24/7 Wall St.

Ten Cheap Products Making American Companies Billions

247wallst — Mon, 30 Jan 2012 11:53:39 +0000

Just because certain products have a low price tag does not mean they cannot sell for billions of dollars. In fact, some of the cheapest products make the most money for their companies. 24/7 Wall St. identified some of the best-selling consumer goods and food products costing under $5 and the companies that make them. [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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A Mexican Stand-Off for Greece

247wallst — Mon, 30 Jan 2012 11:51:47 +0000

German Economy Minister Philipp Roesler wants an outside institution to control Greece’s budget. He claims the Greeks have proven they cannot enforce their own austerity plans. Evangelos Venizelos, the Finance Minister of Greece, released an official statement in which he said: [O]ur partners do know that European integration is based on the institutional parity of member states [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Europe’s Youth Unemployment Problem Seen from the U.S.

247wallst — Mon, 30 Jan 2012 11:51:14 +0000

EU leaders want to put aside as much as 22 billion euro to stimulate youth employment in the region. The sum is not likely to be enough because more than 5 million young people in the region who want jobs do not have them. In some nations, particularly Spain, about half of the people between 16 [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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A Boycott of Apple Products — Not Likely

247wallst — Mon, 30 Jan 2012 11:50:42 +0000

A number of media have accused Apple (NASDAQ: AAPL) of using Chinese companies whose laborers are treated harshly by their employers as they make iPads and iPhones. Some writers have called for boycott. While a boycott may be put into place, it will not change the demand for Apple’s products one bit. They are too popular and U.S. consumers [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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What’s Important in the Financial World (1/30/2012) Bank of America Management, Facebook IPO

247wallst — Mon, 30 Jan 2012 11:50:08 +0000

There is still no settlement between Greece and the private investors who hold its debt. Greece also faces a call from Germany to have an independent agency supervise its budget. The Greek government voiced a loud reaction to Germany’s suggestion because it would strip the southern European nation of some of its sovereignty. But, as Greece’s GDP [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Media Digest (1/30/2011) Reuters, WSJ, NYT, FT

247wallst — Mon, 30 Jan 2012 11:49:34 +0000

EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a 20 billion euro fund to help improve unemployment among the young. (Reuters) Intuit (NASDAQ: INTU) reports that small business hiring slowed in January and wages [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Apple Gains Market Share In Corporate World

247wallst — Sun, 29 Jan 2012 16:08:26 +0000

Apple (NASDAQ: AAPL) has been successful in the market for personal computers for individuals for decades. The Mac has been pulled along by the popularity of, first, the iPod, and more recently the iPh0ne and iPad. But, Apple’s only significant success among corporations and enterprises has been in the education and design sectors. If Apple has [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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24/7 Wall St. Top Analyst Calls of the Week (T, ADP. BBY, CHK, DNDN, ETFC, JCP, JPM, GS, MS, JEF, KLAC, LIFE, MCD, KORS, NFLX, VPRT, ZNGA)

Administrator — Sat, 28 Jan 2012 15:19:53 +0000

This last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious money for investors, and we also look for the duds which were wrong or just stood apart from the crowd. The 24/7 Wall St. [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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FTC Sues To Block Omnicare/PharMerica Merger; Express/Medco Next? (OCR, PMC, MHS, ESRX, T)

Administrator — Fri, 27 Jan 2012 22:31:25 +0000

The Federal Trade Commission is suing to block the merger between Omnicare, Inc. (NYSE: OCR) and Pharmerica Corporation (NYSE: PMC), where Omnicare is seeking to acquire the rival pharmacy provider PharMerica…. It makes you wonder how far behind a potential blockage of the Medco Health Solutions Inc. (NYSE: MHS) and Express Scripts Inc. (NASDAQ: ESRX) merger is. [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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24/7 Wall St. Closing Bell (BBY, SD, ALL, JCP, KIM, AEP, CVX, D, F, HON, PG, SOA, CPHD, INFI, NRGY, RVBD)

Paul Ausick — Fri, 27 Jan 2012 21:07:13 +0000

All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack of a solution the Greek debt swap and lackluster earnings from several major US companies, the DJIA has remained down all day though [...] [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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