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Monthly Archives: April 2010

The IMF And The Greek Chapter 11

Posted: April 16, 2010 at 6:18 am

George Papandreou, the besieged prime minister of Greece, told his parliament that the southern European nation is not bankrupt though the IMF may have to join Eurozone nations in a bailout. According ...
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Who Put Consumer Reports In Charge Of Car Testing?

Posted: April 16, 2010 at 6:03 am

Consumer Reports' monopoly on auto testing remains largely unquestioned. Recently, the magazine found that the Lexus 460 rolls over. In years past, it has found problems with Jeeps and Firestone ...
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Mortgage Rates At A Crossroads

Posted: April 16, 2010 at 5:36 am

Mortgages rates fell to 5.07% last week for 30 year fixed loans. That cuts against the theory that the Treasury auctions will push up rates and that the Fed's decision ...
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At Last, A Ray Of Sunshine For Video Game Sales

Posted: April 16, 2010 at 5:20 am

The recession nearly ruined the video game business, pushing some publishers such as Take-Two Interactive (NASDAQ: TTWO) to the financial brink. Even Electronic Arts (NASDAQ:ERTS) reported huge losses and laid ...
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What If Germany Leaves Eurozone?

Posted: April 16, 2010 at 5:06 am

It has only been a month since German Chancellor Angela Merkel suggested that the Eurozone needed a way to eject companies from the alliance if they persistently broke its financial rules. ...
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Media Digest 4/16/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 16, 2010 at 3:59 am

Reuters:   The Fed backed "extending language" on rates. Reuters:   About 60% CDS could be cleared centrally according to experts. Reuters:   Bank of America Corporation (NYSE: BAC) and Symphony will link ...
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Money Matters, Diamonds Beckon

Posted: April 15, 2010 at 8:20 pm

Yields on money market funds continue to drop. They currently pay interest of about .01% per year. Gold looks more attractive as an investment, and so do, perhaps, diamonds. Read ...
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Top After-Hours Stock Movers (AMD, BSX, GOOG, LGF, NPSP, YHOO)

Posted: April 15, 2010 at 5:04 pm

There will start to become an obvious here in our after-hours movers... Earnings reports.  That is not the entire case tonight, although earnings are impacting shares.  Tonight's after-hours move include ...
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Google, When Good Isn’t Enough (GOOG)

Posted: April 15, 2010 at 4:19 pm

Google Inc. (NASDAQ: GOOG) delivered its earnings after the close, and earnings season for tech and internet companies may have just taken a turn (not for the better).  The company ...
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Rio Tinto Boosts Iron Ore Production But Faces Speed Bumps

Posted: April 15, 2010 at 2:58 pm

During the first quarter of 2010, Rio Tinto plc (NYSE:RTP) boosted production of iron ore by 39% compared with the same period last year. The primary driver, as expected, is China, where ...
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BioHealth Business Daily (AEZS, ANDS, ACHN, AKRX, DVAX, GENZ, IDIX, MIPI, RPRX, SNTS, WCRX)

Posted: April 15, 2010 at 1:33 pm

Today's episode of the BioHealth Business Daily has many stocks moving on hepatitis news and starting with the letter "A" coincidentally.  Shares of AEterna Zentaris (NASDAQ: AEZS), Anadys Pharmaceuticals, Inc. ...
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Bracing For 2 More DJIA Component Earnings (BAC, GE, AA, INTC, JPM)

Posted: April 15, 2010 at 11:31 am

Just yesterday with so many stocks hitting new 52-week highs, we noticed that 10 of the 30 DJIA components had hit new 52-week highs.  Two of those were Bank of ...
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Financial Reform–Soon to Become the Next Health Care Reform?

Posted: April 15, 2010 at 11:01 am

By Heather Horn The New York Times' David Herszenhorn and Sewell Chan say the financial reform fight is already "echoing" the epic battle over health care. Senator Mitch McConnell recently ...
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Google Braces For Earnings (GOOG)

Posted: April 15, 2010 at 10:50 am

Google Inc. (NASDAQ: GOOG) is on deck for earnings after the close of trading today, and like most tech and internet stocks the expectations are high.  Thomson Reuters has estimates ...
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AMD Faces Raised Bar For Earnings Expectations (AMD, INTC)

Posted: April 15, 2010 at 10:24 am

Advanced Micro Devices Inc. (NYSE: AMD), Intel's only quasi-rival, is on deck for earnings today after the closing bell today.  Thomson Reuters estimates are for -$0.07 EPS and $1.54 billion ...
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