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Monthly Archives: December 2011

What’s Important in the Financial World (12/26/2011) Sony’s Failure, Yahoo! Drama

Posted: December 26, 2011 at 5:59 am

Sony (NYSE: SNE) continues to restructure itself, although the stock market has been skeptical of its success. The Japanese consumer products company sold its part of an LCD joint venture to ...
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Media Digest (12/26/2011) Reuters, WSJ, FT, Bloomberg

Posted: December 26, 2011 at 5:58 am

Sony (NYSE: SNE) will sell its LCD business to Samsung for $940 million. (Reuters) The yuan hits a high against the dollar and may gain 4% this year. (Reuters) Amazon.com’s ...
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IMF May Revise Global Growth Forecast Lower

Posted: December 25, 2011 at 11:52 am

International Monetary Fund chief Christine Lagarde told the media that the IMF’s planned 2012 global GDP growth forecast of 4% may be to high. The official number will be released next ...
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A Note of Pessimissim from the Car Industry

Posted: December 25, 2011 at 11:38 am

Car company stocks are down around the world, for the most part, while sales have been mostly up this year. No one has adequately explained the divergence. The head of ...
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24/7 Wall St. Closing Bell (AEO, RAM, TSRX, WAG, SCG, BASI, CAMP, RAM, NOA, FAC, PHH, MJN, SFLY)

Posted: December 23, 2011 at 4:04 pm

Today’s opening on equity markets lifted stocks slightly on mixed economic news. New home and durable goods sales rose more than expected, but personal income and spending didn’t meet expectations, ...
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Payroll Tax Cut Bill’s Pipeline Provision Now Moves Front and Center (TRP)

Posted: December 23, 2011 at 12:11 pm

Now that the US House of Representatives has approved (if unwillingly) the Senate bill providing a two-month extension to lower payroll taxes and extend unemployment benefits, the bill goes to ...
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Morning Movers (SPWR, BASI, RMBS, SKY, CAMP)

Posted: December 23, 2011 at 10:22 am

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include SunPower Corp. (NASDAQ: SPWR), Bioanalytical Systems Inc. ...
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New Home Sales Surge

Posted: December 23, 2011 at 10:12 am

In another very modest indication that the housing market has bottomed, new home sales moved higher The Commerce Department: Sales of new single-family houses in November 2011 were at a ...
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Molycorp: Attractive for 2012, With Some Risks at Stake (MCP, AVL, REMX)

Posted: December 23, 2011 at 10:01 am

Molycorp, Inc. (NYSE: MCP) is a stock that we started to really pan when the stock went up into the $60s and even into the $70s. It was a bubble ...
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REITS for the 2012 Model Dividend Portfolio (GOV, SNH, DLR, RWR)

Posted: December 23, 2011 at 9:01 am

Investors are chasing up rent-based assets because they are searching for yield. Earning 2% per year by lending Uncle Sam money is not enticing, so investors are still on the ...
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Malaysia Tries to Attract Investments in Giant Refinery (XOM, RDS-A, DOW)

Posted: December 23, 2011 at 8:56 am

The national oil company of Malaysia, known as Petronas, announced plans in May to build a $20 billion oil refinery and petrochemical complex on the country’s southern border with Singapore. ...
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Today’s Best Market Rumors (12/23/2011) Falcone Settlement, China Sovereign Fund

Posted: December 23, 2011 at 8:38 am

Updated throughout the day. Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern ...
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Iraqi Oil Easy to Find, Hard to Make Money On (XOM, BP, RDS-A, HAL, BHI)

Posted: December 23, 2011 at 8:28 am

When Iraq began offering leases to its vast oil deposits a couple of years ago, there weren’t a lot of big oil companies lined up to buy in. Iraq’s offer ...
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Morning Wire — US Stock-Index Futures Rising into Holiday Weekend

Posted: December 23, 2011 at 8:00 am

Stock-index futures are up again this morning as US markets await reports on durable goods orders and personal income and spending for November. Both are expected to show growth, continuing ...
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Americans Fret About Quality Jobs As Much As Job Quantity

Posted: December 23, 2011 at 6:27 am

As the American jobs situation has slightly improved, people have become more concerned about the quality of the jobs that can get. That appears to mean people believe that jobs can ...
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