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Monthly Archives: July 2010

States And Cities Will Beg For Funds

Posted: July 6, 2010 at 5:45 am

It is old news that states and municipalities face deficits not only in their budgets but also in their pensions. The pension issue could become a crisis in a few ...
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Kindle And iPad Lose Reading Speed Race To Print

Posted: July 6, 2010 at 5:28 am

Print has won at least one victory over the e-readers including the Amazon.com (NASDAQ: AMZN) Kindle and Apple Inc. (NASDAQ: AAPL) iPad. Readers can read printed content more quickly than ...
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Corporations Prepare For Less Access To Capital

Posted: July 6, 2010 at 5:10 am

The demand for capital by large nations has not begun to squeeze corporate borrowers out of the market, but it may soon. Companies will have to gird themselves for a ...
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Lake Pontchartrain Hit By Oil Spill

Posted: July 6, 2010 at 4:53 am

Lake Pontchartrain, home to a fragile ecosystem, has begun to see the effects of the oil leak in the Gulf. The lake has already been ravaged by Hurricane Katrina. The ...
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Media Digest (7/6/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 6, 2010 at 4:07 am

MarketWatch:   Goldman Sachs Group (NYSE: GS) was upped to overweight at JPM. Reuters:   Large shareholders of BP plc (NYSE: BP) were against the oil company raising a large sum of ...
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24/7 Wall St.’s Corporate Power Rankings: Week 25

Posted: July 5, 2010 at 6:52 pm

The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ...
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BP plc Close To $9 Billion Finance Package, Test Of “The Whale” Goes Nowhere

Posted: July 5, 2010 at 2:39 pm

BP plc (NYSE: BP) got two piece of news today, one much better than the other. The Wall Street Journal reports that the oil company has probably brought in $9 ...
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Saudis Will Stop Exploring for More Oil

Posted: July 5, 2010 at 10:22 am

King Abdullah of Saudi Arabia has reportedly called for a halt to exploring for more oil in the country that already claims the world's largest deposits of crude. The Saudis ...
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Vampire Movie, “The Twilight Saga: Eclipse” Grosses $161.2 Million

Posted: July 5, 2010 at 7:20 am

"The Twilight Sage: Eclipse" has grossed $161.2 million since Wednesday, a breathtaking amount, even for a vampire movie. "That's one of the biggest five-day debuts in Hollywood history, previously surpassed ...
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China Car Sales–A Little Less Attractive To US Companies

Posted: July 5, 2010 at 6:47 am

China's car sales increases slowed very sharply in June, up only 10% compared to the same month last year, according to the China Automotive Technology & Research Center. The news ...
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BP Clean-Up Costs Move Above $3 Billion As Company Pushes Partner Payments

Posted: July 5, 2010 at 6:25 am

BP plc (NYSE: BP) said its costs for the Gulf clean-up of the oil spill have hit $3.12 billion. The company recently demanded that its two partners in the Deepwater ...
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Latest Oil Collection Hope Is For “The Whale”

Posted: July 4, 2010 at 7:54 am

The US Coast Guard and BP plc hope that a massive Taiwanese tanker fitted with special oil collection equipment can skim massive amounts of crude from the surface of the ...
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GM IPO Could Come In August

Posted: July 3, 2010 at 6:49 am

GM's IPO may come as early as next month after a long period of media speculation about the event and comments from the car company's CEO Ed Whitacre, according to ...
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California Applelate Court Upholds Schwarzenegger’s Plan To Pay State Employees The Minimum Wage

Posted: July 2, 2010 at 4:58 pm

California’s 3rd Appellate District court in Sacramento ruled state Controller John Chiang must comply with an order by Governor Arnold Schwarzenegger to lower the pay of almost 200,000 state workers ...
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This Month’s Biggest Index Gainers: Chinese Telecom, Chinese Solar, and Oil and Gas Stocks

Posted: July 2, 2010 at 4:06 pm

Despite the bearish market, three Tickerspy indexes which posted substantial gains over the last 30-day period. This month’s biggest index gainers are Chinese telecom, Chinese solar, and oil and gas pipeline ...
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