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Monthly Archives: July 2009

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Am-Ex and Capital One Both Beat and Both Disappoint (AXP, COF)

Posted: July 23, 2009 at 3:41 pm

Capital One Financial Corp. (NYSE: COF) and American Express Company (NYSE: AXP) are historically about as similar of companies as they come.  Yet at the same time, they are about ...
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Microsoft (MSFT): Really Awful

Posted: July 23, 2009 at 3:32 pm

Microsoft did not do as well as Wall St. had hoped. The company posted revenue of $13.1 billion and EPS of $.34 . Analysts were looking for $.36 on $14.38 billion in revenue,  A year ...
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Amazon.com…. Earnings Disappointment (AMZN)

Posted: July 23, 2009 at 3:14 pm

Online retail giant Amazon.com Inc. (NASDAQ: AMZN) just reported earnings of $0.32 EPS and revenues of $4.65 billion, Thomson Reuters had estimates for Bezos & Friends pegged at $0.32 EPS ...
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RadioShack’s New Turnaround Manager: Lance Armstrong (RSH)

Posted: July 23, 2009 at 2:14 pm

RadioShack Corp. (NYSE: RSH) has been run by turnaround operator Julian Day for about three years now.  He got the stock turned around, but then came issues in the retail ...
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Vitamin Shoppe Files For IPO, Again (VSI)

Posted: July 23, 2009 at 1:06 pm

VS HOLDINGS, INC., or Vitamin Shoppe, Inc., has just filed with the SEC to sell up to $143,750,000.00 worth of common stock.  This would mark the initial public offering and ...
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Amazon.com Already Beat Earnings, Unofficially (AMZN)

Posted: July 23, 2009 at 12:11 pm

Amazon.com Inc. (NASDAQ: AMZN) did not sell off after it announced the acquisition of Zappos.com.  The deal was north of $800 million, and with shares up 5% Amazon now has ...
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When The NASDAQ Never Drops (QQQQ, SPY)

Posted: July 23, 2009 at 10:16 am

While a market can go from a mega-bear market to a mega-bull market, steady rises become the usual.  But when you see an 11 day consecutive rise and then a ...
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When Bad Housing Data Starts Looking Good

Posted: July 23, 2009 at 9:17 am

The reading on existing-home sales, or used-home sales, managed to post another gain in June.  The reading for June was 4.89 million units on an annualized basis, which is above ...
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Bristol-Myers Gets Key Assets With A Medarex Deal (BMY, MEDX, ABT, JNJ, AMGN, WYE)

Posted: July 23, 2009 at 9:12 am

Bristol Myers Inc. (NYSE: BMY) plans to spend $2.4 billion to buy partner Medarex Inc. (Nasdaq: MEDX). It will get a great deal beyond the cancer monoclonal antibody that developed ...
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Bernanke’s Monetarism Is a Logical Impossibility

Posted: July 23, 2009 at 8:28 am

By John Tamny About former Federal Reserve chairman Arthur Burns, Rice University historian Allen Matusow once wrote that "he had no fixed monetary principle of his own, except a determined ...
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Top Day Trader Alerts (MEDX, ISRG, OREX, CELG, EBAY, SNDK, PSUN, QCOM)

Posted: July 23, 2009 at 7:47 am

The following 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 ...
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Jobless Army Contracts Again

Posted: July 23, 2009 at 7:40 am

The Labor Department has released its weekly jobless claims data.  The number came in slightly better than estimates, but the jobless claims did rise.  The gain was 30,000 to 554,000 ...
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Top 10 Analyst Upgrades and Downgrades (ATHN, CMO, CYOU, CTXS, EBAY, LOGI, NTAP, SANM, SNDA, VMW)

Posted: July 23, 2009 at 7:19 am

These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning: AthenaHealth (ATHN) Started as Buy at Maxim. Capstead Mortgage (CMO) Cut to ...
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McDonald’s (MCD) Serves Up Small Disappointment

Posted: July 23, 2009 at 7:07 am

The news out of McDonald's (MCD) continues to be good. Same-store sales rose 4.3% in the second quarter, but EPS dropped to $.98 from $1.04. But, last year's gain was ...
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Loss Of Traditional Phone Customers Still Devils AT&T (T)

Posted: July 23, 2009 at 6:49 am

AT&T's (T) wireless, broadband, and U-verse TV subscription businesses all did well in the second quarter. Buried a bit deep in the press release about earnings was the fact that ...
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