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Monthly Archives: July 2011

An Ombudsman For Credit Rating Agencies

Posted: July 11, 2011 at 6:42 am

The president of Portugal recently said that credit ratings agencies have too much power. The agencies' comments have thrown Europe's financial health into question, particularly the ability of Greece, Portugal ...
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States Running Out Of Blue-Collar Jobs

Posted: July 11, 2011 at 6:29 am

The size of the American blue-collar workforce continued to decline in the last decade. Between 2000 and 2010, the economy lost roughly 4 million blue-collar jobs, according to data from ...
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Portugal, Spain, Italy Debt Sales Reach Panic Levels

Posted: July 11, 2011 at 6:20 am

The panic that EU default trouble could  move beyond Greece to the sovereign paper of Portugal, Spain, and even Italy grew today. News reports say that some EU officials now ...
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Media Digest (7/11/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: July 11, 2011 at 6:18 am

The prime minister of China says inflation is the government's first priority and that the central bank there may tighten monetary policy again (Reuters) EU financial ministers and central bankers ...
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Contagion Surges Toward Italy

Posted: July 10, 2011 at 12:16 pm

Perhaps all of the weakest nations economically in the EU will suffer because the Greek situation cannot be rectified. Perhaps that means there will be no public sector/private sector precedent ...
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China Trade Surplus Surges, Economy May Be Stable

Posted: July 10, 2011 at 8:06 am

China's General Administration of Customs said the nation's trade surplus rose to $22.3 billion in June from $13.1 billion in May. Exports reached $162 billion, up 17.9% over the same ...
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24/7 Wall St. Top 10 Analyst Calls of the Week (ACTV, AAPL, EL, GERN, GOOG, NFLX, SZYM, TLAB, WNR, YUM)

Posted: July 9, 2011 at 11:26 am

24/7 Wall St. usually covers ten to fifteen analyst calls each morning that are having an impact on shares.  After going through these research calls at the end of the ...
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China Inflation Rates Reach Three-Year High–Global Price Pressure Grows

Posted: July 9, 2011 at 9:51 am

World food prices reached close to record levels last month, according to the UN Food and Agriculture Organization. They will probably remain high throughout the next year. Low crop production ...
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June Unemployment And The Last Shuttle

Posted: July 9, 2011 at 8:58 am

Three hours after a dismal jobs report the shuttle Atlantis made the last of 135 flights by the American fleet of orbiters, which extends back to 1981. Atlantis took with ...
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Week’s Market Losers: JC Penney, Schwab, News Corp And More

Posted: July 9, 2011 at 7:58 am

News Corp (NYSE: NWSA) share dropped 3.5% as the company faced a large bribery and phone hack scandal in the UK and closed it New of the World paper. The ...
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Week’s 10 Market Winners: Urban Outfitters, Netflix, And More

Posted: July 9, 2011 at 7:36 am

In a week in which retail sales took a backseat only to jobs reports, Urban Outfitters (NASDAQ: URBN) moved higher by 12.7% as Morgan Stanley said the stock was undervalued. ...
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Top Earnings Previews For The Week Ahead (AA, NVLS, ADTN, MAR, NG, YUM, CBST, GOOG, JBHT, JPM, C, MAT)

Posted: July 8, 2011 at 2:20 pm

The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week.  We have already identified ...
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When Analysts Upgrade Apple & Downgrade Google In The Same Day (AAPL, GOOG)

Posted: July 8, 2011 at 1:53 pm

This was a strange day in the markets, not just because the non-farm payrolls and unemployment rate were far worse than expected.  It is just not that often that you ...
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Commodities Watch: Copper Prices Rise on China, Fall on US Data (FCX, NEM, SCCO, BVN, CU, JJC, COPX)

Posted: July 8, 2011 at 12:40 pm

Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world's top consumer of copper, ...
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Best Ideas List For The Second Half (ANF, AWK, BKS, CMG, GME, HSY, IPSU, MED, RVBD, SEIC, PRTS)

Posted: July 8, 2011 at 12:01 pm

Many research firms and brokerage firms maintain a list of best ideas for the year, and these often get updated quarterly or as companies reach a target or as they ...
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