Daily Archives: 2009/02/18

ING Group Posts Loss on Asset-Price Decline (TheStreet.com)

2009/02/18
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The Dutch financial services company swung to a fourth-quarter underlying loss of 3.1 billion euros ($3.9 billion) because of market volatility and declining asset prices. More: continued here

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GE CEO Waives $12 Million Bonus: Report (TheStreet.com)

2009/02/18
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General Electric CEO Jeff Immelt waived his right to collect bonus and performance-based pay that would have netted him more than $12 million in cash, a report says. More: continued here

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Buffett’s Holdings: Coca-Cola, P&G, Kraft (TheStreet.com)

2009/02/18
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Warren Buffett’s Berkshire Hathaway filed its holdings report Tuesday, showing yearend stakes in Wells Fargo, ConocoPhillips and more than 100 other holdings. More: continued here

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Zacks Releases New Stock Picks from the +21.7% Value Strategy: Sepracor, Health Net, United Western Bancorp, Plains … (Business Wire via Yahoo! Finance)

2009/02/18
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CHICAGO—-Stock picks from the Value Method strategy are being spotlighted today by Zacks, the nation’s largest independent stock research firm. This strategy surged +21.7% during the first half 2008, while the S&P 500 dropped by nearly -12%. More: continued here

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Market Pulse Announces Its AM Stock Picks for Tuesday, February 17, 2009: AAPL, PRRY, AMZN, INTC (GlobeNewswire via Yahoo! Finance)

2009/02/18
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ATLANTA, Feb. 17, 2009 — Market Pulse is pleased to announce the following stock picks. Bernard Schmitt of Market Pulse states, “These particular stocks should be closely watched due to existing fundamental and technical factors affecting each company.” More: continued here

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Zacks Releases New Stock Picks from the +21.7% Value Strategy: Sepracor, Health Net, United Western Bancorp, Plains … (Centre Daily Times)

2009/02/18
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Stock picks from the Value Method (VM1) strategy are being spotlighted today by Zacks, the nation?s largest independent stock research firm. This strategy surged +21.7% during the first half 2008, while the S&P 500 dropped by nearly -12%. In fact, from 2001 through 2007, the strategy has averaged +41.9% yearly. More: continued here

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Wal-Mart Avoids Retail Misery (TheStreet.com)

2009/02/18
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Wal-Mart shares were rising into the market close Tuesday, but the retail sector on the whole was in tatters. More: continued here

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Sirius XM Saved, but Static Continues (TheStreet.com)

2009/02/18
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The last minute drama between Liberty Media and its satellite rivals, EchoStar and Dish, fails to fully address Sirius’ ongoing saga. More: continued here

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GM May Take Back Factories From Delphi (TheStreet.com)

2009/02/18
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An executive at the U.S. automaker said talks are under way for possible transfer of some plants should Delphi fail to emerge from bankruptcy protection. More: continued here

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