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Monthly Archives: November 2009

nok

Motorola (MOT) Droid Visits Manhattan

Posted: November 6, 2009 at 1:32 pm

By Douglas A. McIntyre Some pieces of news are worth mentioning only in passing because they are interesting, but may not mean a thing. CNET says that over 100 people ...
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Is Citi’s Primerica IPO For You (C, MS)

Posted: November 6, 2009 at 12:36 pm

It has been some time in the making and won't be the last IPO or divestiture out of Citigroup Inc. (NYSE: C).  The company is proceeding to divest its Primerica ...
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GE Logo

GE No Rescue for Financial Junk Stocks (GE, FNM, FRE, AIG)

Posted: November 6, 2009 at 9:57 am

General Electric Co. (NYSE: GE) may be the one single bright spot taking the market higher this Friday when you consider the 10.2% unemployment rate and when you look over ...
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newspaper

Today’s Best Market Rumors (11/6/2009) (RTP)(BHP)(BRK.A)

Posted: November 6, 2009 at 9:17 am

Updated throughout the day. Citigroup (NYSE:C) will re-launch some of its least successful hedge funds  (FT) The stock market is at risk of not holding 10,000.  (TheStreet) AIG (NYSE:AIG) will not ...
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U3 and U6 October

Charting the Employment Data: Unemployment At 17.5%

Posted: November 6, 2009 at 9:03 am

Unemployment data were released today, showing the national rate to have reached 10.2% in October, its highest level since April of 1983.   This number is the Government's headline unemployment ...
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jobless-line-pic2

Double-Digit Unemployment… Just How Lagging Is It?

Posted: November 6, 2009 at 8:40 am

The Labor Department has just reported the unemployment rate and non-farm payrolls data for October.  It isn't pretty.  The unemployment rate screamed up into the double-digit territory to 10.2%.  The ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (AMZN, ANSS, BEBE, CAH, CNQ, CROX, GCO, PEET, O, SBUX)

Posted: November 6, 2009 at 8:29 am

These are this morning's top 10 analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com (NASDAQ: AMZN) Raised to Outperform at Bernstein and target raised from $125 ...
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china

China Goes To Texas: The Great Wind Farm Dispute

Posted: November 6, 2009 at 6:35 am

Chinese interests and private capital will build a huge wind farm in West Texas. China-based wind turbine firm A-Power Energy Generation Systems (NASDAQ:APWR) will lead the project. It will cost ...
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airplane

Airline Industry Gets Ugly Again As BA Fires 3,000

Posted: November 6, 2009 at 6:20 am

By Douglas A. McIntyre British Airways lost $485 million for the six months that ended in September. The airline's CEO Willie Walsh told the BBC that this has been the ...
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Geithner

US Guaranteed $4.5 Trillion In Financial Assets Creating Huge Taxpayer Risk

Posted: November 6, 2009 at 6:13 am

The Congressional Oversight Panel has issued its latest report on how the government's huge bailout of the financial system is going. The most startling part of the document is that it describes ...
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bucks

Starbucks (SBUX) And The Recovery Of The Upper Classes

Posted: November 6, 2009 at 5:56 am

Starbucks (NASDAQ:SBUX) does not hand out information about the demographics of its customers, but they are not likely to be people who are poor, indigent, or even lower middle class. ...
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welch

24/7 Wall St. CEO Of The Decade: Jack Welch

Posted: November 6, 2009 at 5:40 am

Who is the greatest American CEO of the last decade? Jack Welch, who retired as GE's (NYSE:GE) chief in 2001. He held his job at the head of the world's ...
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WMT

Wal-Mart (WMT) Drives Price Wars To DVDs

Posted: November 6, 2009 at 5:11 am

Wal-Mart (NYSE:WMT) is not satisfied challenging rivals like Amazon (NASDAQ:AMZN) and Target (NYSE:TGT) in the e-book and toy businesses. Its program to take the lion's share of the modest number ...
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nok

Time For T-Mobil To Be Sold To Sprint (S)

Posted: November 6, 2009 at 4:55 am

T-Mobile, the Deutsche Telekom-owned cellular carrier in America, is a failure and an abject one at that. The firm lost 77,000 subscribers in the third quarter. Most analysts blame the ...
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newspaper

Media Digest 11/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 6, 2009 at 3:58 am

Reuters:   The Wall St. insider trading probe lead to another 14 arrests.Reuters:   Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money.Reuters:   GM is readying its plans for Opel ...
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