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Monthly Archives: February 2011

The FDIC List Of “Problem Banks” Rises With No Audit In Place

Posted: February 24, 2011 at 5:48 am

The FDIC issued its report for the fourth quarter of 2010. The number of institutions on the FDIC's "Problem List" rose from 860 to 884. Total assets of "problem" institutions ...
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The Congressional Budget Office Misplaces Two Million Jobs

Posted: February 24, 2011 at 5:13 am

The Congressional Budget Office is supposed to issue a quarterly report on the American Recovery and Reinvestment Act which is the centerpiece of the Administration's efforts to right the economy. ...
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Media Digest (2/24/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: February 24, 2011 at 4:14 am

Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by ...
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MEMC Raises Capital (WFR)

Posted: February 23, 2011 at 5:09 pm

MEMC Electronic Materials, Inc. (NYSE: WFR) is raising capital.  The silicon and solar panel materials maker intends to commence a private offering of $500 million in senior notes due 2019.  ...
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Priceline.com: An Earnings Cycle Peak? (PCLN, EXPE)

Posted: February 23, 2011 at 4:30 pm

Priceline.com Incorporated (NASDAQ: PCLN) may be at a cycle peak.  With shares above $400.00 and having more than doubled from its year lows, it would not be too much to ...
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Are Advertisers Revolting Against Apple? (AAPL, GOOG, MSFT, NOK)

Posted: February 23, 2011 at 2:01 pm

The chase for advertising dollars just waiting to be harvested from all those smartphones is just getting starting. Of an estimated $500 billion in annual global ad spending, only about ...
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S&P Credit Upgrade for Amazon.com (AMZN)

Posted: February 23, 2011 at 12:58 pm

Forget about Amazon.com Inc. (NASDAQ: AMZN) winning from its new efforts in digital downloads for a moment.  Take a look at its credit rating from the credit ratings agency.  Standard ...
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North African Turmoil Could Push Oil to $220/Barrel (NMR)

Posted: February 23, 2011 at 12:43 pm

Not even a promise from Saudi Arabia's oil minister to make up any production shortage caused by the unrest in Libya and Algeria is enough to hold down the rise ...
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Uranium, Nuclear Energy Moving Forward, But USEC is Not (USU, URRE, UEC, URG, URZ, GE, CCJ, HIT, URA)

Posted: February 23, 2011 at 12:40 pm

Uranium processor USEC Inc. (NYSE: USU) reported earnings this morning and offered some partial guidance for 2011. The company's fourth-quarter diluted EPS came to $0.05 on revenue $666.4 million, compared ...
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Gaddafi Made Libya Into An Economic Basket Case Long Ago

Posted: February 23, 2011 at 12:24 pm

Libyan strongman Col. Mu'ammar Gaddafi, who today vowed to die a martyr as pressure mounts on him to leave office after 40 years, was supposed to be mellowing with age.   ...
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Auto Sales Flat Line As GM Loses Ground

Posted: February 23, 2011 at 12:07 pm

A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 ...
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The Scenario for $220 Oil

Posted: February 23, 2011 at 12:00 pm

If you think that $97 for crude in West Texas Intermediate or $110 per barrel for Brent Sea crude is getting too high, what would you say about a call ...
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Is Silver Still Better Than Gold? (SLV, GLD, SIVR)

Posted: February 23, 2011 at 11:18 am

Arbitrage trading and spread trading is not without risks.  Just ask those who decided in late-January that Brent Crude was widening out too much compared to historic spreads against West ...
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Health-Care Reform Boosts Health-Care Providers (WLP, UNH, AET, CI, CNC, AGP, WCG, MOH)

Posted: February 23, 2011 at 10:22 am

While the courts and the Congress continue to fight over the health-care reform law, known as the Affordable Care Act or ACA, insurers are looking forward to as many as ...
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10 Hidden Gems in E*TRADE’s Annual Report (ETFC)

Posted: February 23, 2011 at 10:05 am

E*TRADE Financial Corporation (NASDAQ: ETFC) is one of the many companies which have filed their annual reports under form 10-K with the SEC in recent days.  These reports often contain ...
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