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Monthly Archives: June 2011

Daily Austerity Watch: Boehner Hints At Debt Ceiling Compromise

Posted: June 2, 2011 at 10:16 am

House Speaker John Boehner (R-OH) is finally saying something sensible about the debt ceiling. Speaking to reporters in Washington after a meeting Wednesday with President Barack Obama, the Ohio Republican ...
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For-Profit Education Sees Massive Win in D.C. Loss (STRA, APOL, CECO, EDMC, COCO, ESI, DV)

Posted: June 2, 2011 at 9:03 am

The final version of the regulatory acts against for-profit education companies is far less troublesome on the surface than what had been originally proposed.  It is also far less stringent ...
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Top Active Trader Alert Stocks (APOL, COCO, CIGX)

Posted: June 2, 2011 at 8:59 am

Active traders and day traders have many stocks to choose from this Thursday morning.  We are tracking news and moves in shares of Apollo Group, Inc. (NASDAQ: APOL), Corinthian Colleges, Inc. (NASDAQ: ...
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The Twitter-24/7 Wall St Market Report (6/2/2011) Jobless Claims, OPEC Up, May Retail

Posted: June 2, 2011 at 8:58 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 Rumor (6/1/2011) Nokia M&A, SAC Probe

Posted: June 2, 2011 at 8:37 am

Updated throughout the day. PE firm Gore is in talks to buy part of Borders (WSJ) SAC will be probed for its use of "expert networks". (NYT) Microsoft (NASDAQ: MSFT) ...
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The New High $2.75 Call in SIRIUS XM (SIRI)

Posted: June 2, 2011 at 8:36 am

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is seeing a bit of a pop this morning on active pre-market trading for over an hour until the open.  We have seen about ...
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Top Analyst Upgrades & Downgrades (ATML, CMA, CBRL, DNDN, DV, EDMC, GIS, GFI, IPSU, JNS, LPS, MTL, MHS, MPEL, QLTY, SIG, SIRI, VG, ZUMZ)

Posted: June 2, 2011 at 8:07 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Atmel Corporation (NASDAQ: ATML) Reiterated Buy and $17 target at ...
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Costco Revenue And The Death Of Margins

Posted: June 2, 2011 at 6:45 am

Costco (NASDAQ: COST) released May figures. They looked good at first, but a close examination shows that the big box retail chain's revenue barely kept up with same-store sales growth ...
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An Airline Recovery May Be No Recovery At All

Posted: June 2, 2011 at 6:43 am

The IATA, the voice of the global airline industry, says that business has returned to pre-recession levels. There are still some troubles that could keep costs high and undermine the ...
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Feisty Old People Want To Continue Working

Posted: June 2, 2011 at 6:39 am

It has been generally assumed that many Americans would like to retire at the traditional age of 65. They will only work longer because the credit crisis and housing market ...
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The White House Changes Its Mind On Value Of Auto Bailout

Posted: June 2, 2011 at 6:35 am

Vice President Joe Biden spent much of last weekend speaking about the value of the federal government bailout of Detroit. Treasury Secretary Timothy Geithner and President Barack Obama have made ...
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Media Digest (6/2/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: June 2, 2011 at 6:28 am

May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models ...
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Breakfast Cereals Americans No Longer Love

Posted: June 1, 2011 at 9:06 pm

The average American spends about 13 minutes a day preparing and eating breakfast, the meal nutritionists consider to be the most important of the day, according to NPD Group.   Increasingly, ...
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Google: China’s Nifty New Email Theft Tricks

Posted: June 1, 2011 at 5:44 pm

Some portions of the population of the People's Republic cannot help themselves. Google's Gmail system is broken into with greater and greater frequency. The most serious battle was in early ...
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The Top 6 Defensive Stocks For Investors Right Now (PEP, CAG, MO, CL, JNJ, AWK)

Posted: June 1, 2011 at 4:43 pm

Stocks are still correcting as economic data keeps coming  in weaker and weaker.  Now the media keeps routinely talking up what we called a supporting call for QE3.  Please, no ...
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