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Daily Archives: November 20, 2006

Shifting Sands in DRAM Market

Posted: November 20, 2006 at 12:47 pm

By William Trent, CFA of Stock Market BeatAs the companies in the market take different competitive approaches, the market share for producers of the dynamic random access memory, or DRAM, ...
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SEMI Cycle Downturn Now Clear as Day

Posted: November 20, 2006 at 12:45 pm

By William Trent, CFA of Stock Market BeatAccording to Semiconductor Equipment and Materials International (SEMI), North American-based manufacturers of semiconductor equipment posted $1.50 billion in orders in October 2006 (three-month ...
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The Hunter (Phelps Dodge) Becomes the Hunted

Posted: November 20, 2006 at 12:42 pm

As Bill Cara predicted several months ago, Phelps Dodge’s (PD) bid for Inco and Falconbridge has been thwarted, and has now become dinner rather than diner. Smaller Rival in Agreement ...
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Red Hat’s Silly Move to NYSE

Posted: November 20, 2006 at 10:41 am

by Jon C. OggStock Tickers: RHAT, ORCL, MSFT, NOVLRed Hat (RHAT) has not been without controversy nor been without problems of late.  It has managed to see its core Linux ...
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Blackstone’s buyout of Equity Office Properties Trust, a real game-changer

Posted: November 20, 2006 at 9:57 am

by Jon C. OggThe Blackstone private equity buyout of Equity Office Properties Trust (EOP) is a real game changer for Office REIT shares.  This office property sector has been consolidating ...
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Fifteen Most Overvalued Stocks: ConAgra

Posted: November 20, 2006 at 9:27 am

In looking for the most overvalued stocks, we considered metrics like price-to-sales, rapid stock price appreciation not supported by comparable financial growth, pricing and revenue pressure from competition, and future ...
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Verizon’s Idearc Phone Book Spin-Off Completed

Posted: November 20, 2006 at 9:02 am

by Jon C. OggThe spin-off of Verizon's (VZ) phone book business has been completed.  The Idearc (IAR) operator of Yellow and White Pages begins trading today on its own basis.Idearc's ...
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Pre-Market Stock News (Nov. 20, 2006)

Posted: November 20, 2006 at 8:27 am

by Jon C. Ogg(AGE) A.G.Edwards announced 10M share buyback.(AGN) Allergan indicated higher as FDA allows Silicone breast implants after a 14 year ban.(AKAM) Akamai Tech is acquiring private Nine Systems ...
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Select Analyst Calls (November 20, 2006)

Posted: November 20, 2006 at 8:12 am

ALC raised to Buy at Jefferies.ALSK cut to Neutral at B of A.AMB raised to outperform at RBC.APPB cut to Neutral at JPMorgan.BLL raised to Equal Weight at Morgan Stanley.CBEY ...
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The Rich Are Different From You And Me (BAC)(GS)(JPM)(C)

Posted: November 20, 2006 at 7:54 am

F Scott Fitzgerald made the observation that "the very rich are different than you and me." Well, the mega-banks think so anyway.As opportunities like corporate lending and M&A become more ...
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Should Sumner Redstone Take The Money And Run?

Posted: November 20, 2006 at 7:47 am

Stocks:  (VIA)(CBS)(DIS)(TWX)(NWS)There has been a far amount of speculation recently that both CBS and Viacom could be takeover targets. The purchase of Clear Channel by private equity interests has focused ...
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Fifteen Most Overvalued Stocks: Nvidia

Posted: November 20, 2006 at 6:07 am

In looking for the most overvalued stocks, we considered metrics like price-to-sales, rapid stock price appreciation not supported by comparable financial growth, pricing and revenue pressure from competition, and future ...
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Europe Market 11/20/2006 France Telecom, BP Down

Posted: November 20, 2006 at 5:39 am

Stocks: (BCS)(BP)(BT)(FSK)(PUK)(RTRSY)(UL)(VOD)(DCX)(DB)(DT)(SI)(ALA)(AXA)(FTE)(V)Markets in Europe were lower at 5.30 AM New York time.The FTSE was down .6% to 6,158. Barclays was down .2% to 705.5. BP was down 1.1% to 575.5. ...
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Media Digest 11/20/2006 Reuters, Wall Street Journal, New York Times

Posted: November 20, 2006 at 5:05 am

Stocks: (FCX)(PD)(GM)(TWX)(NDAQ)(NYX)(YHOO)(BAC)According to Reuters, Freeport McMoRan, the metals company, has agreed to buy Phelps Dodge of $25.9 billion. Reuters writes that Blackstone has agreed to buy real estate firm Equity ...
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Asia Markets 11/20/2006 Toyota Falls Sharply, China Unicom Up

Posted: November 20, 2006 at 4:47 am

Stocks: (CAJ)(FUJ)(HIT)NIPNY)(NTT)(SNE)(TM)(PCW)(HBC)(CHL)(CHU)Markets in Asia fell sharply.The Nikkei was down 2.3% to 15,726. Bridgestone was off 2.8% to 2445. Canon was down 3% to 6120. Daiwa Securities was down 3.2% to ...
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