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Fast Money Picks For August 26th (TBT, TM, SLV, BRCM, MMR)
Wednesday, August 25, 2010 - 7:13pm | 183CNBC Fast Money's Brian Kelly said on the show that he wants to buy ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT) on Thursday. TBT gained 0.72%, and closed at $30.85. Tim Seymour thinks that Toyota Motor Corporation (ADR) (NYSE: TM) should be bought tomorrow. Toyota Motor Corporation (...
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Ford's Fields Doesn't See Double Dip (F)
Wednesday, August 25, 2010 - 5:24pm | 258Ford's (NYSE: F) North American CEO Mark Fields said he doesn't see a double dip recession, despite the fact that the recent economic news has been bad, reports the Wall Street Journal. Fields said, "at this point, we don't see a double-dip." Fields said that August could be a tough month compared...
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What's Hot on TheStreet
Tuesday, August 24, 2010 - 2:39pm | 338Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 5 Reasons Google Android Has Peaked Chill the champagne, raise the balloons to the rafters and prepare for the upcoming moment when Google (NASDAQ: GOOG) Android phones overtake Research In Motion's (NASDAQ: RIMM...
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How To Play The Bank Of Japan Intervention (FXY, EWJ)
Tuesday, August 24, 2010 - 11:24am | 400It looks like the Bank of Japan may currently be intervening in the currency markets, as the yen/dollar has jumped significantly in the past few minutes and the stock market averages are well off their lows for the day. The ratio is now 84.02/dollar, well above the 83.90 ratio we saw earlier. To...
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Monday Market Movement - All in on Bonds!
Monday, August 23, 2010 - 4:49pm | 1368By Phil of Phil's Stock World Bond funds are attracting cash like stocks during the dot-com boom. That’s the headline this morning on Bloomberg, who says: "The amount of money flowing into bond funds is poised to exceed the cash that went into stock funds during the Internet bubble, stoking concern...
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US Consumer’s Positive Opinions Of Cars Industry Soars
Monday, August 23, 2010 - 7:59am | 277It has been decades since US car companies and their products were viewed as superior to their foreign counterparts, particularly those made by Japanese automakers. Positive ratings of the automobile industry spiked to 39% this year, up from 24% in 2009, a record one-year improvement in Gallup’s...
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Review of the San Francisco Money Show: Recommended Stocks
Saturday, August 21, 2010 - 12:47am | 856I was privileged to give a couple of presentations at the San Francisco Money Show on the stock trading technique of 'buying dividends' during the last couple days, and had a very good turnout and much positive feedback. The show was held at the San Francisco Marriott Marquis Hotel on August 19th...
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Investors to Reduce Ford Holdings to Buy GM? (F)
Friday, August 20, 2010 - 6:51pm | 159Ford (NYSE: F) Executive Chairman Bill Ford said Friday that some large investors and mutual funds may decrease their holdings in Ford and invest in rival General Motors when it goes public again this fall. “To the extent that we have been the only automaker available in the sector, I am sure that...
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Zacks Analyst Blog Highlights: Walgreen, CVS Caremark, Tata Motors, Ford Motor and GameStop - Press Releases
Friday, August 20, 2010 - 11:25am | 1240For Immediate Release Chicago, IL – August 20, 2010 – Zacks.com Analyst Blog features: Walgreen (WAG), CVS Caremark (CVS), Tata Motors Ltd. (TTM), Ford Motor Co. (F) and GameStop Corporation (GME ). Here are highlights from Thursday’s Analyst Blog: Walgreen Downgraded We have downgraded Walgreen...
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Japanese Will Have To Move More Manufacturing To America
Friday, August 20, 2010 - 9:48am | 85Bloomberg recently pointed out that Honda Motor (NYSE: HMC) has a profit advantage over many of its Japanese manufacturing peers because it decided to build products in the United States more than two decades ago. The price of the yen, which seems to get worse for Japanese exporters every day makes...
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Tata Motors to Raise $700M - Analyst Blog
Thursday, August 19, 2010 - 3:34pm | 498News has leaked that Indian auto giant, Tata Motors Ltd. (TTM), will raise $700 million by selling shares with differential voting rights. The automaker intends to utilize the funds to repay debt and expand its operations. In June, the company’s board sought shareholders’ approval to raise...
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I Haven't Heard A Single Bullish Idea On The GM IPO, And Maybe That's A Good Thing (GM)
Thursday, August 19, 2010 - 11:45am | 369Aaron Task interviewed James Altucher regarding the General Motors initial public offering (IPO), and Altucher went to say that this is a political event, and to stay far away. During the interview, Altucher said, "But it's zero interest to me. In terms of just mental energy I wouldn't spend it...
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General Motors (GM) Returns to Market (Don’t Get Lost in the Pink Sheets!)
Thursday, August 19, 2010 - 11:12am | 2024MTLQQ – “Motors Liquidation Company” – is the somewhat cumbersome ticker symbol for the entity that was set up to liquidate General Motors’ assets in bankruptcy. It is in no way shape or form connected to the “new GM” that will begin trading later this year. According to Reuters, this new GM will...
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Treasury Department Agrees to Be Named as a Selling Shareholder in GM’s Registration Statement for Its IPO
Wednesday, August 18, 2010 - 4:56pm | 107The U.S. Department of the Treasury today announced that it has agreed to be named as a selling shareholder of common stock in General Motors Company's (GM) registration statement on Form S-1 filed with the Securities and Exchange Commission for a proposed initial public offering. Treasury will...
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Autoliv Hikes Dividend - Analyst Blog
Wednesday, August 18, 2010 - 3:37pm | 507Autoliv Inc. (ALV) raised its quarterly dividend payment by 17% to 35 cents per share for the fourth quarter. The increased dividend will be paid on Dec 9, 2010 to shareholders of record as of Nov 4, 2010. The company suspended its dividend payment since the third quarter of last year in the...