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Monthly Archives: March 2011

Daily Austerity Watch 3.30.11 — Just Say No?, IMF

Posted: March 30, 2011 at 10:29 am

Here is our latest installment of the Daily Austerity Watch, 24/7 Wall St.’s summary of the major news of efforts by governments to bring their fiscal houses in order. U.S. ...
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SIRIUS XM Antitrust Fight: The War of Yesteryear (SIRI, AMZN, AAPL, GOOG)

Posted: March 30, 2011 at 9:49 am

A federal district judge has ruled that a class action suit may proceed against SIRIUS XM Radio Inc. (NASDAQ: SIRI) for alleged antitrust violations. Sirius must defend itself, of course, ...
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The Mr. Dumas Accounting Award: Universal Travel Group (UTA)

Posted: March 30, 2011 at 9:33 am

Universal Travel Group (NYSE: UTA) is seeing some interesting trading today on news that it is delaying its earnings report.  The company calls itself "a leading travel services provider in ...
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BlackRock Finally Gets S&P 500 Inclusion (BLK, BAC, GENZ, SNY, GM)

Posted: March 30, 2011 at 8:59 am

BlackRock, Inc. (NYSE: BLK) is finally getting the respect it deserves.  The asset manager is being added to the S&P 500 Index.  The index had held this addition up for ...
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Top Active Trader Alert Stocks (CEPH, NLST, VRX, VVTV)

Posted: March 30, 2011 at 8:54 am

Active traders and day traders have many stocks to choose from this Wednesday morning.  We are tracking news and moves in shares of Cephalon, Inc. (NASDAQ: CEPH), Netlist, Inc. (NASDAQ: NLST), Valeant Pharmaceuticals ...
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Top Analyst Upgrades & Downgrades (AAPL, AXS, CEPH, DELL, INTC, MU, PTIE, PM, TIBX)

Posted: March 30, 2011 at 8:23 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Apple Inc. (NASDAQ: AAPL) Maintained Buy with $450 target but ...
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The Twitter-24/7 Wall St. Market Report (3/30/2011) Ireland Stress Tests

Posted: March 30, 2011 at 8:17 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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Today’s Best Market Rumors (3/30/2011) SK Telecom To Buy Blockbuster?

Posted: March 30, 2011 at 7:52 am

Updated throughout the day. SK Telecom may make a bid for Blockbuster assets (FT) Microsoft (NASDAQ: MSFT) is at work on a mobile payment systems for Windows 7 (Bloomberg) Douglas ...
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A Nintendo Resurrection As 3DS Sales Soar

Posted: March 30, 2011 at 6:12 am

Nintendo appears ready to prove that there are second lives for game console companies. The firm claims that first day sales of its new 3DS were the greatest for any ...
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A US Post Office Plan To Reshape Its Future

Posted: March 30, 2011 at 5:48 am

The USPS has made a proposal the would allow it to close Post Offices with greater ease. The Postal Regulatory Commission and Congress can have a say in this matter ...
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What If EU National Budget Data Are Wrong?

Posted: March 30, 2011 at 5:19 am

The Wall Street Journal says that Portugal's budget report for 2010 may be wrong. The paper writes that "The country's statistics office has been reviewing its 2010 accounts after the ...
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Where Are The Government Homebuyer Tax Credits?

Posted: March 30, 2011 at 5:01 am

The federal government's tax credit for home purchases ended last April. There was a sharp rise in home purchases ahead of its expiration. The housing market has moved down most ...
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Media Digest (3/30/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: March 30, 2011 at 4:16 am

Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of ...
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Cloud Tech Brings Netlist Back In Favor (NLST)

Posted: March 29, 2011 at 5:09 pm

It has been a while since we have seen Netlist, Inc. (NASDAQ: NLST) moving in the after-hours session.  After the close came news from the small cloud player that it was ...
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European Union Aims to Outlaw Cars, and China Could be Using Too Much Food to Make Biofuel (PALL, PPLT, SWC)

Posted: March 29, 2011 at 4:10 pm

Time now for our daily look at commodity prices and news. While a new plan from the European Union might seem to belong more properly in our Alternative Energy Daily, ...
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