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  • With Richard Shelby (the Senate Banking Committee's ranking Republican) again throwing himself into the path, Peter Diamond's nomination for Fed governor could be blocked yet again. Diamond, whom Shelby calls an "old-fashioned big government Keynesian," was the only nominee to fail of the three President Obama supplied last fall.  [View news story]
    Richard Shelby is old man and too much whine.
    Mar 8 11:35 AM | Likes Like |Link to Comment
  • The price to Microsoft (MSFT) to get Nokia (NOK) to make Windows phones? One billion dollars and then some, Bloomberg reports, which allows Nokia to rip out margin-killing costs and then pay a per-phone fee to Microsoft as sales occur. Skeptics have helped drive Nokia stock down nearly 23% since the deal emerged.  [View news story]
    Too late for Microsoft. Invent something else. Here is an idea,
    Tablet and phone together.
    Mar 8 11:33 AM | Likes Like |Link to Comment
  • Savvis (SVVS +5%) shares swing wildly as a report casts doubt on speculation that the data center hosting firm was preparing to sell itself. Savvis CEO Jim Ousley reportedly says, “We have no idea where that rumor came from, we’ve never talked to those people.” An earlier report said Savvis had retained Qatalyst Partners, led by Fred Quattrone, to shop it.  [View news story]
    When dust settels all these clouds will come down to earth.
    Mar 7 03:58 PM | Likes Like |Link to Comment
  • Carl Icahn is in the early stage of exploring a sale of Federal-Mogul (FDML +7.3%), Reuters reports, some three years after the auto parts supplier emerged from bankruptcy under his control. Icahn, owner of a 76% stake, is in the preliminary stage of sounding out potential buyers, the report says; the company is not yet running a formal sale process.  [View news story]
    Carl Icahn, Donald Trump are snake oil salesman
    Mar 7 03:55 PM | Likes Like |Link to Comment
  • On the hour: Dow -0.78%. 10-yr -0.03%. Euro -0.14% vs. dollar. Crude +0.94% to $105.40. Gold +0.55% to $1436.40.  [View news story]
    Banks will up tomorrow. Settlement is comming.
    Mar 7 03:52 PM | Likes Like |Link to Comment
  • The biggest opportunities from today's sell-off in chip stocks (SOXX) are in Intel (INTC -1.9%) and Qualcomm (QCOM -1.6%), Wells Fargo's David Wong, who downgraded the sector, tells CNBC: "These are stocks with particularly strong fundamentals... [INTC] has recovered nicely from its glitch in its Sandy Bridge chip set... [QCOM] is an excellent tablet and smartphone play."  [View news story]
    I will call you David Wrong.
    Mar 7 03:48 PM | 1 Like Like |Link to Comment
  • On the hour: Dow -0.78%. 10-yr -0.03%. Euro -0.14% vs. dollar. Crude +0.94% to $105.40. Gold +0.55% to $1436.40.  [View news story]
    Price line will close positive today!
    Mar 7 03:47 PM | Likes Like |Link to Comment
  • Americans are failing to recognize the resilience of the U.S. economy, says Tony Tan Keng Yam, director of Singapore's sovereign wealth fund. He expects the U.S. economy to grow "above trend" at a rate of 4%-4.5% this year, and believes that the risk of inflation is very low because of slack in the economy.  [View news story]
    Tony Tan Keng Yam,

    You r 100% corrects. More yams for you!
    Mar 7 03:46 PM | 1 Like Like |Link to Comment
  • Democratic senators who fled Wisconsin to thwart restrictions on public employee unions say they plan to come back to work soon, betting that the curbs are so unpopular they'll taint Republicans. "If you think this is a bad bill for Republicans, why didn't you stand up in the chamber and debate us about it three weeks ago?" the Senate's majority leader says.  [View news story]
    Take them to the jail directly.
    Mar 7 03:45 PM | 3 Likes Like |Link to Comment
  • The biggest opportunities from today's sell-off in chip stocks (SOXX) are in Intel (INTC -1.9%) and Qualcomm (QCOM -1.6%), Wells Fargo's David Wong, who downgraded the sector, tells CNBC: "These are stocks with particularly strong fundamentals... [INTC] has recovered nicely from its glitch in its Sandy Bridge chip set... [QCOM] is an excellent tablet and smartphone play."  [View news story]
    Wong is Wrong. r is missing from spelling.
    Mar 7 03:45 PM | 4 Likes Like |Link to Comment
  • On the hour: Dow -0.78%. 10-yr -0.03%. Euro -0.14% vs. dollar. Crude +0.94% to $105.40. Gold +0.55% to $1436.40.  [View news story]
    Tomorrow market will be up 105 points.
    Mar 7 03:41 PM | Likes Like |Link to Comment
  • The biggest opportunities from today's sell-off in chip stocks (SOXX) are in Intel (INTC -1.9%) and Qualcomm (QCOM -1.6%), Wells Fargo's David Wong, who downgraded the sector, tells CNBC: "These are stocks with particularly strong fundamentals... [INTC] has recovered nicely from its glitch in its Sandy Bridge chip set... [QCOM] is an excellent tablet and smartphone play."  [View news story]
    David Wong is kicking the person when it is down.
    Mar 7 03:41 PM | 1 Like Like |Link to Comment
  • PNC Financial (PNC) is ticking up premarket, apparently after a bullish call by Barron's, which thinks shares could rise 25% over twelve months. PNC +1.3%.  [View news story]
    Barron's reserach is pretty good.
    Mar 7 09:27 AM | Likes Like |Link to Comment
  • Atlanta Fed President Dennis Lockhart says demand is too fragile to allow companies to pass higher input prices on to customers. "My sense is there is still concern that demand is fragile and pricing power too limited for most markets to take extensive price increases," he says. His first instinct is to be “very cautious” about additional asset purchases when QE ends in June.  [View news story]
    Too much competition for Brand name product. People learned to use non-brand product to save money during recession. It will be difficult for brand products to increase price.
    Mar 7 09:25 AM | 3 Likes Like |Link to Comment
  • Fed policy makers are signaling they favor an abrupt end to $600B in Treasury purchases in June, jettisoning their prior strategy of gradually pulling back from intervention in bond markets. To bring the program to a full stop, they must be confident that the economy is strong enough to endure higher long-term interest rates an exit might bring.  [View news story]
    Money well spent
    Mar 4 10:00 AM | Likes Like |Link to Comment
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