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Daily Archives: May 4, 2009

bear5

Taxing Offshore Operations A Huge Blow To US Multinationals

Posted: May 4, 2009 at 5:28 am

The US Treasury needs money to offset growing deficits and the Administration plans to get that capital by whatever means are necessary. According to The Wall Street Journal, the new ...
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blue-hills1

Wal-Mart’s (WMT) Drug Addiction Is Trouble For Rivals

Posted: May 4, 2009 at 5:18 am

Wal-Mart (WMT) plans a significant expansion of its programs to bring inexpensive prescription drugs to its customers which will almost certainly damage margins as its competitors. According to The Wall Street ...
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water-lilies

China Manufacturing Back In Gear But Is Global Deman Sustainable?

Posted: May 4, 2009 at 5:03 am

China's manufacturing sector showed a remarkable rebound in March. The closely followed CLSA China Manufacturing PMI moved to 50.1 from 44.8.  The gain is the first in nine months. The question ...
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winter

Fiat Works To Become The Next GM (GM)

Posted: May 4, 2009 at 4:47 am

When GM (GM) was by far the largest car company in the world at the beginning of the decade it had vast operations in the US, Europe, Asia, and Latin ...
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sunset3

The Economies Of Asia Form An Alliance That The West Cannot

Posted: May 4, 2009 at 4:25 am

The US, UK, and a number of the large countries that make up the EU began to form political and military and alliances after WWII and these expanded as the ...
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bear4

Chrysler Makes A GM (GM) Bankruptcy Harder

Posted: May 4, 2009 at 3:52 am

The Chrysler bankruptcy makes a bankruptcy at GM harder because the American consumer may only be able to deal with the Chapter 11 of one of its auto companies, particularly ...
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newspaper6

Media Digest 4/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 4, 2009 at 3:08 am

According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank "stress tests." ...
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sunset2

Asia Markets Rally, Europe Open 5/4/2009

Posted: May 4, 2009 at 2:31 am

Markets in Asia rallied and Japan was closed for a holiday. The Hang Seng was up 4.8% to 16,290. The Shanghai Composite was up 3.2% to 2,560. In Europe, UK ...
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