Yearly Archives: 2011

Another Director Leaves Kodak Board

Eastman Kodak (NYSE: EK), struggling to survive, lost its third director in a week. It is a sign that the company's rocky past will be followed by a more difficult future. Kodak ...
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24/7 Wall St. Closing Bell (SHLD, MCP, RYN, RS, WIN, PSOF, MOSY, TGAL, ARL, MERU, LEAP)

Stocks opened lower this morning and have trended down all day. There was no major news today, although major European exchanges closed the year with losses: Germany’s DAX was down ...
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Ford Sells 2 Million Cars in 2011 to U.S. Buyers (F, GM, TM, HMC)

US automaker Ford Motor Co. (NYSE: F) will sell more than 2 million vehicles in the US in 2011, the first time since 2007 that any car maker has sold ...
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Swiss Oil Refiner Shutters Three Plants (MS, CS, DB)

Swiss crude oil refiner Petroplus has temporarily halted operations at three of its five European refineries after the company’s banks refused to extend the $1 billion credit facility Petroplus uses ...
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Whirlpool Complains of Clothes Washer Dumping (WHR)

US appliance maker Whirlpool Corp. (NYSE: WHR) has filed complaints with the US Commerce Department and the US International Trade Commission related to dumping of clothes washers made in Korea ...
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The 13 Worst Big Stock Stories Of 2011 (BAC, DMND, FSLR, GMCR, HPQ, IPSU, SLV, KV-A, EGPT, MCP, NFLX, RIMM, SHLD)

2011 was more or less a wash for stock performance when it was all said and done.  There were several great stories and there were many duds.  24/7 Wall St. ...
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Dry Bulk Shipping Rates to Fall Even Lower in 2012 (DRYS, NM, DSX, EGLE, EXM)

The average day rate in 2012 for a capesize ore carrier -- the largest in the world’s fleet -- is expected to be about $15,000. That’s down from an average ...
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Morning Movers (AMR, MOSY, TGAL, BASI)

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include AMR Corp. (NYSE: AMR), MoSys Inc. (NASDAQ: ...
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BP Pulls Out of Russian Joint Venture (BP, XOM, RDS-A)

After nearly 13 years of effort, BP plc (NYSE: BP) has decided to walk away from its joint venture with Russia’s OAO Rosneft to develop the Sakhalin-5 project. The company ...
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Top Analyst Upgrades & Downgrades (GDI, HBC, AGCO, WCRX, FRX, WIN, RYN, RS, AEM, BMI, K, SHLD, MCP)

Finding analyst calls from Wall Street research and brokerage firms on the last trading day of the year is a bit like looking for four-leaf clovers.  Still, there are a ...
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Natural Gas Price Falls Below $3

Breaking through another psychological barrier, US natural gas prices fell to $2.99/thousand cubic feet in futures trading this morning. That’s the lowest price in more than two years and light ...
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Ten Stocks Unlikely To Survive 2012 (ALIM, AMR, APP, EK, ENER, FFN, NRTLQ, PNCL, RDDY, YRCWD)

Calling on the death of a company is no fun task.  Some companies cannot get it right and it is amazing how some companies can hold on to a status ...
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Fertilizer Maker Cuts Phosphate Production (MOS, POT, AGU, MON)

Low prices for phosphate fertilizer products have forced The Mosaic Co. (NYSE: MOS) to cut production by up to 250,000 tons in the first quarter of 2012. Fertilizer makers Potash ...
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US Ethanol Subsidy is History (ADM, VLO, PEIX, GPRE, CZZ, RDS-A)

After 30 years of payments to farmers and blenders, the federal subsidy on corn-based ethanol expired when Congress adjourned last week without taking any action to renew the payments. A ...
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Morning Wire — US Stock-Index Futures Up Slightly

US stock-index futures are slightly higher this morning following the lead of Asia’s markets which closed the last trading day of the year in positive territory. For the full year, ...
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