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Daily Archives: April 16, 2009

Whatever GDP’s Path, Don’t Expect a Bull Recovery

Posted: April 16, 2009 at 7:18 am

By John Tamny of RealClearMarkets A recent survey of economists in the Wall Street Journal pointed to economic recovery beginning in September. The problem here is that true economic growth ...
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Starbucks Catching Another Downgrade (SBUX)

Posted: April 16, 2009 at 7:11 am

Shares of Starbucks Corp. (NASDAQ: SBUX) are getting hit by an analyst downgrade this morning.  If it sounds like a repeat call mistaken for yesterday's downgrade, it isn't.  Not really.  ...
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Earlybird Analyst Upgrades & Downgrades (AEP, CME, FNFG, KFT, LSTR, RGLD, SD, SBUX, TRI)

Posted: April 16, 2009 at 6:14 am

We still have well over two-hours until the opening bell this Thursday morning.  So far we have seen many select upgrades and downgrades from Wall Street analysts.  Here is what ...
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JPMorgan Chase Shows How It’s Done (JPM, FAS)

Posted: April 16, 2009 at 5:51 am

JPMorgan Chase & Co. (NYSE: JPM) rose about 7% yesterday ahead of this morning's earnings announcement along with other major financial stocks, and now we know why.  Jamie Dimon and ...
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Nokia (NOK) Sales Crater, Handset Industries Shudders

Posted: April 16, 2009 at 5:36 am

It won't be a nice day to go to work at Motorola (MOT), Samsung, or Sony Ericsson. Their larger competitor, Nokia (NOK) said it sold 19% fewer phones in the ...
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Rosetta Stone IPO Has Arrived, And Then Some (RST)

Posted: April 16, 2009 at 5:21 am

Rosetta Stone Inc. (NYSE: RST) has priced its initial public offering of 6.25 million shares of common stock at $18.00 per share.  Of the offering, Rosetta Stone is selling 3.125 ...
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Bottom For Real Estate Far Away As Foreclosures Rise

Posted: April 16, 2009 at 5:16 am

The foreclosure rates on homes in the US is still rising sharply, which is bad news for banks and almost anyone trying to sell a house. It could also totally undermine ...
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bear24

General Growth And Another Burden For Bank Stocks

Posted: April 16, 2009 at 5:06 am

General Growth (GGP), the big mall owner, filed for bankruptcy, as many experts thought it would. The company has $27 billion in debt and, with real estate prices depressed, it ...
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Looking For The “Real” Investor

Posted: April 16, 2009 at 4:40 am

The head of The New York Stock Exchange is questioning the viability of the tremendous March market rally. He contends "real" investors were not in the thick of the trading. ...
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Media Digest 4/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 16, 2009 at 2:56 am

According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that ...
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Asia Markets And Europe Open 4/16/2009

Posted: April 16, 2009 at 2:23 am

Markets in Asia were mixed. The Nikkei rose 2.9% to 8,996. The Hang Seng was down .3% to 15,619. The Shanghai Composite was down 1.1% to 2,507. At the open ...
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Dell (DELL) Falls Further And Further Behind

Posted: April 16, 2009 at 2:16 am

Dell (DELL) has done a modest amount of what it could do to keep pace with its PC competition. It recently launched a high-end laptop, the Adamo, which mimics the ...
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bear23

Trouble In China As GDP Slows

Posted: April 16, 2009 at 1:42 am

The central government put on a brave face and hinted that GDP in China's first quarter might be a bottom, but a look at the role that exports played in ...
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