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Monthly Archives: November 2009

Top 10 Analyst Upgrades, Downgrades, Initiations (ABC, ASML, CAH, CVS, ESRX, INTC, MRVL, MHS, SOLF, TXN)

Posted: November 19, 2009 at 8:12 am

These are this Thursday's top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AmerisourceBergen (NYSE: ABC) Started as Buy at UBS. ASML (NASDAQ: ASML) Cut to ...
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US Recovery Expected To Outpace Europe

Posted: November 19, 2009 at 6:10 am

The OECD expects the economic recovery in the US to be significantly better than in Europe. In its new Economic Outlook survey the agency says US gross domestic product (GDP) is ...
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GE (GE) Waves Goodbye To A Strong 2010 Performance

Posted: November 19, 2009 at 6:00 am

John Rice, chief executive of GE's technology infrastructure division, told Reuters that he expects results at his business to be weak in 2010. "We're not expecting a significant growth rate next ...
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GM’s Non-IPO IPO

Posted: November 19, 2009 at 5:48 am

Both the government and GM management are talking about an IPO at the end of 2010 that would allow the taxpayers to get the money that they put into the ...
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Obama Warns About “Double Dip” Recession

Posted: November 19, 2009 at 5:35 am

The President is supposed to talk about how much the economy is improving, not how bad it could be. Mr. Obama broke with the approach by saying that "It is important ...
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One Million Americans Face Loss Of Jobless Benefits In January

Posted: November 19, 2009 at 5:22 am

The National Employment Law Project says that the public's perception of what will happen to insurance benefits for the unemployed early next year is flawed. Most press reports on Congressional ...
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Media Digest 11/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 19, 2009 at 4:04 am

Reuters:   Senate Democrats unveiled their healthcare plan. Reuters:   Hedge fund manage Griffin has rebounded from losses. Reuters:   GM must pay its debt and become profitable before an IPO. Reuters:   Kraft ...
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Asia Markets And Europe Open (11/19/2009)

Posted: November 19, 2009 at 3:28 am

Markets in Asis were mixed. The Nikkei fell 1.3% to 9,549. Mitsubishi UFJ (NYSE:MTU) fell. Honda (NYSE:HMC) and Toyota (NYSE:TM) fell. Sony (NYSE:SNE) was also off. The Hang Seng dropped ...
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Major Rumor: CBO Says Senate Healthcare To Cost $849 Billion

Posted: November 18, 2009 at 6:07 pm

At this point it is simply a rumor, but The Wall Street Journal reports that : "Senate Democrats' health-care legislation has been estimated to cost $849 billion and to reduce the ...
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24/7 Wall St. TV: Sony e-Reader To Ship Late Adding To Company Woes

Posted: November 18, 2009 at 5:42 pm

The management at Sony (NYSE:SNE) looks more and more like "The Gang That Couldn't Shot Straight." Its TV screen business is losing money. Most months, sales of the PS3 fall ...
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Paulson Making Gold Rush Self-Fulfilling Prophecy (GLD, KGC, AU)

Posted: November 18, 2009 at 5:23 pm

A broker noted something about this yesterday as a gold bug, and frankly it seemed far-fetched considering the size of the move we have already seen in recent weeks and ...
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52-Week High Club (AMD, ASMI, ALV, CHS, GGWPQ, LFT, DE)

Posted: November 18, 2009 at 4:15 pm

Advanced Micro Devices Inc. (NYSE: AMD) rose over 10% to a yearly high of $7.33 after the computer processor maker announced today that it would offer $500 million in senior ...
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Thursday Earnings Retail Bonanza (DKS, FL, GPS, ROST, SHLD, BKE, PLCE, WTSLA, WSM, ZUMZ)

Posted: November 18, 2009 at 3:38 pm

The earnings season is mostly winding down, but we still have a slew of retail earnings in the apparel and home categories.  On Thursday alone, we have earnings from Dick’s ...
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Mitsubishi UFJ (MTU): Banks Have Access Capital Markets

Posted: November 18, 2009 at 1:33 pm

Large U.S. banks have raised money to improve their capital position this year, in some cases because the government required them to do so. Bank analysts have worried that ...
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Risks in Geithner’s Call For More Lending

Posted: November 18, 2009 at 12:16 pm

U.S. Treasury Secretary Timothy Geithner spoke this morning and has effectively called for banks which have received government bail-out funds to boost their lending activities.  Geithner noted that a lack ...
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