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Monthly Archives: December 2010

Tech Spending Expected To Rebound in 2011

Posted: December 7, 2010 at 6:50 am

Tech spending, fueled by the growth of  cloud computing and the economic recovery, is expected to rise 5.7 percent to $1.6 trillion, according to market researcher IDC.   That's an improvement ...
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Buffett’s Least Attractive Investments For 2011 (BRK-A, BRK-B, COP, COST, BDX, FISV, NLC, TMK, USG)

Posted: December 7, 2010 at 6:31 am

Last week we identified the ten Warren Buffett investments with the most implied upside.  But we also found that there were many Buffett investments in Berkshire Hathaway Inc.  (NYSE:BRK.A) ...
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The Ten Most Surprising Top-Selling Gifts on Amazon.com

Posted: December 7, 2010 at 6:16 am

Amazon.com (NASDAQ: AMZN) is the largest e-commerce business in the world by almost any measure. The company has a market valuation of more than $80 billion, which makes it one ...
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2011: The Year Of Employment Growth

Posted: December 7, 2010 at 6:13 am

Staffing giant Manpower has released its forecasts for employment conditions for the first quarter of 2011. They are optimistic, and in some cases ebullient. "Data reveals improved hiring expectations from ...
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Obama’s Sole Victory: Unemployment Benefits

Posted: December 7, 2010 at 5:53 am

Barack Obama lost most of his arguments with Republicans about extending  the Bush tax cuts. The old tax system will be extended for two years. Payroll taxes will be lowered ...
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Why The J Crew CEO Should Be Fired And The Company’s Sale Terminated

Posted: December 7, 2010 at 5:26 am

A review of the proxy sent by J Crew Group (NYSE: JCG) to its shareholders shows that CEO Mickey Drexler withheld from his board important information about the early stages ...
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Media Digest (12/7/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: December 7, 2010 at 4:05 am

Reuters: Obama's deal with Congress will extend Bush tax cuts for two years. Reuters:  The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 ...
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Why Doesn’t AT&T Quit The Wireless Business

Posted: December 6, 2010 at 5:21 pm

AT&T Inc.'s   (NYSE:T) doesn't have much time left to keep its promises to fix what it bills as the "nations' fastest mobile broadband network."  It may not be worth the ...
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Treasury Files to Unload Citi Stake (C)

Posted: December 6, 2010 at 4:27 pm

An SEC filing right after the close of trading on Monday is showing that the Treasury is set to unload shares of Citigroup, Inc. (NYSE: C).  The filing did not ...
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Rare Earths and the Rumor Trade (MCP, REMX, REE)

Posted: December 6, 2010 at 3:01 pm

Molycorp Inc. (NYSE: MCP) is surging higher today on reports that Sumitomo is considering a stake in the company.  The move would be a game changer even if it is ...
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More Battles in the Coffee Wars (KFT, SBUX, GMCR)

Posted: December 6, 2010 at 2:34 pm

The ongoing battle between Kraft Foods Inc. (NYSE: KFT) and Starbucks Corporation (NASDAQ: SBUX) is getting more heated and it has industry-wide implications for the coffee sector.  Kraft alleges that ...
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Just Say No To An Unemployment Task Force

Posted: December 6, 2010 at 1:44 pm

In an interview with The Financial Times, American Express Co.  (NYSE: AXP) Chief Executive Kenneth Chenault called for the formation of task force among business and political leaders to tackle ...
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Dollar General Drop, A Gift Rather Than Panic (DG, FDO, DLTR, NDN, BIG, WMT)

Posted: December 6, 2010 at 1:37 pm

Dollar General Corporation (NYSE: DG) is getting clipped after its earnings report and guidance is not as rewarding to some of the highest bulls out there.  An obvious secondary offering ...
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Reality Check: Verigy Could Fetch More (VRGY, ATE, LTXC)

Posted: December 6, 2010 at 12:41 pm

Verigy Ltd. (NASDAQ: VRGY) is surging on word of an unsolicited acquisition offer this Monday.  The proposal was from Advantest Corporation (NYSE: ATE) to acquire in cash all of the ...
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Is Chesapeake Ripe for Icahn-ization? (CHK, LGF, BX, DYN)

Posted: December 6, 2010 at 12:18 pm

If ever there was a plump target for a Carl Icahn-style workout it would have to be Chesapeake Energy Inc. (NYSE: CHK). Icahn's fight for control of Lions Gate Entertainment ...
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