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Monthly Archives: March 2010

GlaxoSmithKline: The Unluckiest Pharma Company in the World

Posted: March 24, 2010 at 2:36 pm

GlaxoSmithKline (GSK), the world’s second-largest drug maker, just can’t seem to catch a break. It appears the Swiss pharma giant can do nothing right these days. First, there was Advair, ...
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Chinese Bond Auction Versus US Bond Auction

Posted: March 24, 2010 at 2:35 pm

The Treasury bond market weakness is tied in part to a poor US Treasury auction of $42 billion in five-year notes at Wednesday's auction with a high rate of 2.605% ...
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BioHealth Business Daily (CTIC, CYCC, CBPO, GENT, GENZ, IDRA, NVAX, PARD, AMGN, WCRX)

Posted: March 24, 2010 at 1:16 pm

Today’s BioHealth Business Daily has many names you might not be as familiar with, but there are some of the larger movers to consider today as well.  We are seeing ...
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Will Financial Reform Be Legitimate? (AIG, GE, GS, JPM, BAC, FNM, FRE)

Posted: March 24, 2010 at 12:09 pm

Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform.  In a press conference this morning, the two well-known Democrats said financial reform was ...
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DOE Surprise… Refineries Coming Back (OIH, USO, VLO, SUN, HES)

Posted: March 24, 2010 at 9:48 am

If you have followed the oil patch, the news from the refining sector has been abominable.  Overall, we have seen many weeks where the United States refining capacity was not ...
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Today’s Best Market Rumors (March 24, 2010)

Posted: March 24, 2010 at 9:29 am

Updated throughout the trading day.... This was out yesterday throughout the day but there have been rumors that Palm, Inc. (NASDAQ: PALM) may ditch the WebOS for Android.  Hardly seems ...
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The Dividend Changes Keep Coming (SBUX, COP, NLY, WTR, CSCO, AAPL)

Posted: March 24, 2010 at 8:57 am

We are getting more and more dividend hikes in 2010.  Starbucks Corp. (NASDAQ: SBUX) finally declared its first dividend.  ConocoPhillips (NYSE: COP) is hiking its payout.  Annaly Capital Management, Inc. ...
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3 IPOs in 1 Day: Calix, MaxLinear, and First Interstate BancSystem (CALX, MXL, FIBK)

Posted: March 24, 2010 at 7:56 am

We have had at least 3 IPOs pricing today.  On deck are Calix Networks Inc. (NASDAQ: CALX), MaxLinear Inc. (NYSE: MXL), and First Interstate BancSystem Inc. (NASDAQ: FIBK).  What makes ...
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Top 10 Analyst Upgrades and Downgrades (BA, CNX, GE, JEC, NRG, PLCM, SLB, SLRC, TXN, WFMI)

Posted: March 24, 2010 at 7:39 am

These are this Wednesday's top ten analyst upgrades, downgrades, and initiations seen from early morning Wall Street research notes: Boeing Co. (NYSE: BA) Raised to Outperform at Oppenheimer. CONSOL Energy ...
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The Twitter-24/7 Wall St. Stock Watch 3.24

Posted: March 24, 2010 at 7:10 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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Oops! Portugal Gets Downgraded

Posted: March 24, 2010 at 6:46 am

The sovereign debt problem just got a new villain Fitch downgraded Portugal's debt by one notch to double-A-minus, according to The Wall Street Journal. The government deficit last year was ...
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In Bank Of America Program, Finally A Mortgage Crisis Solution

Posted: March 24, 2010 at 5:11 am

Government mortgage modification programs have so far targeted people's monthly home loan payments. These plans have proven to be failures. There are a number of theories about their lack of ...
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A $1.4 Billion Tax Refund For JPMorgan (JPM)

Posted: March 24, 2010 at 4:53 am

JPMorgan (JPM) is about to get what it deserves--a $1.4 billion tax refund from the United States. Jamie Dimon, the CEO of the bank, may be more clever than his peers, ...
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Google Accused Of Spying For US

Posted: March 24, 2010 at 4:27 am

It was not unheard of for American media correspondents to pass information to the US military during WWII. Perhaps the Chinese had that in mind when they accused Google (GOOG) ...
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White House Attempts To Help Homeowers “Meaningless”

Posted: March 24, 2010 at 4:06 am

The Administration's Home Affordable Modification Program was meant to spend as much as $75 billion to keep people in their homes. Mortgage holders who could not make their monthly payments might have them ...
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