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Daily Archives: December 2, 2009

Bank of America Free to Exit TARP (BAC)

Posted: December 2, 2009 at 5:24 pm

Bank of America Corporation (NYSE: BAC) will soon be out of the TARP.  The report was first out by CNBC's Charlie Gasparino right after 5 PM that Bank of America ...
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GM CEO Whitacre May Stay Until He Is 100

Posted: December 2, 2009 at 3:37 pm

GM Chairman and interim CEO Ed Whitacre said he has no idea how long it will take to find a permanent chief. He told GM employees it could take a ...
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Stem Cell Stocks Take Off (ASTM, GERN, OPXA, STEM)

Posted: December 2, 2009 at 3:35 pm

Tickerspy's Stem Cell Stock Index (*RSXTM) took off today, rising nearly 13%.  The movement followed a release from the National Institutes of Health  (NIH) announcing that 13 embryonic stem cell ...
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Beige Book Turns Almost Optimistic in December

Posted: December 2, 2009 at 2:11 pm

The Federal Reserve Board's Beige Book has offered a dismal report and dismal outlook for what is roughly two years now.  That can't be a shock considering how crummy the ...
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Reynolds: Smoking to Smoking Cessation (RAI, GSK)

Posted: December 2, 2009 at 1:57 pm

Reynolds American Inc. (NYSE: RAI) has an interesting approach in M&A today.  The deal is a tiny merger valued at $44 million when you consider that Reynolds has almost a ...
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The Ten Brands That Will Disappear In 2010

Posted: December 2, 2009 at 12:00 pm

24/7 Wall St. has prepared its list of the ten brands that will disappear in 2010. This list is based on a review of each firm's financial situation and other ...
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Time Warner, AOL & Others See Index Fund Activity (RBC, ALGT, AOL, TWX, AVCT, EMR)

Posted: December 2, 2009 at 11:31 am

Standard & Poor's is making several index changes in the coming trading days.  While Regal Beloit Corp. (NYSE: RBC) and Allegiant Travel Co. (NASDAQ: ALGT) are moving up in the ...
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Solid Oil Inventory Data, Mixed Metrics (OIH, DIG, USO, OIL)

Posted: December 2, 2009 at 10:56 am

The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some ...
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Fallout from Nokia-Siemens Against CIENA Nortel (CIEN, NRTLQ, NOK, SI, TLAB, JDSU)

Posted: December 2, 2009 at 10:36 am

CIENA Corp. (NASDAQ: CIEN) has been under pressure for increasing its bid for the Nortel optical networking unit in the Nortel Networks Corp. (NRTLQ) bankruptcy.  But now there is a ...
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Secondary Offerings Keep Mounting (CAST, RGNC, SD, TRMK, HGSI)

Posted: December 2, 2009 at 9:40 am

This morning we have another flurry of secondary offerings that are hitting the market.  Today's tally comes to what looks like more than $500 million being absorbed by the public ...
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Today’s Best Market Rumors (12/2/2009) (KFT)(NYT)(GE)

Posted: December 2, 2009 at 9:09 am

Updated throughout the day. Vivendi will get no upfront cash from GE (NYSE:GE) for the sale of its stake in NBCU (Reuters) More that one of the candidates for the ...
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Top Day Trader Alerts (DDRX, GMCR, PEET, SOMX, NVAX, DYAX, RFMD, HEB)

Posted: December 2, 2009 at 8:46 am

These are this Wednesday's top day trader and active trader alert stocks with links to VSInvestor.com for more detailed data and analysis: Diedrich Coffee Inc. (NASDAQ: DDRX) is up again ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (AEP, ARRS, AGO, IRE, ESRX, KBH, MTL, MU, RFMD, SPG)

Posted: December 2, 2009 at 7:55 am

These are ten of the top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls this Wednesday morning: American Electric Power (NYSE: AEP) Started as Buy at ...
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B of A Candidates Support Breaking Up Operation

Posted: December 2, 2009 at 7:12 am

It does not say much for the future of plans to rebuild Bank of America NYSE:(BAC) that major candidates for the CEO position question the board's strategy for running the ...
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The Dow Heads Toward A 12,000 Year-End Close

Posted: December 2, 2009 at 6:04 am

It would have been preposterous to say the DJIA could close the year at 12,000 back in March when it dropped below 6,600. The market is up 60% since then ...
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