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Monthly Archives: April 2009

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The Land Mine On Bank Balance Sheets

Posted: April 23, 2009 at 4:13 am

When General Growth, the big mall owner, declared bankruptcy last week, experts speculated that large banks were about to face another string of losses from commercial real estate. Bank stocks ...
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Apple (AAPL): Why Brands Matter

Posted: April 23, 2009 at 4:03 am

As the executives at Apple (AAPL) were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. ...
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Media Digest 4/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 23, 2009 at 3:05 am

According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what ...
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Asia Markets And Europe Open 4/23/2009

Posted: April 23, 2009 at 2:23 am

Markets in Asia were mostly higher. The Nikkei was up 1.4% to 8,847. The Hang Seng was 1.5% to 15,094. The Shanghai Composite rose .1% to 2,464. At the open ...
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Apple (AAPL): The iPhone Saves The Day

Posted: April 22, 2009 at 3:48 pm

Apple (AAPL) posted financial results for its fiscal 2009 second quarter ended March 28, 2009. Revenue was $8.16 billion and  net quarterly profit was $1.21 billion, or $1.33 per share. These results ...
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eBay Lackluster, But Not Too Pessimistic (EBAY)

Posted: April 22, 2009 at 3:27 pm

eBay Inc. (NASDAQ: EBAY) has just posted its first quarter earnings.  The online auction giant reported a non-GAAP earnings of $0.39 EPS and $2.02 billion in revenue.  Thomson Reuters had ...
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VMware Proves Virtualization Not Recession-Proof (VMW, EMC)

Posted: April 22, 2009 at 3:14 pm

VMware Inc. (NYSE: VMW) has just posted its first quarter earnings.  The true leader in the emerging field of virtualization reported a non-GAAP earnings of $0.25 EPS and $470.3 in ...
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24/7 Wall St. – Stocktwits Market Trends: After earnings, which direction does Apple go? (AAPL, T)

Posted: April 22, 2009 at 2:05 pm

In the midst of this earnings season, all eyes are on Apple which reports today after the market close. There are a number of resident Apple experts on StockTwits, many ...
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Banks Commit $337 Million To Utah Wind Power Project (RBS, STD, KEY, CS, GE)

Posted: April 22, 2009 at 1:59 pm

An independent wind energy developer called First Wind announced today that it has obtained $376 million in financing for its wind generation project in Milford, Utah.  This is for a ...
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Overstock’s Earnings Still Under ‘The O’ (OSTK)

Posted: April 22, 2009 at 1:18 pm

Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings.  The online 'overstock' retailer, or "The O," has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 ...
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IMF Sets Meager Global Output Targets For 2009 & 2010

Posted: April 22, 2009 at 12:57 pm

The International Monetary Fund is out with yet another gloomy projection today.  We had already seen the reports of another $4.1 trillion in writedowns being needed, but this morning the ...
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Obama Wants Saturn for Earth

Posted: April 22, 2009 at 12:28 pm

By Matthew DeBord of The Big Money The Big Money's Chadwick Matlin and I were trading email a few days ago about Obama and Saturn. He made an excellent point: that ...
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GM (GM) Won’t Make $1 Billion Debt Payment On June 1, Shares Trade Flat

Posted: April 22, 2009 at 12:06 pm

Missing a $1 billion debt payment should be bad news. According to The Wall Street Journal, GM's (GM) CFO said it would not meet its obligation on June 1. In ...
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Deciphering Apple & Microsoft Earnings Expectations (AAPL, MSFT)

Posted: April 22, 2009 at 11:32 am

Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close of trading today, and Microsoft Corporation (NASDAQ: MSFT) is set to report earnings after the market close tomorrow.  ...
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Oil ETF’s Hit As Crude Inventory Keep Rising (USO, OIH)

Posted: April 22, 2009 at 9:45 am

The Department of Energy released its weekly oil inventory data and again we saw another build-up of black gold.  This increase has started to hit the United States Oil (USO) ...
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