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A View From Cairo: The Case for Investing in Egypt
Tuesday, September 8, 2009 - 12:54pm | 1629Crossing the Kasr el Nil Bridge that spans the Nile in central Cairo at eleven o’clock at night is like walking down 42nd Street in New York at rush hour, only more crowded. Cairo is the real city that never sleeps, and never more so than the current month of Ramadan, when Muslims refrain from...
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Broadcom's (BRCM) Announces New International Cable Set-Top Box
Tuesday, September 8, 2009 - 6:53am | 95Broadcom Corporation (NASDAQ: BRCM), a global leader in semiconductors for wired and wireless communications, announced new single-chip, multi-format high definition set-top box (STB) system-on-a-chip (SoC) solutions that enable manufacturers to develop advanced, high performance and cost effective...
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RMI Corporation Signs Licensing Agreement for DivX Plus (DIVX) HD Certification of Ultra Low-Power Processor Family
Thursday, September 3, 2009 - 7:21am | 108DivX, Inc. (NASDAQ: DIVX), a digital media company, and RMI Corporation, a leading provider of high-performance processors for communications and media, announced a licensing agreement for next-generation DivX Plus(TM) HD Certification. Under the agreement, RMI is granted a license to support DivX...
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Trimble (TRMB) Announces New Fmx Functionality for Agriculture Guidance Applications
Wednesday, September 2, 2009 - 8:09am | 82Trimble (Nasdaq: TRMB) announced the release of New FmX Functionality for extended precision agriculture capabilities, the release of the Trimble(R) AgGPS(R) FmX(TM) integrated display version 2.0. These new capabilities demonstrate Trimble's commitment to developing innovative precision...
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U.S. Auto Sales Increases; Government Incentive Helped Hyundai, Ford
Wednesday, September 2, 2009 - 6:31am | 60U.S. auto sales increased in August as $3B in government incentives resulted in sharp gains for Hyundai Motor Co and Ford Motor Company (NYSE: F). General Motors Company failed to reap the benefit of government incentive.
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America's Car-Mart Inc. (CRMT) Up 13% in late day Trading
Tuesday, September 1, 2009 - 2:58pm | 69On a day where large automakers including Ford (F) and Chrysler reported mixed auto sales results for August, America's Car-Mart (CRMT) is up 14% on a bad tape in late trading. The move comes on news of a 1st quarter earnings increase of 33% to .60/share. Volume was 5.5x normal at 780k shares...
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Citigroup Downgrades Acadia Pharmaceuticals to Sell from Hold
Tuesday, September 1, 2009 - 9:07am | 52Citigroup Downgraded ACADIA Pharmaceuticals Inc.(Nasdaq GM: ACAD). Citigroup has lowered its target on shares to $1.50 from $4.50 and confirms it to Sell after the company reported negative Phase 3 trial results for Pimavanserin in Parkinson's Disease Psychosis
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Citigroup Upgrades Alexion Pharma to Buy from Hold
Tuesday, September 1, 2009 - 9:05am | 40Citigroup upgraded Alexion Pharmaceuticals, Inc.(Nasdaq GM: ALXN). Citigroup has raised its target on shares to $55 from $45 on expectations sales of Soliris to drive better than expected earnings and guidance.
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. Citigroup Upgrades Alexion Pharma to Buy from Hold
Tuesday, September 1, 2009 - 8:39am | 28Alexion Pharmaceuticals, Inc.(Nasdaq GM: ALXN) has been upgraded. Citigroup has raised its target on shares to $55 from $45
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BSST, a Subsidiary of Amerigon (ARGN) to Install Thermoelectric Waste Heat Recovery Generators on BMW Group and Ford Vehicles
Tuesday, September 1, 2009 - 7:05am | 86BSST, a Subsidiary of Amerigon (Nasdaq GM: ARGN) announced the installation of thermoelectric waste heat recovery generators for a Test in BMW Group (NasdaqGS: BMW) and FORD MOTOR CO (NYSE: F) vehicles. This is part of U.S. Department of Energy-funded program to study the use of thermoelectric...
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Abbott (ABT) to Launch Next-Generation XIENCE PRIME(TM) Drug Eluting Stent in International Markets
Monday, August 31, 2009 - 6:21am | 43Abbott (NYSE: ABT) at International Market spread availability of its next-generation XIENCE PRIME(TM) Everolimus Eluting Coronary Stent System for the treatment of coronary artery disease at the European Society of Cardiology Congress.
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"Kennedy" Once Meant Supply-Side Tax Cutter
Sunday, August 30, 2009 - 3:48pm | 300His name was Kennedy. He was the preeminent figure in the Democratic Party. And he was a resolute supply-side tax-cutter. “It is a paradoxical truth,’’ he once told the Economic Club of New York, “that tax rates are too high today and tax revenues are too low and the soundest way to raise the...
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Spending on Lobbying Doubled From 2000 to 2008
Thursday, August 27, 2009 - 8:56am | 320The top chart above shows that spending on lobbying in the U.S. more than doubled between 2000 ($1.56 billion) and 2008 ($3.30 billion), according to the searchable lobbying database of OpenSecrets.org. The bottom chart shows the top 20 organizations that spent the most on lobbying between 1998-...
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Toyota (TM) to make largest auto recall in China
Monday, August 24, 2009 - 10:37am | 40Toyota Motor Corp (NYSE: TM) will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.
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GM deal on Opel still possible: German minister
Saturday, August 22, 2009 - 9:53am | 56General Motors (CVE: GM) succeed to finalize a buyer for its German unit Opel, Germany's Economy Minister Karl-Theodor zu Guttenberg was quoted as saying on Saturday. Despite strong German pressure to back a bid by Magna International, General Motors Co declined to name the Canadian automotive...