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Daily Archives: April 19, 2007

MetroPCS Rises Despite Other Recent IPO’s

Posted: April 19, 2007 at 10:00 am

MetroPCS (PCS-NYSE) did manage to be the first $1 Billion+ as far as capital raised in an IPO for 2007.  The stock priced its 50 million share IPO at $23.00 ...
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Southwest Airlines: Losing Its Fuel Hedge Competitive Advantages

Posted: April 19, 2007 at 9:28 am

Southwest Airlines (LUV-NYSE) is one to watch as its fuel hedge advantages are becoming less and less compared to other legacy and discount air carriers.  The company reported $0.04 EPS ...
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Pfizer Looks Like a Bond Replacement – Earnings Preview (PFE)

Posted: April 19, 2007 at 8:19 am

Pfizer (PFE) reports on Friday, and just liketearing off a band-aid, investors are hoping the earnings release tobe quick, and relatively painless.  Nobody’s expecting anythingspectacular on the “good news” front, ...
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Gannett Holds On By Its Fingers

Posted: April 19, 2007 at 7:59 am

Revenue at Gannett (GCI) was flat for the quarter. It did have a couple of TV stations in there for the period. They weren't in last year.Total sales hung around ...
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Merrill Lynch: More Signs That Investment Banking Rules The Universe

Posted: April 19, 2007 at 7:35 am

Merrill Lynch (MER) reveue in Q1 rose 24% to $9.85 billion. EPS was up from $1.65 to $2.26 when a charge from last year is taken out.But, the story was ...
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Altria Raises Guidance

Posted: April 19, 2007 at 7:29 am

Smoke 'em if you got 'em. Altria (MO) raised guidance for the year to $4.20 to $4.25 per share. Previously, the number had been $4.15 to $4.20.Oh, yes, and net ...
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Avici Systems’ Strategy Change Stumps Investors

Posted: April 19, 2007 at 7:26 am

Avici Systems Inc. (AVCI-NASDAQ) is in a bit of a pickle this morning.  There have only been a bit more than 40,000 shares traded pre-market, but shares are down almost ...
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Merck Does OK

Posted: April 19, 2007 at 7:23 am

Merck (MRK) announced what the market expected. On that note, they are already ahead of Yahoo!.Revenue hit $5.8 billion up 7% for the quarter. EPS without restructuring costs, hit $.84, ...
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Pre-Market Stock News (APR 19, 2007)

Posted: April 19, 2007 at 6:53 am

(AAPL) Apple’s iPhone is not being delayed according to AT&T (Cingular).(ALTH) Allos Therapeutics's PDX Granted Orphan Medicinal Product Designation by the European Commission.(AME) Ametek $0.48 EPS vs $0.46e.(ARB) Arbitron $0.52 ...
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Earlybird Analyst Calls (APR 19, 2007)

Posted: April 19, 2007 at 6:35 am

AIT cut to Hold at BB&T.ALDN cut to Neutral at UBS.ATHR started as Buy at AGEdwards.BEN cut to Neutral at JPMorgan.CRZO cut to Mkt Perform at Wachovia.CPWR cut to Mkt ...
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Nokia’s Home Run

Posted: April 19, 2007 at 5:43 am

Nokia (NOK) reported that its sales of handsets hit over 91 million units in the first quarter, up 21%. Price per unit dropped 13% to 89 euros as the company ...
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Europe Markets 4/19/2007 German Market Off

Posted: April 19, 2007 at 5:36 am

Markets in Europe were off sharply at 6.30 AM New York time.The FTSE was down .7% to 6,403. Barclays (BCS) was down .7% to 738. BP (BP) was down 1% ...
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Microsoft’s New Attempt To Rule The World

Posted: April 19, 2007 at 4:40 am

The offer sounds very generous. Microsoft (MSFT) will sharply cut its prices to developing countries that offer free PCs to children. It may be a way to avoid some piracy ...
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DaimlerChrysler Sales Plan: A UAW Roadblock

Posted: April 19, 2007 at 4:12 am

Call it a roadblock, or just an attempt to build a toll. The head of the UAW, who sits on the DaimlerChrysler (DCX) supervisory board, wants the company to cease ...
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Dell May Never Recover: Q1 PC Sales

Posted: April 19, 2007 at 3:56 am

Growth in PC sales during the first quarter was pretty good. IDC says that the global market grew 10.9%, better than the last several quarters. But, sales in the US ...
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