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Daily Archives: February 9, 2009

Failed Banks Would Be Preferable to One ‘Bad Bank’

Posted: February 9, 2009 at 8:08 am

John Tamny RealClearMarkets In the past week alone, readers of the business press have been treated to a variety of disturbing headlines concerning the federal government's role in the banking ...
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Top Pre-Market Analyst Upgrades (ADBE, ALXN, BIG, NSR, PFE, WYE)

Posted: February 9, 2009 at 7:57 am

These are some of the top pre-market analyst upgrades and positive calls we have seen this Monday morning: Adobe Systems (ADBE) Raised to Outperform at Oppenheimer. Alexion Pharmaceuticals (ALXN) Started ...
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Top Pre-Market Analyst Downgrades (BIIB, HIBB, KIM, LEN, NWS, NS, OSG, PGI, RMD, TK)

Posted: February 9, 2009 at 7:48 am

These are the top pre-market analyst downgrades and negative research calls from Wall Street this Monday morning: Biogen Idec (BIIB) Cut to Underweight at Barclays. Hibbett Sports (HIBB) Cut to ...
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Barclays (BCS): A Ray Of Sunshine

Posted: February 9, 2009 at 6:37 am

Barclays (BCS) proved that not all earnings at global money center banks have to be a disaster. The company beat forecasts and posted a profit for the second half of ...
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Nissan: The Global Car Recession Takes Another Victim

Posted: February 9, 2009 at 6:15 am

Nissan hit the car industry with news that was worse than expected. It will not only post a very large loss for the year, it will cut 20,000 jobs. What ...
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A Treasury With Too Much To Do

Posted: February 9, 2009 at 5:43 am

The Treasury has too much to do. It will delay talking about its new overhaul for banks until Tuesday while it works with Congress to help finalize a new stimulus ...
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Media Digest: 2/9/2008: Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 9, 2009 at 4:03 am

According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will ...
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Asia Markets And Europe Open

Posted: February 9, 2009 at 3:26 am

Markets in Asia were mixed. The Nikkei fell 1.3% to 7,970. The Hang Seng was up .9% to 13,781. The Shanghai composite rose 2% to 2,225. At the open in ...
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