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Monthly Archives: February 2010

Another Snow Hurricane In The East, Another Blow To GDP And Housing

The number of "snow hurricanes" that have hit the mid-Atlantic states and Northeastern US must be a National Weather Service record. Much of the East Coast is under assault again and ...
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The Recovery Loses Steam As GDP Growth Fails

The US economy may have grown at a 5.7% pace in the fourth quarter of 2009, but according to a survey of experts by Thomson Reuters a figure of closer to ...
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The Car Industry Is In As Much Trouble As Toyota

Toyota's (TM) sales in the US market are supposed to fall and some of its large rivals like Ford (F) and Honda (HMC) are supposed to benefit from customers who will ...
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The Drug Lords, The Men Who Run The Global Phamaceutical Industry

There are twelve major pharmaceutical firms that dominate this industry worldwide. Their combined market value is over $1 trillion with total  annual sales  of over $500 billion. The firms have developed and ...
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Media Digest 2/26/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Akio Toyoda met with Transportation Secretary LaHood. Reuters:   Lloyds posted huge loss driven by bad debts. Reuters:   A job creation effort is hung up in Congress again. Reuters:   Blackstone (BSX) got ...
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Asia Markets And Europe Open (2/26/2010)

Markets in Asia were mixed. The Nikkei was up .2% to 10,128. Toyota (TM) rose slightly. The Hang Seng was up 1% to 20,609. China Unicom (CHU) rose The Shanghai ...
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Short Sellers Attack Buffett Holdings (BRK-B, BRK-A, AXP, BAC, BDX, KMX, KO, CMCSA, COP, COST, XOM, GCI, GE, GS, GSK, HD, IR, IRM, JNJ, KFT, LOW, MCO, NLC, NKE, PG, RSG, SNY, STI, TMK, TRV, USG, UNH, UPS, WMT, WPO, WFC, WLP, WSC)

Short selling is seen for many reasons, but universally traders tend to track short selling to track the biggest changes in the short interest twice each month.  Whether these are ...
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VMware Buying Part of EMC: When Son Buys From Dad (VMW, EMC)

You have to always wonder a bit when a partial spin-out makes a deal to acquire software products from its parent company.  After the close of trading came word that ...
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Steve Jobs: Being Bank Better Than Dividend or Stock Split (AAPL)

Apple Inc. (NASDAQ: AAPL) has recovered sharply today from its lows, although it may be on more noise than news. The company at its annual meeting reelected its seven board ...
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What To Expect From Buffett’s Annual Letter (BRK-B, UNH, COP, XOM, MCO, RSG)

This weekend we will get to see the annual letter to shareholders from Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A).  We expect a far more confident Buffett than ...
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More Cold Days For Gold (GLD, SGOL, GDX, GDXJ)

It has been hard to not notice the sideways trading action in gold of late.  Sure, you have the potential decline of the Euro, the rising dollar, mixed economic data ...
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More Troubles Brewing in Video Game Land? (GME, WMT, ATVI, ERTS, AAPL)

There is one headline about management that almost always brings up concerns from the financial community.....  CFO Resignations.  GameStop Corp. (NYSE: GME) is paying a price this morning because CFO ...
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Clues of Microsoft’s Hand Behind Google Antitrust Inquiry

By John Hudson of The Atlantic Wire When the European Commission launched an anti-trust inquiry into Google, the company was quick to blame Microsoft for its problems. The Redmond software ...
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More Key SPAC and Blank-Check Developments (BPW, TLB, HMAQF, BBVVF, WLBC, ULEI, CFQCF)

We are seeing more and more deal news in the land of special purpose acquisition companies and in blank check companies.  Some is good, while some is not.  SPACUpdate.com sent ...
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Bernanke: The Fed And SEC Examining Goldman Sachs, Greece Issues

Fed chair Ben Bernanke said in his testimony before Congress today that the Fed and SEC are looking into the relationship between Goldman Sachs (GS) and Greece. The EU has been ...
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