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T-Mobile’s Troubled Future

Posted: May 24, 2012 at 6:22 am

T-Mobile, the fourth-largest wireless company in the United States, needs a buyer, not a partner. However, the chances that a buyer will materialized are unlikely, and even parent Deutsche Telekom ...
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Germany Loses Its Footing as Confidence Craters

Posted: May 24, 2012 at 6:21 am

Early this morning, HSBC said its China Purchasing Managers’ Index in May slipped to 48.7, lower than expected. Later in the day, there was evidence of a sharp slowdown in the ...
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Costco Posts Another Strong Quarter

Posted: May 24, 2012 at 6:21 am

Costco (NASDAQ: COST) continues its extraordinary run as the most successful big box retailer. Its "club membership" system has bettered the more traditional store operations of Wal-Mart (NYSE: WMT) and ...
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Media Digest (5/24/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 24, 2012 at 6:20 am

Many members of the EU want Greece to remain a member but have begun to prepare for its departure. (Reuters) Hewlett-Packard (NYSE: HPQ) posts better-than-expected earnings and says it will ...
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Who Knew What, When About Facebook?

Posted: May 24, 2012 at 6:20 am

The debate over whether some large investors were warned about a revenue downgrade of Facebook (NASDAQ: FB) continues. Several media have carried stories about Morgan Stanley (NYSE: MS) and Goldman ...
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A Look Back At Largest IPOs

Posted: May 24, 2012 at 6:18 am

A quick review of the 25 largest US IPOs ever shows how badly Facebook (NASDAQ: FB) has done in early trading. Most of the company's on the list have tremendous revenue, ...
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Oil And Gas Dip More

Posted: May 24, 2012 at 6:13 am

Oil has hit an extraordinarily low price, below $90 for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from ...
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China PMI Slides as World Economy Cools

Posted: May 24, 2012 at 3:31 am

China’s PMI is not a bad marker for global economic activity. That being said, a key measure of it, issued by HSBC, showed a rapid contraction in May. The HSBC Purchasing ...
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H-P Escapes Dell’s Executioner… But Its Workforce Doesn’t

Posted: May 23, 2012 at 4:52 pm

Hewlett-Packard Company (NYSE: HPQ) is managing to escape the trap of Dell Inc. (NASDAQ: DELL) after earnings.  Unfortunately, at least if you are a worker there, a decent portion of ...
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Google Wins Verdict in Oracle Patent Suit

Posted: May 23, 2012 at 4:26 pm

Even the whittled down version of the patent infringement lawsuit that Oracle Corp. (NASDAQ: ORCL) brought against Google Inc. (NASDAQ: GOOG) didn’t pass a San Francisco jury today. The federal ...
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24/7 Wall St. Closing Bell — May 23, 2012 (FB, PCX, BX, AMAT, DELL, AEO, BIG, HRL, STP, TSL, FRED, HNZ, MMYT, TIF, TD, COST, PETM, STX)

Posted: May 23, 2012 at 4:05 pm

The three major US stock indexes opened lower this morning after European leaders disagree on a fiscal response to the continent’s debt crisis(our coverage here). New US home sales were ...
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5 Unusual Against-The-Grain Winners (ALU, GDX, PCX, ROSG, SCHS)

Posted: May 23, 2012 at 3:32 pm

The market was down significantly earlier in the day with a double-digit S&P 500 drop and a triple-digit drop in the DJIA.  We wanted to see some unusual gainers on ...
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When Will Low Oil Help Airlines Out? (UAL, DAL, LCC, LUV, JBLU)

Posted: May 23, 2012 at 2:53 pm

Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels.  And guess what, airplanes are full, fares are up, carriers are passing ...
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US Crude Oil Inventories Rise Slightly, Gasoline Prices Continue Sliding

Posted: May 23, 2012 at 2:29 pm

The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories increased by 900,000 barrels last week, bringing the total US commercial crude ...
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Euro Loses to US Dollar Loses to Yen

Posted: May 23, 2012 at 2:11 pm

If the euro had only advanced against some currency today, we could use the rock-paper-scissors analogy to describe what happened in the currency markets. Alas, the single currency took its ...
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