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Daily Archives: February 26, 2009

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GM (GM): The Silver Lining Is Global Market Share

Posted: February 26, 2009 at 7:27 am

GM (GM) posted a loss of $9.65 a share  for Q4 2008 compared to analyst forecasts of a $7.40 loss. Under most circumstances, that would be terribly bad news. For ...
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Early Bird Analyst Upgrades & Downgrades (CBY, CNP, DLTR, PHG, SFD, AGU, AIB, AAUK, IRE, CETV)

Posted: February 26, 2009 at 7:10 am

These are the early bird analyst calls with upgrades and downgrades from Wall Street this morning with about two and a half hours until the market opens: Cadbury (CBY) Raised ...
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Cheering Otherwise Bad News At Sears (SHLD)

Posted: February 26, 2009 at 6:44 am

Sears Holdings Corporation (NASDAQ: SHLD) beat earnings on the surface, but this is before huge charges.  The retail giant of Sears and KMart posted $2.94 EPS vs. $2.68 estimates, but ...
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Warning People About Prescription Drugs

Posted: February 26, 2009 at 6:22 am

For years, Americans have assumed that the FDA was set up to test drugs. If a treatment was not effective or was too dangerous for patients, it never made it to ...
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Letting The Government Own More Of AIG (AIG)

Posted: February 26, 2009 at 6:05 am

It seems like a devilishly clever plan. The US government already owns 80% of AIG (AIG). Why not break the company into pieces and let taxpayers own larger chunks of the ...
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RBS (RBS) Loses $34 Billion: Banks Still Have Capacity To Surprise

Posted: February 26, 2009 at 5:49 am

As the US government goes though the process of stress testing banks, it may want to be instructed by the lesson of RBS (RBS) which managed to loss $34 billion ...
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Requiem For The Rich

Posted: February 26, 2009 at 5:19 am

Most tax plans start with increasing the portion that the very wealthy pay as a percent of their income. That is not just true in America. It is a global ...
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Setting Up War Games For the Banking System

Posted: February 26, 2009 at 5:16 am

The latest way for the government to decide what it should do with troubled banks is to put them though what it calls a “stress test”.  The criteria that will ...
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Short Sellings Move Back Into Financials, Target Industrials, Tech, And Media

Posted: February 26, 2009 at 4:17 am

Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). ...
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Media Digest 2/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 26, 2009 at 3:51 am

According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. ...
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Asia Markets And Europe Open 2/25/2009

Posted: February 26, 2009 at 3:18 am

Markets in Asia were mixed. The Nikkei fell a fraction to 7,458. The Hang Seng was down 1.2% to 12,951 The Shanghai Composite dropped 2.9% to 2.21. At the open in Europe, ...
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