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Monthly Archives: January 2009

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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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Three-day Weekend Mutes Sound of Oil Falling (COP)

Posted: January 20, 2009 at 9:11 am

Nothing like a holiday weekend to soften the blow of bad news. Add in another day for a presidential inauguration, and it's hard to see how ConocoPhillips Corporation (NYSE:COP) could ...
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RBC Capital Upgraded Research in Motion (RIMM) to Outperform

Posted: January 20, 2009 at 9:11 am

Today, RBC Capital upgraded Research in Motion (NASDAQ: RIMM) from Sector Perform to Outperform from Sector and raised its price target form $45 to $75. The firm said it expects ...
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Goldman Sachs Upgrades Motorola (MOT), Adds To Conviction Buy List

Posted: January 20, 2009 at 9:09 am

Goldman Sachs upgraded Motorola (NYSE: MOT) from Neutral to Buy and added the stock to its Conviction Buy List with a $7 price target, citing valuation.Goldman said the stock price ...
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Layoffs Hitting Harder In Private Equity (BX, ACAS)

Posted: January 20, 2009 at 9:04 am

Cerberus Capital Management was one of the top private equity firms any MBA graduate  would have wanted as their career destination.  But this week may mark another stark reminder that ...
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Economist Nouriel Roubini Says US Banking System Is Insolvent

Posted: January 20, 2009 at 8:55 am

US bank stocks are off sharply this morning on bad news from the UK, particularly that it has taken a 70% interest in huge financial firm RBS (RBS).Banks may have ...
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Top Pre-Market Analyst Upgrades (ARCC, BNI, MOT, PALM, RVBD, WEN)

Posted: January 20, 2009 at 7:55 am

These are some of the top Pre-Market analyst upgrades on Wall Street this Tuesday morning:Ares Capital (ARCC) Raised to Neutral at JPMorgan.Burlington Northern (BNI) Raised to Neutral from Sell at ...
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Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

Posted: January 20, 2009 at 7:51 am

These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:Apollo Investment (AINV) Cut to Neutral at JPMorgan.Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.Canadian ...
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