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Monthly Archives: May 2009

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Are Goldman Sachs & Morgan Stanley Worth 50% More? (GS, MS)

Posted: May 12, 2009 at 12:21 pm

Research analysts often make timely calls, and sometimes they make rash calls.  If Dick Bove of Rochdale is accurate, then both the Goldman Sachs Group Inc. (NYSE: GS) and Morgan ...
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A Movement For Even More Ethanol Use

Posted: May 12, 2009 at 12:06 pm

The US Environmental Protection Agency has proposed increasing the maximum amount of ethanol blended in gasoline from 10% (E10) to 15% (E15). An ethanol industry group called Growth Energy and ...
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FDA Attacks Cheerios Over Claims as a Drug (GIS)

Posted: May 12, 2009 at 9:54 am

General Mills, Inc. (NYSE: GIS) maybe facing the same types of battles many supplement and diet product companies have seen  with the FDA over advertising claims.  The good news is ...
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GM Insider Sales Put Stock Into 1930′s Levels (GM)

Posted: May 12, 2009 at 9:27 am

Forget about 52-week lows.  General Motors Corp. (NYSE: GM) is trading at what looks to be the lowest levels since April or May of 1933.  There has not been fresh ...
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Pacific Ethanol, Another Ethanol Play Near Bankruptcy (PEIX)

Posted: May 12, 2009 at 9:03 am

Pacific Ethanol Inc. (PEIX) is still alive.  That is more than many ethanol companies can say.  The question is how long it can manage to survive.  After the open this ...
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Geothermal Could Be on the Way Up, along with Hybrid Hummers (RZ, ORA, HTM)

Posted: May 12, 2009 at 8:47 am

Raser Technologies, Inc. (NYSE:RZ) reported no revenue for the first quarter of 2009. But it also reported no cost of sales. The company's total loss was $6.67 million, EPS of ...
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As Oil Prices Get Ugly, Trade Deficit Grows

Posted: May 12, 2009 at 8:38 am

The US trade deficit rose in March, and the price of oil was a significant contributor. Since oil is up substantially since then, figures for April and May should be ...
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Zoltek Stumbles As Prospects Remain (ZOLT)

Posted: May 12, 2009 at 8:27 am

Zoltek Companies, Inc. (NASDAQ: ZOLT) posted some disappointing numbers last night and it is being reflected in the shares this morning.  So much for wind power staying up there as ...
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Coal Fields Merger Creates Big Player (ANR, FCL, CLF, KOL)

Posted: May 12, 2009 at 7:46 am

Today's announcement of a merger between Alpha Natural Resources, Inc. (NYSE: ANR) and Foundation Coal Holdings, Inc. (NYSE: FCL) creates the third-largest coal producer in the US. The all-stock deal ...
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The Mythology Surrounding the Corporate Tax Rate

Posted: May 12, 2009 at 7:14 am

By John Tamny of RealClearMoney While there's seemingly a bipartisan view that the U.S. corporate tax rate should be lowered, the mythology about this same levy is impressive even by ...
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Top Analyst Downgrades (AXP, BKE, CIEN, ENER, IP, LINTA, RBS, STO, TSM, TIN, VSAT)

Posted: May 12, 2009 at 6:39 am

These are some of the top analyst downgrades and cautious research calls we have seen from Wall Street early this Tuesday morning: American Express (AXP) Started as Underperform at RBC. ...
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Top Anlayst Upgrades (CAH, CENT, CHS, GPS, HELE, PFG, STEC, TJX)

Posted: May 12, 2009 at 6:33 am

These are some of the top pre-market analyst comments and analyst upgrades from Wall Street early this Tuesday morning: Cardinal Health (CAH) Started as Buy at Jefferies. Central Garden (CENT) ...
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Software Piracy Issues Remain Unresolved

Posted: May 12, 2009 at 5:20 am

It remains true that without global IP theft laws which apply equally in all countries the piracy of software and premium entertainment content will never end. The fact was brought ...
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The Argument Over China’s Prospects Intensifies

Posted: May 12, 2009 at 5:02 am

The Wall Street Journal has raised the issue of whether the Chinese consumer can replace the US consumer as the most important engine of the global economy. The answer is ...
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As Bank Of America (BAC) Sells CCB Stake, Question Of Dismantling Become More Important

Posted: May 12, 2009 at 4:39 am

Bank of America (BAC) is selling part of its stake in China Construction Bank for $7.3 billion. That will help the US institution to raise capital it needs to fill the ...
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