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Tuesday, January 22, 2008
From Blogging Stocks - view blog entries - visit this blog
January 22, 2008 at 10:27 am ET
Filed under: Economic data, Politics, Presidential electionsFresh from several disappointing early voting contests, Republican presidential candidate Rudy Giuliani announced a plan to cut corporate business taxes from 35% to 25% as a way of stimulating ... (more)

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January 22, 2008 at 10:10 am ET
Filed under: Earnings reports, Industry, Bank of America (BAC), Wachovia Corp (WB)Bank of America (NYSE: BAC) and Wachovia Corp. (NYSE: WB) reported plunging profits this morning. For regional banks National City Corp. (NYSE: NCC) and ... (more)

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January 22, 2008 at 9:55 am ET
Filed under: Earnings reports, Good news, Products and servicesParker Hannifin (NYSE: PH), makers of motion and control technologies, was just awarded $2 billion in contracts to supply fuel and hydraulic systems for the new A350 ... (more)

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January 22, 2008 at 9:45 am ET
Filed under: Major movement, Forecasts, Rants and raves, Politics, Federal ReserveThe Federal Reserve Board and Chairman Bernanke are not done cutting. Last week before departing on holiday I posted Serious Money: 1% drop by Fed ... (more)

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January 22, 2008 at 9:35 am ET
Filed under: International markets, Politics, DJIA, Housing, Federal ReserveAs traders and investors digested the impact of the market's latest sell-off on both assets and investor psychology, Tuesday's jolt is likely to speed the passage of ... (more)

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January 22, 2008 at 9:25 am ET
Filed under: Earnings reportsWhile the profit plunges of Bank of America (NYSE: BAC) and Wachovia Corp. (NYSE: WB) and the loss posted by UAL Corp. (NASDAQ: UAUA) garnered a lot of attention in Tuesday's early ... (more)

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January 22, 2008 at 9:12 am ET
Filed under: Earnings reports, Citigroup Inc. (C), Bank of America (BAC), Merrill Lynch (MER), Countrywide Financial (CFC), Wells Fargo (WFC), Bargain stocks, Stocks to Buy, Federal ReserveSo Wall Street finally got a peak this morning ... (more)

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January 22, 2008 at 9:00 am ET
Filed under: Other issues, Federal Natl Mtge (FNM), Housing, Federal ReserveGiven the U.S. market's 400-point sell-off in its initial minutes of trading, "a Dow close down just 300-points would look like a moral victory" according ... (more)

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January 22, 2008 at 8:47 am ET
Filed under: Analyst reports, Analyst upgrades and downgrades, Good news, Home Depot (HD), Sears Holdings (SHLD), Kohl's Corp (KSS), Nordstrom, Inc (JWN)Analysts at Sanford C. Bernstein today convinced investors that the retail sector is awash ... (more)

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January 22, 2008 at 8:35 am ET
Filed under: Bad news, Rumors, Yahoo! (YHOO), EmployeesYahoo, Inc. (NASDAQ: YHOO) will report its fiscal year come January 29, and along with probably reporting a profitable, but slow-growth year, the company may also announce employee ... (more)

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January 22, 2008 at 8:22 am ET
Filed under: Earnings reports, AT and T (T)AT&T, Inc. (NYSE: T) will report fourth quarter earnings this Thursday, and the largest phone company in the U.S. is expected to report $0.71 per share on revenue ... (more)

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January 22, 2008 at 8:10 am ET
Filed under: Major movement, International markets, Indices, S and P 500, DJIA"In the wake of the worst sell-off since 9/11 for most major European and Asian markets, our Fed finally stopped telling us that the ... (more)

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January 22, 2008 at 7:55 am ET
Filed under: Products and services, Google (GOOG)Google, Inc. (NASDAQ: GOOG) is famous for just giving things away for free. The company is a large part of the information economy and allows anyone on the planet ... (more)

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January 22, 2008 at 7:45 am ET
Filed under: Newspapers, Economic dataWith global markets selling off on fears that President Bush's stimulus package won't be enough to stave off a recession, The Wall Street Journal reports (subscription required) on how Americans might ... (more)

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January 22, 2008 at 7:33 am ET
Filed under: Competitive strategy, Wal-Mart (WMT), RussiaAlthough I touched on this subject last summer, it seems that talk has resurfaced about Wal-Mart Stores, Inc. (NYSE: WMT) probably entering the Russian market soon. That country's economy ... (more)

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January 22, 2008 at 7:20 am ET
Filed under: Earnings reports, Forecasts, Bad news, duPont(E.I.)deNemours (DD)Shares of chemical maker EI DuPont de Nemours & Co. (NYSE: DD) are trading higher this morning despite the fact that the company announced fourth-quarter profit slipped ... (more)

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January 22, 2008 at 7:08 am ET
Filed under: U.S. Steel (X), Options, Technical AnalysisUnited States Steel Corp. (NYSE: X) shares are trading lower this morning as investors fear of a recession appear to be strong despite a surprise rate cut by ... (more)

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January 22, 2008 at 6:55 am ET
Filed under: Home Depot (HD), Market matters, JPMorgan Chase (JPM), Bed Bath and Beyond (BBBY), Merrill Lynch (MER), Sears Holdings (SHLD), Kohl's Corp (KSS), Nordstrom, Inc (JWN), Federal ReserveThe Dow Jones Industrial Average has started ... (more)

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January 22, 2008 at 6:47 am ET
Filed under: Bad news, Competitive strategy, Yahoo! (YHOO), Options, Technical AnalysisYahoo! Inc. (NASDAQ: YHOO) stock is falling this morning after the Wall Street Journal and New York Times both reported that the company is preparing ... (more)

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January 22, 2008 at 6:40 am ET
Filed under: Earnings reports, Forecasts, Apple Inc (AAPL), Dell (DELL), Hewlett-Packard (HPQ)Sales of Macs may have been so strong over the holidays that Apple's (NASDAQ: AAPL) earnings could buck the trend of tough tech company ... (more)

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January 22, 2008 at 6:30 am ET
Filed under: Bad news, Industry, Exxon Mobil (XOM), Options, Technical AnalysisExxon Mobil Corp. (NYSE: XOM) stock is trading lower today as oil futures dipped below $88 a barrel on worries that a declining U.S. economy ... (more)

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January 22, 2008 at 6:25 am ET
Filed under: Short stories, Citigroup Inc. (C), JPMorgan Chase (JPM), American Express (AXP), Merrill Lynch (MER)Although short selling -- the practice of selling borrowed shares with the hope of repaying the loan by buying back ... (more)

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January 22, 2008 at 6:10 am ET
Filed under: Major movement, International markets, Market matters, Economic data, Federal ReserveThe Federal Open Markets Committee (FOMC) made an intra-meeting announcement cutting the Federal Funds Rate Target 75 basis points to 3 ½% and a ... (more)

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January 22, 2008 at 5:55 am ET
Around 1934, Reinhold Niebuhr published the following prayer, now widely-known as the Serenity Prayer: God, give us grace to accept with serenity the things that cannot be changed, courage to change the things that should be ... (more)

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January 22, 2008 at 5:40 am ET
Filed under: Deals, Citigroup Inc. (C), Merrill Lynch (MER)It seems that people don't like the idea of sovereign funds owning big pieces of US banks. According to the FT, "over half of the 1,000 people ... (more)

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