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Monthly Archives: March 2009

When Refineries Lose Money (WNR)

Posted: March 6, 2009 at 9:24 am

Western Refining Inc. (NYSE:WNR) reported a quarterly EPS loss of -$0.19, just half as much as its -$0.38 EPS loss in the fourth quarter of 2007. Excluding a one-time inventory ...
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Pickens & Pelosi: Clean Energy Does Better Than Expected (CLNE)

Posted: March 6, 2009 at 9:23 am

Clean Energy Fuels Corp. (NASDAQ:CLNE) reported a quarterly EPS loss of -$0.09, excluding certain items, beating analysts' estimates of a loss of -$0.37. Revenue was essentially flat with the fourth ...
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Try paying bills with this!

Double Digit Unemployment Looks More & More Likely

Posted: March 6, 2009 at 8:39 am

You're Fired!  That is what the Labor Department is dealing with on a growing basis.  The January unemployment rate of 7.6% just got replaced by a number of 8.1% ...
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angrybear6

The Stock Market Was Right About Wells Fargo (WFC): It Cuts Dividend

Posted: March 6, 2009 at 8:19 am

Wells Fargo (WFC) is supposed to be one of the healthier big banks. The market has not treated that way, driving its shares relentlessly lower--down 40% over the last five ...
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Fewer And Fewer Make Timely Mortgage Payments

Posted: March 6, 2009 at 7:48 am

It makes sense. Unemployment for February could hit 8%. It could move closer to 9% by the end of April. That does not include people who have been out of ...
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Top Analyst Upgrades (ARLP, MDRX, FDO, GFI, LOW, MSSR, MDR, TASR)

Posted: March 6, 2009 at 7:39 am

These are the top upgrades and positive calls we have seen from analysts on Wall Street this Friday morning: Alliance Resource (ARLP) Raised to Buy at Citigroup. Allscripts-Misys Healthcare (MDRX) ...
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uncle-sam1

New Federal Program: Tax The Rich, Then Ask Them To Invest In Government Programs

Posted: March 6, 2009 at 6:23 am

It is a devilishly clever plan. The federal government proposes to raise taxes on hedge funds and private equity firms. Once that it accomplished, the Administration wants these same firms ...
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A Solution For Troubled Newspapers And Magazines: Internet-Only Products

Posted: March 6, 2009 at 5:57 am

No printed Wall Street Journal. No printed New York Times, or Newsweek or The New Yorker. That possibility grows more by the day. Hearst, which said it would close it Seattle ...
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china4

No More Stimulus Money For China Growth

Posted: March 6, 2009 at 5:39 am

The Chinese government is hinting that it does not need to put any more money on the table to keep its economic growth levitation act going without any more magic. ...
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angrybear5

The Market Can’t Keep Going Down

Posted: March 6, 2009 at 5:10 am

One of the most frequent comments made by market experts and investors now that the indexes are reaching multi-decade lows is that the market can’t keep going down forever. It ...
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unemply

The Economics Of Hope

Posted: March 6, 2009 at 5:05 am

The economy is losing between 600,000 and 750,000 jobs every month by every measure that the government and analysts use. This rate of job losses may go on for a ...
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Media Digest 3/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 6, 2009 at 4:12 am

According to Reuters, Obama will start work on getting his healthcare plan passed. Reuters reports that February joblessness is estimated to rise 648,000 for February. Reuters reports that the pick ...
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jap1

Asia Markets And Europe Open 3/6/2009

Posted: March 6, 2009 at 3:26 am

Markets in Asia fell. The Nikkei dropped 3.5% to 7,173. The Hang Seng fell 1.8% to 11,980. The Shanghai Composite was down 1.4% to 2.193. At the open in Europe, ...
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AAPL Headlines Roundup: March 2-6

Posted: March 5, 2009 at 8:47 pm

Given the volume of Apple newsflow, we hope this end-of-week review helps. We’ve included important headlines and a few sleepers, aggregated from Apple Investor News: • Why is Apple ...
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DJIA: Don’t Reshuffle Index, Just Cease The Index (GE, MMM, AA, GM, C, BAC, AIG, HON, DIA, SPY)

Posted: March 5, 2009 at 4:42 pm

The Dow Jones industrial average, or DJIA, is perhaps the mostly widely recognized index in the world.  When people talk about "The Market" in cabs and in bars, and on ...
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