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By Dimitri Kanellopoulos, BuyActive.com
Pick of the Month - (MOT) May 2010
NEW YORK (BuyActive) -
Here is my Pick of the Month for May 2010, Motorola Inc. (MOT).
Motorola has always been on the leading edge of invention and innovation and now with the introduction of Android based devices,
will have the ability to recapture some of its lost markets. Since the early 20th century, Motorola has been a global leader in telecommunication.
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By Dimitri Kanellopoulos, BuyActive.com
What's in the future for Greece?
NEW YORK (BuyActive) - Rumors are on the rise again and investors' confidence is shaky as the spreads widen. Greek/German 10 year bond yield
spread hits 456 bps, a record difference of over 4 percentage points. This interest rate gap or spread, only makes it more expensive for Greece
to borrow funds once again.
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By Dimitri Kanellopoulos, BuyActive.com
Pick of the Month - (OTE) April 2010
NEW YORK (BuyActive) -
Here is my Pick of the Month for April 2010, Hellenic Telecommunication Organization, S.A.(OTE).
Yes, it's time to buy another Greek stock. The uncertainties facing Greece have been in the news almost every day for the past couple of months.
So much that it has had a negative impact on otherwise profitable companies based here. One that has taken the hit is OTE.
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By Dimitri Kanellopoulos, BuyActive.com
Pick of the Month - (NBG) March 2010
NEW YORK (BuyActive) -
Here is my Pick of the month for March 2010, National Bank of Greece S.A.(NBG). Surprised? So far, my first three
picks of the month for the year 2010 are financial institutions
(BAC), (C),
(NBG) - yes
that's right, financial institutions. As I've said before, 2010 is the year we will see the comeback of the financial institutions, which have been severely beaten globally
in the past two years.
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By Dimitri Kanellopoulos, BuyActive.com
Greece has great potential
DAVOS, Switzerland (BuyActive) -
The problems faced by the Greek economy are not as catastrophic as the world may think. Greece has not asked for help from anybody and
I believe they can take care of their problems by themselves. Finance Minister George Papaconstantinou also believes that "Greece will do
whatever it takes to bring the deficit down" through cuts in spending and increased revenue.
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By Dimitri Kanellopoulos, BuyActive.com
Barack Obama's State of the Union speech
WASHINGTON (BuyActive) - President Barack Obama declares to continue fighting for the economy, job creation and health care. Full text of President Barack Obama's first State of the Union speech.
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(C)
By Dimitri Kanellopoulos, BuyActive.com
Pick of the Month - Citigroup February 2010
NEW YORK (BuyActive) -
Here is my Pick of the month for February 2010, I am giving it to you several weeks in advance because Citigroup will issue
its fourth quarter and full-year 2009 results on Tuesday, January 19, 2010. This gives investors a great opportunity to buy the stock
at a huge discount, and it may be a once in a life time OPPORTUNITY...
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By Dimitri Kanellopoulos, BuyActive.com
Pick of the Month - BAC January 2010
NEW YORK (BuyActive)-
Pick of the Month is not your average newsletter, it is a simple investmennt tool. Every month I will give you my best investment idea,
One pick per month is all that's needed since each stock I choose represents the best opportunity in the market. A lot of thought goes
into each selection, I don't just pull our monthly recommendations out of a hat.
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Monetary Policy and the Housing Bubble
WASHINGTON (BuyActive) - Speaking today in Atlanta at the Annual Meeting of the American Economic Association,
Federal Reserve Chairman Ben S. Bernanke said that it wasn't low interest rates that caused the housing bubble, but stronger regulations
would have kept things in check. Following is the full text of his speach.
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By Dimitri Kanellopoulos, BuyActive.com
BuyActive.com Stock Market Forecast 2010
NEW YORK (BuyActive) - Stock Market Forecast 2010
As 2009 ends and 2010 begins, everybody is working on their Stock Market Forecast.
As we say goodbye to 2009, our thoughts turn to what lies ahead for the average investor.
Therefore, with a peek into the future, here are my Stock Market predictions for 2010.
This could be the biggest financial turnaround year of the decade.
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By Dimitri Kanellopoulos, BuyActive.com
Citigroup shares - a lifetime opportunity!
NEW YORK (BuyActive) - Citigroup shares have already dropped a great deal. Now we know the offering price is $3.15,
well below Wednesday's closing price and less than the $3.25 the government got for its Citigroup shares.
This gives investors a great opportunity to buy the stock, maybe a once in a life time OPPORTUNITY... There won't be another offer this
low... you must take advantage of it now!
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By Dimitri Kanellopoulos, BuyActive.com
Citigroup shares the opportunity of the decade!.
NEW YORK (BuyActive) - Citigroup shares have already dropped a great deal ahead of the offering. The shares fell 6.33% to $3.70 Monday.
This gives investors a great opportunity to buy the stock.
Word on the street is that institutional interest in share offering is strong, a big step in the right direction for the company.
Of course Citigroup is anxious to pay back the TARP because that would mean a lifting of the "executive pay restrictions" that came along
as part of the borrowing conditions.
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By Dimitri Kanellopoulos, BuyActive.com
Citigroup Repayment plan is close.
NEW YORK (BuyActive) - As we said previously, Citigroup must try to come up with the money to start repaying some of the $45 billion it got from the
US government as part of the Troubled Asset Relief Program (TARP).
An agreement could come at any time since it is preferable to show some action before the end of the quarterly report.
We will all be watching closely to see how much money they can raise and how it will affect the dilution of the shares.
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Bernanke speech to Economic Club of Washington
WASHINGTON D.C.(BuyActive) - Federal Reserve Chairman Ben Bernanke's speech to the economic club of Washington Monday has everyone closely
watching all his comments such as "consumer spending also has been rising since midyear. Part of this increase reflected a temporary surge
in auto purchases that resulted from the "cash for clunkers" program, but spending in categories other than motor vehicles has increased as well".
"We have begun to see some improvement in economic activity".
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By Dimitri Kanellopoulos, BuyActive.com
The pressure is on for Citigroup.
NEW YORK (BuyActive) - With Citigroup's year end report quickly approaching in January, the pressure is on for them to try and repay part of the
TARP bail out funds.
Citigroup and Wells Fargo are the last of the big banks that have not yet payed back the Tarp funds since Bank of America announced last
week it would be raising the money to do so. B of A was able to surpass their goal of raising 18.8 billion when they raised 19.3 billion.
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By Dimitri Kanellopoulos, BuyActive.com
Bank of America plans to repay the $45 billion TARP.
CHARLOTTE, N.C. (BuyActive) - In a surprise announcement today, Bank of America became one of the first major banks to plan to repay the TARP funds.
Outgoing CEO Kenneth Lewis was always commited to this acomplishment but now it will become a reality.
Bank of America plans to repay the 45 billion dollars it got through the bailout program during the financial crisis by the end of this year.
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By Dimitri Kanellopoulos, BuyActive.com
Markets not based on fundamentals
MONTREAL (BuyActive) - These markets, not being based on fundamentals, are eventually bound to turn negative.
Stocks are overvalued and the US economy is likely to fall back into a recession in a few months. Investors can buy pretty much anything today;
good strong stocks, poor weak stocks, everything is going up. This is all caused by low interest rates and the US dollar’s weakness.
The S&P 500 touched a 13-month high on breaking above the technically important 1100 level.
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Bernanke speech to Economic Club of New York
NEW YORK (BuyActive) - When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had
just taken a much more virulent turn. In my remarks at that time, I described the extraordinary actions that policymakers around the globe
were taking to address the crisis, and I expressed optimism that we had the tools necessary to stabilize the system.
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