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Monthly Archives: March 2009

Natural Gas Prices Driven By LNG Imports? (DVN, CHK)

Posted: March 12, 2009 at 10:10 am

There are some issues surrounding natural gas that is keeping a cap on the sector. Spot prices are bouncing around between $3.50 and $4.00 per thousand cubic feet. At those ...
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iSIRIUS… It’s Coming (SIRI, AAPL)

Posted: March 12, 2009 at 8:56 am

It looks like the long-awaited tie up from Sirius XM Radio Inc. (NASDAQ: SIRI) and Apple Inc. (NASDAQ: AAPL) is happening.  This opens up a much larger market for SIRIUS ...
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China’s Power Consumption Rises

Posted: March 12, 2009 at 8:35 am

Electricity consumption in China has apparently risen 15% year-over-year in February, and 13.2% higher than January. The rise follows four consecutive months of falling consumption, which amounted to declines of ...
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S&P Cuts GE, A Mere Formality (GE)

Posted: March 12, 2009 at 8:27 am

General Electric Co. (NYSE: GE) was finally downgraded by a debt ratings agency.  Standard & Poor's  cut the ratings for GE. This has been telegraphed for nearly three months.  What ...
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Gilead Wins CV Therapeutics Bid; Higher Bid Coming? (GILD, CVTX)

Posted: March 12, 2009 at 8:10 am

Gilead Sciences, Inc. (Nasdaq: GILD) has agreed to buy CV Therapeutics, Inc. (Nasdaq: CVTX) for $20.00 per share in cash. (more...) ...
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Bank Insiders Look Smart For a Change (C, WFC, BAC)

Posted: March 12, 2009 at 8:09 am

Some recent bank insiders that bought stock in their respective banks are finally looking smart after looking like fools for some time. Over the years, insider buying has been seen ...
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Pfizer’s Sutent Scores Another Pancreatic Tumor Win (PFE)

Posted: March 12, 2009 at 7:46 am

Pfizer Inc. (NYSE: PFE) is stopping its Phase III clinical trial of Sutent early.  This is generally a scare over adverse events, but not in this case.  Sutent apparently has ...
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Continuing Jobless Claims Reach Record Losses

Posted: March 12, 2009 at 7:35 am

We just got the latest round of weekly jobless claims, and it is still a worker bloodbath out there.  This last week's figure was put at 654,000.  Economists had project ...
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Down Markets and Dumb Economic Myths

Posted: March 12, 2009 at 7:26 am

By John Tamny  RealClearMarkets Be it up markets or down markets, when stocks are moving powerfully in either direction lots of misinformation seeps into the public discussion. And with shares ...
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Top Analyst Upgrades (ABMD, ALTR, SNP, JCI, MDAS, SQNM, ZNT)

Posted: March 12, 2009 at 6:51 am

These are some of the top analyst upgrades and positive research calls we are seeing this Thursday morning with about two hours until the market opens: Abiomed (ABMD) Raised to ...
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Top Analyst Downgrades (CRZO, LDK, LUKOY, MBLX, PLLL)

Posted: March 12, 2009 at 6:44 am

These are some of the top analyst downgrades and negative research calls we are seeing this Thursday morning with about two hours until the market opens: Carrizo Oil & Gas ...
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Citi Starts Online Broker Coverage (SCHW, ETFC, AMTD)

Posted: March 12, 2009 at 6:37 am

Citigroup has initiated coverage of the discount and online brokerage universe this morning.  There is a mix of coverage in the call rather than a positive or negative for the ...
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Nintendo: At Least People Can Still Afford Games

Posted: March 12, 2009 at 5:26 am

The economy is so bad that most people live in a world where they shop at Wal-Mart (WMT) and eat at McDonald's. Finding entertaining things to do has simply gotten ...
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Unemployment Picks Up Speed While Bailout Slows

Posted: March 12, 2009 at 5:06 am

A new Reuters poll of economists does not offer much hope for an improvement in the nation's financial condition. Many see unemployment topping 10%. The news service reports that "Median ...
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Roche Buyout: For Genentech (DNA), A Game Well Played

Posted: March 12, 2009 at 4:44 am

Before Roche decided to try to buy the 44% of biotech company Genentech (DNA) that it did not already own the smaller firm traded at $75. Roche offered just over ...
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