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Monthly Archives: December 2010

Homeowner Equity Improves? A Mirage

Posted: December 13, 2010 at 12:09 pm

Fewer homes had underwater mortgages in the third quarter.  The trend means little if anything to current homeowners and potential buyers. "CoreLogic reports that 10.8 million, or 22.5 percent, of ...
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Big Banks Predict 11% 2011 Rise in S&P 500 Index (GS, BCS)

Posted: December 13, 2010 at 12:09 pm

It appears that the S&P 500 Index is set to finish 2010 at about 1,250, 12% above its reading of 1,115 on December 31, 2009. A survey of 11 strategists for ...
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A Cybercrime Epidemic? Not Really

Posted: December 13, 2010 at 11:06 am

Is cybercrime on the rise or are more people complaining about it?  It's tough to say. According to a Gallup poll released today, 11% of  U.S. adults claim that they ...
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Sprint’s Day of Reprieve (S, VZ, T)

Posted: December 13, 2010 at 10:55 am

Sprint Nextel Corporation (NYSE: S) may be a down and out carrier in the wireless wars against Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T).  What is interesting ...
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GE Grows Its Oil Bet, Wellstream and Deepwater Drilling (GE, WSHOY, NOV, PBR)

Posted: December 13, 2010 at 10:43 am

After a couple of failed offers, General Electric Co. (NYSE: GE) has finally reached an agreement to acquire Britain's Wellstream Holdings plc (OTC: WSHOY) for $1.3 billion. The deal is ...
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Two Giant Tech Analyst Targets (AAPL, GOOG, EMC, DELL, HPQ)

Posted: December 13, 2010 at 9:49 am

There have been two standout research calls this morning in two of the darlings of tech and internet investors.  Goldman Sachs, in a broader technology group call, put a Conviction ...
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China Keeps Interest Rate Steady, Pushes Up Shares (BIDU, CHL, SNP, GOOG)

Posted: December 13, 2010 at 9:43 am

Over the weekend the Chinese government revealed that the country's inflation rate had hit 5.1%, considerably higher than expectations of around 4.7%. An interest rate hike was expected to follow, ...
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Dell & Compellent: The Magic Takeunder in M&A (CML, DELL)

Posted: December 13, 2010 at 9:32 am

Compellent Technologies, Inc. (NYSE: CML) may look and feel like the worst tech M&A announcement of the year.  Dell Inc. (NASDAQ: DELL) and the company have agreed to a Dell ...
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The Twitter-24/7 Wall St. Market Report 12.13.2010

Posted: December 13, 2010 at 9:00 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 (BSPM, HBAN, NKTR, NSTC)

Posted: December 13, 2010 at 8:53 am

Active traders and day traders have many stocks to choose from this Monday morning.  We are tracking news and moves in shares of Biostar Pharmaceuticals, inc. (NASDAQ: BSPM), Huntington Bancshares Inc. (NASDAQ: ...
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Long-Dated Treasury Yields at 6-Month High (TBT, TLT)

Posted: December 13, 2010 at 8:51 am

Treasuries are seeing a continued slide as the impact of QE2 and raised economic projections along with higher inflation in China.  The 10-Year Treasury hit a yield above 3.39% and ...
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Today’s Best Market Rumors (12/13/2010) B of A Toxic Paper, Pathmark M&A

Posted: December 13, 2010 at 8:46 am

Updated throughout the day. Bank of America (NYSE: BAC) is trying to sell $1 billion of toxic mortgage paper (NYPost) Carlyle Group may delay its IPO after its CFO resigned ...
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Top Analyst Upgrades and Downgrades (APOL, EXC, GAP, JDSU, KSU, MPEL, NTAP, NRG, NKE, NG, SODA, OVTI, UA, VRWY, WNR)

Posted: December 13, 2010 at 8:32 am

These are some of this Monday's key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Apollo Group Inc. (NASDAQ: APOL) Raised to Market Perform at FBR. Exelon ...
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OECD: Punish EU’s Weak Economies

Posted: December 13, 2010 at 6:16 am

The Organisation for Economic Co-operation and Development issued its Euro Area Economic Report. Some of its recommendations were harsh, particularly about punishing financially weak EU nations that cannot balance their budgets. ...
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China: A Step Back To Take A Step Forward

Posted: December 13, 2010 at 5:26 am

Inflation in China has gone high enough that the government may have curtail economic growth to curb it. Such actions would be unusual because the People's Republic has always seemed ...
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