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Monthly Archives: April 2009

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Government Tries To Hold A Gun To The Head Of GM (GM) Creditors

Posted: April 10, 2009 at 5:14 am

The Treasury is using all of its muscle in The Motor City. Bondholders in GM (GM) and Chrysler think they may do better if the companies go bankrupt than if ...
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Banks, With Goldman Sachs (GS) Out Front, Get Ready To Raise Cash

Posted: April 10, 2009 at 4:58 am

The market capitalization of some big banks has doubled in a month. All of them will have "stress test" results from the government within a few weeks. Those that get ...
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Government Wants Bank “Stress Test” Results To Be Secret

Posted: April 10, 2009 at 4:45 am

The Federal Reserve keeps saying that many of its dealings with the financial industry must remain secret. Congress keeps insisting that no such secrets should be kept from the taxpayers who are funding ...
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Swearing Off The Habit Of Flying: Boeing (BA) Proves A Poorly Run Company Can Still Do Badly

Posted: April 10, 2009 at 4:09 am

Many people who fly on airplanes do not like it one bit.  Some of these are claustrophobic while others object to the fact that they are not allowed to smoke ...
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More Quickly Than It Began, The Great Banking Crisis Is Over

Posted: April 10, 2009 at 3:58 am

Investors find it disconcerting to see the stocks in the huge financial institutions that are at the foundation of the global capital system trading up and down 25% a day, ...
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Shorts, Back In Financials, Probably Got Buried. Cut Bets On Tech

Posted: April 10, 2009 at 3:02 am

Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that ...
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Media Digest 4/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 10, 2009 at 2:42 am

According to Reuters, banks have been asked to keep the results of the "stress tests" of their financial conditions confidential. Reuters reports that the Fed says its current plan is ...
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Asia Markets 4/10/2009

Posted: April 10, 2009 at 2:17 am

Markets in Asia were higher. The Nikkei was up .5% to 8,964. The Hang Seng was closed. The Shanghai Composite was up 2.7% to 2,444. Data from Reuters. Douglas A. McIntyre ...
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Rig Counts vs. Oil Prices: Equilibrium Is Near (BHI)

Posted: April 9, 2009 at 2:37 pm

Baker Hughes (NYSE: BHI) has released its weekly rig count. The overall count between the U.S. and Canada did post another drop despite the notion that oil prices have risen ...
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GE (GE) Adds $10 Billion In Market Cap On Earnings Optimism

Posted: April 9, 2009 at 1:42 pm

GE (GE) is surging based on the assumption that results from Wells Fargo (WFC) are an indication that earnings from the conglomerate's financial services business will be relatively strong. The ...
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Will Q2 Be Better For Consumer Electronics Or Just Apple (AAPL)

Posted: April 9, 2009 at 12:57 pm

Apple (AAPL) is up today, but so is almost everything else. The company is getting special attention from investors because Credit Suisse  upgraded its view of the firm's prospects for ...
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The Slow Death of the VIX

Posted: April 9, 2009 at 10:13 am

The CBOE Volatility Index, or the VIX or the 'fear index,' has been rolling over and dying because of the rally we have seen over the last five-week period.  The ...
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Something Else To Blame on AIG!

Posted: April 9, 2009 at 10:00 am

The government is now insuring insurers. Guess who's at the center of the drama. By Chadwick Matlin of The Big Money In honor of spring cleaning, it's worth taking inventory ...
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Equity One Joins REITs In Raising Cash (EQY)

Posted: April 9, 2009 at 9:17 am

Equity One, Inc. (NYSE:EQY) joined the ranks of REITs wanting to raise cash to pay down debt.  The REIT priced 6.5 million shares of common stock at $14.30 per share.  ...
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Bill Ackman’s Target (TGT) Fund Rose 48% Last Month

Posted: April 9, 2009 at 9:05 am

Bill Ackman's Pershing Square's fund that invests solely in Target (NYSE: TGT) saw its value gain 48% in March. For the month of March, Target saw its shares rise by ...
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