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Monthly Archives: June 2010

Can Apple Overtake ExxonMobil As #1 By Market Cap? (AAPL, XOM, MSFT, BP, XTO, USO)

Posted: June 24, 2010 at 6:02 am

24/7 Wall Street keeps a list of America's biggest companies by market capitalization rates in its own proprietary Real-Time 500.  The issue worth consideration here may seem rhetorical, yet it ...
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The Odd German Theory: Growth And Austerity Go Together

Posted: June 24, 2010 at 6:01 am

Ahead of the G20 meeting in Toronto and on the heels of a series of austerity programs announced by countries throughout Europe, Germany has argued that its austerity program goes ...
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Toyota CEO Apologizes To Shareholders

Posted: June 24, 2010 at 5:45 am

Toyota Motor (NYSE: TM) CEO Akia Toyoda spent most of the company's annual meeting today trying to gain back shareholder trust and explain how the Japanese automaker will regain its ...
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Apple Likely To Sell One Million iPhones Today

Posted: June 24, 2010 at 5:08 am

Odds are strong that Apple Inc. (NASDAQ: AAPL) will sell one million iPhones today. The smartphone will launch in the US and several large wireless markets including the UK, France, ...
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The GM IPO Loses Its Window

Posted: June 24, 2010 at 4:42 am

There are more rumors that GM will have an IPO before the end of the year. The latest gossip is that the Treasury will sell 20% of its shares in ...
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Looking Back, The Fed Never Cut Enough

Posted: June 24, 2010 at 4:23 am

The housing market is in trouble, and perhaps enough trouble that it will be the one sector of the economy that will face  a  double-dip recession. The idea that housing ...
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Media Digest 6/24/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 24, 2010 at 3:51 am

Reuters:   BP plc (NYSE: BP) began to siphon oil again. Reuters:   The Wall St. reform bill is almost done. Reuters:   Venezuela will nationalize some oil rigs owned by a US ...
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YouTube Crushes Viacom In Court

Posted: June 23, 2010 at 4:54 pm

According to Google: Today, the court granted our motion for summary judgment in Viacom’s lawsuit with YouTube. This means that the court has decided that YouTube is protected by the ...
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eBay Wants More of the iPhone Market (EBAY, AAPL)

Posted: June 23, 2010 at 4:14 pm

eBay Inc. (NASDAQ: EBAY) has announced that it has acquired RedLaser, company which has a play around the Apple Inc. (NASDAQ: AAPL) iPhone.  RedLaser is a 'popular' barcode scanning application ...
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FOMC: When Will Rate Hikes Come?

Posted: June 23, 2010 at 2:18 pm

As expected, the Federal Open Market Committee under Ben Bernanke has voted to leave the Fed Funds Rate unchanged at the Target of 0.00% to 0.25%.  The vote was 9 ...
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Deepwater Horizon: Leak Increases

Posted: June 23, 2010 at 12:41 pm

Several media outlets are reported another disaster at the Deepwater Horizon locations. MSNBC: Oil was again gushing uncontrollably from the BP spill site on Wednesday after the company was forced ...
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Dividend Hunts, Diversifying Through MLPs (AMJ, MLPI, MLPN, KYN, KYE)

Posted: June 23, 2010 at 11:56 am

Being an income-oriented investor in chase of dividends and chasing returns of capital has driven many investors to Master Limited Partnerships, or MLPs, over the years.  With Treasuries paying next ...
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America’s Wealthiest CEOs To Renew Hiring

Posted: June 23, 2010 at 11:48 am

The chief executives of the nation's most prosperous companies, members of The Business Round Table, said that they will begin hiring again. Put another way, 39% of them will add ...
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DOE: Crude Inventory & Refining Hold High (OIH, USO, VLO)

Posted: June 23, 2010 at 11:03 am

The Department of Energy released its weekly Crude Oil and energy inventories this morning.  Some real surprises were seen considering the time of year we are in and the mess ...
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More Signs Of Housing Double Dip

Posted: June 23, 2010 at 10:18 am

The Census Bureau and the Department of Housing and Urban Development reported more data indicating a second housing collapse is underway. Sales of new single-family homes were a seasonably adjusted ...
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