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Monthly Archives: January 2010

China Restricts Smoking And Philip Morris (PMI) Gets Smoked

Posted: January 19, 2010 at 5:53 am

Two trillion cigarettes are sold in China each year. Sixty-percent of adult men in the People's Republic are smokers. The AP reports that China will ban smoking indoors in seven of ...
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JAL Bankruptcy: Will The US Help Its Carriers, If Necessary?

Posted: January 19, 2010 at 5:30 am

JAL finally gave up the ghost after months of negotiation with creditors and large banks. The Japanese government gave the airline access to a modest credit facility. That was not ...
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Cadbury (CBY): Money Changes Everything

Posted: January 19, 2010 at 5:10 am

The Kraft (NYSE:KFT) deal to buy Cadbury (NYSE:CBY) was concluded today at a purchase price of about $19.44 billion. That was all it took to close the deal--a rich offer ...
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Media Digest 1/18/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 19, 2010 at 3:39 am

Reuters:   Kraft (NYSE:KFT) has a deal to buy Cadbury (NYSE:CBY) for about $19 billion. Reuters:   China says Google (NASDAQ:GOOG) and other foreign firms must respect its laws. Reuters:   JAL is ...
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Asia Markets And Europe Open (1/19/2010) JAL Goes Bankrupt

Posted: January 19, 2010 at 3:15 am

Markets in Asia were mixed. The Nikkei was down .8% to 10,765. Honda (NYSE:HMC) and Toyota (NYSE:TM) dropped and JAL filed for bankruptcy after the close. The Hang Seng rose ...
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24/7 Wall St. 2010 Major Retailer Store Closing List

Posted: January 19, 2010 at 3:05 am

Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there ...
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24/7 Wall St.’s Corporate Power Rankings (Week 2)

Posted: January 18, 2010 at 6:48 pm

The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ...
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International Equity Markets on Martin Luther King Day

Posted: January 18, 2010 at 6:08 pm

If you are in the United States, we know that you didn't go the bank, the post office, any government office, court houses, and you probably didn't trade.  While you ...
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Kraft Makes Friends With Cadbury, Buffett Loses

Posted: January 18, 2010 at 5:30 pm

The rumor mill is at work. Kraft (NYSE:KFT) may have entered friendly talks with Cadbury (NYE:CBY) to end the ongoing battle caused by the American company's hostile takeover offer for ...
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Chrysler’s Latest Product: A Part That Causes “Unexpected Brake Failure”

Posted: January 18, 2010 at 4:20 pm

Chrysler showed again why it is laggard among the American car companies previously known as The Big Three. It announced a recall of 24,000 late model Chrysler, Dodges, and Jeeps. ...
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Apple (AAPL) To Launch Device On January 27

Posted: January 18, 2010 at 1:42 pm

Apple (NASDAQ:AAPL) said it will launch a new product at an event scheduled for January 27. Watch the shares drop 10% if it is not the anticipated tablet computer and ...
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The Unusual Suspects (ACOR, AAPL, BX, PMI, VZ, T, BRK-A, BRK-B, CBY, HSY, KFT, C, BAC, WFC, GS)

Posted: January 18, 2010 at 12:40 pm

This week's Unusual Suspects are not just about earnings season, despite the deluge and onslaught we are about to see.  We have a watch for events this week in shares ...
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The Return Of The Double Dip

Posted: January 18, 2010 at 6:41 am

The more distance that most of the large national economies put between themselves and the deepest part of the recession, the less frequently the term "double dip" is used. Government officials ...
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$250 Billion In Medical Fraud

Posted: January 18, 2010 at 6:30 am

Most claims of worldwide trends that are based on dollars are guesses and may be crude guesses at that. Two healthcare monitors say that global medical fraud now totals $260 billion. ...
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Google’s (GOOG) Double Agent

Posted: January 18, 2010 at 6:22 am

Reuters reports that one or two people inside Google (NASDAQ:GOOG) may have provided hackers with a way into the search engine's servers that allowed the cyberattack that could cause the ...
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