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Monthly Archives: June 2010

Japan Fears That It Is Next Greece

Posted: June 11, 2010 at 5:40 am

Japan could be the next Greece, at least according to its new prime minister who use to be the nation's finance minister. "It is difficult to sustain a policy that ...
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No Jail For Michael Dell

Posted: June 11, 2010 at 5:27 am

Michael Dell, founder of Dell Inc. (NASDAQ: DELL), will not go to jail for his own misdeeds of those of his company. It appears that the tech firm will dodge ...
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Obama Faces Losing Control Of Yuan Negotiations

Posted: June 11, 2010 at 5:10 am

If an American president lost control over his own international economic policy, he would be humiliated and emasculated. Congress is on the brink of taking over the  negotiations about the ...
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Europe’s Economy Will Slow China Inflation

Posted: June 11, 2010 at 4:51 am

Inflation in China rose 3.1% in May, higher than the government had forecast. Consumer prices were up 6.1% and wholesale prices rose 7.1% The numbers raised the issue of whether ...
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Media Digest 10/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 11, 2010 at 3:58 am

Reuters:   The US  is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters:   Geithner says US patience on the yuan is  disappearing. Reuters:   ...
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As Airlines Consolidate, American Airlines Left Out

Posted: June 10, 2010 at 6:29 pm

Less than 20 months ago, American Airlines (AMR) was the largest airline in the world competing against five smaller and weaker US legacy carriers. Following is a detailed summary of ...
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Government Ups Estimate Of Leak To As High As 40,000 Barrels A Day

Posted: June 10, 2010 at 6:14 pm

According to the federal government's Deepwater Horizon Response team, scientists now put the rate of the leak as high as 40,000 barrels a day.  BP plc (NYSE: BP) recently estimated ...
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Florida AG Asks For $2.5 Billion From BP

Posted: June 10, 2010 at 5:14 pm

Florida State Attorney General Bill McCollum has requested that BP plc put $2.5 billion in escrow to cover claims arising from the Deepwater Horizon oil spill. He must have learned ...
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No Free Lunch… Buffett Lunch Approaching $1M (BRK-A, EBAY)

Posted: June 10, 2010 at 4:18 pm

Berkshire Hathaway Inc. (NYSE: BRK-A) is known for its giving back, or at least Warren Buffett is.  Each year Buffett auctions off a luncheon at Smith & Wollensky in New ...
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This Month’s Biggest Index Losers: Surety and Title Insurance, Homebuilders, and Movie Production and Theater Stocks

Posted: June 10, 2010 at 4:08 pm

There were strong losses in three Tickerspy indexes over the most recent 30-day period. This month's biggest fallers are in surety and title insurance stocks, homebuilder stocks, and movie production ...
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Thor Drops Accounting Hammer (THO)

Posted: June 10, 2010 at 3:19 pm

Thor Industries, Inc. (NYSE: THO) is not a typical company we would cover for an earnings report.  Today is no normal earnings report.  The company did post rather impressive numbers, ...
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Big DOE Carbon Capture Winners (APD, VLO, ADM, LUK, DNR)

Posted: June 10, 2010 at 2:08 pm

Betting on carbon capture has been hard to do, and it still may be a stretch for some investors who may have preferred to see smaller companies.  Today came the ...
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Household Net Worth Up $1.1 Trillion To $54.6 Trillion

Posted: June 10, 2010 at 12:50 pm

Household net worth rose by $1.1 billion in the first quarter to $54.4 trillion according to The Federal Reserve, driven to some extend by rising stock prices and a desire ...
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Has Ag, Fertilizer & Potash Finally Bottomed? (POT, MON, MOS, SYT, IPI, MOO, ADM, BHP)

Posted: June 10, 2010 at 12:22 pm

Despite earnings warnings and lower guidance throughout 2009, analysts and investors chased up the potash and agriculture names due to the various potash and agriculture companies talking up forward shipments ...
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Congressional Oversight Panel’s 20/20 Hindsight On AIG

Posted: June 10, 2010 at 10:26 am

The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put ...
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