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These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Raised to Outperform at Leerink Swann. AON...
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There have been plenty of stories in the past few weeks about the $2 trillion in cash that US corporations are sitting on. The money is not being invested in hiring or plant expansion, and it’s not...
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Reuters: The panel that will give advice to Obama about the deficit met but experts were concerned that it will offer few concrete answers. Reuters: The House may approve a bill aimed that...
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The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and...
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Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade...
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ABC News President David Westin, who has served as the head of the Walt Disney Co. (NYSE:DIS) for 13 years, is calling it a career at the end of the year. Finding a replacement is not going to...
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Reuters: BP plc (NYSE: BP) will try to “kill” its well leak by today. Reuters: The Fed may buy new mortgage bonds to help the credit system Reuters: The US said the United Arab...
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Updated throughout the day. Video site Hulu is in talks to carry content from CBS Corp. (NYSE: CBS), Viacom Inc. (NYSE: VIA), and Time Warner Inc. (NYSE: TWX). Lloyd Blankfein of Goldman Sachs Group...
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Media companies and investors are treating the broadcast television businesses as if they had the plague. There are rumors that Walt Disney Co. (NYSE: DIS) wants to dump ABC and that General Electric...
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The official retirement age for executives at many large U.S. corporations has been 65 for several decades – unless the executive also happens to be the founder. Forty years ago, 65 was...
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The broadcast TV networks’ dog-and-pony show known as the “upfront market” has gotten off to a good start this year. Advertisers get to see the coming season’s new TV shows and then mull over...
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Updated throughout the day. CBS (NYSE: CBS) and Disney’s (NYSE: DIS) ABC may be sold (NYPost). Barclay’s (NYSE: BCS) Private Equity may be spun out. (Reuters) John Hyman, formerly of Morgan...
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Reuters: The Senate was not able to reach consensus on the financial reform bill. Reuters: Heavy oil from the BP plc (NYSE: BP) rig came ashore in Louisiana. Reuters: Trading systems...
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Reuters: Calm water is helping manage the Gulf oil spill. Reuters: April retail sales should be up in a sign of consumer recovery. Reuters: The US is questioning Johnson & Johnson’s...
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Reuters: Google Inc.’s (NASDAQ: GOOG) password operation was hit by cyberattacks. Reuters: A leading political party in Germany is urging that the nation not deal with Goldman Sachs Group...
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