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Monthly Archives: August 2010

Today’s Best Market Rumors 8/12/2010

Posted: August 12, 2010 at 7:07 am

Updated throughout the day. GM will raise $16 billion through its IPO (Bloomberg) American International Group (NYSE: AIG) is talking to large investors about an AIA IPO (Reuters) Rio Tinto ...
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The Twitter-24/7 Wall St. Market Watch (8/12/2010): Dark Mood In America, More Foreclosures

Posted: August 12, 2010 at 7:00 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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Greece Keeps Shrinking

Posted: August 12, 2010 at 6:06 am

It is hard to see how Greece can repay it sovereign debt if its economy keeps shrinking. According to several media reports including MarketWatch, "Greek gross domestic product fell by ...
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Barnes & Noble Settles With Burkle–To What End?

Posted: August 12, 2010 at 5:59 am

Failing bookstore company Barnes & Noble (NYSE: BKS), maker of the also-ran e-reader, the Nook,  has settled with raider Ron Burkle, who bought enough shares in the company so that ...
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Spotting The Lying CEO

Posted: August 12, 2010 at 5:41 am

Public company CEOs are like politicians. They love to give out good news and avoid mentioning the bad. And it may be human nature that reaches well beyond the powerful ...
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The American Taxpayer–Who Needs Faster Broadband?

Posted: August 12, 2010 at 5:05 am

How fast is "faster" broadband and who wants it at any speed? The FCC has proposed spending tens of billions of dollars on broadening the high-speed internet infrastructure in the ...
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Foreclosure Activity Up 4% In July To 325,299

Posted: August 12, 2010 at 4:46 am

Looking back to early 2010, this is about the time of year many economists and real estate experts believed that the housing market would recover. GDP growth in the third ...
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Media Digest 8/12/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 12, 2010 at 4:09 am

Reuters:   India officials met over a decision about whether to ban certain services of the Research In Motion (NYSE: RIMM) BlackBerry. Reuters:   GM put together a $5 billion bank facility ...
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Are Meteor Showers True Risks To Satellite Companies? (BA, DGI, GEOY, GILT, DISH, DTV, SIRI, HUGH, ICOG, IRDM, GSAT, ORBC, ORB, LORL)

Posted: August 11, 2010 at 6:11 pm

There is a low-probability event cresting today and tomorrow that could pose risks to businesses that rely upon the availability and operations of satellites in orbit.  This comes annually via ...
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The July Federal Budget Numbers–The Trouble Continues

Posted: August 11, 2010 at 6:07 pm

The Treasury should be happy with its July 2010 budget report. The deficit fell from $180 billion in the month last year to $165 billion in the most recent month--something ...
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Cisco’s Earnings Folly (CSCO)

Posted: August 11, 2010 at 4:23 pm

Cisco Systems Inc. (NASDAQ: CSCO) just reported earnings, and the caution is likely to continue.  The networking giant earnings were $0.43 EPS while sales gained 27% to $10.836 billion.  This ...
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What A Sell Rating Really Means To Petrobras (PBR, BP, XOM)

Posted: August 11, 2010 at 3:26 pm

Petroleo Brasileiro (NYSE: PBR), or Petrobras, is getting hit harder than most of the giant intregrated oil giants today.  A "Sell" rating came its way today after UBS downgraded the ...
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Google’s Robotic Defense of Android

Posted: August 11, 2010 at 2:15 pm

When a reporter asked Google Inc. (GOOG) Chief Executive Eric Schmidt recently about whether the search engine giant was making money on the Android mobile phone operating system, he had ...
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Seeking Refuge in Defensive Stocks (PEP, KO, CPB, HRL, MCD, VGR, MO, RAI)

Posted: August 11, 2010 at 2:08 pm

Defensive stocks are supposed to hold up in down stock markets.  That isn't so today.  In our list of 17 defensive stocks we routinely track, none were positive today.  On ...
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Full 360-Degree Preview for Cisco Earnings (CSCO, HPQ, ORCL)

Posted: August 11, 2010 at 1:06 pm

The technology stock event of the week is about to happen.  Cisco Systems, Inc. (NASDAQ: CSCO) has earnings today after the close, and every technology investor is going to be ...
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