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Monthly Archives: September 2009

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Palm Boosts & Prices Secondary Offering (PALM)

Posted: September 23, 2009 at 7:37 am

Palm, Inc. (NASDAQ: PALM) has priced its public secondary offering of 20 million shares at a price of $16.25 per share.  This is a fter a $17.07 close yesterday.  Palm ...
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uncle sam

Extended Unemployment Payments In 27 States: What About The Other 23?

Posted: September 23, 2009 at 6:03 am

Congress has passed a law extending unemployment insurance in the 27 states where the jobless rate  is above 8.5%. The bill passed by a margin of 331-83, so it had ...
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TV

Yahoo!’s Curious $100 Million Marketing Program

Posted: September 23, 2009 at 5:48 am

Yahoo! (YHOO) will spend $100 million marketing itself to Internet users over the next 15 months. That is odd because there is probably in not a man, woman, or child ...
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china

China’s Trade Strategy: Appeal All Negative Rulings

Posted: September 23, 2009 at 5:35 am

China's new trade strategy is simple. It appeals all cases that go against it at the WTO. China recently faced US tariffs on its tires. China quickly turned around and ...
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apple

Apple (AAPL) iPhone Goes To Korea

Posted: September 23, 2009 at 5:14 am

South Korea has become the latest country to open up to sales of the Apple (AAPL) iPhone. According to The Wall Street Journal, The Korea Communications Commission has approved the ...
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ewis

Legal Issue: Bank Of America (BAC) Gives Congress Documents

Posted: September 23, 2009 at 5:04 am

The legal issue of attorney-client privilege is heating up as Bank of America (BAC) is turning some documents over to a Congressional committee that wants details of the bank's buyout ...
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Media Digest 9/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 23, 2009 at 4:02 am

Reuters:   A dispute over tires is making trade talks among G20 nations difficult. Reuters:   Bank of America (BAC) will give Congress documents about Merrill. Reuters:   Th G20 is looking at ...
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china

Asia Markets And Europe Open 9/23/2009

Posted: September 23, 2009 at 3:23 am

Markets in Asia were lower, and Japan was closed for holidays. The Hang Seng dropped .6% to 21,573. HSBC (HBC) fell but Geely Automotive rose. The Shanghai Compsite fell 1.9% ...
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52-Week High Club

Posted: September 22, 2009 at 4:32 pm

Gap Inc. (NYSE: GPS)  hits a yearly high of $22.54.  Fellow retailers Polo Ralph Lauren (NYSE: RL),  American Eagle Outfitters (NYSE: AEO) and J. Crew Group (NYSE: JCG) also hit ...
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Is Clorox Really Buyout Bait? (CLX, PG)

Posted: September 22, 2009 at 2:49 pm

Clorox Corporation (NYSE: CLX) gave us a volume alert earlier today which was later summarized over for Volume Spike.  This generally slow-moving consumer products company is trading up with elevated ...
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apple

Amazon (AMZN): All AT&T (T) Phones–A Penny A Piece

Posted: September 22, 2009 at 1:30 pm

Jeff Bezos, the founder and CEO of Amazon (AMZN),  is known for being eccentric, but his new handset offer may be taking that act a bit too far. Every cellphone ...
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24/7 WallSt TV

24/7 Wall St. TV: GM Dealers Opt Out Of 60 Day Deal

Posted: September 22, 2009 at 10:41 am

Some GM dealers have elected to opt out of the car company’s 60-day satisfaction guarantee program. Under the terms of the promotion a buyer can purchase a Chevy, Buick, GMC ...
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SPAC Merger Votes This Week; More Deal Votes Announced (GHQ, TOH, CLA, HLD, GHC, DSP)

Posted: September 22, 2009 at 9:57 am

SPACupdate.com monitors live deals involving blank check companies, associated stock and warrant transactions and relevant personnel moves. This week brings several issues and votes  in the special purpose acquisition company ...
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Top Day Trader Alerts (AOB, DPTR, ETFC, C, FNM, FRE, AIG)

Posted: September 22, 2009 at 9:02 am

These are this Tuesday morning's top day trader alert stocks and actively trade stocks.  We have more detailed price and volume analysis and data on each stock with links provided ...
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Wall Street Pay Curbs Are Naive and Unnecessary

Posted: September 22, 2009 at 8:49 am

By John Tamny of RealClearMarkets Last week it was announced that the Federal Reserve would move forward on its plan to police and restrict pay among employees of large financial ...
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