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3 blue chips to watch, the one stock to buy now & car stereos disappearing - Today in Money 7/29

Posted Jul 29th 2008 9:45AM by Allan Halprin
Filed under: Cisco Systems (CSCO), Wal-Mart (WMT), Starbucks (SBUX), General Motors (GM), XM Satellite Radio (XMSR), Sirius Satellite Radio (SIRI), Exxon Mobil (XOM), Sony Corp ADR (SNE), Money and Finance Today, Merrill Lynch (MER), ConocoPhillips (COP), NIKE, Inc'B' (NKE), Alcatel-LucentADS (ALU), Amgen Inc (AMGN), Burlington Northern Santa Fe (BNI)

In the News:
· Merrill Lynch to Sell Bad Assets and Issue New Stock to Raise $8.5 Billion
· U.S. Drivers Drive 9.6 Billion Fewer Miles in May; 3rd Largest Drop in 66 Years
· U.S. Deficit Zooms to Half-Trillion as Bush Leaves Office
· Sony Profit Plunges 50%
· GM Cuts 1,760 More Jobs
· British Airways & Iberia Mull Merger
· Alcatel-Lucent CEO Patricia Russo to Step Down
· Linens 'n Things to Close 30 Fewer Stores Than Announced in May
· Amgen Earnings Surprise to Upside; Stock Rises
· XM & Sirius Merge, Forming Sirius XM Radio
· Starbucks to Close Most of Its Australia Stores By This Weekend
· Retailer Mervyn's to File for Bankruptcy Soon Unless Gets Last-Minute Cash Infusion

3 Blue Chip Stocks to Watch
After nearly a decade, these growth stocks are finally showing some signs of life. They include Wal-Mart, ConocoPhillips and Burlington Northern.
Blue chips: A growth spurt - CNNmoney

The One Stock to Buy Now
We asked eight up-and-coming and top mutual fund managers what one stock they would buy now. Some of their recommendations are household names. Others might surprise you. They include Nike, Cisco, ExxonMobil, Noble Corp., Canon, Valeant Pharmaceuticals, Nalco Holding Co and Cognizant.
The One Stock They Would Buy - Kiplinger

Roadblocks Ahead for Low-Cost Cars
Indian billionaire Ratan N. Tata, chairman of Tata Motors, has captured the imagination of auto executives and consumers with his ambitious plan to launch the world's most inexpensive car. The Tata Nano, unveiled early this year and set to go on sale in October, will have a sticker price of about $2,500. With soaring oil prices and steel prices rising over 40% since Tata announced the Nano in January, it has becoming more difficult for Tata to meet its price target. Can low-cost cars hit the market?
Roadblocks Ahead for Low-Cost Cars - BusinessWeek The Nano: Tata's Costly Promise

Are Car Stereos the Next Thing to Disappear in America?
The iPod generation is taking some of the thump-thump out of car audio sales. This year, spending on aftermarket car stereo systems is expected to slip 28%. The category includes everything from CD changers and speakers to satellite radio.
Car stereo sales hit a distressing low note - USATODAY.com

Cold Case: The Death of Ice Cream Magnate Tom Carval

Tom Carvel's ice cream empire churned up a big estate and a bitter fight over his money. Now a lawsuit asks, was he murdered?
Death of Ice Cream Magnate Carvel - Portfolio.com

'Switch Kits' Make It Easier Than Ever To Change Banks

Today, we are bound to our banks like never before, thanks to direct deposit and automatic bill pay, sweep accounts and CDs, credit and debit cards, and expanded brokerage and insurance products, not to mention online banking. But if you want to change banks it has just gotten much easier thanks to switch kits. With this new tool, even those with multiple ties to their old banks can pack up and head for better (or safer) deals.
'Switch kits' help depositors jump ship -Bankrate.com

World's Most Expensive Cups of Coffee

Lenin must be rolling over in his grave. Just 17 years after the collapse of the Soviet Union, the one-time capital of communism is now home to the world's most expensive cup of coffee. The average cup of joe in Moscow is $10.19. Other cities with a pricey cup of joe include Paris at $6.77, Athens at $6.62 and Beijing at $6.28.
World's Most Expensive Cups Of Coffee - Forbes.com

Youngest Female Billionaires

This elite club includes the world's richest author, Barack Obama's finance chief, former factory workers and two 20-something heiresses.
The World's Youngest Women Billionaires - Forbes.com

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