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Monthly Archives: March 2010

Euro Dip Today Is Tomorrow’s Rally

Posted: March 25, 2010 at 9:51 am

A number of media outlets have pointed out that the euro was slaughtered earlier today when a minor Chinese official said that the sovereign debt probably will become a plague ...
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NVIDIA-AMD Graphics Chip War Redux (NVDA, AMD)

Posted: March 25, 2010 at 9:28 am

It has been some time since we have seen any new declarations of war in the market of graphics chips.  That may be about to change.  Nvidia Corp. (NASDAQ: NVDA) ...
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It’s Finally Over For Ambac (ABK), Shares Drop To $.62

Posted: March 25, 2010 at 9:19 am

Ambac (ABK) may be the last of the big financial firm flameouts coming out of the credit crisis. The only probable exceptions are Fannie Mae (FNM) and Freddie Mac (FRE), which ...
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Bracing For Position Limit Talk in Metals (GLD, SGOL, SLV, CME)

Posted: March 25, 2010 at 8:57 am

When oil was targeted by the CFTC for position limits, many did not want to believe that this would come to the gold market and to other metals.  We believe ...
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Ernst & Young: Ignorance Of The Law Is Not A Defense

Posted: March 25, 2010 at 8:47 am

Ernst & Young, which handled the audit duties for Lehman, is trying to persuade its customers and the public that it will not suffer the same fate that Arthur Andersen ...
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Today’s Best Market Rumors (3/25/2010)

Posted: March 25, 2010 at 8:07 am

Updated throughout the day. The Treausury Department may begin to sell its 27% stake in Citigroup (C)  (Bloomberg) Billionaire Nelson Peltz will not try to buy CKE Restaurants, owner of the ...
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The Twitter-24/7 Wall St. Stock Watch 3.25

Posted: March 25, 2010 at 7:48 am

Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter ...
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Jobless Improving, Still Far From Solid

Posted: March 25, 2010 at 7:42 am

The weekly jobless claims from the Labor Department are still headed in the right direction, albeit they are still very high for historic levels.  The weekly claims came down by ...
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Top Analyst Upgrades and Downgrades (ACI, BRCD, EBAY, GENZ, MAR, MIR, NTES, SNDA, GAME, SBUX, VOD)

Posted: March 25, 2010 at 7:31 am

These are the some of the top research call summaries for upgrades, downgrades, and initiations seen from Wall Street analyst calls this Thursday morning: Arch Coal Inc. (NYSE: ACI) Started ...
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US Cellular Subcribers Hit 285 Million As Monthly Bills Fall

Posted: March 25, 2010 at 5:41 am

The CTIA released its semi-annual survey of wireless phone use in America. The number of cellular subscriptions in the US rose to 285 million, confirming industry concerns that the market ...
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The Internet: The Tip Of The Spear For Democracy

Posted: March 25, 2010 at 5:16 am

Some members of Congress were as excited about Google (GOOG) leaving China as founder Sergey Brin was. Brin said that the repressive regime in the People's Republic reminded him of ...
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Shorts Push Back Into Tech And Communications

Posted: March 25, 2010 at 5:07 am

Short sellers pushed into tech, communications, and industrial companies for the period ending March 15, but largely moved out of financial shares. Short interest in Cisco (CSCO) was up 12% ...
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“Search” May Not Be A Business In China

Posted: March 25, 2010 at 5:05 am

Shares of Chinese search engine, Baidu, which has a market share of about two-thirds of the internet users on the mainland, have risen from $170 a year ago to $609 ...
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Dubai Restructures Its Debt, But Not Its Obligation

Posted: March 25, 2010 at 5:01 am

The desert kingdom of Dubai has come up with a novel way to pay its debt--it will roll it over to another day in another year sometime in the future. ...
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Media Digest 3/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 25, 2010 at 2:46 am

Reuters:   EU leaders are divided on Greece before their summit. Reuters:   Changes in the health care bill will go back to the House. Reuters:   China described interest rates as a ...
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