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Monthly Archives: September 2011

The New York Times Hits a Wall as Industry Falters

Posted: September 22, 2011 at 6:25 am

Advertising revenue at the New York Times (NYSE: NYT) will be off 8% in the third quarter, according the company’s CEO, Janet Robinson. She made the comments at a gathering ...
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Global Stocks Under Siege, Europe Down 4%

Posted: September 22, 2011 at 6:19 am

Stock markets across the world have dropped by amounts that will certainly cause a large sell-off when the US opens at 9.30. Analysts blame the Federal Reserve's announcement about bond ...
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States Losing the Most Jobs to China

Posted: September 22, 2011 at 4:42 am

China is taking American jobs, labor unions, politicians and economists, have accused for some time. The logic is simple. While a manufacturing job in the U.S. may pay $50 an ...
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Media Digest (9/22/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 22, 2011 at 4:00 am

The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI ...
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Top Debt & Credit Rating Agency Actions (BAC, WFC, C, CNH, RAH, SWC, FIATY)

Posted: September 21, 2011 at 3:32 pm

Our daily look at credit and debt ratings actions has to lead off with the news that Moody's has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells ...
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Bernanke Throws $400 Billion at ‘The Twist’

Posted: September 21, 2011 at 2:34 pm

Ben Bernanke and friends at the FOMC gave their decision on interest rates today.  As you would expect, there was little that could be formally done with Fed Funds at ...
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Traffic Trends For Top 50 Web Sites (SCOR, GOOG, YHOO, MSFT, AOL, AMZN, EBAY, WMT, TGT, NYT, GCI, WPO, NFLX)

Posted: September 21, 2011 at 1:53 pm

Web site visitors didn't set any records last month, but they also didn't lose any ground. Among the leading sites, some had small gains and others had small losses. Overall ...
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Running Out of Room to Store Gold Supplies (BCS, DB, JPM, BCO, GLD, IAU, HBC)

Posted: September 21, 2011 at 12:50 pm

Demand for gold as a safe haven has driven demand for more places to store that gold. And it's getting harder more difficult to find that storage, resulting in a ...
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Moody’s Downgrades BofA’s “A” Credit Rating… Wells & Citi Follow (BAC, C, WFC)

Posted: September 21, 2011 at 12:40 pm

Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies.  It is now looking to be no stranger to credit rating downgrades.  Moody's ...
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Apache Garners a Bargain in the North Sea (APA, XOM, APC, CVX, COP, OXY, DVN, BP)

Posted: September 21, 2011 at 11:46 am

Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The ...
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Rumor Driving: Apotheker CEO Change at H-P… You’re Fired? (HPQ, SAP, ORCL, IBM)

Posted: September 21, 2011 at 11:34 am

Leo Apotheker may have one of the shortest CEO jobs in technology history.  There are rumors that the board of Hewlett-Packard Co. (NYSE: HPQ) is already considering replacing Apotheker.  The ...
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Coal Trends: A Douple-Dip Recession Predicting Tool? (ANR, WLT, PCX, ACI, JRCC, YZC, KOL, FCX, JJC)

Posted: September 21, 2011 at 10:50 am

Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession.  The companies have both lowered ...
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Patent Wars Cost Society $500 Billion (AAPL, GOOG, RIMM, SSNLF, SNE, ERIC, NOK, MMI, EK, RMBS, ACTG, IDCC, TSRA, WILN)

Posted: September 21, 2011 at 10:23 am

When news hits the street of another patent lawsuit, the characteristic reaction of some investors is to dump the defendant's stock as quickly as possible. Those sales inevitably depress the ...
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SABMiller & Fosters: A Huge Deal in the Beer Business (BUD, SBMRY, MO, TAP, SAM)

Posted: September 21, 2011 at 9:29 am

Everything about Australia's Foster's Lager seems big -- starting with the brew's over-sized can. Today the beer's maker, Foster's Group Ltd., agreed to be acquired by the world's second largest ...
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Has Netflix Stock Bottomed Out Yet? (NFLX, LSTZA, AMZN, CSTR, CMCSA, TWC)

Posted: September 21, 2011 at 9:14 am

Netflix, Inc. (NASDAQ: NFLX) is suffering from the most obvious management blunders of 2011 for media companies. This stock has been punished after changing its pricing structure.  The company apologized, ...
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