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Sell Now, or Forever Hold Your Piece


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Accounting fiddles could improve financial's earnings ???

 

The financials sector, freed from the write-downs that crippled results last year, is expected to be the best performer this quarter, with earnings on average expected to be up by 59% from the year earlier, according to Thomson Reuters.

 

On average, earnings at S&P 500 firms are expected to be down by 24.8% from the year earlier quarter, marking the ninth consecutive quarter of negative earnings growth, according to Thomson

 

 

Mosaic Co. Q1 net income 23c vs $2.65

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mean time in the real world

 

"The short-lived grace period at Conde Nast between the exit of the McKinsey folks and the inevitable fallout for employees has come to an abrupt end: the company announced today it’s folding Gourmet, Cookie and two bridal titles, Elegant Bride and Modern Bride.

 

The news is both surprising and not so. While many editors at Conde Nast will be tasked with the difficult job of slashing 25% of their annual budgets as part of McKinsey’s recommendations, it appeared as if there would be no title closures, at least in the short run. A number of mags on life support (W is down roughly 50% in ad pages this year) seemed to get a stay of execution."

 

http://blogs.wsj.com/speakeasy/2009/10/05/...itles/?mod=mktw

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First Bounce, Then What?

by Lee Adler, Monday, October 5, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit This looks like the short term upturn that was due. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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Two important blog postings about the "shadow inventory" in housing, why it is happening, and what might result.

 

Mark Hanson (formerly known on the net as "Mr Mortgage"

 

Dr. Housting Bubble. Read both the October 1 and today's posts.

 

 

I wonder if gtnworse ever sold out in Santa Monica, or if it just keeps gtnworse....gonna be interesting to see how it plays out thru the Pay Option mess just firing up now....

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