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Monthly Archives: September 2010

Petrobras Prepares to Price Shares in Largest-Ever Stock Offering

Posted: September 23, 2010 at 5:57 pm

Just over a week ago, Petroleo Brasileiro SA, Petrobras, (NYSE: PBR) reached an agreement with the Brazilian government over how much the company would pay for the right to develop ...
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Republican Economic Plan Is More Of The Same

Posted: September 23, 2010 at 5:38 pm

Republicans today unveiled the economic agenda they will pursue if they take over one or both Houses of Congress, as many expect they will, that was long on dramatics and ...
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Why Warren Buffett Is Right About The Recession And Economists Are Wrong

Posted: September 23, 2010 at 2:56 pm

Warren Buffet, who appears on CNBC so often that he probably gets invited to its holiday party,  told the cable channel's Becky Quick this morning what anyone who has a ...
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Top Active Trader Stock Alerts (BBBY, BRCD, NFLX, NOVL, RHT, RAD, VRTX)

Posted: September 23, 2010 at 9:00 am

Active traders and day traders have several key stocks to watch.  We are tracking moves in Bed Bath & Beyond Inc. (NASDAQ: BBBY), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Netflix, ...
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The Twitter-24/7 Wall St. Market Report 9/23/2010 Jobless Claims, Blockbuster

Posted: September 23, 2010 at 8:59 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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Today’s Best Market Rumors (9/23/2010) GM, Facebook

Posted: September 23, 2010 at 8:38 am

Updated throughout the day. Facebook will put out two handsets. (Bloomberg) Most GM IPO shares will go to US investors and the stock will be prices low, at about $20 ...
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Top Analyst Upgrades and Downgrades (MO, AGU, AZN, ATHN, BRCD, DD, GSK, INAP, LO, MMYT, MOS, NBG, NVDA, POT)

Posted: September 23, 2010 at 8:19 am

There are many research calls this Thursday morning and these are just some of the top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Altria Group Inc. ...
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No Earnings Cure at Rite Aid (RAD, WMT, CVS, WAG)

Posted: September 23, 2010 at 8:09 am

Rite Aid Corp. (NYSE: RAD) just can't seem to get it right.  Whatever the strategy is intended to be doing, it needs a real change in the world of a ...
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McDonald’s Resets Dividend Leadership in Fast Food (MCD, YUM)

Posted: September 23, 2010 at 7:51 am

Over $2.5 billion served... that is the new annualized dividend payment from McDonald's Corporation (NYSE: MCD).  The Golden Arches just announced that its board of directors declared a $0.61 per ...
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China Premier Pushes Back On Yuan

Posted: September 23, 2010 at 6:13 am

Chinese Premier Wen Jiabao pressed his case that the yuan had little to do with trade deficits and joblessness in the US. His comments come just as the Ways and ...
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Blockbuster’s Chapter 11 May Be Inadequate

Posted: September 23, 2010 at 6:01 am

Blockbuster filed for Chapter 11 as expected. The rental chain declared that  it reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the company's 11 ...
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Europe, Its Growth Crippled, Becomes A Global Concern Again

Posted: September 23, 2010 at 5:44 am

Europe's growth has begun to slow, which will raise fresh questions about whether debt issued by the nations in the region has become risky again. Or, it may have been ...
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E-Reader Demand Explodes, For Now

Posted: September 23, 2010 at 5:17 am

The demand for e-readers is nearly insatiable and the trend is likely to continue, at least for a little while. People with e-readers read more, which is good for the ...
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SEC Calls Timing Of Goldman Investigation “Suspicious”, But It Doesn’t Matter

Posted: September 23, 2010 at 4:51 am

The SEC Inspector General said the the timing of a fraud case against Goldman Sachs Group was "suspicious" and may have been used to cover its mistakes in failing to ...
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Media Digest (9/23/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 23, 2010 at 4:06 am

Reuters:   The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters:   An SEC watchdog said the timing of the charges ...
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