Monthly Archives: June 2010

More Than Half Of National Workforce Hurt By Recession

Posted: June 30, 2010 at 4:52 am

The unemployment rate in the US is about 10%. The figure rises to 17% when people seeking full-time work who have part-time jobs and those who have stopped looking for ...
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Media Digest (6/30/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 30, 2010 at 3:54 am

Reuters: Democrats will make a final push for financial reform. Reuters: Hurricane Alex is likely to affect clean-up efforts in the Gulf significantly. Reuters: Oil will have its first quarterly ...
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S&P Puts Primary Competitor On CreditWatch, Will Moody’s Retaliate?

Posted: June 29, 2010 at 9:35 pm

Moody's (NYSE: MCO) has done many bad things including leading investors in mortgage-backed securities astray by giving the risky instruments AAA ratings. Some observers even believe that the credit ...
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Nikkei Sells Off 2% In Early Trading

Posted: June 29, 2010 at 9:08 pm

Sony (NYSE: SNE), Casio, Mazda, and Okuma Corporation down more than 3%. Douglas A. McIntyre ...
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The TARP Leaves The Building Early

Posted: June 29, 2010 at 7:49 pm

Via MarketWatch: The sweeping Dodd-Frank bank reform bill was amended Tuesday by a joint House-Senate conference committee to change the way the bill is funded, in order to address the ...
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Does Killing Unemployment Benefits Kill The Economy?

Posted: June 29, 2010 at 7:45 pm

The House of Representatives failed to pass a bill to extend unemployment benefits until November. The number of people who would be covered is more than a 1.5 million and ...
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Note To William H. Gray III Of Dell’s Board: Save The Women And Children

Posted: June 29, 2010 at 6:43 pm

Dell board member William H. Gray III, who runs the company's Governance and Nominating committee, has a problem. He needs to replace CEO Michael Dell, but replacing a company's founder ...
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When an ETF Becomes Too Dominant in Commodities (GLD, IAU, SGOL, PHYS)

Posted: June 29, 2010 at 5:13 pm

The gold trade is becoming too concentrated. For a nearly free-market mentality, this almost hurts to say. The SPDR Gold Shares (NYSE: GLD) has just become too large. The company's ...
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iPhone for Verizon, Better Late Than Never (VZ, AAPL, T)

Posted: June 29, 2010 at 3:16 pm

The rumor mill has been active on this for months and months, but the Apple Inc. (NASDAQ: AAPL) iPhone rumor mill is stirring again. Bloomberg reported that Verizon Communications Inc. ...
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Haven Stocks: Stock Winners On Big Losing Day (GLD, TLT, NLY, BP, BWEN, CYCC, SFD, TSLA, TEVA, ZEP)

Posted: June 29, 2010 at 2:26 pm

There is always one interesting notion when there is a day that the market has fallen out of bed. There are almost always some stocks which rally because of news ...
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Reality Check: Fannie Mae & Freddie Mac Go To Zero (FNM, FRE)

Posted: June 29, 2010 at 1:24 pm

If you have watched Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), you know what has gone on. These are technically Federal National Mortgage Association (NYSE: FNM) and Federal ...
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This Month’s Biggest Index Losers: Home Furnishing Retailers, Homebuilders, and Surety and Title Insurance StocksGeothermal, Brazil, And Chinese Travel Stocks

Posted: June 29, 2010 at 12:37 pm

Heavy losses were sustained in three Tickerspy indexes over the last 30-day period. This month’s biggest index losers are in home furnishing retailers, homebuilders, and surety and title insurance stocks. Home ...
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