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Monthly Archives: June 2010

Will Skype Lose Its Charm As It Starts To Charge For 3G Calls?

Posted: June 3, 2010 at 5:02 am

Skype, the pioneering VoIP company, says people have downloaded five million of its apps on Apple (NASDAQ: AAPL) iPhones. Skype means to leverage its new universe of 3G users by  ...
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Media Digest 6/3/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 3, 2010 at 4:01 am

Reuters:   G20 nations have no agreement on a bank levy. Reuters:   Buffett's  testimony before the Financial Crisis Inquiry Commission did little to change members' views of the ratings agencies. Reuter:   ...
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It’s Official: Ford Closes Mercury

Posted: June 2, 2010 at 3:58 pm

Ford will end production of Mercury vehicles in the fourth quarter of this year to further grow its core Ford and Lincoln brands, according to Ford Motor (NYSE: F) Existing ...
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Opportunity Knocks: Turning Around 3 Large Biotechs (AMGN, BIIB, GENZ)

Posted: June 2, 2010 at 2:17 pm

Biotech is the land of promise for emerging players.  It is also the land of stagnation for well established and sturdy giants.  Amgen, Inc. (NASDAQ: AMGN), Biogen Idec Inc. (NASDAQ: ...
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Moody’s, S&P, And Moral Relativism

Posted: June 2, 2010 at 12:07 pm

A former employee of Moody's testified before The Financial Crisis Inquiry Commission that he felt pressure from his superiors to improve market share for the company. That caused him and ...
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Home Sales Up, But Tax Credit And Jobs Threaten

Posted: June 2, 2010 at 11:55 am

Pending home sales rose again in April. But, the trend likely reversed itself in May. The housing market improvement may simply be a mirage. The National Association of Realtors reported: ...
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More Futility in Solar Land (CSIQ)

Posted: June 2, 2010 at 10:30 am

There are two words that investors fear inside of public companies:accounting irregularities.  That is what is hitting shares of Canadian Solar Inc. (NASDAQ: CSIQ) this morning.  The company said it ...
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Today’s Best Market Rumors (6/2/2010)

Posted: June 2, 2010 at 9:04 am

Updated throughout the day. The SEC is seeking to bar banker Steven Rattner from the securities industry. (NYTimes) Prudential plc may be a takeover target after its failed bid to ...
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Top Day Trader Alerts (AIG, AMGN, AAPL, ARNA, CSIQ, DIVX, SNIC, MON)

Posted: June 2, 2010 at 8:53 am

It looks as though none of this morning's major day trader and active trader alerts are on raw earnings announcements.  On the move are shares of American International Group Inc. ...
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The Twitter-24/7 Wall St. Stock Market Report 6.2.2010 The Wisdom Of Crowds?

Posted: June 2, 2010 at 8:51 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 ...
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Top Analyst Upgrades and Downgrades (CA, DE, HME, JBL, JOYG, LVS, MGM, MON, RFMD, S, SPWRA, WYNN)

Posted: June 2, 2010 at 8:21 am

These are some of this Wednesday's top analyst upgrades, downgrades, and initiations seen in the morning hours from Wall Street research notes: CA Inc. (NYSE: CA) Cut to Sell at ...
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BP Disaster: What If No One Is At Fault?

Posted: June 2, 2010 at 6:03 am

It is a legal practice, although perhaps not a principle, that someone or some entity, is at fault when something goes wrong. This extends from medical malpractice to car recalls to ...
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Will Every Foreign Worker In China Get A Raise? Will Every Chinese Worker?

Posted: June 2, 2010 at 5:36 am

There have been an extraordinary number of suicides at Chinese electronics company Foxconn which does a great deal of work for Apple Inc. (NASDAQ: AAPL). Foxconn recently raised salaries by 30%n which ...
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The Unions Ready To Go After Delta

Posted: June 2, 2010 at 5:18 am

Airline mergers always bring labor unrest. One of the purposes of industry marriages is to cut costs, and that almost always involves firing workers. The most important tool that airline ...
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Americans Don’t Know Their Broadband Speeds And May Not Care

Posted: June 2, 2010 at 4:58 am

A new FCC study shows that 4 out of 5 Americans do not know the connection speed of the broadband service in their homes. The FCC announced last week that ...
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