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Monthly Archives: August 2010

Irish Banks, No Efficient Market Theory Applies (IRE, AIB)

Posted: August 16, 2010 at 7:53 am

The Bank of Ireland (NYSE: IRE) and Allied Irish Banks plc (NYSE: AIB) are back out of favor.  After huge gains off their recent lows, the Irish banks are lower ...
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Dell, Under Siege, Overpays For 3Par (PAR)

Posted: August 16, 2010 at 7:44 am

Dell (NASDAQ: DELL) is not going to be able to buy its way out of trouble. The company and Michael Dell recently settled government charges which have damaged the founder's ...
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Real Recovery at Lowe’s Awaits (LOW)

Posted: August 16, 2010 at 7:39 am

Lowe's Companies Inc. (NYSE: LOW) managed to post a 10% gain in profits after its same-store sales in the last quarter rose 1.6%.  Net income rose to $832 million, which ...
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A Quiet Panic About Job Security

Posted: August 16, 2010 at 6:11 am

Behind every American who does not have a job there are apparently many who are concerned about whether they will keep their own. Depending on whether joblessness is 9.6% or ...
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24/7 Wall St.’s Corporate Power Rankings: Week 31

Posted: August 16, 2010 at 5:50 am

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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The Market For 3-D Porn

Posted: August 16, 2010 at 5:39 am

There is, apparently, a market for 3-D pornography. This is the gamble that a firm in Hong Kong is taking as it produced new films like "3-D Sex & Zen: ...
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A Developed World With Only 1% GDP

Posted: August 16, 2010 at 5:18 am

The US, EU, UK, and Japan were supposed to emerge from a great recession this year. The experience of past recessions would indicate that GDP should pick up to 3% ...
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Finally Official: China Passes Japan In GDP, Now The Hard Part

Posted: August 16, 2010 at 4:57 am

It is finally official. China passed Japan in GDP in the second quarter and is likely to lengthen its lead as Japan's growth is stalled at under 1% and China's ...
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Media Digest 8/16/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 16, 2010 at 4:07 am

Reuters:   Japan's Q2 CGP was only .1% or a rate of .4% for the year. Reuters:   Worries about growth have moved from Europe to the US. Reuters:   Bank of America ...
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The Unusual Suspects (AAPL, ASCA, CSTR, JCI, NFLX, TEVA, WPI)

Posted: August 15, 2010 at 3:53 pm

There are several key stocks to watch this coming week in The Unusual Suspects.  We are watching for moves and events in the stocks of Apple Inc. (NASDAQ: AAPL), Ameristar ...
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As China Power Use Surges, But Rate Slows

Posted: August 14, 2010 at 8:00 am

When will China run low on energy sources? At the rate that its consumption is growing, the answer may be soon. China's electric power consumption in July reached 389.6 billion ...
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Web Security Group Challenges Verizon On Flaw

Posted: August 14, 2010 at 7:41 am

A web security group challenged Verizon (NYSE: VZ) on the security of encryption software it issued in 2005. The encryption is meant to keep financial data from being hacked. The ...
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Technology Spending Won’t Come Back For A While

Posted: August 13, 2010 at 5:31 pm

These days,  chief information officers at Fortune 500 companies are spending a lot of their time saying "no." The good ones are masters at it. They have to turn down ...
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Next Week’s Must Watch Earnings (LOW, HD, WMT, TGT, SHLD, DLTR, HPQ, DELL)

Posted: August 13, 2010 at 3:00 pm

Earnings season isn't quite over yet.  We still have some rather large, some giant, earnings on deck next week.  We have an earnings duel between The Lowe's Companies (NYSE: LOW) ...
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Hoenig’s “HARD CHOICES”… Bernanke’s Replacement?

Posted: August 13, 2010 at 1:02 pm

At a Town Hall meeting in Lincoln, Nebraska, Kansas City Fed president Thomas Hoenig is out with a speech called HARD CHOICES.  Hoenig is calling again for the end of ...
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