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Monthly Archives: May 2009

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Antitrust: Intel (INTC), The Next Microsoft (MSFT)

Posted: May 10, 2009 at 12:41 pm

The Financial Times is reporting that EU antitrust authorities are preparing to levy a huge fine against the world's largest chip company, Intel (INTC). The paper writes that "Some lawyers ...
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Poor Bets in Oil & Derivatives, Rethinking the Buffett Game (BRK-A, BRK-B, COP, WFC, DOW)

Posted: May 9, 2009 at 10:14 am

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) may have had the wind behind its back from its annual shareholder meeting, but that wind now may be  breaking wind.  This was ...
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Is Google Really Worth $600? (GOOG)

Posted: May 8, 2009 at 2:11 pm

You know the market sentiment and the bull/bear tone has changed when you see research targets get this high.  Google Inc. (NASDAQ: GOOG) is trading up over 3% today on ...
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Economics of U.S. Postage Stamp Price Hikes (FDX, UPS)

Posted: May 8, 2009 at 1:36 pm

Both FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) are likely watching government competition for next week.  Starting on Monday, the price of most traditional mail will ...
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Baker Hughes Files New $2 Billion Shelf Registration (BHI)

Posted: May 8, 2009 at 11:18 am

Baker Hughes Inc. (NYSE: BHI) has just filed a new shelf registration statement with the SEC  to sell up to $2 billion in mixed securities.  As with most shelf registrations, ...
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Williams, Other Services Companies in Venezuela’s Sights (WMB, HAL, SLB, BJS, BHI)

Posted: May 8, 2009 at 9:55 am

The Venezuelan government passed a law permitting the nationalization of oil field services companies, compensating companies for expropriating assets by issuing bonds instead of paying with cash. The law could ...
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Car Sick

Posted: May 8, 2009 at 9:21 am

Cash-for-clunkers deals will boost sales. And mindless manufacturing. By Matthew DeBord of The Big Money After some legislative back-and-forth, it looks as if America will finally get a "cash for ...
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Dendreon Takes In More Than $200 Million in New Cash (DNDN)

Posted: May 8, 2009 at 8:32 am

Dendreon Corporation (NASDAQ: DNDN) is selling stock to raise cash.  The company has announced a spot secondary offering of 10.7 million shares in a public secondary offering of common stock.  ...
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E*TRADE Raising $150 Million in Capital (ETFC)

Posted: May 8, 2009 at 8:08 am

E*TRADE Financial Corporation (NASDAQ: ETFC) has just filed with the SEC to sell up to $150 million worth of common stock.  J.P.Morgan was listed as the distribution agent, and shares ...
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Is Energy Conversion Devices Finally a Buy? (ENER, FSLR, TAN)

Posted: May 8, 2009 at 7:53 am

The solar power business has had its ups and downs, with the downs prevailing lately.  Even meeting the modest EPS expectation of $0.09 for the current quarter might be challenging ...
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When 8.9% Unemployment Starts Sounding Good

Posted: May 8, 2009 at 7:32 am

The Labor Department has posted the unemployment rate and nonfarm payrolls data from April.  The official government unemployment rate was 8.9%, up from 8.5% in March.  The change in nonfarm ...
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More Green Sprouts Grow In Hamburger: McDonald’s Sales

Posted: May 8, 2009 at 7:20 am

McDonald's (MCD) added to the list of pleasant surprises from April economic activity. The world's largest fast food company's global comparable sales rose 6.9% in April, marking the 72nd consecutive ...
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Growing Natural Gas Fuel Station Footprint (CLNE, EXH)

Posted: May 8, 2009 at 7:05 am

Clean Energy Fuels Corp. (Nasdaq: CLNE) is adding more natural gas fueling stations.  The Pickens-backed business is acquiring the natural gas fueling station business of Exterran Holdings, Inc. (NYSE: EXH), ...
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Top Analyst Downgrades (EGLE, IHG, NE, PHG)

Posted: May 8, 2009 at 6:04 am

These are the top pre-market analyst downgrades we have seen early this Friday morning with more than two and a half hours until the open: Eagle Bulk Shipping, Inc. (EGLE) ...
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Top Analyst Upgrades (COST, DEO, ESC, HD, LOW, TGT, VRSN, WMT)

Posted: May 8, 2009 at 6:01 am

These are some of the top pre-market analyst upgrades we have seen with about two and a half hours until the market opens this Friday morning: Costco Wholesale Corp. (COST) ...
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