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Monthly Archives: March 2010

Biophama Firms Lexicon And Poniard In The Hurt Locker

Posted: March 8, 2010 at 1:25 pm

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?

Posted: March 8, 2010 at 12:26 pm

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)

Posted: March 8, 2010 at 12:04 pm

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?

Posted: March 8, 2010 at 10:12 am

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

Posted: March 8, 2010 at 9:44 am

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)

Posted: March 8, 2010 at 9:17 am

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)

Posted: March 8, 2010 at 9:00 am

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)

Posted: March 8, 2010 at 8:15 am

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

Posted: March 8, 2010 at 6:09 am

"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

Posted: March 8, 2010 at 5:53 am

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

Posted: March 8, 2010 at 5:22 am

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)

Posted: March 8, 2010 at 4:04 am

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

Posted: March 8, 2010 at 3:56 am

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)

Posted: March 8, 2010 at 3:21 am

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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Signs Of Intelligent Life At Coca-Cola (KO)

Posted: March 7, 2010 at 7:28 pm

Not many company boards admit when their CEO had a bad year and needs a cut in pay. The Coca-Cola (KO) board decreased chief Mahtar Kent's total compensation to $18.8 million ...
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