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Daily Archives: May 7, 2009

Top Analyst Upgrades (BAC, CTRP, ENOC, FITB, RTP, THQI, USM)

Posted: May 7, 2009 at 6:16 am

These are some of the top pre-market analyst upgrades or positive research calls from Wall Street this Thursday morning: Bank of America (BAC) Raised to Outperform at Baird; Raised to ...
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Domestic & Global Rigs Counts Still Contracting, But Slower (BHI)

Posted: May 7, 2009 at 5:43 am

Baker Hughes Incorporated (NYSE: BHI) has announced its monthly rig counts for the month of April on the domestic and on a global basis.  The good news is that the ...
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Defensive Stocks Refuse To Participate In Rally (PEP, KO, TAP, KFT, CAG, CPB, HRL, MCD, MO, PG, CL, MRK, JNJ)

Posted: May 7, 2009 at 5:31 am

Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried.  But if the trend ...
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Trouble For Verizon (VZ) And AT&T (T): The Home Phone Is Disappearing Faster

Posted: May 7, 2009 at 5:30 am

Verizon (VZ) and AT&T (T) are in a race to see whether the growth in their cellular and broadband businesses can accelerate faster than their residential landline businesses are shrinking. ...
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Food Brands Lose Ground As The Consumer Seeks Value

Posted: May 7, 2009 at 5:15 am

If consumer spending on inexpensive items is supposed to be a foreshadowing of an improving economy, better days are still a long way off. Unilever, one of the largest consumer ...
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Nintendo: Is The Wii Losing Steam

Posted: May 7, 2009 at 5:03 am

Nintendo had near-record profits  for it most recently reported period, but they were not up to expectations because of  what analysts view as faltering sales of its flagship Wii game console. For ...
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What If The “Stress Test” Results Are Completely Wrong

Posted: May 7, 2009 at 4:47 am

The bank "stress tests" and their results have put the infallibility of the government on the line. If its judgment about the solvency of the large American banks is accurate, ...
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The Preposterous Flu Epidemic

Posted: May 7, 2009 at 4:13 am

The “swine flu” was supposed to bring global commerce to a halt, drive global GDP down by 5%, and cost the economies across the world as much as $3 trillion ...
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The Bank Stress Tests: The Curtain Comes Down On The Best Show Of The Year

Posted: May 7, 2009 at 3:52 am

The most exciting day of the financial year should have been today because the government releases the results of its multi-month bank “stress test” program which includes thorough vetting of ...
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Media Digest 5/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 7, 2009 at 3:00 am

According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings ...
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Asia Markets And Europe Open 5/7/2009

Posted: May 7, 2009 at 2:22 am

Markets in Asia rose. The Nikkei was up 4.6% to 9,386. The Hang Seng rose 1.2% to 17,030. The Shanghai Composite was up .2% to 2,597. At the open in ...
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