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I'm down for 2300.. let's do it..
WHERE the fuck is everyone else.. ugh..
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Oshkosh Truck (OSK) +29% premarket after scoring a $1.06B order from the DoD for all-terrain trucks to protect troops in Afghanistan from roadside bombs.
from SeekingAlpha.com: Market Currents by SeekingAlpha
Oshkosh Truck (OSK) +29% premarket after scoring a $1.06B order from the DoD for all-terrain trucks to protect troops in Afghanistan from roadside bombs. 1 comment!
- I thought they made childrens clothing?? WTF>
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UGH.. get ready for $4.00/gallon again. :(
9:24 AM (42 minutes ago)
Why did China raise fuel prices to record levels?
from BloggingStocks by Connie Madon
Filed under: International markets, China, Commodities, Oil
Why did China raise its gasoline and diesel prices? Beijing has a pricing policy that uses a 22-day moving average of crude oil. With the price of crude oil trading at around $71 per barrel, China felt it necessary to raise the price of gasoline and diesel fuel 9% and 10%, respectively. This will raise the price of a gallon of gasoline to $3.00 per gallon, compared with the U.S. price of $2.66 a week ago, according to Reuters news service.
With economies around the world gaining ground this quarter, it follows that demand for crude oil is also increasing. So far we've seen a doubling of oil prices since last February. The main concern is, given the pace of recovery, is there a point where demand for crude oil and gasoline will taper off. If so, we may be looking at an intermediate top in oil prices. However, if world economies continue to improve, crude oil could move to $75 to $80 per barrel.
HEY OBAMA.. I thought you weren't going to let this happen??? OH right, Change for Obama basically just means spend more money.
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Oh, yah and I do get a head cover for my putter.. something I don't normally use but hey, it comes with it so we'll see how long before I lose it. :)
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hahahahah
This can't be good..
American Apparel Workers Cited
from WSJ.com: What's News US
U.S. immigration officials said about one-third of American Apparel's Los Angeles work force isn't eligible to work in the country.
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Something's fishy at UBS
from BloggingStocks by Mark Fightmaster
Filed under: Law, Scandals
Reportedly, Swiss bank UBS (NYSE: UBS) "systemically and deliberately" violated U.S. law by dispatching private bankers in America to recruit citizens interested in evading taxes.
UBS is now being forced by the Justice Department to reveal the identities of the 52,000 clients. This filing asks that the U.S. District Judge (Alan S. Gold) hold UBS accountable for conducting years of illegal business in the U.S. This business reportedly earned UBS more than $100 million in fees, while costing the U.S. "hundreds of millions" of dollars in unpaid taxes.
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Dow 8,545.85 +98.85 (1.17%)
S&P 500 928.87 +9.55 (1.04%)
Nasdaq 1,855.89 +20.85 (1.14%)
10y bond 3.53% +0.03 (0.86%
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Paramount Pictures (VIA) is looking to merge its home entertainment unit with a rival and is in advanced talks with Sony Pictures (SNE) and Fox studio (NWS).
from SeekingAlpha.com: Market Currents by SeekingAlpha
Paramount Pictures (VIA) is looking to merge its home entertainment unit with a rival and is in advanced talks with Sony Pictures (SNE) and Fox studio (NWS). Post your comment!
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Why are we the only 3 people posting?? WTF>
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cuz everybody else are a bunch of queers
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FUCK YA!! That's what I'm talking about..
In 2009 BMW may reclaim its title as the most popular luxury brand in America. For eight straight years BMW has wound up in second place with Lexus taking the top spot.
With automakers reporting June sales tomorrow some numbers are already in and a quick comparison shows BMW ahead of Lexus by a slight margin. At the half-way point in the year Lexus has total sales of 73,186 units, compared to BMW’s 76,819 units.
Despite the popularity of BMWs, being at the top of the heap is not something the German automaker is familiar with. In fact, the only other time BMW was the sales-leading luxury maker was back in 1997.
Lincoln held the title in ‘98 and Mercedes clinched it in ‘99, with almost every year before then (back until 1946) attributed to Cadillac.
Sales of Lexus vehicles have decreased this year at a rate consistent with the market, with overall volume down 37.2 percent. BMW, however, is suffering slightly less with a sales decline of just 30.5 percent.
According to market share percentages the race is too close to call as both the German and Japanese luxury automakers can claim 1.9 percent of the overall U.S. market.
While BMW is ahead, Lexus may still give the German automaker a run to the finish as it is launching several higher-volume models this year including the convertible version of the IS sedan and the HS250h hybrid.
[Source: Automotive News]
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ummmmmmmmmmm. eew WTF GM.. Seriously someone needs to off that company for good..
The upcoming Chevy Volt plug-in hybrid will be a sporty alternative to Japanese hybrids says the car’s chief engineer. Andrew Farah let this juicy bit of info slip on a recent chat session on GM’s official FasLane blog.
“Our chassis is much more sporty than either of the other vehicles,” said Farah, referring to the Honda Insight and Toyota Prius. One-upping a Toyota in a performance contest isn’t exactly something to brag about and while Honda usually makes an excellent handling car, the new Insight is not a usual Honda and even rides on a rear suspension setup that is only “semi-independent.”
Perhaps the extra sportiness of the Volt will help to justify its expectedly high price-point.
Farah also let slip some other info about the car. He confirmed that the battery port for recharging the lithium-ion battery pack (which has a life expectancy of 10 years) has been relocated from the fender trim to where the gas cap would typically be.
Farah also said that the Volt will be undergoing hot weather testing this summer “out west,” so to everyone in Phoenix, we suggest you keep your cell phone cameras ready.
http://www.autoguide.com/gallery/gal...2_itemId=60444
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Nice........
Pending home sales up for 4th straight month
But gain in Realtors' index could be tempered by complications in appraisal process.
EMAIL | PRINT | SHARE | RSS
By Les Christie, CNNMoney.com staff writer
July 1, 2009: 10:03 AM ET
ROAD TO RESCUE
Manufacturing up for 6th straight month
Pending home sales up for 4th straight month
Tax hikes and cutbacks: States crunched
New Orleans: Fastest growing city in the U.S.
Battle lines over Obama consumer agency
Current Mortgage Rates
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NEW YORK (CNNMoney.com) -- Home sales continued their modest upward swing in May, according to a closely watched industry report that rose for the fourth straight month for the first time in nearly 5 years.
The Pending Home Sales Index, reported Wednesday by the National Association of Realtors (NAR), rose 0.1% during the month. The index was up 6.7% compared with May 2008. It was the first four-month runup in the pending sales measure since October 2004
Industry prognosticators had forecast no growth at all in the index for the month, according to Briefing.com, expecting it to settle back after ramping up 6.7% in April.
But the rise in sales contracts may not yield a like increase in completed sales, according to Lawrence Yun, chief economist for NAR.
"Closed existing-home sales have improved but are coming in lower than expected because some contracts are delayed or falling through from the application of new appraisal rules for many transactions," he said.
Many industry insiders have complained that home appraisals are being too often based on values of foreclosed properties, which sell for significantly less than the homes of ordinary sellers.
The banks that have repossessed the foreclosed homes are anxious to sell and accept offers at large discounts than comparable homes not in foreclosure.
"We see that distressed homes often are selling for 20% less than normal homes in the same area, but some appraisals don't distinguish between traditional homes and distressed property," said NAR President Charles McMillan, a broker in Dallas-Fort Worth.
Overall, home sales are still slow, about a third below the peak years of 2005 and 2006, despite huge drops in home prices.
NAR's Housing Affordability Index remains near historic highs, although it declined in May to 171.6 from 178.8 a month earlier. That was the high point for the index, which dates back to 1970.
"Under these conditions the typical family would devote only 14.6% of gross income to mortgage principal and interest, which is one of the lowest percentages on record," said Yun.
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Seriously.. Didn't we have ENOUGH from GEO?? Cause that did so well..
General Motors May Sell Rebadged Prius
by Colum Wood
General Motors May Sell Rebadged Prius
Toyota may share a version of its Prius hybrid with General Motors according to a recent report by Bloomberg. Sources say Toyota President Akio Toyoda and GM CEO Fritz Henderson will meet in August in Michigan to discuss the possibility of selling a version GM-badged Prius - or possibly using Toyota hybrid technology to build [...] more
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