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Tuesday, May 10, 2011

Stock Tips & News

Top News



By Alix Steel 05/10/11 - 03:55 PM EDT NEW YORK (TheStreet ) - Jim Rogers, financial commentator, author and contrarian investor, loves commodities and some currencies. The US dollar has been in ...
By Maria Aspan NEW YORK (Reuters) - Citigroup Inc (CN) poached a top equity capital markets banker from Bank of America Corp (BAC.N) as it tries to rebuild its investment bank. Doug Baird, a ...
The prices for many commodities suffered the worst week in recent memory last week. Oil prices dipped below $100 per barrel, gold fell below $1,500 an ounce and silver gave back much of the past ...
KIRKLAND, WA--(Marketwire - May 10, 2011) - Market Leader, Inc. ( NASDAQ : LEDR) today announced that it is scheduled to present to the 13 th annual DA Davidson Financial Services Conference in ...
By Business Wire 05/10/11 - 04:02 PM EDT April 1, 2011: Acquired certain assets from Bear Creek LLC including fresh water and produced water transportation and two salt water disposal wells in the ...
By Business Wire 05/10/11 - 04:01 PM EDT Heckmann Corporation (NYSE: HEK, HEK.WS), a water solutions company focused on water issues worldwide and, in particular, oil and natural gas exploration ...
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--May 9, 2011 - Exelixis, Inc. (Nasdaq:EXEL) announced that today it granted restricted stock units representing 3,250 shares of Exelixis common stock ...
In Force of Nature: The Unlikely Story of Wal-Mart's Green Revolution, Edward Humes describes what he calls "the next industrial revolution — the one in which the pursuit of profit and the ..
By MarketWatch SAN FRANCISCO (MarketWatch) — Apple Inc. and Google Inc. went to Washington Tuesday to testify on Capitol Hill about consumer privacy and tracking in smartphones, but no one seemed ...

By Business Wire 05/10/11 - 09:38 AM EDT GT Solar International, Inc. (NASDAQ: SOLR), a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems ...

By Andrew Ackerman Of DOW JONES NEWSWIRES ST. LOUIS (Dow Jones)--Despite difficult times for low- and moderate-income communities, recent anecdotal evidence suggests conditions are improving for ...


Technology Alert
from The Wall Street Journal


Microsoft Corp. announced a deal to buy Internet phone company Skype Technologies SA for $8.5 billion in cash—the most aggressive move yet by Microsoft to play in the increasingly converged worlds of communication, information and entertainment.

Skype will become a new business division within Microsoft, and Skype CEO Tony Bates will assume the title of president of the Microsoft Skype Division, reporting directly to Microsoft CEO Steve Ballmer.

Buying Skype gives Microsoft a recognized brand name on the Internet at a time when it is struggling to get more traction in the consumer market. The deal ranks as the biggest acquisition in the 36-year history of Microsoft.

http://online.wsj.com/article/SB10001424052748703730804576314854222820260.html?mod=djemalertTECH
Telecoms analysts believe that Microsoft could be a happier home for Skype than Facebook, and could ratchet up the battle against Google Voice and Apple's Facetime on mobile devices and the desktop.
By Mark Shenk - Tue May 10 09:40:50 GMT 2011 May 10 (Bloomberg) -- Christin Tuxen, a senior commodities analyst at Danske Bank A/S, talks about the outlook for oil prices.
By Annalyn Censky, staff reporter @CNNMoney May 10, 2011: 5:35 AM ET NEW YORK (CNNMoney) -- China's monthly trade surplus grew for the second month in a row, in April.

Microsoft in Talks to Acquire Skype for $8.5 Billion

By ANDREW ROSS SORKIN and STEVE LOHR
The acquisition, an effort to gain a foothold in voice and video communications, would be Microsoft's largest ever.

Social Networks Offer a Way to Narrow the Field of Friends

By JENNA WORTHAM and CLAIRE CAIN MILLER
When Facebook is too public, smaller sites let a user share news with a streamlined group of people.

Japan's Nuclear Future in the Balance

By ANDREW POLLACK
The accident at the Fukushima Daiichi plant may cause Japan to import more fossil fuels rather than increase its reliance on renewable energy sources, experts say.
  • Many Hot Springs in Japan, but Not Much Electricity
  • China Real Time Report
  • Economists React: Trade Surplus Comes Back Strong

    China's trade surplus widened sharply in April, according to customs data released Wednesday. The news comes with China and the U.S. having just started annual high-level talks in Washington, where currency and trade issues top the agenda. Analysts react.

    http://blogs.wsj.com/chinarealtime/?p=13744?mod=djemChinaRTR_t

  • White iPhone 4 Sparks Beijing Apple Store Scuffle

    In Beijing this weekend, a group of people who were trying to get in line to purchase the white iPhone 4 decided the recently launched handset was worth fighting for and clashed with Apple Store employees in a fight that caused the store to close down for several hours.

    http://blogs.wsj.com/chinarealtime/?p=13736?mod=djemChinaRTR_t
  • Hong Kong Corruption Scandal: Milk Powder for the Mainland

    The corruption story that's making front pages all over Hong Kong: An investigation by the city's antigraft agency, which uncovered a number of bribery scams regarding the sale of milk powder at local supermarket chains.

    http://blogs.wsj.com/chinarealtime/?p=13745?mod=djemChinaRTR_t
  • Mineweb logo
  • Coeur CEO Wheeler predicts 2011 to be company's ‘best year ever'

    Coeur d'Alene Mines CFO Mitchell Krebs says the Idaho-based miner's 2011 metals sales are on track to exceed US$1 billion.    Tuesday , 10 May 2011
  • Has Lonmin rediscovered its mojo?

    SA's third-ranked platinum miner, Lonmin, emerges strongly from years of turmoil and restructuring with a 9% jump in platinum sales and a more than doubling in underlying profits    Monday , 09 May 2011 
  • The party's not over yet for gold, silver and commodities - Frank Holmes

    Last week's big pullback in gold, silver and other commodities does not signify a turning point in the markets, but more of a technical correction.    Tuesday , 10 May 2011 
  • What does China's rapid growth mean for gold?

    At current growth rates China's economy may match that of the U.S. by 2016 and growing wealth will ensure that by the end of the decade China is likely to dominate the world's gold market.    Monday , 09 May 2011 
  • Bullish sentiment on gold will turn - Steve Palmer

    Get in cheap while companies are relatively unknown and then pick up doubles, triples, or better when they hit the big time-that is AlphaNorth Asset Management Founder Steve Palmer's investment strategy. Interview with The Gold Report.    Monday , 09 May 2011 
  • Price drop makes silver an even hotter investment in India

    Silver's price slump has done nothing but raise demand for silver in India as companies hand out silver coins as part of employee bonus packages and jewellery stores promote silver as an affordable alternative to gold.    Monday , 09 May 2011 
  • Commodity ETF investors not shaken by commodities plunge

    According to Lipper funds, investors in commodity exchange traded funds were not overcome by last week's price plunge.    Monday , 09 May 2011 
  • The Washington Post
  • Boehner seeks trillions in cuts
    The House speaker demands that the White House agree to at least $2 trillion in spending cuts in exchange for a higher debt limit.
    (By Paul Kane and Lori Montgomery)

    Microsoft Said to Discuss Buying Internet-Call Provider Skype
    Microsoft Corp., the largest software maker, is in talks to buy Skype Technologies SA to add Internet- calling tools, according to two people familiar with the matter.
    ( , Bloomberg)

    China's April trade surplus surges to $11.4 billion as imports weaken, exports surge
    BEIJING — China reported an unexpectedly large April trade surplus, likely fueling U.S. pressure over currency controls and market access as American and Chinese officials hold high-level talks in Washington.
    ( Associated Press Associated Press , AP)
    HFN
  • Rajaratnam Jurors Go Back to Goel Tapes The jurors in the Raj Rajaratnam alleged insider trading trial were back to listening to wiretapped conversations between the hedge fund manager and ex-Intel executive Rajiv Goel. [more]
  • Singer Says Dodd-Frank, 'Entirely Nutty Hedge fund manager Paul Singer of Elliott Management reportedly outlined his qualms with the Dodd-Frank bill. [more]

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