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Monthly Archives: December 2009

Home Values Get More Stable

Posted: December 9, 2009 at 5:20 am

Zillow, the real estate home price research company, says that the value of residential real estate ended its sickening drop in 2009. The firm's chief economist writes, "Total home values ...
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The Myth Of American Car Quality (F)(TM)(HMC)

Posted: December 9, 2009 at 5:06 am

JD Power’s Sales Satisfaction Index Study for 2009 has been published. The research firm questioned 48,000 people. American cars did well as they have for several years in the Powers ...
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The US Prepares To Go “All In” To Save The Economy

Posted: December 9, 2009 at 4:58 am

There is still a place in the world of economists where the Tooth Fairy visits. It is where those who believe unemployment is about to improve, consumers will have access to growing ...
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Media Digest 12/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 9, 2009 at 3:53 am

Reuters:   China remains a top investment place for US firms. Reuters:   Suzuki sold a stake to VW. Reuters:   The Administration will extend TARP until next October. Reuters:   The Congressional Oversight ...
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Asia Markets And Europe Open (12/9/2009)

Posted: December 9, 2009 at 3:22 am

Markets in Asia fell sharply. The Nikkei dropped 1.3% to 10,005. Honda (NYSE:HMC) and Toyota (NYSE:TM) fell. The Hang Seng was off 1.4% to 21,761. HSBC (NYSE:HBC) fell. The Shanghai ...
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TI.. Good, Not Good Enough (TXN)

Posted: December 8, 2009 at 4:41 pm

Texas Instruments Incorporated (NYSE: TXN) raised guidance at its mid-quarter update.  The problem is that looks like it has already been baked into the cake after seeing rivals make their ...
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52-Week High Club (FDX, QDHC, RWC)

Posted: December 8, 2009 at 4:04 pm

FedEx Corporation (NYSE: FDX) rose over 3.5% to a yearly high of $90.62 after the nations second largest package shipping company announced that it will report earnings of $1.10 per ...
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Hedge Funds Back to $2 Trillion in Assets

Posted: December 8, 2009 at 3:05 pm

The hedge fund industry is back to having assets worth more than $2 trillion in November, according to Hedgefund.net.  The gain of 3.39% came to $2.037 trillion for the hedge ...
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Tiger Brand Death (PEP, ACN, AXP, ERTS, NKE)

Posted: December 8, 2009 at 2:07 pm

Tiger Woods has been the dominating news force over the last week.  It has been such a distraction that we have even worried that this would take everyone's eyes and ...
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Auto Customer Satisfaction: Discountinued Pontiac And Saturn Do Well

Posted: December 8, 2009 at 1:50 pm

J. D. Power and Associates released its new 2009 sales satisfaction index. The survey covers responses from 48,000 people and "is measured for five factors: dealership facility; salesperson; paperwork/finance process; delivery process; ...
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CIT Group Exits Bankruptcy, Wiping Out Old Holders (CIT, CITGQ)

Posted: December 8, 2009 at 1:38 pm

CIT Group Inc. (OTC: CITGQ) is emerging from bankruptcy.  The company has just announced that its prepackaged plan of reorganization was confirmed by the United States Bankruptcy Court for the ...
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Cisco Analyst Day: Chambers Outlines Challenge & Opportunity (CSCO, EMC, VMW, HPQ, COMS)

Posted: December 8, 2009 at 12:22 pm

Cisco Systems Inc. (NASDAQ: CSCO) is hosting its analyst day today, and we have been listening to comments and reviewing some of the data at its slide show.  CEO John ...
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Greece’s Rating Woes Weigh on Greek ADRs (NBG, OTE, CCH, DRYS, DSX, EXM, NM, TOPS, TNP)

Posted: December 8, 2009 at 10:48 am

Fitch Ratings joined in with a downgrade of Greece's credit rating following a similar action yesterday by Standard & Poor's. The downgrade this morning was to "BBB+" from "A-"... and ...
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New ETF Launch: Chinese Tech Stocks (CQQQ, BIDU, NTES)

Posted: December 8, 2009 at 10:03 am

Claymore Securities, Inc. is launching the Claymore China Technology ETF (NYSE: CQQQ).  This is said to be the first exchange traded fund with a specific focus on the Chinese technology ...
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Talbots Surprising SPAC Merger (BPW, TLB)

Posted: December 8, 2009 at 9:47 am

The world of special purpose acquisition companies is already a strange one that offers a bit of individualized private equity via the stock market.  The deal between BPW Acquisition Corp. ...
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