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Daily Archives: September 1, 2009

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China’s Insatiable Energy Deals Only Growing (PTR, XOM, CVX, RDS-B, SNP, CEO, MRO)

Posted: September 1, 2009 at 6:01 am

On Monday, the Shanghai Composite went under 2,700 and between Monday and Tuesday is back to lows not seen since May's end. Technically, it is back in bear market territory ...
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All Systems Go In China?

Posted: September 1, 2009 at 5:56 am

The number of pieces of data that point to a strong recovery in the Chinese economy rises every day. The Purchasing Managers Index rose to 54.0 for August, up from ...
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Icahn Dumps Yahoo! (YHOO) Shares

Posted: September 1, 2009 at 5:42 am

Carl Icahn, who took a large stake in Yahoo! (YHOO) along with board seats, has started to sell his shares. He seems to have come to the same conclusion that ...
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eBay (EBAY) Sells Skype

Posted: September 1, 2009 at 5:27 am

eBay (EBAY), which had planned offer shares in its VoIP business Skype though an IPO, has sold it to private equity interests instead. Netscape co-founder Marc Andreessen, Index Ventures, and ...
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One Hundred Billion Searches: Does Google (GOOG) Make Us Smarter?

Posted: September 1, 2009 at 4:58 am

comScore, the internet research firm, announced that more than 113 billion searches were made worldwide in July. That number is significant but even more astonishing is the 41% rise that ...
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Media Digest 9/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 1, 2009 at 3:57 am

Reuters:   Ebay (EBAY) will sell Skype to private investors. Reuters:   China's manufacturing index gained. Reuters:   A  late Labor Day will hurt August retail sales. Reuters:   A US judge ruled against ...
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Asia Markets And Europe Open 9/1/2009

Posted: September 1, 2009 at 3:26 am

Markets in Asia were slightly higher. The Nikkie rose .4% to 10,530. Honda (HMC) and Toyota (TM) both rose. The Hang Seng was up .8% to 10,892. The Shanghai Composite ...
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