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Daily Archives: June 4, 2009

Even Porn Gets Self Promotion Via Apple WWDC (AAPL)

Posted: June 4, 2009 at 2:32 pm

Everyone loves to follow Apple Inc. (NASDAQ: AAPL), particularly ahead of its big investor and developer conferences.  And if you track the top website rankings of the top 100 and ...
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Angelo Mozilo Charged With Insider Trading (BAC)

Posted: June 4, 2009 at 2:03 pm

CNBC's David Faber just reported that the SEC will be charging former Countrywide CEO Angelo Mozilo with insider trading and disclosure violations for stock sales from 2006 and beyond.  Interestingly ...
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Refiners’ Second Take: Valero’s Risk of Irreparable Harm (VLO, MRO, HES, TSO, SUN, TOT, VSUNQ)

Posted: June 4, 2009 at 12:06 pm

Valero Energy Corp. (NYSE: VLO) may have caused some irreparable harm to itself and to shareholders this week.  Losing money is just not something that the investing public was ready ...
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Mortgage Rates At Level That Could Stall Any Housing Recovery

Posted: June 4, 2009 at 11:15 am

Freddie Mac has announced a sharp increase in the 30-year fixed-mortgage rate. Information released by the agency says that rates moved to 5.29% for the week ending today, up from ...
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Axsys Buyout Looks On The Cheap (AXYS, GD)

Posted: June 4, 2009 at 11:00 am

General Dynamics (NYSE: GD) entered into a definitive agreement to acquire Axsys Technologies, Inc. (NASDAQ: AXYS) in a deal that is at a high premium if you consider the recent ...
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Unemployment Insurance Buckles After Years of Underfunding

Posted: June 4, 2009 at 10:30 am

by Olga Pierce, ProPublica Half a million Americans lost their jobs in April, meaning there are now officially 14 million unemployed workers, the highest percentage in 25 years, and the ...
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Palm (PALM) Pre Won’t Do Sprint (S) Much Good

Posted: June 4, 2009 at 9:59 am

Morgan Stanley does not think that the new Palm (PALM) will do much for Sprint (S). The reasoning is that the carrier will sell about 1.5 million units of the ...
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CEOs Growing More Confident

Posted: June 4, 2009 at 9:29 am

There is a growing confidence among Chief Executive Officers.  A report by Chief Executive magazine noted that there is another strong resurgence in May from responses by top executives.  The ...
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What Is Time, Inc. Worth?

Posted: June 4, 2009 at 8:49 am

There have been rumors recently that Time, Inc., the Time Warner (TWX) publishing division and the largest magazine operation in the country, might be spun off to shareholders in much ...
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Intel & Wind River: Much More Than Meets The Eye (INTC, WIND, MSFT, IBM, TXN)

Posted: June 4, 2009 at 8:07 am

Intel Corporation (NASDAQ: INTC) has made what many will consider as a strange merger, but there is more to this merger than meets the eye and this will give Intel ...
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First Drop in Continuing Jobless Claims Since January

Posted: June 4, 2009 at 7:37 am

The Labor Department has just released its weekly jobless claims data at 621,000.  The prior week's reading was revised to 625,000 from a prior reading of 623,000.  The consensus estimates ...
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Goldman Sachs (GS) Moves Oil Price Target To $85

Posted: June 4, 2009 at 6:36 am

It took Goldman Sachs (GS) long enough to raise its target price for oil to $85. The investment bank waited until crude was close to $70 after a fairly fast ...
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Top Analyst Upgrades (FINL, FTI, FL, BEN, GS, KEY, NDAQ, NOK, NRG, VIP)

Posted: June 4, 2009 at 6:18 am

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street firms early this Thursday morning with more than two hours until the market ...
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Top Analyst Downgrades & Cautious Calls (ATHN, ETFC, LM, MICC, TKC, AMTD, YUM)

Posted: June 4, 2009 at 6:12 am

These are the top pre-market analyst downgrades or cautious notes we have seen early this Thursday morning from Wall Street brokerage firms with more than two hours until the market ...
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Yahoo! (YHOO) Does Not Need Microsoft (MSFT) Deal, Unless It Wants A Higher Share Price

Posted: June 4, 2009 at 5:25 am

Carol Bartz, Yahoo!'s (YHOO) new CEO, says the portal company does not need a deal to combine its search engine operations with Microsoft's. Yahoo! has about 20% market share in ...
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