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04/01/2010 - 12:20  The incredible rally in equity and credit markets in 2009 has translated into some jaw-dropping earnings figures for the world's top hedge fund managers. In fact, it is a record. The top 25 managers brought in a collective $25.3 billion. These figures include both the estimates of each money manager's portion of fees as well as the increased value of their personal stakes in their funds.
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04/01/2010 - 16:05  Today, Absolute Return+Alpha magazine released their list of the top earning hedge fund managers for 2009. Headlining 2009's rankings of the world's wealthiest traders was David Tepper who runs Appaloosa Management. He made over $4 billion betting that the U.S. government would not let the nation's largest banks fail.
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04/01/2010 - 19:37  The Ontario Securities Commission (OSC) has filed a complaint against Agoracom Investor Relations Corp. and Agora International Enterprises Corp., collectively referred to as Agoracom, relating to fraudulent on-line posting activity. The Proceeding also names the company's management, George Tsiolis and Apostolis Kondakos, as Respondents.
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04/01/2010 - 15:40  Rumors that Apple's (NASDAQ: AAPL) iPhone could be moving to Verizon (NYSE: VZ) sooner rather than later sent Verizon's stock up on Tuesday and today, but the bigger picture reveals a less-optimistic outlook for the telecom company and its main competitior, AT&T (NYSE:
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04/01/2010 - 17:46  Today, Absolute Return+Alpha magazine released their list of the highest earning hedge fund managers. Legendary investor George Soros continues to mint money, raking in an incredible $3.3 billion in 2009. Soros' haul was good enough for second on the elite list of the world's savviest money managers.
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04/02/2010 - 09:36 The USD rose upon issue of the US Non-Farm Payroll figures. The release of the employment report showed that the US economy created 162,000 jobs in March, the highest since the beginning of the recession. This was slightly lower than expectations of 190,000. February numbers were revised to reflect a loss of 14,000 rather than a loss of 36,000. The unemployment rate is steady at 9.7%.
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04/02/2010 - 00:29  On Wednesday April 1, 2010, Clean Energy Fuels Inc (CLNE) signed a multi-year master agreement with AT&T to supply compressed natural gas (CNG) fueling stations to support AT&T's deployment of up to 8,000 CNG fleet vehicles nationwide.
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04/01/2010 - 23:45 In an interview with CNBC, Bob Patten, managing director and senior bank analyst at Morgan Keegan, shared his stock picks.
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04/01/2010 - 20:53  The Financial Times is reporting about Japan being a contrarian play. I wrote an article here a month ago about how Byron Wien of Blackstone Advisory Services put Japan on his list of "Ten Surprises for 2010. If you search under the mutual fund ticker symbol SPXJX, the article will come up here. Here is part of the article:
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04/01/2010 - 18:32  Markets such as natural gas futures (NGK0) and companies such as Clean Energy Fuels Corp (CLNE) whose success is predicated on the pursuit of a green alternative to Crude Oil (CLY0), have had garnered some recent support.
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