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Monthly Archives: March 2009

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Asia Markets And Europe Open 3/30/2009

Posted: March 30, 2009 at 2:22 am

Markets in Asia fell sharply. The Nikkei was off 4.6% to 7,236. The Hang Seng fell 4.1% to 13,538. The Shanghai Composite was off .7% to 2,358. At the open in ...
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GM’s Rick Wagoner Takes One For The Team

Posted: March 29, 2009 at 5:16 pm

It may be that GM's (GM) Rick Wagoner was associated too much with the car company's failures. To get the concessions necessary to restructure GM, the UAW or the creditors ...
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Will The World’s Hedge Funds Move Off-Shore?

Posted: March 29, 2009 at 6:30 am

What will hedge funds do if large governments start to regulate their activities, tax them at higher rates, and make them disclose their holdings? Places like New York City, Greenwich, ...
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Is a Hedge Fund ETF For You? (QAI, EEM, AGG)

Posted: March 28, 2009 at 8:36 am

No one has refrained from saying that there is beginning to be an ETF for almost every index or every strategy out there.  Now there is a hedge fund ETF.  ...
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Is IBM (IBM) Deal To Buy Sun (JAVA) In Trouble?

Posted: March 28, 2009 at 6:08 am

Inevitably, when a corporate buyout is announced or rumored, the target company's stock prices trades up to the level of the value of the deal. Last week, there was news ...
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52-Week Low Club (ADG, BTI, ESRX, MAC, INDM)

Posted: March 27, 2009 at 3:06 pm

The rally has been large enough that even with a sell-off of this magnitude we saw very few stocks on 52-week lows.  Here are the ones hitting new 52-week lows ...
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Bankers Try To Make Up With The Administration (JPM, MS, GS, BAC)

Posted: March 27, 2009 at 1:11 pm

Today was a critical day for the banking sector.  The country's top banking chiefs met with President Obama over the recent discrepancies in TARP fund ramifications, paying back the TARP, ...
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Fewer & Fewer Rigs, More Foreign Oil Dependence (BHI, OIL, USO)

Posted: March 27, 2009 at 12:30 pm

It appears that oil stability and a large percentage rise off of lows is not enough for drillers.  Baker Hughes Inc. (NYSE: BHI) released its weekly total rig counts for ...
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FriendFinder Still Pursuing IPO

Posted: March 27, 2009 at 11:45 am

FriendFinder Networks, Inc. is still in the hunt for an initial public offering.  This is not a run-of-the-mill IPO, as FriendFinder is the parent company of AdultFriendFinder, a site for ...
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Why Dell (DELL) Is Toast

Posted: March 27, 2009 at 11:15 am

Dell (DELL) has a problem, or a series of problems. Its share of the PC and server businesses is under pressure from IBM (IBM), HP (HPQ), IBM (IBM), Sun (JAVA), ...
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Sky Driving: Why you could soon own a flying car.

Posted: March 27, 2009 at 9:43 am

By Matthew DeBord of The Big Money What a difference getting airborne makes. Until this month, flying cars were the stuff of Blade Runner, postmillennial defeatist humor about how far ...
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Fertilizer Merger Getting Richer (AGU, CF, TRA)

Posted: March 27, 2009 at 9:37 am

We've been watching the fertilizer industry's merger triangle of Agrium Inc. (NYSE: AGU), CF Industries Holdings, Inc. (NYSE: CF), and Terra Industries, Inc. (NYSE: TRA) for a while now. In ...
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NRG Throws Debt Scare at Exelon (NRG, EXC, RRI)

Posted: March 27, 2009 at 9:26 am

NRG Energy, Inc. (NYSE:NRG) has sent a letter to Exelon Corporation (NYSE:EXC) calling on Exelon to withdraw is proposal to expand NRG's board and to "pack" the board with Exelon ...
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Conoco, When An Upgrade Isn’t An Upgrade (COP, GS, BRK-A)

Posted: March 27, 2009 at 8:53 am

ConocoPhillips Corporation (NYSE:COP) got a mixed blessing from Goldman Sachs Group Inc. (NYSE:GS) this morning. The bank raised its rating on Conoco from 'Neutral' to 'Buy' based on Conoco's valuation.  ...
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Piper Jaffray Initiates Coverage on Genzyme (GENZ) with a Buy; Attractive Entry Point

Posted: March 27, 2009 at 8:20 am

Piper Jaffray & Co. initiates coverage on Genzyme (Nasdaq: GENZ) with a Buy rating and $86 price target, citing steady growth with highly achievable catalysts. Piper analyst says, "We believe ...
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