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Art Cashin On Yesterday's Freakishly Low Stock Market Volume
For those who are interested or concerned about the ever-lower market stock market volume, here's an interesting observation from UBS floor guy Art Cashin. Apparently yesterday was weird and low...
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Comps Surge At McDonald's As European Consumers Trade Down (MCD)
OAK BROOK, Illinois (AP) — McDonald's Corp. said Wednesday that a key revenue figure climbed 6.7 percent in January as U.S. customers spent more on breakfast items, beverages and its new Chicken...
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SAM ZELL: Government Intervention Has Actually Hurt The Housing Recovery
This post originally appeared at CNBC. Government intervention has prevented the real estate market from healing, with the commercial sector hit especially hard, investor Sam Zell said. "Rather than...
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DEUTSCHE BANK: Here Are The Positives And Negatives In The Banking Industry
Matt O'Connor, Barclays' US Large Cap Banks analyst, is out with a new note that aims to present a big picture for medium and long-term investors in the industry. He outlines the positives and risks...
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The Big Beer Companies Are Moving In To Claim The Ripe US Hard Cider Market
With beer sales stuttering, two of the industry's major players are looking to corner the market of another alcoholic beverage -- hard cider. MillerCoors -- which sells beers ranging from Coors Lite...
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Housing Prices: Something's Gotta Give
With Bill McBride a/k/a Calculated Risk calling for a nominal price bottom for housing in March, it appears worthwhile to update my chart of asking prices from Housing Tracker. Back in June when I...
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HOMEBUILDERS: 98 US Housing Markets Are Gaining Momentum
Housing bulls got another reason to sharpen their horns today as the National Associational of Home Builders added 29 metros to its list of housing markets showing improvement The index identifies...
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10 Countries That Rule The World Of Wind Energy
This post originally appeared at 24/7 Wall St. The biggest producers of wind power are racing to add capacity to meet growing energy demands. Last year alone, the world’s wind energy capacity...
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Here's The REAL Reason So Many Old Men Freak Out About Inflation
Binyamin Appelbaum at The New York Times reports on a depressing exchange between some Senators and Ben Bernanke from a recent hearing (via Ryan Avent). Senate Republicans on Tuesday, like their...
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6 TOP ECONOMISTS ANSWER: Is China Heading Toward A Hard Landing?
China's economy grew 8.9% last quarter, the slowest pace in 2.5 years. And worries of a Chinese hard landing, defined as a sharp and sudden deceleration in growth, gained momentum last year. However,...
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Why Our Currency Will Fail
The idea that the very same economic forces that are currently plaguing Greece, et al., are somehow not relevant to the United States' circumstances does not hold water. As goes the rest of the...
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RBC: The Risk Of A Stock Market Correction Is High, But Any Decline Should Be...
Myles Zyblock, the Chief Institutional Strategist for RBC Capital Markets, warns that stocks could soon sell off. He notes that RBC's economic surprise index (similar to Citi's Economic Surprise...
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Debunking The Myth That America Has 100 Years Of Natural Gas Supply (CHK)
[This post by aeberman is republished with permission fromThe Oil Drum.] On January 23, 2012, Chesapeake Energy announced that it would curtail drilling in shale gas plays in the United States....
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A Notable Omission From Bernanke's Testimony To The House
Bernanke’s testimony to the House last week and to the Senate yesterday held no surprises. Ben has promised to maintain monetary policy at DEFCON 4 levels for as far into the future as we can see. The...
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Caesars Stock Explodes Higher On Its First Day Of Trading (CZR)
NEW YORK (AP) — Shares of casino operator Caesars Entertainment Corp. jumped 33 percent Wednesday in its first day of trading on the Nasdaq. The company's stock rose $2.97, or 33 percent, to $11.97 in...
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FINALLY: A Draft Of The Greek Agreement With The Troika Is Out
Bloomberg obtained a copy of the draft agreement Greece has negotiated with the International Monetary Fund, European Union, and European Central Bank. As far as we can tell, this so-called troika won...
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The Truth About Expanding Consumer Credit
What to do? This is not as an innocuous question as one might think. For most American families, who have to balance their living standards to their income, face this conundrum each and every month....
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LIVE: Groupon's First Ever Earnings! (GRPN)
Groupon's earnings are going to be out in a few minutes and as soon as they hit we'll have the numbers filled in here. Click here for the latest. What are we looking for? Below is a preview of the...
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The Big Winners And Losers In Markets Today (CSC, CERN, RL, HIG, WU, CBG)
Markets have barely moved today, with the S&P 500 up by less than two points, but there are still some clear winners and losers. Movement was driven by early earnings reports as stocks had little...
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STOCKS RISE AGAIN, GREECE CLOSER TO A DEAL: Here's What You Need To Know...
So, it looks like Greece made some progress in its negotiations with eurozone leaders. Meanwhile, stocks continue to inch higher. First, the scoreboard: Dow: 12,890.4, +6.5, +0.0%S&P 500:...
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