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Woodshedder’s Family Biz Shut Down By SC Gov’t Regulators

By Harriet McLeod

CHARLESTON, South Carolina (Reuters) – Looking for raccoon meat? You won’t find it at a country convenience store in South Carolina after state health inspectors told employees to throw out their supply.

Tipped off by a complaint, inspectors recently found the cleaned raccoon meat in plastic bags inside one of the store’s coolers, along with bagged ice.

“In my 28 years with the agency, it’s the first time I’ve heard of this,” Thom Berry, spokesman for the state Department of Health and Environmental Control, said on Wednesday.

“My inspectors, they see all kinds of things, but this is something new even to them.”

The Lucky 7 store — located in Gadsden, near the state capital of Columbia — removed the meat upon request, Berry said. But when inspectors went back several days later, they found it outside the building near some trash.

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Top % Gainers (Price)
Symbol Percent Change (Price)
OXM 30.15%
CEPH 28.11%
BVX 26.39%
RXII 25.40%
ONSM 16.67%
FMAR 15.85%
CVM 15.00%
GENE 14.47%
NLST 14.46%
SURW 14.15%

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Sell-Side Analysts and Gender: A Comparison of Performance, Behavior, and Career Outcomes

Abstract:
Using a comprehensive sample of investment recommendations from 1994 to 2005, we investigate differences in the performance, behavior, and career outcomes of male and female sell-side analysts. Compared to their male counterparts, we find that the recommendations of female analysts produce similar abnormal returns but significantly lower idiosyncratic risks, which suggest higher information ratios for the recommendations of female analysts. Female analysts also issue significantly less biased recommendations. Further, gender does not seem to negatively influence female analysts’ career outcomes as defined by their star rankings and job mobility among brokerage firms. In fact, being a female analyst seems to increase the likelihood of being listed among the prestigious Institutional Investor stars.

Get article here.

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Hedge Fund Bets $40 Million That Twitter Can Predict The Stock Market

“Last October, Johan Bollen and Huina Mao, professors of informatics and computing at Indiana University-Bloomington, caused a stir in the business world when they said Twitter could be used to predict the Dow Jones.

Paul Hawtin, a 28-year-old hedge fund manager, liked the idea so much that he’s now dedicating an entire hedge fund to it.

The original paper, entitled “Twitter mood predicts the stock market,” investigated whether “collective mood states derived from large-scale Twitter feeds” like OpinionFinder and Google-Profile of Mood States correlated with the value of the Dow Jones Industrial Average. What they found was that their algorithm not only paralleled market changes, it predicted them, with startling 87.6 percent accuracy.”

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Cuomo Strikes Tentative Deal on N.Y. Budget With Big Cuts

Well hell, where are all the protesters? Cuomo is is cutting education, health care, and lowering taxes on high-income New Yorkers, and the people aren’t going bonkers in the streets and at the state capitol?

By NICHOLAS CONFESSORE and THOMAS KAPLAN

Published: March 27, 2011

“Culminating weeks of secretive negotiations and intense political jockeying, Gov. Andrew M. Cuomo and leaders of the Legislature announced on Sunday the outlines of a $132.5 billion budget that would cut state spending, impose no major new taxes and begin a long-term overhaul of the state’s bloated Medicaid programs.

The agreement comes five days before the March 31 budget deadline, offering the prospect of Albany’s first on-time budget in five years, in what Mr. Cuomo and his counterparts in the Legislature said they hoped would signal a new day of responsible budgeting and effective government in a Capitol long criticized for its gridlock and dysfunction. The deal would end a temporary income tax surcharge on high-income New Yorkers, which some have called the “millionaire’s tax” even though it affects incomes starting at $200,000 annually.

Mr. Cuomo’s aggressive and strategic approach to negotiations appeared to have yielded significant victories, including a year-to-year cut of more than $2 billion in spending on health care and education, the two largest drivers of New York’s ever-growing budget. Mr. Cuomo and the Legislature also agreed to create a new Department of Financial Services by merging the existing state banking and insurance agencies, as well as other consolidations.”

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Obama’s Unconstitutional War: Bringing US Closer to Imperialism than Bush Ever Did

By unilaterally going to war against Libya, Obama is bringing America closer to the imperial presidency than Bush ever did.

BY BRUCE ACKERMAN | MARCH 24, 2011

“In taking the country into a war with Libya, Barack Obama’s administration is breaking new ground in its construction of an imperial presidency — an executive who increasingly acts independently of Congress at home and abroad. Obtaining a U.N. Security Council resolution has legitimated U.S. bombing raids under international law. But the U.N. Charter is not a substitute for the U.S. Constitution, which gives Congress, not the president, the power “to declare war.”

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