Friday, May 25, 2012

Natural Gas Rig Count FALLS by 6 to 594

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The front futures are down 10.3 cents at $2.544 and down 20.5 cents since we posted Natural Gas Rig Count UP in Latest Week and "It...

"Facebook’s stock should trade for $13.80" (FB)

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Alrighty then. So far we've got a $29, a $22, a $7.50 and now this, from MarketWatch: Commentary: Here’s a fair-price calculation for ...

"Spain: A Very Different Fiscal Crisis"

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From Political Calculations: Having looked at how Greece arrived at its current crisis, we thought we'd turn to the next country that...

Bacon Self-Portrait May Fetch More Than $30 Million

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Not this: But this:   From Bloomberg: A Francis Bacon self-portrait is estimated to raise more than 20 million...

UPDATED--Henry Blodget, Morgan Stanley and Facebook (FB)

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Update below. Original post: I owe someone a hat tip on this, I'll figure out where we got it and come back with the link. From Busin...

"Lawmaker calls for peace talks between deceased Arafat, comatose Sharon"

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From The Hill: Rep. Joe Pitts (R-Pa.) is seeing his foreign policy credentials come under fire after calling for Middle East peace negoti...

Hurricane Watch: More on NOAA's 2012 Forecast

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Jeff Masters at Wunderblog gets into some of the details of NOAA's Thursday release: ...The forecasters cited the following main facto...

"Facebook Stock is Worth $7.50 a Share at Best" (FB)

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That's the lowest valuation we've seen to date. On the other hand the thirteen-fold increase in the private stock price over the la...

Limits to Growth: Is the U.S. Economy Running at Max Growth Rate?

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We've pointed out that it is taking more and more dollars of deficit spending to get a dollar of GDP growth, here's another angle. ...
Thursday, May 24, 2012

"Study Finds Germans Incapable of Enjoying Life"

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There goes the whole stereotype of the Happy-Go-Lucky-German. From Der Spiegel:   Defective Joy Gene  Cor...

"Icahn, BlackRock Bullish on Chesapeake; Shares Rise" (CHK)

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The stock is up another 37 cents (2.37%) in late afterhours trade. From CNBC : Chesapeake Energy shares soared late in trading Thursday ...

Hurricane Watch: NOAA Releases Their 2012 Forecast

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We'll have more on the upcoming season next week. There is reason to think we might see a couple big landfalling storms after the long ...

Structured Warrents Indicate Facebook at $22 by Year End (FB)

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The stock is up 33 cents at $32.33. From Bloomberg: Facebook at $22 Seen in Europe’s Structured Warrants Facebook Inc. (FB) may fall m...

PBS Frontline: Jon Corzine's $6,000,000,000 Bet at MF Global

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From Frontline : Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE. Also at Frontline: THE LATEST Li...

"Mark Cuban Buys 150K Facebook Shares For 'Trade,' 'Not An Investment' (FB)"

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The stock is down 9 cents at $31.91. From Savitz at Forbes: Billionaire investor Mark Cuban disclosed at the tail-end of a lengthy blog p...

EIA Weekly Natural Gas Storage Report: UP 77 BCF

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That's in line with the estimates we saw yesterday (Platt's 75-79, Bloomberg 76, Reuters 76) and a bit below year ago injections. T...

Cover Moment: "‘The death of equities’… again?"

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The writer nails an often misreported part of the story, more after the jump, From FT Alphaville: Thursday’s FT declares “the end of a s...

Natural Gas: "Chesapeake Raises Big Bet in Ohio" (CHK)

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From the Wall Street Journal: Aubrey McClendon, CEO of Chesapeake Energy Corp., CHK   -2.92% once described oil burie...

Coming to a Country Near You: “Youth Unsuitable for Any Employment”

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If you look at the nihilistic 'entitled' folks applying for positions you could quickly despair for the future. From The Scotsman: ...

Soros-backed Westport Innovations Making Major PR Push (WPRT)

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 We like the industry but take a jaundiced view of hype-n-tout. Today the pitch is " Westport to Ring NASDAQ Closing Bell and Holds I...