Monthly Archives: June 2009

The Boston Globe Will Stay Open, For Now (NYT)

Posted: June 24, 2009 at 4:34 am

The New York Times (NYT) and the largest union at The Boston Globe have reached an agreement that will almost certainly keep the paper operating, but that could change sometime ...
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Citigroup (C): Raises For The Elite

Posted: June 24, 2009 at 4:21 am

John Mack of Morgan Stanley (MS) made sure that he had a large base salary for this year, even though his firm nearly fell apart last year. The management of ...
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Huntsman Thrashes The Banks

Posted: June 24, 2009 at 3:59 am

Apollo Management's Hexion Specialty Chemicals offered $6 billion to buy chemical company Huntsman (HUN) in July 2007, a bid which would have given stockholders $27.25 a share. Over the course ...
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Boeing (BA): Proof That Management Incompetence Needs Regulation

Posted: June 24, 2009 at 3:51 am

The federal government has set up a number of systems to effectively control the financial and credit systems along with most of the major firms that operate in the sector. ...
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CNN.com Keeps Its Audience Advantage Over MSNBC.com (GE)(TWX)(NYT)

Posted: June 24, 2009 at 3:43 am

What is true on the air is also true on the web. CNN.com has a larger audience that MSNBC.com. It also hold a large advantage over the largest website of ...
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Madoff Client Jeffry Picower Netted $5 Billion—Likely More Than Madoff Himself

Posted: June 24, 2009 at 3:37 am

by Jake Bernstein, ProPublica It is rare these days to see Bernard Madoff's name in print unaccompanied by the word "Ponzi." Yet recent allegations raise the possibility of one key ...
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Media Digest 6/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 24, 2009 at 2:53 am

Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export policies against a WTO complaint. Reuters: Citigroup (C) intends to ...
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Asia Markets And Europe Open 6/24/2009

Posted: June 24, 2009 at 2:21 am

Markets in Asia were higher. The Nikkei was up .4% to 9,590. The Hang Seng rose 2% to 17,871. The Shanghai Composite was up 1% to 2,922. At the open ...
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Despite Sell-Off, Some Techs on 52-Week Highs (ARUN, ELOY, PWRD, STAR)

Posted: June 23, 2009 at 4:28 pm

There is an interesting line-up of tech stocks which hit 52-week highs today. This is despite the wave of selling and profit taking we have seen. We saw several hit ...
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Oracle Mixed Bag As Acquisitions Not In Numbers Yet (ORCL, JAVA)

Posted: June 23, 2009 at 3:08 pm

Larry Ellison and friends over at Oracle Corp. (NASDAQ: ORCL) just reported earnings. The enterprise software giant posted $0.46 EPS EPS and $6.9 billion in revenues. Thomson Reuters had estimates ...
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More Reverse Splits, or Just Closure, Possible or Needed in ETFs (FAS, FAZ, UYG, BAC, BHH, ARBA, IIH, AKAM, VRSN, UNG, USO, GLD, SDS, SPY, NYX, NDAQ)

Posted: June 23, 2009 at 12:42 pm

We have been large fans of exchange-traded funds, exchange-traded notes, and other exchange-traded instruments which are open for trade throughout the day that are allowed to be invested in just ...
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