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Monthly Archives: July 2010

Media Digest 7.27.2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 27, 2010 at 4:01 am

Reuters:   UBS (NYSE: UBS) and Deutsche Bank (NYSE: DB) posted good earnings. Reuters:   The EU opened antitrust investigations into IBM (NYSE: IBM) Reuters:   Ask.com, owned by IACI (NASDAQ: IACI), will ...
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BP plc Shares Up 5% On Loss And Dudley CEO Appointment

Posted: July 27, 2010 at 3:31 am

BP plc (NYSE: BP) shares gained as the company reported a loss for last quarter and appointed Bob Dudley as CEO. The UK-based firm reported a $17.2 billion loss and ...
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The Oil Spill: This Genie Won’t Go Back Into the Bottle

Posted: July 26, 2010 at 9:11 pm

The BP plc problem will not go away any more than the global sovereign debt one will. Gulf storms are the least of the UK oil company's problems Read more... ...
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Can New BP CEO Bob Dudley Fix BP?

Posted: July 26, 2010 at 9:07 pm

By Tom Bower, The Daily Beast Tony Hayward sunk himself with his media gaffes and poor political performances. Can Bob Dudley do better? Read more at The Daily Beast... ...
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Oracle’s Ellison Top Paid CEO Of Decade With $1.84 Billion

Posted: July 26, 2010 at 8:59 pm

Larry Ellison, founder and CEO of Oracle (NASDAQ: ORCL) probably deserves a huge pay package as much as anyone else. His company has become wildly successful and has been a ...
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Top After-Hours Movers (SWKS, IDTI, LM, MSPD, PLT, RMBS, SANM, UCTT, VECO, ZRAN)

Posted: July 26, 2010 at 5:24 pm

We have many after-hours stocks on the move.  Most are on earnings but some are on other issues.  The stocks on the move are Skyworks Solutions, Inc. (NASDAQ: SWKS), Integrated ...
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Two Key IPOs On Deck: Chesapeake & Molycorp (CHKM, MCP, CHK)

Posted: July 26, 2010 at 3:52 pm

There are two tentative IPOs on deck this week we are watching closely.  Both are currently indicated for pricing on Wednesday evening and Thursday trading.  The first, in alphabetical order, ...
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Renewable Energy Grants in Jeopardy

Posted: July 26, 2010 at 3:32 pm

Under section 1603 of the American Recovery and Reinvestment Act of 2009, commercial renewable power projects were allowed to get direct federal grant instead of taking either a production tax ...
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BP plc CEO Tony Hayward To Leave In October, Join Russian JV

Posted: July 26, 2010 at 1:44 pm

The AP reports that Tony Hayward, BP plc (NYSE: BP) CEO, will leave in October and will join the firm's joint venture in Russia--TNK-BP Douglas A. McIntyre ...
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BP Options Signal Into Earnings Reaction & Hayward Ouster (BP)

Posted: July 26, 2010 at 1:07 pm

BP plc (NYSE: BP) finds itself in an odd situation with stock options trading versus its pending earnings announcement Tuesday and the imminent departure of Tony Hayward as CEO.  While ...
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New Home Sales Aren’t Getting Any Better

Posted: July 26, 2010 at 10:21 am

The media's first reaction to the Commerce Department's new home sales number was, in almost every case, positive. That was a mistake. New home sales rose to a seasonally adjusted ...
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Underwriters & Analysts Turn Back on CBOE (CBOE)

Posted: July 26, 2010 at 9:47 am

CBOE Holdings Inc. (NASDAQ: CBOE) is trading as a busted IPO under its formal IPO pricing.  The $29.00 price was up 13% in June when the deal came public but ...
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Delta Petroleum Sells More Assets (DPTR, XOM)

Posted: July 26, 2010 at 9:47 am

Struggling oil and gas producer Delta Petroleum Corp. (NASDAQ: DPTR) has agreed to sell $130 million in "non-core assets" to privately held Wapiti Oil & Gas L.L.C. The company plans ...
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Chicago Fed: Economic Activity Fell In June

Posted: July 26, 2010 at 9:16 am

The economy contracted in June, at least according to The Chicago Federal Reserve. The Chicago Fed National Activity Index was down .63% in June compared with an increase of .31% ...
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Today’s Best Market Rumors (7/26/2010)

Posted: July 26, 2010 at 9:01 am

Updated throughout the day. China Everbright Bank may raise almost $3 billion through an IPO. Apollo Management may start its own bank (FT) Carlyle Group has agreed to sell Kbro, ...
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