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Monthly Archives: December 2009

Financials Right Under Key Technical Alert Levels (BAC, JPM, WFC, GS, C, FAS, XLF, FAZ)

Posted: December 24, 2009 at 11:15 am

Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day ...
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Today’s Best Market Rumors (12/24/2009)

Posted: December 24, 2009 at 9:35 am

Updated throughout the day. The CEOs of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are each expected to be rewarded with $4 million to $6 million pay packages  (various). California ...
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A Gold Merger Fight for the Holidays (GG)

Posted: December 24, 2009 at 9:21 am

With gold up over $1,000.00 per ounce and with many pundits looking for much higher prices into 2010 and beyond, it has been a bit of a wonder where the ...
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Fewer Firings at Jobs Before Christmas

Posted: December 24, 2009 at 8:54 am

It seems that employers refrained from as many firings the week before Christmas this year.  The data from the Labor Department showed that initial jobless claims fell by 28,000 to ...
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The Link Between The Economy And Oil Prices Strengthens

Posted: December 24, 2009 at 6:01 am

The link between the global economy and oil prices may have "de-coupled" in July 2008 as oil prices rose to $140 and the recession took hold across most economies around ...
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Large Numbers Of TARP Recipients Skip Dividend Payments

Posted: December 24, 2009 at 5:46 am

Almost all the very large financial firms that got TARP money have repaid it with Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) getting their money back to the Treasury just as the ...
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Chavez May Push Car Companies Out Of Venezuela

Posted: December 24, 2009 at 5:30 am

Hugo Chavez, Venezuela's president-for-life, has pushed major oil companies that would not pay tariffs to his government and give up some of their assets out of the South American nation. ...
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Investors Ignore Securities Analysts

Posted: December 24, 2009 at 5:14 am

Wall St. firms have cut the number of securities analysts they employ since the scandal of 2000 when some professional stock pickers aligned themselves too closely with the M&A bankers who they ...
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The Car Industry Dodges The Pay Czar

Posted: December 24, 2009 at 5:00 am

Pay czar, Kenneth Feinberg, has been fairly consistent in giving only bare-bones compensation to management at firms that have taken TARP funds. Most executives are making less than $500,000 in ...
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The Whole World Moves To Texas

Posted: December 24, 2009 at 4:51 am

The Brookings Institution, The New York Times, and Bloomberg all covered the news that Texas added more people than any other state between July of 2008 and this past July,  ...
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Media Digest 12/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 24, 2009 at 3:57 am

Reuters:   Pay czar Feinberg approved compensation at several bailed out firms. Reuters:   Oil moved above $77 as US crude stocks dropped. Reuters:   The US is probing some banks about their ...
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Asia Markets And Europe Open (12/24/2009)

Posted: December 24, 2009 at 3:28 am

Markets in Asia were mostly higher with Hong Kong closed. The Nikkei rose 1.5% to 10,537. The Shanghai Composite was up 2.6% to 3,153. At the open in Europe, the FTSE was flat ...
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Apple’s (AAPL) Jobs Worked For $1, But Owns 5.5 Million Shares

Posted: December 23, 2009 at 6:18 pm

Steve Jobs, the CEO of Apple (NASDAQ:AAPL), is doing fine, financially. He took a salary of just $1 last year but owns 5.546 million Apple shares. The stock trades above ...
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Journalists Write-Up Apple (AAPL) Rumors, With Nothing To Do As Financial News Fades

Posted: December 23, 2009 at 4:28 pm

The legitimate press is hardly legitimate any more.  The number of rumors about Apple (NASDAQ:AAPL) each week can reach a dozen. Most of them turn out to be false. Apple ...
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MEMC’s Solar Christmas Order (WFR, XEL)

Posted: December 23, 2009 at 3:24 pm

If anyone in the solar space could use an order for Christmas, it is MEMC Electronic Materials Inc. (NYSE: WFR).  The company's SunEdison solar services unit, just received an order ...
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