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Monthly Archives: June 2010

Consumer Credit Up $1 Billion In April–A Rounding Error

Posted: June 7, 2010 at 3:18 pm

The Federal Reserve announced that consumer credit rose $1 billion from March to April, a meaningless number because of its size. Total outstanding consumer credit for the month was $2.44 ...
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US Cost Of Euro Bailout Will Only Be $100 Billion

Posted: June 7, 2010 at 2:35 pm

The costs to US taxpayers for bailing out the week Euro nations will only be $100 billion, a bit less than the price tag for salvaging GM, Bank of America ...
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Germans Citizens Make Another Contribution To Eurozone

Posted: June 7, 2010 at 1:52 pm

German taxpayers have already given a great deal to their Eurozone partners by funding $50 billion of the region's nearly $1 trillion financial security package. The massive rescue facility has ...
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BioHealth Business Daily (ARQL, APPY, BPAX, BMY, CLDX, CELG, DCTH, JAV, KERX, PCYC, TLCR, VVUS)

Posted: June 7, 2010 at 1:22 pm

Today's edition of the BioHealth Business Daily is going to be very cancer-dominated due to the American Society of Clinical Oncology (ASCO) 2010 meeting that started this last weekend.  There ...
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The Below Average CEO: Paul Jacobs Of Qualcomm

Posted: June 7, 2010 at 12:56 pm

Average:  (Noun) 2 a : an estimation of or approximation to an arithmetic mean b : a level (as of intelligence) typical of a group, class, or series  – Webster ...
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Despite Some Success, Solar Beatings Continue (FSLR, STP, TSL, YGE, SOLF, SPWRA, TAN)

Posted: June 7, 2010 at 12:36 pm

For much of this year solar PV makers have been hammered for many reasons, most of which aren't related. For example, the proposed subsidy cut in Germany expected to take ...
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New Intermediate Corporate Bond ETFs Launch (BSCB, BSCC, BSCD, BSCE, BSCF, BSCG, BSCH)

Posted: June 7, 2010 at 12:07 pm

Claymore Securities has just launched several new investment grade corporate bond ETF products that are designed to allow investors to invest in a basket of bond maturities.  The Claymore BulletShares ...
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Wal-Mart’s College Program: Sign of a Benevolent Giant?

Posted: June 7, 2010 at 9:53 am

By John Hudson of The Atlantic Wire The country's largest private employer turned heads Thursday when it announced a new program to award employees college credit for jobs such as ...
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Today’s Best Market Rumors (6/7/2010)

Posted: June 7, 2010 at 8:57 am

Updated throughout the day. Walt Disney (NYSE: DIS) is in new talks to sell Miramax (LA Times) Sony (NYSE: SNE) Discovery Communications, and IMAX will launch a 3D venture (NYPost) ...
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Top Day Trader Alerts (ARQL, BPAX, BMY, BP, CTIC, KRY, TLCR, VVUS)

Posted: June 7, 2010 at 8:48 am

We have several big movers on news this morning, and none appear to be based upon earnings.  Stocks on the move are ArQule Inc. (NASDAQ: ARQL), BioSante Pharmaceuticals, Inc. (NASDAQ: ...
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The Government’s Peculiar Assault On Profits

Posted: June 7, 2010 at 8:48 am

By John Tamny of Forbes Politicians claimed to detest the corporate bailouts that they foisted on the economy back in 2008.  But now, with companies healthier and some sectors returning to profitability, ...
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The Twitter-24/7 Wall St. Stock Market Report 6.7.2010 The Wisdom Of Crowds?

Posted: June 7, 2010 at 8:45 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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Top Analyst Upgrades and Downgrades (AMZN, ANN, ABT, ATHN, ADSK, EAT, BMY, CELG, CSCO, FSLR, INTU, STP, SPWRA)

Posted: June 7, 2010 at 8:14 am

These are some of the major research calls we have seen from analysts in their upgrades, downgrades, and initiations so far this Monday: Amazon.com, Inc. (NASDAQ: AMZN) Raised to Conviction ...
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UK PM Gives Frightening Forecast For Nation’s Finances

Posted: June 7, 2010 at 8:05 am

Prime Minister David Cameron of the UK is no Winston Churchill. He gave a chilling speech about the future of his nation's finances, perhaps as a possible means to frighten ...
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Airline Industry To Post An Improbable Profit

Posted: June 7, 2010 at 6:36 am

The IATA, the industry's trade group that represents 220 carriers, said that the sector will post a profit this year. The exception to the move into black ink will be ...
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