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Monthly Archives: February 2011

Insider Sells $305 Million in Molycorp Stock (MCP)

Posted: February 17, 2011 at 4:34 pm

You already knew about the insider sale secondary offering from the Molycorp. Inc. (NYSE: MCP) in last week's key sale.  This has hit the stock in recent trading days, but ...
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PR Twist of Fate: BP Could Get Back Billions (BP)

Posted: February 17, 2011 at 1:43 pm

Irony or Paradox?  BP plc (NYSE: BP) "could" potentially see far less liability from its Gulf of Mexico Deepwater Horizon disaster from 2010.  This almost seems impossible, yet here we ...
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The 24/7 Wall St./Flame Index: Borders Gets Burned By The Press

Posted: February 17, 2011 at 1:15 pm

Nothing like the Chapter 11 filing of a major public company brings in poor press notices. Borders Group filed for bankruptcy and closed 200 stores which is also bound to ...
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US House Committee Goes After “Friends of Angelo” (BAC)

Posted: February 17, 2011 at 12:50 pm

In June of 2008, documents and e-mails from Countrywide Financial Corp., now part of Bank of America Corp. (NYSE: BAC), revealed that some mortgage borrowers had more than just a ...
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Airbus Muddies Up Boeing’s 747-8 Introduction (BA, EADSY)

Posted: February 17, 2011 at 11:50 am

When the Boeing Co. (NYSE: BA) took the wraps off its new 747-8 Intercontinental last Sunday, the company harked back to the introduction of the first 747 some 42 years ...
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Osmium Savages Answers.com Plan To Sell Company

Posted: February 17, 2011 at 10:39 am

Answers.com (NASDAQ: ANSW) has spent most of its many years as a public company attempting to convince Wall St. how ingenious its business plan is and how undervalued its stock ...
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Real Banks With Real Dividends! (JPM, MTB, VLY, NYB, HCBK, PBCT, FNFG, AF, NWBI, CFR, UBSI, FMER, PRK, TRMK, HBHC, FNB, BOH, RY, BNS, BMO, CM)

Posted: February 17, 2011 at 10:28 am

Most investors today believe that none of the banks are paying high-yielding dividends any longer.  While it is true that J.P. Morgan Chase & Co. (NYSE: JPM) is going to ...
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Ten American Companies With The Best News For 2011

Posted: February 17, 2011 at 10:03 am

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and ...
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A Sudden Rise In February Unemployment

Posted: February 17, 2011 at 9:44 am

If there are any worries that lingers with economists about the current American financial situation, jobs and housing are about all that is left. The argument has been persuasively made ...
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Gold Miners Looking Forward to 2011 (ABX, KGC, AU, NEM, GG, GLD, GDX, GDXJ)

Posted: February 17, 2011 at 9:41 am

Earnings are out for three large gold miners, and the reviews are mixed. Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), and AngloGold Ashanti (NYSE: AU) have all ...
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The Twitter-24/7 Wall St. Market Report (2/17/2011) Job Claims, Consumer Prices–All Bad

Posted: February 17, 2011 at 9:06 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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Top Active Trader Alert Stocks (ANAD, CCME, NTAP)

Posted: February 17, 2011 at 8:58 am

Active traders and day traders have many stocks to choose from this Thursday morning.  We are tracking news and moves in shares of ANADIGICS, Inc. (NASDAQ: ANAD), China MediaExpress Holdings (NASDAQ: CCME), NetApp, ...
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Top Analyst Upgrades & Downgrades (AMD, BAM, GENZ, KGC, NTAP, NVDA, OWW, PAAS, SLE, SFLY, SWK, HOT)

Posted: February 17, 2011 at 8:39 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Advanced Micro Devices, Inc. (NYSE: AMD) Reiterated Buy and $12 ...
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Today’s Best Market Rumors (2/17/2011) New Job For Genzyme CEO?

Posted: February 17, 2011 at 8:34 am

Updated throughout the day. Russian billionaire Suleiman Kerimov is the largest buyer of shares in VTB bank (NYT) Henri A. Termeer, Genzyme's (NASDAQ: GENZ) CEO, may join  private equity firm. (Bloomberg) ...
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Borders CEO Tells Customers “All Is Well”

Posted: February 17, 2011 at 6:08 am

Mike Edwards, the CEO of Borders Group which has just declared bankruptcy, wrote the retailer's "Rewards Members" to tell them everything at the company is fine. If the Borders' program ...
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