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Monthly Archives: April 2010

Top Analyst Upgrades and Downgrades (AIB, AMD, CREE, DNDN, GS, ERIC, LVS, MCD, MOS, POT, PIR, CRM, TLB, WYNN)

Posted: April 14, 2010 at 7:29 am

These are this Wednesday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Allied Irish Banks plc (NYSE: AIB) Raised to Buy from Neutral at Goldman Sachs. ...
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Mortgage Applications Plunge

Posted: April 14, 2010 at 7:06 am

It could be the continued drop in home prices or the fear that the economy will not recover. It would be that the end of federal government tax credits for ...
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JPMorgan Earnings Show Value Of Trading Operations

Posted: April 14, 2010 at 6:46 am

JPMorgan Chase & Co. (NYSE: JPM) said its earnings in the last quarter rose 57% to $3.3 billion. The earnings period ended in March.  The number topped Wall St. estimates. They ...
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Breaking The Banks With A New “Sin Tax”

Posted: April 14, 2010 at 6:00 am

Regulators in the US and Europe are still sifting through a variety of programs that would create a tariff on large  banks to create a pool of money that could ...
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The $3,000 Laptop No One Needs

Posted: April 14, 2010 at 5:19 am

Apple Inc's (NASDAQ: AAPL) new Macbook Pro can cost as much as $2,299 with a 17 inch monitor. That is not with  additions that can push the price to more than ...
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Charges Of Racial Discrimination In Census Hiring

Posted: April 14, 2010 at 5:03 am

Several groups have sued the The U.S. Census Bureau for discriminating as it hires workers for the 2010 survey. According to The Wall Street Journal, "In the suit, job applicants ...
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The 300 Billion Euro Greek Problem

Posted: April 14, 2010 at 4:37 am

Greece will have to raise 12 billion euros in the next two months to relieve its sovereign debt obligations and cover deficits. That is a relatively small part of the 54 billion ...
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TARP Oversight Panel Say Obama Mortgage Program Ineffective

Posted: April 14, 2010 at 4:15 am

The Congressional Oversight Panel that keeps track of the TARP has a message for the Administration: The home loan modification program is moving so slowly that it cannot come close to matching ...
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Media Digest 4/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 14, 2010 at 2:53 am

Reuters:   Daimler kept its earnings and dividend outlook for 2010. Reuters:   American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters:   Intel Corporation (NASDAQ: INTC) results lifted ...
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Ambac Sees Biggest Stock Price Reversal Of The Year (ABK)

Posted: April 13, 2010 at 3:46 pm

Ambac Financial Group, Inc. (NYSE: ABK), the troubled muni bond insurance and financial guaranty company, was up to $3.39 earlier after opening at $2.95 this morning and after closing at $2.25 ...
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Intel Keeps The Momentum Rolling (INTC, AMD, SMH)

Posted: April 13, 2010 at 3:29 pm

Intel Corporation (NASDAQ: INTC) just reported earnings for the first quarter of 2009.  Expectations were high with the hope of a beat and raise quarter.  The near-monopoly in the world ...
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Opportunities Remain in the Oil Patch (RDS-A, E, COP, HAL, WEL, HK, KMP, EPD, XOM, CEO, BP)

Posted: April 13, 2010 at 2:32 pm

Acquisitions, joint ventures, and ratings news in the oil patch have made for a busy day or two, and have also pointed out a handful of reasons pointing to a ...
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Roubini: Fed Hold Rate At Zero, How About Minus .5%?

Posted: April 13, 2010 at 1:59 pm

Famous economist Nouriel Roubini has so many opinions on the future of the financial world that he is almost always right 50% of the time. He now says the Fed ...
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Lululemon Starts Reflecting Charts and Valuations (LULU)

Posted: April 13, 2010 at 1:15 pm

Lululemon Athletica Inc. (NASDAQ: LULU) has been in our list of Unusual Suspects each weekend now for three weeks running.  It isn't because the earnings were great or because of ...
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Sinopec Buys Canadian Oil Sands Producer

Posted: April 13, 2010 at 11:47 am

By staff reporter Chen Zhu of Caixin State-owned Chinese oil company Sinopec has agreed to purchase a 9 percent stake in the Canadian oil sands project, Syncrude, from ConocoPhillips. Read ...
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