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Morning Movers (IPSU, DMND, TLEO, IRBT, TRIP)

Posted: February 9, 2012 at 10:28 am

The three major US equities indexes opened higher this morning as traders await an agreement on the still-pending Greek debt swap. The DJIA is about 39 points at about 12,923, ...
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Ugly Shoes Empire Expanding: Crocs Goes Into New Merchandise Territory (CROX)

Posted: February 9, 2012 at 9:46 am

Crocs Inc. (NASDAQ: CROX) is going into many new horizons with its brand.  It almost sounds impossible if you are not a fan of the brand.  Many people love Crocs, ...
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US Refined Product Imports to Increase

Posted: February 9, 2012 at 9:19 am

In a counter-intuitive report from Bloomberg News, a new survey of shippers indicates that gasoline exports from Europe to the US are set to increase by 18% over the next ...
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Greek Debt & Austerity Deal, Cheered With a Thud (NBG, GREK, FXE, ALU, DB, STD)

Posted: February 9, 2012 at 9:06 am

Reports are out that parties in Greece have finally agreed to a debt and austerity deal that will allow it to get its bailout funding and to remain part of ...
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Weekly Jobless Claims Look Good, But With Underlying Mixed Data

Posted: February 9, 2012 at 8:38 am

The Labor Department has just given its newest report on Weekly Jobless Claims and the news is heading more and more in the right direction.  The new rate is down ...
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Today’s Best Market Rumors (2/9/2012) Greece Reaches Bailout Deal

Posted: February 9, 2012 at 8:33 am

Updated throughout the day on The 24/7 Wire. The US and state attorneys general are close to a settlement with five majors banks which include Citigroup, Bank of America, and ...
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Top Analyst Upgrades & Downgrades (AMGN, AUO, AONE, ELN, EXPE, IR, MMM, MRH, NYX, POST, RIMM, SOHU, AAPL)

Posted: February 9, 2012 at 8:29 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Amgen Inc. (NASDAQ: AMGN) Cut to Perform at Oppenheimer; ...
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Morning Wire — US Stock-Index Futures Down Slightly

Posted: February 9, 2012 at 8:24 am

US index futures are slightly lower this morning, returning to their early morning behavior before yesterday. Observers now think that the Greek debt swap deal will get done just in ...
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Pepsi Earnings Growth Meets Large Layoffs (PEP, KO)

Posted: February 9, 2012 at 7:50 am

PepsiCo, Inc. (NYSE: PEP) is trying to turn a wrong-way ship.  Whether this is the right path is going to be up for debate.  During a recovery, layoffs are not always viewed ...
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Eight States Where Companies Are Hiring

Posted: February 9, 2012 at 6:41 am

Companies across the country are hiring more workers, at least if you ask their employees. In 2011, 31% of U.S. workers reported that their employers were hiring, according to Gallup’s ...
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Groupon and Facebook — What Do People Really Do Online?

Posted: February 9, 2012 at 6:40 am

Groupon (NASDAQ: GRPN) and Facebook are in a battle with many investors about the value of their audiences. Do Groupon’s visitors still use it regularly to buy merchandise? Do Facebook’s members ...
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Suddenly, China’s Car Market Falls Apart

Posted: February 9, 2012 at 6:39 am

One reason investors like to own General Motors (NYSE: GM) stock is that that company is the leading car manufacturer in China, when its local partners’ sales results are added to ...
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Who Gets to Settle the Greek Problem?

Posted: February 9, 2012 at 6:39 am

Evangelos Venizelos, the rotund finance minister of Greece, has gone to Brussels to parlay with eurozone officials about how his country can break the deadlock that threatens to cause a default next ...
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What’s Important in the Financial World (2/9/2012) A Mortgage Deal With Banks, Yahoo! to Sell Alibaba?

Posted: February 9, 2012 at 6:38 am

As one set of government suits against America’s largest banks is settled, another is about to begin. Media reports say that federal regulators and state attorneys general have set a ...
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Media Digest (2/9/2012) Reuters, WSJ, NYT, Bloomberg

Posted: February 9, 2012 at 6:37 am

Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble Wall ...
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