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Monthly Archives: May 2009

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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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Ten Women Who Should Be Big Company CEOs

Posted: May 6, 2009 at 8:46 pm

Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial ...
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Cramer Calls Cadence Design His #3 Speculative Tech Stock (CDNS, TKLC, BRCD)

Posted: May 6, 2009 at 5:39 pm

Jim Cramer continued adding to his basket of speculative technology stocks on tonight's MAD MONEY on CNBC.  His #3 speculative stock pick was Cadence Design Systems Inc. (NASDAQ: CDNS), a ...
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Cisco Conference Call Notes (CSCO)

Posted: May 6, 2009 at 5:12 pm

Cisco Systems, Inc. (NASDAQ: CSCO) traded higher after its earnings came in not as light as analysts were expecting.  What we wanted to capture was a feel for the overall ...
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Cautious Optimism at Cisco (CSCO)

Posted: May 6, 2009 at 3:24 pm

Cisco Systems (NASDAQ: CSCO) is out with its third quarter earnings report.  The networking and communications equipment leader posted earnings of $0.30 in non-GAAP EPS and $8.2 billion in revenue.  ...
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WisdomTree Launches Emerging Currency ETF (CEW, WSDT)

Posted: May 6, 2009 at 3:00 pm

There was a new ETF launch today on the NYSE Euronext.  The WisdomTree Dreyfus Emerging Currency Fund (NYSE: CEW) marks the 50th ETF listed by WisdomTree on NYSE Arca.  The ...
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OpenTable Sets IPO Terms (OPEN)

Posted: May 6, 2009 at 2:24 pm

OpenTable, Inc. has set its initial public offering terms.  When this one filed to come public, there were some who thought it might not make it to market.  If today's ...
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Bank “Stress Test” Tab Almost $60 Billion (C)(WFC)(BAC)

Posted: May 6, 2009 at 12:43 pm

As more information hits the press about the amount of money the government will say big banks will need due to the results of "stress tests", it is already clear ...
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Will Chambers Change Cisco’s Outlook? (CSCO)

Posted: May 6, 2009 at 12:28 pm

Cisco Systems (NASDAQ: CSCO) is set to report its Q3-2009 earnings after the close.  Cisco's growth is currently off the table if estimates are accurate, but the Thomson Reuters estimates ...
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Big Bank TARP Recipients Financed Largest Subprime Firms (JPM)(C)(GS)

Posted: May 6, 2009 at 11:23 am

The twenty-five subprime lenders that originated $1 trillion in high interest loans between 2005 and 2007 got their funding from Wall St. banks that are now the beneficiaries of TARP ...
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Amazon’s Large Format Kindle, New Media Grail or Distraction? (AMZN)

Posted: May 6, 2009 at 10:19 am

It's official.  Amazon.com, Inc. (NASDAQ:AMZN) has introduced the much larger version of its Kindle e-book reader.  The Amazon Kindle DX  offers Kindle’s revolutionary wireless delivery and content with a large ...
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Financials & Direxion 3X Bulls, Recent Highs (FAS, FAZ, JPM, BAC, GS, WFC)

Posted: May 6, 2009 at 10:00 am

To call the triple-leverage financial ETF of the Direxion Financial Bull 3X Shares (NYSE: FAS) volatile would be the understatement of the year.  It has become the day trading instrument ...
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Crude Builds Slowing? (OIL)

Posted: May 6, 2009 at 9:44 am

The weekly oil inventories are still building by the Department of Energy's count.  Last week we saw a build of 600,000 barrels of crude to 375.3 million barrels and distillates ...
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