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							<pubDate>Wed, 19 Jun 2013 09:00:03 EDT</pubDate>
							<lastBuildDate>Wed, 19 Jun 2013 09:00:03 EDT</lastBuildDate>
							<category>Stocks</category>
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							<image><url>http://ewallstreeter.com/images/stocks.jpg</url><title>eWallstreeter</title><link>http://ewallstreeter.com/</link></image>
							<item><title>Obama Stresses G-8 Agreement on Syria</title>
								<link>http://ewallstreeter.com/obama-stresses-g-agreement-on-syria-3365/</link>
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								<description><![CDATA[Obama said all members of the G-8, "including Russia," agreed on the need for a transitional governing body in Syria to enable a political transition and an end to the bloody civil war.]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 08:31:00 EDT</pubDate>
							</item><item><title>UPDATE 2-EU fines Lundbeck and others 146 mln euros for blocking rival drugs</title>
								<link>http://ewallstreeter.com/update-eu-fines-lundbeck-and-others-mln-euros-for-blocking-rival-drugs-6692/</link>
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								<description><![CDATA[BRUSSELS, June 19 (Reuters) - European antitrust regulators fined nine drugmakers, including Denmark's Lundbeck, a total of 146 million euros ($195 million) for blocking the supply of a cheaper...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 08:24:42 EDT</pubDate>
							</item><item><title>FedEx Reins in Expectations</title>
								<link>http://ewallstreeter.com/fedex-reins-in-expectations-2587/</link>
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								<description><![CDATA[FedEx's earnings were weighed down by restructuring charges in the latest quarter, and the shipping company reined in expectations amid weakness in international package volume.]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 08:22:00 EDT</pubDate>
							</item><item><title>UPDATE 2-Austria's Alpine Bau goes bust, Spain's FCC takes hit</title>
								<link>http://ewallstreeter.com/update-austria-s-alpine-bau-goes-bust-spain-s-fcc-takes-hit-5244/</link>
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								<description><![CDATA[* FCC shares fall 5.9 pct (Combines stories, adds work council head, market reaction)]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:59:52 EDT</pubDate>
							</item><item><title>Exelis - Dividend Payer With 30% Upside</title>
								<link>http://ewallstreeter.com/exelis-dividend-payer-with-upside-3341/</link>
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								<description><![CDATA[By Ben Homan:Exelis Inc. (XLS) is an aerospace &amp; defense company that was spun off from ITT Corp (ITT) on October 31, 2011. The full company background can be found here.In this article, I will attempt to show that Exelis is undervalued due to several reasons.
  Continued strong order log
  Financial improvements due to restructuring
  Strong international presence
  Good management

  Strong Order Log
Of course, the primary issue when examining the Aerospace &amp; Defense industry is the effect of sequestration on revenues. Exelis claims that it has not been given any guidance regarding sequestration (discussed in most recent earnings call here). This is corroborated by an article discussing comments from Lockheed Martin's (LMT) CEO found here.Upon examination of the most recent budget projections from the Congressional Budget Office, the figures for spending on defense are expected to continue to increase from $582B in 2014 to $724B inComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:54:41 EDT</pubDate>
							</item><item><title>MannKind: Facts And Fundamentals Over Fiction And Fear</title>
								<link>http://ewallstreeter.com/mannkind-facts-and-fundamentals-over-fiction-and-fear-4873/</link>
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								<description><![CDATA[By George Rho:Rumors, speculation, profit taking and other exogenous events can certainly influence the trajectory of a stock price, as stockholders in MannKind Corporation (MNKD) painfully experienced in Tuesday's wild trading session. Ultimately, however, the fundamental driving force for any stock is the company's fundamentals. And in this regard, nothing seems to have changed at MannKind despite the stock's sharp fall in price, on record-setting volume of 37.9 million shares. On the contrary, if anything, the small biotech is inching ever closer to getting its innovative inhaled insulin product, Afrezza, on the market.
  A Plethora of Reasons for the Plunge
The already-volatile shares of MannKind started falling soon after the market opened on Tuesday. The descent accelerated with each passing minute and the shares were down as much as 24.4% within the first hour of trading. It's almost always impossible to know with any degree of precision what's moving a stock. WallComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:44:26 EDT</pubDate>
							</item><item><title>Jos A. Bank: Buy One Share And Get Two Free</title>
								<link>http://ewallstreeter.com/jos-a-bank-buy-one-share-and-get-two-free-3493/</link>
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								<description><![CDATA[ByMoney Investor:Jos A. Bank (JOSB) for all intents and purposes is a troubled men's clothing retailer if all you do is read the headlines with regards to earnings misses. Unfortunately, that previous sentence said misses with a plural connotation for a reason. The company has provided two straight quarterly reports that completely missed expectations and disappointed investors. While many investors have sounded the alarm and abandoned ship based on the price action seen recently, this could prove to be the case of being too quick to pull the trigger for those who have dumped their shares. Specifically, there are multiple potential catalysts that could drive meaningful upside for shares in the near term. The company is still growing its store count and its direct marketing business which should drive additional operating leverage going forward. The company is also moving into the tuxedo rental business which is not yetComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:30:00 EDT</pubDate>
							</item><item><title>Britain's FTSE down in choppy trade ahead of Fed</title>
								<link>http://ewallstreeter.com/britain-s-ftse-down-in-choppy-trade-ahead-of-fed-4254/</link>
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								<description><![CDATA[LONDON, June 19 (Reuters) - Britain's top shares edged lower by midday on Wednesday and investors were reluctant to make bets before U.S. Federal Reserve Chairman Ben Bernanke provides clarity on...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:23:54 EDT</pubDate>
							</item><item><title>Langone's 'Superb' Investment Opportunities</title>
								<link>http://ewallstreeter.com/langone-s-superb-investment-opportunities-4143/</link>
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								<description><![CDATA[Ken Langone, Invemed Associates chairman and president, reveals where he is finding opportunities in public markets and private sectors.]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:12:00 EDT</pubDate>
							</item><item><title>GM Sticks to China Growth Plan</title>
								<link>http://ewallstreeter.com/gm-sticks-to-china-growth-plan-2705/</link>
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								<description><![CDATA[General Motors is sticking to its plan to quadruple its share of the Chinese market for luxury vehicles by the end of this decade, even as it acknowledged a slowdown in the market and increasing risks there.]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:06:00 EDT</pubDate>
							</item><item><title>Penn Virginia: Strong Value Upside Driven By Quality Of Eagle Ford Assets</title>
								<link>http://ewallstreeter.com/penn-virginia-strong-value-upside-driven-by-quality-of-eagle-ford-assets-6629/</link>
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								<description><![CDATA[ByRichard Zeits:Penn Virginia (PVA) stock has gained 16% since the company announced its acquisition of Magnum Hunter's (MHR) Eagle Ford properties and highly successful $775 million debt refinancing (the stock closed at $4.64 on June 17, up $0.64 from the closing price of $4.00 on April 9). However, the move translates to only a small change in the company's enterprise value (less than 3%), leaving the stock's risk/reward profile and valuation thesis largely intact.(click to enlarge)(Source: Yahoo Finance)The Magnum Hunter transaction was indeed a transformational - and very daring - strategic move by Penn Virginia that redefined the company's operational complexion and valuation. Penn Virginia has emerged as a focused Eagle Ford pure play with a high-quality, concentrated acreage position in what increasingly appears to be the continuation of the core area of the volatile oil window in Gonzales and Lavaca Counties. Despite the company's extremeComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 07:00:00 EDT</pubDate>
							</item><item><title>Microsoft And The Gaming Console Battle</title>
								<link>http://ewallstreeter.com/microsoft-and-the-gaming-console-battle-3596/</link>
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								<description><![CDATA[ByHarlan Kessler:The two major gaming players, Microsoft (MSFT) and Sony (SNE), are releasing their new consoles, Xbox One and PS4 respectively, in time for the start of the 2013 holiday shopping season. Demand is already high and Amazon (AMZN) is sold out on pre-orders of the launch edition. The early pre-order data shows that the PS4 is outselling the Xbox One by approximately 2:1.A Wedbush Securities analyst expects Sony will sell 12-15 million PS4s in its first year, while Microsoft will sell 9-10 million Xbox Ones, approximately 25% less. Also of note, the PS4 is priced at $399, $100 cheaper than its rival which is selling for $499. The price differential is slightly misleading because the Xbox One is already equipped with the Kinect sensor, whereas the PS4 motion sensor called the PS4 Eye Camera has to be bought separately for $59.99. The PS4 will allow users to useComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:48:47 EDT</pubDate>
							</item><item><title>ETFs to Watch June 19, 2013 (FAZ, IBB, TBT)</title>
								<link>http://ewallstreeter.com/etfs-to-watch-june-faz-ibb-tbt-2907/</link>
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								<description><![CDATA[Here is the ETF Professor&#039;s ETF Watch List for Wednesday, June 19, 2013.

The iShares Gold Trust (NYSE: IAU) will certainly be in focus.

The Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) is worth a look.

The  ETFS Physical Platinum Shares (NYSE: PPLT) is worth considering.

Give the iShares Nasdaq Biotechnology (NASDAQ: IBB) a try.

Emerging ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:37:14 EDT</pubDate>
							</item><item><title>Myriad Genetics' Wild Ride: False Assumptions Whipsaw Stock</title>
								<link>http://ewallstreeter.com/myriad-genetics-wild-ride-false-assumptions-whipsaw-stock-5477/</link>
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								<description><![CDATA[By Joshua Anderson:If you're a stockholder of Myriad Genetics (MYGN) you're probably feeling a little queasy right now and wondering why the stock is now falling fast after initially reacting positively to Thursday's Supreme Court Decision. After all, the ruling in Association for Molecular Pathology v. Myriad Genetics Inc. was exactly what most observers and analysts expected. A reasonable investor would think that this outcome would already be factored into the stock price, but most analysts were sticking to their outperform ratings on the stock after the decision, only to reverse course and downgrade the stock after it fell in Thursday and Friday's sessions.So what went wrong? Where was the disconnect between what the Street expected and what actually happened? More importantly, does the Street now have Myriad priced correctly, or are there more surprises ahead?I'm going to be honest and forthright here. I was happy to see the stockComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:34:59 EDT</pubDate>
							</item><item><title>Gevo: A Fundamentally Sound Company With The Potential For A Triple</title>
								<link>http://ewallstreeter.com/gevo-a-fundamentally-sound-company-with-the-potential-for-a-triple-6085/</link>
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								<description><![CDATA[ByDallas Salazar:Tuesday GEVO Inc. (GEVO) took a major step forward in it's plans to become an industry leader in the biofuels and renewable chemicals sector by announcing it has resumed commercial production of isobutanol, a versatile chemical that can be directly integrated into existing chemical and fuel products to deliver environmental and economic benefits, at its Luverne Minnesota plant. They company is now operating in "Single Train Mode" which successfully operates and utilizes the company's proprietary GEVO Integrated Fermentation Technology or GIFT.This marks the first time the company has successfully run the technology at full scale and after months of testing using sugar solutions the company has fully validated the technology. Not only have they now solved the long running issue of being able to run GIFT full scale but they have also now learned to control and fully manage the microbial contamination in their plant that caused the initialComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:30:08 EDT</pubDate>
							</item><item><title>Red Hat: Take Advantage Of Investors Being Offsides For 10%+ Move This Week</title>
								<link>http://ewallstreeter.com/red-hat-take-advantage-of-investors-being-offsides-for-move-this-week-6447/</link>
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								<description><![CDATA[ByJosh Burwick:Red Hat (RHT) has gotten drubbed this past quarter down 8% since they last reported and is massively underperforming the overall market, down 14% year-to-date. RHT has been a targeted enemy and victim of Amazon (AMZN) Web Services' (aka AWS) improved standing and last quarter's billings shortfall threw gas on the fire. The billings shortfall was misleading given the nature of long-term deals booked by its direct sales force. While AWS's impact on all of technology is irrefutable given its size, scale, and increasingly enterprise-level quality, the near-term impact on RHT is exaggerated. Brokers have taken to downgrading the stock en masse with two high profile brokers cutting their ratings this quarter alone. Checks on RHT this quarter are solid, the bar is low, comps are easier, and the stock is trading well below its 3 and 5 year averages. Shorts have gathered on this name as a derivative play                   Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:30:00 EDT</pubDate>
							</item><item><title>Benzinga Market Primer: Wednesday, June 19: FOMC Edition</title>
								<link>http://ewallstreeter.com/benzinga-market-primer-wednesday-june-fomc-edition-4882/</link>
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								<description><![CDATA[Free &amp; Live Event: Join our very own Nic Chahine for a for a webinar tonight to discuss how to boost your weekly income using credit spreads. Click here to secure your spot now!

Futures Tick Higher Ahead of Fed

U.S. equity futures traded slightly higher ahead of the much anticipated Federal Reserve meeting Wednesday. With rumors of tapering, not tapering, and Chairman Bernanke stepping down, all eyes will be on the policy statement, the revised forecast, and the chairman&#039;s press conference.

Top News
In other news around the markets:

 Japan&#039;s exports grew 10.1 percent from a year ago in May with exports to the U.S. rising over 16 percent. Cyprus&#039; President has asked the European creditors to revise the terms of its bailout as the nation&#039;s banks face a cash crunch. The restructuring of one of the nation&#039;s largest banks is taking longer than expected, causing a short-term liquidity crunch in the island nation. Concerns over deficits in Greece rose again overnight as the Troika announced concerns over the finances of Greece&#039;s national health system. S&amp;P 500  futures rose 2.3 points to 1,647.50. The EUR/USD was flat at 1.3390. Spanish 10-year government bond yields rose 1 basis point to 4.56 percent. Italian 10-year government bond yields rose 1 basis point to 4.3 percent. Gold climbed 0.04 percent to $1,367.40.

Asian Markets
Asian shares were mixed overnight as strength in Japan was offset by weakness in other parts of the region. The Japanese Nikkei 225 Index rose 1.83 percent and the Topix Index gained 1.86 percent. In Hong Kong, the Hang Seng Index declined 1.13 percent while the Shanghai Composite Index fell 0.62 percent in China. Also, the Korean Kospi ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:28:38 EDT</pubDate>
							</item><item><title>Columbia Sportswear: You Can Buy The Clothes But Not The Stock</title>
								<link>http://ewallstreeter.com/columbia-sportswear-you-can-buy-the-clothes-but-not-the-stock-5587/</link>
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								<description><![CDATA[ByMoney Investor:Columbia Sportswear (COLM) is a US-based leading manufacturer and distributor of outerwear and sportswear clothing. There is a very good chance that if you have ever engaged in either cool weather or hot weather sports, such as skiing or fishing, you have worn Columbia clothing. Columbia has been a publicly traded company since 1989 and is one of the better known providers of outerwear clothing today in all of retail. Competition in this segment of the retail industry has become fierce in recent years due to a number of factors. Under Armour (UA) has moved beyond the initial stage of being just a provider of athletic apparel as the brand popularity has exploded, with product offerings now encroaching on a segment once dominated by Columbia. Nike (NKE) continues to be the 800lb gorilla in the sports apparel industry, and thus has the ability to offer a valueComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 06:00:00 EDT</pubDate>
							</item><item><title>The Best Part Of Growth For C&#x26;J Energy Services Is Over</title>
								<link>http://ewallstreeter.com/the-best-part-of-growth-for-c-j-energy-services-is-over-4758/</link>
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								<description><![CDATA[By Faisal Humayun: C&amp;J Energy Services (CJES) is yet another company that has benefited from the oil and gas sector boom in the United States. More specifically, C&amp;J Energy is a shale gas play with the company primarily providing hydraulic fracturing fleets. This investment thesis looks into the past growth, current valuations and the future growth prospects for C&amp;J Energy to conclude that the most robust part of growth for the company might be over. Before discussing the growth prospects for the business and the industry, I would like to give a brief overview of the business and the historical financials.
  Company Overview
C&amp;J Energy is a provider of hydraulic fracturing, coiled tubing, wire-line and other complementary services to the oil and gas industry in the United States. The company operates in three reportable segments: Stimulation and Well Intervention Services, Wire-line Services and Equipment Manufacturing. For the year ended December 31, 2012, hydraulicComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:59:08 EDT</pubDate>
							</item><item><title>Ford: Opportunities Exist In South America, Asia And Africa</title>
								<link>http://ewallstreeter.com/ford-opportunities-exist-in-south-america-asia-and-africa-5334/</link>
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								<description><![CDATA[By Jacob Steinberg:Ford (F) is a resilient company that has overcome odds many times in its history. The times Ford performed the best in history were usually preceded by times it performed the worst. We are talking about an American icon that doesn't give up after facing challenge after challenge. While things are somewhat tough for Ford outside of North America for the time being, the company has the capability to turn those challenges into opportunities and make an impact worldwide.Most people remember how in 2009 GM (GM) and Chrysler were going out of business and it was widely thought the government would extend them a large loan so that they could survive. Everyone was surprised when the government decided to buy the two companies instead of lending them money. Not only was the government buying these two companies, but it was supporting them and changing the rules of theComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:54:27 EDT</pubDate>
							</item><item><title>IPO Preview: Bluebird Bio</title>
								<link>http://ewallstreeter.com/ipo-preview-bluebird-bio-2215/</link>
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								<description><![CDATA[By IPOdesktop: Based in Cambridge, MA, bluebird bio (BLUE) scheduled a $75 million IPO with a market capitalization of $314 million at a price range mid-point of $15, for Wednesday, June 19, 2013.Four other new IPOs are scheduled for the week of June 17th. The full IPO calendar is here.
  S-1 filed June 4, 2013
  Manager, Joint Managers: J.P. Morgan; BofA Merrill Lynch
  Co Managers: Cowen; Canaccord Genuity; Wedbush PacGrow Life Sciences

  SUMMARY
BLUE is a biotech specializing in CAR T-cell therapy (see below). CAR T-cell therapy represents a promising, emerging approach to treating cancer. Blood is withdrawn from a patient and the T-cells are then extracted from a patient's blood. These cells are then genetically modified to recognize and attack cancer cells and then re-introduced into the patient's blood. The patient's genetically modified cells are intended to bind to and kill the target cancer cells.In October 2012,Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:33:45 EDT</pubDate>
							</item><item><title>Failed Titanic Sale Won't Sink Premier Exhibitions</title>
								<link>http://ewallstreeter.com/failed-titanic-sale-won-t-sink-premier-exhibitions-4628/</link>
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								<description><![CDATA[By Whopper Investments:Quick Summary: Selling ahead of Sellers Capital liquidation and disappointment from the failed Titanic asset sale have pushed Premier Exhibitions (PRXI) to level well below any conservative estimate of breakup value. With the exhibition segment's turnaround well underway, as well as an eventual Titanic sale, long-term investors are offered an opportunity to invest at a meaningful discount. Anyone who's read Joel Greenblatt's "You Can Be A Stock Market Genius" knows that spin-offs are one of the best places to look for value opportunities. There are a variety of reasons, but there's one specific one that is often lost: large institutions often sell spin-offs without any regard to their underlying value. This "forced" selling drives the spin-off price way below fair value, creating an opportunity for investors willing to step up and buy shares in the face of that forced selling. The same principle can be applied                               Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:30:00 EDT</pubDate>
							</item><item><title>Bargain Among Bargains: IDT Is More Likely 80%+ Below Intrinsic Value</title>
								<link>http://ewallstreeter.com/bargain-among-bargains-idt-is-more-likely-below-intrinsic-value-5954/</link>
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								<description><![CDATA[By Carbondale Capital:After our Alpha-Rich article came out last week, several readers pointed out that we had underestimated the value of one of IDT's (IDT) hidden assets, Fabrix. As IDT is significantly undervalued excluding Fabrix altogether, we had simply valued Fabrix the same way IDT did when they recently acquired a larger stake in the company.Upon further review, we agree IDT purchased more shares in a sweetheart deal and thus our valuation of Fabrix was unreasonably conservative. In the interest of correcting this error, we are releasing this follow-up article with our revised analysis and valuation for the company. We stand by our analysis of every other asset and business within IDT.Fabrix produces a network appliance &#40;NAS&#41; specialized for storage. This high-quality unit is blazing fast, capable of storing petabytes of data, and can be bundled with optimized add-ons for big-data applications. For example, Fabrix can come prepackaged withComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:13:12 EDT</pubDate>
							</item><item><title>Does IBM Have A Chance With The Open Cloud Adoption?</title>
								<link>http://ewallstreeter.com/does-ibm-have-a-chance-with-the-open-cloud-adoption-4429/</link>
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								<description><![CDATA[ByAdetokunbo Abiola:IBM (IBM) has announced the plan to support the Kernel-based Virtual Machine Technology. The initiative is to speed up the adoption of the open cloud and the open virtualization network across the enterprise sector. In this article, I want to show how a rise in the global cloud IP traffic will enable IBM to increase its cloud division revenues by 1% with the new open cloud strategy. This development will help IBM to improve the price multiples of its cloud division.Why will the IBM cloud division revenue show an improvement? The adoption of the cloud-based network is gaining an increased acceptance. According to Cisco Global Cloud Index, the global cloud IP traffic will increase six-fold over the next 5 years. The open cloud and the open virtualization sector is included in this trend. As a global leader in the open cloud and the open virtualization market, IBMComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 05:01:05 EDT</pubDate>
							</item><item><title>Cash In On The Critical Necessities With This Undervalued Stock</title>
								<link>http://ewallstreeter.com/cash-in-on-the-critical-necessities-with-this-undervalued-stock-5781/</link>
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								<description><![CDATA[By Mike the PhD:With the specter of rising rates scaring many investors these days, it's worth stepping back and looking at what kind of investments endure over time. The problem for investors looking for yield, but trying to avoid the damage of rising Fed rates, is that most of these investments are already priced very richly. As such, investors can benefit from looking beyond traditional dividend yielders like telecoms and utilities. One such time-tested, but overlooked investment play is infrastructure investments.Municipalities around the country facing big budget holes in the last few years have looked for opportunities to sell off parking lots, toll roads, even airports to investment funds which then own, and operate the assets charging consumers tolls and fees in the process. Unfortunately, there are relatively few of these infrastructure plays that are publicly traded. Most are owned by hedge funds or big banks.However, there is one notable exception:Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:50:20 EDT</pubDate>
							</item><item><title>The Financial Innovation Of Ashford Hospitality's Spin-Off</title>
								<link>http://ewallstreeter.com/the-financial-innovation-of-ashford-hospitality-s-spin-off-5405/</link>
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								<description><![CDATA[By Dane Bowler:On June 17th, Ashford HospitalityTrust (AHT) announced its intent to spin-off a high RevPAR portfolio consisting of 8 hotels and the option to acquire 2 more. The new company would be called Ashford Prime and trade under the ticker AHP. Owners of AHT are to receive a special taxable dividend of 1 share of AHP for each share of AHT near the end of the 3rd quarter. Based on the commentary in the associated conference call and the complete lack of a market response Tuesday, it would seem that the investment community does not know what to make of it. This article will provide clarity to the situation as well as insight on how to capitalize on the opportunity.Let us begin by detailing the pertinent aspects.
  The 2 companies post spin-off
AHP will consist of the following properties:
  (click to enlarge)
With over $140 of RevPAR inComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:38:54 EDT</pubDate>
							</item><item><title>Britain's FTSE retreats; Fed in focus</title>
								<link>http://ewallstreeter.com/britain-s-ftse-retreats-fed-in-focus-3296/</link>
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								<description><![CDATA[LONDON, June 19 (Reuters) - Britain's top shares fell on Wednesday with traders saying investors were shifting positions ahead of the conclusion of a U.S. Federal Reserve meeting which could give...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:32:42 EDT</pubDate>
							</item><item><title>Top 4 Small-Cap Stocks In The Diversified Investments Industry With The Highest EPS Estimates</title>
								<link>http://ewallstreeter.com/top-small-cap-stocks-in-the-diversified-investments-industry-with-the-highest-eps-estimates-8480/</link>
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								<description><![CDATA[Below are the top small-cap diversified investments stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year.

Solar Capital (NASDAQ: SLRC) is likely to earn $2.54 per share in the next year ending December, ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:31:59 EDT</pubDate>
							</item><item><title>Top 4 Stocks In The Small Tools &#x26; Accessories Industry With The Highest ROE</title>
								<link>http://ewallstreeter.com/top-stocks-in-the-small-tools-accessories-industry-with-the-highest-roe-6603/</link>
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								<description><![CDATA[Below are the top small tools &amp; accessories stocks on the NYSE and the NASDAQ in terms of return on equity.

The trailing-twelve-month return on equity at Lincoln Electric Holdings (NASDAQ: LECO) is 19.48%. Lincoln Electric&#039;s ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:30:03 EDT</pubDate>
							</item><item><title>Top 4 NASDAQ Stocks In The Heavy Construction Industry With The Highest Cash</title>
								<link>http://ewallstreeter.com/top-nasdaq-stocks-in-the-heavy-construction-industry-with-the-highest-cash-6752/</link>
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								<description><![CDATA[Below are the top heavy construction stocks on the NASDAQ in terms of cash.

Foster Wheeler AG (NASDAQ: FWLT) had $475.72 million in total cash and $144.74 million in total debt for the ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:28:54 EDT</pubDate>
							</item><item><title>Top 4 NASDAQ Stocks In The Specialty Retail, Other Industry With The Highest Dividend Yield</title>
								<link>http://ewallstreeter.com/top-nasdaq-stocks-in-the-specialty-retail-other-industry-with-the-highest-dividend-yield-8052/</link>
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								<description><![CDATA[Below are the top specialty retail, other stocks on the NASDAQ in terms of dividend yield.

United Online (NASDAQ: UNTD) has a dividend yield of 5.60%. United Online&#039;s ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:27:38 EDT</pubDate>
							</item><item><title>Stocks To Watch For June 19, 2013</title>
								<link>http://ewallstreeter.com/stocks-to-watch-for-june-2566/</link>
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								<description><![CDATA[Some of the stocks that may grab investor focus today are:

Wall Street expects FedEx (NYSE: FDX) to report its Q4 earnings at $1.96 per share on revenue of $11.44 billion. FedEx shares gained 1.03% to $100.50 in after-hours trading.

Adobe Systems (NASDAQ: ADBE) reported upbeat fiscal second-quarter earnings. Adobe shares jumped 5.21% to $45.62 in the after-hours trading session.

Analysts are expecting Actuant (NYSE: ATU) ...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:25:35 EDT</pubDate>
							</item><item><title>Celldex Turning Into A Compelling Immunotherapy Biotech</title>
								<link>http://ewallstreeter.com/celldex-turning-into-a-compelling-immunotherapy-biotech-5245/</link>
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								<description><![CDATA[By Stephen Simpson:"Shoulda, coulda, woulda" will probably be my investing epitaph. While there is no shortage of investment advice telling you that long-term investment success is predicated on developing a consistent method of evaluating stocks and sticking to your valuation guns, the consequences can be painfulA perfect case in point is Celldex Therapeutics (CLDX). I've always liked this development-stage biotech (and have written about it here and here...), but the price never seemed quite right to me. That "price discipline" has kept me on the sidelines as the stock has risen over 250% over the past year and 400% over the past two years, and the company has emerged as one of the most legitimate and interesting small/mid-cap immunotherapy biotechs.
  The Right Place At The Right Time
Cancer immunotherapy, most often meaning the use of specially-designed antibodies or cancer &quot;vaccines&quot; to target cancerous cells, has emerged as oneComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 04:05:11 EDT</pubDate>
							</item><item><title>IPO Preview: Regado Biosciences</title>
								<link>http://ewallstreeter.com/ipo-preview-regado-biosciences-2845/</link>
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								<description><![CDATA[By IPOdesktop: Based in Basking Ridge, NJ, Regado Biosciences (RGDO) scheduled a $75 million IPO with a market capitalization of $219M at a price range mid-point of $15, for Wednesday, June 19, 2013.Four other new IPOs are scheduled for the week of June 17th. The full IPO calendar is here.
  S-1A filed May 29, 2013
  
    Manager, Joint Managers: Cowen; BMO Capital Markets
  
  
    Co-Managers: Canaccord Genuity; Needham &amp; Company; Wedbush PacGrow Life Sciences
  

  SUMMARY
RGDO is a biopharmaceutical company with an anticoagulant blood thinner that would, if approved, compete with blood thinners such as heparin.The company plans to use the IPO funds to fund a Phase 3 clinical trial with 13,200 subjects, but RGDO has indicated no time estimate for completion.RGDO has no on-going collaborations.
  
    
      
        Valuation Ratios
      
    
    
      
        IPO Mrkt
      
    
    
      
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      annualizing March qtr
    
    
      
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Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:56:38 EDT</pubDate>
							</item><item><title>Triumph Group: The Growth Story Continues</title>
								<link>http://ewallstreeter.com/triumph-group-the-growth-story-continues-3909/</link>
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								<description><![CDATA[ByFusion Research:Commercial aircraft manufacturers' revenue is expected to reach high levels in 2013 due to an upsurge in the production rate, and because of the introduction of next-generation aircraft. The seven-year moving average of production is expected to go beyond 1,000 aircraft this year.A company like Triumph Group (TGI) that supplies aerospace structures and components to its aircraft manufacturing customers like Boeing (BA), Airbus, and Bombardier will benefit from this rise.
  (click to enlarge)
Source: 2013 Global aerospace and defense industry outlookAs shown in the figures above, there is a decrease in the number of orders the manufacturers will receive this year. However, backlogs are expected to grow continuously that will result in an uptick in production.
  Understanding Triumph
Triumph is a global leader in manufacturing and servicing of aerospace structures and components. This Pennsylvania based company serves commercial, military,Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:52:08 EDT</pubDate>
							</item><item><title>American Capital Agency's Dividend Cut Is Good News For mREIT Investors</title>
								<link>http://ewallstreeter.com/american-capital-agency-s-dividend-cut-is-good-news-for-mreit-investors-6361/</link>
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								<description><![CDATA[ByCorvetteKid:Forget about the after-hours rise in American Capital Agency's (AGNC) stock price in response to the Q2 dividend of $1.05 (down from $1.25). AGNC's dividend cut is good news for mREIT investors - not spectacular news, but definitely not bad news, either - and you can easily make the case that the storm has passed. AGNC cut its dividend in early-2012 and maintained it up to yesterday's announcement so barring seismic shifts in the financial markets, it appears it is once again one-and-done on the dividend cuts.AGNC management led by Gary Kain believes in transparency and stability. While dividend stability takes a backseat to book value preservation it is reasonable to assume that management cut the dividend to a level they feel they can maintain given the recent range and forecast for interest rates through early-2014. Some analysts had been looking for an armageddon-like cut in the dividend toComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:49:22 EDT</pubDate>
							</item><item><title>Applied Micro: Upcoming Catalyst Should Drive Significant Downside After Irrational Rally</title>
								<link>http://ewallstreeter.com/applied-micro-upcoming-catalyst-should-drive-significant-downside-after-irrational-rally-8410/</link>
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								<description><![CDATA[By Ashraf Eassa:Shares of Applied Micro (AMCC) have typically benefited from any and all hype surrounding the emergence of the micro-server product category for web and other dense workloads. The firm has been touting its upcoming X-Gene micro-server part, which has been delayed time and again, as the product that reinvigorated profitable growth to a business that has otherwise struggled to break even quarter after quarter. I have detailed in a series of posts (Part 1, Part 2, Part 3), how management continues to misdirect the Street regarding the potential competitiveness and timing of its &quot;wonder chip&quot;, and to this date the firm has not yet delivered in volume quantities its first generation 40 nanometer X-Gene part whose availability was promised for 2012 in 2011 (when in reality the first iteration of the design was not even finished until very late 2012). I believe that the recentComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:36:44 EDT</pubDate>
							</item><item><title>UPDATE 2-H&#x26;M says June sales rise after chilly second quarter</title>
								<link>http://ewallstreeter.com/update-h-m-says-june-sales-rise-after-chilly-second-quarter-5425/</link>
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								<description><![CDATA[* Shares up 2 pct, extend bounce from 6-month low (Adds analyst, background)]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:34:06 EDT</pubDate>
							</item><item><title>Investors Title Company Will Continue To Build Its Intrinsic Value With A Strong Housing Market</title>
								<link>http://ewallstreeter.com/investors-title-company-will-continue-to-build-its-intrinsic-value-with-a-strong-housing-market-8817/</link>
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								<description><![CDATA[By Tim Travis:For long-term value investors, the selling process often is one of the most difficult aspects of the investing process. The family-run Investors Title Company (ITIC) hit my radar in 2011, when the stock traded in the high $20's-low $30's and I began establishing a position. At that point in time, the company traded at a very sizeable discount to a reasonably liquid tangible book value, and this didn't even factor in the two company-owned office buildings and the land below it in Chapel Hill, North Carolina, which seem to be valued on the books below current market prices. Before long, the stock rallied to the mid-$40's and I sold because I had a plethora of other undervalued opportunities, but I clearly sold way too early, as the stock now trades around $70.60. While the stock is not as attractive as it was then, the business has evolved quite nicely andComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:31:09 EDT</pubDate>
							</item><item><title>H&#x26;M Plans Online Sales Push</title>
								<link>http://ewallstreeter.com/h-m-plans-online-sales-push-2390/</link>
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								<description><![CDATA[Swedish fashion retailer Hennes & Mauritz is expanding its online sales channels to include several new countries in 2014, as second-quarter net profit fell more than analysts had expected.]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:29:00 EDT</pubDate>
							</item><item><title>Danger Zone For This Week: Citigroup</title>
								<link>http://ewallstreeter.com/danger-zone-for-this-week-citigroup-3272/</link>
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								<description><![CDATA[By David Trainer:Citigroup (C) is in the Danger Zone this week and earns my Dangerous rating. Citigroup's stock has posted an impressive 20% rise thus far in 2013, but the stock's current price is simply out of touch with reality. As the market bulls continue to look to rising interest rates as a sign of future strength for Citi, they ignore the fundamentals of the market and of Citi's weak profit history.
  Dangerous Fundamentals
Even before the financial crisis, Citi struggled to create value for investors. Figure 1 shows that Citi's return on invested capital (ROIC) has been below its weighted average cost of capital (WACC) in every year since 2000, which means Citi has not had positive economic earnings any year in this century. Citi is the only one of the Big Four financial institutions with this ignominious distinction.Since 2000, Citi's after tax profits (Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:21:09 EDT</pubDate>
							</item><item><title>Australia shares close at a 2-week high, Whitehaven jumps</title>
								<link>http://ewallstreeter.com/australia-shares-close-at-a-week-high-whitehaven-jumps-5265/</link>
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								<description><![CDATA[SYDNEY, June 19 (Reuters) - Australian shares rose 1 percent to close at a two-week high on Wednesday, helped by expectations that the U.S. Federal Reserve will not move quickly to scale back its...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:16:58 EDT</pubDate>
							</item><item><title>Britain's FTSE creeps higher; Fed in focus</title>
								<link>http://ewallstreeter.com/britain-s-ftse-creeps-higher-fed-in-focus-3727/</link>
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								<description><![CDATA[LONDON, June 19 (Reuters) - Britain's top shares rose on Wednesday in a session where moves were likely to be muted given uncertainty over whether the U.S. Federal Reserve might soon scale back the...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 03:12:06 EDT</pubDate>
							</item><item><title>Australia shares climb 1 pct, investors await Fed Reserve</title>
								<link>http://ewallstreeter.com/australia-shares-climb-pct-investors-await-fed-reserve-5317/</link>
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								<description><![CDATA[SYDNEY, June 19 (Reuters) - Australian shares rose 1 percent on Wednesday, helped by expectations that the U.S. Federal Reserve will not move quickly to scale back its monetary stimulus and as a...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 02:28:53 EDT</pubDate>
							</item><item><title>First Solar: Now Comes The Hard Part</title>
								<link>http://ewallstreeter.com/first-solar-now-comes-the-hard-part-3173/</link>
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								<description><![CDATA[By Bill Maurer: Recently, shares of First Solar (FSLR) took a hit after the company announced a stock offering, which it closed on Tuesday. In the end, First Solar raised nearly $428 million, which will provide the company with a nice chunk of change. Today, I'll break down the deal, and discuss why the hard part now comes. That is, First Solar has to make this money worth the dilution to existing shareholders.
  The deal - overall information:
First Solar originally offered to sell 8.5 million shares of stock. In the end, underwriters exercised their over-allotment option, adding another 1.247 million shares to the deal. In total, First Solar sold 9.747 million shares at $46.00 per share, receiving net proceeds of $427.7 million. According to the press release, the company will use the funds for the following items:
  First Solar intends to use the net proceeds from the offering for general corporate
Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 02:27:50 EDT</pubDate>
							</item><item><title>Starbucks Has Tremendous Opportunities Overseas</title>
								<link>http://ewallstreeter.com/starbucks-has-tremendous-opportunities-overseas-4673/</link>
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								<description><![CDATA[By Saibus Research:Starbucks (SBUX) has done a tremendous job expanding and growing in China, nourishing a demand for coffee which was non-existent there 14 years ago. Many go to Starbucks not just for its premium coffee but also for the prestige, which makes the customer feel cool and trendy. In return, Starbucks charges a premium for that experience which only the more affluent class can enjoy on a regular basis.
  Expansion Overseas
Starbucks did a great job to capitalize on Chinese consumer using its international brand and well placed location to leverage and attract customers. Looking forward, it has to do more than just attract customers. It has to develop and retain a consistent customer base. Cafes in China are more profitable per outlet than in the U.S even though sales per outlet lag its U.S. counterparts considerably. The greatest challenges for Starbucks to assimilate in China are: 1) affordability and 2)Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 01:58:01 EDT</pubDate>
							</item><item><title>Canadian Banks Cannot Escape The Effects Of A Housing Market Bubble And A Slowing Economy</title>
								<link>http://ewallstreeter.com/canadian-banks-cannot-escape-the-effects-of-a-housing-market-bubble-and-a-slowing-economy-7911/</link>
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								<description><![CDATA[By Junius:Canada's housing market is finally showing signs of cooling down, after a long property boom beginning in 1999, which had only a short and minor contraction in 2008/9. Since March 1999, house prices in Canada have risen by 133%; whilst in the U.S., house prices have only risen by 48% in the same period. Canadian house prices continue to rise, and in May were 2.0% higher than a year earlier, down from 5.8% from the previous year. However, more worryingly, the volume of home sales has fallen by 9.0% in the year to May.
  (click to enlarge)
A report released last week from the Organization for Economic Cooperation and Development (OECD), an international economic organisation of broadly rich countries, ranked Canada as having the third most overvalued housing market. However, Angel Gurria, secretary-general of the OECD, and Jim Flaherty, Canada's finance minister, disagree with the view that there is aComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 01:42:41 EDT</pubDate>
							</item><item><title>Campbell's Justifies High P/E With Acquisitions And International Growth</title>
								<link>http://ewallstreeter.com/campbell-s-justifies-high-p-e-with-acquisitions-and-international-growth-6706/</link>
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								<description><![CDATA[By Chris Katje: Less than a month after it announced it was acquiring Plum Organics, Campbell's Soup Company (CPB) has once again announced a new deal. Campbell's is acquiring Kelsen Group Als, a Denmark based company in the baked snacked category.Financial terms were not disclosed for the deal. Campbell's is buying the entire company from Maj Invest, a private equity firm, and the company's other small investors. The company is most famous for its Kjeldsens and Royal Dansk brands.Kelsen Group sells its baked snacks in 85 countries, which is important in Campbell's continued efforts to strengthen its sales in emerging markets. Kelsen Group already has distribution in Asia, South America, Middle East, Africa, and the United States. In 2012, Kelsen Group had gross sales of $180 million.The big reason Campbell's is buying the food company is China. In China and Hong Kong, Kelsen Group is a &quot;market leader&quot;Complete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 01:38:00 EDT</pubDate>
							</item><item><title>ANALYSIS-Hospital investors sold on U.S. health reform despite bumps</title>
								<link>http://ewallstreeter.com/analysis-hospital-investors-sold-on-u-s-health-reform-despite-bumps-6251/</link>
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								<description><![CDATA[CHICAGO, June 19 (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 00:59:57 EDT</pubDate>
							</item><item><title>Micron: The BIG One For Wednesday</title>
								<link>http://ewallstreeter.com/micron-the-big-one-for-wednesday-2850/</link>
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								<description><![CDATA[ByRuss Fischer:Micron Technology (MU) is in the semiconductor memory business. To say that the recent history of the semiconductor memory business has been poor is an understatement of galactic proportions. Japanese and Taiwanese memory companies have been bankrupted just like the American and European memory companies before them. Micron has been "Hoovering" up these companies up with wild abandon; sort of like paying for the privilege to lose more money. On the plus side they have been buying these irreplaceable assets for pennies on the dollar.The most recent of these acquisitions is the impending closing on the buyout from bankruptcy of Elpida Memories of Japan. More on that later.Micron Technology reports earnings on Wednesday, June 16, 2013 after the market close. Since Sunday three analyst upgrades have taken place; Jeffries on Father's Day, TP $20 from $13, Credit Suisse, TP $20 from $14, Citi, TP $19 from $13.50.IComplete Story &raquo;]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 19 Jun 2013 00:26:37 EDT</pubDate>
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