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Monthly Archives: June 2010

The Hawkish Rate Hike Call Gets Even More Hawkish

Posted: June 3, 2010 at 3:03 pm

The FOMC should be raising the Fed Funds Rate from the 0.00% to 0.25% benchmark it has up to 1% by the end of summer.  That is what the hawkish ...
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Is Peak Oil Finally Here?

Posted: June 3, 2010 at 12:25 pm

The US Energy Information Agency has released its annual International Energy Outlook for 2010, and in contrast to its usually positive forecast for energy supply and demand, has seriously pulled ...
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Jeff Zucker’s Troubled Legacy at NBC

Posted: June 3, 2010 at 10:03 am

According to the New York Post, embattled NBC Chief Jeff Zucker has secured a golden parachute worth between $30 and $40 million. Though General Electric (NBC's parent company) denies it, ...
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Consumer Bankruptcy Filings On Course to Top 1.6 Million in 2010

Posted: June 3, 2010 at 9:50 am

Depending on how you look at it, the latest news on consumer bankruptcy filings means things are getting a bit better or they're getting a bit worse. According to ...
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A Win for FuelCell Energy (FCEL, PCG)

Posted: June 3, 2010 at 9:33 am

FuelCell Energy, Inc. (NASDAQ: FCEL) is not the biggest household name in alternative energy stocks, but is up this morning on a contract win.  The maker of ultra-clean power plants ...
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Top Day Trader Alerts (AIG, BP, XIDE, JAV, JOYG, SNWL, STP)

Posted: June 3, 2010 at 9:00 am

American International Group, Inc. (NYSE: AIG) bankers have, according to Bloomberg, estimated that its Asian life insurance unit would be valued between $32 billion and $36 billion after an IPO.  ...
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Today’s Best Market Rumors (6/2/2010)

Posted: June 3, 2010 at 8:56 am

Updated throughout the day. The former management team of KBC Alternative Investment Management will launch a hedge fund later this year (Financial News) BP plc (NYSE: BP) CEO Tony Hayward ...
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The Twitter-24/7 Wall St. Stock Market Report 6.3.2010 The Wisdom Of Crowds?

Posted: June 3, 2010 at 8:41 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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Mixed Jobless Data Ahead of Unemployment

Posted: June 3, 2010 at 8:40 am

The report for Weekly Jobless Claims did show a drop, just not one that shows a robust labor market.  There was a 10,000 drop to 453,000, but that is based ...
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Top Analyst Upgrades and Downgrades (ALXN, ACAS, ATHN, BCSI, CERN, SCHW, CL, FMCN, NVDA, PG, RVBD)

Posted: June 3, 2010 at 8:29 am

These are this Thursday morning's top analyst upgrades, downgrades and initiations seen from Wall Street research calls: Alexion Pharmaceuticals (NASDAQ: ALXN) Raised to Outperform at Oppenheimer. American Capital, Ltd. (NASDAQ: ...
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Government Data Shows Spill Surge Toward Florida

Posted: June 3, 2010 at 7:34 am

Government data provided by the NOAA shows that the oil from the Deepwater Horizon is moving rapidly to the east. The agency reported that NOAA scientists continue to generate surface ...
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Gallup’s Unemployment Measure Flat At 19.1%

Posted: June 3, 2010 at 6:30 am

Unemployment, as measured by Gallup ,indicates no improvement in joblessness in May, a bad sign for the government unemployment numbers to be released this Friday. The research firm says that its ...
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Apple Says It Will Not Take On Google In Search, But It Already Has

Posted: June 3, 2010 at 6:08 am

Apple's (NASDAQ: AAPL) Steve Jobs says his company will not take on Google (NASDAQ: GOOG) in the search business.  The Apple App Store , however, already competes against Google in ...
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Which Car Brand Closes Next?

Posted: June 3, 2010 at 5:47 am

Pontiac is gone now. So is Saturn, and in effect Hummer. Ford Motor (NYSE: F) announced that it would fad out Mercury, a brand created by Henry Ford's son Edsel. ...
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What Assets Will BP Sell To Fund The Gulf Disaster Clean-Up?

Posted: June 3, 2010 at 5:24 am

Wall St. is starting to consider what the Gulf disaster will cost BP plc NYSE: BP) both in legal and liability costs and clean-up expenses. Some scientists believe that the ...
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