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Monthly Archives: May 2010

National Employee Morale Day At British Telecom

Posted: May 13, 2010 at 7:13 am

BT employees are not willing to see 15,000 of their number thown under a bus. They will strike to protect jobs. Running a telecom without people is still very hard ...
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BP Oil Spill Costs Top $450 Million As Questions About The Dénouement Rise

Posted: May 13, 2010 at 6:14 am

BP plc (NYSE: BP) says the costs of cleaning up and attempting to cap the oil flow from what is left of the Deepwater Horizon have risen above $450 million.  According ...
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Sprint: Who Wants 4G?

Posted: May 13, 2010 at 5:53 am

The premise behind the turnaround plans of Sprint-Nextel (NYSE: S) is that the 4G WiMax ultra-fast wireless network that it is building with Clearwire (NASDAQ: CLWR) with the financial support of Intel ...
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Sony Earnings And Prospects Still Dismal, Time To Break It Up

Posted: May 13, 2010 at 5:31 am

Sony (NYSE: SNE) said that its numbers for the fiscal year ending on March 31 were better than last year. They were, but only marginally. And, in several key segments ...
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The Death Of Wall St.

Posted: May 13, 2010 at 5:04 am

The Wall Street Journal reports that J.P. Morgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Deutsche Bank AG (NYSE:DB)  and UBS AG are under investigation for allegedly having "misled investors about ...
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A Little Relief In Foreclosure Rates

Posted: May 13, 2010 at 4:57 am

Mortgage foreclosures are either getting better or worse, depending on the point of view. Realty Trac, which keeps monthly figures on defaults and forecloses, said that there were 333,837 in April. ...
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Media Digest 5/13/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 13, 2010 at 3:51 am

NYT:   NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank ...
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BioHealth Business Daily (AEZS, ACHN, EXEL, MNTA, NBIX, OXGN, PGNX, SQNM, SCLN, VVUS, VICL)

Posted: May 12, 2010 at 4:33 pm

There were many stocks in Biotech and BioHealth with plus-signs after their share prices today.  The BioHealth Business Daily is smoothing out the brief winners and losers to only weed ...
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Cisco Squeeks Past Estimated With Explosive Earnings

Posted: May 12, 2010 at 4:33 pm

Cisco Systems Inc (NASDAQ: CSCO) reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.37 per share, and ...
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Ten Companies That Could Benefit from the Gulf Oil Spill (FSLR, OPTT, SPWRA, ENER, SOLR, RSOL, ZOLT, FCEL, CLNE, AMSC)

Posted: May 12, 2010 at 2:39 pm

There's nothing like impending doom to focus the mind. And we may be seeing some of that as the efforts to clean-up the spewing oil from the explosion at the ...
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US Budget Deficits As Long As The Eye Can See…

Posted: May 12, 2010 at 2:24 pm

The deficit watch is only getting broader... Uncle Sam, via bailouts and other entitlements to keep the economy afloat, spent more than it brought in with a total federal budget ...
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Walmart To Spend $2 Billion To Relieve US Hunger

Posted: May 12, 2010 at 1:45 pm

According to the US Agriculture Department, 15% of Americans do not have access to an adequate supply of nutritious food. Walmart (NYSE: WMT) means to relieve a large part of the problem and will ...
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When Oil Forecasts Conflict: IEA vs. EIA

Posted: May 12, 2010 at 1:01 pm

Reading around various projections of future oil demand is one way to get an opinion for which direction oil prices are heading.  The problem is that you better have some ...
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What’s In That Wall Street Bill? Part Two

Posted: May 12, 2010 at 12:15 pm

Last week was a busy one for Wall Street watchers, ending in a dizzying market whiplash on Thursday, the  Dow’s biggest weekly point drop since the free fall of October ...
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Investigation of Morgan Stanley Leaked, Dick Bove Furious

Posted: May 12, 2010 at 12:12 pm

By Bess Levin, Dealbreaker Dick Bove, top ranked analyst covering Morgan Stanley, published a report this morning attacking the Justice Department for keeping its investigation of Morgan Stanley (NYSE: ...
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