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Daily Archives: January 20, 2009

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All’s Well With Microsoft (MSFT) Except Its Plans

Posted: January 20, 2009 at 9:40 pm

The Daily Racing Form's take on Microsoft's (MSFT) fourth quarter is that there was nothing good about it. The company missed earnings and will have to fire almost 10,000 people. ...
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IBM (IBM): Corporate America’s Last Man Standing

Posted: January 20, 2009 at 9:23 pm

The number of large American companies which have effectively dodged the falling safe of the recession can be counted on most people's fingers and toes. Wal-Mart (WMT) has done remarkably ...
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For US Banks, The Glass Is 1% Full (RBS)(C)(BAC)(WFC)(JPM)(FNM)(FRE)(AIG)

Posted: January 20, 2009 at 9:02 pm

The raging debate about the largest American banks is whether their stock market values should be zero. Economist Nouriel Roubini, the most highly paid pessimist in the world, recently said ...
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Moody’s Raises TD Ameritrade, Above Junk (AMTD)

Posted: January 20, 2009 at 7:51 pm

TD Ameritrade Holding Corp. (NASDAQ: AMTD) has been caught up in much of the same malaise affecting other financial and brokerage firm stocks.  The company posted a drop of more ...
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IPO Withdrawal: Stallion Oilfield Services

Posted: January 20, 2009 at 4:46 pm

A Houston-based company called Stallion Oilfield Services, Inc. has withdrawn its plans for an initial public offering.  While the company did not formally call its reason as being "market conditions," ...
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IBM Scores While Others Can’t (IBM)

Posted: January 20, 2009 at 4:30 pm

International Business Machines (NYSE: IBM) has posted some mixed earnings with earnings at $3.28 EPS and revenue at $27.01 billion.  Thomson Reuters (First Call) had estimates of $3.03 EPS and ...
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The 52-Week Low Club (BAC)(C)(WFC)(JPM)(STT)(AAPL)(DNDN)

Posted: January 20, 2009 at 4:07 pm

The carnage among financial stocks is so complete, that they are listed here witht thier lows:Bank of America (BAC): $5.17, Citigroup (C): $2.80, Wells Fargo (WFC): $14.02, JP Morgan (JPM): ...
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Is Microsoft Selling T-M-T Portfolio? (MSFT, CMCSA, T, S, BBY)

Posted: January 20, 2009 at 4:06 pm

Microsoft Corp. (NASDAQ: MSFT) used to be a huge investor in telecom, media, and technology companies.  A recent SEC filing shows that Microsoft no longer holds its previous stake reported ...
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Fiduciary Banks, More Financial Sector Funerals (STT, BK)

Posted: January 20, 2009 at 2:42 pm

The so-called fiduciary banks were never supposed to be immune from the woes of the financial sector.  They were supposed to be more-resistant than most depository and lending institutions.  Ask ...
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Constellation Still Raising Cash (CEG, GS)

Posted: January 20, 2009 at 10:54 am

Constellation Energy Group Inc. (NYSE:CEG) continues to shed assets. This time it's the company's London-based international commodities trading operations, which Constellation will sell to a division of Goldman Sachs Group ...
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Canadian Gas Pipeline Challenges Alaska Route (XOM, COP, RDS, TRP)

Posted: January 20, 2009 at 10:48 am

The Canadian government is reported to have offered financial support to the Mackenzie Valley gas pipeline project. Imperial Oil, a wholly-owned subsidiary of Exxon Mobil Corporation (NYSE:XOM), leads the project, ...
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Chinese Company Expects Oil Production to Grow in 2009 (CEO, CVX)

Posted: January 20, 2009 at 10:44 am

When China's CNOOC Ltd. (NYSE:CEO) lost out to Chevron Corporation (NYSE:CVX) in a bid for Unocal, it found other places to invest. Like Nigeria and Indonesia. Those investments are expected ...
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B of A Stock Becoming Bunk of America (BAC)

Posted: January 20, 2009 at 10:12 am

Bank of America Corporation (NYSE: BAC) has put itself right in harm's way if you have been watching its share price over the last week (and longer).  Ken Lewis is ...
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Contradicting Economists, OPEC Sees Oil At $75

Posted: January 20, 2009 at 9:50 am

OPEC must know something the rest of the world does not know. Its chief believes that crude prices will recover to $75 sometime this year.Either OPEC expects to cut its ...
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Saudi Prince & $8 Billion in Losses (C, PCLN, PEP, MOT, HPQ, EBAY, AAPL, EK)

Posted: January 20, 2009 at 9:44 am

If you are not familiar with the name Kingdom Holding Co., you may know its owner by the name of Prince Alwaleed bin Talal.  He has been a very visible ...
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