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Monthly Archives: January 2010

Weekend Thoughts, Meredith Whitney’s New Contra-Opinion On Banks (GS, MS, JPM, BAC, WFC, BX)

Posted: January 22, 2010 at 3:44 pm

Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of ...
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Oil Patch: Rig Counts Rise Despite Falling Oil (BHI, OIH, USO)

Posted: January 22, 2010 at 1:15 pm

The rig counts are still heading in the right direction for stable oil and a steady flow of oil and gas supplies according to the Baker Hughes Inc. (NYSE: BHI) ...
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SIRIUS Financial Take: Howard Stern/Pandora Risks (SIRI, AAPL)

Posted: January 22, 2010 at 12:39 pm

SIRIUS XM Radio (NASDAQ: SIRI) has been a key trading focus of late, mostly with positive metrics.  The company has now posted positive cash flow for the entire year of ...
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Killing Fannie & Freddie (FNM, FRE)

Posted: January 22, 2010 at 11:39 am

Barney Frank may have caused a recovery of some banking losses in trading yesterday by saying he'd be against any bank-trading abolition that would be immediate and/or financially disruptive to ...
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Today’s Best Market Rumors (1/23/2010) (SIRI)(KO)

Posted: January 22, 2010 at 9:54 am

Updated throughout the day. Conan O'Brien could end up on Comedy Central (Reuters) Howard Stern of Sirius XM (NASDAQ:SIRI) is getting offers from traditional radio networks  (Barron's) Obama's plans for ...
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AMD: When Analyst Calls Are Night & Day (AMD, INTC)

Posted: January 22, 2010 at 9:46 am

Advanced Micro Devices Inc. (NYSE: AMD) is taking a breather this morning after last night's earnings.  At 9:26 AM EST we had shares trading down 5.9% at $8.46 on about ...
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Five IPO’s On Deck (BRK-B, SYA, CLU, CHSP, CHC, TRNO)

Posted: January 22, 2010 at 8:58 am

Today could be called IPO Friday.  We have four confirmed priced deals, and likely a fifth.  The IPO's involve Berkshire Hathaway Inc. (NYSE: BRK-B) for its Symetra Financial (NYSE: SYA), ...
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Top Analyst Upgrades & Downgrades (APA, JPM, JCOM, FCX, PLD, RTP, SLB, SCR, SLM, TXN, UNH, X, ZMH)

Posted: January 22, 2010 at 8:30 am

These are this morning's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Apache Corp. (NYSE: APA) Started as Sector Underperform at Scotia. JPMorgan Chase & Co. ...
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GE (GE) Bests Estimates, Entertainment And Capital Results A Horror

Posted: January 22, 2010 at 7:23 am

GE (NYSE:GE) did better than most Wall St. analysts believed it would. Fourth-quarter revenue fell 10% to $41.4 billion. Fourth-quarter earnings from continuing operations attributable to GE were $3.0 billion, ...
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Its Reputation In Question, Toyota Makes Another Big Recall

Posted: January 22, 2010 at 6:06 am

By Douglas A. McIntyre Gone are the days when Toyota (TM) completely dominated the JDPower and Consumer Reports customer satisfaction and vehicle quality surveys. American car companies have made quality ...
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Piracy Takes The Profits Out Of Music Business, Again

Posted: January 22, 2010 at 5:44 am

The International Federation of the Phonographic Industry, a global association of music publishers, says that the piracy of songs is sharply undermining the rise of digital song and album sales. According ...
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Legions Would Be Hurt By Obama Bank Rules

Posted: January 22, 2010 at 5:29 am

There may be merit in Obama's notion of limits on the size and activities of banks. Banks that trade for their own accounts may be a different and more dangerous beasts ...
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Supreme Court Tells Big Business To Spend Itself To Death

Posted: January 22, 2010 at 5:10 am

The Supreme Court’s decision on the 21st will allow corporations to give more money to support or oppose political candidates. Legal experts say that the move reverses a decision made ...
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Media Digest (1/22/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 22, 2010 at 3:48 am

Reuters:   China battle back at US charges about cyber attacks. Reuters:   Under the new Obama proposal, banks may drop private equity assets. Reuters:   Hershey (NYSE:HSY) will not make a counter bid for Cadbury (NYSE:CBY) ...
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Asia Markets And Europe Open (1/22/2010) Sell Off

Posted: January 22, 2010 at 3:21 am

Markets is Asia were lower The Nikkei fell 2.6% to 10,591. The Hang Seng was down .9% to 30,678. HBC (NYSE:HBC) fell sharply. The Shanghai Composite dropped 1% to 3,129. ...
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