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Monthly Archives: January 2009

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Is Liberty Exiting IAC/InteractiveCorp Entirely? (IACI, LINTA, LINTB, LMDIB, LCAPA, LCAPB)

Posted: January 6, 2009 at 3:08 pm

John Malone and Barry Diller had their full round of the boxing match last year.  But now it seems another fight may be under way.  Liberty Media Corp. has been ...
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Market Dings Apple (AAPL) On iTunes Price Cut

Posted: January 6, 2009 at 2:24 pm

Apple (AAPL) cut the prices of some of the songs available on its iTune music service and the market did not like it at all.According to a number of media ...
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Fed Minutes: Pain & Unemployment Ahead… And Deep Recession

Posted: January 6, 2009 at 2:11 pm

The minutes from the December FOMC meeting where rates were essentially taken to zero have now been released.  What is interesting is that there is very little expected hope for ...
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Aladdin In Play? (ALDN)

Posted: January 6, 2009 at 12:09 pm

Aladdin Knowledge Systems Ltd. (NYSE: ALDN) shares have risen sharply on new reports that the Israeli data security software provider was close to receiving a buyout offer from a Vector ...
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German Billionaire Merckle Takes His Life Amidst Financial Crisis

Posted: January 6, 2009 at 10:54 am

Another prominent figure has reportedly taken his life amidst the turmoil of the financial markets.  In this case, it appears that 74 year-old German billionaire Adolf Merckle has committed suicide.  ...
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Pending Home Sales Depressing, Red Cross Looking For Blood Donors

Posted: January 6, 2009 at 10:37 am

"Manufacturing is the worst it has been in decades.""Joblessness rose to its highest level in 37 years.""Consumer confidence fell to it the lowest level since measurements began 16 years ago."The ...
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Logitech Slowly Becoming A Bargain (LOGI)

Posted: January 6, 2009 at 10:31 am

Shares of Logitech International (NASDAQ: LOGI) are trading lower after the company withdrew its guidance.  What is interesting is that the stock of this Swiss computer and gaming peripheral leader ...
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Why Is Sprint (S) Up 30% In Three Days? A Day-Trader’s Dream

Posted: January 6, 2009 at 10:11 am

Three days ago, Sprint (S) traded at $1.79. Today, it hit $2.32 in early trading, up 30%.AT&T (T) and Verizon (VZ) are down during the same period, to some extent ...
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Oppenheimer Flips Back to a Bullish Stance On Apple (AAPL) Following Jobs Health Disclosure

Posted: January 6, 2009 at 9:11 am

Analysts at Oppenheimer upgraded Apple (Nasdaq: AAPL) today following details from Steve Jobs about the condition of his health ahead of Macworld. If you remember, Oppenheimer downgraded Apple on December ...
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New Nukes for Florida (PGN, SGR, SCG)

Posted: January 6, 2009 at 9:10 am

Westinghouse Electric, a subsidiary of Japan's Toshiba Corporation, has signed an engineering, procurement, and construction contract with the Florida subsidiary of Progress Energy, Inc. (NYSE:PGN) to build two new nuclear ...
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Weatherford: Raising Money the Old-Fashioned Way (WFT, SLB, HAL, BJS, BHI)

Posted: January 6, 2009 at 9:07 am

Oil field services company Weatherford International Ltd. (NYSE:WFT) announced that it has begun offering Senior Notes due in 2019. A subsidiary of Weatherford "will fully and unconditionally guarantee the notes ...
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LDK & More Solar Peer Pressure (LDK, FSLR, CSIQ, JASO, ESLR, SOLF)

Posted: January 6, 2009 at 8:39 am

LDK Solar Co., Ltd. (NYSE: LDK) is living up to the doubts that many investors had in this stock.  When times were good for solar and alternative energy players, many ...
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Jaguar: A Cautionary Tale for Future GM/Chrysler Buyers

Posted: January 6, 2009 at 8:17 am

By John Tamny  RealClearMarketsWith England's economy gasping in the mid 1970s due to a combination of nosebleed rates of taxation and a currency in freefall, the fortunes of many of ...
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Bernstein Dumps Insurers (ACE, ALL, CB, CNA, TRV, XL, AIG)

Posted: January 6, 2009 at 7:56 am

Financial stocks may have enjoyed sizable bounces from their lows in November and December, but not all analysts are following them up.  The insurrance sector and some of the re-insurance ...
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Dow Chemical (DOW): Sue Kuwait

Posted: January 6, 2009 at 7:39 am

Dow Chemical (DOW) seemed to be upset that the government of Kuwait walked out on the big joint venture they had agreed to.According to MarketWatch: Dow Chemical Co. (DOW) said ...
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