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Monthly Archives: March 2011

Today’s Best Market Rumors (3/31/2011) Johnson & Johnson Revamp

Updated throughout the day Former Goldman Sachs Group (NYSE: GS) Morgan Sze raised $1 billion for a new fund. (Reuters) Johnson & Johnson (NYSE: JNJ) will reorganize its consumer products ...
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The Brain Cell Phone Injury Debate Goes Nowhere

Researchers  have tried  for years to prove or disprove that cell phone use damages the brain. Long term exposure to handsets, some believe, must have side effects. Those cellular communications ...
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Greece Might Finally Sell The Acropolis

After months of denials, Greek Prime Minister George Papaconstantinou admitted the country may be forced to sell the Acropolis, something that many consider to be unthinkable.  But the unfathomable may be ...
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TARP Might Make Money

The Treasury Department website is dominated by a headline that reads "Tarp Bank Programs Make Money." The assertion has been challenged by the Congressional Budget Office. The fact that the ...
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The Future of Berkshire Hathaway: Why Sokol Doesn’t Matter

Anyone who reads a newspaper or visits a news or financial site knows that Berkshire Hathaway (NYSE: BRK.B) executive David Sokol quit the conglomerate. There were questions about his trading ...
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Media Digest (3/31/2011) Reuters, WSJ, NYT, FT, Bloomberg

A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world's biggest monetary problem (Reuters) Brent rose ...
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While Nuclear Waste Piles up in U.S., Billions in Fund to Handle It Sit Unused

While Nuclear Waste Piles up in U.S., Billions in Fund to Handle It Sit Unused by Joaquin Sapien ProPublica, March 30, 2011, 11:52 a.m. While the nuclear crisis in Japan ...
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Berkshire Hathaway Loses David Sokol, Buffett’s Heir Apparent Still At Large (BRK-A, BRK-B, LZ)

A surprise has just been handed to Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B).  David Sokol is resigning from the company.  He has been considered one of Warren Buffett's ...
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Qihoo 360 IPO, Someone Got This Very Wrong (QIHU, DANG, YOKU, UTA, CCME)

Qihoo 360 Technology Co. (NYSE: QIHU) is not just another Chinese IPO for American investors.  This one brought the growth theme of China, the internet, and security all in one ...
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Commodities Watch: Golden Acquisition Completed; Europe Says No to Cloned Food (FRG, NEM)

Time now for our daily look at commodity prices and news. Shareholders in Fronteer Gold Inc. (AMEX: FRG) have approved the company's acquisition by Newmont Mining Corp. (NYSE: NEM) in ...
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Alternative Energy Daily: Obama Outlines Energy Policy; California Raises Renewables Share to 30% by 2020

It's time for the daily report on developments in solar and wind power, alternative fuels, and other news related to the alternative energy sector. President Obama gave a speech today ...
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Kansas, Only for Toto and Google (GOOG, CMCSA, T, NFLX)

"Toto, I don't think we're in Kansas any more."  If Dorothy would have just had high-speed internet way back then.  Now, we have Google Inc. (NASDAQ: GOOG) making that ultra ...
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M&A Watch: Pain in Irish Style Bank Mergers (AIB, IRE)

If you have watched Allied Irish Banks plc (NYSE: AIB) or Bank of Ireland (NYSE: IRE) recently, you will have figured out that the banks are not just in trouble.  These ...
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Dividend Watch: Hudson City Bancorp (HCBK)

Today's "Daily Dividend Watch" is one with a bit more caution.  Hudson City Bancorp (NASDAQ: HCBK) is one of those regional banks which we recently noted that already had a high ...
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BioWatch: Biotechs With 50% Implied Upside (GENZ, CEPH, ALNY, DNDN, GERN, HALO, VVUS)

Biotech is about to become even less of a diversified sector due to mergers and acquisitions. Genzyme Corporation (NASDAQ: GENZ) and Cephalon Inc. (NASDAQ: CEPH) will end up accounting for ...
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