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Daily Archives: March 9, 2009

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T-I Update Looks Good Enough On Surface (TXN)

Posted: March 9, 2009 at 3:54 pm

Texas Instruments Inc. (NYSE: TXN) said it is now looking for first quarter revenue  of $1.79 billion to $2.05 billion.  The good news is that this is within the company's ...
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The 52-Week Low Club (PQ)(LVS)(ANN)(HGSI)

Posted: March 9, 2009 at 3:22 pm

Petroquest Energy (PQ) Now visible news. Shares drop to $.61 from a 52-week high of $29.18. Las Vegas Sands (LVS) Chief operating officer is replaced. Sells off to $1.38 from ...
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Agrium-CF-Terra Merger Triangle Gets Hostile (AGU, CF, TRA)

Posted: March 9, 2009 at 2:03 pm

Agrium Inc.(NYSE: AGU) does not want to give up on its merger intentions.  The company issued a statement saying that the rejection by CF Industries Holdings, Inc. (NYSE: CF) of ...
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Rohm & Haas and Dow Deal Back At $78? (ROH, DOW)

Posted: March 9, 2009 at 1:38 pm

The Rohm & Haas (NYSE: ROH) acquisition by Dow Chemical (NYSE: DOW) is actually going to close if CNBC's David Faber is accurate.  Faber just reported some merger news that ...
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Stocks That Should Double: Tech (AAPL)(QCOM)(ADBE)(NOK)(YHOO)

Posted: March 9, 2009 at 1:29 pm

This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows.  The timeframe is by the end of 2010, which is meant to coincide with ...
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Roubini, From Doom To Less-Doom

Posted: March 9, 2009 at 1:16 pm

Nouriel Roubini, head of Roubini Global Economics (RGEMonitor.com) and a professor at the Stern Business School at New York University, has shared some thoughts today for more gloom and doom ...
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Buffett Defends, Regrets & Explains Many Positions (BRK-A, BRK-B, GE, JNJ, KO, TIF, AIB, IRE, WFC, COP)

Posted: March 9, 2009 at 9:32 am

Warren Buffett has been a much more reserved lately, although not as much as the recent performance might dictate. In the latest Berkshire Hathaway Inc. (NYSE: BRK-A) annual report, he ...
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Opportunism Everywhere in Fertilzer Business (CF, AGU, TRA, MOO)

Posted: March 9, 2009 at 9:02 am

Fertilizer maker CF Industries Holdings, Inc. (NYSE: CF) this morning rejected a buyout offer from Canada's Agrium, Inc. (NYSE: AGU). The stock and cash offer was valued at about $72/share ...
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WTI Price Back on Top (USO, OIL)

Posted: March 9, 2009 at 8:39 am

For the past few months, the global crude oil benchmark, WTI, has been trading lower than other crude varieties. No longer. On Friday, WTI closed higher than Dated Brent, $45.52 ...
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Coal for Sale (ACI, RTP)

Posted: March 9, 2009 at 8:29 am

Arch Coal, Inc. (NYSE:ACI) plans to buy a coal mine in Wyoming's Powder River Basin from Rio Tinto plc (NYSE:RTP) for $761 million. The Jacobs Ranch mine includes 381 million ...
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Piper Jaffray Lifts Amazon.com (AMZN) to Buy, Says “Party Just Getting Started”

Posted: March 9, 2009 at 8:20 am

Piper Jaffray is upgrading Amazon.com (Nasdaq: AMZN) today from Neutral to Buy and boosting its price target from $55 to $81, saying "The Party Is Just Getting Started." On the ...
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Rite Aid Yells ‘Do Over!’ on Reverse Split (RAD)

Posted: March 9, 2009 at 8:06 am

Rite Aid Corp. (NYSE: RAD) may be hoping that its $0.22 share price won't be as important down the road as it would have been when the NYSE was actively ...
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Palm Share Remarketing Effort Overhang (PALM)

Posted: March 9, 2009 at 7:51 am

Palm, Inc. (NASDAQ: PALM) stock is indicated lower on word from the company that it is exercising its right to re-market approximately 18.5 million common shares underlying 49% of the ...
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McDonald’s (MCD) Defies Gravity, Again

Posted: March 9, 2009 at 7:42 am

Someone needs to tell McDonald's (MCD) that there is a recession. The company posted remarkable same-store sales again in February. After making an adjustment for the different number of days ...
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When Left Alone, Recessions Correct On Their Own

Posted: March 9, 2009 at 7:32 am

John Tamny  RealClearMarkets Banking giant JPMorgan Chase announced Feb. 23 that it would be cutting its quarterly dividend by 87% to a nickel per share. At face level, this sounds ...
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