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Monthly Archives: June 2010

AT&T Kills Apple iPhone 4 Pre-Orders

Posted: June 16, 2010 at 11:06 am

From the AT&T website: "Pre-orders for iPhone temporarily suspended." So much for Father's Day. Douglas A. McIntyre ...
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Slick Grows Quickly In Gulf, Proof Leak Is Huge Now

Posted: June 16, 2010 at 11:00 am

The NOAA maps of the Deepwater Horizon slick show that it has increased significantly in size and now threatens the entire West Coast of Florida as far south as the ...
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Top Day Trader Alerts (BP, CRIS, FDX, NBIX, NOK, SMTS, SONC, URRE)

Posted: June 16, 2010 at 9:13 am

There are many stocks on the move this morning in the top day trader alerts and top active trader alerts.  BP plc (NYSE: BP), Curis Inc. (NASDAQ: CRIS), FedEx Corporation ...
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Today’s Best Market Rumors (6/16/2010)

Posted: June 16, 2010 at 8:52 am

Updated throughout the day. The US, EU, and IMF will give Spain $300 billion in aid (various) The Fed may not be regulated under the new financial reform bill (Reuters) ...
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The Return of False Press Releases (ELX, GIS)

Posted: June 16, 2010 at 8:49 am

Do you recall the press release hoax in 2000 that hit Emulex Corp. (NYSE: ELX)?  It was a disaster and also changed the manner in which many reporters covered news ...
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Housing Bleeds Out

Posted: June 16, 2010 at 8:41 am

Perhaps it is the expiration of housing tax credits, or high unemployment, or fears about a second recession. The Commerce Department said that housing starts in May were awful Privately-owned ...
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The Twitter-24/7 Wall St. Stock Market Report 6.16.2010 The Wisdom Of Crowds?

Posted: June 16, 2010 at 8:30 am

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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Freddie Mac Delisting, Fannie Mae Next (FNM, FRE)

Posted: June 16, 2010 at 8:24 am

The day has come for Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM).  Freddie Mac has notified the New York Stock Exchange of its intent to delist its common ...
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Nokia Hammered By Apple And Android

Posted: June 16, 2010 at 8:12 am

Nokia oy (NYSE: NOK) may hold 38% of the global handset market, but it has lost whatever edge it had in the smartphone market--mostly to the Apple Inc (NASDAQ: AAPL), ...
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Top 10 Analyst Upgrades and Downgrades (AAPL, BYI, BHP, DWA, FRO, IGT, CSCO, JPM, PCLN, RS)

Posted: June 16, 2010 at 8:07 am

These are ten of this Wednesday's top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes: Apple Inc. (NASDAQ: AAPL) Raised estimates and Target to $348.00 ...
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Fitch, BP, and Friends: Downgrade To Panic (BP, RIG, APC, HAL)

Posted: June 16, 2010 at 7:20 am

Fitch is generally considered third fiddle in a two-agency dominated game of debt ratings behind Moody's and Standard & Poor's.  But a 'timely' downgrade out of Fitch on BP plc ...
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German Confidence Drops As It Sweats The EU Recovery

Posted: June 16, 2010 at 6:17 am

Germany's economy, the fourth largest in the world, is supposed to carry it through the Eurozone disaster. That is what the Germans thought. But the confidence has become a fascade. ...
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The Question Comes Up Again: Will The US Rescue Europe

Posted: June 16, 2010 at 5:51 am

The EU denied rumors that it would give Spain an aid package of $307 billion along with the IMF and US. Spain's borrowing costs are moving toward those that Greece ...
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Another Dagger Into Housing’s Heart: Defaults Rise

Posted: June 16, 2010 at 5:21 am

There has been a great deal of data from the federal government that people who have received modified mortgages end up defaulting on those home loans. The number is estimated ...
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Many Americans Think Oil Spill Damage Will Be Permanent

Posted: June 16, 2010 at 4:50 am

The two most pessimistic views of the BP plc (NYSE: BP) disaster are that the flow of oil from the well cannot be stopped by human intervention and that the ...
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