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Oil soars above $71, hitting 2009 high Oil soars above $71 as 3-month rally continues, reaching 2009 high * George Jahn, Associated Press Writer * On Wednesday June 10, 2009, 6:35 am EDT VIENNA (AP) -- Oil prices soared above $71 a barrel Wednesday to reach a 2009 high, as...

08:22 GOOG Google tgt upped to $580 at Citigroup (431.65 ) Citigroup raises their GOOG tgt to $580 from $480 saying: extensive channel checks & sensitivity analysis support Q2 ests, cyclical and other factors point to 2010 EPS upside, and a "smartphone summer" and other datapoints...

Valuation We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.

GM shares reach 75-year low amid bankruptcy talk Friday March 6, 2:34 pm ET General Motors shares drop to lowest price in more than 75 years as bankruptcy concerns grow NEW YORK (AP) -- General Motors Corp. shares fell to their lowest point in more than 75 years Friday, as investors...

Markets face 'irrational pessimism' Friday March 6, 1:45 pm ET By Rachel Beck, AP Business Writer New extreme in US stock sales leads to 'irrational pessimism' among investors NEW YORK (AP) -- You've heard of "irrational exuberance," right? That's the expression Alan Greenspan coined...

Barrons: Slow-Motion Capitulation By MICHAEL KAHN Sentiment indicators suggest that most investors have given up on the stock market by now. Will a bull market follow? Last year, we saw that market fall apart in what can only be described as a slow-motion crash. And now, thanks to the...

AP 12 pct. are behind on mortgage or in foreclosure Thursday March 5, 10:14 am ET Survey shows nearly 12 pct. of mortgage holders are behind on their payments or in foreclosure NEW YORK (AP) -- An industry survey shows a record 5.4 million American homeowners with a mortgage, or...

$8 and change -15% today.

GE

Will SPX 700 hold ?

Major stock market indexes fall to 1997 levels By SARA LEPRO – 4 days ago NEW YORK (AP) — The major stock market indexes have staggered to their lowest levels in more than a decade, pulled down by investors' rapidly waning confidence. The Dow Jones industrial average and the Standard &...

World stocks tumble as Dow eyes 1997 lows Friday February 20, 10:16 am ET By Pan Pylas, AP Business Writer World markets tumble as Dow eyes 1997 lows as investors begin to write off 2009 LONDON (AP) -- World stock markets tumbled Friday amid concerns that Wall Street may see further...

Heading to zero...

B of A ?

GM needs up to $30 billion in aid to avoid failure Tuesday February 17, 2009, 6:11 pm EST DETROIT (Reuters) - General Motors Corp (NYSE:GM - News) said on Tuesday it could need a total of up to $30 billion in U.S. government aid -- more than doubling its original aid -- and would run out...

Market's 'Hope Balloon' Loses Air Tepid Upturns Haven't Stopped the Slide; 'Hard to Make a Cheery Story' Financial markets are supposedly driven by two competing forces: fear and greed. Fear just made another grab for the steering wheel. Disappointment with the government's planned...

The Stock Market is for suckers… By Mark Cuban I wanted to respond to Tom Hawks comments. Someone I respect a lot, but who i disagree vehemently on this topic. Tom I stand by what I said. You can have as long a term horizon as you want, but like most other long term plans we have...

Wall St. tumbles on recession and bank anxiety Tuesday February 17, 2009, 10:11 am EST NEW YORK (Reuters) - Stocks sank on Tuesday on concern that the recession is worsening and that efforts to stabilize the beleaguered financial system may not be enough. The slide took the benchmark...

Civil unrest biggest threat to emerging markets Civil unrest could be one of the biggest risks facing the emerging markets sector in the next 12 months, according to Franklin Templeton’s Mark Mobius. Mobius, who manages the £995.4m Templeton Emerging Markets investment trust, said...

New jobless claims drop slightly to 623,000 Thursday February 12, 2:48 pm ET By Christopher S. Rugaber, AP Economics Writer New jobless claims dip to 623,000; continuing claims remain at record level over 4.8 million WASHINGTON (AP) -- Nearly 5 million Americans continued to draw...