Archive for February, 2009:

Cramer on BloggingStocks: Don’t need stocks? Don’t own ‘em

{ Posted on Feb 27 2009 by Jim Cramer }
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Categories : All, BloggingStocks
From TheStreet.com Network Five Dumbest Things on Wall Street: Feb. 27 How to Buy Gold Now TheStreet.com's Jim Cramer says if you need money for anything important in the near future, get it ...Read More »

Ask the Dolans: How will closing a credit card account affect my credit score?

{ Posted on Feb 27 2009 by Ken and Daria Dolan }
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Categories : All, WalletPop
Filed under: CardsKen and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday. Click here to ask Ken and Daria your question.If you've decided to reduce the number of credit cards in your wallet, good ...Read More »

Textron: First TARP recipient from defense sector

{ Posted on Feb 27 2009 by Alex Salkever }
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Categories : All, BloggingStocks
Three products that are probably bad bets in this environment are private jets, helicopters and golf carts. Add in a large captive finance arm and an auto parts unit and you have Textron (NYS: TXT), the latest hobgoblin to join ...Read More »

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{ Posted on Feb 27 2009 by BloggingStocks }
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Gap tops expectations with its fourth-quarter earnings

{ Posted on Feb 27 2009 by Mark Fightmaster }
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I guess there just isn't much of a market for khakis and blue oxford shirts in the middle of a recession. Clothing retailer Gap (NYSE: GPS) revealed that its fourth-quarter profit fell 12% thanks to holiday weakness at Gap and ...Read More »

Checking into “The Dirtiest Hotel in America”

{ Posted on Feb 27 2009 by Jason Cochran }
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Filed under: Health, TravelTripAdvisor, a popular site where hotel guests review places they've stayed, has released its list of the 2009 Dirtiest Hotels. The results make you queasy enough when you read them on your computer monitor. But a blogger ...Read More »

Microsoft still yearns for Yahoo

{ Posted on Feb 27 2009 by Jamie Dlugosch }
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Categories : All, BloggingStocks
With only a day of trading remaining in February, stocks are poised to post another monthly loss. There have been very few stocks going higher in this very persistent bear market. One exception to the rule has been Yahoo (NASDAQ: YHOO). ...Read More »

Citi down 43% as U.S. takes 36% of common; Pandit stays on

{ Posted on Feb 27 2009 by Peter Cohan }
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Great news for Citigroup (NYSE: C) CEO Vikram Pandit! After overseeing a 96% drop in Citi's stock price, Pandit will get to keep his job as the U.S. converts its $45 billion investment in Citi preferred stock into common. There's ...Read More »

Sony (SNE) gets a new president

{ Posted on Feb 27 2009 by Douglas McIntyre }
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Sony (NYSE: SNE) is getting a new president. At the Japanese electronics company, the president holds the No.2 spot, under the CEO. What is surprising about the Sony move is that chief executive Howard Stringer will become his own president. According ...Read More »

Isn’t it time to just ban ARM loans outright?

{ Posted on Feb 27 2009 by Zac Bissonnette }
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Filed under: Real Estate, Mortgage ConfidentialOn Monday, Freddie Mac reported that 97% of prime borrowers who refinanced adjustable-rate mortgages in the fourth quarter opted to switch into fixed-rate loans. Of borrowers who were refinancing fixed-rate loans, an astounding 99.7% opted ...Read More »
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