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Monthly Archives: August 2010

Media Digest 8/23/2010

Posted: August 23, 2010 at 4:09 am

Reuters:   Kenneth Feinberg took over the BP plc $20 billion escrow account. Reuters:   Americans are confused about healthcare reform according to a new poll Reuters:   Sinochem approached Potash (NYSE: POT) ...
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Unemployment Begins To Drop In Some Hardest Hit States

Posted: August 22, 2010 at 7:29 am

There is some silver lining to the relentless clouds of jobless news which included weekly initial unemployment filings which reached a ten month high last week of 500,000 A Bureau ...
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The Unusual Suspects For The Week Ahead (APOL, AUO, BKS, BHP, POT, BP, CPIX, FISV, GENZ, JAZZ, NFLX, NOVL, SYMC, TYC, VRML, CALL)

Posted: August 21, 2010 at 1:04 pm

There are many issues to watch in the coming week for this weekend's edition of THE UNUSUAL SUSPECTS.  We have some earnings on deck and some unfinished business from last ...
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Major Stocks Hitting 52-Week Lows (WFC, BAC, BBT, BBY, CME, CSC, GPS, HPQ, MHS, MDT, MWW, RTN)

Posted: August 20, 2010 at 1:28 pm

There is an unbelievable number of critical stocks hitting 52-week lows this afternoon going into the options expiration date and going into the weekend.  The double-dip recession fears have escalated ...
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Obama Home Modification Program Turns In Pathetic Results

Posted: August 20, 2010 at 12:34 pm

HAMP, the Administration's effort to keep three to four million Americans with homes out of foreclosure has been progressively losing its credibility as a successful program. Whatever legitimacy it had ...
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Petrobras’ Secondary, The Plot Thickens (PBR)

Posted: August 20, 2010 at 11:35 am

Petroleo Brasileiro (NYSE: PBR), or Petrobras, is in a jam.  This huge secondary offering of shares has run into snag after snag.  Brazilian politics is also in the mix.  The ...
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Renewable Energy Investment is Growing

Posted: August 20, 2010 at 10:29 am

An international policy network called the Renewable Energy Policy Network for the 21st Century, or REN21, has released its global status report for 2010. Made up of representatives of industry, ...
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S&P Embraces Tyco Back Into S&P 500 (TYC, TEL, COV)

Posted: August 20, 2010 at 9:31 am

Tyco International Ltd. (NYSE: TYC) went through its big breakup in June of 2007.  This was a turnaround which never really turned around.  The great recession got in the way ...
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Today’s Best Market Rumors (8/20/2010)

Posted: August 20, 2010 at 8:49 am

Updated throughout the day. The FAA will fine American Air (NYSE: AMR) $25 million over maintenance violations (WSJ) "Private equity-owned Tegel Foods has appointed advisers to consider strategic options including ...
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Top Active Trader Alerts (ABK, BCSI, CPWM, INTU, MRVL, RIMM, CRM, VRML)

Posted: August 20, 2010 at 8:37 am

Active traders and day traders have many movers this Friday morning to choose from.  The top alerts were seen in  Ambac Financial Group, Inc. (NYSE: ABK), Blue Coat Systems Inc. ...
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The Twitter-24/7 Wall St. Market Report: China Bid For Potash?

Posted: August 20, 2010 at 8:35 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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Top Analyst Upgrades & Downgrades (CLS, GLW, EFX, FNFG, INTU, MFE, MPEL, PTEN, RIMM, CRM, YGE)

Posted: August 20, 2010 at 8:18 am

These are some of this Thursday's top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms: Celestica Inc. (NYSE: CLS) Raised to Outperform at Scotia. Corning ...
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Buybacks Keep Coming on Strong (ANN, DDS, GPS, HPQ, LO, MRVL, JWN, RSH, RMBS)

Posted: August 20, 2010 at 8:08 am

Earlier this year was the trend of hiking dividends, but now that so many companies have raised their quarterly payouts we are seeing the 'other' shareholder-friendly action taking place.  Buybacks ...
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Why Apple Won’t Buy GM

Posted: August 20, 2010 at 5:59 am

Apple (NASDAQ: AAPL) can afford to buy GM. The No. 1 US auto firm makes a fair amount of money, has nearly 20% of the American car market, and is ...
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Japanese Will Have To Move More Manufacturing To America

Posted: August 20, 2010 at 5:23 am

Bloomberg recently pointed out that Honda Motor (NYSE: HMC) has a profit advantage over many of its Japanese manufacturing peers because it decided to build products in the United States ...
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