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Monthly Archives: September 2009

bank

FDIC Is Short $100 Billion But Long On Solutions

Posted: September 30, 2009 at 5:04 am

The FDIC has been discussing the idea of banks prepaying their risk-based assessments for the last quarter of this year and all of 2010, 2011, and 2012. The move appears ...
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youtube

A Perfect Internet For Only $350 Billion

Posted: September 30, 2009 at 4:58 am

The FCC has issued a report of almost 200 pages showing its interim plan for increasing broadband deployment and use in both urban and rural areas. The program is complex because ...
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newspaper

Media Digest 9/30/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Posted: September 30, 2009 at 4:04 am

Reuters:   China celebrated 60 years of communist rule as a capitalist economy. Reuters:   The IMF cut global debt write-offs to $3.4 trillion. Reuters:   CIT (CIT) is close to a deal ...
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china

Asia Markets And Europe Open

Posted: September 30, 2009 at 3:32 am

Markets in Asia were narrowly mixed. The Nikkei was up .3% to 10,133. The Hang Seng was down .6% to 20,841. Sinopec (SNP) fell. The Shanghai Composite was up .9% ...
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bear

CIT (CIT) For Suckers

Posted: September 29, 2009 at 9:11 pm

Shares of CIT (CIT) rallied 32% to $2.20 after The New York Post reported that hedge-fund operator John Paulson of Paulson & Co. was orchestrating a move to merge CIT ...
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52-Week High Club

Posted: September 29, 2009 at 4:12 pm

Chipotle Mexican Grill (NYSE: CMG) hit a yearly high of $97.33 as options traders place bets in anticipation of positive earnings. Dr Pepper Snapple Group (NYSE: DPS) hit a yearly ...
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24/7 WallSt TV

24/7 Wall St. TV: Apple App Downloads Hit 2 Billion

Posted: September 29, 2009 at 1:28 pm

Close to one out of three people in the world has downloaded an app from the Apple (AAPL) App store. Or, a much smaller number of people have downloaded ten ...
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magazin

Fertilizer Wars Heat Up Again (CF, TRA, AGU, MOO)

Posted: September 29, 2009 at 10:16 am

Fertilizer maker CF Industries Holdings, Inc. (NYSE:CF) said it has purchased 7% of the shares of competitor Terra Industries Inc. (NYSE:TRA) on the open market. CF has also renewed ...
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newspaper

Today’s Best Market Rumors (9/29/2009) (AMD)(GOOG)(AMGN)

Posted: September 29, 2009 at 9:13 am

Updated throughout the day. Update:  Xerox (XRX) may find that IBM (IBM) or HP (HPQ) outbid it for ACS (ACS)  (Barron's) Update:  Apple (AAPL) may be working on a touchscreen ...
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Big Stock Moves Of The Day (9/29/2009)

Posted: September 29, 2009 at 8:28 am

Aocording to Volume Spike Investor, several stocks are making significant moves before the open. Including in the list are Gannett (GCI) (details), BSD Medical (BSDM) (details), Walgreen (WAG) (details), Sequenom (SQMN) (details), ...
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The Fed Continues to Operate Blindly

Posted: September 29, 2009 at 8:17 am

By John Tamny For those who'd been optimistic that Federal Reserve officials might eventually wake up to the true nature of inflation, last week's FOMC meeting likely dashed all hope. ...
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nok

Despite The Recession, Dell (DELL) Goes Super High-End

Posted: September 29, 2009 at 6:06 am

Dell (DELL) may be taking a page from the Apple (AAPL) marketing manual. A PC with extraordinary features and a beautiful case will sell for more than $2,000, at least ...
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Ann

Retailer’s Lament: Halloween Sales Turn Ugly

Posted: September 29, 2009 at 5:49 am

Pinched between poor back-to-school sales and a holiday sales season that is anticipated to be the worse in years is Halloween which generally brings retailers about $5 billion. This year will ...
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bucks

Starbucks (SBUX): Instant Coffee=Instant Profits

Posted: September 29, 2009 at 5:32 am

Starbucks (SBUX) has been talking about its foray into the instant coffee business for some time. The product "VIA Ready-Brew" will actually launch in the US and Canada today. According ...
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oil

China Reaches Out Again For Crude Supply Domination

Posted: September 29, 2009 at 5:05 am

China has made aggressive investments in oil production facilities and fields in Venezuela, Brazil, and several places in the Middle East. Almost all its multi-billion dollar deals are aimed at locking up ...
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