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Daily Archives: December 14, 2009

No New CEO For B of A, Wells Fargo Repays TARP

Posted: December 14, 2009 at 6:41 pm

Citigroup's (NYSE:C) announcement that it will pay back its TARP funds was not enough news for the day from the banking sector. Bank of America (NYSE:BAC) will not hire Robert ...
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Top 50 Websites Dominated By Search And E-Mail (GOOG)(YHOO)(MSFT)(AOL)

Posted: December 14, 2009 at 4:40 pm

The Top Fifty websites based on their percent of US online visits from January to November 2009 are dominated by search and e-mail. The top dozen sites according to data from ...
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52-Week High Club (V, XTO, CAMD)

Posted: December 14, 2009 at 4:07 pm

California Micro Devices Corp. (NASDAQ: CAMD) surged over 53.11% to a yearly high of $4.67 after the chipmaker agreed to be bought out by ON Semiconductor Corp. (NASDAQ: ONNN) for ...
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Twelve Huge M&A Deals For 2010: The Stuff That Dreams Are Made Of

Posted: December 14, 2009 at 1:48 pm

M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began ...
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Schwab Only Partial Read on Online Brokers (SCHW, ETFC, AMTD)

Posted: December 14, 2009 at 12:45 pm

Charles Schwab Corp.(NASDAQ: SCHW) is acting as a drag on the online brokerage firms today.  Schwab warned that its fourth quarter results would come in weak due to lower trading ...
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SPAC Developments Ramping Into Year-End (KWIC, TWO, UEI, ARR, AXG, NLX, BPW, TLB, URX)

Posted: December 14, 2009 at 9:52 am

To close out the year, SPACs are pumping out deals one after another. However, as of late, some blank checks have not fared as well, and the NASDAQ and OTC ...
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Top Day Trader Alerts (AMZN, AXA, C, JAVA, ORCL, CAMD, XTO, V)

Posted: December 14, 2009 at 9:07 am

There are many key movers in day trader alert stocks this morning on news events.  We have covered each story with a link to more detail and analysis over at ...
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Today’s Best Market Rumors (12/14/2009) (AAPL)(GOOG)(AOL)

Posted: December 14, 2009 at 9:03 am

Updated throughout the day AOL (NYSE:AOL) is in talks to sell its ICQ operations to Russian interests.  (various) Google (NASDAQ:GOOG) will launch a new handset to be sold directly to consumers by-passing ...
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Bubble: Seeking A Useless Word’s Ban

Posted: December 14, 2009 at 8:34 am

John Tamny for Forbes The dictionary definition of the word "bubble" is "a nearly spherical body of gas contained in a liquid." But economists, market commentators and politicians have hijacked ...
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ExxonMobil & XTO: Big Oil Gets Even Larger (XOM, XTO)

Posted: December 14, 2009 at 8:19 am

Big oil is about to get even larger.  Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. (NYSE: XTO) announced an all-stock merger transaction valued at $41 billion.  This merger, ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (AOL, ARMH, XOM, FNSR, MJN, PALM, PMCS, RSH, SBIB, V)

Posted: December 14, 2009 at 8:08 am

These are Monday's top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Underperform at Credit Suisse. ARM Holdings (NASDAQ: ARMH) ...
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Citigroup (C) To Repay Government, But Payment May Come Too Early

Posted: December 14, 2009 at 5:58 am

There is finally news that Citigroup (NYSE:C) is close to repaying the government as much as $20 billion to return TARP funds so it can get out from under the government's thumb on issues such as compensation and board ...
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Toyota (TM) Means To Be First To The Plug-In Car Business

Posted: December 14, 2009 at 5:36 am

It is not entirely clear that consumers want plug-in electric cars, but that is not keeping Toyota (NYSE:TM) from marketing one, probably in two years. Hybrids are less expensive and ...
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The Google (GOOG) Phone And The Beginning Of The End For RIM

Posted: December 14, 2009 at 5:21 am

RIM's (NASDAQ:RIMM) stock has recovered some after several weeks of selling off due to the strength of the sales of the rival Apple (NASDAQ:AAPL) iPhone. In the meantime, RIM has ...
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Kraft (KFT) Has Lost The Battle For Cadbury (CBY)

Posted: December 14, 2009 at 5:03 am

Kraft (NYSE:KFT)' s hostile bid for Cadbury (NYSE:CBY) carries a value of $16.3 billion. Cadbury shares have recently traded above the level of the Kraft bid and the US company lost ...
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