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Daily Archives: June 16, 2009

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24/7 Wall St. Launches Apple Financial News Site (AAPL)

Posted: June 16, 2009 at 5:13 pm

24/7 Wall St. is pleased to announce the launch of the public beta version of  AppleFinancialNews.com (AAPL), the first in a seriesof websites with news and opinion about America's premier companies gathered from ...
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TV

New Fox Business Invitation To Interview 24/7 Wall St.

Posted: June 16, 2009 at 4:16 pm

Mr. MacIntyre:   We’re looking to discuss the viability of online newspapers tomorrow on our morning show “Money for Breakfast” with Alexis Glick at 0750 AM ET. Any chance you ...
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Crocs Closer To Raising Cash (CROX)

Posted: June 16, 2009 at 4:11 pm

CROCS Inc. (NASDAQ: CROX) may be closer to a capital raise if an amended filing from tonight clears the bar to allow it to sell securities.  It was just May ...
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Adobe Follows So-So Reception Trends (ADBE)

Posted: June 16, 2009 at 3:11 pm

Adobe Systems Inc. (NASDAQ: ADBE) has just posted earnings.  The Flash and Acrobat software king has posted $0.35 non-GAAP EPS and $704.7 million in revenue.  Thomson Reuters had estimates at ...
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Huawei Wants More Video Router Business (CSCO, JNPR, COMS)

Posted: June 16, 2009 at 1:32 pm

Huawei Technologies Co., Ltd. is one of the inaccessible companies to invest in for Americans.  Yet it runs head to head against Cisco Systems Inc. (NASDAQ: CSCO) and other router ...
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Social Media Reality Check: MySpace Dumps 30% of Staff (NWS)

Posted: June 16, 2009 at 12:32 pm

Today marks the ultimate backlash against the once unlimited and unprecedented growth of social media.  News Corp. (NYSE: NWS) has announced in a press release that about 30% of the ...
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California Muni Bond Funds Defy Hangman (AB, BLK, EV, MS, AKP, BCK, RAA, BFZ, BCL, BJZ, MUC, CEV, EVM, CCA, IIC, IQC, ICS, NUC, NVX, NAC, NZH, NXC, PZC, PCK)

Posted: June 16, 2009 at 12:00 pm

It seems that even the Governator is having a hard time saving California, and many are blaming him for the state's ballooning budget deficit.  The company is facing billions in ...
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Higher Expectations into R-I-M Earnings (RIMM, AAPL, NOK, PALM)

Posted: June 16, 2009 at 11:11 am

Research-in-Motion Ltd. (NASDAQ: RIMM) will be the biggest earnings released this week for tech investors because it will be a direct reflection on rivals Apple Inc. (NASDAQ: AAPL), Nokia (NYSE: ...
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IPO Alert: LogMeIn (LOGM, INTC)

Posted: June 16, 2009 at 10:11 am

LogMeIn, Inc. is coming public in an IPO and the terms are being set.   The registration has been set for 6.666667 million shares of common stock being sold in a ...
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New Beer Public Company: Black Art Beer Importers (BLVI)

Posted: June 16, 2009 at 9:15 am

There is a new public company that is a specialty beer play, a trend we have seen less and less of in recent years after the roll-ups in the wine ...
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FuelCell’s Capital Raise, Dilutive But Opportunistic (FCEL)

Posted: June 16, 2009 at 8:46 am

FuelCell Energy Inc. (NASDAQ: FCEL) is getting hammered this morning.  The developer and manufacturer of fuel cell power plants for electric power generation announced a $24.2 million financing pact this ...
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Domestic Manufacturing… What Manufacturing?

Posted: June 16, 2009 at 8:27 am

Industrial production and capacity utilization did come in right where economists were expecting, but the level at which these numbers are seeing just feels ghastly.  Industrial production for May was ...
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PPI: Wholesale Inflation Still Elusive

Posted: June 16, 2009 at 7:45 am

Wholesale inflation measured by producer prices for the month of May is out, and the fears of inflation are not yet working into the system.  The nominal PPI came in ...
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Misleading Gains in Housing Data

Posted: June 16, 2009 at 7:38 am

Housing Starts came in much better than expected, on the surface.  We saw a reading of 532,000 on housing starts on an annual basis.  This is a gain of 17.2% ...
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World War II Did Not End the Great Depression

Posted: June 16, 2009 at 7:29 am

By John Tamny of RealClearMarkets "Whereas before there had been almost no framework to explain what Roosevelt was doing, now a respectable one was forming. Spending promoted growth, if government ...
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