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Monthly Archives: December 2010

Shuffling the Deck in the Canadian Oil Sands (TOT, SU, TCK, OXY, COP, SNP)

Posted: December 17, 2010 at 9:58 am

French oil major Total SA (NYSE: TOT) and Canada's Suncor Energy Inc. (NYSE: SU) have agreed to form an alliance that combines the two companies' interests in a number of ...
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Bank & Finance M&A: The Canadians Are Coming (BMO, MI, BAC, C, JPM, WFC, RY, TD, BNS, CM)

Posted: December 17, 2010 at 9:04 am

Bank of Montreal (NYSE: BMO) is expanding in the U.S.  The fourth largest bank in Canada is acquiring Marshall & Ilsley Corp. (NYSE: MI) for $4.1 billion in stock.  The ...
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The Twitter-24/7 Wall St. Market Report (12/17/2010) Ireland Trouble, M&A Record

Posted: December 17, 2010 at 8:42 am

Twitter  has, by most estimates, 175 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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Moody’s Ireland Cut Holds PIIGS Banks Hostage (AIB, IRE, NBG, STD, BBVA)

Posted: December 17, 2010 at 8:35 am

Moody's has been on a warpath this week downgrading the PIIGS.  The calls are late.  Very late.  These should have been about as telegraphed as a replay of a World ...
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Today’s Best Market Rumors (12/17/2010) Blackwater Sold? Yahoo! Recast

Posted: December 17, 2010 at 8:31 am

Updated throughout the day Yahoo! (NASDAQ: YHOO) will close a number of properties which will include Altavista (Various) Xe Services, formerly Blackwater, will be sold to private investors (NYT) Groupon ...
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Top Analyst Upgrades and Downgrades (AMGN, AON, AMAT, ATML, CBS, CMA, CY, GIS, JNPR, LEA, ORCL, RIMM, LUV, VFC, V)

Posted: December 17, 2010 at 8:20 am

These are some of this Friday's key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Raised to Outperform at Leerink Swann. AON Corporation ...
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Hulu’s Appeal Fails

Posted: December 17, 2010 at 6:16 am

Hulu is no longer in the top ten video sites based on data for November from online research firm comScore. It had been on the list for months. A rise ...
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M&A Hits $2.2 Trillion As 2011 Looms

Posted: December 17, 2010 at 5:51 am

Data from Reuters shows that global M&A activity rose to $2.2 trillion in 2010. The 2010 improvement was the first since 2007.  Most comments about the news said that 2011 ...
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It May Not Matter That Moody’s Cut Ireland Debt

Posted: December 17, 2010 at 5:20 am

Capital markets investors may say that the downgrade by Moody's of Ireland's debt by a full five notches does not matter much now. The Ireland government has put its austerity ...
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Congress Passes Major Tax Bill, No One May Spend The Money

Posted: December 17, 2010 at 4:56 am

The future is uncertain. That may always be the case, but getting down to specifics Congress has passed the $858 billion tax cut bill. No one knows what the effects ...
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Media Digest (12/17/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: December 17, 2010 at 4:07 am

Congress passed the Obama tax program. (Reuters) Global M&A moved above $2.2 trillion in 2010. (Reuters) Moody's cut Ireland to Baa1. (Reuters) NSA's Information Assurance Directorate, which protects US data, ...
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Interchange Fee Changes: What You Really Need to Know Now (MA, V, BAC, C, COF, TCB)

Posted: December 16, 2010 at 5:13 pm

You most likely saw the carnage that came to MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) today.  The markets were braced for more changes coming to the interchange ...
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RIM’s Results Meet Share Outperformance (RIMM)

Posted: December 16, 2010 at 4:22 pm

Research In Motion Limited (NASDAQ: RIMM) has just reported earnings. The Blackberry maker reported $1.74 EPS on revenues of $5.49 billion.  Thomson Reuters has consensus estimates for earnings of $1.64 ...
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Oracle Scores on Earnings (ORCL)

Posted: December 16, 2010 at 4:10 pm

Oracle Corporation (NASDAQ: ORCL) has just reported earnings ahead of estimates at $0.51 adjusted EPS and $8.58 billion in revenues.  Thomson Reuters had estimates for earnings of $0.46 EPS and ...
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Greater Interchange Fee Wrath from D.C. (MA, V)

Posted: December 16, 2010 at 2:49 pm

Credit card clearing and processing giants Mastercard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) are getting hammered on strong volume today.  The culprit is probably easy to guess... interchange ...
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