Daily Archives: May 1, 2007

Comcast Asks The Phone Companies To Surrender

Posted: May 1, 2007 at 10:00 am

Comcast (CMCSA) was all excited about its earnings. Revenue rose ot $7.4 billion and operating income to $1.3 billion. The dreaded "triple play" of voice, cable TV, and broadband did ...
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AMD Financing Terms: Even Stranger Than Expected (AMD)

Posted: May 1, 2007 at 9:58 am

Advanced Micro Devices (AMD-NYSE) made its 8-K filing last night that discloses more of the terms and conditions of what we called a "Voodoo Financing" regarding the $2.2 billion convertible ...
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Level 3 Falls Completely Apart

Posted: May 1, 2007 at 9:40 am

If you bought Level 3 (LVLT) shares a year ago, you lost. The stock closed at $5.68 last May 2. It now trades at $5.38. When the stock hit $6.76 ...
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Microsoft (MSFT) Looks At Buying 247RealMedia (TFSM)

Posted: May 1, 2007 at 8:08 am

Now that Google has bought Doubleclick and Yahoo! (YHOO) has sucked up Right Media, it appears that Microsoft may be the buyer for 24/7 RealMedia (TFSM). The deal would be ...
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Liz Claiborne: The Worst Retail Earnings This Quarter (LIZ)

Posted: May 1, 2007 at 7:21 am

Liz Claiborne Inc. (LIZ-NYSE) is indicated down 20% now in pre-market activity after a severe earnings blunder, and this is so bad that it really looks like perhaps the worst ...
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Pre-Market Stock News (MAY 1, 2007)

Posted: May 1, 2007 at 6:59 am

(AMED) AMEDISYS $0.51 EPS vs $0.50e.(AVP) Avon Products $0.34 EPS vs $0.28e.(BP) BP has new documents that surfaced on corrosion and the company not spending to fix pipelines.(BSX) Boston Scientific ...
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Sirius Satellite Radio Earnings Q1 2007

Posted: May 1, 2007 at 6:22 am

(SIRI) Sirius Satellite Radio $204M revenues and net loss was -$0.10; Estimates were $212 million revenues and -$0.10 EPS.Its subscribers rose 556,490 to about 6.6 million; Churn rate was 2.3% ...
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Earlybird Analyst Calls (MAY 1, 2007)

Posted: May 1, 2007 at 6:11 am

AMED raised to Buy at Jefferies.AMR cut to Reduce at UBS.AWRE started as Buy at Merriman Curhan Ford.CACH started as Overweight at Thomas Weisel.CAL cut to Neutral at UBS.CC downgrades: ...
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Trouble In Video City: Too Many Players

Posted: May 1, 2007 at 4:37 am

Venture capital firms put $682 million into video start-ups in 2006. That was almost double the year before. The $1.65 billion that Google (GOOG) paid for YouTube helped start the ...
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Carl Icahn Will Oust Motorola’s Ed Zander

Posted: May 1, 2007 at 4:20 am

"I love my job. I hate my customers." What a quote from Motorola (MOT) CEO Ed Zander, picked up by The Wall Street Journal. If is the kind of statement ...
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Housing Will Wreck Detroit’s Turnaround For The Year

Posted: May 1, 2007 at 4:01 am

Most of the media's attention regarding the car industry is directed at how badly sales will be in April. That is just the beginning of what could be a catastophic ...
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Media Digest 5/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: May 1, 2007 at 3:41 am

According to Reuters, Yahoo! (YHOO) has signed a deal with Comcast (CMCSA) to sell advertsing for its portal, comcast.net.Reuters writes that Oracle (ORCL) has asked a court to have SAP ...
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Asia Markets 5/1/2007

Posted: May 1, 2007 at 3:10 am

Chinese markets were closed for a holiday.The Nikkei fell .7% to 17,275. Canon (CAJ) fell 1.2% to 6670. Honda (HMC) fell 1.5% to 4070. NTT (NTT) fell .7% to 592000. ...
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