Monthly Archives: August 2008

Wind, solar energy built on temporary tax breaks

WASHINGTON (AP) — Congress is putting the short-term future of renewable energy companies in jeopardy even as the presidential candidates and most lawmakers hail windmills, solar panels and biofuels as long-term solutions to high gasoline prices and global warming.
Some $500 million in investment and production tax credits will expire Dec. 31 unless Congress renews them. [...]

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Arbitrage Spreads On Pending Mergers & Acquisitions -5-

Arbitrage Spreads On Pending Mergers & Acquisitions -5-
Last Update: 8/29/2008 10:38:32 AM
The following provides information on selected mergers and acquisitions. All
figures are updated by Dow Jones Newswires, with share prices as of 10 a.m.
Friday EDT.
Annualized rate of return is based on Friday’s date and the expected closing date
and isn’t compounded. Expected closing dates are compiled [...]

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Consumer sentiment improves in August

WASHINGTON (MarketWatch) — Consumer sentiment improved in August, according to a
media report on the University of Michigan/Reuters index released Friday. The
index rose to 63 in late August, compared with 61.7 earlier in the month, and
61.2 in July. The index reached a 28-year low in June. Economists surveyed by
MarketWatch were expecting the August result to reach [...]

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Treasurys stay up after consumer spending data

NEW YORK (MarketWatch) — Treasurys remained higher early Friday after a
government report showed real consumer spending fell 0.4% in July. Ten-year note
yields fell 2 basis points to 3.76%. Nominal spending rose 0.2%, in line with the
median estimate of economists surveyed by MarketWatch. The inflation measure most
closely watched by the Federal Reserve, which excludes food and [...]

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THE USGOVT G.D.P. FOR 2Q2008 SHOULD HAVE BEEN MINUS 2%

The mechanism used to lie was the same trusty device relied upon in the past: LIE ABOUT INFLATION. Students of economics statistics seem to be asleep, all except the Shadow Govt Statistics folks, who never seem to be duped, as in EVER! The actual stat series involved in the official number crunching is called the [...]

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