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Monthly Archives: March 2009

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Apple Stays After High-End Computing (AAPL)

Posted: March 3, 2009 at 9:06 am

Apple Inc. (NASDAQ: AAPL)  is introducing new Mac Pro models t oday including a 24-inch Mac Pro that is priced "more affordable than ever" and a Mac with powerful new ...
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Biotech Trader Alerts (DNDN, DNA, GENZ, PDLI)

Posted: March 3, 2009 at 8:51 am

We are seeing unusual trading activity so far this morning in shares of Dendreon Corp. (NASDAQ: DNDN), Genentech, Inc. (NYSE: DNA), Genzyme Corp. (NASDAQ: GENZ), and PDL BioPharma, Inc. (Nasdaq: ...
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Top Analyst Downgrades (BP, CS, DHI, GENZ, PDC, UBS)

Posted: March 3, 2009 at 7:28 am

These are some of the top analyst downgrades or cautious analyst calls we have seen from Wall Street this Tuesday morning: BP (BP) Cut to Market Perform at Bernstein. Credit ...
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Top Analyst Upgrades (DWA, EBAY, ENR, LSI, MEDX, PZZA)

Posted: March 3, 2009 at 7:24 am

These are some of the few analyst upgrades and positive calls we have seen from Wall Street this Tuesday morning with over two hours to the open: DreamWorks Animation SKG ...
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Will The Current Quarter Be The Worst?

Posted: March 3, 2009 at 6:38 am

The IMF said that this year will be bad, but it is being accused of being too optimistic. According to Reuters, "The global economic downturn will be considerably deeper than even ...
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Even Toyota (TM) Needs A Loan

Posted: March 3, 2009 at 6:24 am

It was never supposed to come to this. The global recession has hurt car companies with weak balance sheets such as GM (GM) and Nissan and forced them to turn to ...
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Apple (AAPL): Can The Mac Make It Overseas?

Posted: March 3, 2009 at 6:12 am

As PC sales begin to contract in the US, Apple (AAPL) is hoping to pick up sales overseas. If the new Gartner research on global PC sales is right, the ...
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Six Signs The Recession Is Ending

Posted: March 3, 2009 at 5:58 am

A number of economists predict that the recession could last into 2010 and unemployment will top 10%. If the crisis does not deepen into an even longer downturn, there will ...
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The Financial Crisis: The World At War

Posted: March 3, 2009 at 5:34 am

If it was not clear two weeks ago or even last week, the destruction of the economic and business sectors of the world is no longer inchoate. The speed of ...
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When Citigroup (C) Becomes A Penny Stock

Posted: March 3, 2009 at 5:29 am

Two years ago, Citigroup shares traded for $55.  Last week, after the government said it might own as much as 36% of the company, the stock dropped to $1.40.  Citigroup ...
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How Far Off Is The Revenue Projection In The Budget?

Posted: March 3, 2009 at 5:24 am

A fine way to hold onto your job and move up in the world is to hold true the maxim of “under promise, over deliver.”  When President Obama runs for reelection, ...
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Media Digest 3/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 3, 2009 at 4:05 am

According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering ...
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Asia Markets And Europe Open 3/3/2009

Posted: March 3, 2009 at 3:23 am

Markets in Asia were lower. The Nikkei fell .7% to 7,230. The Hang Seng dropped 2.1% to 12,062. THe Shanghai Composte fell 1.1% to 2,071. In Europe at the open, ...
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Bears still in charge as oil plunges to $40

Posted: March 2, 2009 at 7:03 pm

By Joseph Lazzaro for DailyFinance.com So much for that nascent oil rally. In this oil market, the bears rule. True, the bulls have their moments, but these are fleeting, like ...
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Altera: Less Bad May Actually Be Good Enough (ALTR)

Posted: March 2, 2009 at 4:56 pm

Altera Corporation (NASDAQ: ALTR) issued a mid-quarter update after the close of trading today.  What is interesting is that things might not be quite as bad as the company rxoected  ...
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