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Rare Element Resources Falls 7.1% Over Future Demand Concerns (REE, TM)
Friday, January 14, 2011 - 5:33pm | 147Shares of Rare Element Resources Ltd (AMEX: REE) ended the Friday trading session down 7.1% at $13.40 per share. Rare earth stocks took a hit after it was reported by Bloomberg that Toyota Motor Corporation (NYSE: TM) was looking to build hybrid vehicles without the use of rare earths metals, due...
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Core CPI Still Tame - Analyst Blog
Friday, January 14, 2011 - 4:01pm | 2374The Consumer Price Index (CPI) rose by 0.5% in December, a sharp rise from the 0.1% increase in November, and the 0.2% rise October. While that sounds bad, year over year it is up just 1.5%. Looking a little bit deeper, the problem is mostly with energy prices, which surged 4.6% a very sharp...
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Core CPI Still Tame - Analyst Blog
Friday, January 14, 2011 - 3:49pm | 2374The Consumer Price Index (CPI) rose by 0.5% in December, a sharp rise from the 0.1% increase in November, and the 0.2% rise October. While that sounds bad, year over year it is up just 1.5%. Looking a little bit deeper, the problem is mostly with energy prices, which surged 4.6% a very sharp...
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More Details On AIG IPO (AIG)
Friday, January 14, 2011 - 1:12pm | 179CNBC's Kate Kelly is providing more detail on the AIG (NYSE: AIG) IPO. Kelly is saying that the potential sale stake by the U.S. Treasury could be in the $20-$25 billion dollar range. The mandate to award being the lead underwriter for the IPO is expected to be announced sometime next week. It's...
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Two Trading Strategies in Wal-Mart Stores (WMT)
Friday, January 14, 2011 - 10:10am | 1942Watch for falling stock prices? Goldman Sachs recently expressed bearish sentiment on Wal-Mart Stores (NYSE:WMT), downgrading shares of the retailer to neutral from buy. Reasons for the downgrade included inflationary risks in the food and apparel sectors, which could limit margin upside. Goldman...
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A Peek Into The Market Before The Trading Starts
Friday, January 14, 2011 - 8:49am | 549Pre-open movers US stock futures are lower this morning, as investors are awaiting several economic reports. Intel Corp (NASDAQ: INTC) posted upbeat quarterly earnings. China again lifted its reserve-requirement ratio for banks. Futures on the Dow Jones Industrial Average dropped 53 points to 11,...
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GM Completes Contribution of 60.6 Million Shares of GM Stock to Its U.S. Pension Plans
Friday, January 14, 2011 - 8:35am | 80General Motors Company (NYSE: GM) today confirmed it has completed the previously announced voluntary contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans, valued at approximately $2 billion. There were 40.4 million shares contributed to the hourly...
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Finding Parking for Capital 01-13-2011
Thursday, January 13, 2011 - 8:07pm | 925Cusick's Corner There has been a lot of discussion this week concerning where bond investors are parking their capital that they have been taking out of the fixed income market. These bond investors are yield hounds and with stocks on the move, this is leaving their cash returns in the dust. So...
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Can You Ride the Rails Higher? - Investment Ideas
Thursday, January 13, 2011 - 7:31pm | 998As we blast into 2011, the global economy continues to show signs of strength. That may fly in the face of the never ending stream of negativity from the media, but a closer look reveals a clear trend higher. At the very top, GDP in both developed and emerging markets has been on the upswing for...
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Zings Of The Day (NWSA, GM)
Thursday, January 13, 2011 - 5:22pm | 118The U.S. taxpayer is not likely to recoup all of their investment on the General Motors (NYSE: GM) bailout. Does this mean if we don't get paid in full, we all get brand new Cadillac CTS's? I'll do that deal. News Corp. (NASDAQ: NWSA) is trying to figure out what to do with MySpace, the once and...
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Large Block of Calls Bought on Ford (F)
Thursday, January 13, 2011 - 1:55pm | 130Shares of Ford Motor Company (NYSE: F) are higher on the session by 0.80%, currently trading at $18.86. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Shares hit a fresh 52-week high this morning, touching $...
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Benzinga's Political Roundup (AIG, GM)
Thursday, January 13, 2011 - 1:06pm | 144U.S. taxpayers are not likely to recover all of the money put into the General Motors (NYSE: GM) bailout, according to a panel. The Federal Reserve released its Beige Book yesterday, and the book showed modest expansion in most of the country. Banks are meeting today in Washington to discuss AIG's...
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It's Ok To Add a Little Housing Exposure
Thursday, January 13, 2011 - 11:01am | 748Let me ask a simple question. Would you like to buy into one of the biggest sectors of the U.S. economy at 20 year lows? I would. Housing typically contributes well in excess of 10 percent of U.S. total production, and home equity tends to be the largest part of a...
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It's Ok To Add a Little Housing Exposure
Thursday, January 13, 2011 - 11:01am | 748Let me ask a simple question. Would you like to buy into one of the biggest sectors of the U.S. economy at 20 year lows? I would. Housing typically contributes well in excess of 10 percent of U.S. total production, and home equity tends to be the largest part of a...
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Time To Look At Toyota? (TM)
Thursday, January 13, 2011 - 10:02am | 259Toyota Motors (NYSE: TM) is going to move into hydrogen powered cars by 2015 or less, as it seeks to expand the alternative energy car market. Maybe it's time to start to looking at shares of the Japanese automaker on this news. The major issue has been cost to the consumer, according to Takeshi...