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Daily Archives: March 19, 2009

Oracle (ORCL) starts a new trend of tech dividends?

Posted: March 19, 2009 at 7:12 pm

By Douglas McIntyre for DailyFinance Oracle (ORCL) did two things yesterday: It beat Wall Street earnings forecasts, and it set its first dividend. The second action may be more important ...
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Buyout for More Efficient Solar Panels from National Semi (NSM)

Posted: March 19, 2009 at 3:50 pm

National Semiconductor Corp. (NYSE: NSM) is making a push into solar via an acquisition.  The company has acquired Act Solar, Inc. to expand its portfolio of power optimization technologies along ...
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Palm Sees Revenue Slap (PALM)

Posted: March 19, 2009 at 3:26 pm

Palm, Inc. (NASDAQ: PALM) posted its third quarter results and disclosed that it had a net loss of $98 million or -$0.89 EPS after items.  The loss on a non-GAAP ...
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Microsoft’s (MSFT) Ballmer Waits For Yahoo! (YHOO) To Lose Money, Then Move In For The Kill

Posted: March 19, 2009 at 2:03 pm

Microsoft's (MSFT) CEO Steve Ballmer is making a good show of trying to get Yahoo! (YHOO) to discuss selling its search business. The combination could give MSFT 30% of the ...
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Barrick Raises Cash (ABX)

Posted: March 19, 2009 at 12:54 pm

If you thought the corporate bond market spreads were going to keep issuers away, there has been a record amount of new issuances.  Today, Barrick Gold Corporation (NYSE: ABX) announced ...
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Toll CEO Unloads Even More Stock (TOL, XHB)

Posted: March 19, 2009 at 11:39 am

Toll Brothers Inc. (NYSE: TOL) has submitted two different filings showing that CEO Robert Toll unloaded 1 million shares this week. (more...) ...
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The Reflation Trade Emerges, Again (USO, OIL, GLD, GDX, DBA)

Posted: March 19, 2009 at 9:36 am

Some good news in the markets today and the massive influx of future money from the Fed and Treasury has led to a substantial increase in both crude oil and ...
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Snapping up Volkswagen could be the smartest move in the car business

Posted: March 19, 2009 at 9:30 am

By Matthew DeBord from The Big Money The auto industry generates nothing these days that even remotely resembles good news. General Motors is teetering on the edge of official (as ...
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Leading Indicators Actually Lagging

Posted: March 19, 2009 at 9:17 am

The Conference Board has just released the "Leading Economic Indicators" for the month of February.  While these arguably don't really lead, there was another drop to -0.4% for February.  Both ...
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Alcoa Prices Offerings (AA)

Posted: March 19, 2009 at 8:39 am

Alcoa Inc. (NYSE:AA) has priced its offering of 150 million shares of common stock at $5.25/share. That represents a discount of about 23% to yesterday's closing price of $5.48/share.   At ...
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Is The Corning (GLW) News A ‘Green Shoot’?

Posted: March 19, 2009 at 8:32 am

Is today's Corning (NYSE: GLW) news one of the "green shoots" Fed Chairman Ben Bernanke was talking about? Corning said it now believes total glass volume for the first quarter ...
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Schumpeter, and the Slow March Toward Socialism?

Posted: March 19, 2009 at 8:29 am

By John Tamny RealClearMarkets In his 1942 book, Capitalism, Socialism and Democracy, Joseph Schumpeter asked the essential question: "Can capitalism survive?" His unsettling answer was, "No. I do not think ...
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Chinese Expand Oil Drilling (CEO, COP)

Posted: March 19, 2009 at 8:27 am

Chinese oil giant CNOOC Ltd. (NYSE:CEO) has begun production at a new field in Bohai Bay, off China's northeast coast. The new field is relatively small, producing just 4,000 barrels/day, ...
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Cisco Acquisition.. What The Flip? (CSCO)

Posted: March 19, 2009 at 8:20 am

Cisco Systems, Inc.(NASDAQ: CSCO) has made an announcement in acquisitions that may seem like a move further outside of its core operations.  It is actually just one more move into ...
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DryShips Scores Petrobras Award (DRYS, PBR, RDS-A)

Posted: March 19, 2009 at 7:53 am

DryShips Inc. (NASDAQ: DRYS) has just announced a new contract order that is sending shares soaring.  The company's Ocean Rig ASA subsidiary has received a 'letter of award' from Petrobras ...
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