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Monthly Archives: August 2011

Carbonite Sets Solid IPO Terms (CARB)

Posted: August 1, 2011 at 9:18 am

Carbonite has set the terms for the pricing of its initial public offering.  If you will recall, Carbonite is one of our own Top 17 IPOs to Watch in 2011.  ...
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Energy Funds Winning on Debt Ceiling Deal (XLE, IYE, VDE, IXC)

Posted: August 1, 2011 at 9:11 am

The price of crude oil has responded quickly to the news that an agreement on the US debt ceiling has been reached. Though the deal still needs final votes for ...
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Top Active Trader Alert Stocks (LVLT, PAET, SIRI, SUNH)

Posted: August 1, 2011 at 8:53 am

Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and  moves in shares of Level 3 Communications (NASDAQ: LVLT), PAETEC Holding Corp. (NASDAQ: ...
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The Twitter-24/7 Wall St. Market Report (8/1/2011) US Debt Downgrade, July Car Sales

Posted: August 1, 2011 at 8:44 am

NYT: Global Markets Are Up After U.S. Debt Deal http://nyti.ms/qTmc0C Bloomberg: U.S. Auto Sales Stall http://bloom.bg/qlvWbd $F $GM Zerohedge: Goodbye Japan V-Shaped Recovery: Record July Car Sales Plunge http://is.gd/qLHeNc Yahoo! ...
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Today’s Best Market Rumors (8/1/2011) Foxconn Robots, Goldman Sale

Posted: August 1, 2011 at 8:36 am

Updated throughout the day. Apple (NASDAQ: AAPL) supplier Foxconn will use up to one million robots for manufacturing by 2013 (Reuters) Lansdowne Partners sold an $850 million stake in Goldman ...
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Changing of the Guard at Symantec, John Thompson Exits Chairman Role (SYMC, INTU, AMR, QCOM)

Posted: August 1, 2011 at 8:18 am

Symantec Corp. (NASDAQ: SYMC) is announcing the changing of the guard at its Chairman position.  Independent board member Steve Bennett will be elected to succeed former CEO John W. Thompson ...
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Top Analyst Upgrades & Downgrades (ABC, CAM, CE, CVX, EMC, FII, OII, RSH, RTN, O, SKH, SUNH, VHS, VE, VOD)

Posted: August 1, 2011 at 8:06 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AmerisourceBergen Corporation (NYSE: ABC) Cut to Hold at Citigroup. Cameron ...
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HSBC To Kill 30,000 Jobs

Posted: August 1, 2011 at 6:34 am

The recession is supposed to be over, or at least the part during which joblessness grew. HSBC (NYSE: HBC) offered another example that is not the case. It will cut ...
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Budget Deal: No New Taxes

Posted: August 1, 2011 at 6:29 am

"Read my lips: no new taxes"--George H. W. Bush at the 1988 Republican National Convention The final budget bill crafted to allow an increase in the debt cap will be ...
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The US Car Market And The Collapse Of GM

Posted: August 1, 2011 at 6:15 am

GM (NYSE: GM) was supposed to be one of the largest beneficiaries of the recovery of the US car market. It had been through a bankruptcy with federal government aid ...
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UN: Global Population To Hit 10 Billion

Posted: August 1, 2011 at 6:12 am

The world's population is likely to reach 10.1 billion people by the end of the century up from 7 billion this year. It will reach 9.3 billion along the way--probably ...
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Media Digest (8/1/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: August 1, 2011 at 5:56 am

A debt deal agreed to by both parties will be voted on today (Reuters) The debt deal is likely to cause a sharp improvement in stock prices (Reuters) Hackers said ...
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