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Daily Archives: November 11, 2009

china

China’s Artificial Recovery

Posted: November 11, 2009 at 5:55 am

China's industrial production was up more than 16% in October. Retail sales were up by about the same percentage, oddly enough. No one was shocked that exports fell a sharp 13.8%. The ...
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apple

Apple (AAPL) Moves To Conquer Its Next Frontier

Posted: November 11, 2009 at 5:41 am

The Holy Grail of consumer electronics is still a smashing success in the video game industry. Tens and tens of millions of Sony (NYSE:SNE) PS2s and PS3s were sold over the last decade. Microsoft ...
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hershey

The New Economy: Up 3% From Nothing

Posted: November 11, 2009 at 5:24 am

The CEO of American Express (NYSE:AXP) Kenneth Chenault said that credit card spending by his customer was up 3% in October compared to September and up 1% from October of last ...
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car

NBCU CEO Will Stay On As Will Problems

Posted: November 11, 2009 at 5:01 am

NBCU CEO Jeff Zucker was well-educated at Harvard. He is well liked by his managers at GE (NYSE:GE). He is well-regarded within the entertainment history. And, NBCU has done almost nothing to distinguish itself ...
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bank

Dodd’s Follies: The Most Complex Financial Regulatory System In The World

Posted: November 11, 2009 at 4:48 am

Senator Christopher Dodd put out his draft bill which calls for the most significant overhaul in government financial regulation is over a century. The “Restoring American Financial Stability” document has ...
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bear

Short Sellers Abandon Financials (WFC)(CIT)(BAC)(JPM)

Posted: November 11, 2009 at 4:24 am

Short sellers have bought into the notion that the financial industry is in full recovery. Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short ...
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newspaper

Media Digest 11/11/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Posted: November 11, 2009 at 4:09 am

Reuters:   Two Bear Stearns hedge fund managers were acquited. Reuters:   Zucker, NBCU's current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE (NYSE:GE). Reuters:  Dodd's ...
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china

Asia Markets and Europe Open (11/11/2009)

Posted: November 11, 2009 at 3:30 am

Markets in Asia were mixed The Nikkei rose a fraction to 9,871. Japan Air rose on news it may get government funding. Mitsubishi UFJ (NYSE:MTU) also rose. The Hang Seng was ...
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