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Monthly Archives: February 2009

Plains Gains On Acquisitions (PAA)

Posted: February 12, 2009 at 9:14 am

We've said before that the way pipeline companies grow is by building or buying more pipelines. In its earnings report for the fourth quarter, Plains All American Pipeline LP (NYSE: ...
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A Little Relief From Retail Sales

Posted: February 12, 2009 at 8:45 am

Retail sales were much better than expected which leaves economists to ponder if it is the beginning of a recovery trend in one of the industries hardest hit by the recession. ...
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Jobless Claims Continue Blistering Pace

Posted: February 12, 2009 at 8:41 am

The weekly jobless claims data has surpassed the dreaded 600,000 mark.  The last week's unemployment lines were down 8,000 to 623,000.  We had weekly jobless claims numbers expected as 610,000 ...
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Coke (KO) Comes Through, With China Out In Front

Posted: February 12, 2009 at 8:26 am

If only the stock market was made up of companies like Coke (KO), McDonald's (MCD), P&G (PG), and Wal-Mart (WMT). But, it isn't. They are among the few firms which ...
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Tim Geithner Offers Paralysis, Not Solutions

Posted: February 12, 2009 at 8:12 am

By John Tamny  RealClearMarket Desperate to sell his economic plan in order to be crowned a "winner" in a political culture that equates stature with one's ability to fleece the ...
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Top Pre-Market Analyst Upgrades (AXYS, CRXL, DFT, LVLT, LGND, NOC, OXGN, PFE)

Posted: February 12, 2009 at 7:29 am

These are some of this morning's top pre-market analyst upgrades and positive research calls from Wall Street this Thursday morning with over two hours until the market opens: Axsys Technologies ...
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Top Pre-Market Analyst Downgrades (ASML, GSIC, LVLT, NYX, PACR, PBR, PT, QGEN, SAP, TGH)

Posted: February 12, 2009 at 7:22 am

These are this Thursday's early bird analyst downgrades and negative research calls with more than two hours until the market opens: ASML (ASML) Cut to Neutral at B of A ...
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Will GM (GM) Get The Cash It Needs From China?

Posted: February 12, 2009 at 6:36 am

Maybe GM (GM) won't have to turn to Congress for a big rescue package. Putting in money may be of benefit to a company outside the US government. One of ...
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Is The Fed Going Back On A Promise?

Posted: February 12, 2009 at 6:13 am

One of the cornerstones of the government bailing out the credit markets was that the Fed would buy up Treasuries and other bond instruments in an attempt to help improve ...
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Does Rio Tinto (RTP) Deal Put Alcoa (AA) In Play?

Posted: February 12, 2009 at 5:58 am

The Chinese government-controlled mining and metals company Chinalco is putting $19.5 billion into publicly traded peer Rio Tinto (TRP). A billion dollars of the cash will go to buying back ...
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The Math For Three-And-A-Half Million Jobs

Posted: February 12, 2009 at 5:35 am

Congress, well-fed and self-satisfied, can catch its wind now. It has put together a $789 billion stimulus package to get the economy on the road again. The most interesting ...
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Viva Las Vegas, The Depression Hits The Strip

Posted: February 12, 2009 at 5:29 am

Casino gambling is part of the American Dream. “The World Series of Poker” gets better ratings than the Super Bowl.  But, even the gaming industry is in trouble. The people ...
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Media Digest 2/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 12, 2009 at 3:58 am

According to Reuters, Congress is ready to pass the stimulus package. Reuters reports that Chinalco is putting $17.5 billion into Rio TInto (RTP). Reuters reports that Wall St. CEOs were ...
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Asia Markets And Europe Open 2/12/2008

Posted: February 12, 2009 at 3:19 am

Markets in Asia fell. The Nikkei was off 3% to 7,705. The Hang Seng fell 2% to 13,266. The Shanghai Composite was off .6% to 2,248. At the open in ...
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Fired For Lying About Degrees (IPI)

Posted: February 11, 2009 at 6:43 pm

Intrepid Potash, Inc. (NYSE:IPI) has announced that President and Chief Operating Officer, Patrick L. Avery, is leaving the company.  This isn't over management performance or over company developments.  He apparently ...
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