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Monthly Archives: December 2009

E-Commerce Posts Record Day Over $900 Million

Posted: December 21, 2009 at 5:06 am

The e-commerce industry posted its first $900 million day, ever. Online research firm comScore reports that on December 15, e-commerce sales hit $913 million. The surge held put holiday online sales up ...
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Verizon Wireless To Set $350 Fee To Break Cellular Contracts

Posted: December 21, 2009 at 4:56 am

Cellular service users have been upset for years that the companies that give them their wireless connections often charge large fees if they break their contracts. Verizon Wireless (NYSE:VZ)(NYSE:VOD) has decided ...
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Media Digest 12/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 21, 2009 at 3:55 am

Reuters:   The healthcare bill moved over key hurdles in the Senate. Reuters:   Oil is above $73 on Iran-Iraq tensions. Reuters:   Citadel filed for Chapter 11. Reuters:   The head of AIG ...
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Asia Markets And Europe Open (12/21/2009)

Posted: December 21, 2009 at 3:23 am

Markets in Asia were mixed. The Nikkei rose .4% to 10,183. Sony (NYSE:SNE) and Mitsubish UFJ (NYSE:MTU) rose. The Hang Seng was off 1% to 20,697. HSBC (HNYSE:HBC) dropped. The ...
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The Unusual Suspects (BMY, CNO, HMIN, JBL, OSIP, RHT, GLD, SQNM, V, WAG)

Posted: December 20, 2009 at 3:22 pm

This might have seemed a tough week to come up with a list of unusual suspects.  There are only a handful of earnings, but there are many follow-on items from ...
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Can AT&T and Verizon Keep Raising Dividends Indefinitely? (T, VZ)

Posted: December 19, 2009 at 11:25 am

AT&T Inc. (NYSE: T) has done what we expected would occur at some point soon.  Despite some bad company public relations Friday over its network, the company raised its quarterly ...
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Oil Prices May Spike Monday, Nigeria Pipeline Attacked (CVX)(RDA.A)

Posted: December 19, 2009 at 10:46 am

Nigerian rebels have probably attacked pipeline installations near facilities operating by Chevron (NYSE:CVX) and Royal Dutch Shell (NYSE:RDA.A). This could cause the price of crude to rise at the end of the ...
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Joining GM, Ford Will Make Early Debt Repayments

Posted: December 19, 2009 at 7:56 am

Light vehicles sales in the US do not seem to be improving much. The market for 2009 will probably produce about 10.5 million sales well down from over 16 million ...
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An Unreasonable Case That Housing Is Undervalued

Posted: December 18, 2009 at 4:07 pm

IHS Global Insight has released a report that say that housing price in the US rose by .2% in the third quarter compared to the second. The research firm looks ...
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More Mixed Rig Count Data (BHI, OIH)

Posted: December 18, 2009 at 1:15 pm

Baker Hughes Inc. (NYSE: BHI) has just released its new weekly rig count data.  Today's data looks mixed again, which is another indication that perhaps the swinging back and forth ...
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BofA’s New CEO Brian Moynihan: No More Acquisitions (BAC)

Posted: December 18, 2009 at 1:03 pm

Bank of America Corporation (NYSE: BAC) is still well under 100 hours of announcing that Brian Moynihan would replace Ken Lewis as CEO of the largest US bank by domestic ...
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GM: A Tear With Every Saab

Posted: December 18, 2009 at 12:31 pm

General Motors can't get brand exit strategies right regardless of who is running the show there.  Government Motors held a press conference today to discuss the death of the Saab ...
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Meredith Whitney Now Pouncing on JPMorgan (GS, MS, JPM)

Posted: December 18, 2009 at 11:17 am

Meredith Whitney must be staggering her bank coverage news out to get more exposure, or at least that is a cynical take on the matter. Yesterday, she hit Goldman Sachs ...
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Worst PR Of The Day: AT&T (T)

Posted: December 18, 2009 at 9:18 am

AT&T (NASDAQ:T) has had trouble with its network, reported due to the huge amount of activity by Apple (NASDAQ:AAPL) iPhone customers. Today, the phone company's PR firm, Fleishman-Hillard, put out ...
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Top Day Trader Alerts (RIMM, PALM, DEER, ORCL, LDK, TTWO)

Posted: December 18, 2009 at 9:01 am

These are this Friday's top day trader alerts in the pre-market trading.  We have more details on the news but more importantly for the traders on the data and analysis ...
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