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Monthly Archives: June 2010

The Twenty Most Productive Nations In The World

Posted: June 28, 2010 at 5:32 pm

24/7 Wall St. decided to find the most productive countries in the world. The challenge of creating this list could be framed in a number of ways, including selecting a ...
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BP Can Deny CEO Departure Story, But Fate Already Set (BP)

Posted: June 28, 2010 at 11:04 am

24/7 Wall St. has had the dubious honor in recent years of picking many CEOs who are likely to go, either by firing, retirement, or by splitting of roles.  BP ...
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What Byrd’s Death Means for Financial Reform and Beyond

Posted: June 28, 2010 at 9:55 am

By John Hudson West Virginia Senator Robert Byrd died Monday at 92. He was an outspoken proponent of legislative power and served in the Senate for 51 years, longer than ...
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Bank For International Settlements: Deficits Are Crippling

Posted: June 28, 2010 at 9:32 am

The Bank for International Settlements made two observations in its 8oth Annual Report. One made sense. The basis for the second is a mystery. Much like the declaration of the ...
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Top Day Trader Alerts (AMZN, AVNR, OREX, FFCH, JASO, RIMM, MU)

Posted: June 28, 2010 at 9:10 am

These are this morning's top day trader and active trader alerts for Monday: Amazon.com, Inc. (NASDAQ: AMZN) is lower after Susquehanna cut its rating on fears of a competitive eReader ...
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Today’s Best Market Rumors (6/28/2010)

Posted: June 28, 2010 at 9:03 am

Updated throughout the day. Foursquare is close to raising money for expansion (WSJ) The owners of British coal miner Scottish Resources Group are seeking to bank more than £200 million ...
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Apple Sells 1.7 Million iPhones In Three Days, Most Successful Product Launch

Posted: June 28, 2010 at 8:53 am

Analysts wondered if Apple Inc had sold 1 million iPhones on its first day on sales. Probably so, because the company has announced that it sold 1.7 million units in ...
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iShares COMEX Gold Trust Gets Larger, Maybe (IAU)

Posted: June 28, 2010 at 8:47 am

Gold ETFs are still getting larger.  There is a filing from the iShares COMEX Gold Trust (NYSE: IAU) that will appear excessive just because of the vast share count of ...
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The Twitter-24/7 Wall St. Stock Market Report 6.28.2010 The Wisdom Of Crowds

Posted: June 28, 2010 at 8:46 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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AdMob Backers Unloading Google Shares (GOOG)

Posted: June 28, 2010 at 8:27 am

Google Inc. (NASDAQ: GOOG) filed on Friday evening to sell up to 1,076,123 shares of common stock.  The stock is all being filed on behalf of shareholders related to the ...
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Top Analyst Upgrades and Downgrades (AMZN, AMLN, ARBA, HAL, JASO, JKS, SOL, RIMM, STP, SWSI)

Posted: June 28, 2010 at 8:02 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research early this Monday: Amazon.com Inc. (NASDAQ: AMZN) Cut to Neutral at Susquehanna. Amylin Pharmaceuticals, ...
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The American Economy: Making Money By Keeping People Unemployed

Posted: June 28, 2010 at 6:09 am

The secret to the amazing increases in productivity in the American economy is finally out. Companies in the US are not hiring full-time workers. They are gambling that they can ...
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China Factory Output Down Nearly A Fifth As Other Car Companies Look On

Posted: June 28, 2010 at 5:55 am

Honda says that its factory output in China fell nearly 20% in the month of May. The labor dispute between Chinese workers and the Japanese car company worsened in June, ...
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BP May Have Met Its Match In The Weather

Posted: June 28, 2010 at 5:36 am

BP plc (NYSE: BP) may be close to capturing all the oil coming from the leak of the Deepwater Horizon rig. It caught 28,000  barrels of the rising crude on ...
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The Failure Of G-20 Meeting And The Trouble Financial Future

Posted: June 28, 2010 at 5:18 am

It will be harder to stabilize the global economy based on the principles which came out of the G-20 Toronto meeting than to put a camel through the eye of ...
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