Archive for January, 2010
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GDP +5.7%
Eddy, January 29th, 2010 at 6:02 pmGood news! Real Q4 GDP growth came in at 5.7%. That’s the best growth in over six years. This probably means that the recession is [...]
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Bin Laden Comes Out Against Dollar
Eddy, January 29th, 2010 at 1:21 pmAnd he’s reading Noam Chomsky: He called for a worldwide boycott of American goods and the dollar. He faulted the United States for failing to [...]
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Ben Bernanke Wins
Eddy, January 28th, 2010 at 3:45 pmBen gets another term. The cloture vote was 77-23 and the confirmation vote was 70-30. In the cloture vote, Democrats voted 53 to 5, and [...]
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Lily's Earnings
Eddy, January 28th, 2010 at 2:34 pmThe earnings parade continues. Eli Lilly (LLY) just reported Q4 earnings of 91 cents a share which was a penny below expectations although revenues exceeded [...]
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Lily’s Earnings
Eddy, January 28th, 2010 at 2:34 pmThe earnings parade continues. Eli Lilly (LLY) just reported Q4 earnings of 91 cents a share which was a penny below expectations although revenues exceeded [...]
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The Global Business Oath
Eddy, January 28th, 2010 at 2:03 pmFelix Salmon is in Davos and he points us to something that truly cannot be parodied, the Global Business Oath: As a business leader I [...]
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Baxter Reports In Line
Eddy, January 28th, 2010 at 12:20 pmFor the first time in 20 quarters, Baxter International (BAX) failed to beat expectations: Baxter International reported a 1 percent profit increase for the fourth-quarter [...]
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College Endowments Got Hammered Last Year
Eddy, January 28th, 2010 at 12:11 pmThe New York Times reports that the average college endowment lost 18.7% last fiscal year which is the worst showing since the Great Depression. The [...]
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Still At Zero
Eddy, January 27th, 2010 at 4:45 pmHere’s the latest Fed statement: Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and [...]
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Gilead Sciences Leads Our Buy List Higher
Eddy, January 27th, 2010 at 10:38 amThe market is somewhat soggy this morning, but our Buy List is being helped by a very strong earnings report from Gilead Sciences (GILD). For [...]
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Investing By Day of the Month
Eddy, January 26th, 2010 at 10:12 pmHere’s a breakdown of how well the stock market has performed during the first 10 trading days of the month. Each line is based on [...]
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J&J's Earnings Beat the Street
Eddy, January 26th, 2010 at 11:31 amJohnson & Johnson (JNJ) reported fourth-quarter earnings of $1.02 a share which was five cents higher than Street forecasts. Fourth-quarter sales rose 9% to $16.55 [...]
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J&J’s Earnings Beat the Street
Eddy, January 26th, 2010 at 11:31 amJohnson & Johnson (JNJ) reported fourth-quarter earnings of $1.02 a share which was five cents higher than Street forecasts. Fourth-quarter sales rose 9% to $16.55 [...]
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Odd Lots
Eddy, January 25th, 2010 at 3:38 pmSEC mulled national security status for AIG details Abnormal Returns & Stocktwits!! Home sales tumble as tax credit lift wanes Feinstein throws her support behind [...]
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About That Plunging Dollar
Eddy, January 25th, 2010 at 2:52 pmI hear all the time about the plunging dollar, but if it has plunged, I’m afraid I missed it. You’d never know this by listening [...]
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AXA to Delist from NYSE
Eddy, January 25th, 2010 at 10:55 amThe French insurance company, AXA (AXA) has announced that it will delist from the NYSE due to lacking of trading volume. This strikes me as [...]
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Should You Listen to Your Broker?
Eddy, January 25th, 2010 at 10:34 amNew research shows that you should pay careful attention to what your stock broker says. Then do the exact opposite. It turns out, there is [...]
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Four More Years
Eddy, January 25th, 2010 at 10:28 amThe stock market is rebounding this morning and the news that it appears that Ben Bernanke will be confirmed for another term as Fed chair, [...]
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What's Down the Most?
Eddy, January 23rd, 2010 at 10:16 pmThe S&P 100 is down -5.25% since Tuesday. Here’s a look at how the 100 stocks have performed.
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What’s Down the Most?
Eddy, January 23rd, 2010 at 10:16 pmThe S&P 100 is down -5.25% since Tuesday. Here’s a look at how the 100 stocks have performed.
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