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Shares of Vonage (VG) decreased from their peak price of the day yesterday as investors raised concerns about the company’s rapid stock valuation increase. Vonage traded as high as $2.63 before...
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Reuters: Derivatives traders dipped into $4 trillion in client collateral. Reuters: Home sales and durable orders improved. Reuters: The US softened its stance on private equity deals to...
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These are ten of the top pre-market analyst upgrades, downgrades, and initiation calls we have seen from Wall Street early this Wednesday morning with close to two hours until the market opens:...
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American internet speeds are slow, very slow by international standards. That may be one of the reasons that the $787 billion economic stimulus package has a large financial commitment to building...
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Reuters: Political battles are likely to make this a tough year for the Fed. Reuters: The head of Toyota (TM) warned of two more tough years. Reuters: Lawmakers accused Fed of a cover-up...
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Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export policies against a WTO complaint. Reuters: ...
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Palm (PALM) may not have had much of a choice in terms of which cellular company was going to market its new Pre. AT&T (T) and Verizon Wireless (VZ)(VOD) were probably not interested. Palm’s...
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Cisco (CSCO) expected a staggering increase in IP traffic between now and 2013. A new report from the router company says that global IP traffic will quintuple in the five years ending in 2013. The...
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Billionaire and activist investor Carl Icahn has made some large changes to his portfolio holdings. He and Icahn Capital, L.P. have not been immune to the market sell-off as you have seen in his...
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According to Reuters, Congress is ready to pass the stimulus package. Reuters reports that Chinalco is putting $17.5 billion into Rio TInto (RTP). Reuters reports that Wall St. CEOs were attacked by...
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According to Reuters, Congress and The White House are working on the final stimulus package. Reuters reports that Wall St CEOs will defend their use of bailout money before Congress. Reuters reports...
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These are some of the many pre-market downgrades and negative calls we have seen from Wall Street analysts this Friday morning:Allstate (ALL) Cut to Underweight at JPMorgan.AstraZeneca (AZN) Cut to...
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According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM (GM) has gotten...
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Clearwire Corporation (NASDAQ:CLWR) will be trading with the "CLWRD" ticker for the first 20 trading days. While many ticker changes are not good, this one is. Clearwire and Sprint Nextel...
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We have been tracking the developments in corporate bond spreads and the lack of liquidity for new capital. Over the last ten days or so we have witnessed several corporate bond offerings of size...
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