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Monthly Archives: April 2010

The US Fixes The Car Industry And Plans To Break It Again

Posted: April 2, 2010 at 5:05 am

GM and Chrysler will pay the government back their tens of billions of dollars in loans by 2016 or go bust in the attempt. That is the year that the ...
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AIG’s Benmosche Forgets To Under-promise and Over-deliver

Posted: April 2, 2010 at 4:29 am

Flamboyant and loquacious AIG (AIG) CEO Robert Benmosche forgot the old business rule that it is best to under-promise and over-deliver. He told Reuters that he believes his company will pay ...
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Toyota Finds Forgiveness In China And Japan

Posted: April 2, 2010 at 4:03 am

Toyota (TM) found some measure of redemption in the US last month. Its sales rose 43% over March 2009.  Its unit sales were nearly the same as those of GM ...
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Is Drilling Offshore Alaska Worth It?

Posted: April 2, 2010 at 3:35 am

President Obama's proposal to lift the exploration and drilling ban along the US Outer Continental Shelf (OCS) could result in the recovery of billions of barrel of oil and trillions ...
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Media Digest 4/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: April 2, 2010 at 2:35 am

Reuters:   US Census hiring will life payrolls. Reuters:   The US will impose new airport security measures. Reuters:   The head of China will visit the US and the issue of the ...
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Tie For No.1 Among GM, F, And Toyota While Hyundai Falters

Posted: April 1, 2010 at 1:12 pm

Hyundai has been the star of the domestic car industry for over a year, as it picked up market share with its slick new cars and relatively low prices. Its ...
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Politics Aside, Jamie Dimon is Right (JPM, C, BAC, AIG)

Posted: April 1, 2010 at 11:16 am

J.P. Morgan Chase & Co. (NYSE: JPM) is in the news today because CEO Jamie Dimon issued a scathing letter to shareholders that effectively is attacking the current political climate ...
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The Oracle Of PIMCO: Healthcare Will Up Interest Rates, Greece Is Toast

Posted: April 1, 2010 at 11:09 am

Bill Gross, the most famous fixed income investor in the world, has grown progressively more pessimistic about the financial world's prospects. In his monthly letter to investors, he spent most of ...
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Dividends or Not, Utilities Need To Perform (XLU, SO, D, DUK, FPL, AEP, ETR, FE, EIX, PGN, PPL, XEL, DTE, AES, CEG, NRG, CPN, AYE, NU, PNW, POM, NST, OGE, TE)

Posted: April 1, 2010 at 9:54 am

Investors love dividends, and big stable utility stocks often have some of the highest dividends of any class of stocks.  There has just been one problem... Dividends or not, utilities ...
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ISM Improves But Spectre Of Inflation Looms

Posted: April 1, 2010 at 9:22 am

The March Manufacturing ISM report was better than expected, indicating that the economy is expanding whether job creation is occurring or not. The figures may support the theory that production in the US ...
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The Smart Money Starts To Turn Against Greece

Posted: April 1, 2010 at 9:04 am

The euro zone's IMF bailout of Greece has lost its power to attract the world's capital markets to the debt of the southern European country. The markets, as represented by ...
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China and the ‘Artificially Cheap Yuan’ Myth

Posted: April 1, 2010 at 8:38 am

By John Tamny of Forbes It's regularly said that the Chinese yuan is cheap, but since the yuan is defined in dollar terms, the Chinese currency is only cheap because ...
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Today’s Best Market Rumors (4/1/2010)

Posted: April 1, 2010 at 8:36 am

Updated throughout the day. The SEC may publicize details of prosecution even if people settle with the agency (NYT) Borders (BGP) will repay a $43 million loan to Pershing Capital. (NYPost) ...
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Jobless Data Fails To Inspire

Posted: April 1, 2010 at 7:39 am

After the surprise drop of 23,000 in ADP estimated payrolls for March, all eyes were on the Labor Department's weekly jobless claims data.  There was a drop of 6,000 on ...
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More Crushing News On Jobs, Challenger Gray Numbers Spike

Posted: April 1, 2010 at 7:37 am

A day after the monthly ADP survey showed a private sector job loss of 23,000 compared to a predicted 40,000 gain, employment consulting firm, Challenger Gray, said employers cut 67,611 ...
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