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Monthly Archives: June 2009

Bove Runs Up Citi Again (C)

Posted: June 19, 2009 at 7:07 am

Citigroup, inc. (NYSE: C) is back under focus by an old bull in the stock.  Dick Bove of Rochdale Securities has started coverage of the troubled bank with a BUY ...
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Top Early Bird Analyst Upgrades & Downgrades (BIDU, BAX, CCL, IBM, LDK, MSFT, SPWRA)

Posted: June 19, 2009 at 6:02 am

These are the top big analyst calls from Wall Street we have seen very early this Friday morning with over two and a half hours until the market opens: Baidu ...
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America’s Next Export: Pollution Control

Posted: June 19, 2009 at 5:09 am

A new study from MIT says that if the US and China cannot control and reduce carbon dioxide emissions from coal-burning plants, efforts at cutting back on global warming may ...
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Microsoft (MSFT) Willing To Spend $10 Billion On Search

Posted: June 19, 2009 at 4:56 am

Yahoo! (YHOO) and Google (GOOG) actually have something to worry about, if Steve Ballmer is not bluffing. The Microsoft (MSFT) CEO says that he company is prepared to spend 5% ...
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Toyota (TM) Prius Success, Another Detroit Failure

Posted: June 19, 2009 at 4:39 am

Toyota (TM) has booked 180,000 domestic orders for its Prius hybrid model in the first month that it has been on the market.  There is no reason to think that ...
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Chinese, Flush With Cash, May Buy Into Assets And Dodge Government Worries

Posted: June 19, 2009 at 4:21 am

The big money in China is starting to worry that by the time it starts to shop for undervalued assets outside its borders, the recovery may be underway and the ...
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Heads Of Bailed Out Firms Still Love Their Private Jets

Posted: June 19, 2009 at 3:56 am

The Wall Street Journal, in a bit of investigative reporting, found that the CEOs of companies that have received federal bailout funds are still having fun using their firms' private ...
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Media Digest 6/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 19, 2009 at 2:59 am

Reuters:   Investors are putting money into emerging markets except Eastern Europe. Reuters:   Stanford will go to court for a $8 billion fraud allegation. Reuters:   RIM's (RIMM) outlook disappointed. Reuters:   CEOs at ...
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Asia Markets And Europe Open 6/19/2009

Posted: June 19, 2009 at 2:23 am

Markets in Asia were higher. The Nikkei rose .9% to 9,786. The Hang Seng was up 1.3% to 17,878. Sinopec (SNP) and China Petroleum (PTR) rose on a the anticipation ...
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Smith & Wesson Diversifying In New Buyout (SWHC)

Posted: June 18, 2009 at 4:02 pm

Smith & Wesson Holding Corporation (NASDAQ: SWHC) is growing.  The gunsmith has entered into a definitive agreement to acquire Universal Safety Response Inc., a privately held full-service security systems solutions ...
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One Teekay Raising Cash For The Other Teekay (TNK, TK)

Posted: June 18, 2009 at 3:33 pm

Teekay Tankers Ltd. (NYSE: TNK) now plans to sell 7,000,000 shares of common stock in a public secondary offering.  This is a bit of an unusual offering as the company ...
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BlackBerry, CrackBerry, EarningsBerry… When Good Isn’t Good Enough (RIMM)

Posted: June 18, 2009 at 3:13 pm

Research-in-Motion Ltd. (NASDAQ: RIMM) report its highly awaited earnings today.  The BlackBerry maker posted $0.98 EPS and $3.42 billion in revenues. The Thomson Reuters estimate was $0.94 EPS on $3.42 ...
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The Gartman Call: Shorting Berkshire Hathaway Inc. (BRK-A, BRK-B)

Posted: June 18, 2009 at 12:14 pm

If you follow charts, money-flows, and ways to play macro-trends, you probably know who Dennis Gartman is.  We know that you know who Warren Buffett is, and Gartman's call as ...
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Giving Ag, Potash, and Fertilizers A Second Chance (MON, POT, MOS, IPI, AGU, CF, MOO)

Posted: June 18, 2009 at 11:53 am

Monsanto Co. (NYSE: MON), Potash Corp. of Saskatchewan, Inc. (NYSE: POT), Mosaic Co. (NYSE: MOS) and Intrepid Potash,Inc. (NYSE: IPI) are all recovering at least some from yesterday's major drops.  ...
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ETF’s To Short Some BRIC Countries, With Leverage (EPV, JPX, BZQ, SMK)

Posted: June 18, 2009 at 11:19 am

ProShares has just launched four new exchange-traded funds.  While these are not "all" BRIC countries (Brazil, Russia, India, China), BRIC investors will now get a couple of more tools to ...
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