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FeedPosted Nov 9th 2009 10:10AM by Jim Cramer (RSS feed)
Filed under: Market matters, Abbott Laboratories (ABT), Aetna Inc (AET), CIGNA Corp (CI), Gilead Sciences (GILD), Stocks to Buy, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the Senate is filled with more-savvy politicians, and the upside for beaten-down names is huge. Nancy Pelosi has now said her piece. The most unpopular Speaker of the House in the history of Wall Street has gotten her precious health care legislation through the House after ramming through a stimulus package that had far too little infrastructure and far too much pay raise for municipal and state workers, the most powerful interest group in the country.
But this time the Senate sees through it, and the politicians -- despite Pelosi's insistence that Tuesday's election went her way -- know better. There are pages after pages after pages in this bill that look threatening. But here's the rub: This bill's public option, the one that is supposed to be a killer to everything health care, should affect no more than 6 million people over a 10-year period, according to the Congressional Budget Office. In order to get 60 votes in the Senate, even that may prove to be too powerful an option.
Continue reading Cramer on BloggingStocks: Pelosi can't kill the health care sector
Posted Nov 9th 2009 9:30AM by Steven Mallas (RSS feed)
Filed under: General Electric (GE), Walt Disney (DIS), Sony Corp ADR (SNE), Film
Disney (DIS) had high hopes for A Christmas Carol. It was supposed to be an unqualified blockbuster. Unfortunately, the film's first weekend at the box office was nothing short of a disaster.
Too strong? Hardly. According to early estimates at Box Office Mojo, Carol took in little more than $30 million at domestic screenings. It was wasn't supposed to be like this. Carol was supposed to be light-years ahead of the competition. Sony's (SNE) Michael Jackson's This Is It came in second. The Men Who Stare at Goats, distributed by Liberty Capital Group's (LCAPA) Overture Films, was third. And The Fourth Kind, from General Electric's (GE) Universal, is currently ranked, aptly enough, in fourth place. Each of the latter three pictures had a gross of somewhere between $12 million and $14 million. To me, Carol's take didn't seem as disproportionate as it should have been.
Continue reading Disney's 'A Christmas Carol': Investors not in a merry mood?
Posted Nov 9th 2009 8:20AM by Tom Taulli (RSS feed)
Filed under: Deals, Private equity, Northrop Grumman (NOC)

Could it be that private-equity buyouts are making a comeback? There are certainly signs of a return. Just last week, TPG and the Canada Pension Plan agreed to shell out $4 billion for IMS Health (
RX).
This week, we have another interesting deal: KKR and General Atlantic will
buy TASC for $1.65 billion. TASC is the consulting unit of Northrop Grumman (
NOC).
Actually, the military giant had little choice but to unload the division because of a conflict of interest. How can you provide unbiased consulting to the U.S. government as well as sell weapons to it?
Continue reading KKR guns for a military deal -- buys Northrop Grumman's TASC
Posted Nov 9th 2009 7:40AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Deals, General Electric (GE), Market matters, Sprint Nextel Corp (S), Comcast Cl'A' (CMCSA), Economic data, Kraft Foods'A' (KFT), Oil

U.S. stock futures climbed significantly higher Monday morning, pointing to a strong open on Wall Street following gains in overseas stock markets. With little in the way of economics data and earnings, investors mostly are following several potential deal news.
Last week, with mostly encouraging economic data and generally better-than-expected earnings, the Dow reclaimed the 10,000 mark and remained above it despite the unemployment rate reaching 10.2%. It seems for now, the promise of a recovery and a Federal Reserve that's keeping stimulating policies are enough to boost sentiment.
Continue reading Before the bell: Futures climb as Wall Street eyes deals
Posted Nov 8th 2009 5:40PM by Tom Taulli (RSS feed)
Filed under: Small business
It's never easy to acquire a customer. Yet, when it happens, it's tempting to become lax when it comes to the legal details. And it's true that many contracts do not necessarily need to be in writing.
However, this is no excuse. Having a prepared contract shows your professionalism and seriousness. It's also a way to gain leverage. Keep in mind that the drafter of a contract usually has an edge.
So, when putting together a sales contract, here are some things to keep in mind:
Continue reading Entrepreneur's Journal: Putting together a solid sales contract
Posted Nov 7th 2009 4:00PM by Sam Collins (RSS feed)
Filed under: Stocks to Buy, Best Stocks for 2009
After seven months of one of the strongest rallies in history, the stock market is showing signs of faltering. From here on out through the rest of 2009, I believe the advance will shift gears, and instead of recording new highs every month, the trend will tend to flatten.
And as we head into the heart of the fourth quarter, I wouldn't bet on the market making many more new highs this year.
Continue reading Six top trades for the rest of 2009
Posted Nov 6th 2009 5:00PM by Connie Madon (RSS feed)
Filed under: Management, Industry, Market matters, Money and Finance Today, Politics, Headline news, Federal Reserve, Financial Crisis
US Senator Bernie Sanders, independent from Vermont, is known for his straightforward and unbiased positions.
His new legislative proposal is to break up big banks that are deemed "too big to fail." To quote Mr. Sanders: "if an institution is too big to fail, it is too big to exist. We should break them up so they are no longer in a position to bring down our entire economy."
Continue reading Senator Sanders proposes legislation to break up large banks
Posted Nov 6th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), Motorola (MOT), Federal Natl Mtge (FNM)

Today was a surprise considering the news. There was not great economic news to hang on, particularly considering that the 10.2% unemployment was the worst reading since 1983. As the market did not crater and as it went positive throughout the day, it almost felt as though the 10.2% of the officially unemployed don't matter to the economy as everyone keeps noting the 'lagging indicator' effect. Still, stocks held their own for most of the day and where the real direction for the end of the day bells felt uncertain until the end of the day.
Here are today's unofficial closing bell levels:
Dow 10,023.19 +17.23 (0.17%)
S&P 500 1,069.30 +2.67 (0.25%)
Nasdaq 2,112.44 +7.12 (0.34%)
Top Analyst CallsTop Stock Rumors Continue reading Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA)
Posted Nov 6th 2009 11:00AM by Tom Taulli (RSS feed)
Filed under: Citigroup Inc. (C), Initial public offerings

Being 34% owned by the U.S. government,
Citigroup's (NYSE:
C) destiny is somewhat murky. Yet, to pay off the loans, this massive financial institution must shrink. To this end, Citigroup has
filed a public offering for its Primerica Financial Services. According to the prospectus, the deal is expected to raise $100 million, but it's likely the amount will be much larger.
Primerica certainly has an interesting history. Back in 1977, an aggressive financial service executive, Arthur Williams, started the company, with the focus on providing term insurance to consumers as well as mutual fund products. However, he had an interesting twist on distribution: he used network marketing. Basically, a Primerica agent would get incentives by recruiting new agents. As a result, the company's growth exploded.
Continue reading Primerica IPO: Citigroup unwinds its far-flung empire
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