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Daily Archives: March 23, 2009

Tax Deductions Compromise the Tax Debate

John Tamny of RealClearMarkets In a 1924 speech before the National Republican Club, President Calvin Coolidge observed "that when the taxation of large incomes is excessive, they tend to disappear." ...
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Oil Sands Universe Just Got Simpler (SU, PCZ, TOT, ENY)

Two of the largest players in the Canadian oil sands, Suncor Energy Inc. (NYSE: SU) and Petro-Canada (NYSE:PCZ) announced that Suncor will acquire Petro-Canada in a deal valued at $15.5 ...
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Analysts Start Mead Johnson Coverage (MJN

Mead Johnson Nutrition Company (NYSE: MJN) has reached the end of its analyst quiet period where the firms who underwrote the deal can now begin their ratings coverage.  This was ...
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Top Analyst Upgrades & Downgrades (A, CRA, CNQR, GLW, AZO, BHP, CERN, GOL, ORLY)

These are the top pre-market analyst upgrades and downgrades we have seen with just about two hours until the market opens this Monday morning: Agilent (A) Raised to Outperform at ...
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Some Hope For Ford (F) As Abu Dhabi Puts Cash In Daimler

Ford (F) is in the best financial health of The Big Three. Its position could improve more, at least temporarily, if its deals to cut debt and reset its contract ...
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Finding A Job Trumps MySpace

In a world where thousands of US workers lose their jobs everyday, chatting and sharing personal feelings with friends is getting run over by the need to find employment. According ...
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Skype: The Best Things In Life Are Free

Getting people to pay for something that they are used to getting for free is nearly impossible. The newspaper industry is finding that out the hard way as it tries ...
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The Princes Of Anarchy

The members of The American Society of Half-wits were out in force on the weekend Washington talk shows. The regular guests must have been off celebrating the holiday that falls ...
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The Recession Fighters’ Caravan Moves Back To Detroit

The team that plans to bring the economy out of the recession is a bit like a traveling circus. Once every few days, it stops on Wall St., the metaphor ...
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Media Digest 3/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US ...
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Asia Markets 3/23/2009

Markets in Asia were sharply higher The Nikkei rose 3.4% to 8,216. The Hang Seng was up 3.7% to 13,207. The Shanghai Composite was up 2% to 2,325. Data from ...
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