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Monthly Archives: June 2009

china

China Shampoo Company Raises $214 Million In IPO, Retail Investor Orders Hit $9 Billion

Posted: June 26, 2009 at 4:18 am

A sign that the IPO market in Asia may be overheating is the case of BaWang International, which raised $214 million. The company makes shampoo, and the offering was oversubscribed by ...
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oil

Real Risk For Higher Oil Prices Is In Nigeria, Iran, Iraq, And Venezuela

Posted: June 26, 2009 at 3:54 am

Oil jumped above $70 a barrel as Nigerian rebels attacked a Royal Dutch Shell facility. It is one of a number of such incidents in a nation that is the ...
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newspaper

Media Digest 6/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 26, 2009 at 3:01 am

Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch. Reuters:   GM said a bankruptcy delay would destroy suppliers. Reuters:   Nominees have started ...
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china

Asia Markets And Europe Open 6/26/2009

Posted: June 26, 2009 at 2:21 am

Markets in Asia were higher The Nikkei was up .6% to 9,77. The Hang Seng rose 1.3% to 18,512. The Shanghai Composite was up .21% to 2,928. At the open ...
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apple

The Power Of Branding: Apple (AAPL) iPhone’s Extraordinary Margins

Posted: June 25, 2009 at 6:58 pm

Software is supposed to be a high margin business and hardware a sector in which most companies struggle with gross margins. Hardware components are expensive and there is almost no ...
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bank

Greenspan Slaps At Current Fed Policy

Posted: June 25, 2009 at 5:33 pm

The old Fed and new Fed don't get along. A day after the FOMC pronounced inflation nearly dead and said that the dynamics of the economic recovery would not allow ...
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Money Stack Image

Ruth’s Chris, or Ruth’s Hospitality, Raising Cash (RUTH)

Posted: June 25, 2009 at 3:43 pm

Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH) has filed a shelf registration to raise capital. The owner of the Ruth's Chris Steak House chain has filed a mixed securities shelf to ...
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Palm Logo

Palm Shows Mixed Hand (PALM)

Posted: June 25, 2009 at 3:10 pm

Palm Inc. (NASDAQ: PALM) has been one of 2009's top performers due to the anticipation of the Palm Pre smartphone this month.  The company's earnings are out and it has ...
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Money Stack Image

More Triple-Leverage ETF Competition (UPRO, SPXU, FAS, FAZ)

Posted: June 25, 2009 at 2:15 pm

ProShares already has double leverage ETFs for investors and traders alike.  It now has launched two new Triple-Leverage ETFs.  The UltraPro S&P500 (NYSE: UPRO) is meant to offer 300% of ...
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Generic Biotech Drug Approval in Japan, Implications in U.S. and Abroad (NVS, PFE, AZN, AMGN, GENZ, GILD, CELG)

Posted: June 25, 2009 at 11:31 am

Novartis AG (NYSE: NVS) shares are at session highs and well of the lows of the day in the early afternoon Thursday after Japan okayed one of the company’s human ...
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SIRIUS LOGO

Strong Demand Drives SIRIUS Cash Raising Efforts (SIRI)

Posted: June 25, 2009 at 11:09 am

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has raised more cash through its XM Satellite Radio Inc. unit than it originally projected.  We were looking for a raise of some $350 ...
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Money Stack Image

PC Sector Sales Not As Bad in 2009, Growth in 2010 (DELL, HPQ, AAPL, MSFT, INTC)

Posted: June 25, 2009 at 10:34 am

We have another rough couple of quarters ahead of us in PC and computer sales.  There are some things to take heed here which will come front and center for ...
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Solar Panel Pic

Short Sellers Pile Harder Into Large Solar Stocks (FSLR, STP, LDK, SPWRA, ENER, SOLR, JASO)

Posted: June 25, 2009 at 8:56 am

Short Selling looked higher in some of the key solar and alternative energy stocks.  Of the top 7 solar stock plays we track by market cap, six of the seven ...
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Up and Up

Target Core Brand Re-Launch, All About Lower Prices (TGT, WMT)

Posted: June 25, 2009 at 8:27 am

Target Corporation (NYSE: TGT) was hurt as the recession took hold and customers had to go searching for cheaper and cheaper products.  Wal-Mart Stores (NYSE: WMT) was the winner there.  ...
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Burning Money Pic

Another 24/7 Wall St. CEO To Go Goes Away (BSX)

Posted: June 25, 2009 at 8:01 am

Boston Scientific Corporation (NYSE: BSX) is finally getting free from President and Chief Executive Officer Jim Tobin.  This was one our top 10 CEO's to go for 2009 as his ...
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