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Monthly Archives: February 2009

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Berkshire’s Letter & Report; Pain Yesterday, More Pain Tomorrow (BRK-A)

Posted: February 28, 2009 at 10:11 am

Berkshire Hathaway Inc. (NYSE: BRK-A) has just released its 2008 annual report, along with the ever-important letter to shareholders from the Oracle of Omaha, Warren Buffett.  Last year was Buffett's ...
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After GE Dividend News, What To Expect Next (GE)

Posted: February 28, 2009 at 8:51 am

We already noted what is happening to the General Electric Co. (NYSE: GE) dividend.  The company's plans to save $9 billion from the $0.31 dividend cut being taken down to ...
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Something Brewing At Mosaic? (MOS, AGU, CF, TRA)

Posted: February 27, 2009 at 5:10 pm

Mosaic Co. (NYSE: MOS) was lost in the financial shuffle today.  Perhaps it should not have been.  The stock rose up 8.5% at $43.05 today on more than double the ...
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Apple Swaps Auditors (AAPL)

Posted: February 27, 2009 at 4:53 pm

Apple Inc. (NASDAQ: AAPL) has taken an interesting action.  It could be a completely harmless one, but in today's climate it could raise some eyebrows.  The company has changed auditors. ...
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Banker: “Take This TARP and Shove It” (IBKC)

Posted: February 27, 2009 at 4:29 pm

IberiaBank Corp. (NASDAQ: IBKC) is a small regional bank which we have hardly ever covered.  But we wanted to take a chance to outline the community bank.  This was not ...
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The 52-Week Low Club (TSCM)(EBAY)(GE)(SNTA)(ABK)(C)

Posted: February 27, 2009 at 3:55 pm

Citigroup (C) Government will take a 36% share. Drops to $1.42 from 52-week high of $27.35. AMBAC Inc (ABK) Market hates it earnings. Drop to $.56 from 52-week high of ...
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Moody’s Worthless Review Of GE Dividend Cut (GE)

Posted: February 27, 2009 at 3:25 pm

Unfortunately, the ratings agencies still have some who rely upon what they say.  That is still the case when it comes to General Electric Co. (NYSE: GE) and its triple-A ...
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GE’s Dividend Cut Yields $9 Billion Savings (GE)

Posted: February 27, 2009 at 1:41 pm

General Electric Co. (NYSE: GE) is finally cutting its dividend.  We predicted this, and it has finally come to pass.  We said that a cut in half could save $5 ...
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Fertilizer’s Merger Triangle (AGU, CF, TRA)

Posted: February 27, 2009 at 11:23 am

Canadian-based fertilizer maker Agrium Inc. (NYSE: AGU) made an unsolicited offer for CF Industries Holdings, Inc. (NYSE: CF) earlier this week of one share of stock plus $31.70 cash for ...
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Utilities Merger Looks More Promising (EXC, NRG)

Posted: February 27, 2009 at 9:51 am

In mid-October, Exelon Corporation (NYSE:EXC) offered to acquire NRG Energy, Inc. (NYSE:NRG) in an all-stock deal at a fixed exchange ratio of 0.485 shares of Exelon stock for each share ...
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Bill Ackman Talking With Target (TGT) About Board Seats; Sold Call Options

Posted: February 27, 2009 at 9:10 am

In an amended 13D filing on Target (NYSE: TGT), Bill Ackman's Pershing Square Capital, a 7.8% shareholder, disclosed they are currently engaged in discussions with the company regarding the consideration ...
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Gold Stock Pressure, With Or Without Gold Prices (EGO, RGLD, IAG, GSS, GLD, GDX, ABX)

Posted: February 27, 2009 at 9:03 am

We covered last weekend about how the $1,000.00 gold was at an inflection point and looking as though it was either poised to pop to $1,200.00 on the speculation of ...
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Top Pre-Market Analyst Downgrades (ADBE, ADSK, LLNW, NIHD, ORLY, QSFT, SLM, SNTA, USM)

Posted: February 27, 2009 at 8:49 am

These are the top pre-market analyst downgrades and negative research calls we have seen this Friday morning: Adobe (ADBE) Cut to Market Perform at Wachovia. Autodesk (ADSK) Cut to Hold ...
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Top Pre-Market Analyst Upgrades (ANSS, BMC, CHS, OCR, THOR, VZ)

Posted: February 27, 2009 at 8:43 am

These are the top pre-market analyst calls on Wall Street that we have seen this Friday morning: ANSYS (ANSS) raised to buy at Jefferies; raised to Overweight at Thomas Weisel. ...
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GDP: The Depression In Recession

Posted: February 27, 2009 at 8:40 am

The Commerce Department has just reported Q4-2008 GDP this morning, and as expected it was much worse then the original estimates.  The problem is that the "already bad" expectations turned ...
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