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Daily Archives: November 1, 2009

china

The China Stimulus Follies

Posted: November 1, 2009 at 7:07 pm

China managed to pull another rabbit out of its growth hat. The world's most populous nation said its GDP grew 8.9% in the third quarter. Some outside analysts are skeptical ...
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24/7 WallSt TV

24/7 WallSt TV: Kraft (KFT) Does Its Shareholders No Favor: Gets Hostile With Cadbury

Posted: November 1, 2009 at 6:04 pm

The efforts of Cadbury's board to keep the company out of the clutches of Kraft (NYSE:KFT) will likely fail because no second bidder has emerged. The Times says that Kraft ...
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TV

CIT (CIT) Prepares Chapter 11

Posted: November 1, 2009 at 2:14 pm

According to The Wall Street Journal, CIT (NYSE:CIT) will file for Chapter 11 today. Bondholders will probably provide $4.5 billion in financing for a prepackaged bankruptcy. Senior creditors will likely get ...
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uncle sam

US Kicked Out Of Top Spot In World Economic Forum Survey

Posted: November 1, 2009 at 12:03 pm

The World Economic Forum published its most recent Financial Development Report. In the executive summary of the study, written by Nouriel Roubini and James Biodeau, fifty-five countries were graded on ...
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bull-and-bear-image2

The Unusual Suspects (BEAT, CIT, CIT-PZ, GNW, GFIG, HGSI, GSK, MCO, BRK-A, RVSN, CSCO)

Posted: November 1, 2009 at 11:33 am

Earnings season is seeming to wind down here, but that won't stop the unusual suspects of key equity events and issues to watch this coming week.  We are looking into ...
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ford

UAW Drives Ford (F) Off A Cliff

Posted: November 1, 2009 at 8:47 am

The UAW rank-and-file rejected a labor pact with Ford (NYSE:F) even though the car company offered each member of the union $1,000 to agree to the deal  The No.2 US auto ...
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