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Monthly Archives: October 2010

Bruce Berkowitz Buys More AIG, Downplay of CEO Illness (AIG)

Posted: October 28, 2010 at 9:19 am

American International Group, Inc. (NYSE: AIG) has recently disclosed that CEO Bob Benmosche has cancer, and last night the company announced a succession plan in case it is needed.  What ...
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Jobless Claims Finally Heading in Right Direction

Posted: October 28, 2010 at 8:54 am

The weekly jobless claims  data from the Labor Department managed to show a positive trend this morning.  Claims actually fell by 21,000 down to 434,000 for the week.  Bloomberg had ...
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The Twitter-24/7 Wall St. Market Report (10/28/2010)

Posted: October 28, 2010 at 8:47 am

Twitter  has, by most estimates, 145 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 Alert Stocks (AKAM, AAPL, AEM, BAC, EK, FLEX, FLS, ISSI, LVS, MPEL, MLNX, MOT, PMI, FIRE, SYMC)

Posted: October 28, 2010 at 8:46 am

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Akamai Technologies Inc. (NASDAQ: AKAM), Apple Inc. ...
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Today’s Best Market Rumors 10/28/2010 Walmart M&A

Posted: October 28, 2010 at 8:35 am

Updated throughout the day. Tiger Asia has received a subpoena. (NYT) Walmart (NYSE: WMT) may cut it offer for Massmart of South Africa. (Reuters) Douglas A. McIntyre ...
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Top Analyst Upgrades and Downgrades (A, MT, AUO, CMCSA, COP, K, KFT, LDK, NVO, PLD, RIMM, STX, STRA)

Posted: October 28, 2010 at 8:17 am

These are some of this Thursday's key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Agilent Technologies, Inc. (NYSE: A) Raised to Buy at Stifel Nicolaus. ArcelorMittal ...
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Wells Fargo To Amend 55,000 Mortgages

Posted: October 28, 2010 at 6:07 am

Wells Fargo (NYSE: WFC) will modify 55,000 mortgages, a tacit admission that it had done something wrong with the home loans in the first place. The big bank announced that: ...
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Nintendo Falls Apart

Posted: October 28, 2010 at 5:42 am

Nintendo has found out what it is like to be Sony (NYSE: SNE). The powerful Japanese inventor of the Wii now finds the sales of its console in free fall ...
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Merkel’s Germany Expects Neighbors To Knuckle Under

Posted: October 28, 2010 at 5:18 am

The balance of power in Europe is simple. Germany is the largest nation by GDP. It is also the healthiest economy in the region, driven by intelligent industrial and labor ...
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The 24/7 Wall St./Harris Poll On American Media

Posted: October 28, 2010 at 4:46 am

The print industry is dead. That has been the conventional wisdom for years, and it is becoming increasing clear that the conventional wisdom is correct. What may be news is ...
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Comcast Is Not Dead, It’s Thriving

Posted: October 28, 2010 at 4:40 am

Comcast Corp.  (NASDAQ: CMCSA) has been declared dead so many times   that  CEO Brian Roberts might want to dress up like a vampire for Halloween. First, the media declared ...
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Media Digest (10/28/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: October 28, 2010 at 4:08 am

Mortgage investors have begun to pressure banks to buy back bad loans. (Reuters) China may use its rare earth stocks to help it move ahead with alternative energy.  (Reuters) Bank ...
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Apple Comes Clean On Fate Of Margins (AAPL)

Posted: October 27, 2010 at 5:43 pm

Apple Inc. (NASDAQ: AAPL) is trading lower in the after-hours period after its annual report was filed with the SEC after the close of trading today.  The drop is due ...
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Microsoft Goes Cheapo on Earnings Releases (MSFT)

Posted: October 27, 2010 at 5:19 pm

Microsoft Corporation (NASDAQ: MSFT) is expected to report earnings on Thursday after the close.  We had already questioned the company's ability to reconcile its books because it seems that the ...
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Google’s Local Search Takes On More Companies (GOOG, SPMD, LOCM, T, MSFT, YHOO, AOL)

Posted: October 27, 2010 at 5:01 pm

Google Inc.  (NASDAQ: GOOG) may have just accidentally become more like the Yellow Pages in a new local search effort.  Google is set to launch Places, which gives more information ...
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