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Monthly Archives: February 2009

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

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)

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)

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)

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)

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)

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)

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)

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)

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)

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

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)

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)

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)

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

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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