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    Morgan Stanley Results Leave Bernstein’s Hintz ‘Humiliated’

    April 22 (Bloomberg) -- Brad Hintz, a Sanford C. Bernstein & Co. analyst who has rated Morgan Stanley stock “outperform” since mid-2007, said the bank’s weaker-than-expected results left him feeling “humiliated.” “My guys are holding the sword so I can run on it this afternoon,”...
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    480 of the S&P 500 components gaining, 20 down since March 9 close

    NEW YORK (MarketWatch) -- If a bull market rally began when the stock market embarked on its six-week run higher, its more than 25% climb from its March lows has it about one-sixth of the way through the average bull run, says Standard and Poor's numbers cruncher Howard Silverblatt. "We have...
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    Short DAX at 7740

    It´s alway amusing to watch FDAX movements being sticked to ES. Brainless easy.
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    Wells Fargo Q1 EPS 56 cents vs 60 cents, Morgan Stanley Q1 loss 57 cents a share

    Wells Fargo & Co.'s net income jumped 52% on its Wachovia acquisition, though credit reserves were boosted by $1.3 billion, mostly for higher projected losses in consumer-credit and real-estate portfolios. LOL ! :D
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    Darling ramps up British borrowing plans to 220 bn

    he British government plans to ratchet up public borrowing to a record level this year in an effort to grow the economy out of the deepest recession since World War II, but will move to hike taxes and aggressively rein in red ink in following years as a recovery takes hold, Chancellor of the...
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    Morgan Stanley Drops a Bomb...

    Morgan Stanley slashes dividend 81%, to 5 cents. The company said the move will save it $1 billion a year.
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    Freddie Mac acting CFO found dead at home

    What happened ?:confused:
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    Short DAX at 7740

    Darling: U.K. economy to grow 1.25% in 2010 Darling: U.K. economy to contract 3.5% in 2009
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    Short DAX at 7740

    Volkswagen First-Quarter Net Falls 74% on Auto Slump.
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    The Arms Race in High Frequency Trading

    If the calls I am getting from headhunters are any indication, the hot area now is high frequency trading. And no wonder. There are two areas that were spared in the 2008 debacle: macro and high frequency trading. Macro funds on average were up ten percent or so last year because most of them...
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    Hong Kong's jobless rate hits 3-year high

    HONG KONG, April 20 (Xinhua) -- The global economic meltdown continued to batter the job market in Hong Kong with the city's latest unemployment rate hitting a three year high in the first quarter, revealed the Census and Statistics Department here Monday. Jobless rate in Hong Kong rose...
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    Bank Lending Keeps Dropping

    Lending at the biggest U.S. banks has fallen more sharply than realized, despite government efforts to pump billions of dollars into the financial sector. According to a Wall Street Journal analysis of Treasury Department data, the biggest recipients of taxpayer aid made or refinanced 23%...
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    Stimulus Package Will Only Stem Japanese economies Slide

    HONG KONG (MarketWatch) -- The Japanese government recently approved a tax exemption for dividends paid by overseas units of Japanese firms and some analysts expect it to be a boon for major firms as well as provide support to the nation's currency. Under the new legislation, which was...
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    Stimulus Package Will Only Stem Japanese economies Slide

    Japan's imports fall almost 37% in March vs. year ago Japan's exports fall almost 46% in March vs. year ago http://www.customs.go.jp/toukei/shinbun/happyou_e.htm
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    Active Managers: The (Horror) Show Goes On

    Isn´t it all about "slippage" ? :)
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    Stimulus Package Will Only Stem Japanese economies Slide

    TOKYO (NQN)--Japan's additional stimulus package will do nothing more than prevent the economy from deteriorating further, Masamitsu Sakurai, chairman of the Japan Association of Corporate Executives, said on Tuesday. Sakurai noted that the government is considering lowering its GDP growth...
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    Capital One Q1 loss 45c vs $1.47 EPS year ago

    Capital One late-shares drop 11% to $13.43
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    Capital One Q1 loss 45c vs $1.47 EPS year ago

    ooopps....
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    Active Managers: The (Horror) Show Goes On

    This from S&P: “The belief that bear markets strongly favor active management is a myth,” says Srikant Dash, Global Head of Research & Design at Standard & Poor’s. “A majority of active funds in each of the nine domestic equity style boxes were outperformed by indices during the...
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