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Monthly Archives: March 2010

Google’s Vain Advice to Save Newspapers

Posted: March 11, 2010 at 10:03 am

By John Hudson, The Atlantic Wire On Tuesday, Hal Varian, Google's top economist, delivered a keynote address on the economics of the newspaper industry. He's a notable expert on the ...
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6 New Leveraged Direxion ETFs (BRIL, INDL, SOXL, BRIS, INDZ, SOXS)

Posted: March 11, 2010 at 9:02 am

Direxion is launching six new Direxion Shares Daily ETFs, making the leveraged ETF trading instruments now at 34 ETFs.  These will seek 200% of the daily performance or 200% of ...
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Today’s Best Market Rumors (3/11/2010)

Posted: March 11, 2010 at 8:48 am

Updated throughout the day. Citigroup (C) may earn $20 billion in 2012 (FT) Macquarie Group, Australia’s largest investment bank, is on the hunt for more U.S. assets. (Bloomberg) Regulators have ...
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Top Analyst Upgrades and Downgrades (AMLN, NLY, ARMH, BBBY, CO, DPS, LVLT, SANM, YHOO)

Posted: March 11, 2010 at 8:17 am

These are this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Amylin Pharmaceuticals (NASDAQ: AMLN) Started as Buy at Merriman Curhan Ford. Annaly Mortgage ...
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China’s Economic Rise Is Truly Glorious

Posted: March 11, 2010 at 8:09 am

By John Tamny of Forbes It's very difficult to pick up any kind of financial publication these days without reading about China's growing economy, and what this means for the ...
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No Signs Of Intelligent Life At VW

Posted: March 11, 2010 at 7:56 am

Like GM and Toyota (TM) before it, VW aims to be the largest car company in the world within a few years with a huge lead over its competition. In ...
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US Foreclosure Activity Slows Considerably

Posted: March 11, 2010 at 6:07 am

After a month of bad news about housing starts, existing home sales, and mortgage delinquencies, the number of homes going into foreclosure is slowing rapidly. RealtyTrac reported 308,524 U.S. properties ...
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How Flawed Is China’s Economic Data?

Posted: March 11, 2010 at 5:53 am

China's statistics bureau said that the rise in housing prices over the last year was 1.5%. The China Real Estate Association put the figure at 22%. "When I saw that ...
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The Hackers Go For The Money

Posted: March 11, 2010 at 5:22 am

"Go where the money is, and go there often"--Willie Sutton, professional bank robber Hackers can work their way into Google's (GOOG) mail servers in China and government computers with sensitive ...
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Unemployment Insurance And The Re-Cycling Of Tax Dollars

Posted: March 11, 2010 at 5:02 am

The unemployment rate is slightly below the 10% mark, which seems terribly important psychologically. It seems that the economy is fine if the jobless rate is 9.7% but is ...
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Mexico’s Carlos Slim Tops Forbes’s World’s Richest List; Unseats Gates, Buffett

Posted: March 11, 2010 at 3:57 am

By Bruce Watson, Daily Finance Forbes just released its annual ranking of the world's richest people and, to a few readers, the list may come as a shock. The top ...
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Media Digest 3/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 11, 2010 at 3:55 am

Reuters:   BP (BP) bought Devon for $11 billion to get access to its oil fields. Reuters:  Toyota (TM) give a Senate panel a memo from a union seeking better quality ...
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Asia Markets And Europe Open (3/11/2010)

Posted: March 11, 2010 at 3:27 am

Markets in Asia were slightly higher. The Nikkei rose 1% to 10,685. Sony (SNE) moved higher. The Hang Seng was up .1% to 21,228. The Shanghai Composite was up .6% ...
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CEO Of The Decade: Citigroup’s Vikram Pandit?

Posted: March 10, 2010 at 7:08 pm

It was less than two years ago that defunct business magazine Portfolio named Citigroup(C) CEO Vikram Pandit one of the twenty worst CEOs of all time. Pandit may be about to ...
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Walmart: Sorry, We Stopped Selling Things We Couldn’t Make Money On

Posted: March 10, 2010 at 4:21 pm

Wal-Mart (WMT), the world's largest retailer which has sales greater than the GDP of many countries, has decided it is so successful that it can stock products that no one ...
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