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Monthly Archives: June 2010

Another Damaging 787 Setback For Boeing

Posted: June 25, 2010 at 5:51 am

Boeing (NYSE: BA) says it has found more problems with its 787 Dreamliner. The company said it would inspect the plane for "workmanship" issues. There is apparently a problem with ...
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Hulu About To Charge Customers

Posted: June 25, 2010 at 5:17 am

Hulu, the premium internet content service, is about to charge customers for access to certain TV shows and movies, perhaps the most important experiment ever to test whether consumers are ...
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Consumer Confidence Slips Back To Recession Period Levels

Posted: June 25, 2010 at 4:56 am

The effects of high unemployment, a troubled housing market, and households which remain leveraged at a relatively high level have pushed consumer confidence back to rates not seen since mid-2009. ...
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Short Sellers Up Bets Against BP By 290%, Flee Other Weak Shares

Posted: June 25, 2010 at 4:36 am

The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company ...
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Media Digest 6/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 25, 2010 at 3:45 am

Reuters:   Lawmakers are close to crafting a final financial reform bill. Reuters:   BP plc (NYSE: BP) shares fell again on clean-up cost concerns. Reuters:   Large numbers of ...
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The Greeks Sell Their Treasures To Finally Pay Their Debts

Posted: June 24, 2010 at 10:50 pm

There have been rumors for several months that the Greek government might have to resort to selling the Acropolis to pay some of its staggering national debt. That was almost ...
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This Month’s Biggest Index Gainers: Geothermal, Brazil, And Chinese Travel Stocks

Posted: June 24, 2010 at 4:30 pm

There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month's biggest risers are in Geothermal Stocks, Brazil Stocks and ADRs and Chinese Travel Stocks. As ...
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Bartz Focusing on Yahoo! Share Price (YHOO, GOOG, MSFT)

Posted: June 24, 2010 at 4:23 pm

Yahoo Inc. (NASDAQ: YHOO) had its annual meeting of shareholders today.  The still relatively new CEO Carol Bartz says she wants to improve the company's margins to build shareholder value.  ...
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YouTube Viewership Hits Record: A Fool And His Time Are Soon Parted

Posted: June 24, 2010 at 3:28 pm

The average American clearly does not have a way to make constructive use of his time. Over the course of a month, he watches 100 videos on YouTube. At least ...
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BP Takes Out New 52-Week and Multi-Year Lows (BP)

Posted: June 24, 2010 at 2:11 pm

BP plc (NYSE: BP) gave  another black eye to shareholders.  All the bottom fishers are finding out that they are really just bottom sniffers.  BP's ADRs hit new 52-week lows ...
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Home Depot & Lowe’s… Chart Alert vs. Fundamentals (HD, LOW)

Posted: June 24, 2010 at 1:44 pm

Dow component Home Depot, Inc. (NYSE: HD) and Lowe's Companies Inc. (NYSE: LOW) probably would have been soft today with or without an analyst downgrade.  The housing data is not ...
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Record Low Mortgage Rates Do Nothing To Help Housing

Posted: June 24, 2010 at 10:48 am

RealtyTrac reported recently that the foreclosure rate is still well above 300,000 a month and could hit a record this year. Housing starts and new home sales are close to ...
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Storm Threatens The Gulf (Update 6/24)

Posted: June 24, 2010 at 9:44 am

The National Hurricane Center and NOAA have updated the information on the storm that is moving into the Gulf: A TROPICAL WAVE OVER THE WESTERN CARIBBEAN SEA CONTINUES TO ...
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Today’s Best Market Rumors (6/24/2010)

Posted: June 24, 2010 at 8:41 am

Updated throughout the day. GM may launch its IPO next month and set auto finance deals with several financial firms. (WSJ) Providence Equity Partners is in talks to buy Hasbro ...
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The Twitter-24/7 Wall St. Stock Market Report 6.24.2010 The Wisdom Of Crowds

Posted: June 24, 2010 at 8:30 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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