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Monthly Archives: January 2010

Banks Digging Themselves A Deeper Hole

Posted: January 20, 2010 at 5:08 am

By Paul Ausick of 24/7 Following in footsteps of JPMorgan Chase (JPM), Citibank (C) today reported a net loss of $1.6 billion for 2009 on losses in mortgage and credit ...
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Kraft Gets Cadbury; Should Hershey Watch Its Back?

Posted: January 20, 2010 at 5:03 am

By Paul Ausick of 24/7 After a four-month pursuit that occasionally got testy, Kraft Foods (KFT) has finally got its prize. British candy maker Cadbury PLC (CBY) has agreed ...
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Media Digest 1/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 20, 2010 at 3:42 am

Reuters:   Obama said he will not let companies who owe the US taxes to bid for government work. Reuters:   Republican Scott Brown won the Senate race in Massachusetts putting the ...
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Asia Markets And Europe Open (1/20/2101)

Posted: January 20, 2010 at 3:05 am

Markets in Asia fell as China said it would restrict lending by its banks. The Nikkei fell .3% to 10,738. The Hang Seng was down 1.8% to 21,272. China Unicom ...
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SIRIUS XM Sees Cash Flow Positive 2009 (SIRI)

Posted: January 19, 2010 at 4:59 pm

SIRIUS XM Radio (NASDAQ: SIRI) appears to have managed to outshine the recession in 2009.  The company disclosed today that it added just over 257,000 net subscribers in the fourth ...
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IBM, When Solid Is Not Solid Enough (IBM)

Posted: January 19, 2010 at 4:21 pm

DJIA component International Business Machines Corp. (NYSE: IBM) is out with earnings for its fiscal 2009 year-end and Q4 period.  The report looks to leave something for everyone here.  Big ...
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Can Ethanol’s Comeback Last? (PEIX, STKL, CZZ, GPRE, KMP, VLO, SUN, BFRE)

Posted: January 19, 2010 at 3:32 pm

Toward the end of 2008 (and even sooner), ethanol may have seemed like a fad that came and went.  Then came the dull year of 2009 that seemed as though ...
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America’a Most Beloved And Hated CEOs

Posted: January 19, 2010 at 2:38 pm

Glassdoor keeps tabs on employee impressions of management and work conditions at major companies. The survey site has more than one million users who review over 70,000 firms. These companies represent all industries, ...
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SPACUpdate Sees More SPAC Developments (CIO, AXG, NLX, DJSP, HMR)

Posted: January 19, 2010 at 11:07 am

We have been given some exclusive coverage on the recent developments in special purpose acquisition companies and blank check companies from SPACupdate.com this morning.  Deal news has been seen in ...
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Top Day Trader Alerts (GNVC, BLDP, CIEN, NLST, BIDU)

Posted: January 19, 2010 at 9:27 am

These are the top pre-market day trading and active trading stocks we have seen for trading on Tuesday morning.  We included a time stamp on each as they were taken ...
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Today’s Best Market Rumors (1/19/2010) (AIG)(AMR)

Posted: January 19, 2010 at 8:43 am

Updated throughout the day. Goldman Sachs (NYSE:GS) will delay its bonus announcement for UK workers until next week.  (Reuters). AMR (NYSE:AMR) will seek carrier partners in China if its proposed investment in JAL is turned down ...
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Top Analyst Upgrades and Downgrades (BAX, CIEN, GNW, IMAX, JASO, MCD, OSIS, POT, PM, RYAAY, VALE)

Posted: January 19, 2010 at 8:32 am

These are this Tuesday morning's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Baxter International (NYSE: BAX) Cut to Hold at Citigroup. CIENA Corporation (NASDAQ: CIEN) ...
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Citigroup (C) Sells Off Slightly On Earnings News

Posted: January 19, 2010 at 8:20 am

Citigroup's (NYSE:C) shares dropped 1.5% to $3.37 after it announced fourth quarter and full-year earnings. Citigroup 2009 managed revenues increased 49% to $91.1 billion, up from $61.2 billion in 2008 reflecting, ...
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Gloomy Jobs Picture Ignores How Jobs Are Created

Posted: January 19, 2010 at 6:20 am

John Tamny of Forbes Not surprisingly, the latest unemployment report has elicited all sorts of hand-wringing over the future jobs' picture for today's workers. Former Labor secretary Robert Reich told ...
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Wives Begin To Take Over As Top Family Earners

Posted: January 19, 2010 at 6:05 am

Wives are increasingly becoming the top earners in American households. The Pew Research Center reports that in 2007, in 22% of households wives earned more than their husbands. That is ...
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