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Monthly Archives: April 2011

Daily Austerity Watch: S&P’s Late Japan Downgrade

Posted: April 27, 2011 at 7:53 am

Good thing the gang at Standard & Poors is not in the weather forecasting business or else investors would be in real trouble.    This morning's downgrade is a case in ...
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National Employee Morale Day: Nokia Cuts 4,000

Posted: April 27, 2011 at 5:54 am

New Nokia (NYSE: NOK) CEO Stephen Elop received a signing bonus of 5 million euros to join the struggling handset company. His base salary is 1.1 million euro. The new ...
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Daily Austerity Watch: Will Bernanke’s First Press Conference Bomb?

Posted: April 27, 2011 at 5:26 am

Daily Austerity Report feels sorry for Federal Reserve Chairman Ben Bernanke as he prepares for his first press conference this afternoon.   No matter what he does, he will disappoint somebody. ...
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The Market Turns Against The Past And Future Of E-Commerce

Posted: April 27, 2011 at 5:24 am

Wall St. did not like the last quarter earnings of Amazon (NASDAQ: AMZN) and it sold off shares of Netflix because of its lackluster forecasts. It would he hard to ...
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Sony: The Tattered Legacy Of Sir Howard Stringer

Posted: April 27, 2011 at 4:56 am

The breach of the Sony PlayStation Network which exposed private records of up to 77 million customers is only one in a long line of failures which have occurred since ...
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A Double Dip Recession May Be Inevitable

Posted: April 27, 2011 at 4:30 am

A potential double dip recession was a large concern a year and a half ago. There was a belief that the deep economic downturn of 2008 and 2009 could not ...
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Media Digest (4/27/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 27, 2011 at 3:59 am

Johnson & Johnson (NYSE: JNJ) will buy Synthes for $21.9 billion (Reuters) S&P cut the Japan sovereign rating outlook because of the earthquake (Reuters) The Sony (NYSE: SNE) Playstation network ...
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After-Hours Top Earnings & Event Stock Movers (BRCM, BWLD, KEYN, LDK, MIPS, REGN, RFMD, SFSF)

Posted: April 26, 2011 at 6:40 pm

We have many after-hours movers after earnings and other reported events.  We are tracking moves in Broadcom Corporation (NASDAQ: BRCM), Buffalo Wild Wings, Inc. (NASDAQ: BWLD), Keynote Systems, Inc. (NASDAQ: ...
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Severe Hack: Sony PlayStation Users Powned by Hack Attack (SNE)

Posted: April 26, 2011 at 5:54 pm

Things have gone from bad to worse at Sony Corporation (NYSE: SNE).  Whether you spell "PWN" as "Powned" or not, Sony and its millions of PlayStation network users just got ...
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Amazon.com Operating Expenses Cloud Massive Growth (AMZN)

Posted: April 26, 2011 at 5:13 pm

Jeff Bezos and friends have delivered the Amazon.com Inc. (NASDAQ: AMZN) first quarter earnings figures for 2011.  The online mega-store looks to be a very soft figure, which is puzzling ...
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SIRIUS XM Hits $2.00… What To Expect Now (SIRI)

Posted: April 26, 2011 at 4:09 pm

When penny stocks cross each new dollar level, speculators and investors generally take a look at what they are holding and decide if there is a reason to keep on ...
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M&A Watch: Lawson, Icahn, and Private Equity (LWSN)

Posted: April 26, 2011 at 2:55 pm

Lawson Software, Inc. (NASDAQ: LWSN) has managed to figure out a way to greatly underwhelm investors and speculators alike.  The company agreed to a sale price that is south of ...
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Commodities Watch: Glencore Gets Taste of Public Scrutiny; Weather Pushing Corn, Wheat Prices

Posted: April 26, 2011 at 1:48 pm

Today's commodities news leads off with a revelation on how the world's largest commodity trader makes some of its profits and follows with a weather report that could push grain ...
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Alternative Energy Watch: Solar PV Sales Predicted to Rise; Maine Wind Farms Not Universally Welcome; Bureau of Land Management Rules Change (LDK, WFR, WFC, FSLR, SPWRA)

Posted: April 26, 2011 at 1:06 pm

Today's news from the world of alternative energy highlights several stories from the solar sector, some pushback on wind farm development in Maine, and a change to BLM rules related ...
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Dividend Watch: IBM Smart Move, Also Not So Smart Move (IBM)

Posted: April 26, 2011 at 12:11 pm

International Business Machines Corp. (NYSE: IBM) is the largest Dow Jones Industrial Average component by far due to its share price.  If it was based on market capitalization like most ...
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