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Monthly Archives: June 2010

Existing Home Sales Plummet

Posted: June 22, 2010 at 10:16 am

In another sign that HAMP and low interest rates are not helping home sales, The National Association of Realtors reported that existing homes sales dropped in May. Analysts had expected ...
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Top Day Trader Alerts (BP, DELL, STRM, ESLR, EXTR, MIPI, SNWL, URRE, WAG)

Posted: June 22, 2010 at 9:04 am

Many stocks are on the move this morning, only a few of which are on earnings, and the moves feel a bit odd this morning compared to many other days.  ...
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Today’s Best Market Rumors (6/22/2010)

Posted: June 22, 2010 at 8:47 am

Updated throughout the day. White House Budget Director Peter Orszag will resign (various) Chinese state-owned banks are aggressively buying dollars (Reuters) Spyglass seen is the most likely candidate to run ...
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The Twitter-24/7 Wall St. Stock Market Report 6.22.2010 The Wisdom Of Crowds

Posted: June 22, 2010 at 8:38 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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To Avoid a Double Dip, Ignore Nouriel Roubini

Posted: June 22, 2010 at 8:37 am

By John Tamny of Forbes Nouriel Roubini is the most overrated pundit in economics today.  He continues to dine out out on a crisis prediction that only came true thanks ...
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Top Analyst Upgrades and Downgrades (AYR, ARBA, AFFY, AIPC, BIG, BVF, ETR, FTI, LNCR, NOV, RYAAY)

Posted: June 22, 2010 at 8:35 am

These are some of this Tuesday's top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes: Aircastle Ltd. (NYSE: AYR) Started as Outperform at Wells Fargo. ...
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Japan: A Balanced Budget Or Bust

Posted: June 22, 2010 at 5:36 am

Japan's new ruling party says that the country's budget will be balanced by 2020 and that massive bond sales to cover the country's large sovereign debt will become less and ...
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China’s Unions Paint Foreign Manufacturers Into A Corner

Posted: June 22, 2010 at 5:09 am

Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages ...
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Walmart Moves Into Chicago With Jobs And Stores

Posted: June 22, 2010 at 4:50 am

Walmart (NYSE: WMT) will add dozens of stores in the Chicago areas and about 12,000 jobs over the next five years. The move has the blessing of the city. "Our ...
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The Budget Director Leaves: Changing Widgets At The White House

Posted: June 22, 2010 at 4:23 am

White House Budget Director Peter Orszag is about to resign, perhaps to get married and have a less hectic life. He certainly get a job in the private sector that ...
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Media Digest 6/22/2010

Posted: June 22, 2010 at 3:35 am

Reuters:   The White House budget director will leave. Reuters:   China's state-owned banks are buying dollars. Reuters:   Intel (NASDAQ: INTC) and the FTC are in talks to settle a market abuse ...
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The E-Reader Business Is No Business At All

Posted: June 21, 2010 at 7:12 pm

Amazon.com Inc (NASDAQ: AMZN) cut the price of its basic Kindle e-reader to $189 from its current price of $259 and Barnes & Noble (NYSE: BKS) cut the price of ...
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iPad/iPhone: Enough of the Flash War? (AAPL, ADBE, MSFT, GOOG)

Posted: June 21, 2010 at 4:16 pm

A week ago marked a change in my personal technology... I bought an Apple Inc. (NASDAQ: AAPL) iPad.  This is my first ever Apple device purchase.  The iPad is an ...
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Higher Dividends & Share Buybacks From PetsMart (PETM)

Posted: June 21, 2010 at 4:13 pm

PetSmart, Inc. (NASDAQ: PETM) must be doing very well despite the renewed uncertainty out there.  The pet specialty store destination just raised its dividend by 25% to $0.125 per quarter ...
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Futures Contracts For Everything, Even Cheese

Posted: June 21, 2010 at 2:58 pm

Some have said that if it moves, it can be taxed.  But based upon what we have seen over the last decade, if it moves you can also create a ...
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