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Monthly Archives: October 2009

WMT

Wal-Mart (WMT) Joins E-Book Wars

Posted: October 16, 2009 at 5:07 am

The competition in the e-reader and e-book industries gets more brutal by the day. Amazon (NASDAQ:AMZN) is the e-reader leader because of the success of its Kindle. Other companies including ...
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newspaper

Media Digest (10/16/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 16, 2009 at 4:04 am

Reuters:   Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters:   Bank of America's (NYSE:BAC) Lewis will skip 2009 pay. Reuters:   Japan Airlines says bankruptcy is an option to solving its ...
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china

Asia Markets And Europe Open (10/16/2009)

Posted: October 16, 2009 at 3:28 am

Markets in Asia were mixed. The Nikkei rose .2% to 10,258. The Hang Seng fell .1% to 21,988. Petro China (NYSE:PTR) was up but Sinopec (NYSE:SNP) fell. The Shanghai Composite ...
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24/7 WallSt TV

24/7 Wall St. TV: Tough Earnings At IBM And Google

Posted: October 16, 2009 at 12:00 am

IBM (NYSE:IBM) and Google (NASDAQ:GOOG) each reported better-than-expected earnings. Wall St.’s reaction to the Google numbers was muted and its stock moved up 3% to $547. IBM raised its guidance ...
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youtube

IBM (IBM) And Google (GOOG): The Corporate Recovery Has Not Arrived

Posted: October 15, 2009 at 7:39 pm

IBM (NYSE:IBM) and Google (NASDAQ:GOOG) each reported better-than-expected earnings. Wall St.’s reaction to the Google numbers was muted and its stock moved up 3% to $547. IBM raised its guidance ...
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bear

Specter of MRI Disease Haunts GE

Posted: October 15, 2009 at 6:45 pm

by Jeff Gerth, ProPublica In May 2006, medical regulators in Denmark issued a warning that signaled trouble for General Electric (NYSE:GE). Danish researchers noted that, over a four-year period, 25 ...
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ewis

Bank Of America’s (BAC) Ken Lewis: You Can Keep Your Job, But Not Your Salary

Posted: October 15, 2009 at 5:46 pm

Bank of America (NYSE:BAC) CEO Ken Lewis is still the firm's CEO. He was going to leave at the end of the year. The board of the bank would like ...
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Money Stack Image

Level 3 Filing Pressure Shares, Maybe Unjustly (LVLT)

Posted: October 15, 2009 at 4:49 pm

Level 3 Communications, Inc. (NASDAQ: LVLT) has just disclosed in an SEC filing the "Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant."  ...
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IBM (IBM) Earnings OK, But Hardware Sales Hurt

Posted: October 15, 2009 at 4:20 pm

IBM (NYSE:IBM) slightly beat Wall St. estimates with EPS of $2.40, an 18% improvement over the same period a year ago.  The consensus estimate for the  quarter was $2.38 . The ...
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GOOG Image

Google Delivers (GOOG)

Posted: October 15, 2009 at 4:18 pm

Google Inc. (NASDAQ: GOOG) has just reported earnings of $5.89 non-GAAP EPS and revenues of $5.94 billion gross and $4.38 billion on an ex-TAC basis.  Thomson Reuters had estimates for ...
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52-Week High Club

Posted: October 15, 2009 at 4:07 pm

Polaris Industries Inc. (NYSE: PII) rallied over 11% to a yearly high of $49.36 after the ATV manufacturer announced that it expects 4Q profits to beat estimates. Manhattan Associates Inc. ...
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Unusual Options Trading Patterns (SUN, VLO, TSO, FTO, GE, GOOG, IBM, PFE, WYE)

Posted: October 15, 2009 at 2:50 pm

We are starting to see some elevated options trading that appeared on the unusual volume screens.  Many of these are pre-earnings trading and some are on other expectations.  We have ...
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Money Image

Bove Still Bullish, A Double For Citigroup (GS, C)

Posted: October 15, 2009 at 12:41 pm

Calling for more and more gains after what we have seen in the troubled financial sector is a tough call on the surface.  Yet, that is what Rochdale's Dick Bove ...
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refinery-image

Refineries Throw Wrench in Oil Inventory Data (OIH, DIG, USO, OIL)

Posted: October 15, 2009 at 11:34 am

As usual, the weekly energy inventories data is giving a picture that can be construed as bullish or bearish for the price of oil and gas, yet there is a ...
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nok

Google (GOOG) Looks For Amazon’s (AMZN) Weakness

Posted: October 15, 2009 at 11:31 am

Too many companies want to compete with Amazon's (NASDAQ:AMZN) relatively successful Kindle unit, although investors are concerned that the devices, priced at $249, will never have mass market appeal. Barnes ...
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