Tag: month

Bank of America’s (NYSE:BAC) December Card Charge-offs Drop

Filed in bank of america, Debt, Gold Bullion prices, o by on January 18, 2011 0 Comments

Charge-offs for credit card debt at Bank of America (NYSE:BAC) dropped to its lowest levels for 2010 in December, said the giant bank. This type of debt is considered as noncollectable when it is written off by a financial institution. Also improving in December were credit-card late payments. For the month of December, Bank of America wrote off 9.31 percent of credit card balance, an

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GAP’s Comparables Mount – Analyst Blog

Filed in BP, Gold Prices, o by on December 8, 2010 0 Comments

Gap Inc. reported a 4% jump in comparable-store sales for the month of November.

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Bon-Ton’s November Sales Up – Analyst Blog

Filed in BP, Gold Investing, Gold Prices, o, silver by on December 8, 2010 0 Comments

Bon-Ton reported total sales of $319.1 million for the month of November 2010, up 2.7% year over year.

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Microsoft Sells 2.5 Million Kinects in a Month

Filed in ipad, o, South African Gold, Spot Gold by on December 1, 2010 0 Comments
Microsoft Sells 2.5 Million Kinects in a Month

Filed under: Products and Services , Launches , Microsoft (MSFT) Microsoft’s ( MSFT ) new Kinect technology is paying off with big sales in its first month. Microsoft sold 2.5 million devices, each costing $150, as reported by CNNMoney . The new Kinect technology enables Xbox users to play video games without a controller. And Microsoft sold more Kinects in its first month than Apple ( AAPL ) did its iPad. One million iPads sold in its first month of sale. Continue reading Microsoft Sells 2.5 Million Kinects in a Month Microsoft Sells 2.5 Million Kinects in a Month originally appeared on BloggingStocks on Wed, 01 Dec 2010 11:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Case-Shiller Index Screams Housing Double Dip

Filed in BP, economy, Gold Market, o by on November 30, 2010 0 Comments

Just when you thought the real estate market was showing signs of a recovery, reality rears its ugly head. According to the latest figures from the Case-Shiller Home Price Index, prices have started to slip again pointing to a double dip in home values. Nationally, home prices dropped 1.5% in September. That’s a trend that Case-Shiller expects to continue since earlier this month they forecast a further 7.1% drop in home prices into the second quarter of 2011. In all, 18 of the 20 metropolitan statistical areas that are measured by the S&P/Case Shiller index reported home price decreases for the quarter, although they are still above their low points from the spring of 2009. From the report entitled: Broad-based Declines in Home Prices in the 3 rd Quarter of 2010 According to the S&P/Case-Shiller Home Price Indices “ Another weak report; weaker than last month. The national index is down 1.5% from the third quarter of last year and 15 of 20 cities are down over the last 12 months. Other than Tampa, FL, there are no new lows this month but many analysts will argue that a double dip will be confirmed before Spring. While some of the bad numbers may reflect the end of the government’s tax incentive for first time homebuyers, there are other problems weighing on the housing market.” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s. “The national economy is certainly the number one issue for housing. Additionally, there is a large supply of houses on the market and further, hidden, supply due to delinquent mortgages, pending foreclosures or vacant homes. New construction is running at less than half the pace needed to meet normal demand, so a sustained recovery could be a ways off.” From their peak in June/July of 2006 through the trough in April 2009, the 10-City Composite is down 33.5% and the 20-City Composite is down 32.6%.” No jobs, no money, no dice. It’s really not that complicated. Related Articles: Meredith Whitney Predicts a Housing Double-Dip Matt Taibbi On ForeclosureGate Crimes Zandi: Expect 8% Home Price Declines Guidelines Tighten Again For FHA Loans To learn more about Wealth Daily click here Advertisement The Video Footage that has Electric Companies Terrified They won’t announce it yet, but your utility company is shaking in its boots… That’s because one tiny engineering firm just demonstrated a technology that could put every last utility out of business— by harnessing your own solar energy at any time, from any window ! Before the first big ticket contract comes through — doubling the share price — click here to see exclusive footage. Case-Shiller Index Screams Housing Double Dip originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Brzezinski: Obama ‘pathetic’ in dealing with Israe

Filed in Gold, Gold Spot Market by on October 17, 2010 0 Comments

Brzezinski contended that it was “pathetic” to see the United States making big concessions to Israel this month — ones that should be reserved for a final “grand bargain” — simply to add another 60 days to a temporary freeze on Israeli settlements.

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Hedge Funds August Fundraising

Filed in silver by on October 11, 2010 0 Comments

Hedge Funds August Fundraising Hedge Funds Reach Six Month Fundraising High in AugustHedge funds have brought in an impressive $11.3 billion in August. In that month, the hedge fund industry reached a six month high. This shows that investors ha…

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Coach (COH): A ‘Buyback’ Favorite

Filed in Bank Gold, economy, lead, outperform by on October 4, 2010 0 Comments
Coach (COH): A ‘Buyback’ Favorite

Filed under: Newsletters , Coach Inc (COH) , Stocks to Buy “Our recommendations center on a collection of five stocks that we believe, as a group, will outperform the market this month; our portfolio is beating the S&P 500 by more than 58% since its inception in 2000,” notes David Fried . The editor of The Buyback Letter explains, “High-end accessories retailer, Coach ( COH ), is a new addition to this portfolio. “The company is a leading American marketer of fine accessories and gifts for women and men. Even in a struggling economy, apparently luxury sells, as long as you’re stocking the right premium products. Continue reading Coach (COH): A ‘Buyback’ Favorite Coach (COH): A ‘Buyback’ Favorite originally appeared on BloggingStocks on Mon, 04 Oct 2010 12:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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The ONLY Reason Stocks Have Rallied This Month

Filed in Debt, Gold Investing, Quantitative Easing, silver by on September 27, 2010 0 Comments

The ONLY Reason Stocks Have Rallied This Month The Fed generally claims that it stopped its first Quantitative Easing (QE) program back in March 2010 and that there were no additional debt monetizations between then and the announcement of its QE lite …

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Tjhe Week In Review And A Look Ahead: Part 2 of 3 « BullMarketRun

Filed in African Gold, Bank Gold, Gold, Private Placement by on September 26, 2010 0 Comments

It was an important week for Gold Bullion as the company announced it has arranged its largest financing ever, a $6 million non-brokered private placement at 54 cents…each of the approximate 11 million units includes a half warrant at 75 … and some key players get positioned in the stock at a favorable price (earlier this month GBB hit an all-time high of 79 cents)…the stock has stabilized and has tremendous technical support in the low 50’s where rising 50 and 100-day …

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Is Gold Top Performing Metal in September?

The continual record-breaking performance of gold prices has obscured the smaller cousin of gold – silver, but for the month of September, even with the upward movement of gold, silver has so far outperformed it. Silver investors have been expecting and waiting for this for some time, as the gold/silver ratio wasn’t performing as it has historically, having a much wider spread in the favor of

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Sarcastic Apology Rap

Filed in Gold Investing, silver by on August 16, 2010 0 Comments

Here’s a the latest music video from Noize MC, aka Ivan Alexeyev, the Russian rapper who was arrested earlier this month and jailed for 10 days for insulting the police during one of his performances. Once again, Alexeyev targets Russia’s…

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