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Monthly Archives: September 2010

Genzyme, Buy-Out Target, Makes Mass Layoffs: National Employee Morale Day

Posted: September 10, 2010 at 6:04 pm

Genzyme (NASDAQ: GENZ), the target of a buyout offer from Sanofi-Aventis, began to lay-off almost 10% of its workforce today. The company would not say exactly what the size of ...
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PG&E: Fire, Death, Losses, and ETF Impact (PCG, XLU)

Posted: September 10, 2010 at 4:14 pm

PG&E Corp. (NYSE: PCG), the owner of Pacific Gas & Electric, often has to deal with unpleasant situations as it is a utility in the troubled West.  There are some ...
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Killer Dividend Hikes in Tobacco (PM, MO, LO, RAI, VGR)

Posted: September 10, 2010 at 12:54 pm

Philip Morris International Inc. (NYSE: PM) has just followed its former parent Altria Group Inc. (NYSE: MO) with a dividend hike.  Philip Morris International's recent dividend hike was by more ...
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Taxpayers Owe the IRS $103.2 Billion Including Those On Capital Hill

Posted: September 10, 2010 at 12:50 pm

The amount that taxpayers owe to Uncle Sam is a staggering $103.2 billion, and according to the Washington Post, people charged with writing the tax laws are among the delinquent. ...
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Smith & Wesson Earnings Beat Very Low Estimates On Gun Sales

Posted: September 10, 2010 at 11:36 am

A cynic might say that the best thing that happened to firearms business was the election of Barack Obama in November 2008. Gun makers and owners, always distrustful of a ...
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Android Taking Over Mobile O/S Market (GOOG, MSFT, NOK, AAPL, RIMM)

Posted: September 10, 2010 at 11:03 am

Google Inc. (NASDAQ: GOOG) may be the king of search, but its Android mobile operating system is set to take over the world.  Gartner has noted that Android is going ...
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When Tech Analyst Downgrades Are Way Late (DELL, CSCO, INTC, AAPL)

Posted: September 10, 2010 at 10:31 am

Each morning we usually feature a handful of analyst upgrades, downgrades, and initiations that we think will have an impact on shares.  Many of these are time-sensitive calls due to ...
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The Twitter-24/7 Wall St. Market Report (9/10/2010) Facebook And Dubai Win

Posted: September 10, 2010 at 9:05 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 Active Trader Alerts (COCO, CMO, SOLR, LULU, WFR, NSM, NOK, IRE, AIB, SWHC)

Posted: September 10, 2010 at 8:58 am

Many stocks are on the move this Friday morning.  Active traders and day traders are likely to be watching the moves seen in Capstead Mortgage Corp. (NYSE: CMO), GT Solar ...
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Today’s Best Market Rumors (9/10/2010) Lehman, Deutsche Bank

Posted: September 10, 2010 at 8:48 am

Updated throughout the day. "The Securities and Exchange Commission is examining whether firms that collect fees for funneling investors into hedge funds are properly overseeing client money" (WSJ) "In the ...
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Top Analyst Upgrades and Downgrades (BUD, BCS, CHKM, CMA, CSC, INTU, LEN, MR, NOK, OAS, RYL, SFD, TXN, TOL, VE)

Posted: September 10, 2010 at 8:39 am

These are some of this Friday's top analyst upgrades, downgrades, and initiations seen in Wall Street research notes this morning: Anheuser-Busch InBev (NYSE: BUD) Started as Buy at Jefferies. Barclays ...
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A Future of Stable Currency Values

Posted: September 10, 2010 at 8:33 am

By John Tamny of Forbes Forbes' latest feature covers predictions for the future.  Concerning the dollar, no major currency in history has lasted longer than 42 years without intrinsic backing.  As Utopian as it ...
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Two-Thirds Of Americans Expect Double Dip Recession

Posted: September 10, 2010 at 7:47 am

Two-thirds of American expect a double-dip recession. A number of experts have observed that economists who have called an end to the recession are out of step with the public. ...
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Facebook Passes Google In Web User Minutes

Posted: September 10, 2010 at 6:10 am

Facebook users spent more time using the social network than people spent on Google (NASDAQ: GOOG) in August, according to research firm comScore. Among all internet users in the US, ...
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Dubai Gets Its Restructuring, Bad News For Soveign Debt

Posted: September 10, 2010 at 5:51 am

One of the worst pieces of news that holders of sovereign debt can receive is that a large nation has been able to restructure its obligations on terms which are ...
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