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Daily Archives: May 7, 2009

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Cramer’s #4 Speculative Tech Pick: ON Semiconductor (ONNN, TKLC, BRCD, CDNS)

Posted: May 7, 2009 at 6:04 pm

Jim Cramer came out with his fourth speculative technology stock pick on CNBC's MAD MONEY tonight.  His #4 pick for the basket is ON Semiconductor Corp. (NASDAQ: ONNN).  He said ...
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Stress Test Results, Bank by Bank (AXP, BBT, BAC, COF, C, FITB, GS, JPM, KEY, MET, MS, PNC, RF, STT, STI, USB, WFC)

Posted: May 7, 2009 at 4:59 pm

Finally, the stress tests are out for the US banking and financial institutions.  Of the banks, 10 of 19 banks need a combined $74 billion of equity.The good news is ...
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Consumer Credit Dries Up At Record Pace

Posted: May 7, 2009 at 2:17 pm

If you think that credit to consumers (and by consumers) was being cut, you will see was an understatement.  Consumer credit for the month of March was just released and ...
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E-Commerce’s Little Miracle

Posted: May 7, 2009 at 1:11 pm

While nearly every brick-and-mortar retailer in the country was fighting record drops in same-store sales, e-commerce held its own in the first quarter. Some categories actually showed sharp increases in ...
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April Unemployment Could Beat Expectations

Posted: May 7, 2009 at 11:02 am

There has been a steady trend in economic data, and that trend is a steady wave of "less-bad" data.  We are even starting to see hints of that in the ...
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GE (GE): Bringing Down The Costs Of Medical Equipment

Posted: May 7, 2009 at 11:00 am

GE (GE) announced a push to increase R&D in its medical division, bring down prices for many of the technologies it creates, and provide financing to the doctors and hospitals ...
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Kindle DX: Sleeper Agent for Amazon’s Future

Posted: May 7, 2009 at 10:22 am

The device itself isn’t very different than the old Kindle. But it explains where Amazon sees itself expanding. By Chadwick Matlin of The Big Money At first, they hyped it ...
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Despite No Growth, Has Vonage Finally Made It? (VG)

Posted: May 7, 2009 at 9:52 am

Vonage Holdings Corporation (NYSE: VG) is seeing a surge in shares this morning after the VoIP telephony company announced a quarterly profit.  Yep, a profit.  This was a $5 million ...
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Bernanke Outlines Future of Regulation, Sort Of

Posted: May 7, 2009 at 9:23 am

Fed Chairman Ben Bernanke has been speaking via satellite this morning since 9:30 AM EST before the Federal Reserve Bank of Chicago Conference on Bank Structure and Competition in Chicago.  ...
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Exxon Deal Pending on Sakhalin-1 Gas? (XOM)

Posted: May 7, 2009 at 8:19 am

Japan's Nikkei newspaper has reported that Exxon Mobil Corporation (NYSE:XOM) has reach an agreement to sell about 1.5 billion cubic meters/year of natural gas from the Sakhalin-1 project to Russia's ...
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A Refiner Wins Again (HOC, ATN, KEG, ATLS)

Posted: May 7, 2009 at 8:14 am

Holly Corporation (NYSE:HOC) this morning reported EPS of $0.44 on first quarter 2009 revenue of $650.8 million. Analysts had expected EPS of $0.30 on revenuesof $590.48 million. For the same ...
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Wal-Mart Wins, But Drops Monthly Reporting Entirely (WMT)

Posted: May 7, 2009 at 7:53 am

Wal-Mart Stores Inc. (NYSE: WMT) is up big this morning on a whopper of a same-store-sales figure for the month of April.  The world's largest retailer also noted that its ...
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SIRIUS XM Manages Gains & Raises Guidance (SIRI)

Posted: May 7, 2009 at 6:53 am

SIRIUS XM Radio (Nasdaq: SIRI) posted a pro forma revenue gain of 5% from last year of $605.5 and posted $108.8 million in pro forma adjusted income from operations (up ...
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GM’s (GM) Losses Go Global And Market Share Collapses

Posted: May 7, 2009 at 6:35 am

GM (GM) lost money in the last quarter, a total of $6 billion. That it only lost that much is a testament to its successful cost control work. The company's ...
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Top Analyst Downgrades (AMSC, T, MU, MS, RWT, SYMC, UBSI, VZ)

Posted: May 7, 2009 at 6:24 am

These are some of the top pre-market analyst downgrades and cautious research calls from Wall Street this Thursday morning: American Superconductor (AMSC) Cut to Hold at Deutsche Bank. AT&T (T) ...
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