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Monthly Archives: April 2010

Major Stock Indices Still Well Below All-Time Highs

Posted: April 20, 2010 at 1:02 pm

The DJIA is up 70% over the last year and the NASDAQ has almost doubled. But, most market indices are still down 15% to 25% from their late 2007 highs. ...
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IMF Says Financial System Is Better, But Not Really

Posted: April 20, 2010 at 11:47 am

The good news from the IMF April Global Stability Report is that worldwide bank write-down should be $2.3 trillion and not the $2.8 trilion that the agency estimated last October. The IMF said ...
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FDA Gets Pushed On High Salt Content In Food

Posted: April 20, 2010 at 11:12 am

The pressure on the FDA to take measure sthat would lowere the salt content of food increased today. According to the AP, "the prestigious Institute of Medicine said the food ...
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Ernst & Young Gets Pulled Into Lehman Ugliness

Posted: April 20, 2010 at 10:37 am

There have been questions about the role of Lehman Bros auditor Ernst & Young since an investigation into the bankruptcy done by an independent party--Anton R. Valukas, Chairman of Jenner ...
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Apple App Store Has Lost $450 Million To Piracy (Update), What About The iPad?

Posted: April 20, 2010 at 9:26 am

Website Vimov says that Apple, Inc (NASDAQ: AAPL) iPad apps may create a billion dollar industry by 2012. Vimov writes, "if the iPad App Store were to be like the ...
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The Final Stake To The Heart? Greek Unemployment Spikes

Posted: April 20, 2010 at 9:14 am

It is simple math. High unemployment drives up government support costs to the jobless, and undermines consumer spending. Greece announced today that its unemployment rate rose to 11.3%. That is ...
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Today’s Best Market Rumors (4/20/2010)

Posted: April 20, 2010 at 8:56 am

Updated throughout the day. American International Group (NYSE: AIG) may sue Goldman Sachs Group (NYSE: GS) over $2 billion in losses on insured derivatives. Google Inc's (NASDAQ: GOOG) password system ...
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P&G Joins DJIA Dividend Hike Brigade (PG, KO, MMM, INTC, GE, JPM, CSCO)

Posted: April 20, 2010 at 8:49 am

2010 may be the year of many things, but it is so far becoming the year of dividend hikes.  The Procter & Gamble Company (NYSE: PG) has just joined the ...
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Top Day Trader Alerts (GS, MGM, IBM, HGSI, ARRY)

Posted: April 20, 2010 at 8:44 am

These are this morning's top day trader and active trader alerts.  We have links on each where appropriate with much more detail on the news, volume, price change and analysis ...
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Top 10 Analyst Upgrades and Downgrades (ADTN, LLY, MGM, MICC, N, POT, SNDK, TIVO, VIP, ZION)

Posted: April 20, 2010 at 8:26 am

These are the top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Monday morning: ADTRAN Inc. (NASDAQ: ADTN) Started as Buy at Needham. Eli Lilly ...
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The Twitter-24/7 Wall St. Stock Market Watch

Posted: April 20, 2010 at 8:20 am

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some ...
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Goldman Sachs Crushes Estimates As Critics Stew, Firm Appears To Moderate Compensation As UK Starts New Probe

Posted: April 20, 2010 at 7:28 am

Goldman Sachs Group (NYSE: GS), in the shadow of an SEC investigation, beat earnings estimates handily. It was not a surprise after Citgroup Inc. (NYSE:C), Bank of Americ (NYSE: BAC), and JPMorgan Chase ...
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Another Delay In iPad Shipments

Posted: April 20, 2010 at 6:25 am

Due to demand that drove iPad sales in the US to more than 500,000 units, the company had to delay the launch of the product overseas until May 10. That ...
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Trade Pressure On China From US Rushes Along

Posted: April 20, 2010 at 6:10 am

If China is not going to be named a "currency manipulator" perhaps some other form of designation with a similar effect will do. The U.S. Commerce Department may soon begin an ...
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Home Mortgage Modification Plan Gets Powerful Enemy

Posted: April 20, 2010 at 5:37 am

The Special Inspector General for the Troubled Asset Relief Program thinks that the Administration made a wrong turn on its path to help struggling American homeowners. Neil Barofsky said of the ...
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