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Monthly Archives: July 2009

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Consumer Sentiment Heading The Wrong Way

Posted: July 10, 2009 at 9:12 am

The University of Michigan has reported its preliminary consumer sentiment report for July.  It seems that the "confidence" portion may be limping back towards impotence.  The mid-July report showed a ...
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Rosetta Stone Goes After Google in Adwords Suit (RST, GOOG)

Posted: July 10, 2009 at 8:55 am

By now just about everybody knows who Rosetta Stone, Inc. (NYSE:RST) is for its leadership in language learning and translation software.  It seems that Google Inc. (NASDAQ: GOOG) has gotten ...
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Top Day Trader Alert Stocks (CIT, DELL, WDC, DDSS, INFY, ASML)

Posted: July 10, 2009 at 8:06 am

These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity.  There are links through to more detailed coverage and volume ...
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GM: Out Of the Chapter 11 Frying Pan And Into The Market Fire

Posted: July 10, 2009 at 8:00 am

The "best" parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30 AM today. The federal government will end up stuffing a ...
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Goldman Sachs Upgrades & Downgrades in Tech (IBM, EMC, NTAP, CA, DELL, ARW, HPQ, STX, WDC, AAPL, MSFT, ORCL, SYMC)

Posted: July 10, 2009 at 7:49 am

Goldman Sachs is out with some key calls in technology sector today.  While some calls are positive, our take on this is more of a cautious stance due to the ...
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Buffett Guiding Down Earnings Estimates… Unofficially (BRK-A, BRK-B)

Posted: July 10, 2009 at 7:10 am

Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) has been out on just about every media outlet that he can reach people on to discuss the notion of ...
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Top Analyst Upgrades (MT, BBT, EVVV, GHL, WFR, NZ, PBR, SY, STI)

Posted: July 10, 2009 at 6:24 am

These are the top pre-market analyst upgrades and positive research calls we have seen early this Friday morning with more than two hours until the market opens for trading: Arcelor ...
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The Chinese Economic Rebound May Have To Wait

Posted: July 10, 2009 at 5:20 am

China's exports fell again in June, this time by 21% according to the Xinhua News Agency. The news means that goods and services being sent abroad by the world's most ...
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Trading California IOUs On The Open Market

Posted: July 10, 2009 at 5:09 am

The SEC says that companies holding California IOUs can trade them like stocks or bonds by handing them over to a broker. According to the agency, "The staff of the ...
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Troubled Homeowners Slashing Prices

Posted: July 10, 2009 at 4:58 am

Analysts who thinks that the housing market may rebound this summer better think again. Home sales have been slow and now there is evidence that homeowners are having so little success ...
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US Cries Foul On TARP Warrants

Posted: July 10, 2009 at 4:39 am

The Congressional Oversight Panel which keeps track of the effectiveness of the TARP program claims that the government has gotten much too little for the warrants it received as part of the ...
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UBS (UBS) Tells IRS It Won’t Get 52,000 Client Names

Posted: July 10, 2009 at 4:07 am

UBS (UBS) told the IRS and Justice Department to go to hell. The agencies want the names of 52,000 customers who may have evaded taxes in transactions with the big ...
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AIG (AIG) Needs To Pay Big Bonuses

Posted: July 10, 2009 at 3:49 am

AIG (AIG) wants to pay a number of its "key" employees as much as $235 million. Most of the bonuses are meant to retain these people. The Washington Post reports that ...
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Media Digest 7/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 10, 2009 at 3:02 am

Reuters:   Pandit bought time at Citigroup (C) with a management reshuffle. Reuters:   Obama's healthcare and climate plans are running into resistance. Reuters:   AIG (AIG) will pay more executive bonuses in ...
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Asia Markets And Europe Open 7/10/2009

Posted: July 10, 2009 at 2:27 am

Markets in Asis were slightly lower. The Nikkei fell a fraction to 9,287. The Hang Seng was off .2% to 17,769. The Shanghai Composite was down .3% to 3,114. At ...
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