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Daily Archives: August 24, 2009

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World Poker Tour Becoming Part of PartyGaming (WPTE)

Posted: August 24, 2009 at 5:30 pm

WPT Enterprises, Inc. (NASDAQ: WPTE) has announced that Peerless Media Ltd., a subsidiary of PartyGaming Plc, has agreed to purchase substantially all of WPTE’s operating assets other than cash, investments ...
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Vitacost.com Sets IPO Terms (VITC)

Posted: August 24, 2009 at 3:06 pm

Vitacost.com, Inc. has set the terms for its upcoming IPO.  The online and catalog seller of vitamins, supplements, and other personal care products is selling 11 million shares, with 4,495,987 ...
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USEC Picking Up Efforts (USEC, HON)

Posted: August 24, 2009 at 12:25 pm

USEC Inc. (NYSE:USU) has appointed Christine M. Ciccone as senior vice president of external relations.  This is not going to just be a media and government affairs position.  This position ...
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ETFs/ETNs Becoming Hybrid Closed-End Funds (USO, UNG, DBO, DXO, GAZ, GSG, GS, MS, GLD, SLV, JJC, FAS, FAZ)

Posted: August 24, 2009 at 11:30 am

Two months ago it was a carnal sin to suggest that certain exchange-traded funds or notes which track commodities would start trading more like a closed-end fund based upon supply ...
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Fed Purchases Housing Debt, Drives Fannie Mae (FNM) Up 45%

Posted: August 24, 2009 at 10:54 am

Fannie Mae (FNM) is up 45% to $1.77 on news that the Federal Reserve bought $5.6 billion in housing debt late last week. The Fed took the action in an ...
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When Key Biotechs Have Low P/E’s & Value Screens (AMGN, BIIB, CEPH, CBST, GENZ, PDLI)

Posted: August 24, 2009 at 9:54 am

It usually takes an event or a series of events for biotech stocks to ever look cheap compared to the overall market or even to sub-sectors within health care.  They ...
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Top Day Trader Alerts (AMD, ARIA, SIRI, SBGI, CHIC, SHLD)

Posted: August 24, 2009 at 9:05 am

We are seeing several key stocks trading very activiely and at key levels this morning.  These are this morning's top day trader and active trader alerts, and more detailed price ...
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Want to Curb Market “Speculators”? Lots of Luck

Posted: August 24, 2009 at 8:38 am

John Tamny of RealClearMarkets  Back in 2002 and in the aftermath of the Enron and Worldcom implosions, former Sen. Paul Sarbanes, D-Md., and former Rep. Mike Oxley, R-Ohio, created the ...
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Top Analyst Upgrades (AMD, AXP, ACI, ASH, STD, BRCD, COF, DFS, HIBB, MSCC, RCL, ZMH)

Posted: August 24, 2009 at 7:58 am

There were quite a few analyst upgrades and positive research calls this Monday morning.  These are the calls we have seen from Wall Street firms early this morning with about ...
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Top Analyst Downgrades (KSU, NRP, NOK, SYK, TOL)

Posted: August 24, 2009 at 7:53 am

These are this morning's top research downgrades and cautious calls from Wall Street analysts this Monday morning with close to two hours until the market opens: Kansas City Southern (KSU) ...
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uncle sam

No Increase For Social Security Recipients

Posted: August 24, 2009 at 5:56 am

The millions of Americans who get social security will not see their payments rise next year and probably not the year after. The cost of living increases that have been ...
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The Double Dip: Roubini Tries To Stay Relevant

Posted: August 24, 2009 at 5:40 am

Nouriel Roubini became just like every other economist recently. He said that the recession was ending. He may believe that the recovery will not start as quickly as other experts, ...
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The Coming Swine Flu Recession

Posted: August 24, 2009 at 5:14 am

There was a lot of analysis that went on when the early cases of swine flu were reported from Mexico. The WHO began to talk about a pandemic which raised ...
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Larry Ellison: The Return Of The Dollar A Year Man

Posted: August 24, 2009 at 5:01 am

Steve Jobs worked at Apple (AAPL) for $1 a year in 2000, just before the launch of the iPod which completely changed the company’s fortunes and made him astonishingly wealthy. ...
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Media Digest 8/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 24, 2009 at 3:57 am

Reuters:   A faltering stock market may make it hard for China to cut financial support to the capital markets. Reuters:   Roubini warned of a double dip recession. Reuters:   Warner Chilcott ...
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