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Daily Archives: May 21, 2009

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Cramer Outlines The Obama Target List (COF, ACI, MEE, X, SO)

Posted: May 21, 2009 at 5:17 pm

Tonight on CNBC's MAD MONEY, Jim Cramer came out with several sectors that he thinks that President Obama will be trying to change, and noted Nancy Pelosi is in the ...
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Only One Man Can Replace Liddy At AIG (AIG)

Posted: May 21, 2009 at 3:27 pm

American International Group, Inc. (NYSE: AIG) has announced that Chairman and CEO Ed Liddy will be stepping down.  He is actually waiting for the board of directors to conclude a ...
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Gap’s Old Navy Carnage May Be Finally Abating (GPS)

Posted: May 21, 2009 at 3:12 pm

Gap Inc. (NYSE: GPS) may be seeing some cheer despite another round of lower earnings and revenues.  The clothing and apparel retailer posted earnings of $0.31 EPS, or $215 million.  ...
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Did Bill Gross Short Sell Stocks & Bonds Via U.S. “AAA” Rating Comments?

Posted: May 21, 2009 at 2:07 pm

The S&P Credit rating change of "negative" from "Stable" for  The United Kingdom may not matter to most Americans, but the implications are there for the United States.  England losing ...
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For Some Stimulus Contractors, a Blemished Past

Posted: May 21, 2009 at 10:04 am

by Michael Grabell and David Epstein, ProPublica One company paid nearly $1 million for destroying seagrass in the Florida Keys marine sanctuary. Another settled a discrimination case after federal investigators ...
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OpenTable Strength Clears Way For More IPO’s (OPEN)

Posted: May 21, 2009 at 9:58 am

OpenTable, Inc. (NASDAQ: OPEN) has just opened around $25.00 on its initial public offering.  The online restaurant reservations system priced its 3 million share IPO at $20.00 per share, which ...
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LDK Disclosing More Write-downs and Provisions (LDK)

Posted: May 21, 2009 at 9:28 am

LDK Solar Co.Ltd. (NYSE: LDK) has announced plans to file its 2008 report with the SEC tomorrow.  As many have become used to with LDK, there is some negative news ...
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Tessera Tech Gets on the Map (TSRA, QCOM, MOT, AMD)

Posted: May 21, 2009 at 8:59 am

Tessera Technologies, Inc. (NASDAQ: TSRA) is not one of the most common names in the land of chip stocks, but that may be about to change as it won a ...
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NetApp Averts Possible Takeover For Now By Acquiring Data Domain (NTAP, DDUP)

Posted: May 21, 2009 at 8:05 am

NetApp, Inc. (NASDAQ: NTAP) has long been considered a potential takeover target by many traders and investors.  Yet this morning the company announced that it was a making a play ...
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Changes May Come to Rio Tinto’s Chinalco Deal (RTP, BHP)

Posted: May 21, 2009 at 7:46 am

The deal between China's government-owned aluminum company, Chinalco, and Rio Tinto plc (NYSE: RTP), in which Rio gets $19.5 billion and Chinalco gets a larger stake in Rio may be ...
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Jobs Data Continues Bataan March Toward 10% Unemployment

Posted: May 21, 2009 at 7:37 am

The Labor Department has released some mixed data on weekly jobless claims.  The figures show a level of 631,000.  This sounds better on the surface as Bloomberg had estimates pegged ...
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Suntech Power Raising Cash After Earnings (STP)

Posted: May 21, 2009 at 7:28 am

Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing shares take a hit this morning after the solar player filed to raise capital afterissuing earnings.  The company's profit slid to ...
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Top Analyst Upgrades (CSIQ, EXPE, FCX, JNPR, K, LNC, OWW, TLEO, THS)

Posted: May 21, 2009 at 6:42 am

These are some of the top analyst upgrades and positive research calls which we have seen from Wall Street early this Thursday morning: Canadian Solar (CSIQ) Raised to Outperform at ...
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The Trend Toward US Businesses Offering $1 Products Accelerates

Posted: May 21, 2009 at 5:29 am

It has begun to dawn on more and more large companies that high-priced goods are costing them sales during the recession. Maybe the only way for them to hold onto ...
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The China Miracle May Be About To Stall

Posted: May 21, 2009 at 5:18 am

The recovery of the Chinese economy always sounded too good to be true. Granted, the central government put $585 billion into helping bolster GDP. But, exports and manufacturing cannot do ...
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