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Monthly Archives: June 2009

oil

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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United (UAUA) Doubles Down

Posted: June 4, 2009 at 5:07 am

The International Air Transport Association says that its forecast that the world's airlines will loss $4.7 billion this year appears to be much too low. Passenger and freight loads ...
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Winter

Wal-Mart (WMT) Becomes The Nation’s New Employment Agency

Posted: June 4, 2009 at 4:46 am

Many big-box retailers including Best Buy (BBY), Target (TGT), and Costco (COST) are struggling as the recession beats down their same-store sales. General retailers such as Sears (SHLD) are not ...
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Regulating Risk Is Risky Business

Posted: June 4, 2009 at 4:35 am

"Certainly do not give a systemic regulator the job of determining when the next financial crisis will hit,"  Alan Greenspan said in a speech at the American Enterprise Institute. The federal government ...
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Unemployment May Not Turn A Corner

Posted: June 4, 2009 at 3:52 am

The ADP number for jobs lost last month was 532,000. It was better than any month since November but worse than what many analysts had expected. Economists predict the unemployment ...
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Media Digest 6/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 4, 2009 at 3:00 am

Reuters:   GM and Chrysler said closing dealers was essential to their restructuring. Reuters:   The Justice Department is probing big tech employee recruiting. Reuters:   Medical bills underlay 60% of American bankruptcies. ...
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Asia Markets And Europe Open 6/4/2009

Posted: June 4, 2009 at 2:25 am

Markets in Asia were lower. The Nikkei fell .8% to 9,669. The Hang Seng was off 1.3% to 18,343. The Shanghai Composite was down .4% to 2,787. At the open ...
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Top Break-Out Stocks (APSG, CYOU, COOL, TSRA, TIVO)

Posted: June 3, 2009 at 1:14 pm

Today's 52-week high review list showed many names which looked like they were trying to break out, but then the pullback kept many of them from making the rounds.  But ...
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Bernanke Finds The Elephant In The Room

Posted: June 3, 2009 at 11:41 am

Ben Bernanke has probably already seen accurate estimates of what unemployment figures for May look like. The ADP data indicates that the loss for non-farm payrolls will be well above ...
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Higher Oil Prices Already Impacting Inventories (USO, OIL)

Posted: June 3, 2009 at 9:46 am

The D.O.E. has just released weekly data for crude oil, and the losses in weekly inventories appear to be a bit reversed this last week.  Crude inventories came in up ...
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Apple Upgrade Has Competitive Implications (AAPL, GOOG, MSFT, RIMM)

Posted: June 3, 2009 at 8:30 am

In a new research call this morning, Collins Stewart rated Apple Inc. (NASDAQ: AAPL) to a Buy rating.  The research call has some serious implications for Google Inc. (NASDAQ: GOOG) ...
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Slightly Good News From Homebuilder Earnings (HOV, TOL, XHB)

Posted: June 3, 2009 at 8:12 am

Traders are lightly selling Hovnanian Enterprises Inc. (NYSE: HOV) and Toll Brothers Inc. (NYSE: TOL) after the two homebuilders reported earnings between yesterday's close and this morning's open.  The news ...
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