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Daily Archives: March 8, 2010

Toyota, Guilty As Sin, Tries To Muddy The Waters

Toyota (TM), clearly the builder of millions of cars with brake and accelerator problems, has tried to change the public's focus away from  its recalls, government investigations, and what will be multibillion liability suits. The Japanese ...
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Biophama Firms Lexicon And Poniard In The Hurt Locker

Biophama companies are horrible investments at least 90% of the time because they are gambles on the IQs of small groups of scientists and the whims of the FDA. Poniard Pharmaceuticals (PARD) and Lexicon ...
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Why Are Bank Savings Accounts So Sacred?

John Tamny of Forbes A popular belief among the economic commentariat today is that the mere existence of the Federal Deposit Insurance Corp. represents "moral hazard." With bank deposits insured, ...
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Dividend War Comes to the Chip Sector (AMAT, INTC, XLNX, ALTR, TXN, QCOM, BRCM, MRVL, AMD, MU, KLAC)

Applied Materials Inc. (NASDAQ: AMAT) is off its highs but still higher on the day after the company raised its dividend and announced a share buyback plan.  The company's board ...
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How Fast Are The Old Legacy Airlines Losing US Domestic Capacity?

By Robert Herbst, Airlinefinancials.com   Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (LCC) collectively operated 85 billion less domestic seat miles than they did 6 years ...
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Business Economists Call For Higher Rates & Deficit Watch

The National Association for Business Economics, or the NABE, has continued on its call for a muted recovery.  But there are some key issues it has brought up.  The NABE ...
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This Morning’s Top Trader Alerts (AIG, CTIC, MDVN, SEED, SSTI, XRTX, ZANE)

We have compiled this morning's key stocks on the move based on news.  These are some of the key stocks being watched and traded by day traders and active traders.  ...
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Today’s Best Market Rumors (3/8/2010)

Updated throughout the day. The EU may form its own version of the IMF (various) Dubai may have a deal to defer payments on $26 billion in Dubai World debt ...
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Top 10 Analyst Upgrades and Downgrades (ADCT, CSCO, CCI, FITB, M, PALM, POT, RIMM, X, YHOO)

These are this Monday morning's top analyst upgrades, downgrades, and initiations seen in early Wall Street research notes: ADC Telecommunications Inc. (NASDAQ: ADCT) Raised to Neutral at JPMorgan. Cisco Systems, ...
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Never Give A Sucker An Even Break: FDIC Markets Failed Banks To Pensions

"Never give a sucker and even break; never wise up a chump"--W.C. Fields The FDIC has come up with the notion that it will market investments in failed banks, or ...
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As Proxy Season Begins, $10 Million To $20 Million Is Still The Norm For CEOs

The outrage over investment bank salaries has just begun to die. Many financial firm CEOs and senior managers took less pay than they have in recent years, and took a ...
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Mr. Obama’s Missing $1 Trillion

The Congressional Budget Office said the national debt will be rise by $9.8 trillion by 2020. The figure is $1.2 trillion higher than White House estimates, which may put a ...
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24/7 Wall St.’s Corporate Power Rankings (Week 9)

The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ...
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Media Digest 3/8/2010 Reuters, WSJ. NYTimes, FT, Bloomberg

Reuters:   Met Life (MET) is close to buying AIG's (AIG) foreign insurance unit for $15.5 billion. Reuters:   Subway will try to catch McDonald's (MCD) in China by 2020. Reuters:   Greece's ...
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Asia Markets And Europe Open (3/8/2010)

Stocks in Asia jumped. The Nikkei was up 2.1% to 10,586. The Hang Seng rose 2% to 21,197. The Shanghai Composite was higher by .7% to 3,053. At the open ...
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