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Monthly Archives: October 2009

Federal Deficit News Better Than Expected

Posted: October 17, 2009 at 8:16 am

Table 1. Total Receipts, Outlays, and Deficit (in billions of dollars)   Receipts Outlays Deficit FY2008 Actual 2,524 2,978 -455 FY2009 Estimates     May 2009 Budget 2,157 3,998 -1,841     August ...
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GM May Get Opel Back–With Chinese Help

Posted: October 17, 2009 at 7:59 am

When GM"s board was mulling its options for its European operation including Opel, there were rumors that it might simply choose to keep the company and ride out the car ...
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52-Week High Club

Posted: October 16, 2009 at 4:13 pm

Tempur-pedic International Inc (NYSE: TPX) shares rallied over 3% to a yearly high of $22.29 after the company raised its FY09 estimates yesterday afternoon. Columbia Sportswear (NASDAQ: COLM) hit a ...
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Martha Stewart & Kmart Get a Divorce (MSO, SHLD, HD)

Posted: October 16, 2009 at 2:29 pm

Martha Stewart Living Omnimedia Inc. (NYSE: MSO) has just released a headline titled "Martha Stewart Living Omnimedia Issues Statement."  Unfortunately, this 'statement' is that the relationship between Martha and Sears ...
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Next Week’s Top 10 Earnings on Deck (AAPL, UNH, YHOO, FCX, WFC, T, MCD, POT, MSFT, SLB)

Posted: October 16, 2009 at 1:12 pm

We have almost an endless wave of corporate earnings for the calendar Q3-2009 coming out next week.  We have what looks to be over 100 of the S&P 500 Index ...
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Worth Noting: Acer Passes Dell (DELL) Worldwide And Apple (AAPL) In US

Posted: October 16, 2009 at 12:33 pm

A number of media sources are reporting that Taiwan-based Acer has passed Dell (NASDAQ:DELL) to become the No. 2 PC-maker in the world. Research firm IDC reports that Hewlett-Packard (NYSE:HPQ) ...
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Palomar Dumped by J&J (PMTI, JNJ)

Posted: October 16, 2009 at 10:16 am

Palomar Medical Technologies Inc. (NASDAQ: PMTI) is getting hit very hard.  The company issued a press release saying "Palomar to Commercialize FDA Cleared Over-The-Counter Home Use Wrinkle Treatment Laser Device ...
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IPO ALERT: China Real Estate Information Involves Other Companies (CRIC, EJ, SINA)

Posted: October 16, 2009 at 9:21 am

China Real Estate Information Corporation (NASDAQ: CRIC) has priced its 18 million share initial public offering at $12.00 per share.  While this is not an easy structure, this IPO has ...
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Today’s Best Market Rumors (10/16/2009) (AKAM)(KFT)(BRCD)(MSFT)

Posted: October 16, 2009 at 9:18 am

Updated throughout the day. Update 10:41 AM EST: Two traders calling Dendreon Corp. (NASDAQ: DNDN) as a takeover stock, again... We are inclined to treat this as a failed Friday ...
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Top Day Trader Alerts (GOOG, BAC, GE, AMD)

Posted: October 16, 2009 at 8:40 am

We are seeing a far less amount of major movers with huge percentage gains and losses this morning.  The top day trader alert stocks have been noted here with more ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (AAPL, GOOG, CME, FFIV, HOG, ICE, NDAQ, NTRI, SGMS, URBN)

Posted: October 16, 2009 at 8:12 am

These are the top ten stocks seeing analyst upgrades, downgrades, and initiations from Wall Street early this Friday morning: Apple Inc. (NASDAQ: AAPL) was given a cautious call from Oppenheimer, ...
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GE (GE) Takes On Water On Healthcare, Transportation, And Financial Results

Posted: October 16, 2009 at 7:34 am

GE''s (NYSE:GE) earnings were hurt by results from its financial unit, but that was only the beginning of the company's  problems. The conglomerate announced  third-quarter 2009 earnings from continuing operations ...
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Oil And A Double-Dip Recession

Posted: October 16, 2009 at 6:04 am

It is easy to forget how important sub-$40 oil prices were at the beginning of this year as the world dove into recession. If crude had been above $140 as ...
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Wasserstein And The CEO Health Disclosure Issue (NYSE:LAZ)

Posted: October 16, 2009 at 5:51 am

Bruce Wasserstein, the CEO of Lazard (NYSE:LAZ) and by far its most important employee, became ill over the weekend, with heart problems. He died on Wednesday. The company described his condition ...
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24/7 Wall St. Interview With Jason DeSena Trennert

Posted: October 16, 2009 at 5:24 am

24/7 Wall St. is conducting a series of interviews with prominent economist and market strategist. Jason DeSena Trennert is the Managing Partner, Chief Investment Strategist at Strategas Research Partners LLP. ...
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