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Monthly Archives: April 2009

More Financial Regulations, More Financial Failures

Posted: April 9, 2009 at 9:03 am

By John Tamny of RealClearMarkets Back in 2000 and 2001, the first stage of the Internet era ran aground in an ugly way. From Webvan to theGlobe.com to eToys, investors ...
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Fuel Cells Get Nod in Connecticut (FCEL)

Posted: April 9, 2009 at 8:27 am

FuelCell Energy, Inc. (NASDAQ:FCEL) has received final approval from the Connecticut Department of Public Utility Control to build 9 plants that will together generate 27.3 megawatts of electricity. The state ...
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Some Good News in Alternative Energy (APWR, GE)

Posted: April 9, 2009 at 8:20 am

A-Power Energy Generation Systems, Ltd. (NASDAQ:APWR) is a Chinese maker of distributed power generation systems and, just recently, wind turbines. The company reported fourth quarter and full-year 2008 results before ...
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March’s Retail Winners (BKE, FRED, GYMB, HOTT, JCP, TJX)

Posted: April 9, 2009 at 8:13 am

We are still seeing overall weak trends in the retail sector.  This is no shock based upon the overall drop in the economy and the growing army of unemployed workers ...
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Now Almost 6 Million In Continuing Jobless Claims

Posted: April 9, 2009 at 7:39 am

The weekly jobless claims is still a dismal reading.  Thankfully, it was just a tad less dismal than before. The new drop came in at -20,000 from 674,000 to 654,000.  ...
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Direxion Financial & Financials Win On Wells Fargo (WFC, BAC, JPM, C, FAS)

Posted: April 9, 2009 at 7:19 am

Wells Fargo & Co. (NYSE: WFC) is going to be taking the bank stocks significantly higher, particularly the Direxion Financial Bull 3X Shares (NYSE: FAS).  The company is releasing earnings ...
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Easter Kills Wal-Mart (WMT), Stock Dives

Posted: April 9, 2009 at 7:13 am

Wal-Mart's (WMT) same-store sales were light, by a lot. For the four weeks of March, revenue was actually down 2% to $36.2 billion. International sales killed results by dropping 15% ...
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Early Bird Analyst Calls (BBBY, BBT, FHN, LCAPA, OIIM, RF, STI, UHS)

Posted: April 9, 2009 at 6:19 am

These are some of the early bird analyst upgrades and downgrades we have seen on Wall Street this Thursday morning ahead of the long weekend: Bed Bath & Beyond (NASDAQ: ...
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TARP Revisit: Were Life Insurers On the Brink? (MET, PRU, HIG, LNC, GNW, AIG)

Posted: April 9, 2009 at 5:08 am

There is one question that keeps making the rounds after the news of yesterday's TARP bailout money inclusion being offered to life insurers.  Are these really close to falling into ...
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No Auto Industry Recession In China (GM)(TM)(HMC)

Posted: April 9, 2009 at 4:56 am

If only US car companies could do all of their business in China. The economy there must be better than has been reported. In March, a record 1.1 million light ...
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Acer Heats Up PC Wars

Posted: April 9, 2009 at 4:43 am

Acer has decided that the way to get share from competitors and increase sales in a recession is to go down market and sell PCs at prices that will draw in ...
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Morgan Stanley (MS): Why Investors Don’t Understand Financial Stocks

Posted: April 9, 2009 at 4:29 am

The Wall Street Journal reports that Morgan Stanley (MS) lost money in the first quarter. The reason appears to be a perverse accounting rule, not unlike those that have plagued bank financial reporting ...
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Nintendo Strikes Back

Posted: April 9, 2009 at 4:05 am

Nintendo executives are almost certainly upset that the Sony (SNE) PlayStation outsold the company's Wii gaming system in Japan last month. The Wii has held a large margin in unit ...
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Having A Wake At The Car Show

Posted: April 9, 2009 at 3:53 am

The press is upset that the car companies will not put on their usual splendid displays at the New York International Auto Show. There will not be a big collection ...
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The Lost Decade May Only Last Three Months

Posted: April 9, 2009 at 3:44 am

Depending on the source, Japan’s mythic “Lost Decade” lasted from 1989 to 2003, or sometime later if the exact bottom of the real estate market in the Asian nation is ...
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