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Monthly Archives: December 2011

Banking on General Electric (GE)

Posted: December 6, 2011 at 12:13 pm

General Electric Co. (NYSE: GE) is probably thinking "Now it Europe's turn to lose the 'AAA' rating."  After all, the conglomerate still represents the broad economy by many standards.  It ...
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After S&P Euro Warning… EFSF Today, Banks & Insurance Companies Tomorrow

Posted: December 6, 2011 at 9:52 am

The entire world now knows about the European Union warnings from S&P on Monday.  This morning came word that the 'AAA' long-term credit rating on the European Financial Stability Fund ...
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Inergy Midstream Prices IPO (NRGY, MS, BAC, JPM)

Posted: December 6, 2011 at 9:17 am

Inergy Midstream L.P. has indicated its IPO price range as being $19-$21/common unit and will offer 16 million units when the company goes public. It will trade on the NYSE ...
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Today’s Best Market Rumors (12/6/2011) Ford CEO Search

Posted: December 6, 2011 at 8:42 am

        Deutsche Boerse and NYSE Euronext (NYSE: NYX) will have to sell assets to close their merger (Reuters) Ford (NYSE: F) has started to look for ...
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Top Analyst Upgrades & Downgrades (MO, AEA, CCK, GE, HIBB, HBC, ITC, LNKD, PCS, SAP, SON, TSO, VZ)

Posted: December 6, 2011 at 8:39 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Altria Group Inc. (NYSE: MO) Started as Buy at Deutsche ...
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Countries With The Widest Gap Between Rich And Poor

Posted: December 6, 2011 at 6:30 am

The widening gap between the rich and poor is not just an American problem. According to a new study by the Organisation for Economic Co-operation and Development, income inequality in ...
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Shale Gas Industry to Support 870,000 Jobs by 2015

Posted: December 6, 2011 at 6:29 am

The shale oil industry, still in it infancy, has created hundreds of thousand of jobs, and it will support 870,000 by 2015. That would make the sector one of ...
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What’s New in the Financial World (12/6/2011) The Rise of Shale, BP Fights With Halliburton

Posted: December 6, 2011 at 6:29 am

Eurozone on notice. The situation in Europe, so promising just days ago, took a sharp turn for the worse. S&P put 17 nations in the euro area on credit ...
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HTC: A Front Runner Falls Apart

Posted: December 6, 2011 at 6:22 am

HTC, based in Taiwan, is supposed to be the leader among the world’s Android-based smartphone companies. It is supposed to be the company with products that can challenge Apple’s (NASDAQ: AAPL) ...
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Taxing the Rich One State at a Time

Posted: December 6, 2011 at 6:21 am

If the rich will not be taxed at the federal level, perhaps they will be state-by-state. California Governor Jerry Brown has suggested that state residents who make more than ...
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Media Digest (12/6/2011) Reuters, WSJ, NYTimes, FT

Posted: December 6, 2011 at 6:21 am

S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action ...
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Chicago Fed Chief Say Bank Must Act On The Economy

Posted: December 6, 2011 at 4:42 am

Chicago Fed chief Charles Evans says the Federal Reserve must act now to curtail a rapidly deteriorating US economy. In a speech he said Central bankers must formulate monetary policy ...
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24/7 Wall St. Closing Bell (AA, CBI, ADSK, CVC, TWC, DG, HITK, CHKR, BTH, PBY, UEC, SFSF, ATHX, TLEO, THC, RECV)

Posted: December 5, 2011 at 4:11 pm

The equity markets opened strong this morning, with the Dow trading in narrow band around 140 points up all morning until about 1:30 in the afternoon. Hopeful economic news from ...
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Nations That May Lose AAA Ratings — and Those That Won’t

Posted: December 5, 2011 at 2:58 pm

We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the ...
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U.S. Post Office Will Cut Service, Close Processing Stations

Posted: December 5, 2011 at 2:24 pm

In a more detailed explanation of planned service cuts floated last September, the U.S. Postal Service has now published some details to its cuts in first-class mail delivery and the ...
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