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Monthly Archives: August 2011

Today’s Best Market Rumors (8/24/2011) Sprint Gets iPhone, McGraw-Hill M&A

Posted: August 24, 2011 at 8:34 am

Updated throughout the day. Sprint-Nextel (NYSE: S) will offer the Apple (NASDAQ: AAPL) iPhone 5 in October. (WSJ) McGraw-Hill (NYSE: MHP) will spin off its eduction business (FT) Douglas A. ...
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Does VIVUS Need This Cash From The Stock Offering? (VVUS, OREX, ARNA)

Posted: August 24, 2011 at 8:27 am

VIVUS, Inc. (NASDAQ: VVUS) is in the news this morning after entering into an agreements with a select group of institutional investors to sell 6,889,098 shares of its common ...
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Top Analyst Upgrades & Downgrades (BSX, CI, CSC, ELN, GOOG, NDAQ, NEM, NUE, RCL, SANM, SKS, X, VVUS)

Posted: August 24, 2011 at 8:10 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Boston Scientific Corporation (NYSE: BSX) Reiterated Buy as Value at ...
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Another Sign of EU Recession, as Industrial Orders Fall

Posted: August 24, 2011 at 6:39 am

The recession beginning to develop in the EU has shown more signs of accelerating. EuroStat reports that, “In June 2011 compared with May 2011, the euro area industrial new orders ...
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The States That Expect the Least of Their Students

Posted: August 24, 2011 at 6:36 am

The majority of states require less and less from students in order to meet the requirements of the No Child Left Behind Act. In fact, when it comes to reading ...
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Is Gold Fields Too Good to Be True?

Posted: August 24, 2011 at 6:28 am

Gold Fields Ltd. (NYSE: GFI) continues to benefit from record gold prices, reporting a sequential 15% gain in second-quarter profits. Although the South Africa-based gold producer is diversifying its geographic ...
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Giant Technology Stocks Are Now Too Cheap (AMAT, CSC, GLW, DELL, HPQ, INTC, KLAC, LRCX, MSFT, MU, SNDK, WDC)

Posted: August 24, 2011 at 6:25 am

The sell-off and market volatility have made it difficult for many nervous investors to either stand pat or even to stay interested in the market when they are more interested ...
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Will BP Get $10 Billion Back From Disaster Fund?

Posted: August 24, 2011 at 6:22 am

The fund set aside for claims related to the Deepwater Horizon incident has paid out $5.551 billion to settle 359,441 claims paid to 204,434 claimants. The figures were issued as ...
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Media Digest (8/24/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 24, 2011 at 6:19 am

Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung to ...
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Moody’s Downgrades Japan To Aa3, Little Reaction

Posted: August 23, 2011 at 7:41 pm

In a financial world where nothing seems to be worth what it was just two months ago. Moody's downgraded Japan to Aa3 from Aa2. Japan was the world's second largest ...
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Sprint May Finally Get the iPhone (S, AAPL, RIMM, T, VZ)

Posted: August 23, 2011 at 3:38 pm

If there is one thing that we have been wondering about time after time, it is this: WHEN WILL SPRINT SELL THE IPHONE???  Sprint Nextel Corporation (NYSE: S) is reportedly ...
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Hurricane Irene’s Threat to Eastern Seaboard, D.C. & NYC

Posted: August 23, 2011 at 2:19 pm

What has become good news for Florida and its neighboring states has become what looks like bad news for much of the northern and central parts of the Eastern Seaboard.  ...
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Dish Network’s Plans Becoming Clearer (DISH, T, S, VZ)

Posted: August 23, 2011 at 1:01 pm

Back in February, Dish Network Corp. (NASDAQ: DISH) acquired two bankrupt satellite communications companies, TerreStar Network Corp. and DBSD North America, Inc., for $1.375 and about $1 billion respectively. At ...
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When J.P. Morgan Defends Bank of America… And Addressing Multiple Rumors (JPM, BAC, C, FAS)

Posted: August 23, 2011 at 12:46 pm

J.P. Morgan Chase & Co. (NYSE: JPM) is the highest credit quality of the money center banks in America.  Bank of America Corporation (NYSE: BAC) is not.  Far from it.  ...
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JP Morgan May Take Over Bank Of America

Posted: August 23, 2011 at 12:14 pm

There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will take over Bank of America (NYSE: BAC) within the week. The government will support the deal ...
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