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Daily Archives: February 16, 2009

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Microsoft (MSFT) Adjusts Investor Expectation Down

Posted: February 16, 2009 at 11:54 am

Wall St. is estimating that Microsoft (MSFT) will make $.40 a share in the current quarter and $1.77 for its fiscal year which ends in June. The company's CEO is ...
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What Each State Gets Under The Economic Stimulus Package

Posted: February 16, 2009 at 10:17 am

By Majorie Backman Marjorie Backman    DailyFinance Now that Congress has delivered to the president the economic-stimulus bill for his expected signature, how much aid will your state get in the ...
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Tax Cuts Are Great, but They’re Also a Non-Sequitur

Posted: February 16, 2009 at 8:06 am

John Tamny, RealClearMarkets Seeking to boost the economy, House minority leader John Boehner wrote in a recent op-ed for USA Today that our nation's fix lies in "fast-acting tax relief ...
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Sirius (SIRI): Firing The CEO Does Nothing

Posted: February 16, 2009 at 7:38 am

The latest chess move in the game to get control of Sirius XM (SIRI) is that the creditors are threatening to fire CEO Mel Karmazin if he takes the company ...
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Nokia (NOK) Goes After Apple (AAPL), Maybe

Posted: February 16, 2009 at 7:18 am

Nokia (NOK) is starting a software store for its handsets. According to MarketWatch, it will be "an online bazaar that will allow users to buy music or films as well as ...
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In Japanese GDP, A Foreshadowing For The US?

Posted: February 16, 2009 at 6:50 am

The US economy has a number of advantages over Japan. While Japan counts heavily on exports for its GDP growth, the US middle class consumes a great deal of what ...
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Nationalize This!!

Posted: February 16, 2009 at 6:31 am

The advocates for nationalizing US banks have been out in force recently.  Senator Lindsay Graham, who almost certainly does not have a PhD in economics or finance, told ABC News ...
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Media Digest 2/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 16, 2009 at 4:51 am

According to Reuters, Obama has dropped the idea of appointing a "car czar". Reuters reports that Japan's GDP is dropping at an annual rate of over 13%. Reuters reports that ...
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Asia Markets And Europe Open 2/16/2009

Posted: February 16, 2009 at 4:25 am

Markets in Asia were mixed. The Nikkei fell .4% to 7,750. The Hang Seng dropped .7% to 13,456. The Shanghai Composite rose 3% to 2,389. At the open in Europe, ...
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