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Monthly Archives: November 2011

American’s Concern About Finances Moves Back Toward Recession Lows

Posted: November 25, 2011 at 5:16 am

Consumer confidence and sentiment have reset back to recession levels. That raises the problem of low spending for the holidays. It also may cause businesses to cut costs again in ...
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Europe Lower As U.S. Markets Closed For Holiday

Posted: November 24, 2011 at 10:56 am

Stocks are lower throughout Europe while U.S. Markets are closed and German, French, Italian, and Spanish bond yields have risen since Germany's dismal bond auction on Wednesday indicate a spreading of ...
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Yahoo! (YHOO) Signs Confidentiality Agreement With Microsoft (MSFT)

Posted: November 24, 2011 at 7:48 am

According to several media sources, Microsoft (NASDAQ: MSFT) has signed a confidentiality agreement with Yahoo! (NASDAQ: YHOO) that would allow the software giant access to Yahoo! financial statements and senior management. ...
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AT&T (T) To Take $4 Billion Charge On T-Mobile Deal Concerns

Posted: November 24, 2011 at 7:41 am

AT&T (NYSE:T) has admitted that government resistance to its deal to buy T-Mobile may wreck the chances that the transaction will happen. The huge American telecom company said, "As a ...
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Fitch Downgrades Portugal

Posted: November 24, 2011 at 7:20 am

Rating firm Fitch has downgraded Portugal's sovereign paper to BB- from BBB-. This means the rating has moved into the "junk bond" category. According to MarketWatch, Fitch said another cut ...
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Holiday E-commerce Spending to Greatly Outpace Brick & Mortar (SCOR, AMZN, WMT, TGT)

Posted: November 23, 2011 at 1:29 pm

Many stores are planning to open early on Black Friday in an effort to get a jump on holiday shopping, but spending increases are not expected to rise more than ...
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Sprint, Clearwire Boast Long-Term Upside (S, CLWR, AAPL, VZ, VOD, T)

Posted: November 23, 2011 at 12:10 pm

To say that Sprint Nextel Corp. (NYSE: S) has had a tough go lately is an understatement. To even whisper the same thing about Clearwire Corp. (NASDAQ: CLWR) is a ...
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Crude Oil Inventory Falls, Gasoline Inventory Rises

Posted: November 23, 2011 at 11:11 am

The US Energy Information Administration’s weekly petroleum status report shows that the US commercial crude inventory fell by 6.2 million barrels in the week ending November 18th. Crude oil in ...
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Oddworld: Diamond Foods, From Probe to M&A to Suicide (DMND)

Posted: November 23, 2011 at 10:37 am

Diamond Foods, Inc. (NASDAQ: DMND) has gone from one of the great growth stories to a very troubled company in a very short period of time.  From a prior walnut accounting ...
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For-Profit Colleges Stung in GAO Report (APOL, EDMC, WPO, DV, ESI, STRA, CECO)

Posted: November 23, 2011 at 10:01 am

For-profit colleges have had a tough couple of years. First, the colleges were forced to change admissions procedures in a way that has cost them enrollment. Then student loan default ...
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Sequenom Files To Raise Capital (SQNM)

Posted: November 23, 2011 at 9:09 am

Sequenom, Inc. (NASDAQ: SQNM) has just filed to raise up to $150 million in a mixed securities shelf offering.  The diagnostics company could sell any combination of Common Stock, Preferred ...
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Today’s Best Market Rumors (11/23/2011) Nomura Asset Sales

Posted: November 23, 2011 at 8:30 am

Nomura may sell a large part of its real estate assets (FT) Bush tax cuts were at the heart of the failure of the super committee Douglas A. McIntyre ...
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Beyond Stress Tests: Banks Reach Ridiculous Discounts To Book Value (JPM, BAC, C, WFC, BBT, BK, COF, FITB, GS, MS, JEF, PNC, STI)

Posted: November 23, 2011 at 8:29 am

The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain ...
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Nokia-Siemens Success Story… 17,000 Layoffs Heading To Europe & Beyond (SI, NOK)

Posted: November 23, 2011 at 8:19 am

The Europeans do not celebrate Thanksgiving.  That is a good thing today, because some 17,000 workers in Europe and elsewhere under the Nokia-Siemens Networks venture are going to be fired ...
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Top Analyst Upgrades & Downgrades (AET, BIG, CIT, FMCN, GILD, JASO, LDK, MDR, MU, SNH, VE, INT)

Posted: November 23, 2011 at 8:02 am

These are some of Wednesday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna, Inc. (NYSE: AET) named Bull of the Day at Zacks. Big Lots ...
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