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Monthly Archives: March 2009

Top Analyst Downgrades (AEG, ASTI, AVR, NU, RDS-A)

Posted: March 18, 2009 at 7:45 am

These are the top analyst downgrades and negative research calls we have seen on Wall Street this Wednesday morning: Aegon (AEG) Cut to Sell at UBS. Ascent Solar (ASTI) Cut ...
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AIG (AIG) May Pay Money To Hedge Funds

Posted: March 18, 2009 at 5:13 am

Since AIG (AIG) is handing out money to anyone it can find, why not give some cash to hedge funds to help them show profits and potentially make their partners ...
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Beginning To Think The Worst About China’s Growth

Posted: March 18, 2009 at 5:02 am

The sound of China's claims that its economy will grow at 8% or better this year are getting faint. According to the FT, "The World Bank  lowered its forecast for ...
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IBM (IBM) To Pay Too Much For Sun (JAVA)

Posted: March 18, 2009 at 4:49 am

In a weak economy, troubled companies should never be bought at a premium. No one has mentioned that to IBM (IBM) which is looking at paying $10 a share for ...
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AIG (AIG): Paying Taxpayers Back With Taxpayer Money

Posted: March 18, 2009 at 4:36 am

Using the oblique reasoning techniques of politicians, the Administration has decided to get back the big bonuses that AIG(AIG) paid to some of its employees by withholding the next of ...
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Falling In Love With The Sucker Rally (C)(GE)(SIRI)(AAPL)

Posted: March 18, 2009 at 3:56 am

The market rise of the last two weeks has been described as a “sucker” or a bear market rally. One means about the same as the other. The premise is ...
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General Motors (GM) Checkmates Obama In Two Moves

Posted: March 18, 2009 at 3:51 am

The wooden but plucky CEO of GM (GM), Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a ...
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Media Digest 3/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 18, 2009 at 3:03 am

According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke ...
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Asia Markets 3/18/2009

Posted: March 18, 2009 at 2:25 am

Markets in Asia were up modestly. The Nikkei rose .3% to 7,972 The Hang Seng was up 1.8% to 13,106. The Shanghai Composite rose .2% to 2,224. Data from Reuters ...
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IPO FILING: Changyou.com, Chinese MMORPG (CYOU)

Posted: March 17, 2009 at 4:25 pm

It has been a while since we had an IPO filing and the IPO market has been a ghost town with only a handful of deals since last summer.  Changyou.com, ...
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Oil ETF’s & The Return of $50 Oil (OIL, USO, OIH, DXO, DIG)

Posted: March 17, 2009 at 3:36 pm

Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over ...
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The 52-Week Low Club (SHS)(CHTR)(ENER)

Posted: March 17, 2009 at 3:03 pm

Sauer-Danfoss (SHS) Loses money. Suspends dividend. Drops to $3.03 from 52-week high of $37.93. Chartered Semiconductor (CHRT) No major news. Down to $.65 from 52-week high of $7.05. Energy Conversion ...
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AIG (AIG) Bonuses: Who’s To Say They Did Not Earn Them?

Posted: March 17, 2009 at 1:30 pm

In a letter from NYS Attorney General Andrew Cuomo to Rep Barney Frank, the AG's office disclosed the results of its investigation of the amount of money paid to certain ...
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DuPont Ignores Solar Market Woes (DD)

Posted: March 17, 2009 at 12:11 pm

DuPont, or EI DuPont de Nemours & Co. (NYSE: DD), has announced an initiative today that would have been cheered by investors a few months ago.  The company is continuing ...
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Discovery Says Amazon Kindle Infringes Its Patent (DISCA, DISCB, DISCK, AMZN)

Posted: March 17, 2009 at 11:40 am

Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) has filed a patent infringement suit against Amazon.com, Inc. (NASDAQ: AMZN)  regarding the Amazon Kindle e-book reader. (more...) ...
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