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Archive for November 4th, 2009


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Personal bankruptcies skyrocket 9% in October

Wednesday, November 4th, 2009

Filed under: Forecasts , Bad news , Consumer experience , Money and Finance Today , Economic data , Personal finance , Housing , Financial Crisis The National Bankruptcy Research Center reported that there were 135,914 bankruptcies in October , up 9%. One third of the bankruptcies were filed under Chapter 13. Chapter 13 requires that the court set up a five year repayment plan for debts owed.

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Personal bankruptcies skyrocket 9% in October

Cisco posts strong Q1 earnings

Wednesday, November 4th, 2009

Filed under: Earnings reports , Forecasts , Good news , Cisco Systems (CSCO) , Market matters , Technology , Recession Following today’s market close, technology giant Cisco Systems (NASDAQ: CSCO ) had its chance to impress Wall Street with its fiscal first quarter results , and the company did not disappoint. Going into this afternoon’s earnings report, analysts had been expecting to see the company show earnings of 31 cents per share, but the company surprised to the upside by posting actual earnings of 36 cents per share for its fiscal first quarter.

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Cisco posts strong Q1 earnings

3M is in an uptrend

Wednesday, November 4th, 2009

Filed under: 3M Corporation (MMM) , Stocks to Buy I’m reiterating my Buy rating for 3M Co . (NYSE: MMM ), first recommended on April 20, 2009 at a price of $51.97. If you bought 3M in April, you’re up an impressive 46%.

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3M is in an uptrend

Microsoft cuts software as a service prices to match Google Apps

Wednesday, November 4th, 2009

Filed under: Competitive strategy , Google (GOOG) , Microsoft (MSFT) Google Inc.’s (NASDAQ: GOOG ) Google Apps project has gained steam (and customers) since its introduction a few years ago. Although it’s not yet a true competitor to Microsoft Corporation ’s (NASDAQ: MSFT ) Office juggernaut, it is making headway. Continue reading Microsoft cuts software as a service prices to match Google Apps Microsoft cuts software as a service prices to match Google Apps originally appeared on BloggingStocks on Wed, 04 Nov 2009 17:30:00 EST

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Microsoft cuts software as a service prices to match Google Apps

Under the radar: Saudi oil exports to U.S. fall to 22-year low

Wednesday, November 4th, 2009

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Filed under: International markets , Russia , Mexico , Canada , Oil Under the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip ‘under the radar.’ Case in point: Saudi Arabia’s oil exports to the United States have fallen to a 22-year low, at 745,000 barrels per day (bpd) in August, the latest month for which data is available, from 1.14 million bpd in July, according to data compiled by the U.S

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Under the radar: Saudi oil exports to U.S. fall to 22-year low

AutoZone: Hold shares

Wednesday, November 4th, 2009

Filed under: AutoZone Inc (AZO) AutoZone Inc.’s stock (NYSE: AZO ) remains a bit of an enigma, hence for now, I’m placing a Hold on the company’s shares, first recommended on March 39, 2009 at a price of $163.40. Auto parts chain AutoZone’s forecast revenue growth for FY2010 of 4-6% is sufficient following a 4.5% gain in FY2009, including a 5.4% increase in same store sales in Q4

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AutoZone: Hold shares

Analyst upgrades, downgrades and initiations: BKC, BDK, BNI, DEO, GAME, VIA, YUM …

Wednesday, November 4th, 2009

Filed under: Analyst reports , Analyst upgrades and downgrades , Berkshire Hathaway (BRK.A) , Analyst initiations Analyst upgrades: Oppenheimer upgraded Viacom (NYSE: VIA , VIA.B ) to Outperform from Perform following the better-than-expected Q3 results to reflect an improving outlook for all the company’s segments. The firm raised its target on shares to $36. Deutsche Bank upgraded C.R.

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Analyst upgrades, downgrades and initiations: BKC, BDK, BNI, DEO, GAME, VIA, YUM …


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