still well off of its highs from the end of 2008 when it was trading at astronomical levels ...
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Anadarko Wins in Court (APC)

Posted: January 14, 2009 at 2:18 pm

Back in 1998-1999, the Clinton administration wrote contracts for offshore drilling that were supposed to provide royalty relief for oil companies if oil prices fell below $25/barrel. Somehow, the contracts ...
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Dr. Pangloss’s Beige Book Evaluation

Posted: January 14, 2009 at 2:15 pm

The Beige Book is out and the district by district report on business activity is somewhat dismal.  The good news is that the pace of bad news is not really ...
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Preliminary Bad News From Refinery Sector (MRO, TSO, VLO)

Posted: January 14, 2009 at 1:49 pm

Lower oil prices were supposed to be good for the refiners.  Yesterday, Marathon Oil Corporation (NYSE:MRO) released its interim update for the fourth quarter of 2008. Today, Tesoro Corporation (NYSE:TSO) ...
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Will Warner Music Go Hard After Death Row? (WMG)

Posted: January 14, 2009 at 12:01 pm

Being a record label, or now a music label, is not what it once was.  Not even close.  Just ask Death Row Records and former owner Suge Knight.  In an ...
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Outlining Flextronics Exposure To Nortel Bankruptcy (FLEX, NT)

Posted: January 14, 2009 at 9:36 am

We have already highlighted that Nortel Networks Corp. (NYSE: NT) has filed for Chapter 11 bankruptcy protection.  But the fallout from the filing continues to reverberate in the industry. For ...
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Collins Stewart Initiates Coverage on Amazon.com (AMZN) with a Buy; Negative on eBay (EBAY)

Posted: January 14, 2009 at 9:16 am

Stewart initiates coverage on Amazon.com (Nasdaq: AMZN) with a Buy. Price target $65.Collins analyst says, "AMZN leads the E-Commerce industry with a culture of innovation and a strong customer-centric approach. ...
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The Death of the Nortel Shareholder (NT)

Posted: January 14, 2009 at 8:46 am

Nortel Networks (NYSE:NT) has just been halted for trading on wire reports that the firm has filed for bankruptcy protection.  It is no secret that the company has been in ...
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Posted Without Comment: December Retail Sales

Posted: January 14, 2009 at 8:38 am

According to MarketWatch:"Stung by weak demand and falling prices, U.S. seasonally adjusted retail sales plunged 2.7% in December, the Commerce Department estimated Wednesday.Excluding the 0.7% decline in auto sales, retail ...
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