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Monthly Archives: January 2009

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American Express Earnings Left Home (AXP)

Posted: January 26, 2009 at 4:31 pm

American Express Company (NYSE: AXP) posted earnings from continuing operations of $0.21EPS, down about a 70% year-over-year decline. Revenue plunged 11% to $6.51 billion. First Call expectations were $0.22 EPS ...
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NetFlix (NFLX) Earnings: Consumer Spending Still Alive, Shares Jump

Posted: January 26, 2009 at 4:25 pm

NetFlix (NFLX) benefited from two trends. The first is that consumers don't have money. The other is that they need entertainment even when the world around them is awful.Revenue for ...
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VMware Bunts on Earnings (VMW)

Posted: January 26, 2009 at 4:14 pm

VMware, Inc. (NYSE: VMW) just posted earnings and the virtualization leader reported that Q4 sales and earnings were $0.36 non-GAAP EPS on $515 million in revenues. Analysts were looking for ...
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The 52-Week Low Club (AFL)(ALTU)(PSUN)(KVA)

Posted: January 26, 2009 at 3:58 pm

AFLAC Incorporated (AFL) DeutscheBank dowgrades shares. Fall to $19.38 from 52-week high of $68.81.Altus Pharmaceuticals (ALTU) Sharp job cuts. Drops to $.23 from 52-week high of $6.66.Pacific Sunwear of California ...
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Is Chesapeake Really In Play? (CHK, BP, STO)

Posted: January 26, 2009 at 3:23 pm

Chesapeake Energy (NYSE: CHK) is trading marginally higher today on market chatter that BP plc (NYSE: BP) wants to acquire the company.  We first noticed this in the trading for ...
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IPO Filing: Penn Millers Holding Corporation (PMIC)

Posted: January 26, 2009 at 1:35 pm

We have a new IPO filing from Penn Millers Holding Corporation.  This is far from a traditional IPO, and it looks as though it is destined to be in the ...
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Gold Rises, But What About Gold Stocks? (ABX, NEM, NG, VGZ)

Posted: January 26, 2009 at 1:23 pm

Gold prices have risen more than $100/ounce in the past two weeks, but this has done little for many of the larger gold companies.  We took a look at Barrick ...
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Electric Utilities See the Value in the Pipes (AEP, AYE, BRK/A)

Posted: January 26, 2009 at 12:51 pm

American Electric Power Company (NYSE:AEP) expects to increase the company's profit by building new power transmission lines. The company plans to spend more than $7 billion to add new high-voltage ...
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IPO Filing: Medidata Solutions, Inc. (MDSO)

Posted: January 26, 2009 at 12:40 pm

Medidata Solutions, Inc. has filed with the SEC to come public via an initial public offering.  The company has applied to take the ticker "MDSO" on NASDAQ.Citigroup and Credit Suisse ...
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Good News Where Least Expected (HAL, WFT, SLB)

Posted: January 26, 2009 at 12:22 pm

The earnings reports from oil field services companies Halliburton Company (NYSE:HAL) and Weatherford International Inc. (NYSE:WFT) surprised investors on the upside this morning. Given the bad news out of Schlumberger ...
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Can VMware Escape Earnings Noose? (VMW, EMC, CTXS)

Posted: January 26, 2009 at 11:04 am

Virtualization leader VMware, Inc. (NYSE: VMW) is set to report earnings after the close of trading today.  This earnings will likely have an impact on EMC Corp. (NYSE: EMC) and ...
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Sharp Rise In Housing Data, Caveat Emptor

Posted: January 26, 2009 at 10:13 am

The National Association of Realtors showed a positive surprise on December's existing home sales numbers.  But you shouldn't be surprised that it comes with a twist. The rate came to ...
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Markets Solve the Immigration ‘Problem’

Posted: January 26, 2009 at 10:13 am

John Tamny, Real Clear MarketsDuring the darkest days of the war in Iraq, former British Prime Minister Tony Blair was asked whether the United States' best days were behind it. ...
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Nero Burns Rohm & Haas (ROH, DOW)

Posted: January 26, 2009 at 9:42 am

Rohm & Haas Co. (NYSE: ROH) is probably upsetting some who chased the move on Friday who were hoping its buyout might actually close.  But this morning the company announced ...
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Layoff Hurdles Make 9% Unemployment Look Optimistic (HD, S, CAT, IBM, NOV)

Posted: January 26, 2009 at 9:01 am

We have been tracking the layoffs and the weekly jobless claims to figure out what they mean for the economy.  Just this morning we noticed many job cut announcements from ...
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