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Monthly Archives: March 2010

Critical American Express Card Stolen By Employee, Little Info Available

Posted: March 12, 2010 at 12:00 pm

American Express (AXP) has informed a number of its card members that their account numbers, names, the date on which their cards became effective, and the expiration dates have been stolen. ...
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Do fertilizer workers chew their fingernails?

Potash, Ag, and Fertilizer… Cool Again, No Stink (POT, CF, TRA, AGU, MOO)

Posted: March 12, 2010 at 10:31 am

How many quarters have we had to hear from fertilizer and potash companies that the earnings results will be disappointing but good news is closer rather than farther away?  This ...
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A Superbowl Retail Sales Recovery

Posted: March 12, 2010 at 9:45 am

The market was overly impressed with the rebound in February retail sales. The Commerce Department says that the figure for the month was $355.5 billion excluding autos, an increase of 0.3 percent from January. ...
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KKR IPO… Private Equity’s Return

Posted: March 12, 2010 at 9:30 am

KKR & CO. L.P. is back.  At least its IPO ambitions are.  Long live private equity! Long Live leveraged buyouts!  At least that is what the company wants you to ...
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Video Game Business Hurt In February, Nintendo Crushed

Posted: March 12, 2010 at 8:53 am

The video game industry had another rough outing in February as revenue fell 15% from last year. Total sales of games and consoles totaled $1.26 billion in the US. Microsoft ...
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Top 10 Analyst Upgrades and Downgrades (ABT, ARO, BIIB, CELG, CADC, FACT, HBC, LMNX, EDU, SGI)

Posted: March 12, 2010 at 8:38 am

These are this Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Abbott Laboratories (NYSE: ABT) Cut to Sell at Citigroup. Aeropostale (NYSE: ARO) Raised ...
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Today Best Market Rumors (3/12/2010)

Posted: March 12, 2010 at 8:36 am

Updated throughout the day. Janet Yellen will be nominated to be vice chair of the Fed (various) Meg Whitman's former CEO of Ebay (EBAY) run for governor of California may be ...
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Toyota (TM) Plans To Regain All Of US Market Share

Posted: March 12, 2010 at 5:56 am

Toyota's US sales are recovering in March, as improbable as that may seem. Industry research group Edmunds.com said the Japanese company's zero percent incentive plan has brought Toyota's market share in ...
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Another Clever Plan To Further Ruin The Housing Market

Posted: March 12, 2010 at 5:49 am

Mortgage research firm RealtyTrac reported that the rate of mortgage defaults slowed to a four-year low in February, but the trend of foreclosures was still up by 6% compared with ...
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The Google War With China Escalates

Posted: March 12, 2010 at 5:46 am

Google (GOOG) seems ready to extend its plan not to censor the results of its search engine results in China, which would anger the local government. The People's Republic expects tech ...
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Pfizer: More Big Pharma R&D Work Fails

Posted: March 12, 2010 at 5:28 am

Pfizer (PFE) and other big pharma companies have been under assault for several years as some of their most profitable drugs lose patent protection which creates low-priced generic competition. Pfizer has ...
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The Disposable CEO

Posted: March 12, 2010 at 4:36 am

It is proxy season and as public companies put out the lists of compensations for their CEOs it is plain that the recession did not damage chief executive pay packages ...
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Media Digest 3/12/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 12, 2010 at 4:00 am

Reuters.   Obama will nominate Yellen to be Fed vice chair. Reuters:   China told Obama to leave yuan policy to its government. Reuters:   A Chinese minister said the nation could not ...
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Asia Markets And Europe Open (3/12/2010)

Posted: March 12, 2010 at 3:27 am

Markets in Asia were mixed. The Nikkei rose .8% to 10,751. The Hang Seng was down .1% to 21,208. The Shanghai Composite was down to 3,013 At the open in ...
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The Below Average CEO: Olli-Pekka Kallasvuo Of Nokia (NOK)

Posted: March 11, 2010 at 11:49 am

Average: “an estimation of or approximation to an arithmetic mean”–Webster Among the public companies in the handset business which trade on US exchanges, Nokia  (NOK) has performed the most poorly ...
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