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Taxes And Credits Will Never Make Electric Vehicles Profitable, But Something...
Despite years of government support of electric vehicles, not much ground has been gained. Simply put, EV technology is not good enough yet: The best developed electric cars have a range of about 100...
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Yahoo Will Spend $62 Million On Its COO (YHOO)
As Yahoo's CEO, Marissa Mayer is spending a massive amount to pry her former colleague, Henrique de Castro, away from Google and install him as COO. According to our reading of de Castro's employment...
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Joe Biden's Theory About The Great Recession Just Doesn't Make Sense
This is really embarrassing. Joe Biden at last night’s vice presidential debate: And, by the way, they talk about this Great Recession if it fell out of the sky, like, “Oh, my goodness, where did it...
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MAULDIN: We're Headed For An Economic Black Hole
"Concern about politics and the processes of international co-operation is warranted but the best one can hope for from politics in any country is that it will drive rational responses to serious...
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Everyone's Noticing The Biggest Dichotomy In The US Economy
This is something that we've written about a lot, and now we're seeing it in Dan Greenhaus of BTIG's nightly note: On a side note regarding today’s better than expected retail report, an interesting...
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Dylan Grice Predicts An Australian Recession In 2013
Societe Generale's Dylan Grice is is sticking to his statement that Australia is "a credit bubble built on a commodity market built on an even bigger Chinese credit bubble." Here he explains why he is...
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Markets Are On A Major Tear
BIG rally happening in Europe, especially in Spain where the benchmark IBEX 35 index is up 1.3%. Elsewhere the gains are a tad cooler. Italy is rallying 0.6%. Germany is up 0.6% as well. The move comes...
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In The Last Few Days, There's Been A Positive Shift In How People Are Talking...
A surprising chart here from Morgan Stanley, which somewhat flies in the face of the idea that Chinese demand for industrial commodities is collapsing. The reason? Total copper product imports improved...
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Everyone's Talking About How The Stock Market Bounced Off This Blue Line
The S&P 500 has surged after touching its 50-day moving average, a line that technical analysts like to talk about as being significant, and which is represented in the blue line below. The legend...
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Germany's Finance Minister Is Pushing Ahead With A Radical Plan To Reform The...
The stereotype about the Germans in this crisis is that they've been reluctant to embrace a fiscal union for Europe. Actually it's kind of the opposite. They've been pretty consistent in their...
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The Comeback In Housing Should Mean A Further Fall In The Unemployment Rate
Early this year when I wrote The Housing Bottom is Here and Housing: The Two Bottoms, I pointed out there are usually two bottoms for housing: the first for new home sales, housing starts and...
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More Proof That Bush, Paulson, Geithner, Bernanke, And Obama NAILED It In...
Carmen Reinhart and Kenneth Rogoff, who wrote the book on the most recent financial crisis – “This Time is Different” – released a white paper Sunday reviewing the economy since the financial crisis....
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French Business Erupts In Fury Against 'Disastrous' Hollande
France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned. “The situation is very serious....
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Meet The Most Feared Statistician In Europe
LUXEMBOURG (Reuters) - Walter Radermacher wanted to be invisible, and working in his unremarkable office above a suburban shopping center in Luxembourg, the European Union's statistics chief nearly...
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Coca-Cola Earnings Come Right In Line With Expectations (KO)
Coca-Cola's Q3 earnings just came out and it was 51 cents per share. This was right in line with expectations. Click Here For LIVE Updates > This is down 2 percent from a year ago. Global volume...
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10 Things You Need To Know Before The Opening Bell (GS, KO, JNJ)
Good morning. Here's what you need to know. In overnight trading, the Nikkei was up 1.4 percent while the Shanghai Composite was flat. European markets are higher across the board with Spain leading,...
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LIVE: MASSIVE EARNINGS BEAT FOR GOLDMAN SACHS (GS)
They're out! Earnings: $2.85Revenue: $8.35 billionEPS: $2.85 Analysts expected earnings of $2.12 on revenue of $7.3 billion. Also, an earnings per share of $2.28. As always, any commentary about...
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Johnson & Johnson Beats Expectations Thanks To Listerine And Neutrogena (JNJ)
Johnson & Johnson posted Q3 earnings of $1.25 per share, ahead of analysts' expectations of $1.22. JNJ also reported revenues of $17.05 billion versus estimates of $16.97 billion. "Positive...
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UPDATE: Here's The Spain Story That's Causing The Market To Surge
Markets are on a big tear with Spain leading the way, so it's easy to surmise that enthusiasm over a possible Spain bailout is what's got investors excited. And there's an article to support exactly...
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VIKRAM PANDIT RESIGNS AS CITI CEO
Shock news: Vikram Pandit is resigning as CEO of Citi. President and COO John P. Havens has also resigned from his post. Michael Corbat, a veteran CEO of the Middle East, Europe and Africa, will take...
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