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The Truth Behind The Rate Cuts

Posted by jimmy213 on November 2nd, 2007

Do you get the feeling that FOMC Chairman Ben Bernanke is lowering interest rates more because that is what the markets want, and less because it is actually helping the problems we have in the housing and credit markets? The debate has long been whether or not the mortgage crisis will be contained or spread into the rest of the economy.

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Mining Blogs for Financial Information

Posted by jimmy213 on November 2nd, 2007

A profile for investment banker Roger Ehrenberg, President of Monitor110, which uses feeds and search algorithms to scrape financial information from millions of blogs and present it to users. With $20 million in funding and a hot concept, Monitor110 is poised on the cusp of a revolution.

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SuccessFactors IPO, $8 - $10

Posted by jimmy213 on November 2nd, 2007

SuccessFactors registered its initial public offering of 10.8 million shares at an estimated price of $8 to $10 per share.

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13 Extremely Oversold Consumer Stocks

Posted by jimmy213 on October 23rd, 2007

Alan Brochstein of Analyst for Hire created a screen using StockVal.com of stocks he thinks are over-sold. In the screen he used the following parameters: current prices above 5, market capitalizations in excess of $100mm, PE below 20, Price/Book below 3 and Total Debt to Capital below 20%.

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Caterpillar 3Q Up, Outlook Down

Posted by jimmy213 on October 19th, 2007

Caterpillar, one of the world's largest construction equipment makers, said Friday its third-quarter earnings rose 21% but the company lowered its outlook for the year.

Caterpillar earned $1.40 per share from $11.44 billion, analysts were expecting a profit of $1.43 per share on revenue of $11.19 billion.

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Charles Schwab 3Q Profit Climbs on Gain

Posted by jimmy213 on October 15th, 2007

Charles Schwab said income from continuing operations rose to $323 million, or 27 cents a share, from $230 million, or 18 cents a share the previous year. These results exclude the impact of U.S. Trust, the private-banking business that Bank of America agreed to buy last year resulting in a $1.2 billion after-tax gain. The transaction was completed this summer.

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Roca mines ready to ROK

Posted by jimmy213 on October 15th, 2007

Yes, it would seem the stars are aligning for Roca’s Max molybdenum mine. The Max molybdenum mine, located 60 km south Of Revelstoke B.C., will be Canada’s first new molybdenum mine. Roca’s competitors are jostling to get in on this recent “moly mania”, but the commissioning of new mines is a capital and time intensive venture.

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