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Monthly Archives: January 2009

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Richard Parsons, The Biggest Loser, Takes Over Citigroup (C) Chairman’s Job

Posted: January 21, 2009 at 4:52 pm

Why belabor the point? Richard Parsons, who did an awful job as Chairman and CEO of Time Warner (TWX), a position from which he mercifully retired , has been named ...
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Apple Shines, Amazingly No Worms (AAPL)

Posted: January 21, 2009 at 4:41 pm

Apple Inc. (NASDAQ: AAPL) has reported earnings, although it also now has the SEC looking into the company via an inquiry over its disclosure practices.  Earnings were  $1.78 non-GAAP EPS ...
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Ebay (EBAY) Earnings: Expecting Nothing And Getting It

Posted: January 21, 2009 at 4:41 pm

Wall St. had low expectations for Ebay's (EBAY) fourth quarter. For the period Ebay is expected to report earnings of $.39 a share on revenue of $2.1 billion, according to ...
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Energy Transfer Partners Raising Cash (ETP)

Posted: January 21, 2009 at 4:23 pm

Energy Transfer Partners, L.P. (NYSE:ETP) is raising cash.  The company is offering 5,000,000 common units that represent limited partner interests rather than common shares.   The net proceeds from this sale ...
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Netgear Holds The Line While Others Do Not (NTGR)

Posted: January 21, 2009 at 4:12 pm

Netgear, Inc. (Nasdaq: NTGR) issued preliminary guidance for the fourth quarter ended December 31, 2008.  The company said that it expects $155 million to $160 million in revenue.  Thomson Reuters ...
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An Ugly Truth About Bank Accounting (BAC)(WFC)(C)

Posted: January 21, 2009 at 3:28 pm

24/7 Wall St. set out to look at whether financial reporting at a number of companies, particularly banks ,is "reliable"? This process took into account the chances that a firm ...
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Anti-General Electric Bets Grow Stronger (GE)

Posted: January 21, 2009 at 2:34 pm

General Electric Co. (NYSE: GE) briefly hit a new 52-week low earlier this morning.  What is interesting is that there has been no support of the stock heading into Friday ...
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Expected Earnings Woes At Seagate Technology (STX)

Posted: January 21, 2009 at 1:25 pm

Seagate Technology (NYSE: STX) is set to report earnings after the close. Shares are up 4% despite the softening of expectations to the point that the company is now expected ...
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Investors Brace for eBay Earnings (EBAY)

Posted: January 21, 2009 at 1:01 pm

Online auction leader eBay Inc. (NASDAQ: EBAY) is set to report earnings after the close of trading.  The consensus estimates from Thomson Reuters (First Call) are $0.39 EPS on $2.12 ...
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Apple’s Earnings Focus Likely Far Different Today (AAPL)

Posted: January 21, 2009 at 12:44 pm

Apple Inc. (NASDAQ: AAPL) is expected to report earnings after the close of trading today.  Consensus estimates from Thomson Reuters (First Call) are $1.39 non-GAAP EPS and $9.75 billion in ...
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Jumpstarting Clean Energy… Is it Possible?

Posted: January 21, 2009 at 12:08 pm

There is a lot of speculation on how clean energy and alternative energy programs are going to get off the ground under the new administration and under the current economic ...
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Buffett Adds Burlington Northern Shares Before Earnings (BNI, CSX, BRK-A)

Posted: January 21, 2009 at 11:44 am

Burlington Northern Santa Fe Corp. (NYSE: BNI) is set to report earnings today, and this comes just a day after competitor CSX Corp. (NYSE: CSX) earnings missed analyst expectations after ...
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Trouble in the Oil Sands (SU, ECA)

Posted: January 21, 2009 at 10:30 am

Yesterday's New York Times carried a story about the commercial building boom in Calgary, Alberta. About 75% of Calgary's office space is occupied by companies involved in extracting fossil ...
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UBS Slaps Short-Term Sell on GE (GE), Says AAA Rating and Dividend At Risk

Posted: January 21, 2009 at 9:18 am

Once the bluest of the blue chips, General Electric (NYSE: GE) can not seem to get a break anymore. Today, analysts at UBS slapped a "Short Term Sell" on GE, ...
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Northern Trust Gets It Right (NTRS)

Posted: January 21, 2009 at 8:46 am

Northern Trust Corporation (NASDAQ: NTRS) is indicated higher after the trust bank and depository institution managed to show that some banks can beat earnings and still post positive earnings. (more...) ...
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