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Only Five Percent on Stocks? Pimco's Bill Gross Overdoes the Gloom
Following his insightful and profitable predictions on the mess in the U.S. mortgage market, bond manager Bill Gross is trying to sour investors on the stock market. The founder of the giant bond firm Pimco expects stocks to return no more than five percent for the intermediate term, as Americans...
Sanofi CEO Viehbacher Wants More Cuts; Drug Reps' Necks on the Block
Sanofi-Aventis's Q4 earnings call tomorrow could set the stage for a dramatic few days at the company, according to Bloomberg, as CEO Chris Viehbacher told analysts and his staff that Sanofi needs to cut operating costs and possibly buy a small or midsize firm. Viehbacher wants to get $1.3 billion...
Stocks on the move: Appache, McGraw-Hill, UAL
By Elizabeth Stanton Bloomberg News The following companies are having unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 8:55 a.m. Oil and natural-gas exploration and production companies in the Standard & Poor's 500 Index...
Stocks on the move: Ambac, GM, Sun Microsystems
By Katherine Greene Bloomberg News The following companies are having unusual price changes in U.S. trading. Stock symbols are in parentheses, and share prices are as of 7:51 a.m. Akamai Technologies Inc. AKAM US added the most since July 16, climbing 2.4 percent to...
Key messages today: GDP and Fed rate
In two key economic events today, the Commerce Department will report the nation's economic pulse when it estimates the fourth-quarter gross domestic product, and the Federal Reserve will set a new target for the federal funds rate. Investors have been expecting the Fed to cut rates half of a percentage...
Fluffy Fox Business Network presents mostly sappy, happy news
Fox Business Network takes fluff to a whole new level, even by the standards of cable news. Watch the channel's "Happy Hour" show and get business tips from Chip Davis, of the band Mannheim Steamroller, from a bar in New York City's Waldorf-Astoria hotel. Or listen as "America's...
Business news in brief
IN THE REGION NutriSystem stock falls 8.2%, biggest drop since Feb. Shares of NutriSystem Inc. fell 8.2 percent, the biggest drop in 10 months, apparently because investors feared that growth in traffic on the Horsham weight-management company's Web site was slowing. The company said November traffic rose 36 percent to...
Warren Buffett Is Buying Utility Stocks. Award-Winning Author and Bloomberg News Columnist Offers Insight as to Why in His New Book, "The Merchant of Power"
Why is Warren Buffett buying utility stocks ? Because "that's where the cash is," says award-winning author and Bloomberg News columnist John Wasik . Wasik's new book, "The Merchant of Power" (Palgrave, 2006), offers insight into the fascinating and evolving history of electrical-generating companies. Acclaimed by...
OTC Traders Get a Data Service to Call Their Own
The hour-and-a-half before the over-the-counter market opens is a busy time for dealers. They're trading. They're quoting. They're preparing for what is typically the busiest trading period of the day. Until recently, though, market makers of Bulletin Board and Pink Sheets stocks didn't have a market data service that gathered...
AdWatch.(market research)(Brief Article)
Byline: Bradley Johnson Turnsignals Since it revealed botched accounting in Aug. 2002, Interpublic Group has restated, revised and tweaked its numbers. Two big hits: Dec. 2002's $181.3 million in pre-tax charges for 1997-2001; last month's $550 million restatement for 2000-2004. How...
Industry Transcripts by Seeking Alpha
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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Gray Television, Inc. Q3 2009 Earnings Call Transcript
on Nov 09, 2009about GTN
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