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Monthly Archives: August 2011

AIG Pays Back $2 Billion More, No Good Deed Goes Unpunished (AIG)

Some companies just can't win for losing. particularly when they are tied to the financial sector at the hip and have major trading exposure to banks in America and Europe.  ...
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The Twitter-24/7 Wall St. Market Report (8/19/2011) Bank Of America Lay-Offs

Updated throughout the day Zerohedge: Fed’s Dudley Predicts Stronger Growth in Second Half of 2011. And JPM predicts 0.5% GDP in Q1 2012 USA Today: Reports: Bank of America cutting ...
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Today’s Best Market Rumors (8/19/2011) RIM Music Service, Sprint Buy Clearwire?

Updated throughout the day. Sprint-Nextel (NYSE: S) may buy Clearwire (NASDAQ: CLWR) Research In Motion (NASDAQ: RIMM) is developing a music service for smartphones (WSJ) Douglas A. McIntyre ...
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More Disaster in Solar Sector (LDK, JASO, FSLR, SPWRA, TSL, SOL, CSIQ, STP, ESLR, TAN)

Solar PV makers continue to hammer themselves and their peers with a seemingly never-ending torrent of terrible news. After markets closed yesterday LDK Solar Co., Ltd. (NYSE: LDK) revised guidance ...
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Top Analyst Upgrades & Downgrades (AER, AYR, BBY, BBT, CMG, CREE, HPQ, JDSU, LDK, LOGI, LULU, RIMM, SHLD, SINA, SU, TSO, VRSK)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AerCap Holdings N.V. (NYSE: AER) Started as Outperform with $16 ...
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Can Clearwire Really Be Acquired? It’s Complicated (S, CLWR, CMCSA, TWC, T, VZ, CVC, AAPL, RIMM, GOOG)

There is an interesting notion this morning regarding the fate of the real 4G in America and it is both fascinating and complicated.  A report from Bloomberg this morning is ...
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Bank of American Job Cuts May Reach 10,000 as Industry Reels

A memo from Bank of America CEO Brian Moynihan (NYSE: BAC) says that the financial firm will cut 3,500 jobs this quarter. Further restructuring could push that number as high as ...
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Cars Sales Expected to Plunge

Auto sales now are expected to be well below estimates made earlier this year. They seemed to have recovered in the first half from the sickeningly low rates of 2008 ...
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Job Markets: The Trends of 2010 Continue

Unemployment is not a national problem. It is a regional one. The jobs troubles have been in regions hardest hit by the collapse in real estate prices and layoffs in ...
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Barnes & Noble Loses Its Buyer, Left at the Altar

Barnes & Noble (NYSE: BKS) lost its buyer. Liberty Media will invest $204 million in the book reseller, although it is hard to understand why the company needs the capital, ...
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Media Digest (8/19/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Hewlett-Packard (NYSE: HPQ) may spin off its PC business because it bought enterprise software firm Autonomy for $10.3 billion. (Reuters) News Corp. (NASDAQ: NWS) begins to prepare for the possibility ...
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The Eight Ways The Market Collapse Will Cripple Your Finances

Those who don’t invest in the stock market would like to pretend stock market crashes don’t concern them, but the truth is that they do. It’s not only those who ...
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After-Hours Stocks on the Move (ARO, ADSK, BKS, HPQ, LDK, MRVL, SGI)

There are many stocks on the move in the after-hours session.  Some of the moves will seem muted after today's rough market but that is the way the ball bounces.  ...
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Market Collapse! Does The Apocalypse Start Here ?

A 4% collapse of the markets today pushed the DJIA under 11,000 for the second time in two weeks. The market sentiment now is such that the index may be ...
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Reality Check: Walgreen’s Nice! Challenges Grocery & Convenience Stores (WAG, CVS, RAD, KR, SWY, WMT, TGT)

Walgreen Co. (NYSE: WAG) is just a drugstore... Right?  Maybe not any longer in entirety.  As of last year, the company operated 7,650 drugstores and it owned 37 strip shopping ...
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