News Sources wrote an interesting post today on
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E*Trade Financial Corp. ( ETFC ) today completed a previously announced at-the-market common stock offering worth $150 million. The company sold approximately 80.2 million shares at an average price of $1.87 per share. The offering resulted in proceeds of $147 million, net of commissions and offering expenses. In an at-the-market offering, a company sells shares at market prices over an extended course of time instead of selling all shares straight away at a fixed price. Sandler O’Neill &

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News Sources wrote an interesting post today on
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The market appears to be doing much better this week. The Dow is up nicely into the 8,500s, the Nasdaq has risen nicely well into the mid-1800s, and the S&P slowly closing back up through the 900s. The headlines on Yahoo’s financial page going into the afternoon mostly read optimistically: Strong Results At Intel Pull Stocks Sharply Higher Credit Card Defaults Up Less Than Expected Oil Above $61 As US Supply Falls Even somebody as deeply entrenched in the bear camp as I am has

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Random Feed wrote an interesting post today on
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Key comments from President Barack Obama address last night, before a joint session of Congress, need to examined so we may get a better understanding of the President’s thinking and the direction in which he would like to take the economy. Selected excerpts of his speech are below with comments by me, under each excerpt. The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank. We have known fo

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