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Monthly Archives: May 2010

24/7 Wall St.’s Corporate Power Rankings: Week 20

Posted: May 31, 2010 at 9:11 pm

The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ...
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Apple iPad Sales Rocket Above Two Million, Revenue Could Be $1.2 Billion

Posted: May 31, 2010 at 11:58 am

Apple, Inc. (NASDAQ: AAPL) announced that sales of its iPad tablet have gone above tw0 million less than 60 days after the product was launched on April 3. Late last ...
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NOAA Shows Spill Moves Deeper In Gulf And Toward Florida

Posted: May 31, 2010 at 11:12 am

New maps from the NOAA show the spill from the Deepwater Horizon spreading toward Cuba and the southern tip of Florida. The leak has now been pumping roughly 15,000 barrels ...
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Bank Failures Hit 78

Posted: May 30, 2010 at 5:28 pm

Bank failures hit 78 on Friday putting them on a course that could that will take them over 200 in 2010. Sun West Bank, Las Vegas, NV Granite Community Bank, ...
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Oil Spill Spreads Rapidly After “Top Kill” Fails

Posted: May 30, 2010 at 7:27 am

The surface size of the Deepwater Horizon spill is expanding rapidly as news came out that the "top kill" attempt by BP plc (NYSE: BP) has failed and the company ...
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BP Kills Top Kill

Posted: May 29, 2010 at 7:30 pm

BP plc's (NYSE: NBP) plan to pump heavy mud into the leak caused by the Deepwater Horizon disaster, known as "top kill" appears to have failed. The oil company had ...
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The Unusual Suspects (AIG, AZN, BRK-A, BRK-B, MCO, C, GNMK, IEP, LGF, SI, STP, PHYS, SNF, EWP, TEF)

Posted: May 29, 2010 at 10:34 am

We have an unusual cast of characters in this week's version of THE UNUSUAL SUSPECTS for the week ahead, with almost none being tied to earnings.  Some of the key ...
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Signs Of The Apocalypse: Fitch Downgrades Spain

Posted: May 28, 2010 at 2:05 pm

Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain's long-term foreign and local currency issuer default ratings to AA+ from AAA.  The news wrecked the ...
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Buffett and the Ratings Agency Political Dragnet (BRK-A, MCO)

Posted: May 28, 2010 at 12:23 pm

Warren Buffett may not be immune to the world of political inquiries and those looking for more "What really happened?" answers out there.  CNBC and others reported last night that ...
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Politics and Offshore Drilling (BP, CVX, XOM, RDS-A)

Posted: May 28, 2010 at 12:05 pm

At President Obama's news conference yesterday, he admitted that he and his administration's response to the blow-out of the BP plc (NYSE:BP) Macondo well in the Gulf was wrong. At ...
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Toys ‘R’ Us: Flat Revenue, Bad IPO

Posted: May 28, 2010 at 11:44 am

Toys "R" Us has filed its S-1 with the SEC as it prepares its IPO. The retailer plans to raise $800 million. The company has been private for half a ...
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Network TV Ad Sales Stronger Than Expected (CBS, NWS, DIS, GE)

Posted: May 28, 2010 at 10:58 am

The broadcast TV networks' dog-and-pony show known as the "upfront market" has gotten off to a good start this year. Advertisers get to see the coming season's new TV shows ...
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Chicago Purchasing Managers, Prelude to Weak ISM

Posted: May 28, 2010 at 10:04 am

If you were wondering how long it would take for all the trouble in Europe to spill over into manufacturing orders, wait no longer.  It already has.  At least that ...
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Today’s Best Market Rumors 5/28/2010

Posted: May 28, 2010 at 9:01 am

Updated throughout the day. A group led by Centerbridge Partners has won the bidding for Extended Stay (NYTimes) The Walt Disney Co (NYSE: DIS) may not be able to find ...
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Top Day Trader Alerts (AAPL, BCSI, BP, CKXE, GES, JTX, MENT, OVTI, VVUS)

Posted: May 28, 2010 at 8:59 am

Today's day trader and active trader alerts are moving some on earnings and some on other news. The big pre-market movers seen early this morning are Apple Inc. (NASDAQ: AAPL), ...
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