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Monthly Archives: March 2011

Commodity Trader Glencore on the Road to IPO (XSRAY, BLK)

Posted: March 3, 2011 at 11:48 am

The time is getting nearer for Swiss-based commodity trading house Glencore International AG to take its shot at entering the public markets. The company has been positioning itself for either ...
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The 24/7 Wall St./Flame Index: March 3 BP Bonuses

Posted: March 3, 2011 at 10:17 am

The Las Vegas Sands (NYSE: LVS) rose in the negative press index as a government investigation over potential bribe payments threatened it highly success business in Macau. BP moved higher ...
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Retail News: Family Dollar Rejects Takeover Offer; Same-store Sales Mostly Improve (FDO, ANF, ARO, AEO, GPS, TGT, DDS, M, LTD, SSI, PIR, TJX, ZUMZ)

Posted: March 3, 2011 at 9:50 am

There's a lot of action in the retail sector this morning, headed by a rejected buyout offer for Family Dollar Stores Inc. (NYSE: FDO) from hedge-fund manager Trian Group, which ...
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Unemployment Rose Recently

Posted: March 3, 2011 at 9:22 am

Unemployment is rising. Or, it may not be. New applications for jobless claims fell 20,000 from last week to 368,000. That is the lowest level in three years. A new ...
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Top Active Trader Alert Stocks (AMLN, BPAX, JASO)

Posted: March 3, 2011 at 8:54 am

Active traders and day traders have many stocks to choose from this Thursday morning.  We are tracking news and moves in shares of Amylin Pharmaceuticals (NASDAQ: AMLN), Biosante Pharmaceuticals (NASDAQ: BPAX), and JA ...
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Twitter-24/7 Wall St. Market Report 3.3.2011 Gas Prices, Jobless Claims

Posted: March 3, 2011 at 8:50 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 3.3.2011 SEC Examination, Citi Sale

Posted: March 3, 2011 at 8:39 am

Updated throughout the day. The SEC is examining the structure of small bank loans to see whether they mask weak balance sheets (WSJ) Blackrock may buy a Citigroup (NYSE: C) ...
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Bilking the Rich: Rising Diamond Prices (TIF, NILE)

Posted: March 3, 2011 at 8:31 am

There is a prevailing belief that higher oil prices act as a tax on the poor and middle classes because everyone pays the same for gasoline and energy regardless of ...
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Top Analyst Upgrades & Downgrades (BX, COP, DISCA, GGP, HOLX, AGN, NVDA, STRA, TKC, UNH, URI, WM, WLP)

Posted: March 3, 2011 at 8:02 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. The Blackstone Group LP (NYSE: BX) Started as Buy at ...
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Disk Drives.. Value Stocks to Value Traps (WDC, STX, AAPL, SNDK)

Posted: March 3, 2011 at 7:16 am

Investors generally look to low price-to-earnings ratios to find "Value Stocks."  The trick is to avoid companies which look like value but may actually be in a state of decline.  ...
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Greeks Say “I Don’t Pay”

Posted: March 3, 2011 at 6:09 am

CNBC points out that polls in Greece show an increase in an "I Don't Pay" movement. Greek citizens cannot do much anytime soon about government expenditure cuts. They may eventually ...
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The Real Message In The Beige Book

Posted: March 3, 2011 at 5:51 am

The Fed's Beige Book, which looks at economic activity in the central bank's regions, did not have much to add to the country's hope for a recovery. It did not ...
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Americans Take To The Road Again

Posted: March 3, 2011 at 5:42 am

Americans drove three trillion miles in 2010, the most since 2007 and the third-highest ever recorded, according to The Department of Transportation. Americans had cut back on their driving until ...
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The Single Product Economy

Posted: March 3, 2011 at 5:04 am

Norway ranks No.12 in the world in oil production. It relies on crude to fuel its economy much like several nations in the Middle East. Some oil production in the ...
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Media Digest 3/3/2011 Reuters, WSJ, NYT, FT, Bloomberg

Posted: March 3, 2011 at 4:17 am

The Treasury expects $6.4 billion from the sales of AIG's (NYSE: AIG) sale of its MetLift share (Reuters) The government is examining a number of small banks to see if ...
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