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POPSWarren Buffett's Q3 Moves Seems like he thinks U.S. automakers and retailrs are in for a long slump even though his public pronouncements elsewhere have been long term bullish on U.S. equities.
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POPSGoldman Cuts View On 5 Top U.S. Investment Banks Tanona recommends a trade in which investors buy Morgan Stanley shares and sell Citigroup shares short. He says Morgan Stanley is one of the brokers best positioned for a market turnaround, while Citigroup will remain heavily exposed to mortgages and consumer credit issues.
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POPSChinese Stock Markets Tank Last time the Shanghai market plunged like this it triggered a global sell off of equities. Certainly markets everywhere are increasingly worried by inflation.
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POPSOne Big Dark Pool To Rule Them All Public stock exchanges could lose business as a result. Dark pools now account for 10% of equities trading in the U.S., and 20% of all trades in NYSE-listed stocks.
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POPSThe Earnings Recession Has Arrived With 90 per cent of the S&P 500 companies having reported, third-quarter earnings per share is down 8.5 per cent year-over-year, a huge swing from a positive 9.6 per cent in the second quarter and plus 11.6 per cent a year ago
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POPSCommodities: The Untroubled Asset Class Two possible implications of Adam Cole's observation that unlike equities, forex and fixed income, commodities have been relatively untroubled by the current credit crunch: one the four year commodity bull run may be less global liquidity dependent than many thought; two: the global economy may be more robust than many think.
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POPSSecond Quarter Earnings Forecast This posting from the Bespoke Investment Group points out that EPS growth rate projections have been boosted to 7.5% from 4.6% -- not what one would have thought given the recent dive in stock prices.
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POPSHedge Fund Inflows Hit USD58.7bn iIn Q2 Sub-prime scare? What sub-prime scare? Hedge funds continue to attract new money -- more in the first half of this year than in all of 2006., as investing institutions continue to seek to goose returns. N.B. This article, from the date research firm that complies the numbers, requires registration,
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POPSDollar Support May Hinge On Equity Flows Over the past four years foreign buying of U.S.bonds has provided an underpinning for the dollar, but this Reuters analysis argues that if the housing slump prompts foreigners to steer clear of U.S. credit markets, unless U.S. equities take up the slack, the dollar will fall further.
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POPSUBS Wins PetroChina IPO Mandate UBS was one of the first foreign investment banks to secure control of a Chinese brokerage and is now putting it to good use winning a tasty slice of China's public offerings.
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POPSChinese Blogger Arrested Over Stock Tips The popularity of Wang's blog, Daitou Dage 777, is one of the offshoots of the current stockmarket exuberance in China. Wang's detention could mark the start of a broad regulatory clampdown on informal investment companies in China as authorities try to damp down the frenzy.
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POPSAngry Agua In Argentina Coke claims the Danone affiliate in Argentina ran an online smear campaign calling its Dasani water "bottled tap water" and "cancer water." --Ann Rafalko
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POPSWhat Is The Future Of The iPhone? Just yesterday JPMorgan Chase analyst Kevin Chang said the next iPhone would be inspired by the iPod Nano. Today fellow JPM analyst Bill Shope says just the opposite. --Ann Rafalko
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POPSNYSE Investigating Trading in ABN Amro Investigation is likely to focus on trading of ABN Ambro's ADRs. In the U.K., the FSA has been looking into trading in the bank's shares by hedge funds, and the AFM in Holland has also reviewed trading there. It is not clear if the three regulatory inquiries are linked.
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POPSLarge Caps Redux Analysts have been predicting the return of large caps for the past two years. This Short View column from the FT argues that at last these predictions are coming to pass.