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Monthly Archives: October 2009

Potential Breakthrough in Esophagus Cancer (CTIC)

Posted: October 1, 2009 at 6:31 am

Cell Therapeutics, Inc. (NASDAQ: CTIC) has announced what may be a large breakthrough in the fight against cancer.  This is a combined test rather than as a standalone treatment, but ...
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bear

KKR Finally Goes Public

Posted: October 1, 2009 at 6:08 am

KKR wanted to follow Blackstone (BX) into the public markets, but the recession and credit crisis ruined that dream. Blackstone's shares were so badly beaten down that the KKR partners ...
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ford

Value Of Dollar Killing Japanese Car Profts, Could Help The Big Three

Posted: October 1, 2009 at 5:53 am

The expected recovery of the American car business was supposed to be based on huge cost cuts at all three domestic companies and improved product lines based largely on a ...
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house

With $2 Billion Profit Potential GE (GE) Won’t Sell NBCU

Posted: October 1, 2009 at 5:36 am

GE (GE) won't sell its NBC Universal division, at least not at the price levels that are being rumored. It is unlikely that in the current economic environment that GE ...
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bank

IMF Increases US GDP Growth Rate More Than China’s

Posted: October 1, 2009 at 5:03 am

The IMF upgraded its estimates for 2010 GDP growth in almost every country and region in the world based on its belief that the recession is receding rapidly into the past. ...
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cisco

Cisco (CSCO), Unable To Help Itself, Buys Tandberg

Posted: October 1, 2009 at 4:42 am

Cisco (CSCO) continues to buy companies at a rapid-fire pace. It added video infrastructure and transport company Tandberg to its video hardware and software portfolio, paying $3 billion in cash ...
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newspaper

Media Digest 10/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 1, 2009 at 4:08 am

Reuters:   Ken Lewis will step down as CEO of Bank of America (BAC) Reuters:   Cisco (CSCO) bought Tandbeg  for $3 billion. Reuters:   The IMF raised forecasts for US GDP but ...
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china

Asia Markets And Europe Open 10/1/2009

Posted: October 1, 2009 at 3:27 am

Markets in Asia were mixed with China closed for a holiday. The Nikkei was off 1.5% to 9,977. Mitsubishi UFJ  (MYU) fell further. At the open in Europe, the FTSE ...
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