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Monthly Archives: January 2009

Old_car

Asia Markets And Europe Open 1/26/2009

Posted: January 26, 2009 at 3:20 am

Markets in China were closed.The Nikkei moved down .8% to 7,683.In Europe, at the open, the FTSE was up .5% to 4,074. The Dax dropped .2% to 4,150 and the ...
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Empire_2

If A Better TARP Will Not Do, Build A Bigger One

Posted: January 25, 2009 at 3:52 pm

The second and last $350 billion of TARP funding is not in the hands or the new Treasury Secretary and the $825 billion stimulus package may not leave the hands ...
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Water_lilies

Buy Land, They Ain’t Making Any More Of It

Posted: January 25, 2009 at 12:55 pm

Mark Twain and Will Rogers shared a sentiment. As Twain said, “Buy land, they're not making it anymore”.It would have been interesting to ask each man what he thought about ...
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Winter_2

GDP Will Drop By More Than 7% In The Second Half

Posted: January 25, 2009 at 11:55 am

Bloomberg's poll of economists shows that the experts think US GDP contracted 5.5% in the fourth quarter. A drop of that magnitude would be the greatest since 1982, a year ...
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Sunset

California Dreaming

Posted: January 25, 2009 at 9:57 am

Arnold Schwarzenegger may believe that he would be sitting in Barak Obama's chair in the Oval Office if only he had been born a US citizen. Instead he runs California, ...
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Winter

The Picture Of China’s Economy Almost Certainly Wrong

Posted: January 25, 2009 at 9:29 am

When China's Lazarus, Deng Xiaoping, finally became the absolute leader of the world's most populated nation in 1978, the country began its evolution from being an evil empire to becoming ...
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Old_car

US Car Companies Get Arrogant

Posted: January 25, 2009 at 7:18 am

Barely a month after begging for money in Washington, the US auto companies are talking about what a fine job they are doing preparing for a profitable future.Their predictions are ...
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Empire

As Freddie Mac (FRE) Requests More Cash, The Scope Of The Bailout Gets Much Bigger

Posted: January 24, 2009 at 8:51 am

The Treasury has provided loan facilities of up to $100 billion for both Fannie Mae (FNM) and Freddie Mac (FRE). Freddie Mac is preparing to ask for $35 billion from ...
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Sunset

Stealing From Shareholders By Resetting Stock Option Prices

Posted: January 24, 2009 at 8:03 am

Google (GOOG) made the decision to reset the prices on some of its employee stock options. As the company works to retain employees it make sense. Options set at $500 ...
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Joggcnbc_2

24/7 Take: GE “AAA” vs. GE 10% Dividend Yield (GE)

Posted: January 23, 2009 at 5:04 pm

Today, I was asked by CNBC to opine on the credibility over General Electric Co. (NYSE: GE) earnings reaction in the stock, but specifically about the dividend that is now ...
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Burning_money_pic_3

52-Week Low Club (AXP, COF, NILE, CLX, RDEN, FDX, HOG, ISRG, KF, MSCC, PII, RAX, RNWK, STX)

Posted: January 23, 2009 at 4:14 pm

Today's market looked more like an advanced yo-yo session rather than a regular stock market trading day.  Since stocks gapped down so much, there were many new names on the ...
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Water_lilies_2

Is Internet Advertising Revenue Falling As Fast As Print? (NWS)(NYT)(YHOO)(MSFT)(GE)(MNI)(GCI)(MHP)(TWX)

Posted: January 23, 2009 at 2:48 pm

According to MINOnline, advertising pages in major monthly magazines are down 20% for issues from the first two months of this year. One of the most popular weeklies, The Economist, ...
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Money_stack_pic_2

Cash Pipeline Still Flows at Kinder Morgan (KMP, SRE, COP)

Posted: January 23, 2009 at 12:19 pm

Kinder Morgan Energy Partners L.P. (NYSE:KMP) reported earnings yesterday, and handily missed analysts expectations of $3.4 billion in revenue and earnings per limited partner unit of $0.53. Revenue for the ...
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Exelon & NRG, Earnings and a Duel (EXC, NRG)

Posted: January 23, 2009 at 12:16 pm

Exelon Corporation (NYSE:EXC) rose nearly 1.5% yesterday after the company reported fourth quarter 2008 EPS of $1.07, up from $0.84 in 2007. Full-year revenue of $18.86 billion was almost $1 ...
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Bad News at Schlumberger, Yet Shares Rise (SLB, WFT, HAL)

Posted: January 23, 2009 at 12:11 pm

Schlumberger Limited (NYSE:SLB) reported a clear miss on quarterly and annual revenue and EPS estimates, but shares rose more than 6%. On top of that, the company expects 2009 to ...
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