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Monthly Archives: September 2010

This Just In: People Are Worried About Their Jobs

Posted: September 21, 2010 at 6:08 am

People worry about their jobs and the economy more than anything else. That is the conclusion of a new Gallup poll that was a waste of both time and money. ...
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Distracted Driving Problem Lessens, Perhaps

Posted: September 21, 2010 at 5:54 am

The Department of Transportation issued its report on distracted driving in 2009. The number of car crash fatalities attributed to the problem was only 16% of the total, which means ...
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Predicting A Need For Higher Taxes

Posted: September 21, 2010 at 5:27 am

The new report on the US economy by the Organization for Economic Co-Operation and Development says that the American deficit is greater than the government says it is and that ...
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Productivity Still The Enemy Of Job Creation

Posted: September 21, 2010 at 4:51 am

The relationship between productivity and job creation is a complex one--at least as seen through the eyes of economists. It is based on a simple question: how long can companies ...
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Media Digest 9/21/2010 Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 21, 2010 at 4:03 am

MarketWatch:   The Chinese let the yuan rise perhaps because of pressure from the US. Reuters:   The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as ...
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BHP Billiton Extends Potash Offer To November 18, As POT Board Dithers

Posted: September 20, 2010 at 7:18 pm

Potash Corporation of Saskatchewan (NYSE: POT) should have take the offer of BHP Billiton (NYSE: BHP) to buy it. Potash stock may never see the offer level again. BHP said ...
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Today’s Analyst Calls (9/14) (SANM, SKH, TER, VSEA, VRGY)

Posted: September 20, 2010 at 3:15 pm

Here are top research calls for analyst upgrades, downgrades, and initiations made today: Central European Distribution Corp. (NASDAQ: CEDC) Started as Buy at Citigroup. ExxonMobil Corp. (NYSE: XOM) Cut to ...
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The TV Networks’ Quixotic Quest For Viewers

Posted: September 20, 2010 at 1:47 pm

As the television networks start a new television season, hope will spring again from Hollywood's fertile loins.  This year, there is more hope than usual. Walt Disney Co.'s ABC (NYSE:DIS),  ...
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The Recession Is Over, Long Live The Recession

Posted: September 20, 2010 at 11:03 am

The recession ended last June, according to those who decide--the Business Cycle Dating Committee of the National Bureau of Economic Research. The economy has been in an expansion since then, ...
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The 24/7 Wall St. Fifty Least Trustworthy Companies in America, A Look Back

Posted: September 20, 2010 at 10:58 am

24/7 Wall St. revised our list of the 50 “Least Transparent” companies for the month of July, and as might be expected, the returns were still dreadful.  In addition, five ...
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Home Builders Say No Market Recovery

Posted: September 20, 2010 at 10:29 am

American home builders say that the housing market is not recovering. They blame the unemployment problem, implying that there is no light at the end of the tunnel. A large ...
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The Twitter-24/7 Wall St. Market Report (9/20/2010) Verizon Promotion, IBM M&A

Posted: September 20, 2010 at 8:42 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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Estate Tax For The Estate-Less?

Posted: September 20, 2010 at 8:34 am

By John Tamny of Forbes Far from concentrating wealth in the hands of the few, total repeal of the estate tax would free up capital for tomorrow's entrepreneurs to knock the ...
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Active Trader Alert Stocks (AAPL, ARNA, EXPE, LEN, ID, OPEN, AMTD)

Posted: September 20, 2010 at 8:27 am

There are many stocks on the move this Monday morning for active traders.  Stocks we are tracking are Apple Inc. (NASDAQ: AAPL), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Expedia Inc. (NASDAQ: ...
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Today’s Best Market Rumors (9/20/2010)

Posted: September 20, 2010 at 8:25 am

Updated throughout the day. Verizon (NYSE: VZ) will name the head of its wireless unit as the parent's president and chief operating officer (WSJ) India will ask cellular providers in ...
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