Daily Archives: 2008/12/02

Cramer’s ‘Mad Money’ Recap: This Market Plunge Is Different (TheStreet.com)

2008/12/02
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Cramer said the federal government has made the right moves to stabilize the markets. More: continued here

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Asian Stocks Tumble; Nikkei Falls 6.4% (TheStreet.com)

2008/12/02
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Asian stocks declined Tuesday, with the market in Japan tumbling more than 6%, after Wall Street closed with big losses after traders learned the U.S. has been in a recession since December 2007. More: continued here

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Boeing Union Ratifies Contracts (TheStreet.com)

2008/12/02
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Boeing engineers and technical workers voted to ratify new contracts, ensuring four years of labor peace at the company’s commercial airplane operations. More: continued here

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Intel, Hitachi to Develop Solid-State Drives (TheStreet.com)

2008/12/02
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The first products from the collaboration are expected to be available in early 2010. More: continued here

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Taiwan Semi Lowers Sales Forecast (TheStreet.com)

2008/12/02
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Taiwan Semiconductor Manufacturing, the world’s largest chip contractor, lowered its fourth-quarter sales forecast by 8.6% on a cut in demand for wafers. More: continued here

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‘Mad Money Lightning Round’: Start Unloading Chesapeake Energy (TheStreet.com)

2008/12/02
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Cramer says it’s become one of the worst natural gas companies. More: continued here

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Dividend.com: UnitedHeallth Looking Better (TheStreet.com)

2008/12/02
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The company reaffirms guidance for fiscal 2008 and 2009. More: continued here

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JPMorgan to Cut 9,200 WaMu Jobs (TheStreet.com)

2008/12/02
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The company will be getting rid of overlapping positions and transition workers as part of its takeover of Washington Mutual. More: continued here

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Goldman To Report $5/Share Loss: Report (TheStreet.com)

2008/12/02
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Goldman Sachs is likely to report a net loss of as much as $2 billion, or $5 a share, for its quarter ended Nov. 28, the Wall Street Journal reports. More: continued here

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U.S. Auto Sales Expected To Be Grim (TheStreet.com)

2008/12/02
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Auto sales for November, to be released Tuesday, are expected to show a drop of 36% from a year ago, says one analyst. More: continued here

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