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Monthly Archives: March 2010

Weekly Jobless Data Prelude to Confusing Unemployment Report

Posted: March 4, 2010 at 8:57 am

The weekly jobless claims from the U.S. Labor Department showed a decline from the week before.  The weekly claims fell by a 29,000 adjusted figure to 469,000 claims after last ...
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Today’s Best Market Rumors (3/4/2010)

Posted: March 4, 2010 at 8:20 am

Updated throughout the day. Updated: 11.32 AM Eastern: Vonage (VG) may be bought, by AT&T (T)? Redhat (RHT) may be bought by IBM (IBM). Cree (CREE) may buy Nanometrics (NANO) ...
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Top 10 Analyst Upgrades and Downgrades (BBT, BA, KO, FDX, FITB, MDVN, OVTI, RCL, ZUMZ, DIS)

Posted: March 4, 2010 at 8:18 am

These are the top ten analyst calls we have seen in upgrades, downgrades, and initiations from Wall Street research calls this Thursday morning: BB&T Corp. (NYSE: BBT) Raised to Outperform ...
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Hacker Ring Steals Data From Half Of America’s 1000 Largest Firms

Posted: March 4, 2010 at 6:03 am

Internet security, whether it is provided by software companies or the government, is not very good. Law enforcement groups have finally shut down the Mariposa botnet which is one of ...
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Prius Sales Accelerate In Japan

Posted: March 4, 2010 at 5:33 am

The market may have overestimated the effects that Toyota's 8.5 million global vehicle recall would have on the company's future sales. In the US, the Japanese car company only sold ...
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Greece To Raise 3 Billion-5 Billion Euros In Junk Debt, Maybe

Posted: March 4, 2010 at 5:08 am

Greece has decided to raise three billion to five billion euros through a 10-year bond. The country has hired several banks including Barclays (BCS) and HSBC (HBC) to handle the transaction. The ...
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The Really Big Suits Against Toyota Begin In Earnest

Posted: March 4, 2010 at 4:51 am

Toyota (TM) got a small taste of things to come. The company already faces a raft of class action and liability suits. Now, a suit which involves the crash of ...
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Media Digest (3/4/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 4, 2010 at 3:59 am

Reuters:   The Senate rejected a plan to send $250 to the elderly. Reuters:   Obama is still pushing the Volcker rule. Reuters:   The Facebook CEO is in no rush for an ...
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Asia Markets And Europe Open (3/4/2010)

Posted: March 4, 2010 at 3:27 am

Markets in Asia fell. The Nikkei was down 1.1% to 10,146. Toyota (TM) moved up over 3%. The Hang Seng was off 1.4% to 20,576. China Unicom (CHU) fell and HSBC (HBC) rose. ...
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The Below Average CEO: John W. Chidsey, Burger King

Posted: March 3, 2010 at 8:03 pm

Average: "an estimation of or approximation to an arithmetic mean"--Webster Burger King (BKC) is the perennial also-ran in the fast food market in which its runs well behind McDonald's (MCD). Burger King's ...
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National Employee Morale Day At Take-Two Interactive (TTWO)

Posted: March 3, 2010 at 7:34 pm

Video game publisher Take-Two Interactive (TTWO) announced better than expected earnings today but also said it would need to cut its staff. Net revenue for the first fiscal quarter was ...
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Palm Losing All Friends… S&P Downgrade (PALM, AAPL, NOK, RIMM)

Posted: March 3, 2010 at 2:53 pm

Palm, Inc. (NASDAQ: PALM) has been in trouble.  About all that can be said after it recently hit 52-week lows is that it has at least bounced about 5% from ...
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Beige Book… A Hint of Things Better

Posted: March 3, 2010 at 2:24 pm

The Federal Reserve has issued its most recent Beige Book, which does not really sound that much different from from many of the notes from the latest FOMC minutes.  The ...
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VMware’s $400M Stock Buyback Is Different (VMW, EMC, CSCO, DELL, INTC)

Posted: March 3, 2010 at 2:10 pm

2010 is shaping up to be the year of the dividend.  Stock buybacks are now becoming to be "Oh so 2007" for investors.  In fact, many argue whether or not ...
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Elimination Of Botulism And Salmonella Would Cover 100% Of Healthcare Reform

Posted: March 3, 2010 at 1:59 pm

All the US government has to do to pay for the current healthcare reform proposal is eliminate foodborne illnesses like botulism, salmonella, and e-coli. A new study from The Product Safety Project says ...
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