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Monthly Archives: February 2010

Google: The Utility, The Conglomerate

Posted: February 19, 2010 at 5:37 am

Google (GOOG) got approved by US regulators to sell electricity, allow it to buy and sell power like a power company. The Federal Energy Regulatory Commission greenlighted the search firm's ...
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The New Deficit Panel Begins A Journey To Nowhere

Posted: February 19, 2010 at 5:10 am

The President has appointed an 18-member blue ribbon panel to analyze how the US budget deficit can be reduced. The panel is then to make recommendations meant to bring the ...
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Media Digest 2/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 19, 2010 at 3:54 am

Reuters:   The Fed will try to calm the markets after it raised the discount rate to .75%. Reuters:   The head of Toyota (TM) will go to Congress to testify. Reuters:   ...
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Asia Markets And Europe Open (2/19/2010)

Posted: February 19, 2010 at 3:27 am

Markets in Asia fell. Shanghai was closed for a holiday. The Nikkei fell 2.1% to 10,124. The Hang Seng was down 2.6% to 19,894. At the open in Europe, the ...
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Mr. Toyoda Goes To Washington

Posted: February 18, 2010 at 7:21 pm

Akio Toyoda, the head of Toyota (TM), will go to Washington to testify before the House Oversight Committee. He did not want to visit Congress, but he ended up with little ...
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The Rate Hike Cycle Begins

Posted: February 18, 2010 at 5:55 pm

Just yesterday in the FOMC meeting minutes from January, it was becoming painfully clear that the FOMC was getting closer to hiking rates.  Most notable was that the discussions had ...
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First Solar… First Cheer, Then Dump (FSLR)

Posted: February 18, 2010 at 4:25 pm

First Solar, Inc. (NASDAQ: FSLR) is out with earnings today, and there is nothing great and nothing awful to report in here.  For its fourth quarter, revenues were $641.3 million, ...
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Dell Earnings Drop 5%, Shares Drop 3%

Posted: February 18, 2010 at 4:19 pm

Earnings for Dell's (DELL) fiscal fourth quarter which ended January 29 fell 5% to $334 million. EPS dropped 6% to 17%. The company reported that sales rose 11% to $14.9 ...
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Meredith Whitney Still Bank-Cautious (JPM, BAC, C, BLK)

Posted: February 18, 2010 at 3:48 pm

Esteemed banking analyst Meredith Whitney just gave a CNBC interview a year after starting that she was starting Meredith Whitney Advisory Group.  She is still very cautious on the banking ...
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More Heated Google Search Competition Coming (GOOG, MSFT, YHOO)

Posted: February 18, 2010 at 11:34 am

The search pact between Microsoft Corp. (NASDAQ: MSFT) and Yahoo Inc. (NASDAQ: YHOO) has been approved.  Finally.  The companies announced that the search pact was okayed by the Department of ...
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Today’s Best Market Rumors (2/18/2010)

Posted: February 18, 2010 at 8:42 am

Updated throughout the day. Apple (AAPL) may have a deal with book publishers to sell e-books for $9.99.  (NYTimes) Greece may issue a 10-year bond next week with a value ...
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What Buffett Didn’t Tell You in Latest Holdings (BRK-B, BRK-A, COP, XOM, BDX, JNJ, GCI, MCO, WMT, PG, UNH, WLP, WFC, STI, IRM, RSG, NSC, UNP, NRG)

Posted: February 18, 2010 at 8:41 am

We already gave a full run-down position by position in the Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) holdings as of December 31, 2009.  What is interesting is that this round ...
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Top 10 Analyst Upgrades and Downgrades (ACOR, AGCO, AEO, AU, ANDE, CTXS, DE, ITRI, NTAP, VMW)

Posted: February 18, 2010 at 8:19 am

These are this Thursday's top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning: Acorda Therapeutics (NASDAQ: ACOR) Cut to Market Perform ...
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The Naive Conceit of Banking Regulations

Posted: February 18, 2010 at 8:14 am

By John Tamny of Forbes   Past troubles within the U.S. financial system continue to generate a great deal of feverish commentary from allegedly wise minds in the economic commentariat ...
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Walmart Earnings: Still The Best

Posted: February 18, 2010 at 7:38 am

Some analysts thought that Walmart's (WMT) earnings and outlook were a bit disappointing. They were actually excellent given the harsh retail environment in which the company operates. The fact that ...
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