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Monthly Archives: July 2011

Top Brand IPO: Norwegian Cruise Line (NCLH, RCL, CCL)

Posted: July 15, 2011 at 7:32 am

Investors love when iconic brands come public in an initial public offering.  Norwegian Cruise Line Holdings Ltd. has now filed for an IPO in the United States.  Financial terms are ...
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M&A Surprise: Carl Icahn Offers Sneaky Acquisition For Clorox (CLX, IEP, JEF, PG, UL, CL, KMB)

Posted: July 15, 2011 at 6:59 am

13D filings are often full of surprises, and this morning is no exception.  Carl Icahn has an amended filing this morning regarding his 9.4% stake in Clorox Corporation (NYSE: CLX).  ...
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Google As An Economic Indicator

Posted: July 15, 2011 at 6:27 am

When Google (NASDAQ: GOOG) releases its earnings, it does not disclose how many searches are performed in a quarter. It must be in the hundreds of billions, at least. Google ...
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No Greek Risk In EU Bank Stress Tests

Posted: July 15, 2011 at 6:22 am

A test is only as useful as what it tests for. The European Banking Authority is about to release stress tests on 91 large banks in the region. What the ...
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Media Digest (7/15/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: July 15, 2011 at 6:18 am

TSMC may replace Samsung as the maker of chips for the Apple (NASDAQ: AAPL) iPad (Reuters) Google (NASDAQ: GOOG) earnings surpassed Wall St. expectations and shares surged (Reuters) S&P warned ...
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Rebekah Brooks, News International CEO, Resigns

Posted: July 15, 2011 at 5:54 am

The fate of News Corp (NYSE: NWS), already uncertain, has become more so. Rebekah Brooks, News International CEO, resigned. News Corp CEO Rupert Murdoch said he would defend her until ...
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The States That Spend The Most (And Least) On Healthcare For The Poor

Posted: July 15, 2011 at 4:06 am

The federal and state governments spend approximately $5,296 a year on medical treatment for each poor and disabled person on Medicaid. Over 58 million Americans are enrolled in Medicaid. These ...
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Google Kicks Earnings Into High Gear

Posted: July 14, 2011 at 4:46 pm

Google Inc. (NASDAQ: GOOG) is out with earnings and the results are a bit stunning. The internet search giant (and digital amalgamated conglomerate) turned in earnings of $7.68 EPS and ...
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Accounting Troubles, Weak Demand Stifle China’s Solar Juggernaut (JASO, TSL, STP, YGE, LDK, FSLR, TAN)

Posted: July 14, 2011 at 2:48 pm

Chinese solar PV makers are taking a few more lumps today as investors continue to shy away from a sector that has been damaged by low demand forecasts and accounting ...
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Analysts & Momentum Investors Changing Tune on Netflix? (NFLX)

Posted: July 14, 2011 at 2:33 pm

Netflix, Inc. (NASDAQ: NFLX) might be able to blame the market, or it might be able to blame a sentiment shift after its recently announced price shift.  Since Netflix has ...
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Citibank Earnings Preview Altered by JPMorgan… BofA In The Wind (C, JPM, BAC)

Posted: July 14, 2011 at 1:57 pm

When J.P. Morgan Chase & Co. (NYSE: JPM) beat earnings and gave a solid report on capital ratios, loan loss reserves, credit metrics, and even on its top-line revenues.  This ...
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ETF Watch: Refiners Play Small Role in Energy ETFs (COP, XLE, VDE, XOP, IXC)

Posted: July 14, 2011 at 11:00 am

Today's announcement by ConocoPhillips Corp. (NYSE: COP) that it would spin off its refining and marketing business has pushed the company's share price up nearly 8% at the opening bell. ...
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Confusion Reigns as China Raises Export Quotas on Rare Earths (MCP, AVL, REE, SHZ, REMX)

Posted: July 14, 2011 at 10:36 am

China's Ministry of Commerce has released a statement saying that the government has raised export quotas for rare earth elements to over 30,000 metric tons for 2011, virtually identical with ...
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ITT Special Situation Break-Up Becomes More Clear (ITT, XYL, XLS)

Posted: July 14, 2011 at 10:30 am

ITT Corporation (NYSE: ITT) is now forecasting more clearly what its special situation break-up will look like.  This was recently featured by 24/7 Wall St. as one of our picks ...
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Most Active Stocks Languish: Market Lacks Conviction (JPM, GOOG, COP)

Posted: July 14, 2011 at 10:21 am

The balance between a potential downgrade of US debt and strong bank results left the market without conviction. That leaves open the issue of whether the American debt cap and ...
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